Congress: Target the middlemen who drive up drug costs
“The PBM market lacks the three elements essential for competition — choice, transparency and a lack of conflict of interest,” antitrust attorney David Balto argues.
“The PBM market lacks the three elements essential for competition — choice, transparency and a lack of conflict of interest,” antitrust attorney David Balto argues.
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The work stoppage, which would have been the largest in the U.S. so far this year, had the potential to significantly disrupt operations at the nonprofit’s 14 hospitals and more than 200 clinics in the region.
“You saw how groups tightened their belts and there was some learning from this that you’re not going to let go of,” Elizabeth Siemsen, one of the report’s authors, said.
If officially nominated and confirmed by Congress, the cardiologist would return to lead an agency taxed by a heavy workload reviewing COVID-19 drugs and vaccines.
The pay increase will affect roughly 41% of the health system’s more than 75,000 employees. Workers set to see a boost in pay, include food and environmental service workers, pharmacy techs and licensed practical nurses.
The biotech claimed its NIH partners were involved only after a key discovery was made “by Moderna scientists using Moderna technology.” The dispute could end up in court.
The independent company, expected to be completed in early 2023, is being positioned as having more flexibility to pursue acquisitions as it sharpens its focus on precision health and struggles with supply chain shortages.
About half of employers with at least 200 workers reported healthcare utilization among their plan enrollees had been in line with expectations for the most recent quarter, but 32% said it had been below estimates.
A U.S. cybersecurity agency issued an alert about the weaknesses, one of which was scored 9.8 on a 10-point risk scale, which could allow hackers to disrupt the operation of anesthesia machines and bedside monitors.