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16 Oct 2018

DRUGMAKERS FUNNEL MILLIONS TO LAWMAKERS; A FEW DOZEN GET $100,000-PLUS

  By Emmarie Huetteman and Sydney Lupkin Before the midterm elections heated up, dozens of drugmakers had already poured about $12 million into the war chests of hundreds of members of Congress. Since the beginning of last year, 34 lawmakers have each received more than $100,000 from pharmaceutical companies. Two

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16 Oct 2018

CMS PROPOSAL TO REQUIRE MANUFACTURERS TO DISCLOSE DRUG PRICES IN TV ADS COMMENTS DUE BY DEC. 17

  The Centers for Medicare & Medicaid Services proposed Oct. 15 to require that prescription drug manufacturers post the Wholesale Acquisition Cost (WAC) for drugs covered in Medicare or Medicaid in direct-to-consumer television advertisements. “This historic proposal is an important way to create new incentives for drug companies to start

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16 Oct 2018

TELEMEDICINE GIANT HEALTHRIGHT, 4 COMPOUNDING PHARMACIES CHARGED WITH $1 BILLION FRAUD

  HealthRight CEO Scott Roix of the telemedicine company HealthRight pleaded guilty to felony conspiracy charges brought by the Department of Justice. Roix and the company also pleaded guilty to conspiring to commit wire fraud associated with a telemarketing scheme to sell dietary supplements, skin creams and testosterone to patients. Roix and the

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12 Oct 2018

CYBER ATTACK FEAR LEADS TO MEDTRONIC DISABLING PACEMAKER INTERNET UPDATE

  Medtronic has disabled the internet update functionality of two of its CareLink devices used to program pacemaker implants amid concerns that they may be susceptible to cyberattacks, according to a letter from the medtech giant to healthcare professionals. Vulnerabilities had been identified in the update download process that could allow an individual

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11 Oct 2018

DOJ SAYS SELLING AETNA’S PART D BUSINESS WILL CLEAR CVS-ATENA MERGER FOR APPROVAL\

            The $69 billion CVS-Aetna merger was approved by the Department of Justice Oct. 10 if Aetna sells off its Part D business. Atena agreed sell its Part D plans to WellCare Health Plans, which include 2.2 million members, Sept. 27, but will retain the

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