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Corporate Alliance Unveils First Steps Toward Cutting Healthcare Costs
The Wall Street Journal; subscription may be required
Mar. 8, 2017
"The blueprint includes group contracts to purchase prescription drugs through units of CVS Health Corp. and UnitedHealth Group Inc.; the creation of specialized doctor networks; and a deal to use International Business Machines Corp.'s Watson software to analyze their health-care data. The nonprofit group, called the Health Transformation Alliance, says combining the negotiating heft of its 38 members allows it to win lower prices than any individual company could alone."
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