The trend of mergers between large healthcare provider organizations continued in 2018, as the average size in revenue of sellers (defined as the smaller of two organizations in a transaction) reached $409 million, according to Kaufman Hall's new report, 2018 M&A in Review: A New Healthcare Landscape Takes Shape. This is the highest figure seen since Kaufman Hall began tracking this metric in 2008. It also represents a compound annual growth rate (CAGR) of almost 14 percent in the average
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CVS Health
Blue Cross Expands Partnership with Lyft, Collabs with CVS & Walgreens to Send Patients to Pharmacies
In an effort to address the community effects of social determinants of health, the Blue Cross Blue Shield Association (BCBSA) today announced a first nationwide partnership with Lyft to ensure Americans are not missing vital health care appointments simply because they lack reliable transportation.This partnership exemplifies Blue Cross and Blue Shield’s (BCBS) commitment to bringing private and public entities together to improve community health in a manner that a health care organization
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CVS to Acquire Health Insurer Giant Aetna for $69B: 8 Things to Know
CVS Health has agreed to acquire health insurer giant Aetna for $69 billion in a landmark deal that that will redefine access to high-quality care in lower cost, local settings whether in the community, at home, or through digital tools.This is the next step in our journey, positioning the combined company to dramatically further empower consumers. Together with CVS Health, we will better understand our members' health goals, guide them through the health care system and help them achieve their
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CVS Health, Cleveland Clinic Expand Clinical Affiliation for Improve EHR Communication
CVS Health and Cleveland Clinic announced that they have expanded their eight-year clinical affiliation to enhance access to care for patients throughout Northeast Ohio and Florida, and improve quality, coordinated delivery of care and health outcomes for patients. As part of the expanded relationship, CVS Health has joined Cleveland Clinic's Quality Alliance, one of the largest clinically integrated networks of providers collaborating on quality measures that focus on chronic disease
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CVS Health to Implement Epic EHR System for CVS Specialty Care Management Programs
CVS Health will implement Epic's EHR system for CVS Specialty's care management programs to help integrate and improve clinical processes for CVS Specialty, including Accordant, which provides care management program services for patients with rare, chronic diseases. This announcement marks the expansion of Company's use of the Epic EHR system beyond MinuteClinic which transitioned to the system in 2015.The Epic EHR implementation will support CVS Specialty's evidence-based care management
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CVS Invests in Curbside to Transform Pharmacy Pick Ups
CVS Health today announced a strategic investment partnership with Curbside, a company transforming the retail store pickup experience for consumers to help launch CVS Express. The investment represents the company's commitment to driving further innovations that will help customers save time and money while pursuing a healthier lifestyle. How It WorksAs part of the strategic partnership, Curbside will integrate its technology into the CVS Pharmacy app. Consumers using the CVS Pharmacy App
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CVS Health Executive Talks Integration of Digital Health Tools for Pharmacy
Prescription adherence just got a whole lot easier. Chief Digital Officer Brian Tilzer fills us in.
CVS has been a dominate force in the retail pharmacy market for some time—but could the popular retail chain become the next major player in the digital health movement? According to its Chief Digital Officer Brian Tilzer, it’s getting there.
With the success of the MinuteClinic under its belt, the major drugstore chain is now offering a number of digital tools for its pharmacy customers.
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CVS Health Unveils New Digital Health Pharmacy Tools
Today, CVS Health is introducing a suite of new digital health pharmacy tools by CVS Health that will help customers manage their health with more ease and efficiency. Since the opening of the CVS Health Digital Innovation Lab in June, the company has been focused on developing digital services and personalized capabilities. The company is already seeing the impact of its digital strategy on other parts of the business in five short months.
Research Shows Digitally Engaged Patients have
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CVS Health Partners with MassChallenge, Rock Health to Drive Digital Health Innovations
CVS Health made a big leap into digital healthcare with the recent opening of a Lab in Boston focused on developing new digital health solutions. On Wedneday, CVS Health announced it will partner with digital health venture fund Rock Health and healthcare startup accelerator MassChallenge in efforts to drive faster digital health innovation and expand areas of focus.
By forging new relationships in key markets—Boston, for healthcare and San Francisco, for technology – CVS Health aims to
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CVS To Leverage IBM Watson Health To Predict Patients at Risk for Declining Health
CVS Health has announced it will leverage IBM Watson Health's predictive analytics and cognitive computing to transform care management services for patients with chronic disease. The partnership will enable health care practitioners, including those across the CVS Health enterprise, to use Watson to advance care management beyond programs and services typically available today. IBM did not disclose the financial terms of the partnership.
CVS Health/IBM Watson Health Partnership
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