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Technological advances including the widespread use of algorithms make it easier for companies to fix prices without explicitly coordinating, Lina Khan said.
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It’s a big job clearing out so-called “patent thickets” drugmakers create to keep their products’ prices high. But the Federal Trade Commission is giving it a shot.
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Lina Khan, chair of the FTC, says a recent lawsuit is meant to chill the consolidation of medical groups that results in higher prices for consumers. But it may be too late to curb price hikes.
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Two dozen states, from Florida to Washington, have passed laws that allow hospital systems to merge into monopolies, disregarding FTC warnings that such mergers can become difficult to control and may decrease quality of care.
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Industry analysts are skeptical that Federal Trade Commission Chair Lina Khan can win her first fight against a drug industry merger. It will be reviewed by a judge appointed by President Donald Trump.
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The president has directed the FTC to carefully consider health industry mergers that may stymie competition and drive up prices.
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According to authorities, a huge surge in fraud cases targeting seniors and other vulnerable populations affected by the pandemic has been reported.
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Former Orlando Health patients may have to help repay the Centers for Medicare and Medicaid Services after a federal audit discovered the hospital…
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The Federal Trade Commission announced Wednesday that it will approve the sale of the troubled Naples-based hospital chain Health Management Associates if…
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Scam artists are using the public’s confusion over the Affordable Care Act to obtain information and sell phony products through phone and mail, McClatchy…