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Medica results show familiar state of UK healthcare services

Medica, which provides teleradiology services to the UK NHS, operates in Ireland, and has a presence in the US, has released its latest financial results. The company is continuing to grow, but feeling the pinch from inflationary pressures.
April 14, 2023

Amazon completes acquisition of One Medical for $3.9bn

Retail tech giant Amazon has completed its $3.9bn acquisition of US primary care chain One Medical, after The US Federal Trade Commission gave the deal the green light. For the first time ever, a big tech company will now be involved in the delivery of clinic-based health care services.
March 3, 2023

CVS mulls splashing $10bn+ on primary care chain

CVS, the largest pharmacy chain in the US, is reportedly considering buying listed primary care chain Oak Street Health for $10bn, as part of its strategy to gain control over the entire patient pathway. Oak Street’s shares rose 33% after the news broke on Monday, January 9, giving the company a market cap of over $7bn at the time of writing.
January 13, 2023

How optimistic are US insurers and operators about 2023?

Accounting and Consultancy firm Deloitte US' industry outlook survey of health care operators and investors reveals what 71 c-suite executives of  health systems and insurance with $500m+ revenue think 2023 will hold.
January 6, 2023

Amazon launches telehealth platform

Amazon has launched its own telehealth platform, Amazon Clinic, on which patients can connect with health care providers in their area and book appointments.
November 25, 2022

Babylon CEO admits to stock market disaster

Ali Parsa, the charismatic healthcare entrepreneur who founded digital health company Babylon Health, has branded the company’s stock market performance an “unbelievable, unmitigated disaster” in an interview with the Financial Times.
November 25, 2022

Walgreens pharmacy splashes on $9bn outpatient merger

Walgreens, the US’ second largest pharmacy chain, is expanding its outpatient network with the acquisition of urgent and primary care chain Summit Health, for $9bn. Evernorth, a subsidiary of Cigna, one of the US’ largest health insurers, is also taking a stake in the merger, effectively creating a major new integrated payor-provider with a national footprint. HBI speaks to three experts on the US health system to understand the implications.
November 11, 2022

Interview: Lars Dahle, founder, Dignio

Having spent the last 10 years of his life building a multi-million revenue company, Dignio founder Lars Dahle has found the last week since he stepped down as CEO rather quiet. HBI catches up with him in reflective mood, as he chats about how he built the business up, and how he really feels about leaving his company's future in others' hands.
November 10, 2022
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