Pharmacy
The Government Accountability Office believes Congress should slash the financial incentives the government pays hospitals in the 340B drug program, it said in a new report, over concerns that disproportionate share hospitals are prescribing more than other facilities.
Harvard Drug Group mainly distributes generic pharmaceuticals and pulled in more than $450 million in revenue in fiscal 2014.
Major cancer centers topped the list with tens of millions in payments and services from pharmaceutical giants.
Several teaching hospitals raked millions in payments from device and drug manufacturers in 2014, according to new data from the Centers for Medicare and Medicaid Services released Tuesday that showed drug and medical device makers made close to $6.5 billion in payments to healthcare providers in 2014.
According to the U.S. Department of Justice, DaVita devised a scheme to maximize the amount of drugs it waste, billing Medicare for the price of the dose and the waste.
To ease the financial burden, the California agency that governs the state's Affordable Care Act marketplace issued landmark rules recently that will limit the amount anyone enrolled in one of those plans can be charged each month for high-end medicine.
A bipartisan group of House and Senate legislators introduced bills last week that would require health plans to cover the growing number of oral chemotherapy pills as favorably as they do intravenous chemotherapy.
Nearly three in four Americans say the costs of prescription drugs are "unreasonable," with most putting the blame on drugmakers, a survey by the Kaiser Family Foundation found.
Target's nearly 80 walk-in clinic locations will be rebranded as CVS MinuteClinics, and CVS Health will open as many as 20 new clinics in Target stores within three years as part of the company's goal to have 1,500 by 2017.
Medicare drug plans are cutting back on coverage for a specially designated type of painkiller that deters abuse in favor of cheaper generics that don't have the same deterrent qualities, a new study found.