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DARK SECRETS: 2 | Vintage Vibes

CVS ousts CEO Karen Lynch

CVS CEO Karen Lynch lost her job in a surprise ouster on Friday.

Fortune

CVS needs 'realistic targets' says analyst after drug giant abruptly dismisses CEO

The company's approach to guidance this year led to continual cutting of goals.

Fortune

What went wrong at CVS

An activist shareholder demanding changes, soaring medical costs, and a $68 billion deal for Aetna.

Fortune

From analysis to the latest developments in health,
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Why Karen Lynch lost the CEO job at CVS

A trifecta of problems, some that started before she took the top job, ended the reign of one of the most powerful women in American business.

Fortune

There’s a new power player at CVS after Karen Lynch’s dismissal—but he’s not CEO

Roger Farah, who worked behind the scenes to right Ralph Lauren and Tory Burch, will become executive chairman at CVS.

Fortune

Is CVS Health About to Break Up? Here's What We Know

CVS Health stock is lower Tuesday on reports the healthcare company is conducting a strategic review of its operations, which includes a potential breakup.

Kiplinger

CVS Health shares rise as hedge fund pushes for change

CVS stock rose 2% on Monday, but the healthcare giant has shed over $26 billion in market cap this year.

Fortune

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Aetna expands access to fertility services, becoming first major insurer to cover IUI

The move was "yet another demonstration of Aetna’s commitment to women’s health across all communities," said the insurer.

Fortune

CVS Health CTO tries to smooth over complexity to propel his company's big bet on healthcare

CTO Tilak Mandadi is juggling a complex business with many different units.

Fortune

State’s premature release of bid proposal info touches off new battle over $116 billion in Medicaid contracts

The early release of documents meant a single competitor got an early look at the other bidders’ playbooks before final winners were announced.

The Texas Tribune

30 Most Powerful Women In Business: The Titans Of Industry

Here are the women, who are forging paths and breaking barriers across industries, showcasing exceptional leadership and innovation.

International Business Times

Unveiling five hidden health insurance benefits every cyclist should know

Navigating the labyrinth of American health insurance is seldom a joyride; it's often all paperwork, premiums and headaches. Yet, with the tedium and stress, there are hidden perks that help make you a better, healthier and safer cyclist.

Cycling Weekly

Millennial Money: The questions you aren’t asking (but should) during open enrollment

Open enrollment is no one’s idea of a good time, but health coverage is a crucial part of your financial health

The Independent UK

Americans With Health Insurance Are Increasingly Putting Off Important Medical Treatments They Can’t Afford

Health insurance CEOs pocket millions while citizens can’t pay the out-of-pocket.

Capital & Main

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Tribune News Service

What you need to know about the drug price fight in those TV ads

In recent months ominous ads about prescription drugs have flooded the TV airwaves. Perhaps by design, it’s not always clear who’s sponsoring the ads or why.

WEKU

What to know about the drug price fight in those TV ads

At least nine bills introduced in Congress take aim at pharmacy benefit managers, the powerful middlemen that channel prescription drugs to patients. Here's what the fuss is all about.

Kiplinger

5 Special Situation Stocks for Growth & Income

Special situation stocks create event-driven opportunities for investors. Here are five that are worth a closer look.

Fortune

Companies like CVS and UnitedHealth are now some of the world’s biggest businesses. Is that healthy for the rest of us?

The companies and their rivals say their enormous size and scope makes them the best candidates to fix America’s health care system. After a new wave of mergers, they're under pressure to prove it.

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Fortune

CVS Health CEO Karen Lynch wants better care for new moms at risk of postpartum depression

The CEO sees a connection between mind and body.

Fortune

Prior authorization rules are stressful for Medicare Advantage customers

Millions of prior authorization requests are denied every year, leaving some Medicare Advantage customers without adequate care. But changes are coming to fix this.

Tribune News Service

Mayor Adams signs controversial contract that eliminates traditional Medicare for retired NYC workers

NEW YORK — Mayor Eric Adams signed off on a contract Thursday that will eliminate traditional Medicare coverage for retired city government workers and shift them into a privatized version of the program instead — a highly controversial move that immediately drew a lawsuit threat from a grassroots retiree group.

Tribune News Service

Medicaid health plans try to protect members — and profits — during unwinding

The federal COVID-19 pandemic protections that have largely prohibited states from dropping anyone from Medicaid since 2020 helped millions of low-income Americans retain health insurance coverage — even if they no longer qualified — and brought the U.S. uninsured rate to a record low.

Fortune

States are turning to the big health insurance companies to keep Medicaid enrollees insured once pandemic protections end

UnitedHealthcare, Centene, and Aetna have seen their revenue surge by billions as their membership soared by millions.

Tribune News Service

A baby spent 36 days in an in-network NICU. Why did the hospital next door send a bill?

Brenna Kearney was seven months pregnant in December 2019 when she experienced what she thought were bad flu symptoms.

Chicago Sun-Times

Chicago mom fought Lurie Children’s Hospital for 3 years to get overbilling for newborn reversed

Illinois law bars insurers from charging out-of-network rates for neonatal care at in-network hospitals. But that didn’t keep it from happening to Brenna Kearney and her husband Casey Trumble. Only a reporter’s questions got things fixed.

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