Author's posts
CVS expects to benefit from Aetna merger in first quarter
CVS Health leadership said despite a federal judge’s ongoing review of the company’s merger with Aetna, they are “one company” and expect benefits to begin accruing in the first quarter, with medical cost savings by the end of the year.
FDA launches new office to rethink how drugs are reviewed
Speaking via livestream at the J.P. Morgan Conference, FDA Commissioner Dr. Scott Gottlieb announced a broad restructuring of the Office of New Drugs to make the approval process more structured, with data coming from the cloud.
Abitrators excuse Quorum Health from paying $9 million to CHS, but award no damages
Quorum Health will have to pay its former parent company $1.5 million in disputed payments, while CHS owes Quorum $2.1 million.
California’s path to lower drug prices
Other populous states should take a close look at what California is doing. Smaller states may want to form compacts with their neighbors to pursue something similar. Gov. Gavin Newsom has offered a practical approach to achieving more reasonable…
Healthcare executives expect M&A to boost business in 2019
Nearly three-quarters of 291 senior executives polled said they expect better business performance in 2019 than last year, fueled primarily by mergers and acquisitions.
Calif. governor doubles down on Obamacare, drug price negotiation
New Democratic Gov. Gavin Newsom of California wants the state to fund more subsidies for Obamacare and negotiate prices with drugmakers.
CMS grants ACOs easier access to SNF waivers
The CMS will give Medicare ACOs that take financial risk expanded access to waivers of the three-day inpatient stay rule for coverage of skilled-nursing facility care.
CMS taps Chris Traylor as top Medicaid director
The CMS named Chris Traylor to lead federal Medicaid policy as acting director of the Center for Medicaid and CHIP Services.
Providence St. Joseph unveils $150 million venture capital fund
Providence St. Joseph Health’s venture capital arm is closing on a second $150 million healthcare fund. Providence Ventures plans to invest in 15 additional companies, bringing its total number of portfolio companies to 30.
NYC mayor guarantees health coverage for 600,000 uninsured residents
New York City Mayor Bill de Blasio said the city will guarantee health care for all the city’s 600,000 uninsured people, including undocumented immigrants.
