What’s going on at Steward Health Care?
The physician-led healthcare network formed to save hospitals from financial distress. Now, hospitals in its own portfolio need bailing out after years of alleged mismanagement.
SCAN Group, CareOregon abandon merger plans
The insurers have dissolved their merger a little over a year after it was announced amid rising criticism from politicians and the public.
Amwell cut headcount by 10% since end of 2023
The telehealth vendor faced headwinds last as it migrated customers to a new platform, executives said on a Wednesday earnings call.
Private equity deals in Medicare Advantage decline, report finds
High interest rates and new regulations could be driving the slowdown, according to a report by the Private Equity Stakeholder Project.
Data broker used phone location info to track Planned Parenthood visits, senator says
Sen. Ron Wyden urged federal regulators to crack down on a data broker that allegedly used location data to track visits to hundreds of clinics and target users with anti-abortion ads.
HCA updates C-suite reporting structure
The Nashville-based for-profit adjusted its strategy for senior executives as it attempts to gain a 29% market share in healthcare services by 2030.
Elevance lays off more employees
The health insurer has quietly laid off thousands of employees since September, according to sources.
Washington state bill seeks to regulate hospital mergers, care access
The Washington state Senate advanced legislation Thursday that grants the state attorney authority to deny mergers that may limit healthcare access.
Humana sued over alleged 340B underpayments in Medicare Advantage
Alabama-based Baptist Health argued the insurer had received a “windfall” due to illegal payment cuts in the 340B drug discount program.
Kaiser reports $4.1B net gain in 2023 on improved investments
The nonprofit’s financial rebound followed a difficult 2022 in which the operator reported a $4.5 billion net loss.