S&P Global Ratings downgrades Walgreens, citing struggles in both pharmacy and retail
The drugstore retailer faces debt maturities, and the upending of some strategies introduces new uncertainties, analysts said.
Commure to acquire AI scribe Augmedix in $139M deal
The take-private deal would help the firm scale its documentation products to more providers and health systems, CEO Manny Krakaris said.
Steward fails to spark competitive auction during first round of hospital sales
The bankrupt health system did not receive any qualified bidders in Ohio and Pennsylvania.
Florida awards additional Medicaid contracts to CVS, UnitedHealth, Molina
The three payers were cut out of the state’s first round of contracts divvied out in April.
CMS cracks down on ACA brokers to prevent plan switching
Agents and brokers connecting consumers with Affordable Care Act plans now have to jump new hurdles to change their coverage, following mounting complaints about unauthorized plan switching.
CrowdStrike outage hits US hospitals
The cybersecurity firm released what was meant to be a routine software update, but now health systems, including CommonSpirit Health and Cleveland Clinic, are locked out of Windows systems.
Digital health funding declines, but check sizes swell: CB Insights
While the number of deals reached its lowest levels since 2014, the average deal size for the first half of 2024 was 40% higher than the year prior.
Instacart partners with Northwell Health to bolster food access
The tie-up with New York’s largest healthcare provider is focusing first on supporting expecting mothers in Black and Brown communities who are food insecure.
Healthcare is an ‘easy victim’ for ransomware attacks. How hospitals can mitigate the damage.
Limited resources in a highly connected ecosystem can make hospitals vulnerable, but planning ahead and implementing key protections could help thwart attack.
UnitedHealthcare, Neighborhood Health Plan win Rhode Island Medicaid contracts
The state’s managed care organizations handle health benefits for 90% of its Medicaid beneficiaries each year.