Whether it was Amazon's buy of One Medical or CVS Health's acquisition of Signify Health, retailers made waves in healthcare this year. Across all of the deals, it's clear that expanding access to medical services is the key goal, experts said. And this is only the beginning.
Healthcare organizations need to have clear and specific goals in order to make real change in reducing health disparities, executives from SCAN Health Plan and CVS Health said. The insurer is tackling medication adherence in Hispanic members and flu vaccination rates in Black members, while the retailer is taking on women's health, heart health and mental health.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Requiring that PBMs bid on a per member per month guarantee would reduce the employer’s uncertainty by securing the actual per member per month cost to the employer.
The settlement terms are still being negotiated and the final settlement depends on the number of states, counties, and Native American tribes that agree to join
Walgreens Boots Alliance recently announced it will acquire its remaining 45% stake in home care company CareCentrix for $392 million. The news follows CVS Health's plans to acquire Signify Health. While retailers could prove beneficial to home health, it's too early to tell, experts said.
Among CVS Health's adult members, there was a 34.1% decrease in suicide attempts in 2022, compared to 2019. However, there was a 32% increase among adolescents, largely due to challenges from Covid-19. In response, CVS Health is expanding its resources with new initiatives that focus on adolescents.
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Retail pharmacy chains and Amazon are transforming themselves into omnichannel healthcare providers, developing primary care services and virtual tools through acquisitions, partnerships and investments.
CVS Health reportedly beat out other big names, including Amazon and UnitedHealth Group. Signify Health has a network of more than 10,000 clinicians in all 50 states and a nationwide value-based provider network.
Through the project, 142 rental homes will be renovated and eight new ones will be built. A childcare center will also be created to help alleviate the childcare desert in the area. CVS Health is the latest in healthcare companies to make major investments in social determinants of health.
An expert industry observer said CVS Health's move into primary care is both offensive and defensive, but perhaps more importantly a natural evolution of a company with such a large healthcare footprint.
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
While 92% of consumers said virtual care adds convenience when choosing a primary care provider, those accessing virtual mental healthcare had different responses to how convenient/private it was based on age and race, CVS Health data showed.
Hear from healthcare executives such as CVS Kidney Care President Lisa Rometty, Komodo Health CEO Dr. Arif Nathoo, and McKesson Ventures Partner Michelle Snyder on how they're thinking about digital transformation in healthcare in a series of interviews at ViVE.
With footprints in local communities across the country, retailers have the food, the medicine, the pharmacist and now even the access to local and convenient care consumers need.
CVS MinuteClinic providers will use Medable’s software platform to improve patient access, engagement and retention during clinical trials. Meanwhile, Thermo Fisher Scientific and Medidata Acorn AI announced a collaboration to develop an application that combines patient recruitment and site performance data for clinical trials.
At its first investor day since the start of the pandemic, CVS Health detailed plans to open primary care centers and integrate them with its other health services. At the same time, CVS plans to close 900 stores as it focuses on this new strategy.