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Economy: PE-owned Walgreens cuts 628 jobs | Data-based physician staffing | FTC M&A rule overturned | TrumpRx launches

News You Need to Know Today
Economy: PE-owned Walgreens cuts 628 jobs | Data-based physician staffing | FTC M&A rule overturned | TrumpRx launches
Saturday, February 28, 2026
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Editor's Choice: Economics

Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog

Sycamore Partners took over the struggling retail pharmacy chain roughly six months ago, and the Private Equity Stakeholder Project fears early staffing cuts and store closures could spell trouble for the long-term health of the newly restructured business.

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Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.
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Walgreens cuts 628 jobs and closes distribution facility, alarming private equity watchdog

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Vintage neon drug sign at the Walgreens pharmacy on Canal Street in downtown New Orleans.
Sycamore Partners took over the struggling retail pharmacy chain roughly six months ago, and the Private Equity Stakeholder Project fears early staffing cuts and store closures could spell trouble for the long-term health of the newly restructured business.
READ MORE >

Data-based physician staffing stands to save millions of dollars for multi-hospital health systems

A data-crunching method for staffing a key clinical department has reduced physician overtime by 13 hours a day and downtime by 14 hours at a large urban health system. The researchers who tallied the results estimate daily savings at $8,400 a day. 

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Surgery
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Data-based physician staffing stands to save millions of dollars for multi-hospital health systems

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Surgery
A data-crunching method for staffing a key clinical department has reduced physician overtime by 13 hours a day and downtime by 14 hours at a large urban health system. The researchers who tallied the results estimate daily savings at $8,400 a day. 
READ MORE >

Federal court strikes down FTC mergers and acquisitions reporting rule

A U.S. District Court in Texas ruled that the agency overstepped its regulatory authority in passing the 2024 Biden-era reporting requirement, which would require stakeholders to spend more than 100 hours filling out a long form to give the agency more oversight of transactions. 

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Federal Trade Comission FTC Sign logo
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Federal court strikes down FTC mergers and acquisitions reporting rule

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Federal Trade Comission FTC Sign logo
A U.S. District Court in Texas ruled that the agency overstepped its regulatory authority in passing the 2024 Biden-era reporting requirement, which would require stakeholders to spend more than 100 hours filling out a long form to give the agency more oversight of transactions. 
READ MORE >

With SCOTUS striking down ‘Liberation Day’ tariffs, Trump implements 15% tax on all imports

The U.S. Supreme Court ruled President Donald Trump’s sweeping global tariffs unconstitutional. The administration responded by imposing a 10% rate across the board, later hiked to 15%. That will remain in effect for 150 days and require an act of Congress to extend.

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U.S. Supreme Court building SCOTUS
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With SCOTUS striking down ‘Liberation Day’ tariffs, Trump implements 15% tax on all imports

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U.S. Supreme Court building SCOTUS
The U.S. Supreme Court ruled President Donald Trump’s sweeping global tariffs unconstitutional. The administration responded by imposing a 10% rate across the board, later hiked to 15%. That will remain in effect for 150 days and require an act of Congress to extend.
READ MORE >

New group names 4 things US healthcare can—and should—handle on behalf of Alzheimer’s patients, caregivers

Alzheimer’s disease already has the nation in a crisis of care capacity. The pressure to do more in response is mounting. Meanwhile the true total cost is hard to estimate since so many dementia caregivers are unpaid family members and other volunteers. 

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Elder caree
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New group names 4 things US healthcare can—and should—handle on behalf of Alzheimer’s patients, caregivers

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Elder caree
Alzheimer’s disease already has the nation in a crisis of care capacity. The pressure to do more in response is mounting. Meanwhile the true total cost is hard to estimate since so many dementia caregivers are unpaid family members and other volunteers. 
READ MORE >

Healthcare all but carrying jobs growth on its back—for better and for worse

The January employment situation summary, released Feb. 11 by the Bureau of Labor Statistics, shows an American economy leaning heavily on healthcare to put jobseekers to work. 

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job interview
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Healthcare all but carrying jobs growth on its back—for better and for worse

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job interview
The January employment situation summary, released Feb. 11 by the Bureau of Labor Statistics, shows an American economy leaning heavily on healthcare to put jobseekers to work. 
READ MORE >

California-based patient care coordination company hits $1B valuation with $130M in new funding

Solace Health, a company that connects patients with an "advocate" to help them navigate the U.S. healthcare system after a diagnosis, announced on Tuesday that it's earned $130 million in Series C funding, bringing its valuation to the coveted “unicorn status."

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Investment
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California-based patient care coordination company hits $1B valuation with $130M in new funding

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Investment
Solace Health, a company that connects patients with an "advocate" to help them navigate the U.S. healthcare system after a diagnosis, announced on Tuesday that it's earned $130 million in Series C funding, bringing its valuation to the coveted “unicorn status."
READ MORE >

Patients cite prior authorization as top healthcare burden, KFF finds

In a new poll, more insured adults listed receiving coverage approval for treatment and medications as the single largest burden they face when navigating the U.S. healthcare system than any other issue. KFF found that 47% experienced “denied, delayed or altered” patient care over the last two years. 

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insurance insurer payment claim denial reimbursement prior authorization
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Patients cite prior authorization as top healthcare burden, KFF finds

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insurance insurer payment claim denial reimbursement prior authorization
In a new poll, more insured adults listed receiving coverage approval for treatment and medications as the single largest burden they face when navigating the U.S. healthcare system than any other issue. KFF found that 47% experienced “denied, delayed or altered” patient care over the last two years. 
READ MORE >

Hidden costs of enterprise email may top $4M per year per hospital

E-mails sent to the full workforce at hospitals and health systems are costly due to the time they take away from recipients’ other essential duties and tasks. How costly? Researchers have done the math.

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laptop and desktop computers
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Hidden costs of enterprise email may top $4M per year per hospital

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laptop and desktop computers
E-mails sent to the full workforce at hospitals and health systems are costly due to the time they take away from recipients’ other essential duties and tasks. How costly? Researchers have done the math.
READ MORE >

TrumpRx launches with 40 brand-name medications available, including popular weight-loss drugs

Discounts represent out-of-pocket costs and come in the form of direct-to-consumer sales through manufacturer websites or via a coupon. AstraZeneca, Eli Lilly, EMD Serono, Novo Nordisk and Pfizer have all listed some of their most popular drugs on the TrumpRx.gov portal.

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Semaglutide (Wegovy) injector pen. Photo by Dave Fornell
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TrumpRx launches with 40 brand-name medications available, including popular weight-loss drugs

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Semaglutide (Wegovy) injector pen. Photo by Dave Fornell
Discounts represent out-of-pocket costs and come in the form of direct-to-consumer sales through manufacturer websites or via a coupon. AstraZeneca, Eli Lilly, EMD Serono, Novo Nordisk and Pfizer have all listed some of their most popular drugs on the TrumpRx.gov portal.
READ MORE >

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