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Mayo Clinic's profits sink | Humana issues bonds

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Tuesday, February 28, 2023
Tuesday, February 28, 2023
Mayo Clinic

Mayo Clinic's profit drops by more than 50% in 2022 with wage, supply costs up

Mayo Clinic's expenses increased by $1.18 billion, or 8.1%, to $15.7 billion in 2022, including a 37% jump in contract labor spending.

 
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Humana seeks up to $1.25B with bond issues

Humana plans to use the proceeds to pay off debt, sustain operations and offset the costs of its Kindred At Home acquisition.

 
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Clover Health cuts losses by reducing Medicare Advantage marketing

Clover Health revenue increased 136.1% to $3.4 billion in 2022.

 
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Privia Health holds its own against digital health headwinds

The Arlington, Virginia-based physician enablement company posted a net income of $17.8 million in the fourth quarter, boosting its share price on Tuesday.

 
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Defense attorney grills key witness in Outcome Health case

Rishi Shah's defense attorney took his shots at star witness Ashik Desai, who testified as part of a plea deal with prosecutors.

 
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Nominations close Friday for 50 Most Influential Clinical Executives

Nominations have been extended to 11:59 PM Pacific time on Friday.

 
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