Tuesday, December 7, 2021: Life Sciences

GlaxoSmithKline Plc said research shows its COVID-19 antibody treatment is effective against the full combination of mutations in the new omicron variant. Tests done in-vitro against a pseudo-virus that recreates a synthesized version of omicron showed that...

Tuesday, December 7, 2021: D.C. News

Moderate House Democrats facing difficult reelection battles in 2022 are urging President Biden and Congress to prevent cuts to Medicare payments to providers, which are slated to go into effect next month. In a letter, the representatives state that slashing...

Tuesday, December 7, 2021: D.C. News

President Biden called on Congress to pass his Build Back Better bill to contain “outrageously expensive” prescription drugs. The House-passed measure would cap insulin prices at $35 per month – which currently can cost anywhere from $375 to $1,000 per month – and cap...

Monday, December 6, 2021: Providers

An analysis from the American Medical Association found that Medicare spending on physician services fell an estimated $13.9 billion (14 percent) below expected levels in 2020. Despite a mid-year rebound after sharp declines early in the year, spending never recovered...

Monday, December 6, 2021: Health IT

CVS Health and Microsoft announced they are forming a strategic alliance to co-develop products around the areas of personalized care and digital health. CVS said it plans to use Microsoft’s computing capabilities to deliver more customized health...