The Connecticut Insurance Department has approved CVS Health’s multibillion dollar merger with Aetna, Gov. Dannel P. Malloy announced this week. The decision was issued Wednesday.

With CVS Health on the brink of acquiring health insurer Aetna, Walgreens wants to revamp its image as more than a retailer, according to a report by CNBC.

Industry groups have submitted their final comments on CMS’ recent proposal to overhaul the Medicare Shared Savings Program, warning that some of the new changes could result in fewer accountable care organizations participating in the program.

A new proposal released Oct. 18 by the FDA to strengthen cybersecurity protection for medical devices, including medical imaging equipment, will supersede a guidance originally issued in 2014.

The Affordable Care Act has helped launch healthcare stocks into the stratosphere over the last eight years, contrary to what some critics of the healthcare law believed would happen.

Devoted Health, a new Medicare Advantage plan, has officially launched after securing $300 million in a Series B funding round, the company announced.

The Medical Imaging & Technology Alliance (MITA) has issued a statement in support of new research from the Pacific Research Institute (PRI) focused on issues with the medical device tax and why the PRI believes that tax should be repealed.

Mergers and acquisition activity among hospitals and health systems is showing signs of a slowdown, according to the latest findings from financial consulting firm Kaufman, Hall & Associates.