Category archives for: Industry News

Stopping cost-sharing subsidies is a money loser for feds

If the federal government stops payments to insurers for cost-sharing subsidies under the Affordable Care Act, it will pay more for premiums, according to a new study.

Doc Halo secures $11 million in funding

The series A funding comes to the secure communications platform from Bain Capital Ventures.

BREAKING: PBM Express Scripts loses biggest client Anthem

Express Scripts’ shares plummeted more than 10% in the wake of the news that it lost its largest client. Anthem accounts for about 18% of the pharmacy benefit manager’s revenue.

Becton Dickinson will pay $24 billion to purchase another medical supply company

Franklin Lakes, New Jersey-based Becton Dickinson expects the acquisition of C. R. Bard to boost sales in foreign markets such as China, where it estimates it can earn annual revenue of $1 billion.

Surgeon General Murthy steps down at Trump's request

U.S. Surgeon General Vivek Murthy resigned his post at the request of President Donald Trump, according to reports Friday evening.

FDA Approves Renflexis (infliximab-abda), a Biosimilar to Remicade

April 21, 2017 — FDA today approved Renflexis (infliximab-abda) for multiple indications. Renflexis is administered by intravenous infusion. This is the second FDA-approved biosimilar to U.S.-licensed Remicade. A biosimilar product is a biological…

Kaiser Permanente chief says members are flocking to virtual visits

More than half of physician encounters with Kaiser Permanente’s 11.7 million members are now virtual as the health system spends big to enable convenient care, CEO Bernard Tyson told a Nashville luncheon audience Friday.

Ratings agencies lower MetroHealth's bond ratings

Three major ratings agencies recently downgraded MetroHealth’s long-term ratings, but they all remain relatively optimistic about the Cleveland-based health system’s ambitious plan to overhaul its main campus at a cost of nearly $1 billion on its…

Tougher immigration enforcement is taking a toll on healthcare

The Trump administration’s more aggressive policy of detaining and deporting undocumented immigrants is posing new challenges for healthcare providers who serve immigrant communities.

Humana to focus on Medicare Part D and Medicare Advantage patients in 2017

The insurer celebrates a healthy fiscal year by doubling down on Medicare Advantage and Medicare Part D.

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