Health care industry

February 06, 2019 - 2:37 pm
PHILADELPHIA (AP) — Pennsylvania's health department says Ebola has been ruled out as the cause of a patient's illness at a Philadelphia hospital. Penn Medicine had said the patient at the Hospital of the University of Pennsylvania was being tested for the potentially deadly illness even though...
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FILE - In this Jan. 16, 2019, file photo Sen. Bernie Sanders, I-Vt., attends a hearing on Capitol Hill in Washington. Some of the 2020 Democratic presidential hopefuls are forging ahead with “Medicare-for-all,” but others are taking a more cautious approach. Proponents like Sanders, hold out the promise of health care as right, the potential for national savings, and no more copays, deductibles or surprise medical bills.(AP Photo/Andrew Harnik, File)
February 04, 2019 - 4:42 pm
WASHINGTON (AP) — "Medicare-for-all" is quickly becoming a rallying cry for many Democratic White House hopefuls, but there are growing questions about how to pull off such a dramatic switch to a government-run health care system. The debate over scrapping private insurers has heated up in recent...
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FILE- In this Oct. 26, 2018, file photo Health and Human Services Secretary Alex Azar speaks about proposed reforms to Medicare Part B drug pricing policies at the Brookings Institute in Washington. The Trump administration says it is moving ahead with a plan to let patients directly receive prescription drug discounts negotiated behind-the-scenes between drugmakers, middlemen, and insurers. Azar said Thursday, Jan. 31, 2019, the proposed regulation would encourage the major industry players to channel any such discounts to consumers when they purchase their prescriptions. (AP Photo/Alex Brandon, File)
February 01, 2019 - 12:16 pm
WASHINGTON (AP) — The Trump administration's top health official asked Congress on Friday to pass its new prescription drug discount plan and provide it to all patients, not just those covered by government programs like Medicare. The plan would take now-hidden rebates among industry players like...
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FILE - This May 1, 2018 file photo shows Merck corporate headquarters in Kenilworth, N.J. Merck & Co. reports earnings Friday, Feb. 1, 2019. (AP Photo/Seth Wenig, File)
February 01, 2019 - 7:58 am
Higher medicine sales and lower restructuring and other costs lifted drugmaker Merck to a $1.83 billion profit in the fourth quarter, as it edged past Wall Street expectations. The maker of blockbuster cancer drug Keytruda and Januvia diabetes pills lost $1.05 billion a year earlier, when it had a...
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FILE- In this Oct. 26, 2018, file photo Health and Human Services Secretary Alex Azar speaks about proposed reforms to Medicare Part B drug pricing policies at the Brookings Institute in Washington. The Trump administration says it is moving ahead with a plan to let patients directly receive prescription drug discounts negotiated behind-the-scenes between drugmakers, middlemen, and insurers. Azar said Thursday, Jan. 31, 2019, the proposed regulation would encourage the major industry players to channel any such discounts to consumers when they purchase their prescriptions. (AP Photo/Alex Brandon, File)
January 31, 2019 - 5:24 pm
WASHINGTON (AP) — The Trump administration Thursday unveiled a plan to channel now-hidden prescription drug discounts directly to patients, saying that would eventually lower prices for consumers. The proposed regulation from Health and Human Services Secretary Alex Azar aims to eliminate behind-...
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Trader Michael Unkonis, center, works on the floor of the New York Stock Exchange, Tuesday, Jan. 29, 2019. Stocks are opening slightly higher on Wall Street as several big U.S. companies reported solid results for the latest quarter. (AP Photo/Richard Drew)
January 29, 2019 - 2:44 pm
NEW YORK (AP) — Major U.S. stock indexes were mostly lower late Tuesday afternoon, placing the market on course for its second decline in a row. Losses in technology and media companies outweighed gains in industrial and health care stocks. Early gains faded as investors assessed a mixed bag of...
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Sen. Chuck Grassley, R-Iowa, center, chairman of the Senate Finance Committee, is joined at left by Sen. Ron Wyden, D-Ore., the ranking member, at a hearing on the high price of prescription drugs, on Capitol Hill in Washington, Tuesday, Jan. 29, 2019. (AP Photo/J. Scott Applewhite)
January 29, 2019 - 11:14 am
WASHINGTON (AP) — A senior Republican lawmaker said Tuesday he plans to investigate price spikes in the cost of insulin for people with diabetes as Congress opened hearings on the high cost of prescription drugs. "I have heard stories about people reducing their life-saving medicines, like insulin...
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FILE- This Dec. 4, 2017, file photo shows a tablet of Pfizer's Viagra, left, and the company's generic version, sildenafil citrate, at Pfizer Inc., headquarters in New York. Pfizer Inc. reports earnings Tuesday, Jan. 29, 2019. (AP Photo/Richard Drew, File)
January 29, 2019 - 7:18 am
NEW YORK (AP) — Pfizer lost $394 million in the fourth quarter as it booked billions in charges for layoffs and losses related to the acquisition of a trouble-plagued business that makes sterile injectable medicines. The world's biggest drugmaker posted a $12.3 billion profit during the same period...
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FILE - In this Jan. 7, 2019, file photo, Arizona Gov. Doug Ducey gives a speech at the state Capitol in Phoenix. Arizona's governor is looking into whether the state can remove the board of directors of a long-term care facility where a nurse is accused of raping an incapacitated woman who later gave birth. In a flurry of tweets Friday, Jan. 25, 2019, Ducey called for Hacienda HealthCare's board to be fired. (AP Photo/Rick Scuteri, File)
January 25, 2019 - 5:40 pm
PHOENIX (AP) — Arizona is looking into whether it can remove the board of directors of a long-term care facility where a nurse is accused of raping an incapacitated woman who later gave birth, the governor said Friday. In a flurry of tweets, Gov. Doug Ducey called for Hacienda HealthCare's board to...
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FILE- In this Jan. 18, 2019, file photo specialist Michael Pistillo works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Jan. 25. (AP Photo/Richard Drew, File)
January 25, 2019 - 3:42 pm
NEW YORK (AP) — Stocks closed higher on Wall Street Friday, recovering a chunk of their losses from earlier in the week. Technology and industrial companies jumped. Traders took a brighter view on the economy, and U.S. companies continued to report solid results for the fourth quarter. Energy and...
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