FDA approval of a new Arcutis Biotherapeutics drug for plaque psoriasis enables the company to roll out a strategy it believes will win over both payers and patients—lower prices. Arcutis set an $825 wholesale price for each tube of its topical drug, roflumilast, which will be marketed under the brand name “Zoryve.” By comparison, Dermavant Sciences’ new plaque psoriasis drug […]
Happy Spider-Man Day everyone! As journalists, we’ll be observing this holiday by trying to get pictures of Spidey for the newspaper. In health care news, a bipartisan group of senators want to codify abortion rights into law, after a Democratic-only effort failed. Welcome to Overnight Health Care, where we’re following the latest moves on policy and news affecting your health. […]
Two weeks ago, a team of four founders launched Engage Venture Partners, a Minneapolis-based venture capital firm focused on early stage medical tech companies. Engage is situated in Minnesota’s Medical Alley. With more than 1,000 healthcare tech companies calling the region home, the area is one of the country’s hottest incubators for medical technology innovation. The founding team established Engage […]
Medicare payments for hospital inpatient services will rise 4.3% in fiscal 2023 under a final rule the Centers for Medicare and Medicaid Services published Monday. That amounts to (A) pay increase of about $2.6 billion and is higher than the 3.2% rate hike CMS proposed in April. Hospital trade groups asked CMS to use its “exceptions and adjustments” authority to […]
The home health industry at large is excited about the prospects of the Choose Home Care Act of 2021. For now, it’s been tabled in Washington, D.C., due to a variety of reasons, including it being an election year. It’s also – to some extent – been cast aside in home providers’ minds, given all the mayhem going on related […]
Unlike the early days of the COVID-19 pandemic, vaccines protecting against monkeypox have already been developed. But due to rising demand from the unexpected global outbreak, supply of the jabs remains limited. Vaccination is currently available on a limited eligibility basis, accessible through local and state health departments predominantly to people with direct exposure to the virus. Cases have been […]
Apple is providing a snapshot of how its products are helping two categories of healthcare: consumers’ personal health and fitness and the general medical community. In both categories of healthcare, Apple is working with third-party developers, health institutions and organizations to provide innovative technology, the company said in a nearly 60-page report. “We believe passionately that technology can play a […]
Policymakers should tackle the consolidation of dialysis providers, as it could lead to negative downstream effects for Medicare Advantage beneficiaries, a study published Monday in Health Affairs suggested. Researchers at the University of Southern California found three large Medicare Advantage insurers paid 127% of fee-for-service Medicare costs for dialysis treatment in 2016 and 2017. If the number of dialysis patients enrolling in […]
Imagine you’re diagnosed with a serious illness – bad news. But don’t worry, there’s a treatment – good news. It is clinically tested, FDA-authorized, and has been shown to have a lower risk of complications or side effects than traditional treatments. Great news, right? Well, only if you can afford to pay for it out-of-pocket. This frustrating scenario is soon […]