Thursday, June 2, 2022: Life Sciences

USC’s Schaeffer Center for Health Policy and Economics released a report examining how pharmacy benefit managers’ (PBMs) tactics such as spread pricing and copay clawbacks are driving up consumers’ costs for generic drugs. For example, Medicare Part D standalone drug...

Thursday, June 2, 2022: M&A

According to an Axios report, Optum has purchased Healthcare Associates of Texas (HCAT) from Webster Equity Partners. HCAT has a large footprint in the Dallas-Fort Worth metropolitan area and has also invested heavily in value-based care, both of which make it an...

Thursday, June 2, 2022: M&A

Value-based care provider CareMax announced plans to acquire Steward Health Care System’s Medicare value-based care business. The roughly $135 million deal would more than quintuple CareMax’s current number of covered seniors. The company currently covers roughly...

Thursday, June 2, 2022: M&A

Two Pennsylvania health systems – Butler Health System and Excela Health – have signed a letter of intent to merge. If finalized, the new five-hospital system would generate more than $1 billion in revenue and be the third largest in Western Pennsylvania based on...

Thursday, June 2, 2022: Payers

A new Kaiser Family Foundation analysis found that private insurance companies are expecting to pay out $1 billion in rebates to consumers this fall under the Affordable Care Act (ACA) Medical Loss Ratio (MLR) provision. Individual market insurers are expected to pay...