Healthcare news and trends

Healthcare’s Working Capital Shift Boosts Cash Flow and Strengthens Supplier Ties

November 07, 2024
CVS Health Q3 Results Reflect Struggles in Digital Health Services Amid Strategic Overhaul
Earnings // November 06, 2024

CVS Health’s third-quarter earnings results released Wednesday (Nov. 6) reflected the company’s ongoing efforts to adapt to a changing healthcare and retail environment. As it continued to overhaul its operations in response to shifting market dynamics, including the digital transformation of healthcare, CVS faced challenges...

What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
Regulation // November 06, 2024

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. Republicans are retaking the Senate, and the House is still up for grabs as of Wednesday morning (Nov. 6). There’s at least some uncertainty removed from the...

GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
Legal // November 05, 2024

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit managers (PBMs) — CVS’s Caremark unit and Express Scripts — have all been named in at least three lawsuits by independent pharmacies. PBMs, the...

Regulators Warn Against Improper Billing of Medicare Recipients
Regulation // November 01, 2024

Two federal agencies warned healthcare providers, Medicare Advantage plans and debt collectors not to improperly bill Qualified Medicare Beneficiary recipients (QMBs), who generally cannot be billed for cost-sharing by healthcare providers who accept Medicare. The Consumer Financial Protection Bureau (CFPB) and the Centers for Medicare...

Interviews & Exclusives
Healthcare’s Working Capital Shift Boosts Cash Flow and Strengthens Supplier Ties

November 07, 2024
The healthcare industry might be likened to a battleship when it comes to payments innovation. It’s massive and slow to turn, but once turned, the waves made are enormous. In the United States, for example, the Centers for Medicare & Medicaid Services estimated that the healthcare sector accounts for as much as 17% of GDP. […]

Interview: Why Cutting Paper in Healthcare Will Speed Patient Payments

November 01, 2024
Though it’s a truism that the world’s become more digitized — Venmo, PayPal, and Cash App are all staples of everyday life while we bank online, order online, and stream...

New Insight: Virtual Cards Gain Favor With CFOs as Healthcare Costs Increase

October 31, 2024
Healthcare is among the largest industries in the world, and with the territory come pain points and inefficiencies as small- to medium-sized companies seek to tap working capital and streamline...

Software, Not Spreadsheets, Solves Healthcare’s Cash Flow Bottlenecks

October 24, 2024
For smaller healthcare providers, manual processes dominate the back office — and when it comes to reconciling remittances with deposits, pain points emerge that rival any sprain or bruise. Cash...

Quick Reads
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement

November 05, 2024
Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit managers (PBMs) — CVS’s Caremark unit and Express Scripts — have all been named in at least three lawsuits by independent pharmacies. PBMs, the report notes, negotiate the cost of prescription drugs between insurance […]

Regulators Warn Against Improper Billing of Medicare Recipients

November 01, 2024
Two federal agencies warned healthcare providers, Medicare Advantage plans and debt collectors not to improperly bill Qualified Medicare Beneficiary recipients (QMBs), who generally cannot be billed for cost-sharing by healthcare...

GoodRx Launches eCommerce Platform With Contraceptive Maker Opill

October 31, 2024
Online subscription platform GoodRx entered the over-the-counter market with its new eCommerce service. “The introduction of this new eCommerce service is part of GoodRx’s broader strategy to further integrate health...

Job Openings Drop to Lowest Level Since Early 2021

October 29, 2024
The number of job openings in the United States declined to 7.4 million in September, down from 7.9 million in August and 9.3 million in September 2023. The Bureau of...