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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 […]

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 […]

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