Health care industry
Health-care costs hit a post-pandemic high. These moves during open enrollment can help
About 165 million Americans get their health insurance through work, and yet most don’t spend much time considering what their employer is offering in the way of benefits and what it will cost. In fact, employees only spent about 45 minutes a year, on average, deciding which benefit options suit them best, a report from Aon found. Open […]
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Delta pauses hot meal service on dozens of Detroit flights citing ‘food safety issue’ at caterer
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Delta Air Lines had to suspend hot meal service on more than 200 flights out of its Detroit Metropolitan Wayne County Airport hub over the past several days because of a “food […]
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Trump or Harris? Here are the 2024 stakes for airlines, banks, EVs, health care and more
Key Points For airlines, banks, electric vehicle makers, health-care companies, media firms, restaurants and tech giants, the presidential election’s outcome could result in stark differences in the rules they’ll face, the mergers they’ll be allowed to pursue, and the taxes they’ll pay. As president, Donald Trump slashed the corporate tax rate, imposed tariffs on Chinese […]
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U.S. FDA to reconsider decision barring compounded versions of Lilly weight loss drug
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain. Cristina Arias | Cover | Getty Images The U.S. Food and Drug Administration on Friday agreed to reconsider a decision it made last month to bar drug compounders from selling their own versions of Eli Lilly’s blockbuster weight loss and diabetes drugs. The agency said […]
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Ozempic is driving up the cost of your health care, whether you can get your hands on it or not
About 165 million Americans rely on employer-sponsored health insurance and yet, workers may still not get the coverage they want — particularly when it comes to drugs like Wegovy and Novo Nordisk’s diabetes drug Ozempic. One in three employees are looking for more resources to combat obesity, according to a recent report by consulting firm Gallagher. […]
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Pharmacy deserts are appearing across U.S. as drug stores closures spread
A shuttered Rite Aid store in New Lebanon, Ohio. Kevin Williams New Lebanon, Ohio, population 3,756, has three dollar stores, a Groceryland grocery store, a few fast-food restaurants, a public library branch, and a spirit-filled school system. What it doesn’t have is a pharmacy. As part of Rite Aid’s bankruptcy filing in October 2023, the chain announced […]
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Microsoft announces new AI tools to help ease workload for doctors and nurses
Microsoft on Thursday announced new health-care data and artificial intelligence tools, including a collection of medical imaging models, a health-care agent service and an automated documentation solution for nurses. The tools aim to help health-care organizations build AI applications quicker and save clinicians time on administrative tasks, a major cause of industry burnout. Nurses spend […]
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Pfizer threatened to sue renegade executives prior to activist schism, Starboard’s Smith says
Ian Read, chairman and chief executive officer of Pfizer Inc., gestures as he speaks during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 17, 2017. Simon Dawson | Bloomberg | Getty Images Activist Starboard Value accused Pfizer of threatening litigation against the company’s former CEO and CFO in […]
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Former Pfizer CEO, finance chief step back from Starboard’s activist campaign
Ian Read, chairman and chief executive officer of Pfizer, speaks as President Donald Trump, left, listens during an announcement on a new pharmaceutical glass packaging initiative in the Roosevelt Room of the White House in Washington, D.C., July 20, 2017. Andrew Harrer | Bloomberg | Getty Images Former Pfizer CEO Ian Read and ex-CFO Frank […]
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Amazon same-day prescription delivery expanding to nearly half of U.S. in 2025
The Amazon Pharmacy home screen is seen on a smartphone, Nov. 17, 2020. Gabby Jones | Bloomberg | Getty Images Amazon plans to bring same-day prescription delivery to 20 more cities next year, the company said Wednesday, marking the latest phase of its push into health care. As part of the expansion, which will make […]
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