[ad_1] The FDA approves Eli Lilly’s Zepbound, a weight loss drug similar to Ozempic and Wegovy. Courtesy: Eli Lilly Eli Lilly on Tuesday said its recently approved weight loss treatment Zepbound is now available at pharmacies across the U.S., serving as an alternative to rival obesity drugs such as Wegovy that are facing supply issues. …
[ad_1] A sign outside a CVS Health store in Miami, Aug. 1, 2023. Joe Raedle | Getty Images CVS Health on Tuesday said it will revamp how it prices prescription drugs and scrap a complex model that typically sets how much pharmacies get reimbursed and what patients pay for those medications. The new effort makes…
[ad_1] Jim Cramer urged Humana (HUM) not to pursue a merger with rival health insurer Cigna (CI), questioning the merits of a potential business combination and the likelihood of it passing U.S. antitrust review. Cigna and Humana could reach an agreement on a stock-and-cash transaction by the end of the year, The Wall Street Journal…
[ad_1] The Cigna Group headquarters in Bloomfield, Connecticut, on Oct. 27, 2023. BlooJoe Buglewicz | Bloomberg | Getty Images Shares of Cigna slid Wednesday after a report that the company is in talks with Humana about a merger between the two health-care giants. A Cigna spokesperson did not immediately respond to CNBC’s request for comment…
[ad_1] CNBC’s Jim Cramer on Wednesday praised the incoming CEO of Walgreens Boots Alliance, saying industry veteran Tim Wentworth is the right choice to lead the struggling pharmacy chain in its transition to offering more health-care services. “This guy is the real deal. I just salute him and think he can take you to a…
[ad_1] A Walgreens sign is displayed on the window of one of its stores in Hollywood, California, on March 9, 2023. Stefani Reynolds | AFP | Getty Images Walgreens 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…
[ad_1] A CVS location in New York, US, on Thursday, Feb. 9, 2023. Stephanie Keith | Bloomberg | Getty Images Shares of CVS Health plunged 9% on Thursday after Blue Shield of California said it will drop the company’s pharmacy benefit management services and instead partner with Mark Cuban’s Cost Plus Drugs company and Amazon…
[ad_1] When Dr. Tra’chella Johnson Foy greets her patients, she sits across from them facing away from the computer in the exam room. Then, she pulls out her phone, and asks for permission to record the appointment. “It listens in on our visit so I can pay more attention to you,” explains Foy, a family…
[ad_1] UnitedHealth Group has the highest price per share of any company on the Dow Jones Industrial Average and it’s the tenth heaviest-weighted stock on the S&P 500. In fact, not only is UnitedHealth the biggest health-care conglomerate in the United States based on market cap and revenue, it’s even bigger than JPMorgan Chase, the…
