Accounting & Financial Management

CEO Andrew Witty promises to pass through 100% of drug rebates to consumers and wants see other companies do the same.

The "Big 3" PBMs also separately generated an estimated $1.4 billion of income from spread pricing, FTC finds.

The company cited lower retail sales and higher costs, though pharmacy sales did increase slightly year-over-year.

Health systems need to know the ROI before they purchase technology, as CIOs and CFOs are looking at costs at a new level, says David Kirshner, managing partner at LogicSource and former CFO of Boston Children's Hospital.

PE ownership had negative consequences, including lower quality of care, decreased staffing and higher prices, report says.

The rule will ban medical bills on credit reports used by lenders and prohibit lenders from using medical information.

In October, CVS announced it would reduce 2,900 corporate positions in a goal to cut costs by $2 billion over several years.

The transaction is expected to position MultiPlan for more sustainable long-term growth amid revenue losses this year.

The largest chunk of the money will expand outpatient care in 10 Advocate Health Care Neighborhood Care locations.

Structural wealth gaps between male and female physicians will likely not show improvement for several years, Medscape says.