Friday, November 18, 2022: Life Sciences

The Food and Drug Administration (FDA) approved the first drug to prevent type 1 diabetes. Tzield, from ProventionBio and Sanofi, was approved to delay the onset of stage 3 type 1 diabetes in adults and children ages 8 and up who currently have stage 2 type 1...

Friday, November 18, 2022: Payers

Centene announced it will sell its Magellan Specialty Health to administrator Evolent Health (Evolent) as part of the insurer’s ongoing efforts to jettison its non-health plan businesses. Evolent will pay at least $400 million in cash and approximately $200 million in...

Friday, November 18, 2022: Providers

The American Medical Association (AMA) adopted a new policy that aims to protect residents who are training at teaching hospitals bought by private equity firms. The policy is in response to concerns that firms are trimming operations to increase profits following...

Friday, November 18, 2022: Providers

Intermountain Healthcare named Robert Allen as its new president and CEO effective December 1. Allen joined Intermountain in 2008 and has served as its chief operating officer since 2017. He will replace Interim President and CEO Lydia Jumonville, who has been leading...