CVS Health beat industry expectations by bringing in $2.3 billion in profit in the first quarter of this year, a slight increase over the $2.2 billion profit posted during the same time last year, according to an earnings report filed this week.
BOSTON – The metaverse, the virtual but very real convergence of technology trends, is going to change our lives as once the internet did, according to Cathy Hackl, chief metaverse officer, Futures Intelligence Group. The metaverse is the successor state to today’s internet. Think of it as Web 3.0, said Hackl, who, as an eight-year […]
Paxlovid, an oral COVID-19 antiviral produced by pharmaceutical manufacturer Pfizer, proved ineffective at preventing coronavirus infection among people living in the same house as an infected person, according to new data published by the company.
The American Hospital Association has joined the American Medical Association, AHIP and other healthcare organizations in drafting a letter to congressional leaders supporting a permanent extension of tax credits under the Affordable Care Act.
BOSTON – Telehealth must move forward to become not just a substitute for in-person care and a single service, but a “logistical structure” of the healthcare system, according to Roy Schoenberg, president and CEO of Amwell, a telemedicine company based in Boston.
The Supreme Court has voted to strike down Roe v. Wade, according to a draft opinion leaked to Politico. Justice Samuel Alito wrote the draft majority opinion arguing that abortion is not in the Constitution and should be left to states to decide. The Supreme Court is expected to issue its ruling in late June or […]
Hospital operating margins showed slight improvement from February to March, but year-over-year they’re still down almost 49%, marking the third straight month in which margins lagged – suggesting that hospitals still have a long road to travel before they recover financially from the worst of the COVID-19 pandemic.
Guidewell and Highmark Ventures led a $35 million funding round for Healthmap, a kidney population health management company, joining other investors such as Windrose, DCHP and Shulman Ventures, who contributed to previous funding rounds. GuideWell is the parent of Florida Blue and Triple-S Management, the Blue Cross Blue Shield plans of Florida and Puerto Rico, […]