CVS will open HealthHUBs in Boston, Dallas-Forth Worth, Florida, Maryland, North Carolina, Ohio and Virginia in the first half of 2020. CVS will also open a handful of HealthHUBs in Hartford, New York City and in Washington, D.C. HealthHUBs are key to CVS’s vision for its $70 billion acquisition of health insurer Aetna.
As dozens of layoffs loom at CarePoint Health, state’s largest healthcare union questions whether stricter state monitoring could have prevented them. A trio of for-profit hospitals in Hudson County is again facing criticism for its financial operations, this time from New Jersey’s largest healthcare union, which has raised a red flag over the likelihood of dozens of layoffs.
Shares of DaVita Inc. bounced 4.3% in afternoon trading Wednesday, after President Trump signed an executive order on kidney disease, aimed at cutting costs of dialysis treatments. The stock had tumbled 9.8% over the past two sessions in anticipation of the executive order.
Amazon.com Inc.’s push into distribution of health-care supplies and equipment has lost momentum, according to a survey by UBS Group AG. Hospital purchasing managers say they are buying fewer medical supplies from Amazon compared to last year, while increasing their purchases of office supplies from the online retailer, UBS analyst Kevin Caliendo wrote in a research note on Monday.
Cardinal Health Inc.’s Chief Financial Officer Jorge Gomez will step down next month to take on the finance chief role at Dentsply Sirona Inc. Mr. Gomez’s departure, effective Aug. 9, isn’t related to “financial performance, policy or control issues or any disagreements on accounting or financial reporting matters,” Cardinal Health said in a filing.
Methodist Le Bonheur Healthcare, the largest hospital system in Memphis, Tenn., said it has suspended "court collection activities" over unpaid medical bills — just days after an investigation by MLK50 and ProPublica (which also appeared on NPR) detailed its relentless pursuit of debts held by poor people and even its own employees.