Plus, Kaiser Permanente posts $608M operating loss in Q3

This Week

Nov 16, 2024

Primary care player Forward shutters after raising $400M, rolling out CarePods


Amid Trump victory, women's health providers see flood of orders for contraception, abortion pills


Kaiser Permanente looks to slash costs as 'industry headwinds' bring $608M operating loss in Q3


Why Oscar Health co-founder Mario Schlosser is bullish on ICHRA


Digital unicorn Lyra Health lays off 2% of workforce amid restructuring, impacting non-clinicians - Paige Minemyer

 

Featured

Primary care player Forward shutters after raising $400M, rolling out CarePods

Primary care player Forward is abruptly shutting down its operations, closing its locations and canceling scheduled visits, the company publicly announced Wednesday.
 

Top Stories

Amid Trump victory, women's health providers see flood of orders for contraception, abortion pills

Though women's health providers also saw a jump in sales following the overturning of Roe v. Wade, many say the latest surge exceeds previous numbers.

Kaiser Permanente looks to slash costs as 'industry headwinds' bring $608M operating loss in Q3

The company said the loss was influenced by higher-than-anticipated patient volumes and cost, borne by the whole industry, and system-specific hardships like a late Medicaid true-up and facility costs.

Why Oscar Health co-founder Mario Schlosser is bullish on ICHRA

LAS VEGAS—In response to rising costs, some in the industry have been beating the drum for individual coverage health reimbursement arrangements, or ICHRA.

Digital unicorn Lyra Health lays off 2% of workforce amid restructuring, impacting non-clinicians

The layoffs affected 77 people, according to a former employee who was part of the cuts and spoke on the condition of anonymity. At least some of the employees received severance for 12 weeks with health benefits. A company spokesperson did not confirm or deny these details.

Astrana plots to expand its footprint with $745M deal for Prospect Health businesses

Healthcare company Astrana Health plans to acquire certain businesses and assets of Prospect Health System in a $745 million deal to expand its provider care network.

Cardinal Health inks two deals worth $3.9B to expand diabetes, gastroenterology businesses

Cardinal Health plans to buy two companies that will expand its diabetes and gastroenterology businesses as part of an overall strategy to grow its footprint in specialty medicine.

Trump picks Robert F. Kennedy Jr. to lead Department of Health and Human Services

Trump announced his pick for HHS, Robert F. Kennedy Jr., on Thursday on social media platform Truth Social.

DOJ sues to block UnitedHealth's $3.3B acquisition of Amedisys

The Department of Justice filed suit Tuesday to block UnitedHealth's $3.3 billion acquisition of home health company Amedisys, arguing that the deal would stifle competition in this space.

Major payers saw mixed results in Q3. Here's a look at how each fared

The third quarter of 2023 was another mixed bag for major insurers as they continue to grapple with significant headwinds.
 
Fierce podcasts

Don’t miss an episode

Closing gaps in clinical trial infrastructure 

In this week’s episode of “Podnosis,” we’re diving deep into the current landscape of clinical trials in the U.S.
 

Resources

Whitepaper

The Future of Payment Integrity: Finding Peace of Mind Through Partnership

Discover how MultiPlan’s Payment Integrity solutions are helping payors navigate the complex industry landscape.
Whitepaper

The Healthcare Opportunity in Grocery

As healthcare continues to evolve, nontraditional providers like grocery stores are cementing their roles as key players in the space. How do wellness offerings impact grocery store visitation patterns? We dove into the data to find out.
 
 

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