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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.
Study extends benefits of hospital mergers to hospitals in close proximity
Hospital mergers result in even greater efficiencies and savings when the acquired hospitals are in close proximity.
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.
New York Times Story on Consolidation Doesn’t Tell the Full Story
“When Hospitals Merge, Patients Often Pay More” doesn’t paint a full picture of the root cause of higher health care costs to consumers.
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.
Pollack, Panel Explore Future of Health Care at Miami Forum
“The ‘H’ in the future is going to look different,” Pollack said at the panel, which was part of the University of Miami School of Business Administration’s conference on “The Business of Health Care: What’s Next?."
House Passes SMARTER Act
The House last night voted 230 to 185 to approve the Standard Merger and Acquisition Reviews Through Equal Rules Act (H.R. 5645), AHA-supported legislation that would standardize the merger review process for the two federal antitrust agencies.
Report: Hospital Merger Benefits, a Review and Extension
Since the release of our study Hospital Merger Benefits: Views from Hospital Leaders and Econometric Analysis, 2 two closely related studies have been released.