January 31, 2025- Cardinal Health reported second quarter fiscal year 2025 revenues of $55.3 billion, a decrease of 4% from the second quarter of fiscal year 2024. Second quarter revenue increased 16% excluding the impact of the previously communicated large customer contract expiration. Second quarter GAAP operating earnings increased 9% to $549 million and GAAP … [Read more...]
Ascension joins Keep Americans Covered Coalition to advocate for affordable healthcare for millions
January 30, 2025- Ascension has joined Keep Americans Covered, a nonpartisan coalition of healthcare stakeholders working to keep healthcare costs down for millions of Americans. The coalition’s primary focus is advocating for the extension of enhanced premium tax credits in the individual health insurance marketplace. Introduced under the American Rescue Plan Act in … [Read more...]
Intermountain Health and CredibleMind offer mental health resources and tools
January 30, 2025- CredibleMind, Inc., the Mental Wellbeing Company, and Intermountain Health, a healthcare innovator and not for profit health system in the Intermountain West, today announced an agreement to offer a digital resource to better address mental health concerns. As part of this new partnership, Intermountain is now offering CredibleMind’s unique self-care … [Read more...]
BD Board declares dividend, authorizes 10 million additional share repurchases
January 30, 2025- The Board of Directors of BD announced it has declared a quarterly dividend of $1.04 per common share, payable on March 31, 2025 to holders of record on March 10, 2025. The indicated annual dividend rate is $4.16 per share. The company also announced it repurchased $750 million in BD stock to date in fiscal 2025. … [Read more...]
Henry Schein announces strategic investment by KKR, board updates
January 30, 2025- Henry Schein, Inc. announced a strategic investment by funds affiliated with KKR, a leading global investment firm. In addition to KKR’s current holdings, KKR will make an additional $250 million investment in the Company’s common stock (the “Investment”). As a result, KKR will become the largest non-index fund shareholder in the Company with a 12% position, … [Read more...]
49 HCA Healthcare Hospitals recognized as “America’s Best Hospitals” by Healthgrades
January 30, 2025- HCA Healthcare, Inc. announced that 49 of its hospitals were named on the 2025 Healthgrades America’s 250 Best Hospitals list, which recognizes the top 5% of hospitals in the country for clinical excellence. Based exclusively on patient outcomes, the annual designation is reserved for hospitals who demonstrate superior performance in providing care … [Read more...]
Baxter expects to produce at pre-hurricane levels across its NC plant in Q1 2025
January 29, 2025- After Baxter’s North Cove manufacturing site was significantly impacted by the rain and storm surge from Hurricane Helene, the company announced that it continues to make strong progress at the North Cove facility and have now restarted all of the site’s 10 manufacturing lines. While Baxter stated in a recent press release that some lines require additional … [Read more...]
Bridging critical gaps in advanced heart failure care
January 29, 2025- The American Heart Association has launched a new $3 million initiative, supported financially by Abbott, that aligns with the rising need for advanced HF treatment pathways and education beyond traditional guideline-directed medical therapy. This effort will provide cardiovascular clinicians with information on care models that connect specialists and … [Read more...]
NY Healthcare GPO deploys Premier, Inc.’s Supply Disruption Manager Solution
January 29, 2025- United Iroquois Shared Services (UISS), a leading regional group purchasing organization serving over 900 healthcare and non-healthcare facilities, announced a new agreement with Premier, Inc. to provide UISS members access to Premier's Supply Disruption Manager solution. Premier’s Supply Disruption Manager leverages advanced machine learning technology to … [Read more...]
How value analysis professionals and industry partners can work together
January 29, 2025- For his contributions to advancing collaboration between healthcare value analysis professionals and physician champions, BJ McCluskey, MBA, CVAHP, FAHVAP, FACHDM, Assistant Vice President of Strategic Sourcing and Contracting from McLeod Health, was awarded the 2024 AHVAP Presidential Citation Award. This prestigious award is presented … [Read more...]