Collateral damage of the Fed’s interest rate hikes: People who put medical bills on credit cards
Tiffany Yarina didn’t max out her credit card from a home renovation or luxury purchase….
Category: finance
STAT+: 5 burning questions about Amazon’s $3.9 billion acquisition of One Medical
With its acquisition of One Medical, Amazon is setting its sights squarely on shaking up…
STAT+: Amazon to acquire One Medical for $3.9 billion in a bold bet on primary care
Retail giant Amazon announced plans Thurday to acquire primary care company One Medical in a…
STAT+: Edwards Lifesciences chief tops list of highest-paid medical device CEOs
Medical device executives generally made less in 2021 than in 2020, as the pandemic again…
STAT+: HCA Healthcare, Cigna chiefs top the lists of best-paid CEOs among providers, insurers
Health insurers and providers often argue over payments at the negotiating table, but in the…
STAT+: Biotech executives pull in some of health care’s biggest paydays, with Regeneron’s CEO sitting atop the pack
When it comes to executive compensation in the biotech and pharma sectors, it pays to…
Biotech employees cash in health care’s largest salaries, while people working at providers sit near the bottom
It pays to be in the lab. It pays way less to be at the…
Health care’s high rollers: As the pandemic raged, CEOs’ earnings surged
Health care’s top executives sat comfortably atop their perch during the second year of the…
STAT+: UnitedHealthcare to offer $0 insulin, Epi-Pens, but only for some members
Next year, UnitedHealthcare will offer employer health plans that have no copays or out-of-pocket costs…
Insurers, courts grapple with how and when to pay for wilderness therapy — a polarizing industry with a sordid past
The problems started early on. The young girl from a Denver suburb — identified in…
STAT+: Health tech funding is down. Here’s what investors make of the market
In 2021, funding for health technology companies went on a tear and by July, a…
Opinion: STAT+: How pharma and biotech can keep innovating in a bear market
Over the last decade, the biotech sector experienced the largest boom it has ever seen….
Listen: VC malaise, FDA confusion, & yet another Alzheimer’s debate
Is the era of the unicorn over? What’s gotten into the FDA? And will a…
STAT+: Under new ownership, IBM Watson Health’s core assets get a rebranding
The IBM Watson Health brand comes with baggage. But for its new owners, the core…
STAT+: The Q3 health tech tracker: 11 key industry events and debates to watch
It’s been a humbling first half of the year for health tech companies. Previously abundant…
STAT+: ‘Really scared and frightened’: VC deals and valuations begin falling apart as biotech’s stock shock becomes one of the longest in history
The drug industry is experiencing one of the longest market downturns it has ever seen,…
STAT+: The near-term outlook for pharma industry earnings just got a little worse
The near-term earnings outlook for the pharmaceutical industry was revised downward by a major credit…
STAT+: Hospitals have to post their prices. Now, health insurers and employers have to publish what they pay
The federal government’s latest push for more health care price transparency starts July 1, and…
STAT+: ARCH Venture Partners raises $3 billion fund to invest in biotech startups despite brutal stock downturn
The market for biotechnology stocks is ghastly, but ARCH Venture Partners, one of the largest…
STAT+: Cue Health rode Covid-19 to an NBA deal and a $3 billion valuation. Now it faces layoffs and a rocky future
It didn’t have the brand recognition of Abbott, or the billions of the medical technology…
STAT+: With cryptocurrency and NFTs, ‘decentralized science’ seeks to upend drug industry financing
When Alok Tayi’s daughter was born last year, he found himself in a place no…
STAT+: HCA, Steward abandon hospital deal in another win for FTC
For-profit hospital chains HCA Healthcare and Steward Health Care have terminated their proposed hospital sales,…
STAT+: A longtime investor talks interest rates, biotech, and why luxury cars are a warning sign
This week the central bank hiked interest rates by three quarters of a percentage point,…
STAT+: Third Rock Ventures plots next chapter after raising $1.1 billion fund
Third Rock Ventures has raised $1.1 billion for its largest-ever fund, the biotech venture capital…
STAT+: Many Blue Cross Blue Shield plans aren’t paying taxes — and instead are swimming in refunds
The Blue Cross Blue Shield system of health insurance companies boasts on its website, “We…
STAT+: New Jersey hospitals scrap merger after FTC challenge
Two New Jersey hospital systems have called off their proposed merger less than two weeks…
Health tech companies are facing a wave of layoffs
You’re reading the web edition of STAT Health Tech, our guide to how tech is…
STAT+: BioSpring Partners closes $245 million first fund as private markets tense up
When Michelle Dipp and Jennifer Lum decided to launch a life sciences growth equity fund…
STAT+: Study suggests a new harm from hospital mergers: less price transparency
Health care economists argue hospital mergers can raise costs and lower quality. And now, a…
STAT+: Carbon Health, citing concerns about path to profitability, lays off 250 employees
Carbon Health, which runs dozens of brick-and-mortar clinics and a virtual care business, laid off…
STAT+: Proton cancer centers continue to proliferate, despite shaky benefits and checkered financiers
On May 12, the South Florida Proton Therapy Institute issued a warning to its investors:…
STAT+: How a complex web of businesses turned private health records from GE into a lucrative portrait of patients
It was supposed to be a routine client meeting. Instead, one of GE Healthcare’s largest…
STAT+: Apollo acquires minority stake in Sofinnova, extending private equity dealmaking in life sciences
Private equity giant Apollo Global Management is spending $1 billion for a piece of one…
STAT+: When biotech acquisitions spike, early-stage startups are prime targets, analysis shows
Experts are predicting a coming surge of mergers and acquisitions in biotech. And if history…
STAT+: Real estate firms own nearly 1 in 10 health care properties
Not all hospitals and nursing homes own the property they sit on, and new research…
Seven health insurance CEOs raked in a record $283 million last year
The CEOs of America’s seven largest publicly traded health insurance and services companies cumulatively earned…
STAT+: Advocate Aurora-Atrium’s mammoth merger: experts split on whether federal regulators will challenge the deal
The merger of Advocate Aurora Health and Atrium Health, announced Wednesday, would create one of the…
Opinion: Listen: Get sick, go to the doctor, incur debt, repeat
Sickness can beget debt, which can then turn around and beget more sickness. That’s the…
STAT+: A new biotech investment firm, headed by a pair of noteworthy VCs, seeks to ‘free the founders’
The way biotech veteran Alexis Borisy and entrepreneur Zach Weinberg see it, the venture capital…
STAT+: Omicron squeezed hospitals more than health insurers in the first quarter
The beginning of 2022 was kinder to health insurers than it was to hospitals. Many…
STAT+: Biogen board slashes CEO’s bonus as Aduhelm sales and overall business struggle
Biogen CEO Michel Vounatsos had his bonus cut in half to “hold him accountable for…
Opinion: How hospitals and health systems can help patients avoid medical debt
While the goal of the American health care system is to improve health and well-being,…
STAT+: Travel nurses remain pricey, and it’s weighing on hospital profits
An underwhelming first quarter at the country’s biggest hospital chain shows the pandemic’s stranglehold on…
Listen: An ominous biotech deal, vaccines for kids, & ‘breakthrough’ devices
Can buyouts be bad news? Why can’t Novavax meet a deadline? And what does “breakthrough”…
Opinion: If there is a digital health bubble, does it really matter for entrepreneurs?
For the better part of the last two-plus years, my colleagues and I at 7wireVentures…
Health tech companies strike deals to grow virtual diabetes care, telepsychiatry
You’re reading the web edition of STAT Health Tech, our guide to how tech is…
The next battle in the never-ending war over Aduhelm
You’re reading the web edition of D.C. Diagnosis, STAT’s weekly newsletter about the politics and…
STAT+: Omicron’s speedy retreat helped bolster UnitedHealth Group’s bottom line
The relative brevity of the Omicron surge helped the bottom line at UnitedHealth Group. UnitedHealth’s…
STAT+: ‘Completely unsustainable’: Small employers brace for giant health insurance price hikes
Many small companies are expected to face double-digit hikes to their health insurance premiums next…
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STAT+: Hospitals have been financially propping up medical schools, but now it’s squeezing their bottom lines
Before Banner Health agreed to shore up a pair of financially struggling medical schools, leaders…