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  • WASHINGTON— The best places to look for work last month? Retail, restaurants and health care. Those sectors alone accounted for more than 140,000 added jobs, helping offset losses in such areas as mining, education and transportation.

  • Thursday's decision by the 2nd U.S. Circuit Court of Appeals is a victory for hospitals in urban areas including the acute care Lawrence+ Memorial Hospital of New London, Connecticut, which said the Department of Health and Human Services' "reclassification rule" forced it to overpay for drugs that patients needed. Writing for the appeals court, Judge Jed Rakoff...

  • Thursday's decision by the 2nd U.S. Circuit Court of Appeals is a victory for hospitals in urban areas including the acute care Lawrence+ Memorial Hospital of New London, Connecticut, which said the Department of Health and Human Services' "reclassification rule" forced it to overpay for drugs that patients needed. Writing for the appeals court, Judge Jed Rakoff...

  • NEW YORK, Jan 29- Express Scripts Holding Co, the U.S. No. 1 pharmacy benefits manager, said on Friday it would stop covering Glumetza, a diabetes drug made by Valeant Pharmaceuticals International Inc, after a generic competitor enters the market on Feb. 1. Pharmacy benefit managers typically exclude branded products when a generic competitor hits the market,...

  • Jan 28- Walgreens Boots Alliance Inc, the largest U.S. drugstore chain, said it would immediately suspending Theranos's laboratory services at a store in California. The news comes a day after the U.S. government's Centers for Medicare& Medicaid Services said that Theranos' deficient practices at the Newark lab posed "immediate jeopardy to patient health and...

  • Jan 28- Walgreens Boots Alliance Inc, the largest U.S. drugstore chain, said it would immediately suspending Theranos's laboratory services at a store in California. Walgreens said it has told Theranos, a blood-testing startup, to immediately stop sending any lab tests provided through Theranos Wellness Centers at Walgreens to its lab in Newark, California...

  • Jan 28- HCA Holdings Inc, the largest for-profit hospital operator in the United States, reported a better-than-expected profit, helped by higher patient admissions, and also forecast a strong profit for the current year. The company, which operates about 168 hospitals and 116 independent surgery centers in the United States and the UK, said it expects 2016...

  • HCA Holdings reports higher fourth-quarter profit Thursday, 28 Jan 2016 | 8:39 AM ET

    Jan 28- HCA Holdings Inc, the largest for-profit hospital operator in the United States, reported a 10.4 percent rise in quarterly profit, helped by higher patient admissions, especially in its emergency room services. Net income attributable to the company rose to $582 million, or $1.40 per share, in the fourth quarter ended Dec. 31, from $527 million, or $1.19 per...

  • John Sculley

    Ex Apple and Pepsi CEO wants to transform the"antiquated" health care industry

  • Pfizer weighing sale of Hospira's pump business -Bloomberg Wednesday, 13 Jan 2016 | 10:20 PM ET

    Jan 13- Drugmaker Pfizer Inc is thinking about selling hospital products maker Hospira's infusion pump business for about $2 billion, Bloomberg reported, citing people familiar with the matter. Talks are said to be at an early stage, Bloomberg reported on Wednesday. Pfizer closed its $15 billion acquisition of Hospira, which makes biosimilars and generic...

  • Jan 11- The chief executive of HCA Holdings Inc on Monday said he expects the Affordable Care Act to drive more growth for the U.S. hospital operator in 2016 as Americans sign up for insurance coverage through exchanges created under the law. "We are very encouraged by the open enrollment results so far," R. Milton Johnson, CEO of the largest U.S. for-profit hospital...

  • McKesson's shares fell about 10 percent to $164.23. The forecast implies a mid-point of about $13.40 per share, which fell short of Wall Street estimates, analysts from Evercore ISI and Baird Equity Research said. The company forecast 2016 adjusted earnings of $12.60 to $12.90 per share, compared with its previous forecast of $12.50 to $13.00 per share.

  • A revolutionary blood test that can detect cancer Monday, 11 Jan 2016 | 9:15 AM ET
    Cancer cells

    Liquid biopsies that show genetic mutations of DNA in a person's blood will dramatically improve early detection of cancers.

  • Jan 4- Acadia Healthcare Co Inc said it was buying Priory Group, a private behavioral care provider in the United Kingdom, for about 1.28 billion pounds including debt of 925 million pounds. Priory, which offers services related to mental health, addictions, eating disorders and senior care, runs about 300 facilities with 7,200 beds. The transaction is expected to...

  • Jan 4- Acadia Healthcare Co Inc said it was buying a private behavioral healthcare service provider in the United Kingdom for about 1.28 billion pounds, including debt. Priory Group is a behavioral health service provider with about 300 facilities and 7,200 beds. The transaction is expected to add 38- 42 cents per share to Acadia's annual earnings, the company...

  • Dec 31- Health insurer WellCare Health Plans said it would change its pharmacy benefit manager to CVS Health Corp from UnitedHealth Corp's Optum Rx, effective Jan. 1. About 3.8 million WellCare members enrolled under its Medicaid, Medicare and prescription drug plans will be able to access CVS' pharmacy network, WellCare said on Thursday. Shares of WellCare were...

  • Dec 31- Health insurer WellCare Health Plans said it would transition its pharmacy benefit management to CVS Health Corp from Jan. 1. About 3.8 million WellCare members enrolled under the company's Medicaid, Medicare and prescription drug plans will be able to access CVS' pharmacy network, WellCare said on Thursday. Pharmacy benefit managers administer drug...

  • STAIKY, Ukraine, Dec 23- Paint is flaking on the damp walls and cracked ceilings of the small hospital in the Ukrainian village of Staiky and much of the equipment is over 30 years old. A reform drive launched by the Western-leaning government installed after a pro- Moscow president, Viktor Yanukovich, was overthrown in a popular uprising last year has become mired...

  • Dec 22- Pharmacy benefit manager Express Scripts Holding Co said it was negotiating the repricing of its contract with Anthem Inc, one of its biggest customers, but it was too soon to know the financial terms of the deal. Express Scripts made the disclosure during a conference call to discuss its growth outlook for 2016, which was above analysts' estimates.

  • Dec 22- Express Scripts Holding Co, the largest U.S. pharmacy benefit manager, forecast adjusted earnings for 2016 well above analysts' estimates. Shares of Express Scripts, which manages drug benefits for employers and health plans and also runs large mail-order pharmacies, were up 1 percent in light premarket trading. The company has become a vocal critic of...