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Strategy
New Federal Portal Urges Public to Report Healthcare Anticompetitive Practices
John Commins | April 18, 2024
HealthyCompetition.gov is the latest effort by federal regulators to monitor the ongoing consolidation of the healthcare sector.
Strategy
Santa Clara County asks state to intervene over closure of Regional Medical Center's trauma center
The Mercury News | April 18, 2024
HCA Healthcare says it plans to close the programs on Aug. 12.
Finance
PE-owned healthcare saw bankruptcy surge as playbook failed
Bloomberg | April 18, 2024
PE-backed firms accounted for at least 17, or about a fifth, of the 80 bankruptcies of health-care companies last year,...
Finance
Thomasville (AL) Medical Center faces foreclosure
The South Alabamian | April 18, 2024
The Thomasville Regional Medical Center faces foreclosure and could be sold at auction on May 9, unless a deal to...
Payer
Elevance Health reports $2.2B profit despite drop In Medicaid enrollment
Forbes | April 18, 2024
Elevance Health reported a first quarter profit of $2.2 billion as strong growth in sales of commercial health insurance and...
Finance
UnitedHealth's Q1 Financials Shrug Off Change Breach Debacle
John Commins | April 17, 2024
The mega-payer reports a $1.41 billion loss in the first quarter, but still surpasses analysts' expectations.
Pharma
Walgreens embarks on another round of layoffs
Chicago Tribune | April 17, 2024
Walgreens confirmed Tuesday a new round of layoffs, the latest in a string of job cuts over the past year...
Strategy
North Carolina backs FTC bid against $320M Novant-CHS deal
Reuters | April 17, 2024
North Carolina's state treasurer on Monday filed a 'friend of the court' brief urging a federal court in the Western...
Strategy
Warren, Markey call on Steward hospital landlords to cut or terminate lease payments
The Boston Globe | April 17, 2024
Senators say concession would allow new operators to acquire the hospitals.
Payer
Congress targets mergers in first hearing on Change Healthcare hack
Axios | April 17, 2024
During the first congressional hearing on the Change Healthcare hack Tuesday, lawmakers appeared to zero in on the risks of...
Strategy
Officials, patients press to save hospital trauma center in Bay Area's largest county
San Francisco Chronicle | April 16, 2024
Regional Medical Center of San Jose plans to shut its Level II trauma center on Aug. 12, citing a decline...
Payer
UnitedHealth takes $872M hit to profit from Change Healthcare hack
Reuters | April 16, 2024
UnitedHealth Group said Tuesday it was expecting to take a hit of up to $1.6 billion this year related to...
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