The Promise and Peril of Price Transparency Under Trump’s New Executive Order

President Donald Trump’s latest executive order aims to strengthen enforcement for CMS’ price transparency requirements. Some experts think greater price transparency could reduce healthcare costs by fostering more competition, while others are concerned about the potential effects on hospital-payer negotiations, as well as the practicality of enforcing these requirements. The post The Promise and Peril…

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BridgeBio Oncology to Go Public in SPAC Deal Bringing $450M+ for Trio of Cancer Drugs

Clinical-stage BridgeBio Oncology Therapeutics, whose financial backers include Cormorant Asset Management, is going public by merging with a Cormorant-sponsored SPAC. The combined company will continue developing drugs targeting various forms of mutated KRAS proteins that drive cancers. The post BridgeBio Oncology to Go Public in SPAC Deal Bringing $450M+ for Trio of Cancer Drugs appeared…

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Fires Undercut L.A.’s Headway on Homelessness

Los Angeles County homelessness leaders last year reported nearly 30,000 permanent housing placements — an annual high for the sprawling region of 10 million residents. Thousands more got into shelter and short-term housing. Gov. Gavin Newsom and local leaders celebrated the progress as evidence that an unprecedented multibillion-dollar public investment to move people off the…

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