CVS Health acquires Target’s healthcare biz
CVS Health will pay $1.9 billion to acquire Target’s healthcare businesses, including 1,600 pharmacies and 80 MinuteClinic health clinics.
CVS Health also just opened its Boston-based Digital Innovation Lab, which will focus on developing cutting-edge digital services and personalized capabilities that offer an accessible and integrated personal pharmacy and health experience.
CVS is making big strides to position itself as both a digital innovator and major provider of primary care services. Look for them to continue to build on existing partnerships with regional health systems. What’s next – maybe more integration of its health apps into EMRs, patient portals, and HIEs?
Former hospital CFO sentenced to prison for attestation fraud
Joe White, the former CFO of Shelby Regional Medical Center in Texas, is sentenced to 23 months in federal prison for falsely attesting that the hospital was a meaningful user of EHR. White was also ordered to pay almost $4.5 million in restitution to Medicare’s EHR Incentive program. Continue reading…


