by Jordana Choucair | Aug 30, 2021 | Payers
An Axios analysis of financial statements shows that hospitals, drug companies, health insurers, medical device manufacturers, and other health care suppliers generated record sales and profits during the second quarter. Annualized health care spending hit almost $4...
by Jordana Choucair | Aug 30, 2021 | Mental Health
CVS Health Corp. is expanding its counseling services program as the COVID-19 pandemic has prompted more people to seek help for addiction, depression, and other issues. Earlier this year, CVS started stationing mental-health providers, typically a licensed clinical...
by Jordana Choucair | Aug 30, 2021 | M&A
Catalent Inc. will buy Bettera Holdings LLC, a gummy and soft-chew vitamin and supplement manufacturer, for $1 billion. Catalent, which develops and manufactures drugs for pharmaceutical companies, had about $3.1 billion in sales last year. The all-cash deal comes as...
by Jordana Choucair | Aug 30, 2021 | Providers
The U.S. saw an average of 100,000 daily COVID-19 hospitalizations over the past week for the first time since winter. Hospitalizations nationwide have increased by nearly 500 percent in the past two months, particularly across Southern states where vaccination rates...
by Jordana Choucair | Aug 30, 2021 | Public Health/Prevention
HHS officials are expected to announce plans to launch an office tackling climate change as a public health issue. According to people familiar with the plans, the office it is expected to focus on initiatives that touch on health care, like offering protections for...
by Jordana Choucair | Aug 30, 2021 | Life Sciences
Biogen Inc. is offering its costly new Alzheimer’s disease treatment to some patients for free amid uncertainty around whether Medicare will reimburse for the controversial drug. Biogen has begun to provide Florida’s First Choice Neurology with free-of-charge...
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