CVS Health logged strong earnings and revenue performance during the third quarter, hitting $2.3 billion in profit, the company said this week. Total revenues increased to $89.8 billion, for the quarter and $264 billion for the year, up 10.6% compared to the prior year. Generated cash flow from operations reached $16.1 billion over that time.

Research on asthma shows African Americans are six times more likely to have an ER visit and three times more likely to die, says Marci Bennafield, clinical instructor in health informatics for Byrdine F. Lewis College of Nursing and Health Professions.

Missouri- and New Jersey-based drugmaker Nostrum Laboratories and its founder and CEO, Dr. Nirmal Mulye, have agreed to pay a minimum of $3,825,000 – and up to $50 million if certain financial contingencies are met – to resolve allegations that they violated the False Claims Act by knowingly underpaying Medicaid rebates due for Nostrum’s drug […]

The American Medical Association and others are calling on Congress to stop the advanced Alternative Payment Model bonus payment cut that is scheduled to expire at the end of the year for most physicians.

Health equity is being brought into the chapter’s current events, says Elise Kohl-Grant, cochair of the programming committee at the chapter.

Prices negotiated by health insurers show a wide amount of variation between geographic locations, with a new study in JAMA Health Forum showing that these price variations often occur with the same insurer, costing more in one locale than in another. 

CVS Health Ventures, Kaiser Permanente Ventures and Mayo Clinic are among the healthcare organizations investing $30 million in Abridge’s latest funding round. The Series B funding was led by Spark Capital and also included existing investor Bessemer Venture Partners as well as SCAN Group, Lifepoint Health, UC Investments (University of California) and the American College […]

In a final rule, the Centers for Medicare and Medicaid Services is increasing the end-stage renal disease (ESRD) prospective payment system (PPS) base rate to $271.02, increasing total payments to ESRD facilities by about 2.1% in an update to payment rates and policies regarding renal dialysis services furnished to Medicare beneficiaries on or after January […]

The National Institutes of Health estimates the cost of race and ethnicity disparities in the United States is upwards of $400 billion a year, says Dr. Michael Poku, chief clinical officer at Equality Health.  

Providers face monetary disincentives for violating information blocking, under a proposed rule released today by the Department of Health and Human Services.