Hospitals Can’t Afford to Lag Behind on Cloud Adoption, Microsoft Exec Argues

Hospitals Can’t Afford to Lag Behind on Cloud Adoption, Microsoft Exec Argues

Historically, healthcare has trailed other industries when it comes to the adoption of new technology β€” often by decades. But providers that fail to get serious about bucking this trend are putting their businesses at risk of closure. That was the message from John Barto, Microsoft‘s chief digital transformation officer for its health and life … Read more

CinCor Hypertension Drug Flunks Study, But the Biotech Still Sees a Phase 3 Path

CinCor Hypertension Drug Flunks Study, But the Biotech Still Sees a Phase 3 Path

A CinCor Pharma drug intended to offer a novel alternative to currently available hypertension treatments has failed a Phase 2 study. Nevertheless, CinCor points to better results in a pre-specified subgroup of patients representative of many hypertension patients. While the biotech firm contends the data will guide the design of a study that could support … Read more

KFF: Many Women Don’t Receive Paid Parental Leave Benefit From Employers

KFF: Many Women Don’t Receive Paid Parental Leave Benefit From Employers

Fewer than half of female workers receive a paid parental leave benefit from their employer, recently report shown. This includes maternity leave (43%) and family and medical leave to care for a sick family member (44%). The Kaiser Family Foundation (KFF) report comes from the 2022 KFF Women’s Health Survey, which focused on contraception, barriers … Read more

Declarations Aren’t Enough. Health Equity Needs Action, Healthcare Execs Say

Declarations Aren’t Enough.  Health Equity Needs Action, Healthcare Execs Say

Ask a healthcare organization what its top priority is today, and many will say health equity. But when it comes to creating real change, paying lip service won’t cut it, one executive said. “It’s virtue signaling,” said SCAN Health Plan CEO Sachin Jain in a recent interview. β€œIt’s fashionable to say you care about this. … Read more

Biotech Firm Slashes 75% of Staff After FDA Rejects Drug for Rare Lung Cancer

Biotech Firm Slashes 75% of Staff After FDA Rejects Drug for Rare Lung Cancer

A Spectrum Pharmaceuticals drug developed to treat a rare type of lung cancer has been rejected by the FDA, leading the biotech company to implement an immediate restructuring that will reduce headcount by 75%. The regulatory decision announced on Friday came two months after an independent FDA advisory committee voted that the benefits of the … Read more

Biden’s New Executive Order Could Usher in an Era of Fair and Equitable Drug Pricing

Biden’s New Executive Order Could Usher in an Era of Fair and Equitable Drug Pricing

Medical drug costs An executive order signed in October by President Joe Biden instructing his administration to find more ways to lower prescription drug prices could, potentially, have a larger effect on skyrocketing drug prices than this summer’s long-awaited passage of the Inflation Reduction Act. While measures in that act, such as capping out-of-pocket drug … Read more

FogPharma’s $178M Funding Leads Way as 7 Biotechs Raise Cash for Cancer Drugs

FogPharma’s 8M Funding Leads Way as 7 Biotechs Raise Cash for Cancer Drugs

Cancer continues to be a big draw for biotech investors, and cancer research is well represented in the past week’s financing activity. Seven biotech companies announced financing rounds to support a range of tumor-targeting therapeutic approaches that include small molecules, oncolytic viruses, and peptide drugs. Peptides are the focus of FogPharma, which raised the largest … Read more

RPM Must Be in the Standard of Care for Diabetes, Kaiser Physician Says

RPM Must Be in the Standard of Care for Diabetes, Kaiser Physician Says

November ice Diabetes Awareness Month. More than 37 million US adults live with this chronic condition, which can cause a variety of complications, such as stroke, kidney disease, heart disease and blindness. To help address this epidemic, Dr. Sos Mboijana argued in a recent interview that providers should incorporate remote patient monitoring (RPM) into the … Read more

What 3 Employers Have Done To Ensure a Healthier, More Inclusive Workplace

What 3 Employers Have Done To Ensure a Healthier, More Inclusive Workplace

Employers have a responsibility to create an equitable, inclusive and healthy workplace. But what are some of the best ways to achieve that? During a panel last week at the HLTH conference in Las Vegas, several executives shared what their companies have done. For Accenturea Chicago-based business management consulting firm, employee feedback, employee resource groups … Read more

CMS: 3.4M People Have Enrolled in ACA Marketplace Health Plans

CMS: 3.4M People Have Enrolled in ACA Marketplace Health Plans

Nearly 3.4 million people have chosen an Affordable Care Act (ACA) Marketplace health plan since the open enrollment period began on November 1, the Centers for Medicare and Medicaid reported Tuesday. This represents a 17% increase in total ACA plan selections β€” both through HealthCare.gov and state-based Marketplaces β€” compared with last year, CMS said. … Read more