Happy Wednesday! We’ve all spent some time recently reflecting on the past year, and turns out the FDA is, too. Last year, the agency approved 55 new drugs and five biosimilars, made existing drugs available to more patients, and made some prescriptions available over the counter. On average, the FDA approves 43 drugs per year, so shout out for an above-average year!
In today’s edition:
They need HELP
CEO wishlist
🪷 Keep calm and carry on
—Will Peischel, Shannon Young, Mikaela Cohen
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Alex Wong/Getty Images
Find a good reason for an inhaler to cost $7 in France—and $489 in the US. You can’t. At least, that’s the wager four members of the Senate Committee on Health, Education, Labor, and Pensions (HELP) made on Monday when they opened an investigation into four pharmaceutical companies for alleged price manipulation.
Senators Bernie Sanders, Tammy Baldwin, Ed Markey, and Ben Ray Luján sent letters to AstraZeneca, Boehringer Ingelheim, GlaxoSmithKline (GSK), and Teva soliciting an array of internal documents, such as financial statements, patent information, and evidence of financial assistance offered to patients.
The probes seek to corroborate what the senators already suspect: Inhaler manufacturers are price gouging.
Keep reading here.—WP
Do you work in healthcare or have information about the industry that we should know? Email Will at [email protected]. For confidential conversations, ask Will for his number on Signal.
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PRESENTED BY GE HEALTHCARE
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The most talked-about trends in the health space—precision healthcare, AI, and democratized healthcare—are here to stay. Need the scoop? The experts at GE HealthCare are laying out all the deets.
As the innovative minds at GE HealthCare explain, these healthcare breakthroughs will be the catalysts for transforming care over the next decade, enabling clinicians to guide patients toward faster and more precise diagnoses and treatments, reducing the administrative burdens, and helping healthcare systems deliver value-based care.
With better access to the information needed to provide top-quality, personalized care for each patient, clinicians are improving patient outcomes and boosting efficiency.
The best part? This is only the beginning. Get the scoop on the future of healthcare.
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Francis Scialabba
Healthcare executives don’t just spend their days overseeing day-to-day hospital operations— they’re also looking months, and often years, down the line to plan the future of their health system. Those plans could involve new technologies, infrastructure projects or upgrades, streamlined staffing models, or untapped financial opportunities.
We asked hospital CEOs and other leaders for their thoughts on the health system of the future, including what those facilities will look like and how their missions will be different from today.
Here’s what three executives told Healthcare Brew is on their wish lists for the ideal hospital of the future and next era of healthcare delivery.
Their responses have been lightly edited for length and clarity.
Dianna Jacob, COO at NYC Health + Hospitals/South Brooklyn Health
There’s a long list there: The biggest is technology.
Keep reading here.—SY
Do you work in healthcare or have information about the industry that we should know? Email Shannon at [email protected]. For confidential conversations, ask Shannon for her number on Signal.
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Illustration: Francis Scialabba, Photo: Getty Images
Do you ever feel stressed at work? Of course you do. You’re only human.
In fact, almost all US employees (80%) feel at least some amount of stress on the job, and about one-half of those workers want to learn how to manage their stress, according to the American Institute of Stress.
This is where people leaders can play a key role in helping workers, said Scott Domann, chief people officer at meditation app Calm, and be “rewarded with high productivity and employee satisfaction,” he said. By creating a culture that values mindfulness, he told HR Brew he’s been able to help his roughly 300 employees strike a “strong work-rest balance” through daily meditations and company-wide mental health days.
Meditations and breaks. Two years ago, Calm started conducting twice-yearly engagement surveys, the results of which have helped shape the company’s mindfulness programs.
Keep reading at HR Brew.—MC
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TOGETHER WITH GE HEALTHCARE
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Smarten up, healthcare. Expanded access to care, healthier patients, more efficient hospitals, and more effective therapies are possible. GE HealthCare is talking healthcare industry breakthroughs in 2024—and beyond.
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Francis Scialabba
Today’s top healthcare reads.
Stat: During the first two years of the pandemic, stimulant prescriptions rose by 14% in the US for a total of 5.9 million new scripts. (CNN)
Quote: “By allowing physician residents to come to California, where there are more opportunities for abortion training, and by allowing them to be reimbursed for this work, we’re sending a message that abortion care is healthcare and an essential part of physician training.”—Lisa Folberg, CEO of the California Academy of Family Physicians, on a California law that makes it easier for out-of-state physicians to receive training in abortion care (KFF Health News)
Read: Stat’s Tara Bannow recounts her experience trying to access lactation accommodations at the JPMorgan Healthcare Conference this month. (Stat)
Check up: Democratized healthcare, precision, and AI are changing the face of the healthcare industry. Innovative minds at GE HealthCare share how they see clinicians stepping into the future with data and smart devices. Read all about it.* *A message from our sponsor.
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Looking to make your next career move? We’ve partnered with iHire and their network of healthcare-specific communities—like iHireNursing, iHirePharmacy, and iHireMentalHealth—to help you find your next rewarding role. Check out positions like:
Check out iHire to find roles in healthcare administration, biotechnology, mental health, and more.
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