FDA hits iRhythm with warning letter over problems at heart monitor facility
IRhythm can continue to manufacture and sell its products and does not expect the warning letter to materially affect its financial results.
Serial biotech founder Tim Springer on investing in startups and democratizing antibody research
Springer, who became a billionaire after investing in Moderna, spoke after gifting $210 million to his nonprofit institute in Boston.
BJC HealthCare, Saint Luke’s Health System plan to merge, forming $10B system
The organizations signed a non-binding agreement to form a 28-hospital system serving patients in Missouri, Kansas and Illinois.
Healthcare costs top $31,000 for family of 4 in 2023
After declining briefly in 2020, family healthcare costs are rising as the industry faces an uncertain macroeconomic environment.
Oak Street, post CVS acquisition, plans to enter 4 new states
Oak Street Health, which was acquired by CVS in May, plans to enter Arkansas, Iowa, Kansas and Virginia beginning this summer.
Medicaid changes, end of COVID emergency hampered hospital margins in April
Inflation and high expenses are placing a burden on hospitals as they recover from COVID-19 challenges. Hospital labor expenses rose 3% in April from March, according to Kaufman Hall.