McKesson Corporation announced its intention to separate its Medical-Surgical Solutions segment into an independent company (“NewCo”). McKesson believes a separation will “further enhance the strategic opportunity and operational focus of both companies and unlock value for McKesson shareholders,” the company said. “The separation would advance McKesson and NewCo’s ability … [Read more...]
U.S. trade deficit jumps to record high on pre-tariff import rush
May 7, 2025- What began as a rapid drop in U.S. imports as shippers cut orders from manufacturing partners around the world has now extended into a nationwide export slump, according to CNBC. The U.S. trade deficit in goods and services soared to a record $140.5 billion in March, according to NBC News, and year-to-date, the deficit has increased 92.6%, as companies and … [Read more...]
Thermo Fisher Scientific invests to enhance U.S. innovation and support customers’ manufacturing
April 25, 2025- Thermo Fisher Scientific Inc. will invest an additional $2 billion in the United States over the next four years, strengthening American innovation, manufacturing and economic competitiveness across the life sciences sector. These additional investments to the company’s American manufacturing capacity support a resilient U.S. healthcare supply chain and will … [Read more...]
U.S. stocks waffle as investors wait on tariff updates, trade war confusion persists
April 15, 2025- Stocks drifted early Tuesday as investors look for more details on where tariffs stand for autos and tech products after President Trump signaled some exemptions on Monday, according to Fox Business. President Trump and Commerce Secretary Howard Lutnick suggested Sunday that the exemptions are not permanent, stirring up more tariff uncertainty, according to … [Read more...]
Latest on tariffs, uncertainty stokes trade war
April 14, 2025- Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty, according to AP News. President Trump dropped new tariff rates on imports from most U.S. trade partners last Wednesday to 10% for 90 days to allow trade negotiations in those … [Read more...]
Cardinal Health completes acquisition of the Advanced Diabetes Supply Group (ADSG)
April 2, 2025- Cardinal Health announced that it has completed its acquisition of the Advanced Diabetes Supply Group (ADSG). ADSG is a leading national direct-to-patient diabetes medical supplies provider that serves approximately 500,000 patients annually. ADSG’s comprehensive solutions are tailored to support individual patients in their homes by providing innovative … [Read more...]
Teleflex reports preliminary results from IDE Study on Ringer™ Perfusion Balloon Catheter (PBC) study
March 28, 2025- Teleflex Incorporated announced that the preliminary results from its Ringer™ PBC IDE study were reported in a featured presentation at the CTO Plus Conference in New York by the study’s principal investigator. Ringer™ PBC is a rapid-exchange percutaneous transluminal coronary angioplasty (PTCA) catheter with a unique helical balloon. When inflated, the … [Read more...]
Amazon One Medical CEO to step down
March 7, 2025- Trent Green is stepping down as CEO of Amazon One Medical on April 4 after less than two years at the helm of the primary care provider, according to CNBC. Green will transition to a role as chief executive of the National Research Corporation, a healthcare analytics firm, on June 1, according to the company. Under Green, One Medical … [Read more...]
How the Trump White House will handle healthcare
December 16, 2024- What will President Trump’s incoming administration mean for the U.S. healthcare industry? How could tariffs affect manufacturers, suppliers, and providers? The Journal of Healthcare Contracting has compiled several experts to discuss what changes and trends they foresee happening in 2025 and beyond. The webinar is scheduled for Jan 17, 2025, at 01:00 PM … [Read more...]
Sutter Health appoints Aparna Abburi to lead and expand system’s population health and health plan services
December 12, 2024- Sutter Health has announced Aparna Abburi as its new Senior Vice President, Population Health and Health Plan Services and CEO of Sutter Health Plan, as part of its commitment to expanding access to care, addressing the needs of an aging population, and driving innovation in value-based care. Abburi will spearhead efforts to deliver data-driven, … [Read more...]