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  • March 21- Health insurer Anthem Inc said it filed a lawsuit against pharmacy benefit manager Express Scripts Holding Co to recover damages for pharmacy pricing that was higher than competitive benchmark pricing. The lawsuit also seeks to recover damages related to operational issues and for a declaration of Anthem's right to terminate its contract with...

  • An employee uses a microscope at the Medtronic assembly plant in Tijuana, Mexico.

    Bill Ackman should have listened!

  • NEW YORK, March 17- OptumRx, the pharmacy benefit manager of UnitedHealth Group Inc, said on Thursday it signed an agreement with Walgreens Boots Alliance that is the first step in a strategic relationship with the pharmacy chain. The model puts OptumRx on more equal footing with its two largest competitors, CVS Health- which is made up of pharmacies and a pharmacy...

  • Medicare/COOMBS

    Dr. Steve Miller, Express Scripts chief Medical Officer says giving Medicare the legal ability to negotiate drug prices is not enough to secure discounts from pharmaceutical companies. Medicare would also need to narrow the list of approved brand-name drugs in order to see real savings, and the he says the best way to do that is in conjunction with private sector pharmacy benefits firms and insurers.

  • PARIS, March 13- A private doctor recommended that the German pilot who crashed a Germanwings jet into the Alps last year should be treated in a psychiatric hospital two weeks before the disaster, French investigators said on Sunday. Prosecutors believe co-pilot Andreas Lubitz, who had a history of severe depression, barricaded himself into the cockpit and...

  • PARIS, March 13- A doctor recommended that the German pilot who crashed a Germanwings jet into the Alps last year should be treated in a psychiatric hospital two weeks before the disaster, French investigators said on Sunday. Prosecutors believe co-pilot Andreas Lubitz, who had a history of severe depression, barricaded himself into the cockpit and...

  • Tenet said it boosted to $238 million from $20 million the amount it set aside to cover an offer to settle a Justice Department investigation into services provided to Hispanic patients who were referred to four of its hospitals. Tenet said it expects adjusted free cash flow of $400 million to $600 million in 2016, compared with $405 million last year.

  • Tenet said it expects full-year earnings before interest, taxes, depreciation and amortization, excluding special items, in a range of $2.4 billion to $2.5 billion. Analysts on average had forecast 2016 EBITDA, excluding items, of $2.48 billion, according to Thomson Reuters I/B/E/S. The Dallas- based company reported a fourth-quarter net loss of $97 million, or...

  • Mining medical data

    The "Squawk Box" news team and Colin Hill, GNS Healthcare CEO, discuss the move to collect and crunch employee data to identify who is at risk for life-threatening diseases.

  • Zika virus warning

    Dr. Scott Gottlieb, American Enterprise Institue, discusses the latest battle to fight the Zika virus as the World Health Organization declares a global emergency.

  • A mild flu season also hurt Community Health in the fourth quarter and rivals including Tenet, which warned last month that its patient volumes declined in the quarter. Community Health is the third hospital operator to say that a mild flu season hurt admissions and "it is likely the theme will continue with Tenet," Wedbush analyst Sarah James wrote in a note.

  • Feb 16- Medical device maker Stryker Corp said it would buy Physio-Control International Inc for $1.28 billion in cash to expand its emergency medical services business and raised its full-year earnings forecast for the second time this month. The company earlier this month inked a deal with medical supplies maker Sage Products LLC for $2.78 billion and...

  • A mild flu season also hurt Community Health in the fourth quarter and rivals including Tenet, which warned last month that its patient volumes declined in the quarter. Community Health has also been struggling to improve the performance of Health Management Associates Inc, which it bought for $3.9 billion in 2013.. Community Health has to grow volumes,...

  • NEW DELHI, Feb 8- A doctor at a hospital in India's capital, New Delhi, was recently tracking a wall of monitors displaying the vital signs of intensive care patients admitted hundreds of miles away when red-and-yellow alerts rang out. India's top private hospitals, seizing on a shortage of critical-care doctors, are expanding into the remote management of...

  • NEW DELHI, Feb 8- A doctor at a hospital in India's capital, New Delhi, was recently tracking a wall of monitors displaying the vital signs of intensive care patients admitted hundreds of miles away when red-and-yellow alerts rang out. India's top private hospitals, seizing on a shortage of critical-care doctors, are expanding into the remote management of...

  • 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...