Start your week off right by taking a look at some of Becker's Hospital Review's top stories from last week.
1. CVS Health proposes to buy Aetna for $66B: 4 things to know
Pharmacy giant CVS Health is in talks to purchase Aetna, sources familiar with the matter told The Wall Street Journal.
2. Tenet reports $366M net loss, plans to cut 1,300 jobs
Dallas-based Tenet Healthcare ended the third quarter with a net loss, but the 77-hospital chain is launching a $150 million cost reduction plan with an aim of improving its financial picture.
3. Walgreens to close 600 stores, spend $750M to rebrand Rite Aids
Walgreens plans to close about 600 stores over an 18-month period beginning next year, according to the Chicago Sun-Times.
Cleveland Clinic President and CEO Toby Cosgrove, MD, said during an Oct. 23 panel discussion the healthcare industry will have to completely restructure the way it works in order to effectively transition from a fee-for-service model to a value-based payment system, Crain's Cleveland Business reports.
5. 10 hospital closures so far in 2017
From reimbursement landscape challenges to dwindling patient volumes, many factors lead hospitals to close. Here are 10 hospitals that have closed since Jan. 1, beginning with the most recent.
6. 8 latest healthcare industry lawsuits
From an Indiana health system facing an antitrust lawsuit to Georgia's most populated county filing a lawsuit against drug companies and physicians over the opioid epidemic, here are the latest healthcare industry lawsuits making headlines.
7. Is blockchain in healthcare for real? 6 questions with Hashed Health CEO John Bass
Hashed Health Founder and CEO John Bass brought more than 20 years of healthcare technology experience to his new project: a healthcare technology innovation company focused on accelerating the commercialization of blockchain and distributed ledger technologies in healthcare.