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Morning Headlines 7/3/24

July 2, 2024 Headlines No Comments

R1 RCM Shares Slide on Reduced Hopes for Buyout Deal

R1 RCM shares drop on the news that its two largest shareholders have failed to reach an agreement on a bid to jointly acquire the company.

Walmart has held talks to sell its shuttered medical clinics

Walmart is reportedly shopping its Walmart Health facilities to potential buyers that include health insurance companies like Humana.

Three Former Executives Sentenced for $1B Corporate Fraud Scheme

The Department of Justice recaps the recent sentences of three former Outcome Health executives who were involved in a $1 billion corporate fraud scheme, and notes that three other executives have pleaded guilty and are awaiting sentencing.

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