Cardinal Health reported higher-than-expected earnings for the fourth quarter and ended the fiscal year with sound financials thanks to significant growth in its pharmaceutical segment.
Drugmaker AbbVie reported better-than-expected second-quarter profit, but its sales disappointed Wall Street. The FDA on Friday approved a new drug from AbbVie for the treatment of hepatitis C, creating a competitor to one of the most expensive drugs on the market.
The Food and Drug Administration on Friday approved a first-of-a-kind drug that lowers artery-clogging cholesterol more than older drugs that have been prescribed for decades. But the drug's $14,600-a-year price tag is certain to escalate debate about the cost of breakthrough drugs.
Amid ongoing safety and cost concerns, Intuitive Surgical, the maker of the da Vinci surgical robot, is rebounding financially from last year's sales slump.
Two new senior executives announced Wednesday are just the latest changes group purchasing organization Amerinet has gone through since the start of the summer. Its CEO left and it was acquired by Intermountain Healthcare.
Amerinet CEO Todd Ebert has left the group purchasing organization to become president and CEO of the Healthcare Supply Chain Association, the GPO trade group announced Monday. Curtis Rooney, HSCA's leader since 2005, has resigned.
Stradis Healthcare, a Lawrenceville, Ga.-based manufacturer of custom procedure kits, has hired Joe Trznadel as COO of its Medikmark small kit division.
The Food and Drug Administration is reporting shortages of pre-filled syringes of epinephrine, which are most commonly used to treat individuals who are in cardiac arrest.
About 40 health systems have started venture funds. The lure is the potential for big payoffs and the promise of getting in on the ground floor with effective new healthcare technologies and services. But most startups fail to deliver on venture capitalists' investment.
Eggs are important to healthcare, and not just for feeding patients: They're used to make vaccines too. That's why a looming shortage of the protein has vaccine makers and hospital foodservice directors on high alert.
CVS Health is leaving the U.S. Chamber of Commerce, saying the trade group's position on tobacco products is incompatible with CVS' focus on health. Whether other health firms will follow CVS' lead is an open question at this point.
By combining various data sets in one place, you can start creating a more standard approach to delivering health care, which can drive better clinical, operational and financial outcomes for providers and patients alike.