Teladoc reports historic net loss of $13.7B in 2022
Analysts said that Teladoc reset market expectations in the quarter to a more achievable place for 2023, as the company looks to better balance growth with profitability.
Cigna secures restraining order, barring executive from joining CVS
A judge said Cigna “would suffer irreparable harm absent a temporary injunction” and that it was “inevitable” that the employee, Amy Bricker, would share or use Cigna’s trade secrets while at CVS.
Amazon closes $3.9B buy of One Medical
The acquisition, which closed without a challenge from regulators, gives Amazon a footprint in primary care and reinvigorates the company’s long-held plans to sell healthcare services to employers.
UnitedHealth closes $5.4B buy of home health business LHC
The deal, which was held up by regulatory scrutiny, closed in a little under a year. LHC will become part of UnitedHealth’s health services arm Optum to deliver integrated care, as demand for home and community care increases.
Sutter Health taps first chief consumer, brand officer
Jennifer Bollinger will be the first to serve in the newly created position within nonprofit Sutter Health.
HIPAA complaints, breaches increased from 2017 to 2021 as HHS urges more funding
The HHS Office for Civil Rights is facing a “severe strain” on its staff and budget amid rising breaches and complaints, according to the agency’s annual report to Congress.
Medicaid enrollees largely unaware of upcoming redeterminations, survey finds
About 64% of adults in a Medicaid-enrolled family said they did not know they may lose coverage once pandemic-era policy ends and eligibility checks resume on April 1, a survey from the Robert Wood Johnson Foundation found.
Could Medicaid redeterminations cause short-term health plan signups to spike?
Short-term plan operators will likely ramp up their marketing in April to nab new consumers from the Medicaid churn, but health policy experts largely aren’t concerned.
SUNY Upstate, Crouse Health System call off merger
The Federal Trade Commission, which opposed the tie-up, cheered the news on Thursday. Previously, the agency had warned state lawmakers about the dangers of shielding hospital mergers from antitrust enforcement.
How Data and AI Can Advance Health Equity
Michael Sanky, global industry lead of healthcare and life sciences at Databricks, outlines how technology and healthcare leaders can harness artificial intelligence to equitably help patients.