Humana to fully acquire Kindred at Home for $5.7B |
Humana will pay approximately $5.7 billion to take full ownership Kindred at Home, the nation’s largest home health provider, Kindred at Home. The transaction values Kindred at Home at $8.1 billion. Humana holds a 40% stake - an existing equity value of $2.4 billion - through 2017 deal with private equity firms TPG Capital and Welsh, Carson, Anderson & … |
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HCA Healthcare to sell four of its hospitals in Georgia to Piedmont Healthcare |
HCA Healthcare, Inc. (Nashville, TN) announced the signing of a definitive agreement to sell four of its hospitals in Georgia for approximately $950 million. HCA Healthcare has agreed to sell the following hospitals in north Georgia and Macon to Piedmont Healthcare (Atlanta, GA), a not-for-profit health system. Eastside Medical Center, a 310-bed hospital … |
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Tenet completes sale of CareSpot, MedPost to FastMed for $80M |
Tenet Healthcare Corporation (Dallas, TX) announced it completed the sale of its urgent care platform to FastMed for $80 million. The transaction, which was announced in December 2020, includes the sale of 87 CareSpot and MedPost centers, which were previously managed by Tenet’s United Surgical Partners International (USPI) subsidiary. Terms of the … |
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Scripps Health tech servers hacked |
Scripps Health, one of San Diego's main health systems, had its technology servers hacked on May 1 in what has been deemed a ransomware attack by the California Department of Public Health (CDPH). The provider operates five hospitals in San Diego and as a series of clinics. The cyberattack caused rescheduled appointments, affected Scripps email servers and suspended access to patient portals and other tech applications. |
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CVS and Walgreens have wasted more vaccine doses than most states combined |
Two national pharmacy chains that the federal government entrusted to inoculate people against COVID-19 account for the lion’s share of wasted vaccine doses, according to government data obtained by Kaiser Health News. The Centers for Disease Control and Prevention (CDC) recorded 182,874 wasted doses as of late March, three months into the country’s effort to … |
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Supply Chain’s Future Leaders – Patrick Broos, Catawba Valley Health |
The Journal of Healthcare Contracting features supply chain leaders who have exhibited hard work and dedication leading innovative strategies and ensuring their front line workers have the supplies they need amid a pandemic … |
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HealthTrust and Tenet renew partnership |
HealthTrust (Nashville, TN) and Tenet Healthcare (Dallas, TX) have renewed their agreement to elevate supply chain performance and support clinical operations. In renewing the GPO agreement, HealthTrust and Tenet will expand clinical integration capabilities to optimize the contract portfolio. In addition, HealthTrust will support Tenet’s expansion of … |
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Premier Inc. joins Coalition to combat the sale of stolen, counterfeit goods |
The Buy Safe America Coalition, a diverse group of retailers, consumer groups, wholesaler-distributors and manufacturers, announced Premier Inc. (Charlotte, NC) as a new member. During the pandemic, Premier vetted thousands of gray market solicitations on behalf of its members, finding that fewer than 10% of offers are legitimate and reporting … |
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How Artificial Intelligence is improving value-based care |
Artificial intelligence (AI) allows computers to mimic the learning, problem-solving, perception, and decision-making skills of a human. Once considered science fiction, AI has become a part of our everyday reality. Today, AI is used for customer service chatbots, media streaming providers, banking and financial services, smart home devices, and more.
AI is also gaining ground in the healthcare sector, where it’s driving the efficiency of value-based care …
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