Tuesday, February 7, 2023: Life Sciences

Senate Finance Committee Chairman Ron Wyden vowed that Democrats intend to protect Medicare drug price negotiation measures passed last year as part of the Inflation Reduction Act and that the pharmaceutical industry is targeting. Wyden said during an event that...

Tuesday, February 7, 2023: M&A

CVS Health is closing in on a deal to acquire Medicare-focused primary care company Oak Street Health for about $10.5 billion including debt. Per the Wall Street Journal, if the companies agree to the terms, the deal could be announced as soon as this week. Oak Street...

Tuesday, February 7, 2023: Providers

The U.S. District Court for the Eastern District of Texas ruled in favor of the Texas Medical Association’s (TMA) motion for summary judgment in its lawsuit opposing certain components of the surprise billing rule. The TMA filed this lawsuit in September alleging the...

Monday, February 6, 2023: Life Sciences

A Wall Street Journal article examines how Amazon’s new RxPass prescription service and Mark Cuban’s Cost Plus Drug Co. are increasing the downward pressure on the cost of generic drugs. The competition from both entities has instigated more established players...

Monday, February 6, 2023: Mental Health

Governors in at least a dozen states—including California, Ohio, South Carolina. and Georgia—are pushing for more money for mental health. The budget proposals seek to address the nationwide scarcity of mental health workers, the mental health needs in schools, and...