Mass General Brigham to conduct largest layoffs in its history
MGB said the layoffs are necessary to get ahead of an anticipated budget shortfall of $250 million over the next two years.
Walgreens offloads more Cencora shares
The sale netted about $300 million for Walgreens and shrinks the company’s stake in Cencora to approximately 6%, down from 10%.
Alphabet’s Verily to sell stop-loss insurance unit to Elevance
The deal could signal that Elevance wants to build out its commercial products to hedge against volatility in Medicaid and privatized Medicare plans.
Crozer Health placed into receivership after proposed deal collapses
Bankrupt Prospect Medical Holdings scuttled a deal to sell Crozer Health but secured $20 million in funding from regulators to keep Crozer’s operations afloat for one more month.
GoodRx names new CFO
Christopher McGinnis is taking the reins as finance chief weeks after the prescription price transparency company also appointed a new CEO.
AHA joins call for Trump to exempt devices from import tariffs
Disruption to the supply of devices from China would curtail hospitals’ ability to perform life-saving surgeries and protect patients and healthcare workers from contagion, the group warned.
Elon Musk’s DOGE gains access to CMS
The CMS said it’s working to find “opportunities for more effective and efficient use of resources in line with meeting the goals of President Trump.” The agency could be a big — and politically delicate — target for DOGE.
Why health systems should be ‘clear-eyed’ about business goals for AI tools
Caroline Pearson, executive director of the Peterson Health Technology Institute, discusses the institute’s new task force that aims to study the financial, efficiency and workforce effects of AI products.
New contract wins ding Molina’s earnings outlook for 2025
Medicaid and dual-eligible contracts fuel growth for the California-based insurer, but also come with upfront implementation costs that will lower its earnings this year, executives said.
Providers sue Trump over gender-affirming care policies, purge of health information
Doctors groups signed on to lawsuits seeking to overturn policies that limit gender-affirming care for minors and remove some public-facing health information.