News

Healthcare

Sensus Posts Record Fourth Quarter, Beats Top and Bottom Line Estimates

Edward Kim | Equities.com |

Sensus posted revenues of $13.0 million, up 156% over the prior year's Q4.


Quest Diagnostics Reports Record Revenue; CEO Stephen Rusckowski To Retire

Edward Kim | Equities.com |

Quest Diagnostics DGX finished a challenging 2021 with a strong fourth quarter that modestly beat analyst estimates.


HHS Inspector General Finds Nursing Home Deaths Up 32% in 2020

AP News | Equities.com |

Deaths among Medicare patients in nursing homes soared by 32% last year, with two devastating spikes eight months apart, a government watchdog reported Tuesday in the most comprehensive look yet at the ravages of COVID-19 among its most vulnerable victims.

The report from the inspector general of the Department of Health and Human Services found that about 4 in 10 Medicare recipients in nursing homes had or likely had COVID-19 in 2020, and that deaths overall jumped by 169,291 from the previous year, before the coronavirus appeared.


Nursing Homes Continue To Face COVID-19 Outbreaks Despite Vaccines

AP News | Equities.com |

Jeannie Wells had hoped that regular visits would resume at her elderly mother’s New York nursing home once all the residents were fully vaccinated against COVID-19.

Around Easter, her wish finally came true, and she was able to hold the 93-year-old’s hand more than a year after bringing her mother to the facility for rehabilitation for a fractured hip and knee.


FDA Recommends That Hospitals and Healthcare Providers Should Stop Reusing N95 Masks Amid Surplus

AP News | Equities.com |

The Biden administration has taken the first step toward ending an emergency exception that allowed hospitals to ration and reuse N95 medical masks, the first line of defense between frontline workers and the deadly coronavirus.

Thousands of medical providers have died in the COVID-19 pandemic, many exposed and infected while caring for patients without adequate protection.


Amazon Expands Virtual Healthcare Service to Other Washington State Employers

Reuters | Equities.com |

Amazon.com Inc is expanding its virtual healthcare service to other Washington state employers starting on Wednesday and to its own employees and other businesses nationwide this summer, the company said in a news release.

Piloted in September 2019 for staff near its Seattle headquarters, “Amazon Care” lets employees video-chat with doctors for diagnoses and referrals. It also facilitates housecalls and drug delivery in greater Seattle, a non-virtual benefit that Amazon said would be available in greater Washington, D.C., and Baltimore in the coming months.


NY Governor Cuomo Faces Growing Calls To Resign From Democratic Lawmakers

Kimberly Redmond | Equities.com |

Following New York Gov. Andrew Cuomo’s refusal to resign after new sexual harassment allegations arose, a growing number of the state’s Democratic lawmakers are questioning his ability to effectively govern the state.

On Sunday, State Senate Majority Leader Andrea Stewart-Cousins called on the Democratic governor to step down, saying the controversies surrounding Cuomo are “drawing away from the business of government.”


NY Governor Cuomo's Aides Interfered With Nursing Home COVID-19 Death Reporting

Kimberly Redmond | Equities.com |

Embattled New York Gov. Andrew Cuomo is facing more allegations over his administration’s handling of nursing home deaths during the COVID-19 pandemic.

According to The Wall Street Journal and The New York Times, Cuomo’s top advisors pushed the state health department to remove data from a public report in July 2020 on those fatalities in order to hide the true number of virus-related deaths.


President Biden Mourns 500,000 Lives Lost to COVID-19

AP News | Equities.com |

With sunset remarks and a national moment of silence, President Joe Biden on Monday confronted head-on the country’s once-unimaginable loss — half a million Americans in the COVID-19 pandemic — as he tried to strike a balance between mourning and hope.

Addressing the “grim, heartbreaking milestone” directly and publicly, Biden stepped to a lectern in the White House Cross Hall, unhooked his face mask and delivered an emotion-filled eulogy for more than 500,000 Americans he said he felt he knew.


US Coronavirus Death Toll Nears Once-Unthinkable Tally of 500,000 People

AP News | Equities.com |

The U.S. stood Sunday at the brink of a once-unthinkable tally: 500,000 people lost to the coronavirus.

A year into the pandemic, the running total of lives lost was about 498,000 — roughly the population of Kansas City, Missouri, and just shy of the size of Atlanta. The figure compiled by Johns Hopkins University surpasses the number of people who died in 2019 of chronic lower respiratory diseases, stroke, Alzheimer’s, flu and pneumonia combined.


Sponsored Financial Content

Market Movers