August 30, 2024

Big Pharma Now Giving More To Dems Than GOP

Despite the passage of the Medicare drug price negotiations, Big Pharma companies are now giving more to Democrats than to Republicans. In the past, Big Pharma gave three or four times more to GOP candidates than to Democrats. But so far in the 2024 election cycle, drug companies have given $4.89 million to Democrats and $4.35 million to Republicans. Harris has gotten $518,571 compared with Trump at $204,748. Part of the change could be Trump’s animosity toward the drug industry as well.

#drugpricing #ira #branddrugmakers

https://www.medpagetoday.com/washington-watch/electioncoverage/111734

Iranian-Backed Cyber Criminals Active

Several federal government agencies are warning that Iranian-backed cyber criminals have conducted a number of attacks against healthcare organizations.

(Article may require a subscription.)

#cyberattacks #healthcare

https://www.modernhealthcare.com/digital-health/iranian-hackers-attacks-healthcare-fbi

Beleaguered Walgreens Facing Shareholder Lawsuits

Walgreens and its top executives are being sued by shareholders over the company’s dire financial status. The lawsuit alleges company executives inflated the financial outlook for its pharmacy business.

#walgreens #healthcare

https://www.healthcaredive.com/news/walgreens-shareholder-lawsuit-pharmacy-business-outlook/725748

Mississippi Medicaid Makes Final Awards

After numerous appeals, Mississippi awarded Medicaid contracts to Centene, Molina Healthcare and new hospital-backed nonprofit TrueCare. UnitedHealthcare was not renewed. Centene and Molina Healthcare were re-awarded.

#medicaid #managedcare #ms

https://www.beckerspayer.com/contracting/mississippi-awards-medicaid-contracts.html

— Marc S. Ryan

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