President Donald Trump signed an executive order on Monday to boost transparency about healthcare costs. Via the executive order, the Department of Health and Human Services will require hospitals and insurers to disclose the price of services and out-of-pocket costs before procedures. (CNBC)
Federal authorities recorded 33 new cases of measles last week in the U.S. That brings the 2019 total to 1,077, the highest for a full year since 1992. This year’s outbreak has spread to 28 states, though most have occurred in New York State. (Reuters)
Bristol-Myers Squibb’s proposed acquisition of Celgene is set to close later than expected, BMS said on Monday. The completion of the deal is now on track for Q4 2019 or early 2020, instead of the previously anticipated Q3. Shares of both companies were down on Monday on the news. (CNBC)
A judge in Oklahoma approved a revised settlement on Monday of $85 million with Teva Pharmaceutical. The deal resolved claims that the drugmaker contributed to the U.S. opioid epidemic. Before striking the deal, Teva was set to go on trial alongside Johnson & Johnson, which is fighting the case. (Reuters)
The Centers for Disease Control and Prevention are hoping basketball legend turned philanthropist Dikembe Mutombo can block the spread of ebola. Mutombo recorded public service announcements for the federal government that the CDC is hoping TV and radio stations in the Democratic Republic of Congo will rebroadcast. (Associated Press)
