As cancer becomes the leading condition driving up employers’ costs, two companies are teaming up to combat the issue. The partnership is between digital health company Carrum Health and biotechnology company GRAIL. Carrum is a value-based platform connecting employers and employees to Centers of Excellence. GRAIL, meanwhile, is the developer of Galleri, an early-detection cancer test for more than 50 […]
Globally, shifting patient demographics, an aging population, a substantial proportion of patients with long-term diseases, and growing health-care expenses have put enormous strain on physicians and the health systems they serve (not to mention the impact of a worldwide pandemic!). Adding to this, the democratization of knowledge and increased accountability that come with changing patient and social expectations have increased […]
Jazz Pharmaceuticals, which has a goal of bringing at least five novel medicines to the market by the end of the decade, is adding another contender to its pipeline by striking a deal for a Zymeworks drug in pivotal testing as a treatment for two cancers of the digestive system. According to the terms of the agreement announced Wednesday, Jazz […]
Novavax on Wednesday received Food and Drug Administration authorization for a booster dose of its COVID-19 vaccine. Yet unlike the bivalent mRNA vaccines currently on the market, Novavax’s booster only targets the original strain of the virus, rather than the original strain and the omicron BA.4/BA.5 subvariants. The company is studying an omicron-specific vaccine, but executives have said they think […]
Bright Health Group has closed a $175 million investment round as the health insurer works to stabilize its troubled finances. The insurtech sold 175,000 shares of Series B stock to support its newly “focused business,” the company announced Wednesday. The capital raise follows a strategic pivot to focus solely on Medicare Advantage and on direct patient care through its NeueHealth provider arm. Bright Health […]
House Minority Leader Kevin McCarthy (R-Calif.) sought to tamp down worries that a GOP majority would use raising the federal debt ceiling as leverage to secure reforms on entitlement programs like Social Security and Medicare after a comment of his spurred Democratic attacks. “I never mentioned Social Security or Medicare. Actually, in the commitment to America, we say to strengthen […]
Ochsner Health, a 47-hospital health system based in Louisiana, recently released the results of its digital health pilot program for Medicaid patients with hypertension and type 2 diabetes. The results showed that remote patient monitoring combined with personalized care teams did an efficient job at bringing down patients’ blood pressure and hemoglobin A1c levels. The pilot began in June 2020, […]
Medicare Part D is a voluntary outpatient prescription drug benefit for people with Medicare provided through private plans that contract with the federal government. Beneficiaries can choose to enroll in either a stand-alone prescription drug plan (PDP) to supplement traditional Medicare or a Medicare Advantage plan, mainly HMOs and PPOs, that provides all Medicare-covered benefits, including prescription drugs (MA-PD). In […]