Healthcare Moves: A Monthly Summary of Hires and Layoffs
Here is a selection of recent executive hires, exits, promotions and layoffs occurring across the healthcare industry.
Retail Clinics Are Gaining Momentum As They Vie for Their Piece of the Primary Care Pie
Retail clinic claims volumes have shot up by 200% in the past five years, according to a new report. The research argued that retailers are beginning to seriously compete with the traditional healthcare system when it comes to the primary care market — growth in retail clinic claims have greatly outpaced claims growth for urgent care centers, emergency departments and physician practices.
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
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.
Abortion Pill Access in 2023: A Timeline
Mifepristone and misoprostol, two pills that are taken together to terminate a pregnancy, have been approved by the FDA since 2000. But access to these drugs have been in serious jeopardy this year, and a federal judge in Texas recently ruled to suspend the FDA's decadeslong approval of mifepristone. The final outcome for abortion pill access in the U.S. is still unclear among confliction federal rulings — the issue will likely end up in the Supreme Court.
Which Moves Should Providers Watch From Amazon, CVS & Walgreens This Year?
Analysts predict that disruptors could own as much as 30% of the $260 billion primary care market by 2030. A recent report from the American Hospital Association outlines major moves the healthcare industry should be watching this year from disruptors like Amazon, CVS and Walgreens — from billion-dollar acquisitions of primary care companies to expanding clinic locations to efforts in the home care space.
What Excites and Concerns VillageMD’s CEO About the Future of Healthcare
Tim Barry, CEO of VillageMD, is encouraged by the shift he's seeing to value-based care, but is worried that new technologies could create a fragmented system. He made these comments after the value-based company announced Thursday that it completed its $8.9 billion acquisition of Summit Health-City MD.
Evernorth Exec: Healthcare Access Will Be the Greatest Problem for Consumers and Employers
To combat this issue, Joan Harvey of Evernorth stressed the importance of an omnichannel care model that leverages both in-person and virtual care. She made these comments at the HLTH conference in Las Vegas.
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A Personalized Approach to Medication Nonadherence
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.
Walgreens Expands Presence In Primary Care Through VillageMD’s $8.9B Purchase of Summit Health
The combined organization will have more than 680 provider locations in 26 markets. With CVS Health and Amazon both making major acquisitions, the Summit Health deal was both offensive and defensive for Walgreens, one expert said.
Trends that will Shape Healthcare in 2023: Hospital Closures, Scaling Retail Clinics & More
Consumer research firm Forrester recently predicted major trends that would shape healthcare in 2023. Healthcare stakeholders should prepare for key changes, such as care becoming even more inaccessible for rural patients and additional retail entrants into the clinic space.
CVS, Walgreens Will Pay $10 Billion Total To Settle Opioid-Related Lawsuits
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
WELL by HLTH program builds on consumerization of healthcare trend
Among the topics of discussion at the event within the HLTH conference are: making the future of food and nutrition accessible and sustainable, managing and monitoring sleep health, and destigmatizing sexual health and wellness. Register today!
Maximize Revenue and Patient Care with Strategic Weight Loss Management
We will highlight Build My Health's revenue practice management tools, which could help physician practices add up to $250,000 to their practices.
The omnichannel strategy of retail health
Retail pharmacy chains and Amazon are transforming themselves into omnichannel healthcare providers, developing primary care services and virtual tools through acquisitions, partnerships and investments.
Walgreens Health taps Claim.MD to streamline claims submission process
Claim.MD is an electronic data interchange clearinghouse that helps reduce claims denials and improve cash flow. By working with the company, Walgreens has been able to make its reimbursement process more efficient and grow its business.
Ohio’s $650 million opioid ruling against major pharmacies may spook pharmacists
"This decision sends pharmacists a dangerous message: you're expected to overrule doctors - and not doing so can be costly."
Jury rules pharmacy chains liable in landmark opioid trial
A federal jury found pharmacy chains CVS, Walgreens and Walmart helped fuel the opioid epidemic in two Ohio counties. It’s the first trial pharmacy chains have faced related to the opioid crisis, though several other lawsuits have been filed.
Walgreens bets all its chips on a new healthcare strategy. Will patients buy in?
The company launched a new health division, and has doubled down on its plans to open primary care clinics with VillageMD. It faces big competitors in CVS and Walmart, and it’ll take time to see if its new strategy pays off.