by Jordana Choucair | Nov 9, 2021 | Providers
The Lown Institute released its Hospitals Index – the first ranking to evaluate cost efficiency for more than 3,000 U.S. hospitals. The Lown Institute analysis found wide variation in cost, even among hospitals of the same type, size, region, and with similar...
by Jordana Choucair | Nov 9, 2021 | Payers
General Electric announced it will split into three companies following years of seeing its stock underperform. The company will be divided into separate units focused on aviation, health care, and energy. GE plans to spin off the health care unit by early 2023 and...
by Jordana Choucair | Nov 9, 2021 | M&A
Tenet Healthcare announced it has entered into a definitive agreement to acquire SurgCenter Development. Under the agreement, Tenet and its subsidiary United Surgical Partners International will acquire ownership interests in 92 ambulatory surgery centers (ASCs) and...
by Jordana Choucair | Nov 9, 2021 | Life Sciences
Pfizer is expected to seek FDA authorization as soon as this week for a booster shot for people 18 and older. According to three officials, the agency is likely to clear the shots. The move could increase booster rates at a time when COVID-19 cases and deaths appear...
by Jordana Choucair | Nov 9, 2021 | Life Sciences
Merck & Co. announced that the federal government will buy another $1 billion worth its COVID-19 pill called molnupiravir. The government spent $1.2 billion on 1.7 million courses of the drug in June and is now exercising its option to buy 1.4 million more. In...
by Jordana Choucair | Nov 9, 2021 | D.C. News
The Biden administration defended its COVID-19 vaccination mandate for large employers in a court filing, arguing that the requirement is necessary to prevent hospitalizations and deaths and that it falls within the Department of Labor’s authority. The court...
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