How will Rite Aid recover from bankruptcy?

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Top Story What Will Rite Aid Need to Do to Recover from Bankruptcy? Rite Aid filed for Chapter 11 bankruptcy protection on Sunday amid decreasing sales, billions of dollars in debt and more than a thousand lawsuits claiming the chain filled illegal prescriptions for opioids. In order for the company to get back on its feet, experts say it will have to start acting more like its competitors, such as Walgreens and CVS, by leaning more into care delivery, forging strong payer partnerships, and improving its digital offerings. Sponsored Post Jorie Healthcare CEO Shares Why Automation is Critical to Revenue Cycle Management Presented by MedCity News & Jorie Healthcare The revenue cycle management business is using AI tools to automate cumbersome tasks to help hospitals operate more efficiently. It's beginning to attract the attention of major healthcare organizations. Learn More. Have You Seen Our Speaker Line Up? INVEST Digital Health is next week. Don't miss your opportunity to hear from our riveting line up of speakers, connect with over 20 investors, hear from innovative startups in FemTech and so much more. Register Today

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Microsoft's Healthcare AI Efforts Holds Huge Promise for Patients In a preview before the official announcement at HLTH last week, Microsoft executives and its hospital customers shared use cases of how its suite of AI tools can be used by health systems to improve healthcare delivery and alleviate provider burnout. Novo Nordisk Strikes Deal for Late-Stage Hypertension & Kidney Disease Drug The KBP Biosciences drug Novo Nordisk is acquiring has reached Phase 3 testing as a potential treatment for uncontrolled hypertension and advanced chronic kidney disease. It's the latest in a string of business deals aimed at expanding the Novo Nordisk pipeline beyond diabetes. How Mayo Clinic Is Approaching Generative AI Risk Mitigation At HLTH, Mayo Clinic Platform President John Halamka gave a window into how his health system is mitigating generative AI risks. Some of the measures Mayo is taking include running analyses on how well algorithms perform across various subgroups and training models only on internal de-identified data. Pfizer Shaves Revenue Projections, Starts Cost-Cutting Plan Amid Lower Covid-19 Product Demand Pfizer lowered its revenue projections for 2023, a change it attributed to declining demand for its Covid-19 vaccine, Comirnaty, and antiviral drug, Paxlovid. Citing this revenue decline, Pfizer is implementing a companywide cost-cutting plan projected to save $3.5 billion. 4 Trends Impacting the Patient Payment Experience Patients are looking for a quick, seamless and simple payment experience from their medical providers.Here are four trends to follow that are impacting the patient payment experience today. What the Radiopharmaceutical Pipeline Means for Patient Care With increased access to cutting-edge imaging, improved treatment options, greater personalization of treatment, reduced radiation exposure, and potential for future advances, patients can expect to receive more advanced medical care tailored to their specific needs through radiopharmaceuticals.

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