Author Archives: Steve Walker

Tenet to Pay $553 Million to Settle Kickback Allegations; Culture of Corruption Dates Back Decades

Tenet Healthcare Corp. (Dallas TX) and two of its Atlanta subsidiaries have agreed to pay more than $513 million to resolve criminal and civil claims accusing the chain of paying… Read more »

Mylan Agrees to $465 Million EpiPen Settlement with US; But the Matter is Far From Over

Mylan NV (Amsterdam) will pay the US government $465 million in a swift settlement over how the drugmaker charged Medicaid for its allergy shot EpiPen, according to Bloomberg News. The… Read more »

Busted: GAO Finds US Illegally Paid Insurers with Funds Meant for Taxpayers

Federal auditors ruled on Thursday that the Obama Administration had violated the law by paying health insurance companies more than allowed under the Affordable Care Act in an effort to hold down… Read more »

Bloomberg: Data Show US Devotes Disproportionate Resources to Healthcare with Lackluster Results

The U.S. healthcare system remains among the least-efficient in the world, ranking 50th out of 55 countries in 2014, according to a Bloomberg index that assesses life expectancy, healthcare spending… Read more »

Danger of Superbugs Finally Gets Attention, But Not Much Action

Common infections such as pneumonia, gonorrhea, and post-operative infections, as well as HIV, tuberculosis and malaria, are becoming increasingly hard to treat because of antimicrobial resistance. And there is now… Read more »

Mylan CEO Bent Truth About Epipen Profit; Sadly Follows Path of Valeant, Turing Pharma

Controversial Mylan NV (Amsterdam) CEO Heather Bresch was grilled in a marathon committee hearing about the EpiPen’s pricing before Congress last week. But it turns out that several of her… Read more »

Congress Finally Ends Row Over Zika Funding; Months of Lost Vaccine Progress a Shameful Legacy

More than eight months after the White House first asked for it, Congress has finally agreed on some funding to help fight the Zika virus and study its effects. President… Read more »

Anthem, Cigna Clash Over Merger Terms; AMA Weighs in on Pending Deals

The Department of Justice is asking a federal judge to compel Anthem Inc. (Indianapolis IN) and Cigna Inc. (Bloomfield CT) to produce letters they have sent accusing each other of breaching an… Read more »

GSK Surprises Many, Names Emma Walmsley New CEO; Opinion Divided on Witty Legacy

GlaxoSmithKline PLC (London) appointed Emma Walmsley, the head of its consumer business, to become its next CEO. She is the first woman to run a major pharmaceutical giant, according to Forbes…. Read more »

Lawmakers Unimpressed with Mylan CEO’s Defense of EpiPen Pricing; Fact that She’s a Senator’s Daughter Not Beneficial

Outraged Republican and Democratic lawmakers on Wednesday grilled the head of pharmaceutical company Mylan NV (Amsterdam) about the significant cost increase of its life-saving EpiPens and the profits for a company with… Read more »