News

A damning new U.N. report warning of certain devastation from climate change has been dubbed humanity’s “final wake-up call” by environmental experts. Speaking to CNBC Tuesday, environmentalists outlined the role companies, countries and individuals can play in stemming the crisis. They also shared their hopes for the 26th UN Climate Change Conference of the Parties,
0 Comments
HCA Healthcare acquired Mission Health to secure monopoly market power and inflate prices, according to the plaintifs behind a new lawsuit. HCA allegedly used “all-or-nothing” negotiation tactics with insurers, leading to higher care prices and insurance premiums in lopsided acute-care markets in North Carolina’s Buncombe and Madison counties, according to lawsuit filed in state court
0 Comments
Vernon Loucks, former CEO of Baxter International and Modern Healthcare Hall of Fame inductee, died Sunday at the age of 87. Loucks began working at the medical supply giant as assistant to then-head Bill Graham. Loucks rose up the ranks to become vice president of international business in 1968 and served as the top executive
0 Comments
Honor Technology has acquired Home Instead, the company said. The acquisition will allow the companies to pair home care provider Home Instead’s network with San Francisco-based Honor Technology’s home care technology and operations platform. Combined, the two organizations generate more than $2.1 billion in annual home care services revenue. The companies did not disclose the
0 Comments
WORCESTER, Mass. (AP) — The latest effort to resolve a five-month-long strike by nurses at a Massachusetts hospital has ended without a settlement. Management at St. Vincent’s Hospital in Worcester on Thursday presented what they called their “last, best and final” offer, which was promptly criticized by the nurses represented by the Massachusetts Nurses Association
0 Comments
Idaho Gov. Brad Little on Friday called on the state’s residents to get vaccinated against Covid, citing concern about the delta variant and its potential to hinder economic progress. “We’re just urging everybody to get vaccinated,” Little said on CNBC’s “The Exchange.” Little said his biggest concern and “one of the most detrimental things” to
0 Comments
Several Maine healthcare systems and hospitals are mandating COVID-19 vaccines for employees but staffing shortages in many nursing homes may prevent them from following suit. The Bangor Daily News reports that more than 40 nursing homes want to require staff to be vaccinated but longstanding shortages make them wary of implementing requirements, according to a
0 Comments
Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, listens during a Senate Appropriations Subcommittee hearing in Washington, D.C., May 26, 2021. Stefani Reynolds | Pool | Reuters Federal health officials are working “as quickly as possible” to authorize a third Covid-19 vaccine shot for Americans with weakened immune systems, White House
0 Comments
GENEVA (AP) — The head of the World Health Organization called Wednesday for a moratorium on administering booster shots of COVID-19 vaccines as a way to help ensure that doses are available in countries where few people have received their first shots.  WHO Director-General Tedros Adhanom Ghebreyesus made the appeal mostly to wealthier countries that
0 Comments
Customers returned to CVS Health stores to fill prescriptions and get COVID-19 tests and vaccines, helping to push the health care giant past Wall Street’s second-quarter expectations.  The drugstore chain and pharmacy benefits manager raised its 2021 forecast after a quarter that brought both growth in pharmacy claims but also a big drop in income
0 Comments