Tuesday, December 21, 2021: Mental Health

The U.S. Department of Health and Human Services (HHS) announced $282 million in additional funding to transition a nationwide suicide prevention hotline from its 10-digit number to three digits: 988. The funding includes more money to help states staff up existing...

Tuesday, December 21, 2021: M&A

Oracle will buy Cerner, one of the largest vendors of electronic health record systems, for $28.3 billion in cash. The move positions Oracle as an even bigger health care player, as 25 percent of all hospitals use Cerner’s electronic records system. Oracle could...

Tuesday, December 21, 2021: Life Sciences

Biogen said that it has reduced the price of its Alzheimer’s drug Aduhelm by half. The moves follow a disappointing commercial launch of Aduhelm, as well as anger over the drug’s high price. Biogen also said it is planning a series of cost-cutting measures across the...