CommonSpirit trims operating losses in second quarter
The nonprofit improved net income but was still dogged by rising expenses in the quarter.
House subcommittee grills VA, Oracle over pharmacy issues amid EHR rollout
Some lawmakers questioned whether the new EHR deployment at a facility in North Chicago, Ill., should go ahead as scheduled next month.
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.
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.
Blue Cross of Louisiana halts sale to Elevance
It’s the latest setback for the $2.5 billion deal, which was proposed early last year but has struggled to close amid a lack of buy-in from state regulators.
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.
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.
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.
Elevance lays off more employees
The health insurer has quietly laid off thousands of employees since September, according to sources.