TOM MURPHY

November 12, 2018 at 6:03 am

Athenahealth fetches $5.7 billion cash buyout offer

Athenahealth shares soared Monday after the struggling medical billing software maker received a $5.7 billion cash buyout offer. Veritas Capital and Evergreen Coast Capital plan...

• Business

November 6, 2018 at 4:25 am

CVS Health tops 3Q earnings forecasts, backs 2018 outlook

More prescriptions and lower taxes pushed CVS Health past third-quarter expectations as the pharmacy giant closed in on a deal it will use to change...

• Business

October 28, 2018 at 6:53 am

Shoppers may face hard choices again on health marketplaces

Health insurers have stopped fleeing the Affordable Care Act's marketplaces and they've toned down premium hikes. But the market will still be far from ideal...

• Business

October 3, 2018 at 7:01 am

Companies continue to pass more health-care costs to U.S. workers, survey finds

More companies are making workers pay, or pay more, before insurance starts covering most care, according to a new survey Wednesday by the Kaiser Family...

• Business

October 1, 2018 at 4:49 am

Drugmaker Pfizer’s CEO Read to be replaced by COO Bourla

TRENTON, N.J. (AP) — The biggest U.S.-based drugmaker will change leaders in January when Pfizer Chief Operating Officer Albert Bourla replaces CEO Ian Read, who...

• Business

September 27, 2018 at 5:19 am

Board reshuffle at Rite Aid after 2 failed merger attempts

After two failed buyout attempts that could have put it in a better position to compete against larger rivals, Rite Aid is shuffling its board...

• Business

August 9, 2018 at 2:51 am

Merger cancellation pushes Rite Aid into uncertain future

Rite Aid shares plunged Thursday as the company headed into an uncertain future after calling off its merger with the grocer Albertsons. Analysts and retail...

• Business

August 8, 2018 at 4:54 am

CVS Health tops 2Q forecasts, downplays help from rebates

CVS Health detailed a better-than-expected second quarter Wednesday and then reassured investors that it doesn't depend heavily on much-criticized prescription drug rebates that regulators may...

• Business

August 7, 2018 at 3:39 am

Icahn warns Cigna investors on Express Scripts deal

Carl Icahn is urging Cigna shareholders to reject the health insurer's attempted multi-billion dollar takeover of Express Scripts, saying it's paying too much for a...

• Business

August 6, 2018 at 7:14 am

Rite Aid cuts fiscal 2019 forecast with buyout vote looming

Rite Aid is chopping its annual earnings forecast three days before its shareholders vote on whether to approve the sale of the company. Shares of...

• Business