Tag: Health care industry

UnitedHealth working to restore Change Healthcare systems by mid-March, company says

March 8, 2024 Admin No Comments

In this photo illustration the UnitedHealth Group logo displayed on a smartphone screen. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images UnitedHealth Group on Thursday said it expects to restore Change Healthcare’s systems by mid-March, offering a potential resolution to the ransomware attack that has disrupted crucial operations across the U.S. health-care system….

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In this fast-paced bull market, we’re increasing our Club price targets on 4 stocks

February 15, 2024 Admin No Comments

It’s been hard to keep up. That’s the story of the big stock winners this year. They just keep winning and winning and winning. For analysts on Wall Street and here at the Club, it seems like some of these names are smashing through our six-to-nine-month price targets every few weeks. To that end, we’re…

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Humana stock plunges on dismal 2024 forecast, as insurers face soaring medical costs

January 25, 2024 Admin No Comments

A Humana Inc. office building in Louisville, Kentucky, Feb. 3, 2019. Bloomberg | Bloomberg | Getty Images Shares of Humana plummeted Thursday after the health insurer issued dismal full-year earnings guidance, citing soaring medical costs that are dogging the broader insurance industry. Those expenses have spiked as an increasing number of older adults return to…

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Pentagon waited three days to inform White House that the defense secretary was hospitalized in ICU

January 7, 2024 Admin No Comments

WASHINGTON — Amid tensions in the Middle East, Secretary of Defense Lloyd Austin was hospitalized, including spending four days in the intensive care unit, according to two senior administration officials. The Pentagon did not inform senior officials in the White House’s National Security Council of Austin’s hospitalization until Thursday — three days after he arrived…

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The weight loss drug boom isn’t over yet — here’s what to expect in the year ahead

December 17, 2023 Admin No Comments

George Frey | Bloomberg | Getty Images Weight loss drugs exploded into the public eye this year, and 2024 will bring more change to the evolving market. The drugs skyrocketed in popularity in 2023 as they helped patients shed significant weight, despite hefty price tags, mixed insurance coverage and a handful of unpleasant side effects. …

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China reports no ‘unusual or novel pathogens’ after WHO seeks data on respiratory illness outbreak

November 24, 2023 Admin No Comments

Crowd gathers during China’s Lunar New Year celebrations. Nurphoto | Getty Images Chinese authorities reportedly called for vigilance Friday as a spike in respiratory illness continues to pile pressure on health care facilities in the north of the country, despite assurances that no “unusual or novel pathogens” have been detected. The World Health Organization said…

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Many are betting Ozempic will reduce the need for knee surgery. What it means if they’re wrong

October 14, 2023 Admin No Comments

Medical device stocks of all kinds were pummeled over the past week as investors tried to calculate the ripple effects of new weight loss drugs. It wasn’t the first rout in the sector — the pressure has persisted for several months. The fear has been that whenever you have a large group of consumers changing…

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CDC recommends Pfizer maternal RSV vaccine to protect infants, paving way for fall availability

September 22, 2023 Admin No Comments

A doctor vaccinates an infant against respiratory syncytial virus (RSV) in a treatment room of her paediatric practice. Swen Pförtner | Picture Alliance | Getty Images The Centers for Disease Control and Prevention on Friday recommended Pfizer‘s maternal vaccine that protects infants from respiratory syncytial virus, putting the shot on track to be available in the U.S. this fall….

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FTC allows Amgen to move forward with $27.8 billion Horizon Therapeutics acquisition

September 1, 2023 Admin No Comments

The Amgen logo is displayed outside Amgen headquarters on May 17, 2023 in Thousand Oaks, California. Mario Tama | Getty Images The Federal Trade Commission on Friday said it has reached a deal with drug giant Amgen to allow the company’s $27.8 billion purchase of Horizon Therapeutics to move forward. The two companies now expect…

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Wegovy-maker Novo Nordisk raises outlook as sales of its weight-loss drug soar

August 10, 2023 Admin No Comments

A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. Jim Vondruska | Reuters Novo Nordisk, which makes the weight-loss drug Wegovy, raised its outlook for 2023 Thursday, as it reported soaring sales. The Danish pharmaceutical company reported a 30% increase…

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