Mergers & Acquisitions
Insurer's pharmacy benefits business OptumRx will take over Genoa, which specializes in behavioral health and addiction treatment.
The sale will be completed by the end of the year but is contingent upon the closing of its merger with CVS Health.
Patients would be steered away from their physicians, Association of American Physicians and Surgeons said in letter to AG Jeff Sessions.
Eastern Maine Healthcare Systems is the latest hospital to rename itself to keep pace with changes, digital health and otherwise, reshaping the industry.
The antitrust concern over the Medicare prescription drug plans is holding up approval of the $69 billion deal.
The next expected approval is for CVS Health's $69 billion acquisition of Aetna.
Stockholders for both companies greenlighted the merger in late August, and the final approval has been highly anticipated.
After absorbing Connance, the new Waystar will provide advanced workflow and predictive analytics solutions to health systems and hospitals.
Former CEO Jonathan Bush could receive $4.8 million if he helps with the sale of the cloud IT company, according to a report that shows Elliott partnering with Bain Capital.
Healthcare is on the cusp of innovative technologies and disruptive business models that will change the industry.