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Where Walmart Is Headed in Health Care
After more than a decade of transforming health care for its roughly 1 million workers and huge and loyal customer base, Walmart plans to play an even larger role. Marcus Osborne, vice president of transformation and wellness for the retail giant, made that point clear in a recent talk with the Health Care Council of Chicago.
Securing Your Future During Disruption
Leaders need to think strategically about the pandemic’s impact on health care in the near and long term and plan for a future defined by resilience and innovation while maintaining an unwavering commitment to high-quality care. Futurescan 2021-2016: Health Care Trends and Implications offers key data and insights on the clinical, operational and strategy landscape, and explores the pandemic’s ramifications.
CVS Health, Others Make News at J.P. Morgan Health Care Conference
CVS Health is rapidly incorporating Aetna into its business and will open the first in a series of concept stores in February in the Houston market to test its consumer-centric retail engagement model that can target Aetna’s members. Renton, Wash.-based Providence St. Joseph Health unveiled a second $150 million health care venture fund. And health care providers shared cost-cutting strategies as they try to improve the affordability of health care.
CVS-Aetna Merger Strategy Comes into Focus
On the heels of New York's top financial watchdog expressing alarm over the proposed $69 billion merger between CVS and Aetna, the drug store chain's CEO has begun a more public campaign to lay out the company's strategy for achieving $750 million in savings.
UnitedHealth Deal Expands PBM Reach
UnitedHealth Group, the nation's largest health insurer, and Genoa Healthcare, one of the nation's largest pharmacy chains, are teaming up in a move that could bring significant cost savings and improved operational efficiency in caring for psychiatric patients and those with substance use disorders.
4 Questions to Answer on Retail Care Wave
Walgreens Boots Alliance and McLaren Health Care, which operates 14 hospitals, are collaborating on a plan to expand pharmacy and outpatient care services throughout Michigan. McLaren will offer services ranging from retail health clinics to urgent care centers and primary care sites in select Walgreens stores. Also, Walgreens will buy the prescription files and pharmacy inventory assets of McLaren pharmacies in Michigan and certain on-site pharmacies operated by the health system.
Integrated CVS-Aetna: What’s at Stake
For the second time in less than a month, the Department of Justice has approved a megamerger between leading players in the health insurance and pharmacy worlds. The DOJ said it will allow the $69 billion merger of CVS Health with Aetna once the insurer sells its Medicare Part D business, which raised concerns about the companies having too much market control.
CVS-Aetna Complete Merger, Start Work on Integrating Data
It took nearly a year to complete the transaction, but CVS Health has closed on its acquisition of Aetna, creating what many analysts believe will be a transformational force in health care.
What Health Care Could Look Like a Decade from Now
Expect massive vertical consolidation in health care. Payers, providers, suppliers and pharmacies will be under one corporate umbrella. Health insurance as we know it will largely be replaced by subscription-based plans that provide patients with unlimited telehealth consultations along with wellness, fitness and nutrition information.