The Department of Health and Human Services has reached an agreement with Pfizer to extend patient access to Paxlovid, which is authorized for the treatment of mild-to-moderate COVID-19 in adults and pediatric patients. The drug is targeted at patients 12 years old and older who are at high risk for progression to severe COVID-19, including […]
CVS Health has announced several leadership updates as Executive Vice President, CFO and President of Health Services Shawn Guertin taking a leave of absence from his role due to what the company said were unforeseen family health reasons. Senior Vice President of Corporate Finance Tom Cowhey has been appointed interim CFO. CEO of Oak Street […]
Sign language interpreters can prep providers prior to appointments on cultural differences that impact health equity, says Kathryn Jackson, VP of language operations at AMN Healthcare.
Rite Aid Corporation has filed for Chapter 11 bankruptcy and has received a commitment for $3.45 billion in new financing to implement a financial restructuring plan. The plan would significantly reduce the company’s debt, Rite Aid said, including the more than 1,600 opioid lawsuits that have been a drain on its resources.
St. Luke’s, based in Duluth, Minnesota, and Aspirus Health, based in Wausau, Wisconsin, have taken a step closer to merging by signing a definitive agreement to create a formal affiliation, which would result in a new 19-hospital health system. The proposed affiliation intends to expand rural access to healthcare and advance quality of care for […]
Dr. Ben Zaniello, chief medical officer of PointClickCare, explains three pathways to consider to achieve whole person care and shares his personal experiences engaging SDOH on post-acute care coordination.
Kaiser Foundation Health Plan, run by Kaiser Permanente, and the California Department of Managed Health Care (DMHC) have reached a $200 million settlement agreement to make significant changes to the plan’s delivery of behavioral healthcare services. The settlement agreement includes a $50 million fine and requires Kaiser Permanente to take corrective action to address deficiencies […]
Hospitals and health systems have been under extreme financial pressure since 2022, when median operating margins remained in negative territory for the full year. And while the picture has improved somewhat this year, these challenges spurred about a third of the hospital and health system merger and acquisition activity in the third quarter.
Essential hospitals – more than 300 of the nation’s largest safety net providers and about 5% of all U.S. acute-care hospitals – provided more than a quarter of all charity care nationally in 2021, but charity and other uncompensated care left these hospitals in the red, according to a new report from America’s Essential Hospitals. […]
Kaiser Permanente labor unions representing 85,000 healthcare workers reached a tentative agreement with the health system Friday across seven states and the District of Columbia. Both sides credited Acting Secretary of Labor Julie A. Su in reaching an agreement. Su was there in person for the deal reached in San Francisco. WHY THIS MATTERS