Stocks of drug distributors and manufacturers fell after a Washington Post report on Tuesday evening identified a handful of companies as dominant sellers of opioids across the U.S. The hit to share prices suggests that investors haven’t fully priced in the fallout of the continuing opioid crisis.
CVS Health Corp. is making an ambitious move into kidney care, launching a clinical trial for a new home-dialysis device designed by the firm of Dean Kamen, the Segway inventor. The company is delving into unusual territory for a drugstore and health insurer.
Denise Wall, a Fresno area school teacher with more than $2,000 in medical bills, was outraged to hear she could get free care if she quit her job and enrolled her family in Medicaid. Brenda Bartlett, a factory worker in Nebraska, was so angry about $2,500 in medical bills she ran up using the coverage she got at work that she dropped insurance altogether. “They don’t give a rat’s butt about people like me,” she said.
Lifespan and Care New England have ended their merger talks little more than a month after the governor forced them to the negotiating table, injecting new uncertainty into the outlook for Rhode Island’s hospital industry.
Healthcare workers at three Beaumont hospitals are outraged by top executive’s swelling salaries in light of their struggle for better wages, more affordable health care and stronger staffing. Caregivers at Beaumont hospitals in Taylor, Trenton and Wayne will rally July 17 after discovering that Beaumont Health CEO John Fox’s compensation increased 82%, to more than $5.6 million, in 2017, according to a news release from SEIU Healthcare, Michigan’s largest healthcare union.
It’s been a busy quarter for UnitedHealth Group Inc. In June, UnitedHealth bought PatientsLikeMe, a startup that helps connect people with similar health conditions, and will become part of the insurer’s research operation.