The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
The U.S. Air Force's top general says he hasn't received direction to send additional bombers to the Middle East after what is believed to be Iranian attacks on Saudi Arabian...Defenseread more
Facebook has partnered with Ray-Ban maker Luxottica to develop augmented-reality glasses code-named 'Orion', people familiar with the matter told CNBC.Technologyread more
"I believe the path to 'health care for all' is a path following the lead of the Affordable Care Act," House Speaker Nancy Pelosi tells Jim Cramer.Health and Scienceread more
The pet food and product retailer posted net sales of $1.15 billion, topping estimates of $1.13 billion, according to a survey of analysts by Refinitiv.Retailread more
E-cigarette maker Juul Labs Inc.'s sales have been halted on two websites in China, just days after it launched in the world's biggest tobacco market.Biotech and Pharmaceuticalsread more
Getting patients to the doctor's office is a big cost for many insurers. That presents an attractive opportunity for Lyft and Uber, which to date have focused on consumers.
Non-emergency medical transportation is a $6 billion market, with most of that money going to cover the poor and elderly, who often don't have cars or can't drive. Medicare and Medicaid providers typically foot the bill.
CareMore Health System, which offers plans to those populations, started working with Lyft last year so caregivers could schedule and monitor rides for their patients.
Now the insurer is spending less money on rides and saving time. Within a three-month period in 2016, CareMore said it reduced wait times by 30 percent (from 12.5 minutes to 8.8 minutes) and the cost per ride decreased by one-third from traditional services, including taxis.
"We've saved more than $1 million in one year by shifting to Lyft," said Sachin Jain, president and CEO of CareMore, in an interview with CNBC.
To appeal to people without smartphones, Lyft built a web-based tool for caregivers, nurses and patients to schedule rides and track them in real-time. Rides can be scheduled more than 24 hours in advance.
"They don't need a smartphone or even a phone for that matter," said Gyre Renwick, who leads health partnerships at Lyft and previously managed the health services team at Google.
Renwick said the health business will expand in the coming years, and represent a bigger slice of the revenue pie as the company replaces traditional transportation services and provides better technology.
Uber is also exploring the market, and in 2016 introduced a pilot program with a start-up called Circulation to help its users get to their medical appointments. Circulation co-founder John Brownstein said this technology can work in other areas of the health system for services like delivering medications.
"There's a whole new world coming," he said.
CareMore's Jain said that partnering with Lyft has cut costs and improved patient satisfaction.
"The same services that we use as consumers are now being leveraged by our patients," he said.