Category: Static

Biogen to buy rare disease drugmaker for $7.3B

Biogen has agreed to pay $7.3 billion to acquire Reata Pharmaceuticals — the maker of a new treatment for a rare genetic disorder. The deal is expected to close by the end of the year. 

Walgreens seeks CFO with healthcare experience

Walgreens Boots Alliance continues to expand its healthcare offerings as it aims to compete against more vertically integrated entities such as CVS Health, and it wants its next CFO to come with healthcare experience.

All shortage-vulnerable Pfizer drugs are already in short supply

Of the 13 Pfizer essential drugs the United States Pharmacopeia named as the most likely to go into new or worsened shortages, all of them are already in short supply. 

California county hospital staff get 13% raise in tentative labor deal

Service Employees International Union Local 521 has reached a tentative agreement on a successor contract with Santa Clara County in California.

11 best cancer centers as employers for women: Forbes

Eleven major cancer centers, or health systems with notable ones, have made Forbes’ 2023 list of best places to work in the U.S. for women. 

Florida physician convicted of 14 counts of drug trafficking

A Florida physician was found guilty of 14 counts of unlawfully distributing and dispensing controlled substances without a legitimate medical purpose and 5 counts of obstructing justice.

Nursing students to earn $14 per hour at Texas system

South Texas College in McAllen is the first college in the nation to offer a registered apprenticeship program for nursing, the organization said July 31. 

Some injectable drugs to sidestep Medicare negotiations until 2030s

Injectable versions of some widely used cancer drugs may be excluded from the new Medicare price negotiations until the 2030s, Reuters reported July 28.

Hospital margins improve to 1.4%

The median year-to-date operating margin index for hospitals improved to 1.4 percent in June, according to Kaufman Hall’s latest “National Flash Hospital Report,” which is based on data from more than 1,300 hospitals.

HCA lowers risk amid Envision's bankruptcy, American Physician Partners collapse

Nashville, Tenn.-based HCA Healthcare has taken steps to secure its physician management strategy after Dallas-based Envision Healthcare filed for bankruptcy earlier this year.