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California's drug pricing plan could pare down 340B program

Californias former Gov. Jerry Brown wanted to pare back the 340B program in his state but hospitals defeated his proposal in the legislature. Now the executive order on manufacturer negotiation from new Gov. Gavin Newsom has the potential to......

Walgreens to pay $269 million for overbilling government

National pharmacy giant Walgreens agreed to settle two allegations that it defrauded the federal government and 39 states in elaborate overbilling schemes....

Johnson & Johnson puts up strong profit and revenue in Q4

A big jump in prescription drug sales, particularly overseas, helped Johnson & Johnson swing to a large fourth-quarter profit after posting a huge loss a year earlier, when it took a $13.6 billion charge related to the late-2017 U.S. tax......

Maine governor rejects predecessor's Medicaid work rules

Maines Democratic governor wrote to the CMS that shes instead directing Maines health and labor agencies to help prepare recipients of governmental assistance for work....

Bundled-payment models' downside risk sparks provider dropouts, GAO finds

Only 39% of hospitals that participated in the second model of Bundled Payments for Care Improvement continued in the model after they faced downside risk....

Rising insulin prices drive higher diabetes care spending

The average cost of managing Type 1 diabetes spiked by nearly $6,000 from 2012 to 2016, thanks in large part to insulin prices nearly doubling during that time....

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