Summary
Becker’s Healthcare Editor-in-Chief Alan Condon Shares Update on Kaiser Permanente’s Risant Health and CVS Health’s Oak Street Health Acquisition
In this episode, regular guest Alan Condon, Editor-in-Chief at Becker’s Healthcare, joins the podcast to share an update on Kaiser Permanente’s new value-based nonprofit Risant Health and CVS Health’s acquisition of Oak Street Health.
Becker’s Healthcare Launches my bhc to Keep Healthcare Leaders Connected
Becker’s Healthcare has launched a new online platform, my bhc, to help leaders stay informed and connected within the healthcare industry. Alan is currently following stories related to Kaiser Permanente’s Q1 results and CVS Health’s acquisition of Oak Street Health. The focus of both stories is the growing privatization of Medicare and the potential market expansion opportunities for corporate giants such as United Health Groups, Optum, CVS Health, Amazon, and Walgreens.
Growing Privatization of Medicare Results in “War for Primary Care”
The growth of Medicare Advantage has resulted in a “war for primary care,” with large healthcare conglomerates buying up independent providers. This trend has led to calls from US Senator Elizabeth Warren for the FTC to investigate potential antitrust violations and a potential increase in healthcare costs.
Corporate Giants Vie for Medicare Market Share
As the privatization of Medicare continues, corporate giants like United Health Groups, Optum, CVS Health, Amazon, and Walgreens are vying for market share. The acquisition of Oak Street Health by CVS Health and the launch of Risant Health by Kaiser Permanente are examples of this trend.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 05/10/2023 and can be listened here.
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