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CVS Concept Stores to Open in 2019, Focus on Cutting Medical Costs
Once the CVS Health-Aetna merger is officially completed (expected to be around Thanksgiving), the retail chain will turn its attention to opening its first "health hub" concept stores early next year.
Market Insights: Evolving Physician-Practice Ownership Models
Physician-practice acquisitions and/or equity investment by such nontraditional players as health plans, private-equity investors, venture capitalists and large employers is an increasing trend. These new entrants give physicians new options for where and how to work. In the shift to value-based care, private-equity firms and new investors can provide physician practices with capital for investments, streamline administrative tasks, use economies of scale for purchasing, improve billing practices, bring in common-practice support tools and analytics, and expand services through digital technology and telehealth. What they promise to deliver is similar to what hospitals and health systems are trying to achieve in the transition to value-based care.
Disruptive Innovation: Opportunities and Challenges
Disruptive innovation is a “process by which a product or service takes root initially in simple applications at the bottom of a market and then relentlessly moves up market, eventually displacing established competitors.