CVS triples net income thanks to booming health plan profitability
“There’s not much more to say for CVS’ 2Q other than… wow,” one analyst commented. CVS also announced a new GLP-1 deal with Eli Lilly.
DeepHealth gets FDA nod for AI tool that reads ultrasounds, creates reports
DeepHealth’s tool automates lesion detection, characterization and reporting from breast ultrasound scans.
10 AnMed facilities remain closed a week after cyberattack
Facilities at the health system AnMed are still operating in a limited capacity as the nonprofit recovers from a cyberattack. Prolonged recovery times have become a problem in the industry, one expert said.
Sentara moves to end Anthem contracts in Virginia
Nearly 380,000 patients could go out of network with the health system if the commercial, Medicare and Medicaid contracts lapse.
HCA nabs 40 urgent care clinics in Texas acquisition
The hospital juggernaut is adding Texas MedClinic’s locations to its nationwide portfolio of urgent care clinics amid rising consumer demand for fast and convenient medical attention.
Complete Health to pay $14M to settle Medicare Advantage fraud allegations
The value-based primary care provider submitted false diagnosis codes to the CMS for three years, inflating its reimbursement by millions of dollars, according to the DOJ.
Hackensack Meridian Health first to earn Joint Commission’s responsible health AI certification
Private consortiums have been attempting to put guardrails around the use of AI as federal regulations lag. HMH has been refining its AI governance structure for years, its medical informatics chief said.
Medicare finalizes 2.3% hospital inpatient pay raise for 2027
Regulators also finalized the first nationwide, mandatory payment model to reduce the cost of joint replacements starting in 2028. Hospitals said the pay raise was inadequate, and chafed at the mandatory nature of the new model.
Hospitals say they’re feeling the pinch as more patients lose insurance
Half a year after major cuts to the Affordable Care Act exchanges went into effect, hospitals say more patients are going uninsured. That’s starting to drag their finances, for-profit hospitals say.
The unexpected upsides of vaccines
The COVID-19 pandemic heightened vaccine skepticism. Six years later, CVS’ chief medical officer talks about building trust with patients — and the surprising benefits of many vaccines.