Private equity’s still bullish on healthcare despite setbacks
A handful of private equity-backed healthcare companies met their demise this year, but industry watchers say it doesn’t signal a larger slowdown.
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Ensign Group buys 7 nursing homes in 6 states
Ensign Group’s CEO is on the lookout for more nursing homes as it announced the acquisition of seven operations Wednesday.
What insurance CEO compensation looked like in 2023
The average total compensation for CEOs of the major health insurance companies increased 5.7% to $20.6 million last year, according to regulatory filings.
Leapfrog Group safety grades show patient experience scores jump
A third of nonprofit hospitals received “A” safety grades from the Leapfrog Group, compared with 28% of for-profit and 17% of government-owned facilities.
Lawmakers slam UnitedHealth chief over Change Healthcare attack
“To all those impacted, let me be very clear: I’m deeply, deeply sorry,” UnitedHealth Group CEO Andrew Witty said at a congressional hearing on the…
Aetna hit with $900M in surprise MA costs, CVS Health reports
Aetna is eying benefit cuts and other measures to lift Medicare Advantage profit margins from -3% to at least 4% over the next few years,…
Akili cuts 46% of workforce
Akili said it has begun a process to evaluate potential strategic alternatives.
Tenet Healthcare plans to invest in specialty care, expansions
Tenet plans to expand its ambulatory surgical center and hospital footprint following a strong first quarter.
UnitedHealth stock sales prompt lawmakers to call for SEC probe
“The reports regarding these trades reveal a disturbing fact pattern,” the lawmakers wrote in a letter to SEC Chairman Gary Gensler this week.
GE HealthCare’s challenges in China hamper Q1
GE HealthCare reiterated its desire to sell more services to U.S. health system customers as a way to manage its challenges abroad.
US cyber agency questioned over response to massive health hack
Information was sought on how CISA worked with other arms of the US government to address the hack and what information it provided to UnitedHealth.