Healthcare Economics & Policy

With healthcare being the largest employer in the U.S. and projected to reach 20% of national GDP in the coming years, the sector is ripe with startups looking to make a stake. However, digital health startups are struggling, even with an influx of investment cash, as a result of the current market, according to Justin Barad, MD, co-founder of surgical training platform Osso VR.

CVS Health has launched a new platform aimed at addressing social determinants of health, in collaboration with social care coordination platform Unite Us. The initiative is the first in a series of business programs to be announced by CVS Health targeting social determinants of health, which influence roughly 60% of a person’s life expectancy, the company said.

Clinical data exchange and health technology company Ciox Health has raised $30 million in equity investment in a funding round led by Merck Global Health Innovation Fund and private equity owner New Mountain Capital.

With Medicare for all on the lips of many Democratic presidential candidates and public support for universal healthcare coverage at its highest ever, concerns about healthcare usage under such a system have arisen. However, hospital use isn’t likely to rise under a Medicare-for-all plan, according to research published in the Annals of Internal Medicine.

Amazon is in a fight for patient health data after a pharmacy industry player worked to block the e-commerce giant’s online pharmacy business, PillPack, from accessing the information.

Civica Rx, the not-for-profit drug company startup created by hospital and healthcare organizations to reduce the impact of rising drug costs and shortages, has found another pharmaceutical partner to manufacture and supply 14 essential sterile injectable medications.

For people with diabetes, turning 26 is a cliff that can turn deadly. That’s because, at that age, young adults are kicked off their parents’ insurance plans and must find their own coverage and continue taking life-saving medication they simply cannot afford.

 

Merger talks between Care New England, one of the largest healthcare systems in Rhode Island, Brown University and Lifespan, operator of Rhode Island Hospital, are over.

After introducing its new HealthHub concept store in Texas, CVS Health is spreading the store model to Boston, Dallas/Fort Worth, Maryland, North Carolina, Ohio and Virginia, the company announced.

The Affordable Care Act is back in court this week after a Texas judge ruled the law unconstitutional in late 2018, prompting the American Heart Association and other major societies to issue a joint statement supporting the ACA and its protections for patients with pre-existing conditions.

More hospitals and healthcare providers are seeking medical specialists compared to primary care physicians––and many of these roles comes with the highest starting salaries in the industry.

The economic cost of the of lost earnings due to cancer deaths in the U.S. was more than $94 billion in 2015, according to a new study published in JAMA Oncology.