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News
Drugmaker Amgen sees 25% drop in Q1 earnings, records lower Enbrel demand
By Rachel Landen | April 22, 2014 | Basic Web Basic Web Subscription Details
Biopharmaceutical firm Amgen missed Wall Street's earnings expectations for its first quarter 2014 as rising costs outpaced the company's revenue improvement and sales of its flagship arthritis drug Enbrel fell.
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Information
Novartis, GSK, Lilly in multibillion-dollar deals
By Associated Press | April 22, 2014
Swiss pharmaceutical giant Novartis announced a series of multibillion-dollar deals Tuesday with other major pharmaceutical companies that it said would reduce sales but boost profitability, while affecting some 15,000 of its employees globally.
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Information
Botox maker Allergan draws bid from Valeant
By Associated Press | April 22, 2014
Valeant Pharmaceuticals is teaming up with activist investor Bill Ackman in a bid for Botox maker Allergan that could be worth about $40 billion.
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Magazine
Surgical-robot costs put small hospitals in a bind
By Jaimy Lee | April 19, 2014 | Print Magazine Print Magazine Subscription Details
While overall sales of the da Vinci Surgical System are on the decline, a number of small and rural hospitals are considering acquiring the pricey machine, believing it will help them attract and retain surgeons and appeal to patients.
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Magazine
Deal volume dips while value soars in first quarter
By Beth Kutscher | April 19, 2014 | Print Magazine Print Magazine Subscription Details
Fewer deals and higher prices was the prevailing theme across the four healthcare industry sectors tracked in Modern Healthcare's first-quarter M&A Watch report for 2014.
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Magazine
Cancer drugs' high prices impede comparative research: study
By Sabriya Rice | April 19, 2014 | Print Magazine Print Magazine Subscription Details
The high prices of some cancer drugs drew attention from oncologists last week. Two National Cancer Institute researchers wrote in the New England Journal of Medicine that steep prices make it difficult or impossible to conduct randomized trials comparing the effectiveness of different therapies.
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Magazine
Report details stakeholders' roles in price transparency
By Rachel Landen | April 19, 2014 | Print Magazine Print Magazine Subscription Details
Hospitals and health plans should serve as front-line resources on price transparency for patients, while employers and the government also should help, according to a report by a coalition of groups led by the Healthcare Financial Management Association.
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Magazine
Health spending up after years of 'self-rationing': report
By Andis Robeznieks | April 19, 2014 | Print Magazine Print Magazine Subscription Details
Patients are returning to the healthcare system after several years of “self-rationing,” as reflected in a 3.2% increase in 2013 prescription-drug expenditures to $329.2 billion, according to a new report from the IMS Institute for Healthcare Informatics.
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News
Daughters of Charity's credit rating lowered six notches to B-
By Melanie Evans | April 18, 2014 | Basic Web Basic Web Subscription Details
Standard & Poor's lowered the credit rating for the faltering Daughters of Charity Health System in California by six notches, an unusually steep rating plunge that puts the organization at mid-speculative grade.
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News
Doc-group acquisition boosts Northwestern Memorial's revenue
By Rachel Landen | April 18, 2014 | Basic Web Basic Web Subscription Details
Northwestern Memorial HealthCare reported stronger revenue for its second quarter thanks in large part to its acquisition of a large physician practice group from Northwestern University.
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