Tuesday, January 4, 2022: Payers

Starbucks Corp. announced that it will require all workers in its U.S. cafes, offices and manufacturing plants to be vaccinated by February 9 or get tested weekly. The company is one of the first large restaurant chains to take such a step ahead of potential federal...

Tuesday, January 4, 2022: Life Sciences

The CMS dropped a Trump-era rule that would have tied Medicare prices for some outpatient drugs to the lowest prices paid by other wealthy countries, citing procedural issues with how it was initially put in place. The rule, known as the most favored national policy,...

Tuesday, January 4, 2022: Life Sciences

Drug companies raised the prices on hundreds of medications on January 1, with most prices up five to six percent on average. Thus far, companies have raised wholesale prices by a median of 4.9 percent on more than 450 prescription medicines. According to the...

Tuesday, January 4, 2022: Life Sciences

Elizabeth Holmes, founder of the blood testing startup Theranos, was found guilty of four of 11 fraud charges, a verdict she is expected to appeal. Holmes was also found not guilty on four counts related to defrauding people who had used the company’s blood...