A groundbreaking research study released Monday by Humana reveals $1 out of every $4 spent on health care in the U.S. annually is being wasted.
CNBC's Healthy Returns event was held this week in New York City, covering topics from controversial genetic-editing technique CRISPR to the way AI is changing medicine and reform of the U.S. health-care system. Here are edited excerpts.
"I can't remember a time at Novartis where year after year after year we have these significant medicines getting launched," CEO Vasant Narasimhan says.
"Single-payer is the Democratic equivalent of repeal and replace. It'll never be legislated, because the details are too hard," President Barack Obama's former budget chief says.
Alzheimer's is "very, very difficult to solve," Andreessen Horowitz general partner Jorge Conde said at CNBC's Healthy Returns conference.
Speaking with CNBC's Jim Cramer from the "Healthy Returns" conference in New York City, Novartis CEO Vas Narasimhan says cannabis is "not a focus" for the pharma company.
The rigorous work schedule and pressure faced by doctors have them "stressed to the point of breaking," resulting in high suicide rates.
Combinations in the industry, "are really jostling existing business models to varying effects," Orszag said.
The FDA struck the wrong balance on its oversight of the e-cigarette industry, former Commissioner Scott Gottlieb said Tuesday at CNBC's Healthy Returns conference.
Healthy Returns featured some of the most influential leaders in health care, including United Therapeutics CEO Martine Rothblatt, Cigna CEO David Cordani, Fmr FDA Commissioner Scott Gottlieb, Novartis CEO Vasant Narasimhan, J&J CEO Alex Gorsky.
The scientific community is now struggling to grapple with the ethics of human germline editing as another woman pregnant with a gene-edited baby is soon due to give birth.
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CNBC presents a one-day event that brings together top health care investors, CEOs and technologists to explore the innovations that will drive better outcomes, financially and clinically.
Every health care company seeks to scale the best technology and develop profitable ways to cover the massive cost of research and development, investors are looking for actionable intelligence on who’s breaking through, and patients are hungry for affordable and effective care. Healthy Returns is a convening of leaders who are improving patient outcomes, maximizing innovation, building great new companies and reinventing incumbents.
Led by CNBC’s anchors and reporters and with input from a world-class advisory board, Healthy Returns will hone in on groundbreaking ideas that will transform the health care industry, cutting through the noise and weeding out the "sales pitch."