healthcare Archives - CFO

Microsoft Buys Nuance in $16B Health Care Cloud Bet

Microsoft Buys Nuance in $16B Health Care Cloud Bet

The acquisition of the provider of digital tools for health care processes advances Microsoft's industry-specific cloud strategy.

By Matthew Heller | April 12, 2021

Accenture Adds Clarity Insights to AI Business

Accenture Adds Clarity Insights to AI Business

The acquisition "will fortify and broaden our ability to help our clients scale AI across their businesses."

By Matthew Heller | December 16, 2019

GM Strike Ripples Out to Suppliers on Day 4

GM Strike Ripples Out to Suppliers on Day 4

Experts say hundreds of thousands of U.S. workers could be laid off as the impact of the strike spreads.

By Matthew Heller | September 19, 2019

Health Care Software Maker Phreesia Files for $125 Million IPO

Health Care Software Maker Phreesia Files for $125 Million IPO

The company, which provides a patient-intake software platform for health care providers, has processed $1.4 billion in patient payments.

By Lauren Muskett | June 24, 2019

Hack Exposes Data of Quest Diagnostics Patients

Hack Exposes Data of Quest Diagnostics Patients

The lab testing giant says a hacker gained access to personal data of about 11.9 million patients that it had provided to a billing collection service.

By Matthew Heller | June 4, 2019

S&P Warns of Negative Impact From GE Spinoff

S&P Warns of Negative Impact From GE Spinoff

The rating agency puts GE on watch for a possible downgrade, saying the healthcare spinoff could result in “more volatile profitability and cash flow.”

By Matthew Heller | June 26, 2018

Analogic Agrees to $1B Sale to PE Firm Altaris

Analogic Agrees to $1B Sale to PE Firm Altaris

The pioneer of computer tomography imaging cites "the increasingly competitive markets that we serve" in deciding to end its 50 years of independence.

By Matthew Heller | April 11, 2018

GE Sells Healthcare Assets to PE Firm for $1B

GE Sells Healthcare Assets to PE Firm for $1B

The sale to Veritas Capital appears to fit General Electric's "overarching objective to become a truly digital industrial company."

By Matthew Heller | April 3, 2018

Humana Puts Tax Savings Into Worker Benefits

Human Capital & Careers

Humana Puts Tax Savings Into Worker Benefits

The insurer is raising its minimum wage, joining other companies that have announced some form of bonus or wage hike resulting from the new tax law.

By Matthew Heller | January 17, 2018

June Cyberattack Bites Into Nuance Revenues

June Cyberattack Bites Into Nuance Revenues

The NotPetya malware hit Nuance's cloud-based dictation and transcription services for hospitals and health systems, costing it $53 million in Q4 revenue.

By Matthew Heller | December 1, 2017

Anthem, Cigna Trade Lawsuits Over Merger

Anthem, Cigna Trade Lawsuits Over Merger

The suits follow a court ruling blocking the deal, with Anthem attempting to stop Cigna from terminating their agreement.

By Matthew Heller | February 15, 2017

Aetna, Humana Walk Away From $34B Merger

Aetna, Humana Walk Away From $34B Merger

The insurers cited the Jan. 23 ruling in which a federal judge found the deal would substantially reduce competition in the Medicare Advantage market.

By Matthew Heller | February 14, 2017

Court Blocks Another Healthcare Megamerger

Risk & Compliance

Court Blocks Another Healthcare Megamerger

The proposed Anthem-Cigna deal "is likely to have a substantial effect on competition in what is already a highly concentrated market," the judge says.

By Matthew Heller | February 9, 2017

J&J Sales Increase 1.7% But Miss Estimates

J&J Sales Increase 1.7% But Miss Estimates

Earnings jumped 19% to $3.81 billion in the fourth quarter, but sales were hit by slowing demand for medical devices.

By Matthew Heller | January 24, 2017

Lonza to Buy Drug Capsule Maker for $5.5B

Lonza to Buy Drug Capsule Maker for $5.5B

The acquisition of Capsugel will enable Lonza to offer an integrated menu of drug delivery products.

By Matthew Heller | December 15, 2016