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CVS Health might carry out layoffs as Portion of the reduction in expert services. Impacted employees would be notified in mid-November and terminated in the new calendar year, in accordance with the spokesperson.
Medicaid overtakes Medicare Edge as overall health insurers’ bogeyman in Q2 Regardless of worries in Medicaid and MA, key insurers nevertheless posted significant earnings in the next quarter — many served by well being products and services divisions.
Transparency will grow to be progressively essential this yr, especially for medical final decision help tools or algorithms that assist with statements appraisals, stated CB Insights’ Lennox-Miller.
Final month, CVS Well being claimed it could layoff two,900 workers amid a multibillion dollar cost conserving initiative. The corporation may be exploring breaking up its insurance policies and retail businesses, Based on media reports.
Steward and MPT advised the court on Aug. thirty They may be brokering a offer for MPT to choose above healthcare facility functions at a lot of Steward destinations in exchange with the “mutual release of all statements on secured lease obligations concerning them, including the launch of billions of pounds of promises held by MPT in opposition to Steward.”
Healthcare Dive caught up with industry professionals to share the very best healthcare trends of 2024. Go through more under:
In 2024, there may be much less hype and money flowing into your Place as developers water the seeds they planted last calendar year, claimed Vive’s Cheng.
The chance calculus could have presently improved for companies, since they facial area fines and damages from lawsuits soon after information breaches, she pointed out.
Excitement in regards to the probable for AI in healthcare achieved a fever pitch in 2023, especially for generative AI engineering, which might produce new content material like text or illustrations or photos.
On the other hand, the sale was considerably from a earn to the bankrupt doctor-owned community. Specifics from an incendiary letter penned by Steward CEO Ralph de la Torre, initially published with the Boston Globe on Wednesday, threatened to overshadow the offer closure fully.
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Software overload could Increase electronic health and fitness M&A Purchasers of digital health and fitness goods are overcome with issue solutions, which could accelerate merger and acquisition action in a very slowed funding setting, professionals say.
J&J drops 340B rebate system next federal government pressure Threatened with steep sanctions and getting rid of usage of Medicare and Medicaid, Johnson & Johnson is rolling again a strategy to offer hospitals just after-the-point rebates for medications during the 340B drug discount application.