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Walmart is ending its telehealth service and closing over 50 health

(7 days ago) WEBWalmart is getting out of the primary care business. The retail giant said Tuesday it's closing 51 clinics and shutting down its telehealth service, just five years after jumping into the industry

https://www.npr.org/2024/05/05/1249231441/walmart-is-ending-its-telehealth-service-and-closing-over-50-health-clinics

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More than 300K healthcare providers dropped out of …

(3 days ago) WEBNearly 334,000 physicians, nurse practitioners, physician assistants and other clinicians left the workforce in 2021 due to …

https://www.fiercehealthcare.com/providers/more-300k-healthcare-providers-dropped-out-workforce-2021-report-finds

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Walmart to close 51 clinics as it shutters its entire Walmart Health

(6 days ago) WEBApril 30, 2024, 6:56 AM PDT. By Rob Wile. Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative is shutting …

https://www.nbcnews.com/business/business-news/walmart-closing-health-clinics-walmart-health-division-why-rcna149968

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Healthcare workforce lost 333,942 providers in 2021 - Becker's …

(4 days ago) WEBAn estimated 333,942 healthcare providers dropped out of the workforce in 2021, according to an Oct. 20 report from Definitive Healthcare. Healthcare workforce …

https://www.beckershospitalreview.com/workforce/healthcare-workforce-lost-333-942-providers-in-2021.html

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2024 HEALTH CARE DISRUPTION - American Hospital …

(1 days ago) WEBbusiness opportunities in health care. Last year, outside disruptors made news regularly, racking up and • Carve out health care segments with the lowest fixed costs • CVS …

https://www.aha.org/system/files/media/file/2024/02/2024-Health-Care-Disruption-Outlook.pdf

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Why two Colorado insurance companies collapsed in one year, …

(7 days ago) WEBAlexis Daugherty faced two big changes last winter. The first was finding health insurance. Her old insurance carrier, Bright HealthCare, was going out of …

https://www.cpr.org/2023/08/10/why-bright-healthcare-friday-health-insurance-companies-collapsed/

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Walmart insiders explain why Walmart Health clinics failed Fortune

(1 days ago) WEBThese mini-supercenters of medical care promised transparent and affordable pricing, just as Walton had requested at the Saturday morning meeting nearly …

https://fortune.com/2024/05/07/why-walmart-health-centers-closed-clinics-medical/

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Aetna announces it will leave exchanges in 11 states

(Just Now) WEBBut this week one of the nation's largest private insurers, Aetna, decided to drop out next year in 11 of the 15 states where it offers plans. United Health Group and …

https://www.pbs.org/newshour/show/aetna-announces-will-leave-exchanges-11-states

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Humana to exit employer business lines as they're no

(5 days ago) WEBReferenced Symbols. HUM. -0.14%. SPX. +1.26%. Humana Inc. said Thursday it has decided to exit the Employer Group Commercial Medical Products …

https://www.marketwatch.com/story/humana-to-exit-employer-group-commercial-medical-products-business-over-next-18-to-24-months-855642a5

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Patients are getting stuck out-of-network due to rifts - Fortune

(6 days ago) WEBAnthem has alerted consumers that Northside Hospital and its facilities may not be part of its network come Jan. 1. While the Wellstar vs. UnitedHealthcare tug-of …

https://fortune.com/2021/11/16/out-of-network-insurance-companies-health-care-systems-hospitals-contracts/

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Humana Will Phase Out Employer Group Business To …

(5 days ago) WEBHumana will exit its “employer group commercial medical products business” over the next 18 to 14 months to focus on government-funded health programs including Medicare and Medicaid. The

https://www.forbes.com/sites/brucejapsen/2023/02/23/humana-will-phase-out-employer-group-business-to-focus-on-medicare-and-medicaid-health-plans/

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Walmart will close all of its health care clinics CNN Business

(Just Now) WEBWalmart. New York CNN —. Walmart, the largest retailer in the United States, will close all 51 of its health care centers in six states and end virtual health …

https://www.cnn.com/2024/04/30/business/walmart-closes-health-clinics/index.html

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Health insurers slammed after UnitedHealth says more - Reuters

(9 days ago) WEBJune 14 (Reuters) - Health insurer stocks dropped sharply on Wednesday after UnitedHealth Group (UNH.N) said its costs were on the rise due to an increase in …

https://www.reuters.com/business/healthcare-pharmaceuticals/unitedhealth-falls-warning-higher-medical-costs-2023-06-14/

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Employers facing rising health care costs get tough on providers

(3 days ago) WEBWhy it matters: New transparency around the price of health care services and workers' mounting frustration with costs are emboldening some employers to get tough …

https://www.axios.com/2024/05/13/health-costs-employers-hospitals-doctors

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Healthcare bankruptcies are rising. Here are five major filings so …

(8 days ago) WEBThe bankruptcy wiped out private equity firm KKR’s investment in Envision. In 2018, the PE firm shelled out over $5 billion to take Envision private in a deal valued …

https://www.healthcaredive.com/news/healthcare-bankruptcies-rising-five-major-filings-2023/700132/

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Bankrupt Steward Health puts its hospitals up for sale, discloses $9

(2 days ago) WEBBankrupt Steward Health Care has put all of its 31 US hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total …

https://www.cnn.com/2024/05/07/business/steward-health-puts-hospitals-up-for-sale/index.html

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One of the Biggest Hospital Failures in Decades Raises Concerns …

(7 days ago) WEBSteward Health Care System became one of the largest hospital bankruptcies in decades when it filed for chapter 11 early Monday. The chain, which …

https://www.wsj.com/health/healthcare/one-of-the-biggest-hospital-failures-in-decades-raises-concerns-for-patient-care-e9ac2422

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The Disruptors Are Getting Disrupted — 5 Takeaways AHA

(6 days ago) WEBThe Disruptors Are Getting Disrupted — 5 Takeaways. If recent developments are any indication, it appears that primary care disruptors are being …

https://www.aha.org/aha-center-health-innovation-market-scan/2024-05-07-disruptors-are-getting-disrupted-5-takeaways

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Now We Know What Happened to Those Workers Who Dropped …

(4 days ago) WEBIn December 2021, 21.5% of females cited care as the reason for being out of the workforce, similar to the 20.8% pre-pandemic, while for men the numbers were …

https://www.usnews.com/news/economy/articles/2022-02-07/now-we-know-what-happened-to-those-workers-who-dropped-out-during-the-pandemic

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Health Policy Commission still missing key document for Steward, …

(9 days ago) WEBThe Massachusetts Health Policy Commission says it's still missing a key piece of information it needs to assess the proposed sale of Steward Health Care's …

https://www.bizjournals.com/boston/news/2024/05/09/steward-optum-transaction-hold-up.html

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Walmart health care closings may mean less access for rural patients

(9 days ago) WEBPatients face longer trips, less access to health care after Walmart shuts clinics. For rural and lower-income Americans, staying healthy will become more time …

https://www.usatoday.com/story/money/personalfinance/2024/05/12/walmart-health-centers-closing-less-access/73619365007/

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Bright Health exits 6 states amid financial, operational woes

(1 days ago) WEBBright, which went public in June last year, wants to refocus on growth in markets where it can have a bigger impact. The seven-year-old startup lost almost $1.2 …

https://www.healthcaredive.com/news/bright-health-exit-6-states/622197/

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Employers challenge health care providers over service costs

(6 days ago) WEB6. CVS Health reports disappointing Q1. Employers are increasingly challenging health care providers over the cost of services, as new transparency rules …

https://www.businessinsurance.com/article/20240514/STORY/912364464

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A Predictable Surprise: Twelve Years After Obamacare And We

(5 days ago) WEBCritics of this insurance reform approach to lowering healthcare expenditures, myself included, correctly noted that lowering costs is quite a separate …

https://www.forbes.com/sites/ritanumerof/2022/08/03/a-predictable-surprise-twelve-years-after-obamacare-and-we-are-worse-off-than-ever/

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Private equity in health care: three takeaways going forward

(9 days ago) WEBThree takeaways are: (1) Health care reimbursement is finite. The goal of short-term investments in providers that depend on third party reimbursement is a hard …

https://www.reuters.com/legal/litigation/private-equity-health-care-three-takeaways-going-forward-2024-05-09/

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The Business of Health Care Depends on Exploiting Doctors and …

(7 days ago) WEBIt is this very ethic that is being exploited every day to keep the enterprise afloat. The health care system needs to be restructured to reflect the realities of patient …

https://www.nytimes.com/2019/06/08/opinion/sunday/hospitals-doctors-nurses-burnout.html

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Nearly half of health systems are considering dropping Medicare

(4 days ago) WEBScripps terminated Medicare Advantage contracts effective Jan. 1 for its integrated medical groups. The medical groups, Scripps Clinic and Scripps Coastal, …

https://www.beckershospitalreview.com/finance/nearly-half-of-health-systems-are-considering-dropping-ma-plans.html

Category:  Medical Show Health

Retail giants can’t figure out health care - POLITICO

(1 days ago) WEBEven so: Some retailers are sticking it out, at least for now. Amazon, which acquired One Medical for $3.9 billion in 2022, is known for giving new ventures long time …

https://www.politico.com/newsletters/future-pulse/2024/05/06/retail-giants-cant-figure-out-health-care-00156203

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Inari Medical Hit With Investor Suit After DOJ Probe Revealed

(6 days ago) WEBMatthew Bultman. Inari Medical Inc. was sued by a shareholder over a stock price drop after the medical device company revealed it faced a US Department of …

https://news.bloomberglaw.com/securities-law/inari-medical-hit-with-investor-suit-after-doj-probe-revealed

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Medicare Advantage service area changes UHCprovider.com

(2 days ago) WEBEffective Jan. 1, 2024, we’re reducing some UnitedHealthcare® Medicare Advantage service areas and discontinuing some plans. Some of your patients may be …

https://www.uhcprovider.com/en/resource-library/news/2023/medicare-advantage-service-area-changes.html

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Disappearing brands: 26 that shut down over the last 10 years

(Just Now) WEBWhen the company went out of business in 2011, it became the most well-financed flop in U.S. venture capital history. Even though it had $140 million in revenue, …

https://www.usatoday.com/story/money/2020/12/31/brands-that-disappeared-in-the-last-decade/43298485/

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Cracking Down on Frivolous Cancellations HealthCare.gov

(9 days ago) WEBCracking down on frivolous cancellations. Insurance companies can't cancel your coverage just because you made a mistake on your insurance application. In the past, if your …

https://www.healthcare.gov/health-care-law-protections/cancellations/

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I Tried Having 2 Last Names but It Was a Headache - Business …

(2 days ago) WEBIt turned out to be a headache. Essay by Jamie Davis Smith. May 12, 2024, 2:22 AM PDT. The author didn't want to hyphenate her name to include her husband's, …

https://www.businessinsider.com/having-two-last-names-complicated-confusing-2024-5

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China's Alibaba Beats Quarterly Revenue Estimates, Profit Drops

(8 days ago) WEBThe company reported revenue of 221.87 billion yuan ($30.66 billion)in the three months ended March 31, compared with a consensus estimate of 219.66 billion …

https://money.usnews.com/investing/news/articles/2024-05-14/chinas-alibaba-beats-quarterly-revenue-estimates

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Boeing Commercial Jet Deliveries Drop by Two in April - U.S. News

(3 days ago) WEBUS News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you …

https://money.usnews.com/investing/news/articles/2024-05-14/boeing-commercial-jet-deliveries-drop-by-two-in-april

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UNITED STATES DISTRICT COURT DISTRICT OF NEW JERSEY …

(1 days ago) WEB(Health Care Fraud) The Defendant and His Business 1. At all times relevant to this Information: a. Defendant JOSEPH GIANETTI, JR. was a resident of New Jersey who …

https://www.justice.gov/archive/usao/nj/Press/files/pdffiles/Older/Gianetti%20Information%20final.pdf

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United States Department of Justice U.S. Attorney, District of …

(2 days ago) WEBHorizon Blue Cross and Blue Shield and other health care insurers out of more than $688,000 by submitting bogus claims for medical services, U.S. Attorney Christopher J. …

https://www.justice.gov/archive/usao/nj/Press/files/pdffiles/Older/gian1106rel.pdf

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Federal Budget 2024: Winners and Losers - ABC News

(9 days ago) WEBPeople willing to fork out an extra $100 to skip the queue will get access to a five-business-day turnaround of their documents. The government anticipates the …

https://www.abc.net.au/news/2024-05-14/budget-2024-winners-and-losers/103779412

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Manx Care calls for more foster parents to come forward - BBC

(6 days ago) WEBMore foster carers are needed to create "a wider pool" of support on the Isle of Man, Manx Care has said. The family placement service within the health care body …

https://www.bbc.com/news/articles/c1d445gly49o

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