DIRS.INFO The most relevant business & tech news

Prescriptions for ketamine have soared in recent years, driven by for-profit clinics and telehealth services offering the medication as a treatment for pain, depression, anxiety and other conditions. With its recent adoption for pain, patients are increasingly encountering those same effects. Ketamine targets a brain chemical messenger called glutamate, which is thought to play a role in both pain and depression. “We want patients to disassociate or feel separate from their pain, depression or anxiety,” said Dr. David Mahjoubi, owner of Ketamine Healing Clinic in Los Angeles. But the experts found “weak or no evidence” for ketamine in many more conditions, including back pain, migraines, fibromyalgia and cancer pain.

Persons: “, ”, Padma Gulur, Gulur, Daniel Bass, Bass, ” Bass, David Mahjoubi, they’re, Eric Schwenk, Thomas, “ There’s, Johnson, Samuel Wilkinson, Caleb Alexander, Matthew Perrone Organizations: WASHINGTON, Duke University, Duke, Food and Drug Administration, FDA, Thomas Jefferson University, Epic Research, Johnson, Drug Enforcement, Yale University, Johns Hopkins University, Twitter, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: As, U.S, Southgate , Kentucky, Los Angeles, anesthesiology, Massachusetts

☆ Stocks making the biggest moves after hours: TRIP, CTRA, IFF
▼ + stars: | 2023-11-06 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Tripadvisor reported adjusted earnings of 52 cents per share on $533 million in revenue, while analysts polled by LSEG forecast 47 cents per share and $505 million. Separately, IFF posted third-quarter adjusted earnings and revenue that beat analysts' estimates. Coterra Energy posted adjusted earnings of 50 cents per share in the third quarter, while analysts called for 44 cents a share, per FactSet. The company also raised its expectations for full-year adjusted earnings before interest, taxes, depreciation and amortization. Fabrinet posted adjusted earnings of $2 per share on $685.5 million in revenue, while analysts polled by FactSet anticipated $1.85 per share in earnings and $659.2 million of revenue.

Persons: Tripadvisor, who's, Sanmina, headwinds, Fabrinet, FactSet, Darla Mercado Organizations: LSEG, Vertex Pharmaceuticals, Icahn Capital, Coterra Energy, Management, FactSet

☆ Carriers Look to Offer Fast-Lane Access on 5G Networks
▼ + stars: | 2023-11-03 | by ( Isabelle Bousquette | ) www.wsj.com time to read: +1 min

A gamer plays a GeForce NOW game inside a pop-up converted phone box powered by 5G. Photo: Anthony Devlin/Zuma PressNetwork carriers, looking to build new business around 5G, are exploring nascent technology that would allow them to better and more quickly deliver certain apps and services on their network—but this technology, known as network slicing, could potentially run afoul of net-neutrality regulations. In the current model, all data traffic from phones is typically funneled through the same network. Carriers are able to prioritize the voice calls that they handle on that network, but they rarely have visibility into what else users are doing through other apps. In other words, someone using a videoconferencing telehealth app has no priority over someone scrolling social media or streaming video—despite the fact that faster delivery is much more critical for that service, said Chris Sambar , head of network at AT&T .

Persons: Anthony Devlin, Chris Sambar Organizations: 5G, Zuma Press Network, Carriers

☆ A healthcare COO and a travel business founder have found that mobile innovation is changing their work lives for the better
▼ + stars: | 2023-11-03 | by ( Sponsor Post | Created Insider Studios With Samsung | ) www.businessinsider.com time to read: +6 min

The rise in new mobile devices has allowed us to access aspects of our personal healthcare in increasingly simple and flexible ways. AdvertisementAdvertisementOne such business is Qured, a startup that was founded in 2017 in London that offers users access to at-home health screening. That experience really drove my determination to work with innovative tech startups," said Lyz Swanton, Qured's COO. "We are seeing more patients relying on their smartphones to access healthcare," Swanton said. "I am very excited for the future of healthtech and the possibilities of mobile innovation to transform lives," Swanton said.

Persons: —, Lyz Swanton, Qured, Swanton, Samsung Knox, Thomas Christensen, Christensen, campervans Organizations: CDC, Premier League football, Devices, Samsung, Insider Studios Swanton, Samsung Galaxy Locations: London

☆ The Ozempic effect has battered this weight loss stock, but Morgan Stanley says it's a top pick
▼ + stars: | 2023-11-03 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +4 min

Sequence gives subscribers access to GLP-1 medications such as Novo Nordisk's Wegovy and Ozempic. Schenk said the concern about the drop in WW's average revenue per user "seems overblown" and has created a buying opportunity for the stock. Stabilizing core business WW has been focused on stabilizing its core weight loss business. Both developments are a positive for WW's Sequence business. Schenk estimates that around 6 million current or lapsed WW subscribers would qualify for treatment with obesity medication.

Persons: Sima Sistani, Morgan Stanley, Lauren Schenk, Eli Lilly, Schenk, Lilly, Novo Organizations: International, Nordisk's Wegovy, FDA, 3Q, and Drug Administration, Novo Nordisk Locations: Friday's, Novo

☆ Novo Nordish and Eli Lilly cash in on blockbuster weight-loss drugs
▼ + stars: | 2023-11-02 | by ( Manav Tanneeru | Samantha Delouya | ) edition.cnn.com time to read: +2 min

New York CNN —As prescriptions for weight-loss and diabetes drugs skyrocket, so too has revenue for drugmakers Novo Nordisk and Eli Lilly. On Thursday, Novo Nordisk, the Denmark-based company behind Ozempic and Wegovy, reported a 29% increase in sales to $8.4 billion for the third quarter. The pharmaceutical companies are two of the biggest beneficiaries of the recent weight-loss drug frenzy, with Novo Nordisk catapulting to Europe’s most valuable company in September. Novo Nordisk reported that its obesity care sales grew 174% in the first nine months of 2023, mainly driven by US demand. The success of Novo Nordisk and Eli Lilly’s drugs has inspired other companies to dive into the prescription weight-loss business, including WeightWatchers, now known as WW International.

Persons: Eli Lilly, Mounjaro, Wegovy, Novo, –, Eli Lilly’s Organizations: New, New York CNN, drugmakers Novo Nordisk, Novo Nordisk, Novo Nordisk catapulting, International Locations: New York, Denmark, United States, Novo

☆ Once loyal Calibrate patients say they regained weight after the startup struggled to get them weight-loss meds on time
▼ + stars: | 2023-11-02 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +14 min

Christina started taking Wegovy in September 2021 after getting a prescription through Calibrate, a startup that promises science-backed help with weight loss. She never received medication through Calibrate again, and she's since gained back all the weight she lost. Calibrate says its goal for Masters patients is to get them off weight-loss medications and help them maintain the weight loss they achieved. A former employee on Calibrate's clinical team said the startup allocated fewer doctors to second-year patients because those patients historically required less help from Calibrate. At least four second-year patients Insider spoke with said they sought refunds from Calibrate after they didn't receive the services they paid for.

Persons: Christina, She'd, I'm, Florian Gaertner, they've, They've, Isabelle Kenyon, Kenyon, Fortune, Jenny Craig, Ozempic, it's, Katie, Calibrate's, didn't, It's, James, they'd, Arantza Pena Popo, Disha, aren't, hasn't, Michael Siluk, Beth Organizations: Getty, Calibrate's, Better, LinkedIn Locations: York, Chicago

☆ Doctors have a new way to scrub personal information from internet after spike in harassment
▼ + stars: | 2023-11-01 | by ( Ashley Capoot | ) www.cnbc.com time to read: +5 min

The 13-year-old company has introduced a free service called DocDefender that can scrub a physician's personal contact information from the internet. The technology scans dozens of the most common websites where a doctor's information might reside and automatically initiates the removal process. Two months after the workshopping event, Doximity conducted a survey of more than 2,000 doctors and found that 85% of them worry about whether patients will access their personal information online. The service will be available to all doctors on Doximity starting Wednesday, and will expand to nurse practitioners and others over time. 'Opportunity to think very long term' In addition to reaching more than 80% of U.S. doctors, Doximity says it's also used by 50% of nurse practitioners and physician assistants.

Persons: that's, Doximity, Amit Phull, We've, Phull, Jeff Tangney, he's, I've, it's, Azlan Tariq Organizations: New York Stock Exchange, NYSE, CNBC Locations: San Francisco, Doximity, Chicago

☆ Spora Health's founder painted a rosy portrait of his healthcare startup. The reality is more complicated.
▼ + stars: | 2023-10-30 | by ( ) www.businessinsider.com time to read: +14 min

The way Dan Miller told it, his startup Spora Health was crushing it, providing high-quality care to "thousands" of people online. The startup had secured at least one big contract, with Apple, according to three former Spora employees and another source close to Spora. Four of them told Insider they either no longer worked with Spora or hadn't seen Spora patients in a year. Two doctors listed on Spora's website as "featured Spora providers" also told Insider that they no longer worked for the startup. Another former clinician said she only ever treated a handful of Spora patients.

Persons: Dan Miller, Miller, Spora, it's, UnitedHealthcare, Aetna didn't, paychecks, hadn't, he's, It's, —, we've, " Miller, Shelby Livingston, Rob Price, Emmalyse Brownstein, Ryan Pickrell, Gloria Dawson, Stephanie Hallett, Alcynna Lloyd, Hayley Peterson Organizations: Company, TechCrunch, Spora, US Securities and Exchange Commission, Apple, Aetna, Stanford Graduate School of Business, Human Ventures, MaC Venture, SEC Locations: Spora, Level's, slivingston@insider.com

☆ Stocks making the biggest moves premarket: Alphabet, Microsoft, Boeing and more
▼ + stars: | 2023-10-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Alphabet — The Google and YouTube parent sank more than 6% premarket after results for its cloud business fell short of estimates. Boeing — Shares of the jet plane maker rose more than 3% premarket after it reported a quarterly revenue beat . Texas Instruments —The semiconductor designer and manufacturer's stock slid 5.5%, one day after fourth quarter guidance trailed estimates. Visa — The payments stock fell 1.3% before the bell after fourth quarter earnings and revenue topped analyst estimates and it raised its dividend by 16%. Revenue also beat expectations, along with fiscal second quarter and full-year revenue guidance.

Persons: Max, TXN, FactSet's StreetAccount, Wells, Hilton, Stride, —, Alex Harring, Sarah Min, Fred Imbert, Yun Li Organizations: Google, YouTube, LSEG, Microsoft, Xbox, Boeing —, Boeing, Texas, Deutsche Bank — U.S, Deutsche Bank, Visa, Dynamics, General Dynamics, Mobile, Revenue Locations: Israel, FactSet

☆ Amazon considers offering veterinary telehealth as it looks to compete with Walmart
▼ + stars: | 2023-10-24 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +1 min

Amazon is considering an expansion into veterinary telehealth in its latest bid to compete with Walmart , which began offering the service to Walmart+ subscribers earlier this year, people familiar with the matter told CNBC. Veterinary telehealth allows pet parents to have virtual appointments with veterinarians and veterinary technicians. Earlier this year, Walmart signed a deal with veterinary telehealth provider Pawp to offer Walmart+ subscribers free access to the startup's membership for a year. Amazon could turn to Pawp to fuel a potential pet telehealth offering in time for the holiday season because Pawp has already proven it can scale with a large retailer. Amazon could also partner with one of the dozens of other pet telehealth startups on the market or build its own practice, which is what Chewy did when it began offering the service during the Covid pandemic.

Persons: Pawp Organizations: Walmart, CNBC, Veterinary, Pawp, Black

☆ 2 remote workers explain how to fight burnout while working from home
▼ + stars: | 2023-10-22 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

There are different things workers can do if they are feeling burned out while working from home. All of these different ways to get ready for the work day have helped Couse with her self-described work-from-home fatigue. Carpineto and Couse shared several tips about working remotely and alleviating burnout, based on their experiences. Workers also should still make an effort to get ready for the day even if they are working from home, she said. AdvertisementAdvertisementOverall, there are a few different things remote workers can do.

Persons: —, Couse's, Couse, Gleb Tsipursky, Tsipursky, Sherri Carpineto, Sherri Carpineto Sherri Carpineto, Carpineto, doesn't, you'd Organizations: Service, Workers, COVID Locations: Indiana, mhoff@insider.com

☆ Over a year after the Supreme Court overturned Roe v. Wade, the cost of an abortion in the US can be as much as $30,000 — or as little as $150
▼ + stars: | 2023-10-21 | by ( Laura Mccamy | Avril Ayers | Read More | ) www.businessinsider.com time to read: +6 min

Access to abortion medication is available via telehealth. For those who need out-of-state care, however, the cost of abortion may be as high as $30,000. While costs have increased in places with bans, states like California and New York allow telehealth appointments for medication abortion, reducing travel time and the cost of abortion care. "What would have been a cost of $5,000 turned into $10,000 just for abortion care because it had to be in a hospital," she says. In April 2023, the Supreme Court maintained access to mifepristone, but additional cases could be brought to the Supreme Court in future terms.

Persons: —, Dobbs, Roe, Wade, Caitlin Myers, Myers, Sylvia Ghazarian, Ghazarian, I'm, WRRAP Organizations: Service, Jackson, Health, Guttmacher Institute, New York Times, Middlebury College, Reproductive Locations: California, New York, Georgia

☆ See the pitch deck Savoy Life used to raise $3 million for virtual caregiving for seniors and adults with disabilities
▼ + stars: | 2023-10-16 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +2 min

Savoy Life is building a virtual care platform for long-term care facilities. Peter Emigh, Savoy Life's founder and CEO, said he saw the need to improve long-term care facilities while working as a healthcare administrator at CareMore Health. He said improving the lives of everyday residents receiving long-term care starts with giving operators of those communities more – and better – tools. Savoy Life is entering an already booming market focused on the aging population, which could grow to north of $2 trillion by 2028, according to research consultancy Markets N Research. Check out the nine-slide pitch deck that Savoy Life used to raise $3 million and launch out of stealth.

Persons: Peter Emigh, Savoy, — Organizations: Red Cell Partners, American Healthcare Association, National Center for, CareMore, Research, Frontrunners

☆ The giant sucking sound you hear is the gobs of capital being pulled away from emerging managers. Here's how one solo capitalist defied the slump.
▼ + stars: | 2023-10-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

Those who raised their first venture capital funds in the pandemic-era boom times are now struggling with their sophomore efforts. Despite the tailwinds, some emerging managers are defying the slump and raising new funds. He told Insider exclusively that he's now closed on $15 million for fund two from investors including Cendana Capital, Invesco Private Capital, and two dozen startup founders. And so in 2019, he reached into his network of founders and raised a $2 million fund to invest in software companies. Now, he's already gearing up for fund three, which Wan said he plans to launch in 2024.

Persons: Insider's Callum Burroughs, Jordan Wan, Wan, Zocdoc, Oliver Kharraz, it's, Alan Ni, Jake Cooper, Manoj Kanagaraj, Blackstone, Cooper didn't, Cooper, they've, Wolf Organizations: Sequoia, Partners, Cendana, Invesco, Capital, Oscar Insurance, Garner Health Locations: London, Denver , Colorado, Wan

☆ Walmart is tackling its $6 billion healthcare bill by pushing employees to see telehealth doctors
▼ + stars: | 2023-10-10 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

Walmart is expanding its virtual health care service to employees across the US. Roughly half of traditional health plan participants do not receive primary care, due in part to lack of access. AdvertisementAdvertisementMore Walmart workers across the US will soon have access to virtual health care services as the country's largest employer expands the offering to all states starting October 14, the company said Tuesday. Employees in 21 states were previously eligible for the telehealth benefit through a provider called Included Health, which rolled out its virtual primary care offering in 2020. Walmart's US health plan spent more than $6 billion last year on claims, premiums, and administrative costs, Bloomberg reported, citing Labor Department filings.

Persons: —, Owen Tripp, Lisa Woods, telehealth Organizations: Walmart, Service, Bloomberg, Employees, Data, Labor

☆ Insider Today: The fight for remote jobs
▼ + stars: | 2023-09-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

Remote workers are doing anything but work in the afternoons. Elena Noviello/Getty ImagesThere are few topics in corporate America as polarizing as remote work. AdvertisementAdvertisementLengthy, expensive office leases might also discourage companies from embracing remote work. As Aki's story points out, that type of rationale from larger companies has created an opportunity for those willing to support remote work. A company's commitment to remote work might not be forever, even if employees view it that way.

Persons: —, Taylor Swift, Travis Kelce, we've, I'm, Chelsea Jia Feng, Insider's Aki Ito, Aki, What's, Elena Noviello, Goldman Sachs, Leonardo Munoz, Rebecca Szkutak, Dominic, Madori Davis, Snyder, Mark Reinertson, Anthropic, Lindsey Nicholson, Jacob Boomsma, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, NFL, nab, TechCrunch, Thistle Technologies, Getty, Employees, Costco, Google, Netflix, Cintas Corp Locations: America, Amazon's, Sioux Falls , South Dakota, Jefferson City , Missouri, New York City, San Diego, London, New York

☆ Costco teams up with Google-backed health startup to offer $29 virtual doctor's visits to members
▼ + stars: | 2023-09-25 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Costco members will soon be able to receive low-cost health care through a partnership with Sesame. In addition to $29 virtual visits, Costco members will receive discounts on other services. Through a new partnership with Sesame, a healthcare marketplace startup backed by Google, Costco members can receive virtual doctor's visits for $29, plus discounts on other telehealth and in-person services, Sesame said Monday. The move into primary care follows similar investments by retailers Walmart and Amazon, as well as from pharmacies CVS and Walgreens. In addition to $29 virtual visits, Costco members will be able to receive virtual mental health sessions for $79, health checkups for $72, and a 10% discount on other services.

Persons: Sesame, —, David Goldhill, Goldhill Organizations: Costco, Walmart, Amazon, CVS, Walgreens, Service, Google, Costco Members, Bloomberg

☆ Home tests still work to detect Covid-19, but here’s why your test may not pick up an infection
▼ + stars: | 2023-09-18 | by ( Brenda Goodman | ) edition.cnn.com time to read: +9 min

That has led to speculation on social media that perhaps rapid tests have lost their ability to detect some of the newer coronavirus variants. “To date, the performance of currently marketed COVID-19 tests has not been adversely impacted by any new variants,” Merchak said in a statement. “That’s why the repeat testing 48 hours is so important.”Why rapid tests are often negative in kidsAnother real-world study of rapid tests identified another reason the tests sometimes don’t work well: operator error. In this study, negative rapid tests correctly meant that a child was healthy only 38% of the time. PCR tests showed that the infected kids had viral loads that should have been high enough to turn positive on rapid tests.

Persons: ”, Michael Mina, Mina, Todd Merchak, ” Merchak, ” Mina, won’t, “, Nathaniel Hafer, ” Hafer, Taiwan hadn’t, Dr, Sanjay Gupta, he’s Organizations: CNN, telltale, Twitter, National Institutes of Health, US Food and Drug Administration, Cell, RADx, FDA, CDC, University of Massachusetts, UMass Chan Medical, Rapid, CNN Health Locations: Taiwan

☆ Martin Sheen and Melissa Fitzgerald: ‘We are all dancing on the edge of the abyss’
▼ + stars: | 2023-09-18 | by ( Opinion Martin Sheen | Melissa Fitzgerald | ) edition.cnn.com time to read: +7 min

Melissa Fitzgerald is an actress and director of strategic engagement for All Rise, founded as the National Association of Drug Court Professionals, a training, membership, and advocacy organization for justice system innovation and reform. These public health and public safety crises are among the paramount social challenges of our time. And of course, we need to develop an ever-growing workforce of licensed addiction treatment providers to deliver services. Treatment courts are a shining example of how the justice system can, and should, provide a public health-oriented response to addiction. This year alone, 4,000 treatment courts will refer 150,000 people to treatment and recovery support.

Persons: Martin Sheen, Melissa Fitzgerald, Melissa —, —, Andy, “, ” Melissa Fitzgerald Leah Puttkammer, Martin Sheen Michael Kovac, we’ll Organizations: Golden Globe, National Association of Drug Court, Public, CNN, AFI, US Centers for Disease Control, National Center, Substance, Welfare, Mental Health Administration, Research, Kennedy Center Locations: telehealth, Chicago, Washington , DC

TALLAHASSEE, Fla. (AP) — A new Florida law restricting health care for transgender people can still be applied to adults while it is being challenged in court, a federal judge ruled Monday. The law signed by Republican Gov. Ron DeSantis in May bans any transgender treatment for minors and requires transgender adults give consent to treatment in person and with a physician present. Florida is one of 22 states to adopt a law in the last few years banning gender-affirming care for children. But unlike others, the one signed by DeSantis, a candidate for president, also has provisions aimed at care for transgender adults.

Persons: Robert Hinkle, haven't, Ron DeSantis Organizations: Republican Gov, DeSantis, Associated Press Locations: TALLAHASSEE, Fla, Florida

☆ Abortions Rose in Most States This Year, New Data Shows
▼ + stars: | 2023-09-07 | by ( Amy Schoenfeld Walker | Allison Mccann | ) www.nytimes.com time to read: +8 min

Abortions rose in nearly every state where the procedure remains legal, but the change was most visible in states bordering those with total abortion bans. Data was not collected from the 14 states with abortion bans in effect in the first part of the year. Range of 2023 estimates 2020 count Low Median High 20,000 40,000 60,000 80,000 Calif. N.Y. Ill. Fla. N.J. N.C. Both reports show significant increases in abortions in states without abortion bans, a change that anti-abortion advocates and legislators are watching closely. Guttmacher researchers collected abortion data before legislatures enacted bans and restrictions in Indiana, North Carolina and South Carolina.

Persons: Rose, telemedicine, Court’s Dobbs, ”, Caitlin Myers, Maine, Ariz, Nev, Isaac Maddow, isn’t, Dobbs, Dr, Myers, . Kan, WeCount, we’ve, Katie Daniel, Susan B, Anthony Pro Organizations: Ore, Ill . Utah W.Va, D.C, Guttmacher Institute, Middlebury College, ”, Minn, Maine Conn, R.I . Ore . Iowa Md, Miss, Ariz . D.C, Colo, Ill, S.C . D.C, N.M . Utah Ill, Va . Iowa Kan, R.I . Ore . Iowa Calif, Ind . Utah Iowa Hawaii Del, America Locations: . Maine, N.D, Vt, Minn, N.H . Idaho S.D, N.Y, Mass, Wis, Mich, Conn, Wyo, R.I, Pa . Iowa, Nev . Ohio Ind, Md, Del, Ill . Utah, Colo, Calif, Va, Kan, Mo, Ky, N.C, Tenn, Okla, ., N.M ., Miss . Ala . Texas La, Alaska Fla, Hawaii States, N.H . Idaho, S.D, Nev . Ohio, Del . Ind, Colo . Va . Calif, Hawaii, United States, Washington, Kan . Ohio Fla, R.I . Ore . Iowa, Ariz ., Ind, La, Nev . Tenn, Okla . Mich, Wash, Pa, Texas, Fla, Pa . Colo, Wash . Ohio Mich, Ga, S.C ., N.M . Utah, Va . Iowa, Pa . N.Y, Okla . Tenn, Nev . Mich, In Illinois, Colorado , Kansas, New Mexico, South Carolina, Arizona , Georgia, Indiana, Arizona, Georgia, California, Florida , Illinois, New York, Ill, Fla . N.J, Pa . Mich, Va . Colo, Wash . Ohio, Ind . Utah Iowa Hawaii, R.I . Maine, Mont . Vt, Alaska, Colorado, Illinois, Indiana , North Carolina

☆ Inside the struggles at Calibrate, a new kind of weight-loss startup that's facing a mountain of patient complaints and refunds
▼ + stars: | 2023-09-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +19 min

Weight-loss startup Calibrate has struggled to get patients access to buzzy drugs like Ozempic. Kenyon's startup Calibrate, which she launched in June 2020, is one of the healthcare companies feeding the frenzy. CalibrateThe company is now running up against several massive challenges: Weight-loss drugs are expensive and in short supply, and health insurers are increasingly reluctant to pay for them. Kenyon said about 20% of Calibrate members do not have coverage for weight-loss medications, and around half of those people request refunds from Calibrate. Want to tell us about your experience with Calibrate or weight-loss drugs?

Persons: lightbulb, Isabelle Kenyon, Kenyon, Jenny Craig, OptumRx, She's, she's, Saxenda, —, weren't, It's, they've, Holly, hadn't, hasn't, Claire Rosenzweig, Rosenzweig, it's, Andrew Kelly, Shelby Livingston, Rebecca Torrence Organizations: New, Tiger Global, Founders Fund, Optum Ventures, FedEx, Food and Drug Administration, Jefferies, Better Business Bureau, BBB, Better Business, Metropolitan New, Better, Apple, Businessolver, Optum, UnitedHealth, Employees, REUTERS, Madryn Asset Management, SM Ventures, Ventures Locations: America, New York, Danish, GLP, Florida, Metropolitan New York, slivingston@insider.com, rtorrence@insider.com

☆ Amazon loses One Medical CEO a year after acquiring primary care provider
▼ + stars: | 2023-09-01 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +2 min

Amir Dan Rubin, CEO of primary care provider One Medical, which Amazon acquired about a year ago, is leaving the company later this year. Twitch CEO Emmett Shear resigned from Amazon in March, and Whole Foods CEO John Mackey retired last year. Amazon has looked to shore up its presence in health care through the One Medical and PillPack deals, as well as by developing services in-house. Last August, the company shuttered its Amazon Care telehealth service amid broader cost-cutting efforts. Haven, a joint venture intended to disrupt health care, disbanded in 202.

Persons: Amir Dan Rubin, Neil Lindsay, Rubin, Trent Green, Trent, PillPack, TJ Parker, Elliot Cohen, Twitch, Emmett Shear, John Mackey, It's Organizations: Amazon, Amazon Health Services, CNBC, Washington Post, Federal Trade Commission, Whole Foods Locations: Haven

☆ September is the cruelest month for stocks. Pros share their trading tips — and what to buy
▼ + stars: | 2023-09-01 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

The pros share their expectations and tips for how investors can trade in the month ahead. The volatility isn't over The "potential bite" of aggressive Fed policy could lead to more volatility, said Richard Saperstein, chief investment officer at investment firm Treasury Partners, in a Tuesday note. Avoid tech — but not completely Avoid mega-cap tech stocks such as the "Magnificent Seven" now, the pros said, referring to Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla — tech stocks that have made massive gains this year. "Big tech stocks have run and valuations are richer than they have been. Dave Sekera, chief U.S. market strategist at Morningstar, said on Thursday that not all tech stocks are overvalued.

Persons: Richard Saperstein, Ben Kirby, CNBC's, Carol Schleif, George Ball, Sanders Morris Harris, Schleif, Ball, it's, Dave Sekera, Kirby, Thornburg, Morgan Stanley, Andrew Slimmon Organizations: U.S . Federal Reserve, Treasury Partners, Thornburg Investment Management, BMO Family Office, Apple, Microsoft, Nvidia, Tesla, Big Tech, Morningstar, Autodesk, Software, Teladoc, CNBC, CME, Hyatt Hotels, Hotels, Resorts, Hilton Hotels, Morgan, Morgan Stanley Investment, United Rentals Locations: U.S, China, Argentine

Search resuls for: "Telehealth"

25 mentions found