Ascension Saint Thomas and Lifepoint Health have announced a venture to jointly own Lifepoint’s Highpoint Health System in Northern Middle Tennessee. The hospitals and sites of care included in the joint venture will be co-branded with Ascension Saint Thomas and will be majority-owned and operated by Lifepoint Health.
Encryption provides verification of data to keep it HIPAA compliant and available only to authorized users, says Dan Draper, founder and CEO of CipherStash.
Two Missouri health systems, St. Louis-based BJC Healthcare and Kansas City-based St. Luke’s Health System, have reached a definitive agreement to merge after satisfying regulatory reviews, the systems said. The providers did not disclose the finances of the deal, but estimated that the combined entity would boast about $10 billion in revenue from the 28 […]
UnitedHealthcare is setting 2024 Medicare Advantage enrollments below market forecasts. UnitedHealthcare, the largest health insurer in the United States, set its 2024 MA enrollment predictions for less than 8.1 million next year, UnitedHealth Group said in its Investor Conference 2023.
Walgreens has announced the launch of its new Rx Savings Finder, a digital tool designed to help customers save money on prescription medications, with Chief Pharmacy Officer Rick Gates framing the move as partly a response to inflation. Rx Savings Finder finds free, third-party discount cards, providing patients with a more streamlined way to find […]
SMC achieved the Stage 6 HIMSS Adoption Model for Analytics Maturity, according to Dr. Han Deok-Hyun, vice CMIO of the Office of Digital Transformation.
St. Luke’s Health System of Idaho and its health plan have partnered with TytoCare for virtual primary care at home. TytoCare’s Home Smart Clinic devices and kits will be made available to St. Luke’s employees and St. Luke’s Health Plan members beginning in 2024. These virtual visits will be covered with a $0 copay. St. […]
In a strategic alliance, Mark Cuban Cost Plus Drug Company said it would be teaming with pricing technology company Expion Health in an effort to address the rising costs of specialty drugs. The idea is that the pricing capabilities of Cost Plus drugs will be integrated into Expion’s product suite. Expion Health CEO Karin Humphrey […]
Major insurers Humana and Cigna are exploring a possible merger that could exceed $60 billion in value, and would create a company worth about $140 billion based on each companies’ respective market value as of Wednesday morning.
Escalating reimbursement delays and declining cash reserves are placing hospitals and health systems across the nation in a precarious financial predicament, according to data from Syntellis Performance Solutions’ analysis of 1,300 hospitals.