For-profit hospitals

Axios analysis: Drugmakers getting richer

Data: Company filings; Chart: Naema Ahmed/Axios

A majority of the health care industry's profits in the first three months of 2019 went to the top 10 companies, and 9 of those 10 companies were pharmaceutical manufacturers, according to Axios' quarterly analysis of industry financial reports.

The bottom line: Quarter after quarter after quarter shows drugmakers continue to wield the highest profit margins in the industry even though the political and public uproar over drug prices has somewhat dampened their stocks.

How "Medicare for All" would affect hospitals

Kirsten Gillibrand ans Bernie Sanders standing behind a medicare for all sign
Sens. Bernie Sanders and Kirsten Gillibrand introducing the "Medicare for All Act of 2019" in April. Photo: Tom Williams/CQ Roll Call via Getty Images

One of the most important questions regarding a "Medicare for All" system in which private insurance disappears is how hospitals would be paid. The answer has huge implications, the NYT reports.

The big picture: Private insurance pays much higher rates for the same services than Medicare does. Hospitals say that's because Medicare underpays, so they must make up the difference through private insurance.