Everything about Healthcare News
Everything about Healthcare News
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FTC sues big pharmacy profit professionals over insulin costs The agency brought motion from Caremark, Convey Scripts and Optum Rx, arguing their “anticompetitive and unfair” rebating tactics “artificially inflated” the record price of life-conserving insulin drugs.
Financial investment in electronic health and fitness companies reached many years-low degrees last 12 months following starting to decline in mid-2022. Better curiosity charges minimal venture capital’s capability to elevate cash, and lower valuations plus a frozen IPO sector additional diminished out there hard cash for startups. Nevertheless the drop isn’t an entire collapse to the field. Somewhat, it reflects a normalization following the financial investment explosion in 2021, gurus claimed.
Why Cigna is capping Value raises for pricey GLP-1 weightloss drugs The transfer — the main of its kind — arrives as pharmacy reward administrators go on to try to establish their value to shoppers, and reveals how main players are shoring up to meet sky-superior GLP-1 desire.
Healthcare organizations will require to get seriously interested in cybersecurity this year, and They could experience enhanced regulatory force to tamp down data breaches, industry experts reported.
Final thirty day period, CVS Wellness claimed it might layoff two,900 personnel amid a multibillion greenback Expense saving initiative. The corporate could possibly be Checking out breaking apart its insurance policies and retail organizations, In keeping with media stories.
In Trade for cash, Steward promised its hospitals as collateral. Price instructed the court docket the Massachusetts offer undercuts the lenders’ ability to secure their loan.
A Cigna-Humana merger could confront a protracted regulatory hold off. But it might get accepted. As rumors swirl which the two big well being insurers are inching towards a merger, industry experts say antitrust organizations have grounds to dam a offer — but is probably not effective.
MA rates to reduce on ordinary in 2025 The CMS explained rates, Rewards and program choices will maintain continual in 2025, at the same time as insurers have warned get more info they might cut MA offerings inside of a bid to preserve profits.
Developments shaping the business enterprise of wellness insurance coverage in 2024 The uninsured fee will rise. Medicare Gain enrollment will swell, with significantly less instability. Major pharmacy advantage professionals will start extra transparent goods. Below’s what marketplace watchers predict in 2024.
Humana and CVS are downsizing their Medicare Advantage designs for 2025. Which insurers could gain? Countless thousands of seniors could swap plans for the duration of up coming calendar year’s open up enrollment, based on how greatly the MA current market giants slash Gains in an attempt to boost gains.
Microsoft unveils new healthcare AI tools The goods include things like a provider that helps healthcare companies Create their unique AI agents that might be useful for appointment scheduling, medical trial matching and affected individual triage.
Key clinic and company trends in 2024 As trim running margins continue to problem hospitals, gurus forecast providers will trim needless fees and give attention to strategic labor investments.
“Vendors of infused remedies have ongoing to facial area a challenging atmosphere for their most highly specialised, complex services, and Coram hasn't been immune to these troubles,” a CVS spokesperson mentioned about The newest closures. “Therefore, We have now reevaluated our assistance offerings.”
J&J drops 340B rebate strategy next governing administration strain Threatened with steep sanctions and dropping access to Medicare and Medicaid, Johnson & Johnson is rolling back again a approach to give hospitals after-the-fact rebates for medicine from the 340B drug low cost application.