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CVS Health logged strong earnings and revenue performance during the third quarter, hitting $2.3 billion in profit, the company said this week. Total revenues increased to $89.8 billion, for the quarter and $264 billion for the year, up 10.6% compared to the prior year. Generated cash flow from operations reached $16.1 billion over that time.

CVS Health Ventures, Kaiser Permanente Ventures and Mayo Clinic are among the healthcare organizations investing $30 million in Abridge’s latest funding round. The Series B funding was led by Spark Capital and also included existing investor Bessemer Venture Partners as well as SCAN Group, Lifepoint Health, UC Investments (University of California) and the American College […]

In a final rule, the Centers for Medicare and Medicaid Services is increasing the end-stage renal disease (ESRD) prospective payment system (PPS) base rate to $271.02, increasing total payments to ESRD facilities by about 2.1% in an update to payment rates and policies regarding renal dialysis services furnished to Medicare beneficiaries on or after January […]

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