OpenEvidence’s $12 billion valuation reflects investor confidence in its bottom-up, doctor-first model. It has driven rapid adoption, with more than 430,000 clinicians using the startup’s free AI medical search tool regularly. That scale is paired with targeted pharmaceutical advertising that’s already pushed the company past a $100 million revenue run rate. The post Thunderstruck By…
The Consolidated Appropriations Act of 2026 and the Department of Labor’s proposed rule implement major PBM reforms for employers, but don’t include everything they want, including a ban on spread pricing. The post Employers Celebrated PBM Reform. The Reality Is More Complicated appeared first on MedCity News.
Brepocitinib is on track for pivotal testing after meeting the goals of a proof-of-concept study in cutaneous sarcoidosis, a rare inflammatory skin disorder with no FDA-approved therapies. Roivant Sciences subsidiary Priovant Therapeutics licensed the dual JAK1 and TYK2 inhibitor from Pfizer. The post Clinical Trial Win Bolsters Blockbuster Prospects for Roivant Rare Disease Drug Licensed…
We now have technology that can address the problems faced by so many rural hospitals, improving both patient outcomes and an organization’s bottom line. The post It Doesn’t All Have to Be Doom and Gloom for Rural Hospitals – A Blueprint for Improving Cost Structures appeared first on MedCity News.
The CEO of the Israeli company believes the company has a superior, minimally invasive product that is designed to be a permanent implant, though the procedure is fully reversible. The post Butterfly Medical Offers Non-Surgical Option to Treat Enlarged Prostate appeared first on MedCity News.
More brokers are introducing medical gap insurance, more employers are adopting it, and more employees are benefiting from the added protection. The next step is making sure awareness keeps pace with need. The post Medical Gap Insurance Adoption is on the Rise: Closing Coverage and Knowledge Gaps for Employers appeared first on MedCity News.
KFF Health News senior correspondent Renuka Rayasam discussed concerns about health care costs following the expiration of enhanced Affordable Care Act tax credits on CBS News’ CBS News 24/7 on Feb. 5. Rayasam also discussed rising health insurance costs on WUGA’s The Georgia Health Report on Jan. 30. Click here to watch Rayasam on CBS…
HHS is scrapping its proposed 340B rebate pilot after hospitals sued to stop it. Providers say the plan would have created cash flow problems and administrative burdens that threatened safety-net care. The post Why HHS Scrapping Its 340B Rebate Program Is a Win For Providers appeared first on MedCity News.
As Gov. Gavin Newsom spars with President Donald Trump and courts national attention for a potential presidential bid, at home he’s catching flak from the left and the right on health care. The California Democrat came into office promising to fight for “guaranteed health care for all,” and he came close to achieving it. Really close. But as it turns out, that’s easier said than done when you’re juggling chronic budget deficits, rising health care costs, and shrinking federal support. Now he’s walking…
Chamber’s Series A round was led by Frist Cressey Ventures, with participation from General Catalyst, AlleyCorp, American Family Ventures, Company Ventures, Optum Ventures, Healthworx Ventures and Black Opal Ventures. The post Chamber Secures $60M to Advance Value-Based Cardiology appeared first on MedCity News.