by Jordana Choucair | Dec 21, 2021 | M&A
Oracle will buy Cerner, one of the largest vendors of electronic health record systems, for $28.3 billion in cash. The move positions Oracle as an even bigger health care player, as 25 percent of all hospitals use Cerner’s electronic records system. Oracle could...
by Jordana Choucair | Dec 21, 2021 | Life Sciences
Biogen said that it has reduced the price of its Alzheimer’s drug Aduhelm by half. The moves follow a disappointing commercial launch of Aduhelm, as well as anger over the drug’s high price. Biogen also said it is planning a series of cost-cutting measures across the...
by Jordana Choucair | Dec 21, 2021 | D.C. News
President Biden will announce today that his administration is purchasing half a billion rapid tests. The first shipment will arrive in January, after which Americans will be able to get tests delivered by mail to them for free via a federal website. The president...
by Jordana Choucair | Dec 20, 2021 | Public Health/Prevention
Dr. Anthony Fauci said that the U.S. is likely in for a hard winter as the Omicron COVID-19 variant spreads rapidly. “It’s going to take over,” Fauci said, urging Americans to get vaccinated and get their booster shots. According to the World Health...
by Jordana Choucair | Dec 20, 2021 | Payers
According to the CMS, insurers gave out approximately $2 billion in rebates for 2020 to nearly 10 million consumers under the ACA’s medical loss ratio provision. Health insurers provided approximately $1.3 billion in rebates in the individual market, $384 million in...
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