by Jordana Choucair | Sep 3, 2021 | M&A
Baxter announced it will acquire Hillrom, a global medical technology leader, in an all-cash deal valued at $10.5 billion. The deal will help Baxter’ “augment and optimize” its connected care portfolio. The deal is expected to close by early 2022 and to...
by Jordana Choucair | Sep 3, 2021 | Life Sciences
A CDC survey of blood donations shows that more than 80 percent of Americans 16 and older have some level of immunity against COVID-19. The results also indicate that about twice as many people have been infected with the virus as have been officially counted. More...
by Jordana Choucair | Sep 3, 2021 | D.C. News
Senator Joe Manchin said Democrats should “hit the pause button” on their $3.5 trillion spending proposal. In a Wall Street Journal op-ed, Manchin stated that rising inflation and a soaring national debt necessitate a go-slow approach and a “significantly” smaller...
by Jordana Choucair | Sep 2, 2021 | Providers
A judge ruled against dozens of hospitals that sued HHS over changes for disproportionate share hospital payments. The federal judge sided with HHS, stating that the hospitals’ desire to recalculate those payments was outside of her review per the Medicare Act....
by Jordana Choucair | Sep 2, 2021 | Opioid/Substance Use Disorders
A federal judge conditionally approved Purdue Pharma LP’s bankruptcy settlement, requiring the Sackler family to pay $4.5 billion over nine years to fund addiction treatment and prevention initiatives across the country. The settlement also requires that the...
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