61 of the drugs with price hikes were being used to treat coronavirus.
Jun 29, 2020 - HealthDelayed care is beating COVID-19 cases right now.
May 21, 2020 - HealthPart 5 of our What Matters 2020 series.
Mar 6, 2020 - HealthHealth care is eating up more and more of Americans’ paychecks every year.
Dec 22, 2019 - Politics & PolicyIt can be enormously frustrating for patients — and profitable for everyone else.
Nov 17, 2018 - HealthPhoto: John Smith/VIEWpress
Pfizer cannot directly or indirectly pay out-of-pocket costs for Medicare patients to get the company's $225,000-a-year heart drug because doing so would violate federal kickback law, a U.S. district judge ruled Thursday.
Why it matters: The ruling in this closely-watched case means pharmaceutical companies still cannot cover the copays and other costs of their drugs for patients who are enrolled in government insurance programs because it would be viewed as an illegal inducement.
Americans are paying pharmaceutical companies more for the world's 20 blockbuster drugs than the rest of the world combined, according to an analysis of company financial filings by Public Citizen.
Why it matters: The U.S. is the pharmaceutical industry's gold mine, and the analysis shows how much the industry has at stake as it fights Democrats' plan to allow Medicare to negotiate drug prices and let employers piggyback off those lower prices.
Illustration: Sarah Grillo/Axios
As Democrats grapple with if and how to trim the health care components of their reconciliation bill, they have two options: to slash the value or longevity of the benefits they've proposed, or force other industries to pay up.
Why it matters: Democrats' original plan involved picking a fight exclusively with the pharmaceutical industry. But the more ground pharma gains, the more incentive Democrats will have to attract the ire of other powerful industry groups— or to forego major policy priorities.
Photo: Ben Hasty/MediaNews Group/Reading Eagle via Getty Images
Some hospitals are refusing to administer Biogen's new Alzheimer's drug, Aduhelm, but many freestanding infusion centers are offering it despite concerns about the drug's safety and lack of effectiveness.
Yes, but: Hardly any patients are receiving the drug, even with infusion centers eagerly advertising it. Just over 100 patients have actually gotten Aduhelm so far, way below Biogen's already-tempered forecasts, STAT reported.
Illustration: Megan Robinson/Axios
The number of patient visits for chronic kidney care plummeted by more than 26% in the early months of the pandemic, according to new data from the nation's largest insurer, UnitedHealth Group.
Why it matters: Researchers are racing to understand just how much care people skipped — and whether it actually affected their health.
More hospitals are opening their own specialty pharmacies. Photo: Daniel Acker/Bloomberg via Getty Images
Walgreens paid $970 million to increase its ownership of Shields Health Solutions — a company that helps hospitals run their own specialty pharmacies — from 23% to 71%.
Why it matters: Standard Walgreens pharmacies are ubiquitous throughout the country, but this deal will give Walgreens a bigger position in specialty pharmacies, which handle pricey medications for complex conditions and have become very lucrative.
Illustration: Annelise Capossela/Axios
In July, the head of the American Hospital Association blasted UnitedHealth Group for its "jaw-dropping" profits in the second quarter. But an analysis of financial documents shows a sample of large not-for-profit hospital systems that collectively generated the same amount of revenue as the insurance giant were almost three times more profitable than UnitedHealth.
Reality check: Companies and lobbying groups often paint their business foes as the primary problems with the health care system, but each sector contributes to the system's dysfunction.
Health care advocates are making the case that the pieces of Democrats' legislative agenda that lower health care costs and expand coverage are the most popular with voters — and should thus be prioritized.
Why it matters: Democrats are trying to figure out what topline spending number they have to work with for their reconciliation package. The lower that number goes, the more the party will have to cut from the package.
Latinos of all ages were the least insured group in the U.S. last year, according to census data released this week.
By the numbers: 24.9% of working-age Hispanics and 9.5% of those under 18 lacked health coverage in 2020.
Intermountain Healthcare has found a new merger partner. Photo: Intermountain
Intermountain Healthcare will acquire SCL Health roughly six months after Intermountain and Sanford Health ended their merger attempt.
Why it matters: The combined Intermountain-SCL system will own 33 hospitals, will generate more than $13 billion of annual revenue and will dominate several areas throughout Utah and Colorado — consequently gaining leverage over health insurers and employers as a must-have network if the deal is finalized.