Walmart, UnitedHealth to offer preventive healthcare program for seniors
September 12, 2022:- According to a Reuters article by Arriana McLymore, Walmart (WMT.N) and healthcare giant UnitedHealth Group (UNH.N) are planning to furnish preventive care for people aged 65 and up and virtual healthcare services for all age classes, the companies stated on Wednesday.
The 10-year partnership symbolizes Walmart’s latest push into healthcare and could assist the retail giant in competing with CVS Health (CVS.N) and Walgreens Boots Alliance (WBA.O).
Llangollen guesthouse will be converted into housing for healthcare workers
September 12, 2022: According to an article by Richard Evans in MSN, a Llangollen guesthouse will be transformed into a house of multiple occupations (HMO) after Denbighshire County Council’s planning committee endowed permission for a change of use. Councillors endorsed the application by Nadarajah Pragash to change the former Four Poster Bed and Breakfast premises on Mill Street into an HMO for healthcare employees.
Amazon’s next healthcare venture may be in Japan
September 12, 2022: According to an article by Nicole Wetsman in MSN, Amazon is contemplating partnering with pharmacies in Japan to deliver medications beginning in 2023, according to a report from Nikkei.
CVS acquires home healthcare company Signify for $8B
September 12, 2022:- According to an article by Rebecca Pifer in HealthcareDive, CVS stated Monday it decided to acquire Signify for $30.50 a share in an all-cash agreement that the healthcare company expects to complete in the first half of 2023. CFO Shawn Guertin expressed that the acquisition should be “meaningfully” accretive to CVS’ earnings.
Pure Health signs deal to invest $500mln in US healthcare firm
September 12, 2022:- Pure Health, the biggest integrated healthcare platform in the UAE, will acquire a small equity stake in Ardent Health Services, a leading US healthcare provider established in Tennessee, for a total investment of $500 million.
The acquisition in Ardent, the fourth largest private hospital operator in the US with processes across six states, expands Pure Health’s impression in the US healthcare market.
The investment is subject to traditional closing conditions and will be finalized after all required US regulatory approvals are obtained.
