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☆ UnitedHealth's first-quarter report will offer a window into Change cyberattack costs
▼ + stars: | 2024-04-15 | by ( Bertha Coombs | ) www.cnbc.com time to read: +2 min

"Everybody looks to United as the bellwether of all of health-care services. This will be different," said Lisa Gill, managing director and health care analyst at JPMorgan. The data breach at the Change Healthcare unit forced the firm to take down its massive billing and payment processing service. While the company has restored services for pharmacies, the outage has continued to disrupt operations for health-care providers across the country. Larger providers, such as home infusion services firm Option Care Health , have also warned that the outage could impact their quarterly results.

Persons: UnitedHealth Group's, Lisa Gill, Scott Fidel, UnitedHealth, they'd, James Allred, he's, Allred Organizations: JPMorgan, Healthcare, Optum, OptumRx, Stephens, American Medical Association, Aesthetics, Care Locations: Nashville

☆ UnitedHealth Q1 earnings: Change cyber-attack in focus
▼ + stars: | 2024-04-15 | by ( Bertha Coombs | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnitedHealth Q1 earnings: Change cyber-attack in focusUnitedHealth Group's first quarter earnings will provide the first window in the financial impact of the cyber-attack on its Change Healthcare subsidiary. Bertha Coombs reports the data breach has created disruption across the U.S. health care system.

Persons: Bertha Coombs Organizations: Healthcare

☆ Health and Human Services Department opens probe into hack at UnitedHealth’s Change Healthcare
▼ + stars: | 2024-03-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHealth and Human Services Department opens probe into hack at UnitedHealth’s Change HealthcareCNBC's Bertha Coombs joins 'The Exchange' to report the latest on United Health Group's cybersecurity hack.

Persons: Bertha Coombs, United Health Group's Organizations: Health, Human Services Department, United Health

☆ Investing in Women: The Future of Femtech
▼ + stars: | 2024-03-05 | by ( Bertha Coombs | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvesting in Women: The Future of FemtechThere is growing interest and investment in the women's healthcare sector, which has traditionally been overlooked, underfunded, and highly stigmatized, despite women making up 50% of the population and 80% of consumer healthcare decisions. We'll discuss key areas of growth and innovation, and the biggest opportunities for investment.

Persons: We'll

☆ New sickle cell gene therapies are a breakthrough, but solving how to pay their high prices is a struggle
▼ + stars: | 2024-02-23 | by ( Bertha Coombs | ) www.cnbc.com time to read: +2 min

The approval of two gene therapies to treat sickle cell disease has given hope to patients who suffer from the debilitating disease, which overwhelmingly affects Black people and people of color. Sickle cell has forced him to leave his job and at times taken him away from his family. Still, he's hesitant to try the new one-time gene therapies because they require months of intensive medical preparation, including chemotherapy, to prepare patients' bone marrow stem cells for extraction and gene editing. Vertex Pharmaceuticals ' gene therapy Casgevy lists for $2.2 million, while Bluebird Bio 's treatment Lyfgenia lists for $3.1 million. Kanter said it will take time to ramp up capacity and to set up facilities across the country to treat patients at scale.

Persons: Michael Goodwin, Goodwin, I've, I'm, he's, …, Goodwin's hesitancy, Julie Kanter, Kanter Organizations: Health, Vertex Pharmaceuticals, University of Alabama, National Alliance of Sickle Cell Centers, for Disease Control, National Alliance of Sickle Cell Locations: Birmingham

☆ New sickle cell gene therapies are a breakthrough, but prices are still too high
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew sickle cell gene therapies are a breakthrough, but prices are still too highCNBC's Bertha Coombs joins 'Power Lunch' to report on the expensive cost of gene therapy.

Persons: Bertha Coombs

☆ Tyson Foods drops CVS for upstart pharmacy benefit manager, as industry upheaval over cost concerns spreads
▼ + stars: | 2024-01-24 | by ( Bertha Coombs | ) www.cnbc.com time to read: +1 min

Tyson Foods will become one of the first Fortune 100 companies to stop using the nation's traditional large pharmacy benefits managers, as it looks to cut spending on high-cost drugs. After putting its benefits contract up for bid, Tyson dropped CVS Health 's Caremark and chose PBM startup Rightway to manage drug benefits for its 140,000 employees starting this year, the companies said Wednesday. Tyson made the decision as it saw pharmacy costs soar. "We were going anywhere between 12% to 14% increases for pharmacy — and on a $200 million spend that's quite a bit. And then I wanted to understand what Tyson was paying for that; it was very difficult to get to those numbers," she said.

Persons: Tyson, Renu Chhabra, Chhabra, couldn't Organizations: Fortune, CVS

☆ Watch CNBC's full interview with CVS Health CEO Karen Lynch on drug prices
▼ + stars: | 2023-12-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with CVS Health CEO Karen Lynch on drug pricesKaren Lynch, CVS Health CEO, and CNBC’s Bertha Coombs join 'The Exchange' to discuss the company's investor day, prescription drug pricing, and more.

Persons: Karen Lynch, Bertha Coombs Organizations: CVS

☆ CVS Health CEO Karen Lynch: We're committed to lowering the total cost of health care
▼ + stars: | 2023-12-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCVS Health CEO Karen Lynch: We're committed to lowering the total cost of health careKaren Lynch, CVS Health CEO, and CNBC’s Bertha Coombs join 'The Exchange' to discuss the company's investor day, prescription drug pricing, and more.

Persons: Karen Lynch, We're, Bertha Coombs Organizations: CVS

☆ The U.S. has high maternal mortality rates — and it has gotten worse for Latinas
▼ + stars: | 2023-10-13 | by ( Bertha Coombs | ) www.cnbc.com time to read: +2 min

The program helped Robles gain health-care coverage as she and her husband seek asylum in the United States. Her comadrona helped her find a doctor who treats low-income patients and connected her with other services. "One of the things that we do here at Hispanic Council is provide birthing classes, in their own language," said Bianca Noroñas, the Comadrona program manager. Noroñas said coaching and social services have helped the mothers in the nonprofit's program avoid medical complications during childbirth. In the U.S., the rate of maternal morbidity — medical complications in childbirth — and maternal mortality is nearly twice as high as in other developed nations.

Persons: Zaza Cristina Robles, —, Robles, comadrona, Bianca Noroñas, Noroñas, We've, Marie Thoma Organizations: Hispanic Health Council, Latina, Hispanic, University of Maryland School of Public Health Locations: Peru, U.S, Hartford , Connecticut, United States

☆ Fannie Mae CEO Priscilla Almodovar on Breaking Barriers
▼ + stars: | 2023-10-11 | by ( Bertha Coombs | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFannie Mae CEO Priscilla Almodovar on Breaking BarriersFannie Mae is a critical part of the housing market—owning nearly 1 in 4 mortgages in the U.S. today. When Pricilla Almodovar became the company CEO less than a year ago, she also became the only current Latina CEO of a Fortune 500 company. She shares her journey, experiences and the challenges she faced on her climb to the top job with CNBC's Bertha Coombs. 15:56 2 hours ago

Persons: Fannie Mae, Priscilla Almodovar, Pricilla Almodovar, Bertha Coombs Organizations: Fortune Locations: U.S

☆ Walgreens names veteran health-care executive Tim Wentworth as next CEO
▼ + stars: | 2023-10-11 | by ( Bertha Coombs | ) www.cnbc.com time to read: +1 min

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 benefits management company, Express Scripts, which was acquired by Cigna in 2018. He stayed on and served as chief of Cigna's health services, before retiring at the of 2021. Under Brewer's tenure, Walgreens took a major stake in primary care provider VillageMD, acquired specialty pharmacy provider Shields Health, as well as homecare provider CareCentrix. Trying to integrate and scale the businesses has pressured Walgreens' earnings.

Persons: Tim Wentworth, Wentworth, it's, Roz Brewer Organizations: Walgreens, Walgreens Boots Alliance, Express, Cigna, CNBC, Shields Health Locations: Hollywood , California, CareCentrix

☆ Kaiser Permanente strike begins: Here's what you need to know
▼ + stars: | 2023-10-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailKaiser Permanente strike begins: Here's what you need to knowCNBC's Bertha Coombs reports on the multi-state healthcare strike against Kaiser Permanente.

Persons: Bertha Coombs Organizations: Permanente, Kaiser Permanente

☆ Working women spend $15.4 billion more than men in out-of-pocket health costs, study finds
▼ + stars: | 2023-09-26 | by ( Bertha Coombs | ) www.cnbc.com time to read: +1 min

High health care costs are hitting women in the U.S. workforce much harder than men. Working women spend $15.4 billion more in out-of-pocket health expenses annually compared to their male counterparts, according to a new analysis of employer-sponsored health plans from Deloitte Consulting. The study found women spend 18% more than men on co-pays and deductibles, on average. The takeaway being that women get paid less, and that they pay more for health care," said Dr. Kulleni Gebreyes, U.S. chief health equity officer at Deloitte Consulting. Women tend to utilize more medical care than men, in part due to annual gynecological exams and the high costs of breast cancer imaging.

Persons: Kulleni Gebreyes Organizations: Deloitte Consulting, Deloitte Locations: U.S

☆ CVS Health launches subsidiary to produce biosimilar drugs
▼ + stars: | 2023-08-23 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCVS Health launches subsidiary to produce biosimilar drugsCNBC's Bertha Coombs joins 'Closing Bell Overtime' to talk news that CVS Health is launching a subsidiary to make biosimilar drugs to Humira.

Persons: Bertha Coombs Organizations: CVS Health

☆ CVS pushes into making cheaper versions of complex drugs with new discount Humira
▼ + stars: | 2023-08-23 | by ( Bertha Coombs | ) www.cnbc.com time to read: +4 min

CVS Health is partnering with drugmaker Sandoz to produce a near identical version of the blockbuster arthritis treatment Humira that will sell for 80% below the price of the brand-named drug. The move is part of the company's new venture focused on securing, and in some cases co-producing, biosimilar drugs, which are the equivalent of generic versions of complex gene or protein-based therapies known as biologics. CVS is already one of the leading players when it comes to sourcing generic drugs through Red Oak, its joint venture with Cardinal Health . Abbvie reported more than $4 billion in Humira sales in its most recent quarter, which was slightly better than expected. Correction: CVS Health subsidiary Cordavis will partner with Sandoz on biosimilar drugs.

Persons: drugmaker Sandoz, We've, it'll, Prem Shah, drugmaker, Amgen's Amjevita, Murdo Gordon, Abbvie, Cuban's, John Ransom, Raymond James, Ransom, Sandoz Organizations: CVS Health, CVS, Cardinal Health, Novartis Pharmaceuticals, Sandoz, Novartis, FDA, Blue, Drug Company, Amazon Pharmacy Locations: U.S, Red, California

☆ DOJ orders Teva and Glenmark to pay millions in fines in drug price fixing settlment
▼ + stars: | 2023-08-21 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDOJ orders Teva and Glenmark to pay millions in fines in drug price fixing settlmentCNBC's Bertha Coombs joins 'Closing Bell Overtime' with breaking news on the DOJ's antitrust agreement involving Teva and Glenmark.

Persons: Teva, Glenmark, Bertha Coombs

☆ Blue Shield of California taps Amazon, Mark Cuban's Cost Plus Drugs for its pharmacy network
▼ + stars: | 2023-08-17 | by ( Bertha Coombs | ) www.cnbc.com time to read: +2 min

Blue Shield of California is teaming up with Mark Cuban's Cost Plus Drug Company and Amazon Pharmacy — turning away from traditional drug store chains and ditching in part health giant CVS — in a move to save on drug costs for its 4.8 million members. "I expect we're going to — when this ramps up completely — we're going to be saving $500 million a year," said Paul Markovich, CEO of Blue Shield of California. For Cost Plus, which sells drugs at 15% above wholesale prices, California Blue Shield is only the second insurer to sign with the online pharmacy since it launched in January 2022. "I think all payers realize that now that Cost Plus has made the price of medications transparent. The health insurer expects to launch the program for its members in 2025.

Persons: Mark Cuban's, Paul Markovich, Markovich Organizations: Drug Company, Amazon Pharmacy, CVS, Blue, of, Cross Locations: of California, California, Harrisburg , Pennsylvania

☆ Weight loss drugs: The battle over coverage
▼ + stars: | 2023-08-09 | by ( Bertha Coombs | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWeight loss drugs: The battle over coverageThe weight loss drug boom has created a battle over coverage. With costs upwards of $1,000 a month for these drugs, employers and insurers are setting up more hurdles for patients. CNBC's Bertha Coombs joins 'Squawk Box' with the story.

Persons: Bertha Coombs

☆ A.I. disrupts medical records field as doctors adopt new tech to fight burnout
▼ + stars: | 2023-08-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. disrupts medical records field as doctors adopt new tech to fight burnoutCNBC's Bertha Coombs reports on AI's disruption in the medical field.

Persons: Bertha Coombs

☆ I had a doctor's visit powered by A.I. — here's what it was like
▼ + stars: | 2023-08-07 | by ( Bertha Coombs | ) www.cnbc.com time to read: +2 min

Chance are that during your doctor's appointments these days, your physician is laser-focused on typing notes into a computer while talking with you. Doctors and medical professionals who've adopted the technology are finding A.I.-powered visits can save time and help fight burnout. And so we need to combat that administrative burden," said Dr. Julie O'Connor, physician solutions consultant as Microsoft's Nuance division. Nuance developed DAX Express, a generative A.I.-powered clinical documentation app that creates those critical doctor's notes – instantly. She ran DAX Express to record our interaction and one minute after she pressed stop on the recording, the app had typed up a full medical documentation that would go into a medical record.

Persons: Chance, who've, Julie O'Connor, –, O'Connor, drudge, — CNBC's Jodi Gralnick Organizations: Express Locations: U.S

☆ How hospitals are using A.I. to fight doctor burnout
▼ + stars: | 2023-08-07 | by ( Bertha Coombs | ) www.cnbc.com time to read: +3 min

Foy and other doctors at Baptist Health have been using the DAX app, powered by artificial intelligence, from Microsoft's Nuance division since last year. The program transcribes doctors' and patients' comments, then creates a clinical physician summary formatted for an electronic health record. Dr. Trachella Johnson CNBCThe app frees doctors from having to type up notes during patient visits, and from having to finish them up at night. The cost of tackling burnoutHarnessing AI programs to put pajama time to rest, and helping doctors and nurses fight burnout, is a top priority for Baptist Health's chief digital and information officer Aaron Miri. "There's new economies of scale ... that healthcare will be able to get into [by] leveraging AI," Miri said.

Persons: Tra'chella Johnson Foy, Foy, Trachella Johnson, Aaron Miri Organizations: Baptist Health, Trachella Johnson CNBC, Baptist, National Bureau of Economic Research Locations: Jacksonville , Florida, Miri

☆ Doctors using A.I. to fight burnout
▼ + stars: | 2023-08-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDoctors using A.I. to fight burnoutCNBC's Bertha Coombs joins 'The Exchange' to discuss AI software that is designed to help doctors write and track medical notes, harnessing generative AI to fight doctor burnout, and eliminating the administrative burden on doctors.

Persons: Bertha Coombs

☆ What it's like to have a doctor visit with A.I.
▼ + stars: | 2023-08-07 | by ( Bertha Coombs | Jodi Gralnick | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat it's like to have a doctor visit with A.I. Dr. Julie O'Connor of Microsoft's Nuance division shows CNBC's Bertha Coombs what it's like to do a doctor's appointment using the company's AI application DAX Express, which automatically documents the clinical record of the visit.

Persons: Julie O'Connor, CNBC's Bertha Coombs Organizations: A.I

☆ Doctors using A.I. to fight burnout: Apps for medical record technology
▼ + stars: | 2023-08-07 | by ( Bertha Coombs | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDoctors using A.I. to fight burnout: Apps for medical record technologyRoughly 60% of doctors in family medicine, pediatrics and internal medicine say they are burned out. A big pain point according to many is filling out medical records. CNBC's Bertha Coombs joins 'Squawk Box' to report on how A.I. is helping doctors in the office.

Persons: CNBC's Bertha Coombs

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