Feb 1, 2018

Hospitals flocking to new drug co-op

Hospitals are looking into making generic drugs. Photo: Smith Collection / Gado via Getty Images

It's only been two weeks since a consortium of hospital systems said they are forming their own not-for-profit drug company to make generic drugs that are in short supply or overpriced. Another 100 hospitals have already joined the initiative since its launch, Intermountain Healthcare CEO Marc Harrison said in an interview at NEJM Catalyst.

Big picture: Harrison believes up to 1,000 hospitals, or about 20% of all hospitals in the country, will sign on. High drug prices and shortages have enraged the public, and the growing interest indicates hospitals see this as a way to offset some bad actors.

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In photos: India welcomes president with massive "Namaste Trump" rally

First Lady Melania Trump, President Trump and India's Prime Minister Narendra Modi attend the "Namaste Trump" rally at Sardar Patel Stadium in Motera, on the outskirts of Ahmedabad, on Monday. Photo: Mandel Ngan/AFP via Getty Images

President Trump was addressing a massive rally after arriving with members of the U.S. first family in Ahmedabad, northwest India, Monday for a two-day visit.

Why it matters: The countries are forging deeper ties, particularly in the military dimension, as India’s location, size and economic growth making it the "obvious counterweight to China" for American policymakers, per Axios' Dave Lawler and Zachary Basu. Prime Minister Narendra Modi is demonstrating the importance of the visit by holding a "Namaste Trump Rally" at a packed 110,000-capacity Sardar Patel Stadium in Ahmedabad — the world's largest cricket venue.

Go deeperArrowUpdated 50 mins ago - World

Concern over coronavirus spread: Italy, South Korea and Iran report more cases

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The number of novel coronavirus cases in South Korea, Italy and Iran jumped on Sunday as infections in mainland China continued to grow, the latest figures show.

The big picture: As South Korea and Italy stepped up emergency measures amid rising case numbers, World Health Organization officials expressed concern about infections with no clear link to China. COVID-19 has killed at least 2,619 people and infected almost 80,000 others, with all but 27 deaths occurring in mainland China.

Go deeperArrowUpdated 5 hours ago - Health

Sanders reveals free childcare plan for preschoolers

Democratic presidential candidate Sen. Bernie Sanders speaks during a campaign rally on Saturday in El Paso, Texas. Photo: Cengiz Yar/Getty Images

Democratic presidential candidate Sen. Bernie Sanders announced on CBS' "60 Minutes" Sunday a new plan to guarantee free child care and pre-kindergarten to all American children from infancy to age four.

Details: In the wide-ranging interview, Sanders told Anderson Cooper he planned to pay for universal childcare with a wealth tax. "It's taxes on billionaires," he said.

Go deeperArrowUpdated 5 hours ago - Politics & Policy