While it may be a few years before the healthcare industry can study the effects of Amazon, Berkshire Hathaway and JPMorgan Chase's joint healthcare venture on the industry, Bloomberg columnist Max Nisen claims key industry players should be more concerned…
Payer
The American Medical Association called on the Department of Justice Aug. 8 to sue to block CVS Health's proposed $69 billion acquisition of Aetna.
Molina Healthcare saw its finances turn around in the three months ended June 30, after the health insurer recorded a $230 million net loss in the second quarter of fiscal year 2017.
Cigna's board of directors called out activist investor Carl Icahn for publicly opposing the company's proposed $54 billion takeover of Express Scripts, urging shareholders to support the deal in an Aug. 7 letter.
In its attempt to purchase health insurer Aetna for $69 billion, CVS Health has effectively dodged one antitrust hurdle because regulators don't see competitive problems from joining two companies that operate at different levels of the supply chain, according to Bloomberg.
Advertisement
Bronx, N.Y.-based Montefiore Health System may no longer be a part of Aetna's provider network if the organizations can't resolve a contract dispute before a Sept. 8 deadline, according to The Journal News/lohud.
Blue Cross and Blue Shield members in the health insurer's Blue365 wellness program can purchase Fitbits at a reduced cost under a new partnership announced Aug. 7.
Pittsburgh-based UPMC and Aetna inked a new agreement to ensure the health insurer's commercial and Medicare Advantage members will remain in network with UPMC facilities and physicians, the companies said Aug. 2.
In 2006, 11.4 percent of private-sector employees were enrolled in a high-deductible health plan. That percentage rose to 46.5 percent in 2016, according to a recent study published in Health Affairs.
Humana CEO and President Bruce Broussard is joining former President Barack Obama as a recipient of the 2018 Ripple of Hope Award from the Robert F. Kennedy Human Rights organization.