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House approves funding to close VA shortfall

By Shannon Muchmore  |  July 31, 2015

House representatives have agreed to the Veterans Affairs Department's request to shift part of the federal budget to keep VA hospitals open. The House included a late amendment to reallocate $3.5 billion to the VA's Choice program as part of the highway-funding bill.

Blog: GAO to CMS: 'I told you so' on Medicaid advice

By Virgil Dickson  |  July 31, 2015

To celebrate Medicaid's 50th birthday, the Government Accountability Office is taking a look at all the ways it has told the CMS to improve the program, but the agency has yet to act on.

Blockbuster drugs drive Amgen's strong Q2 earnings

By Steven Ross Johnson  |  July 31, 2015

Strong sales of Amgen's blockbuster rheumatoid arthritis medication Enbrel helped drive the company's 7% profit hike during the second quarter and also offset a 1% decline in combined sales of its best-selling cancer drugs Neupogen and Neulasta.

Lawsuit accuses CVS of overcharging for generic drugs

By Associated Press  |  July 31, 2015

CVS Health Corp. deliberately overcharged some pharmacy customers for generic drugs by submitting claims to their insurance companies at inflated prices, according to a lawsuit filed Thursday in federal court in San Francisco.

Healthcare spending grows twice as fast as economy

By Michael Sandler  |  July 30, 2015

Healthcare spending grew at twice the rate of the rest of the economy in the second quarter, renewing fears that the sector's upward march has resumed after nearly a half decade of relative calm.

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