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Kaiser Permanente’s consolidation plan relocates 1,200 employees
Health

Kaiser Permanente’s consolidation plan relocates 1,200 employees

Posted on: February 23, 2023

[ad_1] Kaiser Permanente is relocating 10% of its workforce, or about 1,200 employees, from its regional headquarters in Oakland, California, as part of a larger office consolidation plan, […]

Amazon CEO Andy Jassy touts One Medical deal on home page
Health

Amazon CEO Andy Jassy touts One Medical deal on home page

Posted on: February 23, 2023

[ad_1] Amazon didn’t hestitate to fire up its marketing machine to promote the $3.9 billion acquisition of primary care provider One Medical. Minutes after announcing it had closed […]

Humana will exit employer insurance market
Health

Humana will exit employer insurance market

Posted on: February 23, 2023

[ad_1] Humana will leave the commercial health insurance market and focus its efforts on government-sponsored products such as Medicare Advantage, the company announced Thursday. The insurer will phase […]

Teladoc Health posts $13.6B loss in 2022 due to Livongo merger
Health

Teladoc Health posts $13.6B loss in 2022 due to Livongo merger

Posted on: February 23, 2023

[ad_1] Teladoc Health posted a $13.6 billion loss in 2022, largely attributed to charges tied to its 2020 acquisition of Livongo for $18 billion.  The annual loss reported Wednesday, which […]

Trinity Health’s MercyOne to merge with Genesis Health next week
Health

Trinity Health’s MercyOne to merge with Genesis Health next week

Posted on: February 22, 2023

[ad_1] Trinity Health’s MercyOne and Genesis Health System are expected to close a merger next week, according to a source familiar with the transaction. MercyOne, a West Des […]

Outcome Health fraud trial: Star witness Ashik Desai testifies
Health

Outcome Health fraud trial: Star witness Ashik Desai testifies

Posted on: February 22, 2023

[ad_1] Not a Modern Healthcare subscriber? Sign up today. This week, they’re all in a Chicago courtroom. Shah, Agarwal and Desai’s former boss, Brad Purdy, are charged with […]

Ex-Cigna exec blocked from CVS job in anti-poaching lawsuit
Health

Ex-Cigna exec blocked from CVS job in anti-poaching lawsuit

Posted on: February 22, 2023

[ad_1] A federal judge has temporarily forbidden a former Cigna executive from taking a position at CVS Health as part of an anti-poaching lawsuit. CVS Health hired Amy […]

Health system payroll expenses jump almost 10%: SullivanCotter
Health

Health system payroll expenses jump almost 10%: SullivanCotter

Posted on: February 22, 2023

[ad_1] Payroll expenses at health systems nationwide increased by nearly 10% last year, highlighting continued issues with wage inflation and increased competition to recruit full-time employees.  The number […]

Amazon-One Medical deal closes | Modern Healthcare
Health

Amazon-One Medical deal closes | Modern Healthcare

Posted on: February 22, 2023

[ad_1] Amazon has closed its $3.9 billion acquisition of primary care company One Medical, the tech giant said Wednesday.  The announcement comes after multiple news outlets reported late Tuesday […]

UnitedHealth-LHC Group deal closes for $5.4B
Health

UnitedHealth-LHC Group deal closes for $5.4B

Posted on: February 22, 2023

[ad_1] UnitedHealth Group has closed its $5.4 billion acquisition LHC Group, the home health and hospice provider notified the Securities and Exchange Commission on Wednesday. “As demand for […]

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