Friday, November 18, 2022: D.C. News

House Speaker Nancy Pelosi will relinquish her leadership post, a move that marks the end of an era and sets up a shakeup for House Democrats. Pelosi’s announcement came one day after late midterm results projected Republicans will win control of the House....

Friday, November 18, 2022: Life Sciences

The Food and Drug Administration (FDA) approved the first drug to prevent type 1 diabetes. Tzield, from ProventionBio and Sanofi, was approved to delay the onset of stage 3 type 1 diabetes in adults and children ages 8 and up who currently have stage 2 type 1...

Friday, November 18, 2022: Payers

Centene announced it will sell its Magellan Specialty Health to administrator Evolent Health (Evolent) as part of the insurer’s ongoing efforts to jettison its non-health plan businesses. Evolent will pay at least $400 million in cash and approximately $200 million in...

Friday, November 18, 2022: Providers

The American Medical Association (AMA) adopted a new policy that aims to protect residents who are training at teaching hospitals bought by private equity firms. The policy is in response to concerns that firms are trimming operations to increase profits following...