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Rural hospitals cut maternity, oncology care due financial strain
Health

Rural hospitals cut maternity, oncology care due financial strain

Posted on: February 8, 2023

[ad_1] Community Medical Center had been delivering babies in Falls City, Nebraska, for more than a century until it shut down its obstetrics unit in November 2019. Annual […]

CVS Health to buy Oak Street Health in $10.6B deal
Health

CVS Health to buy Oak Street Health in $10.6B deal

Posted on: February 8, 2023

[ad_1] CVS Health will buy Chicago-based primary care provider Oak Street Health in a deal valued at $10.6 billion, the healthcare pharmacy said Wednesday. Woonsocket, Rhode Island-based CVS […]

Biden’s State of the Union speech to address healthcare initiatives
Health

Biden’s State of the Union speech to address healthcare initiatives

Posted on: February 8, 2023

[ad_1] President Joe Biden will use his second State of the Union address Tuesday night to announce policies that expand upon existing mental health strategies for patients and […]

Encompass Health profits plummet in uneven 2022
Health

Encompass Health profits plummet in uneven 2022

Posted on: February 7, 2023

[ad_1] Encompass Health saw profits plummet nearly 30% last year as it dealt with the rising labor costs and inflation besetting the healthcare sector, the inpatient rehabilitation provider […]

No Surprises Act lawsuit: Texas judge tosses part of arbitration rule
Health

No Surprises Act lawsuit: Texas judge tosses part of arbitration rule

Posted on: February 7, 2023

[ad_1] The surprise billing arbitration process unjustly favors insurers, a Texas federal judge ruled Monday, dealing the latest blow to the heavily litigated No Surprises Act. Judge Jeremy […]

Centene expects to lose 2.2M Medicaid members in 2023
Health

Centene expects to lose 2.2M Medicaid members in 2023

Posted on: February 7, 2023

[ad_1] Centene expects to lose an estimated 2.2 million Medicaid members during the redetermination process over the next 18 months, which would significantly dial back the insurer’s pandemic-era growth.   […]

CVS Health-Oak Street deal report spurs stock rise
Health

CVS Health-Oak Street deal report spurs stock rise

Posted on: February 7, 2023

[ad_1] Oak Street Health shares soared 33.2% to $34.56 at market open Tuesday following a report that pharmacy giant CVS Health is nearing an acquisition of the primary […]

MSU Health Care establishes virtual physical therapy program
Health

MSU Health Care establishes virtual physical therapy program

Posted on: February 7, 2023

[ad_1] Amid financial challenges, health systems are finding reasons to invest in virtual musculoskeletal services after the Centers for Medicare and Medicaid Services introduced remote therapeutic monitoring billing codes […]

Pitchbook: Healthcare private equity deals rebounded in 2022
Health

Pitchbook: Healthcare private equity deals rebounded in 2022

Posted on: February 6, 2023

[ad_1] Private equity firms had one of their strongest years yet for healthcare services deal activity in 2022, according to an analysis PitchBook published Monday. An estimated 863 […]

Tallahassee Memorial resumes some functions after alleged cyberattack
Health

Tallahassee Memorial resumes some functions after alleged cyberattack

Posted on: February 6, 2023

[ad_1] TALLAHASSEE, Fla. — A major regional hospital system based in northern Florida resumed seeing patients at its clinical practices on Monday, days after a security problem forced […]

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