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Advocate Health records first profit post-merger
Health

Advocate Health records first profit post-merger

Posted on: May 31, 2023

[ad_1] Advocate Health’s first full quarter was a profitable one, as the newly combined system achieved a positive, albeit razor-thin, operating margin at 0.1%. Charlotte, North Carolina-based Advocate, […]

Highmark Health net income jumps 250% on capital market rebound
Health

Highmark Health net income jumps 250% on capital market rebound

Posted on: May 31, 2023

[ad_1] A rebound in the capital markets drove up Highmark Health’s net income by more than 250% during the first quarter, the nonprofit health system reported Wednesday. The […]

Oak Street Health to open in Arkansas, Iowa, Kansas and Virginia
Health

Oak Street Health to open in Arkansas, Iowa, Kansas and Virginia

Posted on: May 31, 2023

[ad_1] Oak Street Health will open primary care centers in four more states this year, the CVS Health division announced Wednesday. Chicago-based Oak Street Health will open clinics […]

Kaiser Permanente invests $10M in Denver Health
Health

Kaiser Permanente invests $10M in Denver Health

Posted on: May 31, 2023

[ad_1] Kaiser Permanente will invest $10 million in a Colorado safety-net hospital, the latest example of large health systems partnering with smaller organizations struggling to manage rising expenses. The Oakland, […]

CVS Health Ventures helps Strive Health raise $166M
Health

CVS Health Ventures helps Strive Health raise $166M

Posted on: May 31, 2023

[ad_1] Strive Health, a digital health company focused on kidney care, closed a $166 million Series C funding round on Wednesday. The round was led by venture capital […]

Connecticut’s free insurance broker training targets health equity
Health

Connecticut’s free insurance broker training targets health equity

Posted on: May 31, 2023

[ad_1] Connecticut is attempting a novel strategy to address health disparities among racial and ethnic minority populations: Teaching people from those communities to become health insurance agents and […]

Medicaid redeterminations shouldn’t be rushed: CMS official
Health

Medicaid redeterminations shouldn’t be rushed: CMS official

Posted on: May 30, 2023

[ad_1] States must take better care not to expel eligible Medicaid enrollees from the program during the redeterminations process, a senior Centers for Medicare and Medicaid Services official […]

OptumRX unveils rural pharmacy programs amid PBM crackdown
Health

OptumRX unveils rural pharmacy programs amid PBM crackdown

Posted on: May 30, 2023

[ad_1] OptumRx launched initiatives designed to expand the services available at community and rural pharmacies amid a looming legislative crackdown on pharmacy benefit managers’ business practices.  The PBM, […]

Takeaways from Modern Healthcare’s digital health summit
Health

Takeaways from Modern Healthcare’s digital health summit

Posted on: May 30, 2023

[ad_1] The healthcare industry is ready to adopt new technology and shift to consumerism but is skeptical of the changes without governance and guardrails.  Digital health leaders at […]

Bias complaints from hospital employees indicate culture shift
Health

Bias complaints from hospital employees indicate culture shift

Posted on: May 30, 2023

[ad_1] A growing number of Highmark Health employees is submitting complaints about workplace bias, which the head of the company’s diversity, equity and inclusion programs sees as good […]

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