Morning Headlines 3/26/24

Arches Medical Partners Acquires 11 Primary Care Practices in Rhode Island

Walgreens-owned VillageMD sells its 11 primary care clinics in Rhode Island to Arches Medical Partners, which owns IPA-focused software company New Era Medical Operations.

Responding to Change Healthcare, Warner Introduces Legislation to Protect Providers in the Event of Future Hacks, Requiring Minimum Cybersecurity Standards

Senator Mark Warner (D-VA) introduces the “Health Care Cybersecurity Improvement Act of 2024,” which, if passed, will enable eligible providers to receive advanced and accelerated payments in the wake of a cyberattack.

Masimo plans to spinoff consumer business

Masimo considers spinning off its consumer business, which includes consumer health and audio products, and retaining its healthcare and telehealth solutions.