HEALTHCARE INDUSTRY

Dec 20 2024CRIME

Luigi Mangione Faces Serious Charges in NY Court

Luigi Mangione, a suspect in the killing of UnitedHealthcare CEO Brian Thompson, showed up in New York City to answer for his alleged crimes. Federal charges against him include stalking and murder. Mangione is suspected of traveling from Georgia to commit the crime, driven by a deep-seated dislike for the healthcare industry. A notebook found in his possession detai...

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Dec 15 2024BUSINESS

Health Exec Turns to Law: Ex-UMass Chief Joins Manatt

You might think that when a big-time hospital executive like Doug Brown retires, they'd just relax or do some consulting. But Brown had other plans. Recently, he joined a unique law firm called Manatt, known for its mix of legal and consulting work. Based in Los Angeles with a Boston branch, Manatt has a small but powerful team. Brown, who led UMass Memorial Health ...

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Oct 18 2024BUSINESS

CVS Health Chooses a New Captain Amidst Sinking Stock and health Challenges

CVS Health has a new captain at the helm. David Joyner steps up to replace Karen Lynch as CEO, hoping to navigate the company through rough waters. The health care giant has been struggling a lot this year, with its stock dropping by about 19%. It's been a tough time for major pharmacy chains, competing with online rivals while dealing with slumping sales and rising ...

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Sep 20 2024HEALTH

Insulin Price Fixing: The Unseen Hand Behind Diabetes

In the world of medicine, the cost of living with diabetes is skyrocketing, and it's not just because of the drugs themselves. A recent lawsuit filed by the Federal Trade Commission (FTC) against three major pharmacy benefit managers (PBMs) sheds light on a more sinister force driving up insulin prices: the middlemen. UnitedHealth's Optum Rx, CVS Health's Caremark, a...

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