Category: Healthcare Finance News

HHS provides $590 million to Moderna amid vaccine controversy 

Three days before President Donald Trump was sworn into office, the Department of Health and Human Services announced the award of $590 million to Moderna to accelerate the development of mRNA-based pandemic influenza vaccines.
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DOJ sues Walgreens for dispensing alleged illegal prescriptions

The Department of Justice has filed a lawsuit against Walgreens Boots Alliance and its subsidiaries for allegedly dispensing millions of unlawful prescriptions in violation of the Controlled Substances Act.
According to the lawsuit, Walgreens then soug…

New York putting $188 million toward cancer center

New York State is investing in seven hospitals and healthcare partnerships, with preliminary approval part of the Healthcare Safety Net Transformation Program. This includes a $188 million investment in Jamaica Hospital and Memorial Sloan Kettering to …

What Trump and the GOP have planned for healthcare

Health systems are rightly concerned about Republican plans to cut Medicaid spending, end ACA subsidies and enact site neutral payments, says consultant Michael Abrams, managing partner of Numerof, a consulting firm.
“Health systems have reason to worr…

Sutter Health makes $1 billion AI deal with GE

California-based Sutter Health is entering into a seven-year partnership with GE Healthcare designed to integrate artificial intelligence technology into its health system operations, the organizations said this week.

AdventHealth Parker plans $300 million expansion

Colorado–based AdventHealth Parker is planning a $300 million expansion project that includes a new patient tower with additional operating rooms and surgical beds.

Teva files lawsuit against drug-price negotiations

Teva Pharmaceuticals has joined other drug makers in filing a lawsuit against the Department of Health and Human Services for the drug-pricing provisions of the Inflation Reduction Act.

15 more drugs selected for Medicare drug price negotiations

Fifteen additional drugs that are covered under Medicare Part D have been selected for price negotiations by the Department of Health and Human Services, the government agency said today.

44 million people enrolled in ACA programs, KFF finds

Upward of 44 million people, or 16.4% of the non-elderly U.S. population, have been covered by an Affordable Care Act initiative, including health plan enrollment and Medicaid expansion, finds a new KFF report.

Teladoc teams with Amazon on chronic care

Virtual care company Teladoc Health has announced it is teaming with Amazon to expand access to its telehealth chronic condition programs.
Amazon customers who are eligible for Teladoc Health’s diabetes, hypertension, pre-diabetes and weight management…