Walgreens Boots Alliance sold almost $1 billion of stock it owns in drug distributor AmerisourceBergen to both draw down some debt and help toward VillageMD's eventual purchase of Summit Health, according to a company filing and other reports.

Health and physician system leaders are facing unprecedented challenges while operating in an ever-evolving healthcare landscape. In support of Labcorp’s mission to improve health and improve lives, the Labcorp Venture Fund invests in early-stage private companies operating in strategic or…

Rural hospitals may be geographically isolated from their urban counterparts, but when they shutter, the effects are felt for miles. 

An advisory committee will begin meeting in January to kick-start efforts to curb surprise medical bills from ground ambulances, The Washington Post reported Dec. 13. 

Radnor Township, Pa.-based Main Line Health has had a credit rating downgraded because of a multiyear trend of weak operating performance and expectations of tepid progress into 2023, Moody's said.

From planning for a potential recession next year to investment opportunities and innovative ways to tackle labor challenges, here are 10 key insights and objectives from hospital and health system CFOs across the country:

A total of 34 healthcare companies are at risk of default going into 2023 amid excessive debt levels and weak operating performance, Moody's said in a Dec. 12 report shared with Becker's.

Mercy Health is putting a hospital project in Champion Township, Ohio, on hold, citing economic volatility, inflation and financial challenges as factors for the decision, CBS affiliate WKBN reported Dec. 12.

Three health systems that forged partnerships with R1 RCM for revenue cycle services in 2022:

Brewer, Maine-based Northern Light Health on Dec. 31 will close a section of its inpatient rehabilitation services, CBS affiliate WABI reported Dec. 12.