Healthcare Reform

Novartis and GSK trade assets as pharma industry reshapes


ZURICH/LONDON - Novartis and GlaxoSmithKline agreed to trade more than $20 billion worth of assets on Tuesday to bolster their best businesses and exit weaker ones as the drug industry contends with healthcare spending cuts and generic competition. | Video

U.S. official responsible for reforming Medicare is leaving post

WASHINGTON - The Obama administration on Tuesday announced the departure of the top health official responsible for reforming Medicare under President Barack Obama's healthcare reform law.

22 Apr 2014

Obamacare enrollees urged to change passwords over Heartbleed bug

NEW YORK - Americans with accounts on President Barack Obama's health insurance enrollment website,, were advised that their passwords had been reset to guard against the "Heartbleed" bug, in a message posted on the site on Saturday.

Politics, Tech, Media 19 Apr 2014

Obama argues healthcare law is working, rejects Republican criticism

WASHINGTON - President Barack Obama mounted a vigorous effort on Thursday to show his signature healthcare law is working and dismissed Republican critics who are using flaws in Obamacare to campaign for ousting Democrats from the U.S. Congress in November. | Video

Politics, U.S., Health 17 Apr 2014

China backs away from price controls on basic drugs

BEIJING/SHANGHAI - China has backtracked on its policy of capping retail prices on medicines and will allow pharmaceutical companies to set prices for some drugs, after criticism that controls had caused a drug drought that derailed treatment for millions of patients.

Health, China 17 Apr 2014

Obama's departing health chief mulls U.S. Senate run: report

WASHINGTON - Departing Health and Human Services Secretary Kathleen Sebelius, who took withering criticism over the botched rollout of President Barack Obama's signature healthcare law, is considering a run for the U.S. Senate in Kansas, The New York Times reported on Wednesday.

16 Apr 2014

Americans increasingly prefer Democrats on healthcare: Reuters/Ipsos poll

WASHINGTON - Americans increasingly think Democrats have a better plan for healthcare than Republicans, according to a Reuters/Ipsos poll conducted after the White House announced that more people than expected had signed up for the "Obamacare" health plan.

Politics, U.S. 15 Apr 2014

Bankrupt Detroit reaches first deal with retirees group

- Detroit reached its first deal with a retired workers group on Tuesday over pension and healthcare benefits and was close to a deal with at least one of its pension funds, giving a major boost to the city's plan to exit bankruptcy in October.

U.S., Politics 15 Apr 2014

BlackBerry buys minority stake in healthcare IT firm

TORONTO - BlackBerry Ltd said on Tuesday it bought a minority stake in privately held healthcare IT firm NantHealth, a move that offers a glimpse into the type of niche markets the smartphone maker is targeting as it attempts to engineer a turnaround.

China's John Zhao seeks more targets in state sector reform

BEIJING - Hony Capital, the private-equity firm backed by Legend Holdings, is likely to deploy more capital in China's state-owned manufacturing and healthcare sectors as Beijing seeks to further restructure its government-owned companies.

14 Apr 2014


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