Monday, August 30, 2021: Payers

by | Aug 30, 2021 | Payers

An Axios analysis of financial statements shows that hospitals, drug companies, health insurers, medical device manufacturers, and other health care suppliers generated record sales and profits during the second quarter. Annualized health care spending hit almost $4...

Monday, August 30, 2021: Mental Health

by | Aug 30, 2021 | Mental Health

CVS Health Corp. is expanding its counseling services program as the COVID-19 pandemic has prompted more people to seek help for addiction, depression, and other issues. Earlier this year, CVS started stationing mental-health providers, typically a licensed clinical...

Monday, August 30, 2021: M&A

by | Aug 30, 2021 | M&A

Catalent Inc. will buy Bettera Holdings LLC, a gummy and soft-chew vitamin and supplement manufacturer, for $1 billion. Catalent, which develops and manufactures drugs for pharmaceutical companies, had about $3.1 billion in sales last year. The all-cash deal comes as...

Monday, August 30, 2021: Providers

by | Aug 30, 2021 | Providers

The U.S. saw an average of 100,000 daily COVID-19 hospitalizations over the past week for the first time since winter. Hospitalizations nationwide have increased by nearly 500 percent in the past two months, particularly across Southern states where vaccination rates...