A mysterious virus discovered in Wuhan, China, is believed to have played a role in the death of a patient, while another case has been reported by a person who traveled from Wuhan to Thailand, the World Health Organization confirmed Monday.
The latest: Chinese officials said Sunday that one out of 41 confirmed patients has died, but cautioned that they had underlying health issues. A public health official said the U.S. is not overly concerned the virus might spread here.
A venture capitalist is launching a company today to create new drugs that mimic the effects of blockbuster drugs, and then sell them to insurers and hospital systems at a lower price, STAT reports.
Between the lines: The key question is whether insurers and hospitals will buy these new drugs over their competitors.
As hospital prices rise and much of the sector continues to rake in cash, rural hospitals continue to shutter.
Why it matters: There's no way to address U.S. health care spending without cutting hospital costs. But blanket cuts could hurt hospitals that are already struggling to keep their doors open, leaving vulnerable patients without access to care.
