1677 Articles Matching "billion"

CliniComp loses VA-Cerner EHR contract appeal

Sep 20, 2018 , Modern Healthcare Breaking News
A federal appellate court rejected CliniComp's claim that Cerner Corp. was improperly granted the VA's $10 billion EHR...
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Cleveland Clinic reports it boosted Ohio's economy by $17.8 billion in 2016

Sep 19, 2018 , Modern Healthcare Breaking News
Cleveland Clinic, the second largest employer in Ohio, reports that it boosted Ohio's economy by $17.8 billion in 2016, according to the system's latest economic impact report, which it produces every three...
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A look inside Chan Zuckerberg, the philanthropic project funded by billions in Facebook stock sales

Sep 16, 2018 , CNBC Health
Two years after Mark Zuckerberg and Priscilla Chan announced an audacious plan to use their Facebook fortune to try and end disease in their children's lifetime, The Chan Zuckerberg Initiative has ballooned to 250...
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Pharma Billionaire Frost 'Stunned' By SEC Charges, Swears He Will Clear His Name

Sep 15, 2018 , Forbes
One week after pharmaceutical billionaire Phillip Frost was accused by the Securities and Exchange Commission of participating in a "pump-and-dump" scheme, the 81-year-old Opko Health CEO has released a statement denying the allegations against...
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Sanofi pledges to keep up its restructuring efforts

Sep 15, 2018 , Reuters
Sanofi will continue to implement cost savings after having reached a 1.5 billion euros ($1.75 billion) cost reduction target a year ahead of expectations, and added that several of its key drugs were selling well....
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Congress proposes $90.5 billion in HHS appropriations, including opioid funding

Sep 14, 2018 , Modern Healthcare Breaking News
Congressional appropriators have approved $90.5 billion in HHS appropriations in a spending package that includes $3.8 billion in opioids funding. Community health centers will also get a funding...
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Galapagos shares soar on $4-6 billion hopes for new drug

Sep 13, 2018 , Reuters
Strong results for an experimental drug that promises to disrupt the rheumatoid arthritis market lifted shares in Belgian-Dutch firm Galapagos to an all-time high on Wednesday, as analysts forecast multibillion-dollar sales....
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More Medicare Advantage upcoding could follow court ruling

Sep 13, 2018 , Modern Healthcare Breaking News
A federal judge's recent decision to vacate the 2014 Medicare Advantage overpayment rule paves the way for insurers to continue upcoding to reap higher CMS payments that could cost billions of dollars, experts...
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Low Health Literacy Costs U.S. Employers $5 Billion A Year

Sep 13, 2018 , Forbes
Low health literacy costs employers and health insurers $4.8 billion annually in administrative expenses, Accenture...
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Tests Of Public School Water Faucets In NYC That Were Found To Have Lead Show 9 Percent Still Have Unsafe Levels

Sep 13, 2018 , Kaiser Health News
But New York City Department of Education officials said 99 percent of the roughly 142,000 potential drinking water fixtures in the city’s public schools tested at or below the state action level of 15 parts per...
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Inside Juul — how the vaping giant hooked its users and became a $15 billion company

Sep 12, 2018 , CNBC Health
Juul Labs is now dominating the e-cigarette market. CNBC gets an inside look at the company to find out how it became a $15 billion vaping...
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Banner Health Children

Medicare's ACOs Saved Nearly $2 Billion Over Three Years, Group Says

Sep 12, 2018 , Forbes
Medicare ACOs saved U.S. taxpayers $1.84 billion from 2013 to 2015, a study commissioned by the National Association of ACOs says amid its policy battle with the Trump administration over value-based...
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CMS underestimated Medicare ACOs' savings

Sep 12, 2018 , Modern Healthcare Breaking News
The Medicare Shared Savings Program generated $1.84 billion in savings over three years, which is nearly twice the savings CMS data show, according to a new study commissioned by the National Association of...
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House GOP to vote on suspending employer mandate this week

Sep 12, 2018 , Modern Healthcare Breaking News
The House GOP's proposal would relax Obamacare's provisions for employers, from the employer mandate to the 30-hour definition for full-time work. But it's unlikely that the Senate will pick up the $58 billion...
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Global Funding Would Need To Triple To $9 Billion To Make Real Progress Against HIV, Malaria, Tuberculosis

Sep 11, 2018 , Kaiser Health News
But the development pipeline is slower than it ever used to be. “Donors are cutting back on funding at a time when we should be stepping on the gas," said Gavin Yamey, the study's lead author. Meanwhile, the fight against Ebola has advanced in recent years but it's still facing old...
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Pharma Billionaire Charged With Penny Stock Fraud

Sep 08, 2018 , Forbes
Miami’s Phillip Frost, who built a $2.8 billion fortune in the generic drug business, was allegedly involved in a tawdry stock promotion scheme, the Securities and Exchange Commission...
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Over 1.4 Billion of World's Adults Face Disease Because of Inactivity, WHO Says

Sep 07, 2018 , MedicineNet
Title: Over 1.4 Billion of World's Adults Face Disease Because of Inactivity, WHO SaysCategory: Health NewsCreated: 9/5/2018 12:00:00 AMLast Editorial Review: 9/6/2018 12:00:00...
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Novartis unloads U.S. assets at loss to bargain-hunting Aurobindo

Sep 07, 2018 , Reuters
New Novartis Chief Executive Vas Narasimhan has further reshaped the Swiss drugmaker, announcing on Thursday he is selling U.S. dermatology and generic pill assets to India's Aurobindo Pharma Ltd for up to $1 billion....
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HHS boosts funds to care for detained migrant children

Sep 07, 2018 , Modern Healthcare Breaking News
HHS is reapportioning more than $100 million to supplement the $1.3 billion earmarked for care of unaccompanied immigrant...
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Mercy Health and Bon Secours complete merger

Sep 06, 2018 , Modern Healthcare Breaking News
The combined system has 43 hospitals, $8 billion in net operating revenue and more than 57,000 employees, including a new leadership...
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