Tag Archives: Companies

Alphabet-backed One Medical files for IPO as money-losing tech companies struggle on public market

Amir Rubin, new CEO of One Medical One Medical One Medical, a chain of primary care clinics that touts a “technology-powered model” and has raised money from Alphabet, just filed to go public on the Nasdaq.  Founded in 2007, One Medical provides care at facilities in nine metropolitan markets throughout the country, with three more on… Read More »

Drug Companies Are Focusing on the Poor After Decades of Ignoring Them

Twenty years ago, thousands of Africans died of AIDS each day as pharmaceutical companies looked on, murmuring sympathy but claiming that they could not afford to cut the prices of their $ 15,000-a-year H.I.V. drugs. It’s hard to imagine such a nightmare unfolding today. Vast changes have swept the drug industry over the last two… Read More »

US companies are expected to spend 6% more on health care next year as drug prices rise

A pharmacist fills out prescription in New York City. Yvonne Hemsey | Hulton Archive | Getty Images The presidential hopefuls aren’t the only ones eyeing health-care issues for 2020. Large employers are putting together benefit plans for next year, and they are expecting the rise in employee health costs to hit a four-year high, in… Read More »