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A Texas patient received the first-ever successful titanium heart transplant.
August 07, 2024

Healthcare Brew

Indeed - Careers in Care

Welcome to Wednesday. A new study shows that in the absence of Roe v. Wade, more people are attempting to self-manage abortions, which researchers classified as any abortions happening outside the healthcare system. In 2023, 3.3% of the US female population reported such an abortion, compared to 2.4% at the end of 2021 and early 2022. Researchers at the University of California, San Francisco wrote in the study that self-managed abortions need to be “monitored carefully” as barriers to safe procedures increase.

In today’s edition:

Heart racing

Moderna’s Covid vaccine flop

Higher costs in the forecast

—Cassie McGrath, Caroline Catherman, Maia Anderson

DEVICES

Blood pumping

Surgeon holding an artificial heart. BiVacor

On July 9, the Texas Heart Institute of Houston performed the first-ever successful implant of a BiVacor Total Artificial Heart (TAH) on a 57-year-old man—making for a heartfelt moment.

The patient, who was not named, was critically ill and in cardiogenic shock, meaning his heart couldn’t pump the amount of blood his body needed. However, finding donor organs can be difficult, as nearly 3,500 patients are currently awaiting a heart transplant, according to the public-private Organ Procurement and Transplantation Network.

But the patient had another option: a BiVacor TAH, which is a titanium heart that uses magnetic technology to pump blood. It is designed to replace both ventricles of a failing heart.

Heart to (other) heart

The surgery was part of an FDA early feasibility study, in which new medical devices are used on a small number of patients to assess their safety and efficacy.

In the study, the TAH functioned as a placeholder rather than a long-term solution. Daniel Timms, founder and chief technology officer at BiVacor, said the team hopes to do four more similar surgeries like this to test the TAH before Q1 next year.

On post-op day three, Joseph Rogers, president and CEO of the Texas Heart Institute, said the patient in the July 9 surgery was disconnected from a ventilator and could sit up in a chair.

“The first thing he said when the breathing tube came out was: ‘I feel great,’” Rogers told Healthcare Brew.

Keep reading here.—CM

   

PRESENTED BY INDEED - CAREERS IN CARE

Give your career some CPR

Indeed - Careers in Care

Wanna revive your role in healthcare? Indeed’s got just the webinar to help you reach a whole new level in your healthcare career.

Join Indeed’s Job Search Academy on Aug. 14 at 12pm ET/11am CT. This live webinar includes a panel of experts who will share strategies for finding more fulfillment in your day-to-day work as well as advice for exploring new healthcare career paths within your skill set.

You’ll hear from these experts:

  • Dr. Farah Laurent, DNP, RN, NEA-BC, Nurse Career Coach
  • Jonathan Smith, PA-C, Cardiology PA
  • Dr. Travis Moore, DNP, RN, NEA-BC, The Indeed Nurse

Register here.

EARNINGS

Moderna’s misfire

Glass bottle of Moderna's Covid-19 vaccine in front of a box. Ringo Chiu/Getty Images

“Now I’m free—free fallin’!” Moderna’s earnings projections just took a Tom Petty dive, and investors are wondering when the parachute will open.

Moderna executives slashed the year’s projected net sales on Thursday from around $4 billion to between $3 billion and $3.5 billion, due in part to declining interest in the Covid-19 vaccine.

In Moderna’s Q2 earnings call, CFO Jamey Mock said the company expects lower uptake of its respiratory syncytial virus (RSV) vaccine, low European sales of its Covid-19 vaccine, and a low Covid vaccine rate in the US around what the company saw last season when CDC data showed that only around 21% of adults had received the updated booster.

“This year is not turning out as we expected,” Mock said in the call.

Keep reading here.—CC

   

PHARMA

Costs on the rise

Pill bottle with dollar signs. Emily Parsons

Inflation has hit the pharmacy shelves.

The drug price inflation rate is expected to hit 3.8% next year, thanks largely to increased use of expensive medications like GLP-1s and cell and gene therapies, according to new data from healthcare services firm Vizient’s summer Pharmacy Market Outlook report.

Spending on semaglutide, Novo Nordisk’s GLP-1 (better known by its brand name, Wegovy), is up 77% this year compared to summer 2023, according to Vizient. And with the ever-expanding list of diseases GLP-1s could treat, spending on the drug class is “becoming increasingly significant for providers as they manage pharmacy spend,” the company said in a statement on July 30.

Cell and gene therapies, which treat diseases like sickle cell anemia and spinal muscular atrophy, cost anywhere from $250,000 to $4.3 million for one dose, according to Vizient. The company warned in the statement that providers should be prepared for these drugs to “significantly impact” their budgets, especially as the therapies are likely to become even more popular in the coming years, as nearly 300 are in clinical trials.

Keep reading here.—MA

   

TOGETHER WITH HLTH

HLTH

Here’s to a healthy tomorrow. If you’re a leader in the healthcare industry, you won’t wanna miss HLTH’s 2024 event in Las Vegas from Oct. 20–23. This year’s theme? Boldly stepping into health’s future. Network, gain insights on cutting-edge trends, and more. Leaders in tech, pharma, consumer healthcare, and more will be there. Will you?

VITAL SIGNS

A laptop tracking vital signs is placed on rolling medical equipment. Francis Scialabba

Stat: 1,243. That’s how many employees Steward Health Care plans to lay off after closing two Massachusetts hospitals. (Becker’s Hospital Review)

Quote: “We are so grateful that the court is holding the state accountable for its facially discriminatory policy that carves out transgender state employees for unequal treatment.”—Simone Chriss, an attorney at Southern Legal Counsel, on a federal judge’s ruling that Florida’s transgender healthcare ban violates state employees’ civil rights (ABC News)

Read: Some patients experienced serious negative side effects in studies for an experimental MDMA treatment and claimed they felt pressure to provide positive results. (the Wall Street Journal)

Career care: Does it feel like your career’s stalling? Join Indeed’s Job Search Academy on Aug. 14 at 12pm ET/11am CT. This live webinar can help you learn more about revamping your role in healthcare.*

*A message from our sponsor.

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