USPH acquired 80% of the equity interests of the physical therapy practice with the practice’s founder and owners retaining 20%. The purchase price for the 80% equity interest was approximately $6.2 million. The business generates approximately $3.2 million in annual revenue and has approximately 27,000 patient visits per year.
Insurance Coverage For Weight Loss Drugs – Elevance, CVS Health Become First To Extend Coverage To Novo Nordisk’s Successful Wegovy For Certain Patients
Major U.S. health insurers CVS Health, Elevance Health, and Kaiser Permanente now reimburse for Novo Nordisk's Wegovy for specific Medicare individuals with heart-related conditions. This shift aims to alleviate financial burden and may prompt broader coverage, potentially impacting drug spending.
