Teva Pharmaceutical shares were lower after a report said U.S. prosecutors are preparing to charge the drugmaker with conspiring with competitors to raise prices for generic drugs.
In late August 2019, Shannon Harness awoke to serious pain in the lower right side of his abdomen — a telltale sign of appendicitis. He booked it to the emergency room of the only hospital in the county: Heart of the Rockies Regional Medical Center in Salida, Colorado. After a CT scan, doctors told Harness he had acute appendicitis and required immediate surgery.
The Department of Health and Human Services told hospitals in April that reporting to the vendor, TeleTracking Technologies, was a “prerequisite to payment.” The Trump administration tied billions of dollars in badly needed coronavirus medical funding this spring to hospitals’ cooperation with a private vendor collecting data for a new Covid-19 database that bypassed the Centers for Disease Control and Prevention.
Jerome Antone says he is one of the lucky ones. After becoming ill with COVID-19, Antone was hospitalized only 65 miles away from his small Alabama town. He is the mayor of Georgiana — population 1,700. "It hit our rural community so rabid," Antone says. The town's hospital closed last year. If hospitals in nearby communities don't have beds available, "you may have to go four or five hours away."
Even after the pandemic forced a statewide shutdown of elective medicine, the Mayo Clinic managed to make money between April and June and is now considering a giveback of millions in federal funds that helped hospitals struggling with the spread of COVID-19.
St. Peter’s Health Partners will lay off 76 employees this fall as part of a departmental restructuring that was planned prior to the coronavirus pandemic, the local health system said.