MICHAEL ROOFIAN
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GoodRx cuts expenses to offset declining revenues

2/28/2023

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GoodRx's financial challenges continued in the fourth quarter as the company's revenue decreased by 14%. 



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/finance/goodrx-revenues-2022-4th-quarter-ftc
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Walmart CareSource partner on health disparities project

2/28/2023

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The arrangement between Walmart and CareSource seeks to connect patients with food delivery and educational programs desgined to reduce health disparities in Ohio.



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/esg/walmart-caresource-health-disparities-program-planned
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Defense attorney grills key witness in Outcome Health case

2/28/2023

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Rishi Shah's defense attorney takes his shots at Ashik Desai, who testified as part of a plea deal with prosecutors.



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/legal/outcome-health-fraud-trial-rishi-shah-ashik-desai
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Privia Health holds its own against digital health headwinds

2/28/2023

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The Arlington, Virginia-based physician enablement company posted a net income of $17.8 million in the fourth quarter, boosting its share price on Tuesday.



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/digital-health/privia-health-profitable-2022-4th-quarter-
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Mayo Clinic's profit drops by more than 50% in 2022 with hospitals near capacity

2/28/2023

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Mayo Clinic's expenses increased by $1.18 billion, or 8.1%, to $15.7 billion in 2022, including a 37% jump in contract labor spending.



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/finance/mayo-clinic-2022-profits-expenses-contract-labor
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Clover Health cuts losses by reducing Medicare Advantage marketing

2/28/2023

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Clover Health revenue increased 136.1% to $3.4 billion in 2022.



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/finance/clover-health-earnings-medicare-advantage-andrew-toy-doj-cms
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Humana seeks up to $1.25B with bond issues

2/28/2023

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Humana plans to use the proceeds to pay off debt, sustain operations and offset the costs of its Kindred At Home acquisition.



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/finance/humana-issue-bonds-debt-kindred-at-home
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Nominations close Friday for 50 Most Influential Clinical Executives

2/28/2023

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Nominations have been extended to 11:59 PM Pacific time on Friday.



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/people/most-influential-clinical-executives-2023-nominations-close
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Does Pollution of the Great Lakes Violate Tribal Treaty Rights?

2/28/2023

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In the 1800s, tribal nations retained rights to hunting, gathering, and fishing across portions of three Great Lakes and millions of acres in Michigan, Wisconsin, and Minnesota. But many see pollution as a continued encroachment on how Ojibwe, Ottawa, and Potawatomi communities exercise those rights.

via Undark Magazine https://undark.org/2023/02/28/does-pollution-of-the-great-lakes-violate-tribal-treaty-rights/
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Universal Health Services' quarterly profit drops 27%

2/27/2023

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Universal Health Services said its behavioral healthcare facilities in particular have been unable to fill job openings and, as a result, been forced to limit patient volumes.



via Section Page News - Modern Healthcare https://www.modernhealthcare.com/finance/united-health-services-4th-quarter-profit-contract-labor-desert-springs-hospital
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    Michael Roofian is a Juris Doctor at Loyola Law School in Los Angeles, California. 

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