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Equipment and Services Health Care Providers and Services

  • Same-store sales at the front-end of stores, where the company sells beauty products, snacks and over-the-counter drugs, also fell 4.9 percent in the first quarter ended March 31. Net income attributable to CVS fell to $952 million, or 92 cents per share, in the first quarter ended March 31, from $1.15 billion, or $1.04 per share, a year earlier. Interest expense fell...

  • Community Health has a debt load of $14.69 billion and the company had said in February it would divest 25 hospitals. Net loss attributable to Tenet's shareholders narrowed to $53 million, or 53 cents per share, in the first quarter ended March 31, from $59 million, or 60 cents per share, a year earlier. Excluding items, Community Health earned 8 cents per share from...

  • May 1- Tenet Healthcare Corp reported a narrower loss on Monday, as the for-profit U.S. hospital operator took a smaller charge related to consolidation of facilities. Net loss attributable to Tenet's shareholders narrowed to $53 million, or 53 cents per share, in the first quarter ended March 31, from $59 million, or 60 cents per share, a year earlier.

  • April 24- Pharmacy benefit manager Express Scripts Holding Co said Anthem Inc, its biggest customer and one that has sued the company over claims of being overcharged, was unlikely to renew its contract after it ends in 2019.. "While the headline that Anthem is leaving Express Scripts is in of itself not surprising, the timing is highly unexpected," Evercore ISI...

  • April 24- Pharmacy benefit manager Express Scripts Holding Co said on Monday its PBM contract with major customer Anthem Inc was unlikely to be extended following its expiration in late 2019.. Shares of the largest U.S. pharmacy benefit manager fell about 15 percent to $57.50 after the bell. Last month, a federal judge dismissed two of the six counterclaims that...

  • April 24- Express Scripts Holding Co, the largest pharmacy benefit manager in the United States, said health insurer Anthem Inc was unlikely to renew its contract with the company. Express Scripts' contract with Anthem expires in December 2019. "It is difficult for us to understand why Anthem has not recognized the potential value which could be brought forth by...

  • April 20- Doctors have struggled for years to deliver medication effectively to the inner ear, but two companies are vying to be first to introduce new treatments which, if successful, could together chalk up some $800 million in peak sales. Darius Kohan, chief of otology/neurotology at New York- based Lenox Hill Hospital. San Diego- based Otonomy and Swiss biotech...

  • April 18- A Republican senator said on Tuesday he had written to the U.S. Department of Health and Human Services raising questions about reports of "troubling conduct" by psychiatric hospital operator Universal Health Services Inc. The inquiry, by Iowa Senator Chuck Grassley, raises concerns about reports by BuzzFeed News of low nurse staffing, medication...

  • April 13- Last year, the Henry County Health Center in Iowa started providing patients with a cost estimate along with pre-surgery medical advice. Henry County is one of hundreds of U.S. hospitals trying to cope with an unexpected consequence of the Affordable Care Act of 2010, known as Obamacare: millions more Americans have health insurance, but it requires...

  • David Dao, issued a statement late on Tuesday confirming his identity and saying that he and his family were "focused only on Dr. Dao's medical care and treatment "in a Chicago hospital. The U.S. Department of Transportation launched an inquiry into the incident, and New Jersey Governor Chris Christie called for new rules to curb the airline practice of...

  • This happy relationship blossomed more than a decade ago, when Sage funded a study at Rush University Medical Center in Chicago to test the efficacy of the companys new antibacterial wipes on hospital patients. Since then, Sage has provided funding and millions of dollars in wipes for studies by Weinstein and his colleagues. Relationships like the one between...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, April 4- Shares of U.S. hospital operators dropped on Tuesday as Republicans sought to revive plans to dismantle the Affordable Care Act that has benefited the companies. Top White House officials met moderate and conservative Republicans in the U.S. House of Representatives on Monday in an effort to revive a plan to repeal and replace the 2010 health...

  • NEW YORK, March 27- Shares of U.S. hospital operators surged on Monday after Republicans' pulled their healthcare bill, preserving for now the benefits that hospitals gained under Obamacare. Shares of Medicaid- focused health insurers, such as Molina Healthcare and Centene, also jumped as the bill would have threatened the expansion of the Medicaid government...