Dive Brief: Anthem beat Wall Street’s third-quarter expectations on earnings and reported revenue of $ 31.2 billion, up 16.8% from the year prior, in results released Wednesday morning. Expenses, however, were up more than 22% year over year, leaving profit to plummet roughly 80%. Total medical membership jumped 4%, attributed to increases in Medicare and… Read More »
A study published recently in the American Journal of Clinical Nutrition sparked interest when it reported that red and white meat have a similar effect on low-density lipoprotein (LDL, or “bad”) cholesterol, which is associated with increased heart disease risk. You may conclude, “Well, if chicken is just as bad for my cholesterol as red… Read More »
Dive Brief: For-profit hospital operator Community Health Systems posted a wider net loss of $ 167 million on revenues of $ 3.3 billion in the second quarter of 2019.That’s a 7.3% decrease in revenue year over year from $ 3.56 billion in 2018, but slightly higher than Wall Street expectations. On a somewhat brighter note… Read More »
Turkey provides cutting-edge medical services, including stem cell transplants, to millions – including the refugees it hosts – said a Turkish professor of hematology. Fevzi Altuntaş told Anadolu Agency (AA) that Turkey emulated developed countries in the West in its drive to offer patients high-end medical services. Altuntaş, founder of Turkish cord blood and bone… Read More »
(Reuters) – Celgene Corp, which is being bought by Bristol-Myers Squibb Co, reported a better-than-expected fourth-quarter profit on Thursday, driven mainly by higher sales of psoriasis drug Otezla. Bristol-Myers agreed to buy Celgene for about $ 74 billion earlier this month, a deal that will expand its pipeline of cancer drugs as the company goes… Read More »