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Equipment and Services Health Care Providers and Services

  • Dec 11- A U.S. trade association representing medical laboratories filed a lawsuit on Monday challenging a new reimbursement system used by the federal government that it said would reduce how much Medicare pays for labs by about $670 million in 2018.. That law, the Protecting Access to Medicare Act, aimed to establish a market-based pricing for certain lab...

  • DALLAS— Federal officials have warned that patients at a psychiatric hospital in Dallas are in "immediate jeopardy" two years after Texas regulators threatened to close the facility over severe safety problems, a newspaper reported Sunday. A Nov. 1 letter from the U.S. Department of Health and Human Services addressed to Timberlawn's chief executive said that...

  • Pfizer Inc. will begin selling the white pill at half the $65- a-pill retail price on Monday, when its patent-protected monopoly ends. Nachum Katlowitz, a urologist at New York's Staten Island University Hospital. Pfizer's early TV ads for the little blue pill even coined the term erectile dysfunction, ED for short.

  • Dec 6- The largest U.S. health insurer UnitedHealth Group Inc will buy DaVita Inc's primary and urgent care services for $4.9 billion in its second acquisition this year to expand its fast-growing medical group, it said on Wednesday. Denver- based DaVita operates medical groups in six states that serve 1.7 million patients through about 300 clinics, adding to...

  • NEW YORK— Small businesses are getting notices about their premium and coverage changes for 2018, and some are making adjustments because of that. Workshop Digital's premiums are soaring 55 percent, and co-founder Brian Forrester says the business will be less profitable as it absorbs that. He may have to ask the Richmond, Virginia- based marketing agency's...

  • Dec 6- U.S. health insurer UnitedHealth Group Inc on Wednesday announced a $4.9 billion deal to buy a unit of DaVita Inc, looking to bolster its primary and urgent care services. UnitedHealth bought Surgical Care Affiliates for about $2.3 billion in March. The deal with Denver- based DaVita, which mainly provides dialysis services, will combine UnitedHealth's...

  • BOSTON— A national home health care agency with six locations in Massachusetts has agreed to pay $14 million to settle allegations that it improperly billed the state's Medicaid program. Attorney General Maura Healey said in a statement Tuesday that Centrus Premier Home Care Inc., which does business in the state as Maxim Healthcare Services Inc., billed...

  • The nation's biggest health insurer is spending nearly $5 billion to buy hundreds of clinics, just three days after rival Aetna announced a bigger tie up with CVS Health Corp.. UnitedHealth Group Inc. said Wednesday that it will buy DaVita Medical Group in a deal that extends the reach of its Optum health care services business to several more states.

  • Dec 6- UnitedHealth Group Inc said on Wednesday it would buy kidney care services provider DaVita Inc's medical unit for about $4.9 billion cash, as the health insurer looks to expand operations in outpatient care services. The deal will combine UnitedHealth's Optum unit with DaVita's physician network business that serves about 1.7 million patients each...

  • Disney-Fox, CVS-Aetna could revamp how investors see companies

    Jim Cramer explained how Disney-Fox and CVS-Aetna mergers would "change the narrative" in their respective industries.

  • Cramer: Disney-Fox and CVS-Aetna could revamp how investors see their companies

    Jim Cramer explained how Disney-Fox and CVS-Aetna mergers would "change the narrative" in their respective industries.

  • Larry Merlo, CEO of CVS and Mark Bertolini, CEO of AETNA appear on Squawk Box on Dec. 4th, 2017.

    Jim Cramer explained how news of potential Disney-Fox and CVS-Aetna mergers "changed the narrative" in the stock market.

  • CVS Health wants to do much more than fill your prescription or jab your arm with an annual flu shot. "They'll be pretty much a soup-to-nuts health company... except for the hospital part of it," said Craig Johnson, president of Customer Growth Partners, a retail consulting and research firm. The $69 billion deal announced Sunday evening will push the drugstore chain...

  • Drugstore chain and pharmacy benefits manager CVS Health Corp. has agreed to buy the nation's third-largest insurer, Aetna Inc., a person familiar with the matter told The Associated Press on Sunday. The deal would be worth about $69 billion. The marriage makes sense for several reasons, Wall Street analysts have said since the negotiations were first...

  • Cramer Remix: Bitcoin has taken away the luster of gold

    Jim Cramer weighed in on how gold could be trumped by bitcoin in the market.

  • Jim Cramer on "Mad Money."

    Jim Cramer weighed in on how gold could be trumped by bitcoin in the market.

  • Henry Schein CEO says extra capital from tax reform will be put to work 'very effectively'

    Jim Cramer asked Henry Schein Chairman and CEO Stanley Bergman what his massive health care company will do if the corporate tax rate is cut.

  • But health insurers and pharmacy benefit managers have made it extremely difficult for patients to get the medicine, even those whose dangerously high cholesterol met criteria for use in the original label approved by the Food and Drug Administration. Repatha sales, while gradually improving, were just $89 million in the third quarter.

  • PAWTUCKET, R.I.— Rhode Island health officials have ordered Memorial Hospital in Pawtucket to stop admitting new patients, serving emergency patients and performing surgery. The state Department of Health said Thursday the hospital does not have the proper staffing levels to safely administer patient care. The Providence- based nonprofit health system has...

  • **Nigeria's Seven-Up bottling company has received an offer from its majority shareholder Affelka to buy out minorities for 19.33 billion naira, in a takeover deal aimed at restructuring the struggling company. **Axalta Coating Systems has ended talks with Japan's Nippon Paint Holdings Co Ltd about a potential sale, the U.S. coating company said, following the...