CVS Health Bids Goodbye to Vertical Integration But Not Conflict of Interest
CVS Health plans to split into two companies by 2028, but experts say the move may not resolve conflicts of interest between its insurance and PBM businesses.
CVS Health plans to split into two companies by 2028, but experts say the move may not resolve conflicts of interest between its insurance and PBM businesses.
Three health systems — Mount Sinai, Michigan Medicine and the University of Kansas Health System — are suing CVS Health, alleging its pharmacy benefit manager diverted roughly $250 million in savings from the 340B program through “spread pricing” between 2020 and 2025.
A Massachusetts regulator is warning that CVS and Mass General Brigham’s proposed MinuteClinic partnership could drive up healthcare spending by at least $40 million annually, largely through steering patients into a higher-priced system. Experts said the deal might improve convenience for some patients but is unlikely to meaningfully expand access — and could ultimately strengthen market power and push costs even higher.
Google Cloud is partnering with healthcare organizations including CVS Health, Humana, Highmark Health, Quest Diagnostics and Waystar to deploy agentic AI tools across patient engagement, clinical workflows and revenue cycle management
Behavioral health needs a clearer definition of quality care, which may require policy action, according to Dr. Taft Parsons of CVS Health.
At DiMe’s Healthcare 2030 Summit, four healthcare leaders shared the innovations they believe could most improve care, from AI-driven solutions to reduce medical errors to stronger primary care relationships that could save billions.
June has seen a slew of executive hires, promotions, exits and layoffs across the healthcare sector. For example, CVS Health and HCA Healthcare welcomed new executives, and Ascension and Optum Health announced that their CEOs are departing. There were also layoffs at organizations including Providence, UCSF Health and Vanderbilt University Medical Center.