by Jordana Choucair | Jul 22, 2022 | M&A
Amazon announced it plans to acquire One Medical in an all-cash deal valued at approximately $3.9 billion including the company’s net debt. Founded in 2007, One Medical has established itself as a tech-integrated and consumer-focused primary care platform. It...
by Jordana Choucair | Jul 22, 2022 | Public Health/Prevention
House Oversight and Reform Committee Chairwoman Carolyn Maloney asked the Department of Health and Human Services (HHS) to address the “barriers” to monkeypox treatment. Maloney noted that there have been numerous reports about limited testing capacity and vaccine...
by Jordana Choucair | Jul 21, 2022 | Health IT
Apple published a report outlining its contributions to “science-based technology” and health care. The 60-page report states that the company is increasing access to health data, which is helping patients and providers share medical information and support clinical...
by Jordana Choucair | Jul 21, 2022 | Health IT
The Department of Justice (DOJ) charged 36 defendants with using telehealth to defraud Medicare. Allegedly, the defendants engaged conducted $1.2 billion in medical fraud, with much of that coming from phony telehealth claims for unnecessary genetic tests and medical...
by Jordana Choucair | Jul 21, 2022 | Life Sciences
Senate Finance Chairman Ron Wyden outlined several additional prescription drug reforms that he wants Democrats to tackle after the reconciliation bill. Wyden said that plans to allow Medicare to negotiate drug prices and to fine drugmakers that hike prices at a...
by Jordana Choucair | Jul 21, 2022 | Payers
Elevance CEO Gail Boudreaux informed investors that the insurer will no longer provide group Medicare Advantage coverage to New York City retirees. According to Boudreaux, the insurer “needed greater certainty” to continue with the contract amid delays and ongoing...
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