General Catalyst’s HATCo to acquire Summa Health for $485 million
The deal, along with the Ohio-based health system’s current cash, would eliminate nearly all of Summa’s debt.
Cigna confirms it is not pursuing Humana acquisition
The flat-out denial comes after Cigna CEO David Cordani tried to throw cold water on persistent speculation of a Humana merger earlier this fall.
Private equity dealmaking in healthcare services falls again in Q3: PitchBook
Still, PitchBook analysts said the PE market is poised for a turnaround.
MedPAC backs tying physician pay to inflation, but ducks specifics
During a meeting Thursday, commissioners debated different solutions to lackluster physician pay with one theme in common: linking doctors’ annual payment update to the Medicare Economic Index.
Ascension Michigan settles multi-year dispute about employee vaccination policy
The health system will offer up to five weeks of back pay to staff that were denied religious exemptions for COVID-19 vaccine mandates.
HHS settles 2 ransomware investigations as attacks rise
The settlements mark the sixth and seventh healthcare ransomware enforcement actions from regulators.
How the healthcare industry is reacting to a second Trump term
Donald Trump’s first term as president was characterized by significant turbulence for government healthcare programs. Here’s how some of the most influential industry groups responded to the Republican’s reelection.
CVS appoints new Aetna head following mixed third-quarter results
This year has been defined by an unsuccessful fight against elevated medical costs for CVS. The third quarter was no different.
Telehealth company Cerebral to pay nearly $3.7M over prescribing practices
Regulators allege the online mental health company attempted to increase prescriptions of drugs like Adderall to boost revenue.
Few state Medicaid programs cover GLP-1s for obesity: KFF
Still, gross spending on the drugs increased by more than 500% from 2019 to 2023, according to the health policy research firm.