medicare

The number of IPOs launched in the second half of 2021 fell due to a lower number of SPAC IPOs. Traditional IPOs rebounded and saw eight listings that raised $1 billion or more. IPO Offerings: There were 1,708 IPO offerings that raised $251.68 billion in the second quarter. This was a drop from the...

Cano Health Inc (NYSE: CANO) has announced Q2 revenue of $393.2 million, +130% Y/Y, compared to $171.20 million a year ago, driven by acquisitions and membership growth. The total membership of 156,038, including Medicare capitated members, reached 111,866, +57% and 54%, respectively....

One of the largest SPAC deals of all time was announced Monday morning with MSP Recovery announcing a merger. The SPAC Deal: MSP Recovery announced a SPAC merger with Lionheart Acquisition Corp II (NASDAQ: LCAP) valuing the company at a pro forma enterprise value of $32.6 billion. There was not a...

Apple Inc (NASDAQ: AAPL) planned to offer its own primary-care medical service, complete with doctors in the tech giant's employ, to roll out a subscription-based personalized health program, the Wall Street Journal reported Wednesday. What Happened: The Tim Cook-led company tested its plans by...

The week of April 12 is shaping up to be a big one for public debuts, with many investors watching the highly anticipated direct listing of Coinbase. Here's a look at the Coinbase IPO and other companies set to go public this week. Coinbase: One of the most anticipated IPOs of 2021 is...

A health care company that went public with a SPAC from Chamath Palihapitiya reported quarterly earnings for the first time as a public company Monday. What Happened: Clover Health Investments (NASDAQ: CLOV) reported fourth-quarter revenue of $166.2 million, a year-over-year increase of 44%. Full...

Only two traditional IPO listings are expected to price during the week of March 1. Here is a look at what investors should expect from the IPO offerings. Oscar Health: Health insurance company Oscar Health (NYSE: OSCR) will be the biggest IPO of the week. The health insurance technology...

The IPOs of several insurance companies, such as Lemonade Inc (NYSE: LMND), in 2020 may lead to additional companies in the sector hitting the public market in 2021. Companies could explore a traditional IPO or a SPAC deal to bring their insurance companies public. Oscar Health: Health...

One of Chamath Palihapitiya-backed SPACs merger vote date is Wednesday, Jan. 6. What Happened: Shareholders of Social Capital Hedosophia Holdings Corp III (NYSE: IPOC) will vote on the merger with Medicare Advantage provider Clover Health, valuing the company at $3.7 billion. What’s...

The two largest pharmacy chains in the U.S. have grown through unit expansion and several major acquisitions. The companies have seen their share prices fall on concerns surrounding Amazon.com's entry into the market. Benzinga is looking at how CVS Health Corporation (NYSE: CVS)...

With the 2020 presidential election right around the corner, investors are making predictions on the sectors and stocks that could see big changes. One sector that could change dramatically based on the next occupant of the White House is health care. Potential Winners Under Trump: Hospital...

Chamath Palihapitiya-backed SPAC Social Capital Hedosophia Holdings Corp III (NYSE: IPOC) announced Tuesday that it is bringing Clover Health public at an enterprise valuation of $3.7 billion. Deal Terms: The deal includes $828 million from Social Capital Hedosophia Holdings Corp III...

Gilead Sciences, Inc (NASDAQ: GILD) has agreed to pay $97 million to settle allegations that it illegally paid for Medicare co-pays for its own pulmonary arterial hypertension drug Letairis through a charitable entity. What Happened: The Foster City, California-based drugmaker allegedly used...

Shares of nutrition company MYOS Corporation (NASDAQ: MYOS) were more than doubling Wednesday. The Myos Reverse Merger: Myos announced late Tuesday that it has agreed to a combination with MedAvail, Inc. in a reverse merger. MedAvail is a private, in-clinic, telemedicine-enabled...