Thursday, February 9, 2023: D.C. News

The Biden administration will soon release a roadmap to transition the U.S. out of the COVID-19 public health emergency. According to sources, the roadmap intends to try to lay out for the public in a clear way what the end of the declaration “does and does not...

Thursday, February 9, 2023: M&A

Abbott Laboratories has agreed to acquire Cardiovascular Systems Inc. (CSI) in a deal with a total equity value of about $890 million. In a statement, Abbott officials said the deal would strengthen its portfolio of devices treating vascular disease. The companies...

Thursday, February 9, 2023: Payers

A new survey from Willis Towers Watson revealed that employers are examining their relation with health and wellbeing vendors to ensure they are getting their money’s worth and receiving the services that the vendor said they would deliver. The survey found that 88...

Thursday, February 9, 2023: Payers

Centene Corp. has agreed to pay more than $215 million to California over allegations it overcharged the state for pharmacy services. The agreement makes California at least the 17th state to settle pharmacy billing claims totaling $939 million with Centene and the...

Thursday, February 9, 2023: Payers

UnitedHealthcare announced UnitedHealthcare Rewards – a new wearables-based rewards program for members and their spouses. Via the program, eligible members can earn up to $1,000 per year by using wearable devices to complete health goals and activities. The insurer...

Thursday, February 9, 2023: Payers

The Department of Justice (DOJ) announced that it collected $2.2 billion in False Claims Act settlements and judgments for the federal fiscal year 2022, with over $1.7 billion related to the health care industry. The $1.7 billion in collections range from fraud in...