Pfizer Inc.’s $43 billion takeover of Seagen Inc. faces a European Union review after the companies formally notified the bloc’s merger watchdog. The European Commission set Oct. 19 as a deadline to complete its initial probe, according to a filing on its website on Friday. Read the full article: Pfizer’s $43B Seagen Takeover Gets EU …
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Several behavioral health executives shared their thoughts on the Drug Enforcement Administration’s (DEA) proposed rules for controlled substances and telehealth on Tuesday, with most going to bat for virtual-prescribing practices in front of agency officials. Tuesday brought the first of two listening sessions to discuss what potential post-COVID regulations for telehealth prescribing could and should …
Provider groups are urging the Biden administration to reconsider proposed cuts to physician payments in its annual fee schedule rule, arguing that the cuts could force service and staffing reductions as practices feel the financial pinch. “The proposed cuts are bad policy, bad timing and bad for patients. Physicians are facing a triple whammy as …
A wall of debt is coming due for private equity-owned hospitals and nursing homes that threatens to undermine care for some of the most vulnerable Americans. That’s triggering alarms in Washington. Cheap and flexible financing that helped big Wall Street buyout firms snap up health centers, long-term care facilities and provider networks in recent years …
The Wisconsin and Oregon healthcare markets have two merger deals that could completely disrupt their competitive markets if they go through. But will the FTC give these deals the green light? Read the full article: 2 Health System M&A Deals Disrupting Their Markets: Will They Fail? // Source: https://www.healthleadersmedia.com/strategy/2-health-system-ma-deals-disrupting-their-markets-will-they-fail
The Centers for Medicare & Medicaid Services (CMS) is partnering with states to revamp regional healthcare delivery through the AHEAD Model, or the States Advancing All-Payer Health Equity Approaches and Development Model. Participating states will have increased access to primary care services and lower healthcare costs for patients as well as put expenditures on a …
The American Hospital Association (AHA) is among those pushing back against the Federal Trade Commission’s (FTC’s) plans to update pre-merger notification requirements, calling the proposal “a substantial burden” that’s “largely unnecessary” for effective antitrust review of the hospital industry. In a comment letter submitted Tuesday, the major hospital lobby said it shared many of the …
The Federal Trade Commission last week allowed Amgen to move forward with its $27.8 billion acquisition of Horizon Therapeutics under a settlement agreement – a move that could have ramifications for a string of other pharmaceutical industry buyouts. Some Wall Street analysts said the FTC’s decision to settle allows the sector to breathe a sigh …
California Attorney General Rob Bonta has announced joining the Federal Trade Commission (FTC) in a groundbreaking settlement with Amgen, one of the world’s largest biopharmaceutical drug companies. The settlement resolves a lawsuit filed by the FTC and California, alleging Amgen’s proposed acquisition of Horizon Therapeutics (Horizon) would allow it to virtually monopolize the market for …
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Amgen has settled with the Federal Trade Commission after the US regulator in May had tried blocking the California drugmaker’s proposed nearly $28 billion acquisition of Horizon Therapeutics. The deal is expected to close early next quarter now, the companies said Friday morning. Amgen and Horizon entered into a consent order agreement with the FTC, …
