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News You Need to Know Today
Economics: HHS $25K severance offer | $10B PE buyout of Walgreens | VA plans 83,000 layoffs | PE bankruptcies
Friday, March 14, 2025
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Editor's Choice: Economics

HHS employees offered two months of pay to quit their jobs

That’s in addition to the $25,000 buyout offer from the federal government. Employees have until Friday to resign. 

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U.S. Department of Health and Human Services (HHS) HQ
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HHS employees offered two months of pay to quit their jobs

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U.S. Department of Health and Human Services (HHS) HQ
That’s in addition to the $25,000 buyout offer from the federal government. Employees have until Friday to resign. 
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Walgreens $10B private equity buyout financed by 83% debt

A filing with the  U.S. Securities and Exchange Commission reveals details on how Sycamore Partners intends to pay for the struggling pharmacy chain. 

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Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.
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Walgreens $10B private equity buyout financed by 83% debt

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Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.
A filing with the  U.S. Securities and Exchange Commission reveals details on how Sycamore Partners intends to pay for the struggling pharmacy chain. 
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More than 1,000 hospitals earn $700M opioid crisis judgment

Drug distributors AmerisourceBergen (Cencora), Cardinal Health, McKesson, Johnson & Johnson, Teva and Allergan do not admit to wrongdoing. However, they have agreed to a settlement which will compensate providers for opioid abuse treatments. 

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More than 1,000 hospitals earn $700M opioid crisis judgment

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johnson & johnson branding
Drug distributors AmerisourceBergen (Cencora), Cardinal Health, McKesson, Johnson & Johnson, Teva and Allergan do not admit to wrongdoing. However, they have agreed to a settlement which will compensate providers for opioid abuse treatments. 
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VA planning 83,000 layoffs as part of restructuring

The reports are based on a leaked internal memo in which the agency said it’s working closely with Elon Musk’s DOGE to cut jobs.

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DOGE Coin Elon Musk Cryptocurrency
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VA planning 83,000 layoffs as part of restructuring

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DOGE Coin Elon Musk Cryptocurrency
The reports are based on a leaked internal memo in which the agency said it’s working closely with Elon Musk’s DOGE to cut jobs.
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Trump gives HHS 90 days to create healthcare price transparency plan

Tuesday's executive order issued by Trump builds upon a previous order and the No Surprises Act to strengthen federal law.

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Trump gives HHS 90 days to create healthcare price transparency plan

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Donald Trump pointing
Tuesday's executive order issued by Trump builds upon a previous order and the No Surprises Act to strengthen federal law.
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VA releases another 1,400 employees as FDA invites 300 back to work

As Elon Musk’s DOGE continues to push for staffing cuts, it appears the FDA may have let too many probationary workers go. 

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VA releases another 1,400 employees as FDA invites 300 back to work

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DOGE Elon Musk cryptocurrency
As Elon Musk’s DOGE continues to push for staffing cuts, it appears the FDA may have let too many probationary workers go. 
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Federal judge sides with FTC; case against PBMs to move forward

A federal court dismissed a counterclaim from CVS, UnitedHealth and Cigna that sought to halt the case on constitutional grounds.

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Federal judge sides with FTC; case against PBMs to move forward

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Federal Trade Comission FTC Sign logo
A federal court dismissed a counterclaim from CVS, UnitedHealth and Cigna that sought to halt the case on constitutional grounds.
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Private equity tied to 21% of healthcare bankruptcies for second consecutive year

New data from the Private Equity Stakeholder Project reveals that, while 11% of all-sector bankruptcies were filed by organizations with a history of ownership by investment firms, that number rises to 21% for healthcare. 

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Private equity tied to 21% of healthcare bankruptcies for second consecutive year

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artificial intelligence investment
New data from the Private Equity Stakeholder Project reveals that, while 11% of all-sector bankruptcies were filed by organizations with a history of ownership by investment firms, that number rises to 21% for healthcare. 
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Musk’s DOGE granted access to CMS records in search of ‘big money fraud’

The pseudo-government organization led by billionaire Elon Musk has been given read-only access to payment, contract and staffing records at the agency. 

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Elon Musk Neuralink
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Musk’s DOGE granted access to CMS records in search of ‘big money fraud’

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Elon Musk Neuralink
The pseudo-government organization led by billionaire Elon Musk has been given read-only access to payment, contract and staffing records at the agency. 
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Q&A: Vulnerable patients hit hardest by anesthesia reimbursement cuts

Tracy Young, CRNA, vice president at the American Association of Nurse Anesthesiology, details the ongoing fight between providers and insurers over how anesthesiologists get paid. 

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Anthem
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Q&A: Vulnerable patients hit hardest by anesthesia reimbursement cuts

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Anthem
Tracy Young, CRNA, vice president at the American Association of Nurse Anesthesiology, details the ongoing fight between providers and insurers over how anesthesiologists get paid. 
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