Home-based care startups in the digital health space are starting to figure out what lane they should be driving in as they adapt to a new investment environment. Despite some troubling figures from investments made in digital health, insiders with Rock Health Advisory say that a shift in strategy, and a willingness to partner with other like-minded companies, is helping […]
Goonies never say die! A shipwreck discovered off the coast of Oregon may have been the inspiration for the cult classic film. Today in health care, President Biden used his ongoing recovery from COVID-19 to extol the advancements in treatments that have come about since he took office. Welcome to Overnight Health Care, where we’re following the latest moves on policy and news […]
Teladoc Health’s acquisition of Livongo continues to haunt its balance sheets as the Purchase, New York-based company posted significant losses in the first half of 2022. Teladoc said it posted a net loss of $3.1 billion in the second quarter of 2022 and a $9.7 billion loss for the first half of the year. The losses are primarily due […]
Home care providers likely exhaled a sigh of relief when the American Rescue Plan passed last year, earmarking funds intended to enhance home- and community-based services (HCBS). And they’re once again breathing easier now that the U.S. Department of Health and Human Services (HHS) – through the U.S Centers for Medicare & Medicaid Services (CMS) – announced that states would […]
As U.S. opioid deaths mounted in 2016, the incoming head of the Food and Drug Administration promised a “sweeping review” of prescription painkillers in hopes of reversing the worst overdose epidemic in American history. Dr. Robert Califf even personally commissioned a report from the nation’s top medical advisers that recommended reforms, including potentially removing some drugs from the market. But […]
The Senate Finance Committee recently released legislative text to be included in a forthcoming reconciliation bill that includes several provisions to lower prescription drug costs for people with Medicare and private insurance and reduce drug spending by the federal government. The prescription drug provisions in the Senate reconciliation legislation would reduce the federal deficit by $288 billion over 10 years […]
World Health Organization (WHO) Director-General Tedros Adhanom Ghebreyesus on Wednesday advised that men who have sex with men adjust how they go about sexual encounters amid the monkeypox outbreak, recommending that they reduce their number of sexual partners and reconsider initiating sex with new partners. During a briefing, Tedros stated more than 18,000 monkeypox cases have been reported globally, with […]
Women’s health pharmaceutical company ObsEva recently welcomed two regulatory approvals in Europe for its uterine fibroids drug, but that pill has hit a wall at the FDA so the biotech has decided to walk away from the drug altogether. The drug, linzagolix, was set for regulatory decision by Sept. 13. ObsEva said Wednesday that the FDA has flagged deficiencies […]
A Texas physician filed a $25 million defamation lawsuit against Houston Methodist Hospital and its CEO Monday, claiming public statements they made harmed her reputation, career and safety. Dr. Mary Talley Bowden, an otolaryngologist who formerly worked at the health system, has used social media to make claims about harmful side effects from COVID-19 vaccines. Bowden filed a separate lawsuit […]
Humana raised its profit estimates for the full year after reporting lower than expected medical costs during the second quarter. “The lower utilization trends and lack of COVID headwinds seen to date, give us confidence in raising our full year adjusted [earnings per share] guide,” Humana CFO Susan Diamond said Wednesday on a call with investors. Humana’s net income increased […]