Lifespan on Wednesday morning reported a net loss of $35 million for the fiscal year that ended Sept. 30. Dr. Timothy J. Babineau, Lifespan president and CEO, said a number of measures including an early retirement plan are being implemented with the goal of returning to the black in 2020.
"That's mad!" the British woman exclaimed at learning the average price to have a baby uninsured in the United States. The price tag? $30,000. The viral video of British citizens reacting to the costs of various health care procedures in the U.S. is now being used by some American politicians as well.
UnitedHealth Group plans this month to open its 500th pharmacy that’s focused on the behavioral health care needs of certain clinic patients. The pharmacy is part of a business that UnitedHealth Group acquired last year and exemplifies how the Minnetonka-based health care giant has diversified beyond UnitedHealthcare, the core health insurance business that remains the largest carrier in the county.
Americans rarely switch to new health plans when the annual insurance-shopping season comes around, even if they could have gotten a better deal. The bottom line: People loathe shopping for health plans, and many are bad at it, for one major reason: "It's just too hard," Tricia Neuman, a Medicare expert at the Kaiser Family Foundation, told me last year.
The chief executive officer of OxyContin-maker Purdue Pharma LP should not collect a potential $1.3 million bonus when he has been accused of contributing to the opioid epidemic, a group of state attorneys general said in a court filing on Monday.
Biogen’s stock could fall as much as 10% once it releases new data this week on its Alzheimer’s drug, analyst Brian Skorney says. “We do not think that data validates anything near receiving approval from the FDA,” he adds.