News
CVS settles with FTC, agrees to count TrumpRx drug purchases towards insurance
3+ hour, 33+ min ago (556+ words) By Amina Niasse and Jody Godoy NEW YORK, July 14 (Reuters) – CVS Health’s Caremark has finalized a settlement with the U.S. Federal Trade Commission in which it agreed to curb use of after-market discounts known as rebates and count consumers…...
HCA cuts profit forecast as Obamacare coverage losses drive up uninsured patients
11+ hour, 53+ min ago (364+ words) By Sriparna Roy and Christy Santhosh July 14 (Reuters) – HCA Healthcare cut its annual profit forecast on Tuesday, citing a rise in the number of uninsured patients, largely those who dropped coverage under “Obamacare” plans. Americans are dropping off the plans…...
US agency announces interim guidance on Medicaid work requirements
1+ mon, 1+ week ago (424+ words) NEW YORK, June 1 (Reuters) – The U.S. agency that runs the Medicare and Medicaid programs on Monday announced interim guidance on how states should implement new work requirements for Americans enrolled in Medicaid health plans. The rule announced last year as…...
Prison health company YesCare lost 80% of revenue after malpractice verdict | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County
2+ mon, 3+ day ago (204+ words) By Dietrich Knauth May 11 (Reuters) - YesCare, which provides medical care to prisoners in nine U.S. states, has seen its revenue fall by 80% since being hit with a $307.5 million jury verdict over allegations of substandard medical care earlier this y......
UnitedHealthcare removes prior approval requirements for 30% of healthcare services
2+ mon, 1+ week ago (223+ words) May 5 (Reuters) – UnitedHealth will eliminate prior approval requirements for 30% of healthcare services, its insurance unit said on Tuesday, further reducing delays and paperwork for patients and doctors. Health insurers have been taking measures to simplify their requirements for prior authorization…...
White House to announce drug pricing deal with Regeneron
2+ mon, 3+ week ago (256+ words) WASHINGTON, April 23 (Reuters) – The White House will announce a drug pricing deal with Regeneron Pharmaceuticals at an event on Thursday afternoon, White House press secretary Karoline Leavitt said in a post on X. Regeneron is the last among 17 large pharmaceutical…...
Factbox-Global pharma companies that have publicly announced Trump drug pricing agreements
3+ mon, 1+ week ago (959+ words) April 2 (Reuters) – U.S. President Donald Trump secured agreements with 16 major pharmaceutical companies to bring U.S. prescription drug prices in line with those paid in other developed nations in exchange for three-year exemptions from tariffs on drug imports. Drugmakers have committed…...
Pharma companies left out of Trump’s drug-pricing deals look for way in
5+ mon, 3+ day ago (724+ words) SAN FRANCISCO, Feb 11 (Reuters) – Some pharmaceutical companies not targeted by President Donald Trump for agreements to lower their U.S. drug pricing are looking to craft their own deals in an attempt to avoid potentially onerous tariffs and new price-setting schemes,…...
Indian fintech firm Pine Labs posts quarterly profit on strong digital payments demand
5+ mon, 2+ week ago (172+ words) Jan 28 (Reuters) – Indian fintech firm Pine Labs reported a third straight quarterly profit on Wednesday, supported by strong demand as more users shift to digital payments. The company reported a profit of 423.9 million rupees ($4.6 million) for the quarter ended December…...
US proposes slight rise in 2027 Medicare insurer payments, shares fall
5+ mon, 2+ week ago (463+ words) By Siddhi Mahatole and Amina Niasse Jan 26 (Reuters) – The U.S. has proposed an average rate increase of 0.09% in payments to private insurers next year for the Medicare Advantage plans they manage, the government said on Monday, driving shares of the…...