New Jersey unions slam Murphy’s 37 percent healthcare hike, demand emergency legislative return
TRENTON — A coalition of more than a dozen public sector unions representing over 140,000 New Jersey workers is pushing back against Governor Phil Murphy’s proposed 37% increase in healthcare costs for…
Healthcare Worker Arrested for Stealing Drugs Out of Brick Medical Office
Brick, NJ – A healthcare worker was arrested on charges of stealing narcotics from her workplace, the Vascular Institute at Atlantic Medical Imaging, following a tip-off and subsequent investigation by the Street…
American Healthcare REIT aims to raise up to $840 million in US IPO
(Reuters) -American Healthcare REIT said on Monday it was aiming to raise up to $840 million in an initial public offering (IPO) in New York. The move comes against the backdrop of…
LatAm healthcare firm Auna files U.S. public offering
(Reuters) – Auna, a healthcare provider operating in three Latin American countries, filed for an initial public offering (IPO) on the New York Stock Exchange on Tuesday. The company, founded in Peru…
U.S. ‘soft landing’ scenario could boost healthcare, industrials shares -MS strategists
By Lewis Krauskopf NEW YORK (Reuters) – A “soft landing” economic scenario in the United States could boost an array of stocks ranging from healthcare to industrials to small-cap shares, depending on…
Analysis-Unloved healthcare stocks draw investors despite US election risks
By Lewis Krauskopf NEW YORK (Reuters) – The U.S. healthcare sector is showing signs of life after lagging in 2023 as investors bet cheap valuations will offset a tendency to underperform during…
California Joins Oregon Offering Free Healthcare, Sanctuary to Illegal Migrants
SACRAMENTO, CA – California is set to launch a significant expansion of its health care system, extending free medical coverage to more than 700,000 undocumented immigrants. The initiative, beginning Monday, represents one…
Goldman: Hedge and mutual funds favour banking and healthcare over tech
By Naomi Rovnick and Nell Mackenzie LONDON (Reuters) – Leading hedge funds and mutual funds are betting on gains outside the tech sector in coming months, Goldman Sachs research shows. The ten…
Hedge funds dump healthcare stocks, buy small caps – BofA
By Carolina Mandl NEW YORK (Reuters) – Hedge funds cut their exposure in equities, mainly in healthcare, while adding a bit of small-cap stocks to their portfolios last week, according to a…
Abris mulls sale of Polish healthcare company Scanmed -sources
By Anna Koper WARSAW (Reuters) -Abris Capital Partners investment fund is mulling a sale of private healthcare provider Scanmed Group, with Polish cardiovascular care company American Heart of Poland being the most…
Tenet Healthcare to sell 3 South Carolina hospitals for about $2.4 billion
(Reuters) -Tenet Healthcare said on Friday it would sell three of its hospitals and related operations in South Carolina for about $2.4 billion in cash, in a move aimed at reducing its…
France eyes cuts to business subsidies and healthcare spending
PARIS (Reuters) – France’s government aims to rein in spending on business subsidies and medical care as part of plans to come up with 12 billion euros in savings from 2025, government…
US drops antitrust case over healthcare hiring agreements
By Mike Scarcella (Reuters) – The U.S. Justice Department has asked a judge to dismiss the government’s prosecution of a UnitedHealth Group affiliate accused of unlawfully restricting employee mobility, marking a new…
Weight loss drugs transforming healthcare, may help with addiction -Reuters Events
By Julie Steenhuysen and Caroline Stauffer CHICAGO (Reuters) – A new class of weight loss drugs is transforming the U.S. healthcare system in ways that could extend to equally hard-to-treat areas like…
GE HealthCare beats quarterly profit estimates on imaging device demand
(Reuters) – GE HealthCare Technologies Inc on Tuesday beat Wall Street expectations for third-quarter profit as a continued recovery in demand for surgical procedures boosted sales of its medical devices. Demand for…
JPMorgan strategists advise opening a short in European banks, upgrade healthcare
LONDON (Reuters) – Strategists at JPMorgan have advised opening a ‘short’ position in European banks, and moved the sector from ‘neutral’ to ‘underweight’, they said in a note published on Monday. “If…
Kaiser Permanente resumes talks with healthcare workers union week after strike
By Steve Gorman LOS ANGELES (Reuters) – Kaiser Permanente and the union representing healthcare workers resumed negotiations on Thursday, more than a week after contract talks broke off at the start of…
‘Necessary Healthcare’: John Kirby Gets Fiery While Defending The National Security Importance Of Affordable Abortions
‘Necessary Healthcare’: John Kirby Gets Fiery While Defending The National Security Importance Of Affordable Abortions Harold Hutchison on October 3, 2023 White House National Security Council spokesman John Kirby attacked Republican Sen.…
Chanhassen Psychologist Sentenced for Healthcare Fraud
ST. PAUL, MN – Charles Howard Jorenby, a 57-year-old psychologist from Chanhassen, has been sentenced to 24 months in prison and three years of supervised release for fraudulently billing counseling services he…
New Jersey Expands Law to Allow Less Qualified Healthcare Workers to Perform Abortions
TRENTON, NJ – Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced a new rule proposal by the State Board of Medical Examiners aimed at expanding the number of…
U.S. Bancorp adding 50 bankers to serve healthcare offices
By Tatiana Bautzer and Nupur Anand NEW YORK (Reuters) – U.S. Bancorp is starting a new business banking group to serve medical, dental and veterinary practices, the company said on Thursday.The Minneapolis-based…
Berry Global initiates formal review of healthcare business
(Reuters) -Berry Global Group said on Friday it has initiated a formal process to evaluate strategic alternatives for its health, hygiene and specialties segment (HH&S). The segment accounted for 22% of consolidated…
Column-US Medicare drug negotiations a good start on bringing down healthcare costs
By Mark Miller (Reuters) – An important Biden administration effort to control the soaring cost of prescription drugs made headlines this week – but drug costs are just one part of a…
Far from fighting, doctor strikes aggravate healthcare collapse in Port Sudan
PORT SUDAN (Reuters) – The army-controlled coastal city of Port Sudan has become a refuge from the war raging to the west, but its health system is in near collapse due to…
Chinese healthcare stocks hit by stepped up anti-graft crackdown
SHANGHAI (Reuters) – A year-long slump in China’s healthcare stocks has accelerated this week as an anti-corruption campaign gathers pace, threatening the sales of some drug makers and medical equipment producers. The…
Pharmaceutical Exec Sentenced in Healthcare Fraud Scheme
A federal jury in the Middle District of Tennessee has found a medical doctor, Bowdoin Smith, guilty of unlawfully distributing controlled substances. The evidence presented at the trial and court documents revealed…
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