Plus, Rite Aid emerges from bankruptcy

This Week

Sep 14, 2024
 

Featured

AMA study: The 4 largest PBMs control 70% of the market nationally

The four largest pharmacy benefit managers in the United States control 70% of the national market, according to new data from the American Medical Association.
 

Top Stories

Biden admin mandates mental health parity in final rule; critics foreshadow legal challenge

The feds are attempting to better regulate mental health coverage by bolstering protections around prior authorization, step therapy and provider networks.

Rite Aid emerges from bankruptcy with $2.5B in exit financing and a new CEO at the helm

Retail pharmacy chain Rite Aid has emerged out of bankruptcy after slashing about $2 billion from its debt, the company announced last week.

Amy Abernethy teams with former Verily exec to improve data-driven clinical research

Amy Abernethy left Verily earlier this year as its chief medical officer and has now teamed up with a long-time colleague to launch an initiative that takes a new approach to modernizing clinical research.

Optum Rx to pull Humira from some of its preferred formularies: report

UnitedHealth Group's Optum Rx will join its peers in the big three pharmacy benefit managers by pulling Humira from some of its preferred formularies, according to a report from Reuters.

UVA pushes back on faculty's no-confidence letter naming system CEO, med school dean

Over 100 anonymous faculty called for "the immediate removal" of UVA Health CEO Craig Kent, M.D., and UVA School of Medicine Dean Melina Kibbe, M.D. The university's president was skeptical but said an investigation of the claims will go forward before he takes any action.

Habitat Health secures $50M, plans to open first PACE center with Kaiser Permanente next year

Habitat Health, an organization founded last year to provide care support to older adults at home, secured $50 million in capital from investors Town Hall Ventures, New Enterprise Associates and Kaiser Permanente.

Salesforce rolls out new AI solutions, resources tailored to healthcare sector

Salesforce's new patient and member services AI tool, which can be found in the AI use case library, will help accelerate time to care with pre-visit recaps, AI-generated prescriptions and benefits summaries.

Gridlock over Schedule 2 telehealth prescribing could impede extension of pandemic-era flexibilities

Stakeholders that support the prescription of all controlled substances via telehealth are fighting an uphill battle to get the pandemic-era prescribing flexibilities extended.

Elevance Health to acquire IU Health Plans

Elevance Health has entered into a deal to acquire Indiana University Health Plans, the company's Anthem Blue Cross unit announced this week.
 
Fierce podcasts

Don’t miss an episode

A look at the evolving needs of practice management

In this week's episode of "Podnosis," we look at how practice management companies are meeting the evolving needs of healthcare providers.
 

Resources

Whitepaper

Optimizing Surgical Operations Essential to Long Term Hospital Profitability

"Discover key strategies to enhance surgical operations, improve efficiency, and boost profitability in our latest white paper designed for healthcare leaders."
Whitepaper

D’Andra D. Bingham, MD, Brings Fun Back into Clinic Days with NextGen Ambient Assist

“I think NextGen Ambient Assist will keep people practicing medicine for a lot longer. It makes it all so much simpler,” said Dr. D’Andra D. Bingham.
 
 

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