Walgreens saw its share price jump Thursday after laying out aggressive plans to cut $1 billion in costs over the next year and close 60 VillageMD clinics.
Why it matters: The company has struggled to meet investor expectations and compete with CVS Health, Walmart and Amazon, placing much of its focus on the expansion of primary care.
Illegal flavored e-cigarettes are flooding the U.S. market and circumventing FDA efforts to curb youth vaping.
Why it matters: The situation raises questions about whether the FDA is capable of enforcing new standards in public health — and if some prohibition-based policies lead to unintended consequences.
Monthly Medicare premiums covering physician and outpatient care will rise almost 6% next year as part of a series of hikes the Centers for Medicare and Medicaid Services announced Thursday.
A casual Zoom call with some doctor friends in the early days of the pandemic put retired tennis major champion Andy Roddick on an unlikely path charting the fortunes of a firm that uses telehealth to diagnose sports injuries.
Why it matters: The company Roddick founded, called ViewFi, is evidence of how high-profile athletes and other celebrities are investing in, and sometimes helping run, digital health care companies.
