🏥 Q3 in Review

The 19 Biggest Healthcare Business Stories from Q3 2022

Happy Thursday,   This week's send is a doozy and should catch up all you busy healthcare folks on what's going on in our crazy world!   Here's what happened in the business world of healthcare during Q3 2022.   P.S. If you want to check out my healthcare business 1st half 2022 in review, you can check it out here (warning: it's LONG): The Top 20 Biggest Healthcare Business Healthcare Stories so far in 2022. Or you could just subscribe and get these stories each week :)   Getcha popcorn ready. Was this email forwarded to you? Subscribe Here Q3 2022 IN REVIEW Table of Contents - the Top 19 Healthcare Business Stories from Q3 2022 CVS buys Signify Health Amazon acquires One Medical, shuts down Amazon Care Everything UnitedHealthcare Walmart and UnitedHealth team up on MA Plans UnitedHealth-Envision spat continues UnitedHealth wins again, will acquire Change Healthcare CMS payment updates for 2023 Enhabit Home Health goes public Inflation Reduction Act: the biggest healthcare reform in 10 years? Turquoise Health partners with Ribbon, transparency era begins Physician Enablement platforms and Q2 earnings Public Hospital operators and Q2 earnings Nonprofit losses stack up in 2022 for CommonSpirit, Ascension, and Trinity Cano Health catches a Bid from CVS, Humana OneOncology dives headfirst into Value-Based Care, Enhanced Oncology Model Insurers plan major MA expansion for 2023 Healthcare spinoffs from 3M and LabCorp BCBSA settles cartel antitrust lawsuit for $2.7B Tik Tok's healthcare takeover? Notable Digital Health partnerships and announcements in Q3 Notable Services and Hospital M&A, announcements in Q3 Hospitalogy Deep Dives from Q3 Because this piece is so long (12,000 words), I'm afraid that this newsletter will get docked or clipped in people's inboxes.   For that reason, I've published the full post on the web. Please find the full post at the link below!   P.S. subscribers to Hospitalogy get a bonus - my favorite reads from the quarter - which will NOT be on the website version! Read in Browser BONUS FOR SUBSCRIBERS: HOSPITALOGY TOP READS FROM Q3 Paulius Mui, MD wrote an in-depth article on digital therapeutics in primary care and how their continued success need to be bolstered by PCP adoption. Marissa Moore and Second Opinion penned an article on the growing presence and opportunities available to new and old entrants alike in the lab & diagnostics industry. Two great reads on price transparency: X=primary care wrote about price transparency in primary care specifically, how it affects patients and clinicians, and more on Turquoise Health. Then Nikhil dropped a sponsored post on Turquoise Health including his initial investment thesis and a dive into Turquoise's opportunity  This was an interesting read on a notable trend - PBMs are apparently creating group purchasing organizations, further entrenching itself into the drug & medical supply chain. GPOs seem to have grown in popularity lately, especially with hospital and other providers focused on procurement and their supply chains.  Bain released a wonderful healthcare report on primary care innovation models and what they expect to see by 2030. You should read this insane story related to Alzheimer's research. According to the article, two decades worth of research into Alzheimer's might be faulty and based on deliberate fraud. It's incredibly frustrating to read stories like this and wonder what could have been if people could just maintain their integrity. VMG Health released its flagship report on Healthcare M&A and valuation trends in 2022. It's a great look across the healthcare services industry at partnerships and activities among the various verticals especially looking at multiple trends before and after COVID. Politico wrote a great deep dive into the caregiver crisis and the coming shortage of workers needed to care for the elderly. Bessemer developed a fantastic analysis on benchmarks for growing health tech businesses. I enjoyed this thoughtful opinion on clinician burnout, saying we need to go beyond offering benefits and fundamentally change the environment that these clinicians step into every day. Krish Maypole and Point of Care dove into Tuva Health's business model and its future use in claims analytics. Jared Dashevsky wrote a great piece about the looming geriatrician shortage  Nikhil wrote about investment opportunities and emerging markets in healthcare This was a nice overview of the growing 'AgeTech' space from Will Richardson including the secular tailwinds driving the industry forward. So this was pretty cool - the great folks over at JTaylor invited me to be on their healthcare podcast (my first ever healthcare pod appearance) and I had a blast discussing the latest trends in healthcare with them across a number of the latest issues! They even bought me lunch afterward in Fort Worth. Class acts if you ask me. Listen to the podcast here. I really enjoyed this deep, long-form essay on Johnson & Johnson, consumer protections, and its talc defense. Here's a great read from Vickram Pradhan on why he thinks healthcare's labor challenges are here to stay and why staffing shortages are a pull-forward for the industry, which (in my mind) is a primary thesis for why staffing firms and startups are doing so well / raising so much in recent memory. McKinsey had a nice 5-part 'Gathering Storm' series on the current headwinds and challenges facing our broader healthcare system, and the change needed (necessitated) in the coming years. Rick Goddard from Lumeris published a fantastic look at the current vertical integration trends in healthcare among major incumbents, including how hilariously behind a player like Amazon is when compared to United, CVS, or regional health systems. James Leckie penned a nice piece on safety net providers and an overview of care for the uninsured and underinsured populations. JOBS Here are some jobs that I'm curating for the healthcare industry. Use this link to submit your role to be featured if you're looking to hire.   Brand Partner, Healthcare, Workweek   Workweek (yep, you can work with me!!) is looking for a healthcare Brand Partner to help us bring the future of B2B media to life by building truly consultative partnerships with both brands and agencies.   Product Manager, Workflows, Zus Health   Zus Health is looking for a hands-on, technical, healthcare-savvy product manager to help enable digital health providers and the next phase of interoperability.   Project Manager, Implementation, Privia Health   Privia Health is looking for an individual to help with managing key projects and large integrations nationally for existing markets and new markets. View More MISCELLANEOUS MADDENINGS Blake's Bets Week 6 is here! (I hope nobody is keeping track of my record because it's gotta be dismal at this point): You have to take OU +7 in the Red River Rivalry. I'm doing it for emotional purposes but really every single game in recent memory has been decided by a touchdown or less. OU still sucks though. If you're going to the game, I'll see you in Dallas at the Cotton Bowl!! The Kansas hype lives on baby!!!! TCU (-7) loses at the hands of the Jayhawks in a raucous crowd environment and their first ever College GameDay! Kansas State sitting at just -2 @ Iowa State coming off an Iowa State loss while K State is rolling feeeeeels trappy to me...but I'm rolling with the Wildcats. Did I miss a story? Hit me up to let me know!   — Blake   Written by me, Blake Madden. Let's chat on Twitter or LinkedIn. Want your message in front of 10,100 executives and healthcare decision-makers? Partner With Me Workweek Media Inc.  2952 Higgins Street Austin, TX 78722   Want to ruin my day? Unsubscribe.