Author Archives: Steve Walker

Medtronic Buys HeartWare for $1.1 Billion

Medtronic PLC (Dublin) said it agreed to acquire HeartWare International Inc. (Framingham MA) for $1.1 billion, adding more heart-treatment products to the giant medical-device maker. Medtronic will pay $58 a share in cash for… Read more »

U.S. Doctors, Hospitals Receive Billions from Drug, Device Makers; Report

Drug and device makers sustained their payments to doctors and teaching hospitals at nearly $6.5 billion last year, according to the figures released Thursday from a federal database. And physicians… Read more »

Anthem Says No Talks To Terminate Merger With Cigna

The Justice Department has told Anthem Inc. (Indianapolis IN) that the health insurer’s planned takeover of Cigna Corp. (Bloomfield CT) threatens competition and probably can’t be fixed by selling parts… Read more »

Congress Fails to Fund Zika Response as Partisanship Prevails

U.S. President Barack Obama on Friday said Congress must end its deadlock on funding to combat the Zika virus before lawmakers head out to recess later this summer. “The good… Read more »

What Brexit Means for the UK’s National Health Service; What We Americans Might Learn

The United Kingdom’s decision to leave the European Union registered a magnitude 9 on the Richter scale across the world as far as I can judge. The economic fallout is… Read more »

U.S. Health-Fraud Stings Net 301 People; A Record

U.S. law enforcement officials have charged 301 suspects with trying to defraud Medicare and other federal insurance programs in 2016, marking the “largest takedown” involving healthcare fraud allegations, the Justice… Read more »

Wall Street Ponders Brexit’s Impact on Drug, Biotech Stocks

In a historic vote Thursday, Britain has decided to leave the European Union. And, swallowing hard, financial markets around the world are not taking the news very well. Stateside, the Dow… Read more »

White House Threatens to Veto GOP’s Zika Funding Bill

The White House on Thursday promised that President Barack Obama would veto the long-delayed response of the Republican-controlled Congress to the president’s request for fighting the Zika virus, saying it provided too… Read more »