Friday, November 19, 2021: Providers

CVS Health announced it will close 900 drugstores over the next three years, as the retailer adjusts to changing customer needs and converts to new store formats. Its remaining stores will be grouped into three models: traditional pharmacies that offer retail products...

Thursday, November 18, 2021: Providers

A new report from the Government Accountability Office (GAO) found that fewer providers in rural and underserved areas participated in advanced alternative payment models (APMs). According to the report, 11.9 percent of providers in rural and underserved areas took...

Wednesday, November 10, 2021: Providers

Oak Street Health revealed that the Department of Justice (DOJ) is investigating whether the provider had violated the False Claims Act. According to Oak Street Health, the DOJ requested information about the startup’s “relationships with third-party marketing agents...

Tuesday, November 9, 2021: Providers

HHS announced that more than 200 hospitals representing all 50 states have agreed to participate in its new maternal and infant health initiative. Each participating hospital will capture more than 150 measures that track the clinical and nonclinical factors impacting...

Tuesday, November 9, 2021: Providers

The Lown Institute released its Hospitals Index – the first ranking to evaluate cost efficiency for more than 3,000 U.S. hospitals. The Lown Institute analysis found wide variation in cost, even among hospitals of the same type, size, region, and with similar...

Thursday, November 4, 2021: Providers

Kaufmann Hall’s latest monthly report shows that the median change in operating margins for hospitals fell 18.2 percent in September compared to August. Patient volumes and outpatient revenues declined, while supply costs and drug expenses increased considerably....