In an earnings report released Wednesday, CVS Health dropped the news that Brian Kane, president of CVS subsidiary Aetna, will be departing the company, with CVS Health CEO Karen Lynch overseeing day-to-day operations of the health benefits segment along with Chief Financial Officer and Executive Vice President Tom Cowhey.

Steward Health Care plans to close two hospitals in Massachusetts by the end of the month, resulting in over 1,200 layoffs. Sales of its other 29 hospitals have been delayed and Steward’s CEO Ralph de la Torre has been subpoenaed to appear before a Senate subcommittee. WHY THIS MATTERS

Children’s Health Alliance, a network of pediatric providers, has partnered with Innovaccer to track 35 key quality measures and now uses over 100 proactive care gap lists, says Julie Harris, senior director of population health.

Physician enablement technology company and Medicare Advantage insurer Clover Health reported its first-ever quarterly earnings as a public company, posting net income of $7.2 million and an adjusted EBITDA of $36.2 million. Both are year-over-year improvements, when Clover took a net loss of $28.9 million and EBITDA was just $9.9 million.

Almost half of insured, working-age adults in the U.S. say they’ve received a medical bill, or copayment for a service, they expected to be covered by insurance. But despite the fact that one in five were denied coverage for a doctor-recommended service, few patients challenge these denied claims.

In a new initiative that blends quantum computing technologies and artificial intelligence with clinical applications, Cleveland Clinic and the Novo Nordisk Foundation have launched the Cleveland Clinic – Denmark: Quantum-AI Biomedical Frontiers Fellowship Program.

Tenet Healthcare Corp. is selling its 70% majority ownership interest in Brookwood Baptist Health in Birmingham, Alabama, for approximately $910 million to Orlando Health in Florida. The after-tax proceeds of the transaction are approximately $790 million.

CVS Health is spearheading an environmental health impact initiative meant to help people who are the most vulnerable to extreme weather events such as prolonged stretches of intense heat, which can worsen existing chronic conditions.

Uses include transporting lab samples, delivering prescription drugs and getting supplies to home health practitioners, says Keenan Wyrobek, cofounder and CTO of Zipline, an international drone delivery service.

Minnesota-based Mayo Clinic is joining forces with 3D imaging startup JelloX Biotech on artificial intelligence-powered imaging analysis technology. JelloX previously participated in the fifth cohort of the Mayo Clinic and Arizona State University Alliance for Health Care MedTech Accelerator, a flagship program providing early-stage medical device and healthcare technology companies with curriculum to accelerate their […]