Tag Archives: industry

Hospitals warn Medicare public option would be an $800 billion hit to industry

Hospitals warned Tuesday that their industry would suffer an $ 800 billion cut if Democrats succeed in massively expanding Medicare. The American Hospital Association and the Federation of American Hospitals published a report concluding that allowing the public to buy in to Medicare plans at cost would not only contribute to massive budget cuts to… Read More »

Major health industry deals said to move closer to approval

Two major healthcare deals that stand to reshape the insurance and pharmacy industries are moving toward winning antitrust approval. The approvals by a federal agency are expected to be the final step as the takeovers head toward completion, according to a person familiar with the combinations. The Department of Justice is on track to soon… Read More »