Mark Bertolini speaking at the CNBC Evolve New York event on June 19. 2019.Astrid Stawiarz | CNBCMark Bertolini has helped Oscar Health move toward profitability, after taking over as CEO of the health insurer a year ago. Now, he says the company's next phase of growth and profitability will...
Artificial intelligence for cancer screening has taken off.Yet most of those new programs aren't covered by Medicare or private insurers, which creates headwinds for companies looking to boost adoption and for patients who could benefit from the new technology. "Traditionally, for medical devices it takes up to seven years...
Omar Marques | Lightrocket | Getty ImagesUnitedHealth Group's first-quarter earnings call will mark the health care giant's first major public comments since a cyberattack on its Change Healthcare billing and payments subsidiary in February, which has led to the largest disruption in U.S. health care since the Covid pandemic."Everybody...
Blood sample of patient positive tested for sickle cell.Kitsawet Saethao | Istock | Getty ImagesThe approval of two gene therapies to treat sickle cell disease has given hope to patients who suffer from the debilitating disease, which overwhelmingly affects Black people and people of color.Health officials now face a...
Tyson Foods Inc., sign at Tyson headquarters in Springdale, Ark.April L. Brown | APTyson Foods will become one of the first Fortune 100 companies to stop using the nation's traditional large pharmacy benefits managers, as it looks to cut spending on high-cost drugs. After putting its benefits contract up...
An employee works on the production line of pharmaceutical company Zentiva in Prague, Czech Republic, May 6, 2021.David W. Cerny | ReutersThe health-care sector has wiped out much of its losses for the year during the December market rally. Beaten-down biotech and medical device makers have seen the biggest...
Zaza Cristina Robles worked as a pregnancy coach in her native Peru, so when she arrived in the U.S. at 16 weeks pregnant, the first thing she did after settling in with her in-laws was to seek medical care."When they showed us the bill, it was so expensive, my...
Tim Wentworth, former CEO of Express Scripts.Getty ImagesWalgreens Boots Alliance has chosen veteran health care executive Tim Wentworth as the company's new chief executive.Wentworth is the former CEO of the nation's largest pharmacy benefits management company, Express Scripts, which was acquired by Cigna in 2018. He stayed on and...
Luis Alvarez | Digitalvision | Getty ImagesHigh health care costs are hitting women in the U.S. workforce much harder than men.Working women spend $15.4 billion more in out-of-pocket health expenses annually compared to their male counterparts, according to a new analysis of employer-sponsored health plans from Deloitte Consulting.The study...
Rafael Henrique | Lightrocket | Getty ImagesCVS Health is partnering with drugmaker Sandoz to produce a near identical version of the blockbuster arthritis treatment Humira that will sell for 80% below the price of the brand-named drug.The move is part of the company's new venture focused on securing, and...