For-profit hospital operators strained by physician fees, payer relations in Q3
With the exception of HCA, the biggest U.S. health systems all reported lower year-over-year profits in the third quarter.
Biggest takeaways from health insurers’ third-quarter earnings
Many payers beat Wall Street expectations in the quarter, despite ongoing utilization concerns. Other hot topics? Medicare Advantage stars, Medicaid redeterminations, individual exchange growth and GLP-1s.
Healthcare financial strain is ‘widespread’ in U.S., study finds
The analysis adds to a growing body of research highlighting the burden of healthcare costs in the U.S., even for families with higher incomes.
FTC challenges patents held by nine big drugmakers, citing unfair competition
The agency claims intellectual property for emergency allergy shot EpiPen and asthma medication Advair was “improperly listed” in a Food and Drug Administration database.
Amazon discounts One Medical membership for Prime customers to $9 a month
The move could further integrate the retail giant’s healthcare ambitions with its core ecommerce business.
Best Buy inks third health system product development deal, with Mass General Brigham
The tech retailer notched similar partnerships to co-develop home care products with Geisinger and Atrium earlier this year.
Envision Healthcare emerges from bankruptcy restructuring
The physician staffing firm, which filed for Chapter 11 bankruptcy this spring, said it has since reduced its debt by more than 70%.
Surescripts buys drug alternatives company ActiveRADAR
The deal comes months after Surescripts settled a yearslong antitrust case with the Federal Trade Commission.
Biden administration proposes capping broker payment in MA, following pressure
The new proposed rule is meant to stop brokers from steering beneficiaries to plans based on excessive compensation. It’s regulators’ latest move to curb Medicare Advantage marketing misconduct following a push from lawmakers.
Kaiser Permanente’s investment, operating income rebounded in Q3
Kaiser reported a $239 million profit and $83 million in investment income, compared to multi-billion dollar losses in the same period last year.