Advocate Health in black in first H1 as combined system
The nonprofit hospital operator, which formed last year through the merger of Advocate Aurora Health and Atrium Health, reported an improved 0.6% operating margin.
GoodRx adds patient insurance information to drug cost platform for providers
The addition of insurance pricing is a key differentiator for GoodRx’s medication comparison platform, according to an executive. By making Provider Mode more attractive to doctors, the digital health company is also increasing its revenue opportunities.
Bon Secours sues Anthem BCBS over unpaid claims
The Cincinnati-based health system is alleging the Elevance subsidiary owes $93 million following four years of contract disputes.
Providence posted $202M operating loss in Q2 as it deploys recovery programs
The health system has focused on cost-cutting efforts to right its financials after suffering losses last year.
More than 80% of healthcare executives say recruiting talent is a top business risk, report finds
Healthcare executives are more likely than those in other industries to label staffing shortages a business risk, PwC finds.
Software overload could boost digital health M&A
Buyers of digital health products are overwhelmed with point solutions, which could boost merger and acquisition activity in a slowed funding environment, experts say.
Medicare names first 10 drugs for price negotiations
The list includes the top-selling blood thinners Eliquis and Xarelto, as well as the arthritis drug Enbrel and heart failure medicine Entresto.
Google expands generative AI model Med-PaLM to more health customers
A limited group of Google Cloud clients, including systems HCA and Mayo Clinic, have been testing the large language model since April in a variety of use cases.
Texas judge rules to vacate more No Surprises Act regulations
The ruling, which targets guidance related to the independent dispute resolution process, prompted the CMS to again pause all federal disputes.
Mental health service utilization and spending increased during the pandemic, study finds
Telehealth options helped providers meet increased patient demand for mental healthcare services during the pandemic, according to a new report.