The physician operated in South Texas and San Antonio, traveling across his various offices via his private jet and Maserati.

The innovation and venture capital arm of University of Pittsburgh Medical Center (UPMC) is planning to invest $1 billion into life sciences to develop new drugs, diagnostics and devices over the next four years.

CVS Health is on track to expand its HealthHub store concept to more than 600 locations in 2020, the company revealed during a presentation at the J.P. Morgan Healthcare Conference in San Francisco.

Global healthcare company Cigna has partnered with New York-based health insurance startup Oscar Health to provide commercial health options to small businesses.

New drugs are being approved by the FDA at a faster clip, but the science behind them is weakening, according to a study published in JAMA. That means more drugs are available, but questions remain if they are effective.

Mayo Clinic, the Rochester, Minn.-based nonprofit healthcare organization, has launched the Clinical Data Analytics Platform that will use deidentified data and scientific literature to improve patient health.

Executives in the healthcare space are expecting more M&A activity in 2020 compared to 2019, according to a new outlook from KPMG. 

New medical treatments such as gene therapies come with a high price tag up to six figures, and drugmakers are working hard to ensure they can get reimbursed for these medicines in creative ways.

Vin Gupta, a physician with a background in pulmonary medicine, has been hired by Amazon for its Amazon Care team as a principal scientist.

Global venture capital funding in digital health dropped 6% in 2019, with 615 deals nabbing $8.9 billion in capital.

Virtual care provider Teledoc Health will acquire InTouch Health for the purchase price of $600M.

Accountable care organizations are increasingly saving Medicare more money, but after the Trump administration made significant changes to the Medicare Shared Savings Program, fewer of these organizations are participating, according to data from the National Association of Accountable Care Organizations (NAACOS).