6 questions for the medtech industry if Congress doesn’t reauthorize FDA user fees on time
If Congress doesn’t pass the legislation before Sept. 30, furloughs and delays lie ahead for the agency.
CVS could look to regional buys as it plans primary care acquisitions
“We can’t be in … primary care without M&A. We’ve been very clear about that,” CEO Karen Lynch said during an earnings call Wednesday.
Cigna’s Q2 profit climbs to $1.6B as fewer patients seek care
The payer raised its revenue and operation income targets for the year as a result of the quarterly performance.
Biden’s executive order seeks to ease access to abortion across state lines
The order follows the DOJ’s decision to sue Idaho over its near-total abortion ban as the end of Roe has left states to decide whether to ban the procedure.
Fitch downgrades CHS from stable to negative after discouraging earnings report
The move reflects “significant increases in labor costs and weakness in volumes and acuity mix driving a downturn in the company’s revenue and margin levels,” according to a release.
Number of uninsured Americans falls to all-time low
Policy experts are worried, however, that progress on health coverage expansion will be threatened when a moratorium on Medicaid disenrollment ends.
CVS beats Q2 expectations, Aetna revenue rises nearly 11%
The company raised its full-year guidance despite a $77 million decrease in adjusted operating income, primarily due to declines in its retail segment.
Biden selects monkeypox response team
The president tapped two leaders with emergency management and public health backgrounds to lead the nation’s response to the disease as cases continue to climb.
2K Kaiser mental health clinicians to strike in Northern California
Planned strikers include psychologists, therapists, chemical dependency counselors and social workers who say they’re stretched too thin and unable to provide adequate care to patients with mental health conditions.
Volumes, net income down across for-profit hospitals in Q2
COVID-19 patient volumes fell rapidly from the first to second quarter across chains’ hospitals as case counts waned, executives said on calls with investors.