Shares of Teladoc Health Inc. were up about 13% in after-hours trading Wednesday after the telemedicine company posted a narrower loss than analysts were anticipating for its latest quarter, while Read more
Tag: Healthcare Information Technologies
Cerebral to cut jobs amid lower growth targets
Telehealth startup Cerebral Inc. told staffers it is cutting jobs and restructuring its operations in moves that will affect about 20% of its employees, shrinking the company to match patient demand and Read more
Walgreens gets serious about its move into healthcare
Walgreens Boots Alliance WBA, +6.04% is doubling down on its big healthcare bet as the pharmacy giant upped a long-term sales target for its growing healthcare business and described its Read more
Judge denies DOJ’s request to block UnitedHealth’s acquisition of Change Healthcare
WASHINGTON — A federal judge Monday ruled against a Justice Department antitrust challenge to UnitedHealth Group Inc.’s UNH, +0.49% $13 billion acquisition of health-technology firm Change Healthcare Inc. CHNG, -0.08%, rejecting government claims that the deal Read more
CVS seeking to buy Signify Health as part of home-health expansion
CVS Health Corp. is seeking to buy Signify Health Inc., according to people familiar with the matter, as the drugstore and insurance giant looks to expand in home-health services. Signify Health SGFY, +2.32% is exploring Read more
Oracle lays off hundreds of employees
Oracle Corp. ORCL, -0.06% laid off hundreds of employees this week as the business software provider prioritizes its healthcare IT services and cloud businesses, according to people familiar with the company’s Read more
Teladoc stock downgraded as analysts lament ‘underwhelming execution’ and risks to guidance
Two more former bulls on Teladoc Health Inc.’s stock jumped ship Tuesday, warning of various challenges for the telemedicine company. With the latest downgrades from Berenberg Capital Markets and Cowen Read more
Opinion: Seniors say inflation is having a ‘striking impact’ on healthcare costs
Since most senior citizens live on a fixed income, they provide an early indicator of when inflation starts to hurt and — worse — how it can force us to Read more