Archive for the ‘HEALTHCARE’ Category

Fred’s Bankruptcy Could Boost CVS, Walgreens Pharmacies

News Fred’s Inc. will sell its remaining pharmacy assets as part of its bankruptcy filing could benefit drugstore giants CVS Health, Walgreens Boots Alliance and potentially other retail pharmacy chains. Fred’s Monday announced it has filed for Chapter 11 bankruptcy protection and will soon begin liquidating assets and selling off its pharmacies and related operations.

Walgreens Primary Care Partner VillageMD Raises $100M

VillageMD, a fast-growing developer of primary care clinics, has raised another $100 million as the startup looks to expand its model across the country. The latest round of funding was led by investment firm Kinnevik, which invested $75 million, and has placed some other successful bets in the healthcare industry lately.

CVS Profits Jump Amid National HealthHub Expansion

CVS Health said its rollout of new “health hub” concept stores will reach four U.S. metropolitan areas and 50 locations by the end of this year with the company already seeing benefits in new customers and revenues.

Walgreens buys stake in specialty Pharmcy developer

Walgreens Boots Alliance and a large private equity firm are investing in a specialty pharmacy company that works with hospitals and health systems to set up and run their own on-site specialty pharmacies.

Louisiana’s Novel ‘Subscription’ Model For Pricey Hepatitis C Drugs Gains Approval

Louisiana officials announced a deal Wednesday with Asegua Therapeutics, a subsidiary of Gilead Sciences, that would allow the state to provide hepatitis C treatment to its Medicaid and prison populations. They also secured the necessary clearance from the federal government Wednesday for a novel approach to paying for the drugs and expect the program to […]

Digital Health Company Livongo Files For An IPO

In a much anticipated move, Livongo which uses a combination of devices, AI-driven data and specialized coaches to help people manage chronic conditions, filed today to go public. Number of shares offered and pricing have not been determined.