The drug industry is just wrapping up what looked like an upbeat week here at the J.P. Morgan Healthcare Conference in San Francisco, where all of the healthcare industry's biggest executives come every year to court investors and negotiate deals.
Gov. Jerry Brown's proposed budget shows continued support for California's Medicaid program as talks of a repeal of the Affordable Care Act gain momentum.
Doctors have long argued that the money they receive for serving Medi-Cal patients isn’t enough to sustain a practice, leading to a shortage of medical providers willing to treat California’s poorest residents in rural communities and other pockets of the state.
The House of Representatives began the process of dismantling the Affordable Care Act on Friday, approving a budget resolution on a mostly party line vote.
President-elect Donald Trump said in a weekend interview that he is nearing completion of a plan to replace President Obama’s signature health-care law with the goal of “insurance for everybody,” while also vowing to force drug companies to negotiate directly with the government on prices in Medicare and Medicaid.
UnitedHealth Group, one of the largest and most diversified health insurance companies in the United States, said on Monday that it planned to buy Surgical Care Affiliates, a chain of outpatient surgery centers, for about $2.3 billion. The deal is expected to close in the first half of 2017.