Category: ROOT

3 fast facts on private equity 

Here are three stats on private equity’s healthcare boom:

New antibiotic for UTIs is ready for FDA approval, company says

Drug company GSK stopped its new antibiotic drug study a year early and is preparing to submit for FDA approval after finding it effective in treating urinary tract infections, CNN reported Nov. 3.

With 282M vaccine jabs, pharmacists saved healthcare $450B, study estimates

Pharmacist-administered COVID-19 vaccines have averted 1 million U.S. deaths and saved $450 billion in healthcare costs, according to estimates published in the Journal of the American Pharmacists Association. 

28 recent hospital, health system executive moves

The following hospital and health system executive moves have been reported by Becker’s Hospital Review since Oct. 28: 

Healthcare sector among leaders in hourly earnings

Average hourly earnings for U.S. workers rose 0.4 percent in October, up from 0.3 percent in September and rising 4.7 percent from 2021. The healthcare, professional and technical services, and manufacturing sectors led those gains, according to a Nov….

BQ.1 + BQ.1.1 make up 35% of US cases: 10 CDC findings

Omicron subvariants BQ.1 and BQ.1.1 — dubbed ‘escape variants’ for their immune evasiveness — now account for more than a third of U.S. COVID-19 cases, according to the CDC’s COVID-19 data tracker weekly review published Nov. 4

Europe approves Sanofi’s RSV prevention treatment

The European Commission approved Sanofi and AstraZeneca’s respiratory syncytial virus preventive drug Nov. 4 while the U.S. faces a surge and a lack of RSV treatments. 

Allscripts reports $152M in Q3 revenue

Allscripts reported a consolidated revenue of $152 million in the third quarter, up 30 percent year over year. 

St. Luke’s suffers 3rd-party data breach

Houston-based St. Luke’s Health is notifying patients about a third-party data breach at consulting services vendor Adelanto Healthcare Ventures that resulted in the protected health information of 16,906 patients to be compromised. 

Chicago practice manager sentenced to prison for illegally writing 3K+ opioid prescriptions

An office manager at a Chicago medical practice has been sentenced to a year in federal prison for illegally writing prescriptions for opioids, the U.S. Justice Department.