WebMD Health Corp. (NASDAQ: WBMD) said that on Thursday its board of directors has signed off an amendment to its shareholder rights agreement to guard against coercive takeovers and other tactics that might be…
The U.S. is currently facing a severe shortage of doctors. The Association of American Medical Colleges predicts that by 2020, the shortage will amount to more than 90,000 doctors, including 45,000 patient care physicians.…
The new and remarkably large health care law, based on the vision of President Obama, will phase in quickly over the next several years. At its heart is the belief that every American should have…
Medicaid insurance provider Centene Corp. (NYSE: CNC) today announced that it is exercising its contractual right to discontinue offering its Medicaid managed care in the state of Kentucky. The state and the company have…
Abbott Laboratories (NYSE: ABT) said that third-quarter earnings surged, despite a slip in revenue, due to a double-digit decline in expenses. The health care company posted adjusted earnings per share (EPS) of $1.30 on…
NPS Pharmaceuticals, Inc. (NASDAQ: NPSP) may not yet have formal approval for its short bowel syndrome drug called Gattex, but it has at least received a panel back at the Food & Drug Administration.…
Johnson & Johnson (NYSE: JNJ) reported fiscal third-quarter results before markets opened this morning. The health care giant posted earnings per share (EPS) of $1.25 on revenues of $17.1 billion. In the same period…
UnitedHealth Group Inc. (NYSE: UNH) reported fiscal third-quarter results before markets opened this morning. The health insurer posted diluted earnings per share (EPS) of $1.50 on revenues of $27.3 billion. In the same period…
The short interest in biotech stocks is mixed, judging by the short interest changes between the September 14 and September 28 settlement dates. There were notable swings in shares sold short from Biogen Idec,…
Amarin Corporation plc (NASDAQ: AMRN) is not exactly having a good day considering that its fish oil based drug for lowering triglycerides is not going to be a known event as soon as the company was…
Edwards Lifesciences Corp. (NYSE: EW) is the big disappointment of the day on Tuesday after the company lowered its TAVI sales guidance for the third quarter. What is so interesting is that some analysts are…
The American Beverage Association’s President Susan Neely said members of her group have agreed to what they call the Calories Count Vending Program. ABA officials said the plan is a: public-private partnership to provide…
Eli Lilly & Co. (NYSE: LLY) is confirming prior news showing that late-stage trial data analysis showed the the primary endpoints in cognitive and functional were not met in the two Phase 3, double-blind, placebo-controlled…
U.S. health insurer UnitedHealth Group Inc. (NYSE: UNH) today announced that it is acquiring Brazilian health insurer Amil Participacoes S.A. for $4.3 billion in cash. The total deal is worth $4.9 billion, but UnitedHealth…
Electronic health-records provider Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX) said late last month that it would explore a sale of the company. Bloomberg is reporting this morning that private equity firms Blackstone Group LP…