GLP-1 drug coverage for obesity making inroads with large employers: Mercer
In 2024, coverage for obesity drugs increased to 44% among employers with 500 or more workers, compared to 41% last year, the survey found.
MPT installs new leadership at 3 Prospect hospitals as system continues to miss rent payments
Prospect has attempted to sell hospitals to generate liquidity, but has been unable to offload several of its properties.
Providers will need to boost cyber defenses amid AI adoption: Moody’s
AI could ease labor shortages, but health systems will need to increase cybersecurity spending to manage increased risks, according to the credit ratings agency.
UnitedHealth, Cigna, CVS sue FTC over insulin litigation process
The three companies are claiming the FTC’s suit is unconstitutional because it was lodged in the agency’s administrative court, instead of a federal one.
CMS allows five states to adopt multi-year continuous Medicaid eligibility for children
The future of such policies is unclear under an upcoming Trump administration, which could rescind approvals or prevent states from implementing waivers.
Providence names new COO
Darryl Elmouchi will take on the role effective Jan. 2 as Providence reshuffles its executive team.
Oak Street Health co-founder departs CVS
Mike Pykosz, who joined CVS with its acquisition of the value-based medical chain in 2023, is departing amid a flurry of high-level ousters at the struggling company. However, Pykosz is leaving voluntarily, CVS said.
CareMax, dragged by Steward, files for bankruptcy
CareMax was the exclusive Medicare managed service organization to Stewardship Health. Steward’s bankruptcy posed an “existential threat” that CareMax said it couldn’t overcome.
Healthcare industry braces for RFK Jr.
Kennedy’s views on vaccines in particular are causing alarm among some physicians and investors.
Trump nominates Dr. Oz to oversee Medicare, Medicaid as CMS head
On Truth Social, President-elect Donald Trump said Oz, who is best known for his eponymous TV show, would take on the “illness industrial complex.”