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☆ 'This is the mental health moment': Innovation and M&A are helping to boost these stocks to new heights
▼ + stars: | 2024-02-19 | by ( Michelle Fox | ) www.cnbc.com time to read: +14 min

There's been a lot of chatter about the mental health crisis since the Covid-19 pandemic. Attention to a long-time crisis The mental health crisis is nothing new. However, there has also been a growing awareness and acceptance of mental health illnesses over the past decade, said Canaccord Genuity analyst Richard Close. "There's been recognition that mental health has a significant impact on a person's overall health," he said. "This is the mental health moment," said Dr. Ken Duckworth, NAMI's chief medical officer and author of "You Are Not Alone: The NAMI Guide to Mental Health."

Persons: There's, Covid, Peter Micca, AbbVie, Emraclidine, Myers Squibb, Karuna, Marc Goodman, Canaccord, Richard Close, MacKenzie Scott, Ken Duckworth, NAMI, Deloitte's Micca, William Blair, Myles Minter, Minter, Auvelity, Leerink's Goodman, Ashwani Verma, Verma, Goodman, BioHaven, Cerevel, Neumora, tardive, David Song, BetterHelp, psychedelics Johnson, Johnson, Spravato, Blair's Minter, Axsome, Micca, Michael Bloom Organizations: Institute for Health Metrics, Deloitte, Cerevel Therapeutics, Karuna Therapeutics, Bristol Myers, Leerink Partners, Centers for Disease Control, National Alliance, Mental, Mental Health, Wall Street, Therapeutics, Neumora Therapeutics, UBS, Karuna, Cellular Therapies, Xenon Pharmaceuticals, Neurocrine Biosciences, Acadia Pharmaceuticals, Tema Neuroscience, Axsome Therapeutics, Acadia Healthcare, BetterHelp, CNBC, pharma, Cellular Locations: Covid, Bristol, XEN1101, Acadia, Tema

☆ What we know: Kansas City Chiefs embrace community as shooting investigation continues after 2 teens charged
▼ + stars: | 2024-02-16 | by ( Ashley Williams | Ashley R. Williams | ) edition.cnn.com time to read: +6 min

Gunfire interrupts an afternoon of celebratingPeople flee after shots were fired near the Kansas City Chiefs' Super Bowl LVIII victory parade on February 14, 2024, in Kansas City, Missouri. 43-year-old woman killed, several kids hurtThe gunfire killed Elizabeth “Lisa” Lopez-Galvan, a 43-year-old mother and DJ who was remembered as an avid Kansas City Chiefs fan with a natural gift for bringing laughter to those she knew. Chiefs give back to hurting communityThe Kansas City Chiefs and the United Way of Greater Kansas City launched KC Strong, an emergency response fund to help the shooting victims and their families, the team announced on X Friday. A sign made from chairs spelled out "KC STRONG" Thursday afternoon, Feb. 15, 2024, in front of Union Station, the site of a mass shooting at the Kansas City Chiefs Super Bowl rally on Wednesday. Tammy Ljungblad/The Kansas City Star/Tribune News Service/Getty ImagesThe siblings, ages 8 and 10, posed for photos in their hospital rooms with the Mahomes couple.

Persons: –, Stacey Graves, “, Andrew Caballero, Reynolds, ” Jacob Gooch, ”, Manny Abarca, CNN’s Laura Coates, Graves, Elizabeth “ Lisa ” Lopez, Galvan, Lisa Lopez, KKFI Lopez, Stephanie Meyer, ” Graves, Patrick Mahomes, Tammy Ljungblad, Taylor Swift, Lopez, Travis Kelce, CNN’s Alisha Ebrahimji, Alaa Elassar, Kevin Dotson, Caroll Alvarado, Megan Thomas, Michelle Krupa Organizations: CNN, Kansas City, Chiefs Super Bowl, Chiefs, Kansas City Chiefs, Denver, NBA’s Nuggets, Getty, Union Station, Police, “, CBS, ” Authorities, Children’s Mercy Hospital, Children’s Mercy, Alcohol, Tobacco, Firearms, Explosives, Greater Kansas City, KC, Kansas City Chiefs Super, Kansas City Star, Tribune, Service, Swift Locations: Kansas, United States, Kansas City , Missouri, AFP, Union, Jackson County, Greater Kansas, Brittany

☆ 3 signs the economy is thriving — and 3 red flags to monitor
▼ + stars: | 2024-02-15 | by ( Noah Sheidlower | Madison Hoff | ) www.businessinsider.com time to read: +10 min

Positive labor market data and GDP growth support this, but job opportunities in some sectors are down. Not all job data is positive, with job openings falling from their post-pandemic highs. Below are some of the signs the economy is thriving, as well as some warning signs. Labor market data is mostly positiveThe labor market is still stable despite gradually slowing, Kimbrough said during the forum. "I think the investment side of our economy is going to start to chip away a little bit at the discretionary consumption weight in our economy."

Persons: —, Marc Giannoni, LinkedIn's Karin Kimbrough, Charles Schwab's Liz Ann Sonders, Giannoni, Kimbrough, Jerome Powell, Powell, NerdWallet's Elizabeth Renter, Sonders, They're, there’s, there's, — Kimbrough, it’s Organizations: Federal, Service, Barclays, NYU Stern Economic, Labor, Conference, University of Michigan's, Market Committee, Health, New, New York City Housing Locations: York, New York City

☆ New York City sues social media platforms over youth mental health crisis
▼ + stars: | 2024-02-14 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +4 min

CNN —New York City is suing a handful of social media networks, alleging their platforms’ designs exploit young users’ mental health and cost the city $100 million in related health programs and services each year. A growing number of families have sued social media companies, along with US states and municipalities, over the alleged impact on the mental health of their children. The city also released a social media action plan that highlights how it plans to hold social media companies accountable, provide education and support to young people and families, and study the long-term impacts of social media on youth. Last month, Mayor Adams called social media a “public health hazard” and an “environmental toxin” during his State of the City address. The lawsuit also builds on last year’s Surgeon General warning that declared social media a “profound risk of harm” for kids.

Persons: TikTok, Ed Adams, ”, Meta, Facebook –, “ We’ve, Mayor Adams, Adams, he’s, CNN’s Nic Anderson Organizations: CNN, New, Facebook, YouTube, , New York City, Yorkers, EU’s Digital Service Locations: New York City, New York, , New York, York City

Gavin Newsom said would transform the outdated mental health system and address the ongoing homelessness crisis. Revenue from the tax, now between $2 billion and $3 billion a year, has mostly gone to counties to fund mental health services as they see fit under broad guidelines. It provides about one-third of the state's total mental health budget. Mental health treatment programs and support services such as rental assistance and vocational programs for this population also would see a boost. Opponents of the proposition include mental health and disability rights groups, the Howard Jarvis Taxpayers Association and the League of Women Voters of California.

Persons: Gavin Newsom, it's, Scott Kennelly, Newsom, Howard Jarvis Organizations: —, Democratic Gov, Butte County Behavioral, National Alliance, Mental, Howard, Howard Jarvis Taxpayers Association, League of Women Voters of Locations: SACRAMENTO, Calif, — California, Butte County, California, League of Women Voters of California

In 2004, voters approved legislation that imposed a tax on millionaires to finance mental health services, generating $2 billion to $3 billion in revenue each year that has mostly gone to counties to fund mental health programs as they see fit under broad guidelines. San Francisco Mayor London Breed said she supports the measure. The 14-year-old center with a mission of breaking the cycle of trauma in the Black community relies heavily on mental health funding from the county. The state needs some 8,000 more beds to treat mental health and addiction issues, according to researchers who testified before state lawmakers last year. “From a humanitarian and civil rights perspective, we vehemently oppose Proposition 1,” said Mark Salazar, executive director of Mental Health Association of San Francisco, which serves more than 15,000 people monthly.

Persons: Gavin Newsom, Newsom, San Francisco Mayor London Breed, Tiffany McCarter, —, McCarter, “, ” McCarter, haven't, ”, Mark Salazar, ” Mark Cloutier, Joe Wilson, Anthony Hardnett, “ You’ve, ” Hardnett, ” Kalkowski, “ I’ve Organizations: — Democratic, — Democratic California Gov, San Francisco Mayor London, Cultural Center, Democratic, University of San, Housing Initiative, Mental Health Association of San, House, Sixth, 6th Street Center, Youth Locations: OROVILLE, Calif, — Democratic California, Butte, San Francisco, Butte County, Oroville, California, United States, Mental Health Association of San Francisco, Tenderloin, Chico

CVS, which owns health insurer Aetna, on Wednesday slashed its full-year profit outlook, citing the potential for higher medical costs to bite into its profits. Last month, Humana said it saw an even bigger jump in medical costs in the fourth quarter. Higher medical costs may be a larger problem for Humana than they are for CVS and other insurers. They added that there is no other part of Humana's business that could meaningfully dampen the hit from higher medical costs on the insurance side. Another insurance giant that has been seeing higher medical costs, UnitedHealth Group, also has large health-care services and pharmacy operations that diversify its earnings streams.

Persons: Humana Organizations: CVS, Aetna, Medicare, Elevance, Humana, UBS, UnitedHealth

☆ Employees think mental health is OK to discuss at work. But not everyone feels comfortable doing so, survey finds
▼ + stars: | 2024-02-13 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

New York CNN —World events, work problems, illness, financial issues — there are plenty of unhappy stressors that can harm an employee’s mental health. The most common response was “the state of the world” (68%), followed by “your job” (48%), “your finances” (45%), “your personal life” (41%), “your physical health” (40%) and “your mental health” (37%). “Employees who are less comfortable talking about their mental health at work are more likely to report feeling burnout and their mental health suffering because of work in the past year,” NAMI said. In response, “nearly half of employers have conducted anti-stigma campaigns to help employees feel comfortable utilizing behavioral health services,” Mercer said in its analysis. Such training can teach direct managers, executives and individual contributors how to identify signs that someone may be struggling with a mental health problem.

Persons: ”, Barb Solish, NAMI, ” NAMI, “, Mercer, ” Mercer, ” Solis Organizations: New, New York CNN, National Alliance, Mental, “ Employees, Employers, Mercer . Locations: New York, United States

The Taliban takeover of Afghanistan in August 2021 drove millions into poverty and hunger after foreign aid stopped almost overnight. “Women and girls have been disproportionately affected by the healthcare crisis, particularly because of Taliban abuses,” said the report. “The loss of foreign development aid and Taliban rights violations have caused a catastrophic health crisis in Afghanistan that is disproportionately harming women and girls,” the report quoted Fereshta Abbasi, Afghanistan researcher at Human Rights Watch, as saying. Fifteen of the interviewees, 12 women and three men, were with Afghans who had sought health care. The rights group also talked to Afghan healthcare officials, 10 women and eight men.

Persons: ”, Fereshta Abbasi, Abbasi Organizations: Rights Watch, NATO, Food Program, Human Rights Watch, HRW, Mercy Corps Locations: ISLAMABAD, New York, Afghanistan, Samangan

The problem underscores a widely held consensus that Virginia’s mental health care system is in urgent need of reform, due to what Gov. Improving mental health care became a priority in the U.S. like never before as the pandemic brought new levels of isolation, fear and grief, in addition to pre-existing crises such as rising drug overdose deaths and the struggles burdening teen girls. Survey data from the U.S. Substance Abuse and Mental Health Services Administration found that in 2022, about half of adults with any mental illness did not receive treatment. Elsewhere in the U.S., states' policy concerns and approaches to improving mental health care have varied. Mental health was listed as a budget priority in most states in an analysis by the National Association of State Budget Officers.

Persons: — John Clair, Clair, ”, Glenn Youngkin’s, Virginia’s, we’ve, Brian Hepburn, —, John Littel, ” Littel, Youngkin, they're, it’s, Katherine McGuire, candor, he's, “, ____ Geoff Mulvihill Organizations: Clair's, Marion Police Department crisscross, Marion, Army, Gov, Republican, Mental Health Services Administration, National Association of State Mental Health, National Association of State, American Psychological Association, “, Assembly Locations: RICHMOND, Va, Virginia, U.S, Cherry Hill , New Jersey

Meanwhile, there are concerns among many observers that Indonesia’s democracy has been backsliding in recent years. Southeast Asia’s largest economyThe U.S. government sees Indonesia’s democracy as critical to regional stability, and at least for the last two decades, U.S.-Indonesia relations have been built on shared values of democracy. Financial irregularities tied to election funding have also dogged parties across the political spectrum, leading the Association for Election and Democracy to cite a worrisome trend of citizens coming to see money politics as acceptable within a competitive democracy. The other challenge during the election campaign is the lack of accountability and transparency for campaign funding. A slide toward autocracyThe decline in the quality of Indonesia’s democracy has been years in the making.

Persons: Ceria Sari, Prabowo, Ganjar, Anies, –, Burhanuddin Muhtadi, Joko Widodo’s, Gibran Rakabuming Raka, Widodo Organizations: Commission, Association for Election, Dem Democracy Locations: U.S, Indonesia, Central Java, Jakarta, Baswedan

Oliver’s mom, also named Derry Oliver, questioned the school’s assessment and didn’t give consent for therapy. “It was very emotional for both of us because I understood her frustrations and fears,” the younger Oliver recalled. Differing perspectives on mental health aren’t new for parents and kids, but more conflicts are emerging as young people get more comfortable talking openly about mental health and treatment becomes more readily available. Schools have invested pandemic relief money in hiring more mental health specialists as well as telehealth and online counseling to reach as many students as possible. Without access to therapy, the younger Oliver has sought advice about managing her emotions through friends, school social workers, and the internet.

Persons: — Derry Oliver, Oliver, Derry Oliver, ”, Chelsea Trout, Jessica Chock, Goldman, she’s, didn’t, There’s, Eric Adams, Oliver hasn’t, Trout, don’t Organizations: Brooklyn, Bard Early College High School, New York City, Centers for Disease Control, Associated Press Locations: Georgia, New York, Brooklyn, Manhattan, California, Colorado, North Carolina, —, AP.org

☆ Feeling poor compared to your neighbors can harm your health
▼ + stars: | 2024-02-10 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

That's according to a recent study by public health experts in Canada who found stark income inequality is causing a mental health crisis. AdvertisementIt assessed Census income data, community health survey data, and hospitalization and death rates since 2006. AdvertisementResearchers said these indicators of declining community health are directly tied to economic conditions. People with less money might have a more difficult time accessing medicine and mental health services compared to their wealthier neighbors. Improving public health outcomes and reducing social stigma around money needs to start on a broad scale by addressing economic disparities, she said.

Persons: —, Claire Benny, Benny said, ” Benny, “, Vivek Murthy, Schwab, Zers, Benny, ” Organizations: Service, Business, Census Bureau, Public Health Ontario Locations: Canada

☆ Inside Project Espresso, Amazon's secretive and painful reset of its big healthcare bet
▼ + stars: | 2024-02-09 | by ( Eugene Kim | ) www.businessinsider.com time to read: +9 min

It already shut down the Amazon Care telehealth service in 2022, while disbanding Haven , a joint healthcare venture, in 2021. She said Amazon's healthcare business continues to grow and receive positive customer feedback. Less focus on senior healthcareAnother idea One Medical recently explored was to put less focus on the senior healthcare business. Still, for some One Medical employees, Amazon’s scrutiny is leading to growing frustration. “As Trent Green communicated to employees, One Medical employees will not return to physical offices at this time.

Persons: Big, Samantha Kruse, ” Kruse, Andy Jassy Chelsea Jia Feng, Neil Lindsay, ” Amazon’s Kruse, Amazon's Kruse, Lindsay, ”, Amir Dan Rubin, Kruse, Amazon’s, “, Trent Green Organizations: Business, Amazon, Care, Amazon Health Services, Amazon's Pharmacy, Amazon Health, Iora Health, Iora, “ Locations: New York, Minneapolis, St, Petersburg , Florida, Francisco

☆ Journal Retracts Studies Cited in Federal Court Ruling Against Abortion Pill
▼ + stars: | 2024-02-09 | by ( Pam Belluck | ) www.nytimes.com time to read: +1 min

An academic journal publisher this week retracted two studies that were cited by a federal judge in Texas last year when he ruled that the abortion pill mifepristone should be taken off the market. Most of the authors of the studies are doctors and researchers affiliated with anti-abortion groups, and their reports suggested that medication abortion causes dangerous complications, contradicting the widespread evidence that abortion pills are safe. The lawsuit in which the studies were cited will be heard by the Supreme Court in March. The high court’s ruling could have major implications for access to medication abortion, which is now the most common method of pregnancy termination. The publisher, Sage Journals, said it had asked two independent experts to evaluate the studies, published in 2021 and 2022 in the journal Health Services Research and Managerial Epidemiology, after a reader raised concerns.

Organizations: Sage, Health Services Research Locations: Texas

☆ Stocks making the biggest moves midday: Roblox, Enphase Energy, Snap, Alibaba and more
▼ + stars: | 2024-02-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Adjusted earnings per share for the fourth quarter came in at 54 cents, slightly below the 55 cents expected from analysts polled by FactSet. Yum Brands — The restaurant stock added 3% despite Yum Brands' adjusted earnings and revenue miss for the fourth quarter. Adjusted earnings per share came in at 77 cents, topping the consensus estimate of 62 cents, according to FactSet. The company added about 300,000 net digital-only subscribers quarter over quarter, but advertising revenues came in below the company's guidance. Chipotle Mexican Grill — Shares added 8% a day after the fast-casual restaurant chain reported stronger-than-expected adjusted earnings and revenue.

Persons: Alessandro DiNello, Badri Kothandaraman, Alibaba, Amgen, Chipotle, Sonos, Walt Disney, Walt Disney's, Discovery, Fox, Alex Harring, Brian Evans, Sarah Min, Hakyung Kim Organizations: LSEG, New York Community Bank, Moody's Investors, New, Community, Enphase Energy, FactSet, Revenue, Yum Brands, KFC, Taco Bell, LSEG . Revenue, Leerink Partners, CVS, New York Times, Warner Bros, Discovery, Fox, Walt Disney's ESPN, Walt Disney, Disney, Cirrus Locations: LSEG ., Israel, Alibaba —, FactSet, FactSet .

☆ Journal publisher retracts studies used by Texas judge who ruled to suspend use of abortion pill
▼ + stars: | 2024-02-07 | by ( Jen Christensen | ) edition.cnn.com time to read: +6 min

CNN —The academic publisher Sage Publications has retracted studies used by a Texas judge in a ruling that would suspend federal approval of the abortion pill mifepristone. The 2021 study concluded that ER visits were more likely after a medication abortion rather than a surgical abortion. Kacsmaryk cited this study to suggest that the number of adverse events from medication abortion drugs is probably under-reported. The US Supreme Court will hear arguments in March about mifepristone, one of two drugs commonly used in the US for a medication abortion. Medication abortion is the most common form of abortion in the US, and multiple peer-reviewed studies have shown that it is highly safe and effective.

Persons: Sage, ”, Matthew Kacsmaryk, “, Kacsmaryk, ” Sage, Dr, Sanjay Gupta, Jim Studnicki, Studnicki Organizations: CNN, Sage Publications, Health Services Research, Chemical, US, Charlotte Lozier Institute, Elliot Institute, American Association of Pro, CNN Health Locations: Texas, “, Florida, mifepristone, Charlotte

☆ In a leaked email, Amazon's healthcare boss tells employees not to believe 'speculation' about its business one day after announcing layoffs
▼ + stars: | 2024-02-07 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

The head of Amazon's healthcare business wants employees to know Tuesday's layoffs are part of a normal business cycle, not a sign of underperformance. He noted that other companies have also made similar job cuts lately, urging employees not to believe the "pundits" who may say negative things about Amazon's healthcare business. "As often happens with changes like this, some pundits may speculate that we're eliminating roles because our health care business is underperforming — don't believe this speculation. In a separate email on Tuesday , Lindsay highlighted the growth of Amazon's healthcare business, saying the layoffs were intended to "reposition resources" so the company can better invest in other growth areas. He also said Amazon integrated One Medical's finance, legal, and tech teams into Amazon's healthcare business as it looks to "realign resources."

Persons: Neil Lindsay, —, Lindsay, we've Organizations: Service, Business, Amazon Health Services, Amazon, Pharmacy, Amazon Pharmacy, we've, Amazon Clinic Locations: U.S

☆ CVS beats estimates, but cuts full-year profit outlook on higher medical costs
▼ + stars: | 2024-02-07 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

CVS Health on Wednesday reported fourth-quarter revenue and adjusted earnings that topped expectations, but the company cut its full-year profit outlook, citing higher medical costs that are dogging the broader insurance industry. The company lowered its 2024 adjusted earnings forecast to at least $8.30 per share, down from a previous guidance of at least $8.50 per share. Analysts surveyed by LSEG were expecting full-year adjusted earnings of $8.49 per share. CVS also cut its unadjusted earnings guidance to $7.06 per share, down from at least $7.26 per share. Excluding certain items, such as amortization of intangible assets and capital losses, adjusted earnings per share were $2.12 for the quarter.

Persons: LSEG Organizations: CVS Health, CVS, Aetna, LSEG, Oak Street Health

☆ Stocks making the biggest moves before the bell: Snap, Uber, Chipotle, Alibaba and more
▼ + stars: | 2024-02-07 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

Roblox said it lost 52 cents per share, narrower than the 55-cent estimate from analysts polled by LSEG. Yum Brands — Shares slipped 1.3% after the KFC, Taco Bell and Pizza Hut parent reported fourth-quarter earnings and revenue that missed expectations. Uber earned 66 cents per share and saw $9.94 billion in revenue, while analysts polled by LSEG expected 17 cents and $9.76 billion. The company also announced a special dividend of 18 cents per share on top of its regular first-quarter dividend of 15 cents per share. Fortinet beat analyst consensus estimates on both lines in the quarter, pulling attention away from its weak earnings guidance.

Persons: Alibaba, Roblox, Uber, LSEG, Chipotle, Ford, Enphase, Sonos, Fortinet, Walt Disney, Hakyung Kim, Sarah Min, Michelle Fox Organizations: LSEG, Revenue, KFC, Taco Bell, CVS, Enphase Energy, FactSet, Warner Bros, Discovery, Fox, ESPN, Walt Disney Locations: Israel

A medical journal has retracted two studies claiming to show the harms of the abortion pill mifepristone, citing conflicts of interest by the authors and flaws in their research. Two of the three studies retracted by medical publisher Sage Perspectives were cited in a pivotal Texas court ruling that has threatened access to the pill. The U.S. Supreme Court will take up the case next month, with a decision expected later this year. Photos You Should See View All 15 ImagesBoth studies cited in the court ruling were published in the journal Health Services Research and Managerial Epidemiology. She said one of the major flaws of the retracted research is that the authors conflate ER visits with serious adverse events and don’t confirm whether patients received treatment.

Persons: —, Matthew Kacsmaryk, Sage, James Studnicki, Ivan Oransky, mifepristone Organizations: Sage, U.S, Supreme, Health Services Research, Charlotte Lozier Institute, District, New York University, University of California, FDA, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: Texas, U.S, San Francisco

Vending machines offering tests for sexually transmitted infections hold promise as a way to reach people with sexual health services, according to a study that comes on the heels of recent increases in STIs in both the U.S. and England. For the study, published in the journal Sexually Transmitted Infections, researchers analyzed data associated with nearly a dozen vending machines in two regions of England that were stocked with free kits to help detect chlamydia, gonorrhea, syphilis and HIV. Approximately 6% of the STI tests were positive for chlamydia, while 2.5% tested positive for gonorrhea, according to the study. A total of four samples tested positive for HIV, though they were from people already known to be HIV positive, and three tests came back positive for syphilis antibodies. Previous research suggests vending machines that offer self-tests for HIV can lead to increased uptake in testing among men who have sex with men, and the latest study adds to those findings.

Persons: “, what’s, ”, Aaron Glatt, Glatt Organizations: U.S, World Health Organization, The Washington Post, Department of Medicine, Infectious Diseases Society of America Locations: STIs, England, Black, U.S, Mount Sinai South Nassau, New York

☆ Cyberattack on a Chicago children’s hospital has shut down its systems for a week
▼ + stars: | 2024-02-06 | by ( Sara Smart | Andy Rose | ) edition.cnn.com time to read: +3 min

CNN —A children’s hospital in Chicago is still trying to restore its computer systems nearly a week after a cybersecurity incident prompted it to shut down its network. Lurie Children’s Hospital says the outage has affected email, phones and some other electronic systems. The hospital remains operational, but it said the outage has made scheduling, accessing medical records and prescription history difficult for patients and staff. Lurie has not given any details on the nature of the cybersecurity incident or whether a ransom has been demanded for full access to its systems. Late last week, Lurie established a call center for clients who are unable to reach the hospital through their regular phone number or electronic messaging systems.

Persons: Lurie Children’s, “, ” Lurie, Lurie, Andy Bernstein, Linda Burt, Andrea Palm, Sean Lyngaas Organizations: CNN, Lurie, Lurie Children’s Hospital, WLS, Ardent Health Services, Department of Health, Human Services Locations: Chicago, Illinois, St, Margaret’s, Spring Valley , Illinois, East Texas, New Jersey, New Mexico, Oklahoma, Tennessee, America, “

☆ Amazon cuts hundreds of jobs in Pharmacy, One Medical units: Read the memo
▼ + stars: | 2024-02-06 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +5 min

Amazon has eliminated hundreds of jobs in its Pharmacy and One Medical divisions, the company confirmed to CNBC. "Unfortunately, these changes will result in the elimination of a few hundred roles across One Medical and Amazon Pharmacy." At the start of this year, Amazon announced cuts in its Prime Video, MGM Studios, Buy with Prime, Twitch and Audible units. Here's the full memo from Lindsay:Hi everyone, The past year has been incredibly exciting for all of our health care businesses, and we're seeing tremendous growth for Amazon Pharmacy, One Medical, and Amazon Clinic. Unfortunately, these changes will result in the elimination of a few hundred roles across One Medical and Amazon Pharmacy.

Persons: Neil Lindsay, Lindsay, Andy Jassy, Brian Olsavsky, Amazon, Neil CNBC Organizations: Amazon, CNBC, Amazon Health Services, Amazon Pharmacy, MGM Studios, Amazon Clinic, Pharmacy, CARE Locations: Amazon's, d50nominations.cnbc.com

☆ Amazon is chopping hundreds of jobs at its One Medical and Pharmacy units as part of a new cost-cutting mandate
▼ + stars: | 2024-02-06 | by ( Eugene Kim | ) www.businessinsider.com time to read: +4 min

Amazon's healthcare units, including One Medical and Amazon Pharmacy, are conducting fresh layoffs as part of a broader cost-cutting campaign, Business Insider has learned. The layoffs will impact "few hundred roles," Amazon's spokesperson confirmed in an email to BI. Amazon has started the year with a flurry of job cuts across a number of units including Twitch, Prime Video , Audible , and Amazon Pay. In an email to BI, Amazon's Amazon Health Services Senior Vice President Neil Lindsay confirmed the layoffs. "Unfortunately, these adjustments will result in the elimination of a few hundred roles within Amazon Pharmacy and One Medical.

Persons: Amazon's, Brian Olsavsky, Neil Lindsay, Lindsay, iRobot, Amir Dan Rubin Organizations: Amazon Pharmacy, Business, Amazon, Amazon Health Services, MGM

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