BOSTON (Reuters) – Healthcare services company Mednax’s (MD.N) stock price closed up nearly 4% on Monday after its founder and chief executive and several board members were replaced, half a year after activist investor Starboard Value began pressing for chang... More »
TOKYO (Reuters) – U.S. buyout fund Bain Capital said on Thursday it had extended its deadline for a $1 billion buyout offer for Japanese nursing home operator Nichiigakkan Co for a second time. Bain’s bid to buy all of Nichiigakkan’s shares has been extended t... More »
(Reuters) – South Africa’s Life Healthcare said on Tuesday its southern African operation was hit by a cyber attack affecting its admissions systems, business processing systems and email servers, but is yet to determine the extent to which data has been compr... More »
(Reuters) – Troubled hospital operator NMC Health (NMC.L) on Monday said it requested London Stock Exchange to delist its shares after they remained suspended for two months. The UAE-based company was placed into administration earlier this month, on the appli... More »
BOSTON (Reuters) – Glenview Capital Management, the hedge fund run by Larry Robbins, has lost roughly 30% in the first three months of 2020 as the spread of the new coronavirus hurt the healthcare facilities and hospital operators the firm has invested in. The... More »
TOKYO (Reuters) – Japan’s Shionogi & Co (4507.T), creator of the blockbuster cholesterol treatment Crestor, said on Monday it would tie up with Ping An Insurance Group Co of China (601318.SS), selling a 2.05% voting stake for 33.53 billion yen ($311 million). ... More »
SAN FRANCISCO (Reuters) – Google sister company Verily launched a website late on Sunday that invites adults in northern California to answer questions about their recent health and travel that could result in their getting a free coronavirus test. U.S. Presid... More »
(Reuters) – The coronavirus pandemic has begun to impact the U.S. court system, halting civil and criminal jury trials in high-profile venues such as Manhattan’s federal court and delaying a $1 billion trial against Elon Musk that was slated to begin Monday. T... More »
TOKYO (Reuters) – Japan’s Rakuten Inc plans to set its big data mobile plan at 2,980 yen ($27.68) per month, or less than half of major rivals’ offerings, the Nikkei business daily reported on Monday. The company said in a statement it was not the source of th... More »
(Reuters) – NMC Health (NMC.L) said on Monday its founder BR Shetty had resigned as the Emirati healthcare group’s joint non-executive chairman, leaving UK businessman H.J. Mark Tompkins as sole chairman. NMC, the United Arab Emirates’ largest private healthca... More »
(Reuters) – NMC Health (NMC.L) said on Monday its founder BR Shetty had resigned as joint non-executive chairman, months after the UAE healthcare group was thrown into turmoil by doubts over its finances. NMC is the largest private healthcare company in the Un... More »
ABU DHABI (Reuters) – Abu Dhabi has partnered with U.S. non-profit organization Mayo Clinic in a joint venture to operate one of the largest hospitals in the United Arab Emirates as it seeks to become a regional hub for world-class healthcare. State-owned Abu ... More »
(Reuters) – CVS Health Corp said on Saturday it will discontinue sales the popular Zantac heartburn treatment and its own generic ranitidine products from its pharmacies after traces of a known carcinogen were found in some of the products by the U.S. Food and... More »
WASHINGTON (Reuters) – Former U.S. Vice President Joe Biden, the front-runner in the Democratic presidential race, unveiled a healthcare plan on Monday estimated to cost $750 billion and paid for partly by higher tax rates for the wealthy and doubled tax rates... More »
NEW YORK (Reuters) – Record highs in the U.S. stock market and the anticipation of equity-friendly interest rate cuts by the Federal Reserve later this year are prompting top-performing large-cap fund managers to seek out unloved stocks in hopes of further gai... More »
INDIANAPOLIS (Reuters) – Eli Lilly and Co has pulled ahead in a three-way race with Amgen Inc and Teva Pharmaceutical Industries Ltd in attracting new patients to a new class of migraine drugs, and seeks to build on that advantage by stressing that its therapy... More »
(Reuters) – The Trump administration is working on a new payment approach for treating kidney disease that favors lower cost care at home and transplants, a change that would upend a dialysis industry that provides care in thousands of clinics nationwide. The ... More »
NEW YORK (Reuters) – CVS Health Corp, a top U.S. manager of pharmacy benefits, has added new migraine drugs from Teva Pharmaceutical Industries and Eli Lilly and Co to its list of covered drugs, excluding a rival treatment from Amgen Inc, a CVS spokeswoman tol... More »
(Reuters) – Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies. Ruth Smith, who used a walker, fell down two concrete steps in the theater and died about six weeks later. Now Smi... More »
MIT NAMA (Reuters) – When Houaida Mabrouk heard about a government campaign that offers free hepatitis C screenings, she hesitated, afraid of testing positive. But after many from her community started visiting health clinics to get checked, she changed her mi... More »
SHANGHAI (Reuters) – The Chinese government on Thursday ordered a temporary halt to research activities for people involved in the editing of human genes, after a Chinese scientist said he had edited the genes of twin babies. Scientist He Jiankui said this wee... More »
SYDNEY (Reuters) – Australia’s corporate regulator said the local arm of Goldman Sachs has agreed to review how it sells shares to investors, after it failed to notify the market about dwindling interest in a block trade it conducted for Healthscope (HSO.AX) i... More »
BOSTON (Reuters) – Billionaire investor Daniel Loeb on Sunday stepped up pressure on food group Nestle SA (NESN.S), in a letter that urged its board to be “sharper,” “bolder” and “faster” in spinning off businesses and untangling its complex management structu... More »
LONDON (Reuters) – A venture capital fund dedicated to finding new ways to prevent and treat dementia has raised $350 million, far exceeding the initial target of $200 million set on its launch in 2015. The global Dementia Discovery Fund (DDF), an initiative o... More »
SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd will inject some of its online pharmacy business into a listed unit in a deal valued at HK$10.6 billion ($1.35 billion), the firm said in a statement on Tuesday. Alibaba Health Information... More »
MUMBAI/KOCHI (Reuters) – India began a fresh round of tests to trace the origin of a rare brain-damaging virus that has killed 13 people, a health official said on Monday, as initial tests on animals suspected of carrying the Nipah virus showed no sign of the ... More »
(Reuters) – U.S. hospital operator HCA Healthcare Inc (HCA.N) and private equity firm KKR & Co (KKR.N) have joined forces to make an offer for U.S. physician services provider Envision Healthcare Corp (EVHC.N), people familiar with the matter said on Friday. T... More »
(This version of the May 3 story was refiled to removes extraneous words in Credit Suisse title in paragraph 11) By Danilo Masoni MILAN (Reuters) – The recent recovery in the dollar has raised hopes that currency turbulence for European corporates will now sub... More »
NEW YORK (Reuters) – Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday of charges stemming from what prosecutors have described as an insider trading scheme based on leaks from within a federal healthcare agency. ... More »
(Reuters) – No. 2 U.S. nursing home chain HCR ManorCare Inc won court approval on Friday for a plan to exit a $7.1 billion Chapter 11 bankruptcy by transferring ownership to its landlord, Quality Care Properties Inc (QCP.N). U.S. Bankruptcy Judge Kevin Gross i... More »
JALORE, India (Reuters) – Bhawri Devi, an illiterate Indian laborer, thought she was dying when she started to lose her hearing last month. She went to a government hospital near her remote village in the western state of Rajasthan to be treated, but it did no... More »
(Reuters) – One of the most severe flu seasons in the United States this past decade is proving to be a shot in the arm for U.S. hospital operators that have struggled with tepid patient admissions in recent quarters. Hospital operators Tenet Healthcare Corp (... More »
FILE PHOTO: A sign on an insurance store advertises Obamacare in San Ysidro, San Diego, California, U.S., October 26, 2017. REUTERS/Mike Blake/File Photo NEW YORK (Reuters) – Slightly fewer Americans have enrolled for insurance through the federal Obamacare ma... More »
NEW YORK (Reuters) – Ascension Health and Providence St. Joseph Health are in talks about a merger between the two Catholic non-profits that would create the largest U.S. hospital chain, the Wall Street Journal reported on Sunday, citing people familiar with t... More »
(Reuters) – Mednax Inc, a U.S. healthcare network operator targeted by activist hedge fund Elliott Management Corp, is fielding acquisition interest from several private equity firms, according to people familiar with the matter. Elliott disclosed a 7 percent ... More »
Genesis Healthcare Inc, one of the largest U.S. nursing home operators, expects to bounce back from industry woes after reaching a deal to restructure some of its leases, Chief Executive George Hager told investors on Thursday. More »
European shares were flat on Monday with banks weighing and Madrid's bourse lagging its peers as Catalonia's political crisis deepened. More »
A shortage of nurses at U.S. hospitals hit West Virginia's Charleston Area Medical Center at the worst possible time. More »
Companies are preparing for a future without a crucial lending benchmark, adding language to their leveraged loan documents that allow them to choose an alternative rate, sometimes without input from lenders. More »
U.S. President Donald Trump moved to undermine Obamacare dramatically late on Thursday by cutting off subsidies to health insurance companies for low-income patients, sparking threats of legal action and concern of chaos in insurance markets. More »
As Hurricane Irma lashed Orlando, Florida, last month, Amanda Leite needed a doctor for her 4-year-old daughter, who had a fever. More »
When the U.S. Congress returns from summer vacation on Tuesday, for the first time in years gutting Obamacare will not be the main order of business on the healthcare agenda. More »
Structural improvements over the last decade to Houston hospitals have helped them so far to avoid devastation like Hurricane Katrina in New Orleans in 2005, but the pounding it is receiving from Tropical Storm Harvey is expected to financially hobble many alr... More »
European shares rose on Monday after geopolitical tension had sent them to their worst weekly losses of the year. More »
Envision Healthcare Corp (EVHC.N) said on Tuesday it would sell its ambulance business to buyout firm KKR & Co (KKR.N) in an all-cash deal valued at $2.4 billion as it sharpens its focus on its core businesses. More »
Basic resources and energy stocks helped European benchmarks build on the previous week's robust gains on Monday, as commodity prices climbed. More »
U.S. President Donald Trump delivers remarks about his proposed U.S. government effort against the street gang Mara Salvatrucha, or MS-13, to a gathering of federal, state and local law enforcement officials in Brentwood, New York, U.S. July 28, 2017. U.S. Pre... More »
Five health insurance companies in Ohio, including Molina Healthcare Inc, have stepped up to sell health plans in 19 counties that would have been without Obamacare individual coverage in 2018, the state’s insurance regulator said on Monday. More »
Senate Majority Leader Mitch McConnell speaks at a Harden County Republican party fundraiser in Elizabethtown, Kentucky, U.S., June 30, 2017. The U.S. Senate will delay its consideration of healthcare legislation while Arizona Republican Senator John McCain re... More »
U.S. Senator Susan Collins (R-ME) talks to reporters as she leaves a meeting of the Senate Republican caucus to unveiling of Senate Republicans’ revamped proposal to replace Obamacare health care legislation at the U.S. Capitol in Washington, U.S. July 13, 201... More »
Two major U.S. health insurance groups on Friday called on Senate Republican leader Mitch McConnell to drop from a healthcare bill a provision proposed by Senator Ted Cruz that allows insurers to offer stripped-down, low-cost healthcare plans. More »
The entrance to the newly constructed Kaiser Permanente San Diego Medical Center hospital is shown in San Diego, California, U.S., April 17, 2017. Senate Republicans pushing to overhaul Obamacare largely ignored key players in the debate over insuring the poor... More »
Senate Majority Leader Senator Mitch McConnell (R-KY) attends a new conference following party policy lunch meeting at the U.S. Capitol in Washington, U.S. July 11, 2017. U.S. Senate Republicans said Tuesday they will seek to bring their healthcare overhaul to... More »
U.S. Senator John McCain speaks during a news conference in Kabul, Afghanistan July 4, 2017. REUTERS/Mohammad Ismail Republicans expressed increasing pessimism on Sunday about the prospects for the healthcare bill in the U.S. Senate aimed at rolling back Obama... More »
Senate Majority Leader Mitch McConnell speaks at a Harden County Republican party fundraiser in Elizabethtown, Kentucky, U.S., June 30, 2017. REUTERS/Bryan Woolston U.S. Senate Republican leader Mitch McConnell said on Thursday that Congress must act to shore ... More »
The White House said on Friday it was “fully committed” to pushing a Republican draft healthcare bill through the Senate, although it was looking at every option for repealing and replacing Obamacare. More »
U.S. President Donald Trump listens as South Korean President Moon Jae-in delivers a statement from the Rose Garden after meetings at the White House in Washington, U.S. June 30, 2017. REUTERS/Jim Bourg U.S. President Donald Trump urged Republican senators in ... More »
Senator Susan Collins (R-ME) speaks to reporters after Senate Republicans unveiled their version of legislation that would replace Obamacare on Capitol Hill in Washington, U.S., June 22, 2017. REUTERS/Joshua Roberts Republican Senator Susan Collins of Maine sa... More »
FILE PHOTO: An Americans for Prosperity banner is seen during an event in Manchester, New Hampshire, July 22, 2015. REUTERS/Dominick Reuter Officials with the conservative U.S. political network overseen by the Koch brothers say they are unhappy with the healt... More »
U.S. President Donald Trump delivers remarks as he hosts a Congressional picnic event, accompanied by First Lady Melania Trump, at the White House in Washington, U.S., June 22, 2017. REUTERS/Carlos Barria President Donald Trump made calls to fellow Republicans... More »
FILE PHOTO – Senator Dean Heller (R-NV) arrives at the Senate Judiciary Committee Privacy, Technology and the Law Subcommittee hearing on The Surveillance Transparency Act of 2013 on Capitol Hill in Washington, November 13, 2013. REUTERS/Yuri Gripas U.S. Repub... More »
An emergency sign points to the entrance to Scripps Memorial Hospital in La Jolla, California, U.S. March 23, 2017. REUTERS/Mike Blake Health insurers are concerned about the U.S. Senate’s plans to cut the Medicaid program for the poor and the impact such a mo... More »
U.S. Capitol is seen after the House approved a bill to repeal major parts of Obamacare and replace it with a Republican healthcare plan in Washington, U.S., May 4, 2017. REUTERS/Yuri Gripas U.S. Senate Republicans on Thursday unveiled legislation that would r... More »
U.S. President Donald Trump takes the stage for a rally at the U.S. Cellular Center in Cedar Rapids, Iowa, U.S. June 21, 2017. REUTERS/Scott Morgan U.S. President Donald Trump said he supported a Republican healthcare bill to replace Obamacare that was unveile... More »
Speaker of the House Paul Ryan (R-WI) speaks after Senate Republicans unveiled their version of legislation that would replace Obamacare on Capitol Hill in Washington, U.S., June 22, 2017. REUTERS/Joshua Roberts After weeks of discussions behind closed doors, ... More »
Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, June 13, 2017. REUTERS/Staff/Remote Stocks rose on Wednesday, but worries about stretched valuations and caution before a near-certain rate hike by t... More »
President Donald Trump on Tuesday said that the Republican push to repeal Obamacare may require additional money for healthcare, but he did not specify how much more funding would be needed or how it might be used. More »
An electronic patients chart is shown on the wall to a hospital room in San Diego, California April 17, 2017. REUTERS/Mike Blake A bill passed by U.S. House Republicans would cause 23 million people to lose healthcare coverage by 2026 while de-stabilizing heal... More »
A hooded man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration Asian governments and businesses reported some disruptions from the WannaCry ransomware worm on Monday... More »
A hooded man holds a laptop computer as blue screen with an exclamation mark is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration Officials across the globe scrambled over the weekend to catch the culprits ... More »
Tom Bossert, Homeland Security Advisor to President Trump, announces that Trump today signed an executive order to bolster the government’s cyber security and protect the nation’s critical infrastructure from cyber attacks, during a news briefing at the White ... More »
U.S. medical equipment supplier Becton Dickinson and Co will acquire C R Bard Inc, in a $24 billion cash-and-stock deal, adding Bard’s devices to its portfolio in the high-growth sectors of oncology and surgery, both companies said on Sunday. More »
An emergency sign points to the entrance to Scripps Memorial Hospital in La Jolla, California, U.S. March 23, 2017. REUTERS/Mike Blake The Trump administration on Thursday issued a final rule that will shorten the Obamacare enrollment period and give insurers ... More »
U.S. President Donald Trump arrives for the swearing in ceremony of Judge Neil Gorsuch as an Associate Supreme Court Justice in the Rose Garden of the White House in Washington, U.S., April 10, 2017. REUTERS/Joshua Roberts President Donald Trump said tax refor... More »
U.S. House Speaker Paul Ryan (R-WI) speaks during his news conference after Republicans pulled the American Health Care Act bill to repeal and replace the Affordable Care Act act known as Obamacare, prior to a vote on Capitol Hill in Washington, U.S. March 24,... More »
U.S. President Donald Trump and fellow Republicans in the House of Representatives have proposed a healthcare law to kick off their promise to repeal and replace Obamacare. More »
Speaker of the House Paul Ryan (R-WI) speaks to the media on Capitol Hill in Washington, U.S., March 16, 2017. REUTERS/Joshua Roberts U.S. House Republicans are working on changes to their healthcare overhaul bill to provide more generous tax credits for older... More »
The House Budget Committee begins the markup of the American Healthcare Act on Capitol Hill in Washington, U.S., March 16, 2017. REUTERS/Joshua Roberts Deeply divided Republicans squeezed their U.S. healthcare overhaul, backed by President Donald Trump, throug... More »
Senate Majority Leader Mitch McConnell departs after speaking with the media following the Republican policy luncheon on Capitol Hill in Washington, D.C., U.S., March 14, 2017. REUTERS/Aaron P. Bernstein The White House and congressional leaders said on Tuesda... More »
Copies of amendments offered during a marathon House Energy and Commerce Committee hearing on a potential replacement for the Affordable Care Act are seen on Capitol Hill in Washington March 9, 2017. REUTERS/Aaron P. Bernstein The Trump administration is worki... More »
A copy of Obamacare repeal and replace recommendations (L) produced by Republicans in the U.S. House of Representatives sit next to a copy of the Affordable Care Act known as Obamacare as U.S. Health and Human Services Secretary Tom Price addresses the daily p... More »
Activist hedge fund Elliott Management Corp said on Friday it had entered into a standstill agreement with U.S. healthcare services company Advisory Board Co. More »
Trevor Fetter, CEO of Tenet Healthcare, speaks at the Reuters Health Summit in New York, May 7, 2013. REUTERS/Brendan McDermid The delays in Republican plans to overhaul Obamacare are helpful to hospital operator Tenet Healthcare Corp, the company’s chief exec... More »
U.S. Rep. Tom Price (R-GA) listens to opening remarks prior to testifying before a Senate Finance Committee confirmation hearing on his nomination to be Health and Human Services secretary on Capitol Hill in Washington, U.S., January 24, 2017. REUTERS/Carlos B... More »
Laboratory Corporation of America Holdings (LabCorp) is in talks to acquire contract researcher Pharmaceutical Product Development LLC (PPD) for more than $8 billion, including debt, people familiar with the matter said on Friday. More »
U.S. Supreme Court is seen in Washington, U.S., October 3, 2016. REUTERS/Yuri Gripas/File Photo Supreme Court justices, hearing a dispute over presidential powers a day before the U.S. election, indicated on Monday they might curb a president’s authority to st... More »
U.S. President Barack Obama delivers remarks about health insurance marketplace enrollments and the Affordable Care Act, commonly known as Obamacare, in Milwaukee, Wisconsin March 3, 2016. REUTERS/Jonathan Ernst Nearly a third of U.S. counties will likely be s... More »
SYDNEY The head of Australia’s largest bank said its insurance business, CommInsure, had used an outdated and discredited definition of a heart attack to deny some claims from clients and he would apologize to any customers adversely affected. “I am saddened a... More »
NEW DELHI A doctor at a hospital in India’s capital, New Delhi, was recently tracking a wall of monitors displaying the vital signs of intensive care patients admitted hundreds of miles away when red-and-yellow alerts rang out. The oxygen flow to a 67-year-old... More »
Health insurer Anthem Inc (ANTM.N), which is in the process of buying smaller rival Cigna Corp (CI.N), reported a 6.3 percent rise in quarterly revenue as more people enrolled in its Medicaid plans. Anthem, which operates Blue Cross Blue Shield plans in more t... More »
