Budgeting
Patients will still be able to access virtual MinuteClinic services and visit CVS Pharmacy locations.
The biggest expense increases were on the nonlabor side, particularly in drug costs, data shows.
Kaufman Hall's latest flash report shows labor expenses account for about 84% of medical groups' total expenses.
CEO David Joyner put much of the onus on the poor performance on elevated utilization coming out of the pandemic.
The AHA says the final rule only worsens the problem of "sustained and substantial underpayment" of hospitals.
The company says there's opportunity to enhance its value proposition in the realm of virtual care.
However, health systems didn't fare as well, seeing operating margins drop for a third consecutive month in September.
The revenue is a year-over-year increase from Q3 2023, during which the insurer's revenue capped at about $25.4 billion.
Executives at the system level saw greater gains as compared to subsidiary hospital executives, survey shows.
The group says its action aims to protect consumers from predatory practices that can lead to inflated healthcare costs.