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STAT+: Digital tools for diabetes management did not deliver benefits that justify cost, new report finds

STAT

The last decade has seen billions of dollars flow into digital health companies that promise to improve outcomes for the 38 million Americans living with type 2 diabetes. As a result, they don’t reduce health care spending — they drive it up. Continue to STAT+ to read the full story…

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STAT+: Net prices for medicines fell considerably in 2023’s last quarter, mostly thanks to Humira biosimilars

STAT

The net prices that health plans paid for medicines — after subtracting rebates, discounts, and fees — fell by 2.8% in last year’s fourth quarter, the largest decline ever measured by SSR Health, a research firm that tracks the pharmaceutical industry and its pricing trends.

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Opinion: Shortages of generic drugs can’t be blamed solely on group purchasing organizations

STAT

In 2021 alone, the use of generic and biosimilar drugs saved $373 billion in health expenditures. Important categories of drugs — from antibiotics to chemotherapies to saline solution — experience persistent shortages and inadequate quality. Today, however, generic drugs seem to be a victim of their success.

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Opinion: Where do we go from here on digital therapeutics?

STAT

South Korea is the only country to officially recognize digital therapeutics as a category. Nevertheless, the concept of software-based tools designed to manage or treat medical conditions has received enormous attention in the U.S. as proponents tout their potential to both widen access to care and improve patient outcomes. billion in 2021.

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STAT+: HCA reports almost $1 billion more in charity care to Medicare than to its shareholders, drawing more taxpayer money

STAT

It does so by packing its CMS charity care bucket with several categories of financial assistance, including discounts provided to patients who weren’t eligible for charity care. Yes,” said Gerard Anderson, a health policy and management professor at Johns Hopkins University who has studied charity care. 

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STAT+: The FDA’s diagnostics chief, who led through Covid, has retired

STAT

Many of the Covid-19 PCR tests fell in this category. Early on, using powers granted by the public health emergency, the FDA required labs to apply for emergency use authorization. The pandemic especially laid bare FDA’s inability to control lab-developed tests (LDTs).

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Healthee heads latest crop of digital health financings

pharmaphorum

Our latest round-up of funding rounds in the digital health category features updates from Healthee, Aktiia, Moxe Health, Eleanor Health, Tava Health, BrainCheck, and Redi Health.

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