Update: Updated with analyst information on Insulet and DexCom, and Insulet’s response. Tandem Diabetes Care (NSDQ:TNDM) shares dropped over 20% after UnitedHealth Group (NYSE:UNH) announced it is making Medtronic (NYSE:MDT) its preferred provider of insulin pumps. Insulet (NSDQ:PODD) and Dexcom Inc. (NSDQ:DXCM) also took a hit with the news, seeing shares drop 10% and 3% respectively The shift will go into […]
A quartet of U.S. healthcare groups are teaming up to take a closer look at the long-term effectiveness of medical implants, launching independent clinical studies in order to evaluate devices and their outcomes for patients, the group announced this week.
Humana, UnitedHealthcare Medicare Risk, Independence Blue Cross and Capital Blue Cross. The expanded coverage at the private or Medicare Advantage plans includes new Impella policies.
UnitedHealth Group, the largest American health insurer, and the Mayo Clinic are joing up to merge insurance records and medical data to help standardize care and lower costs.
The initiative, including a Mayo/Optum Labs venture announced earlier this week, aims to optimize treatments like hip replacements or medication compliance, according to Veronique Roger, head of Mayo’s Center for the Science of Health Delivery.
Here’s the latest personnel changes from medical device, diagnostics and life science companies around the nation. For more recent hirings and firings, check out MassDevice’s compilation of the latest personnel moves.
Conservative icon Newt Gingrich, the former speaker of the U.S. House who’s mounting a run at the White House, lambasted a Republican plan to overhaul Medicare over the weekend, calling it "right-wing social engineering.”
Gingrich also voiced his support for the controversial lynch-pin of President Barack Obama’s landmark health care reform law, the so-called individual mandate, which is the object of a slew of constitutional challenges in courts around the country.
Health insurer warns diabetes will cost $3.4 trillion over the next decade. Costs related to diabetes will run up a tab of almost $3.4 trillion through 2020 in the United States, with more than 60 percent paid for by the U.S. government — unless people lose weight, a study released today by health insurer UnitedHealth Group Inc. revealed, according to Bloomberg.
UnitedHealth Group’s (NYSE:UNH) health information technology subsidiary Ingenix will acquire compliance consulting company Executive Health Resources.
Ingenix didn’t disclose the price for the Newton Square, Pa.-based company, but a Bloomberg report last week put the figure at about $1.5 billion.