The Advisory Board Co.'s shareholders and executives finalized a $2.58 billion deal with UnitedHealth Group's Optum and a private equity firm, splitting the consulting group's healthcare business from its education arm.
As providers transition to value-based care and aim to reduce unnecessary care variation, employee engagement strategies can bolster patient satisfaction, maximize Medicare payment and instill a culture of safety measures, according to a new Advisory Board study.
The Advisory Board Co. will be acquired by UnitedHealth Group's Optum and a private investment firm in an estimated $2.6 billion deal that splits the consulting group's healthcare business from its private equity arm.
The vast majority of U.S. patients are open to using telehealth solutions, but only a fraction have received care virtually, suggesting that the healthcare industry has yet to meet consumer interest in virtual care, according to a new survey.
The troubled Advisory Board Co. is weighing a merger with Evolent Health, a technology firm in which it currently invests.
Activist investor Elliott Management has agreed not to launch a takeover or fight for board seats at the Advisory Board Co. while the healthcare consultancy and technology company explores strategic alternatives, including a possible sale.
Advisory Board Co., which recently trimmed 5.7% of its workforce, announced it is considering a potential sale. In recent months, the consultancy said it was restructuring as a result of some expected losses.
The Advisory Board Co. will lay off about 220 employees, or 5.7% of its total workforce, as part of a restructuring plan. The healthcare consulting firm says revenue dropped after the election “as members reassessed their strategy and path forward.”
MACRA will fuel demand for the services of a burgeoning crop of vendors that specialize in helping providers collect, analyze and report performance data.
The migration of lucrative joint-replacement surgeries to outpatient settings will cause friction between surgeons and hospitals, and it raises questions about the premise of Medicare's new bundled-payment initiative for hospital-based procedures.
Evolent's technology and consulting platform can help identify high-risk patients by analyzing data from multiple sources and then create physician-driven care-management plans.
Competition is building in the cancer-care field, as hospitals, health systems and physician groups are constructing new cancer centers in response to the aging of the baby boomers and a projected increase in cancer diagnoses over the next 20 years.