About Covid-19
U.S. Has Far Higher Covid Death Rate Than Other Wealthy Countries: A quick glance at the graphs gives the obvious reason- our vaccination rates are lower.
Many N95, KN95 masks are fake — 8 tips for spotting the difference: A really useful list to keep in mind.
Cheap, quick, smartphone-based COVID testing kit as accurate as PCR: “US researchers have developed an innovative smartphone-based kit that can test saliva samples for the presence of SARS-CoV-2 and influenza viruses. Early studies have found the cheap system is as accurate as current lab-based testing and significantly faster…
This new testing process is based on a different technology known as loop-mediated isothermal amplification (LAMP), which is similar to PCR in that it identifies viral material through a process of amplifying any DNA present.
However, the novelty of LAMP technology is that it can amplify viral material without the complex temperature cycling required by PCR testing. The main problem with LAMP diagnostics has been over-sensitivity. It is so effective at enhancing viral replication that it often results in high volumes of false-positives…
Alongside solving this false-positive problem the researchers designed a novel smartphone-based system that can be produced for less than US$100. The system has been dubbed smaRT-LAMP (smartphone-based real-time loop-mediated isothermal amplification).
Using just a smartphone, LED lights and a hotplate, the researchers claim saliva samples can deliver accurate results in 25 minutes. The cost of each individual test has been estimated at around $7, significantly less than a lab-based PCR test.”
SARS-CoV-2 Infection and Hospitalization Among Adults Aged ≥18 Years…: From the CDC: “As of January 8, 2022, during Omicron predominance, COVID-19 incidence and hospitalization rates in Los Angeles County among unvaccinated persons were 3.6 and 23.0 times, respectively, those of fully vaccinated persons with a booster, and 2.0 and 5.3 times, respectively, those among fully vaccinated persons without a booster. During both Delta and Omicron predominance, incidence and hospitalization rates were highest among unvaccinated persons and lowest among vaccinated persons with a booster.”
Can a plant-based diet help mitigate Covid-19?: The answer is YES!
”Analyzing data from 592,571 participants, Merino et al. showed that a dietary pattern characterized by healthy plant-based foods was associated with a 9% lower risk of Covid-19 infection and a 41% lower risk of severe Covid-19 [3]. The dietary data from 568 Covid-19 cases and 2316 controls from healthcare workers from six countries (France, Germany, Italy, Spain, UK, USA) with substantial exposure to Covid-19 patients have demonstrated that those following a plant-based diet had a 73% lower risk of moderate-to-severe Covid-19 [4].”
If you can get access (through a university library) to this article, it provides a science-based comparison among products: Nutrient Composition of a Selection of Plant-Based Ground Beef Alternative Products Available in the United States.
Republican governors in West Virginia and Virginia ask CMS to get out of vaccine mandate: “The Republican governors of West Virginia and Virginia wrote to the Biden administration asking to get out of its healthcare worker vaccine mandate due to concerns over staffing shortages.”
UnitedHealth has reprocessed more than 1.6M claims for COVID-19 vaccines: “UnitedHealthcare has reprocessed more than 1.6 million claims for COVID-19 vaccines, reimbursing providers for underpayments that stirred controversy late last year.
In a statement to Congress, Sen. Bob Casey, D-Penn., said that 99.8% of the claims were processed by Jan. 14, with the remaining 2,900 claims expected to be finalized by Feb. 1. The average adjustment per claim was $14.55 for a total of $23.9 million, according to the statement (PDF).”
About health insurance
Humana posts $14M loss in Q4, kick-starts $1B value creation effort: “Humana posted a $14 million loss in the fourth quarter of 2021, according to the insurer's earnings report released Wednesday morning…
Humana said factors impacting its earnings for the quarter include the closure of its acquisition of the remaining shares in Kindred at Home as well as ongoing headwinds related to COVID-19.
Humana brought in $2.9 billion in profit for full-year 2021, down $434 million or 12.9% from its full-year 2020 haul, according to the report. Full-year revenues hit $83.1 billion, up 7.7% from $77.2 billion in 2020.”
DOJ Recovers $5.6B In 2021 For 2nd-Highest FCA Haul: “The U. S. Department of Justice announced Tuesday that it had secured roughly $5. 6 billion in False Claims Act recoveries in 2021, its second-highest FCA haul ever, on the back of billions of dollars in settlements related to the opioid epidemic. The more than $5. 6 billion in FCA judgments and settlements in fiscal year 2021 was up significantly from the $2. 2 billion recovered in 2020, and was the most since the record $6. 2 billion recovered in 2014, according to the DOJ.”
Feds' contract with Pfizer for Paxlovid has some surprises: “The United States is spending about $530 for each 5-day course of Pfizer's COVID-19 pill, Paxlovid. But the contract for the first 10 million doses would allow the government to get a lower price if one of a handful of other wealthy countries gets a better deal on the drug…
The contract [also] includes a buyback clause, meaning that in the event that Paxlovid's emergency use authorization needs to be withdrawn, Pfizer would buy back unexpired treatment courses from the federal government.”
About pharma
Gilead to fork over $1.25B, pay 3% royalty on blockbuster Biktarvy in GSK patent settlement: “…in a Tuesday settlement, the companies are resolving a legal dispute over lucrative patents related to GSK's HIV drug dolutegravir.
Under the settlement, Gilead will make a $1.25 billion payment to GlaxoSmithKline's ViiV Healthcare unit in the first quarter of 2022. In addition, the company will pay a 3% royalty on U.S. sales of the big-selling HIV drug Biktarvy until a GSK patent expires in October 2027. The drug generated $7.26 billion last year.”
Humira rings up $20.7B in 2021, but AbbVie still mum on post-biosimilar expectations: “After falling just short of the $20 billion figure in annual sales for three straight years, AbbVie's Humira finally topped the elusive mark—and did it by a comfortable margin—generating $20.7 billion in revenue last year….
The growth came despite biosimilar competition outside the United States and pandemic effects…
In 2023, Humira will have to compete with nine launches of Humira knockoffs, including six at home from formidable makers such as Amgen, Samsung, Boehringer Ingelheim, Mylan, Novartis and Pfizer.”
New Survey Finds Biosimilars Have Wide Acceptance: “To find out how formularies were managing the changes, AmerisourceBergen/Xcenda surveyed 51 of its managed care network advisors to see how biosimilars were being encouraged, used and covered among health plans, integrated delivery networks (IDNs) and pharmacy benefit managers (PBMs).
Of survey participants, 35% cover all of the available biosimilars and 65% said they cover some products. Most respondents said they saw cost savings after putting them on their formularies.”
Martin Shkreli Settles Class-Action Litigation for $28 Million: “The Federal Trade Commission and seven states sued in January 2020, accusing Vyera — formerly Shkreli’s company Turing — of increasing the price of the anti-parasitic Daraprim by more than 4,000 percent from $17.50 to $750 a pill in 2015. Daraprim treats toxoplasmosis, a potentially fatal parasitic disease for HIV patients and other immunocompromised people.
Earlier this month, a federal judge banned Shkreli from the pharmaceutical industry, ordering him to pay about $65 million he made in the anticompetitive scheme for which he was convicted in 2017.”
U.S. drug firm ex-CEO convicted of steering opioids to 'dirty doctors': “Following two days of deliberations, the jury convicted Doud, 78, of conspiring to distribute illegal narcotics and conspiring to defraud the United States.
Doud could face life in prison on the charge of conspiring to distribute controlled substances.
The case, brought by the Manhattan U.S. Attorney's Office, marks the first time prosecutors have criminally charged a drug distributor and company executives with drug trafficking opioids.”
Researchers label early CAR-T therapy patient ‘cured’ after living a decade without cancer: The article tells the great story of this prolonged leukemia cure using CAR-T therapy. Here is the scientific report.
Gilead saw $5.6B in remdesivir sales last year: “Gilead Sciences reported $27.3 billion in year-end revenue for 2021, anchored by sales of its COVID-19 therapeutic remdesivir, known by the brand name Veklury
Gilead reported $1.4 billion in sales for Veklury in the fourth quarter of 2021, a decrease of about 30 percent from the same quarter in 2020. However, full-year revenue for Veklury hit $5.6 billion in 2021, a 98 percent jump from 2020 revenue.”
About the public’s health
Weekly U.S. Influenza Surveillance Report: From the CDC: “The cumulative hospitalization rate in the FluSurv-NET system is higher than the rate for the entire 2020-2021 season, but lower than the rate seen at this time during the four seasons preceding the COVID-19 pandemic.
CDC estimates that so far this season there have been at least 2 million flu illnesses, 20,000 hospitalizations, and 1,200 deaths from flu.”
Long-acting injectable cabotegravir not cost-effective for HIV PrEP: “While the long-acting injectable form of cabotegravir has shown superior effectiveness for HIV pre-exposure prophylaxis (PrEP), a cost-effectiveness analysis found that the drug is too expensive at its current price compared to the daily oral medication available as a generic.”
Evaluation of Adiposity and Cognitive Function in Adults: “The results of this study suggest that generalized and visceral adipose tissue are associated with reduced cognitive scores, after adjustment for cardiovascular risk factors and vascular brain injury.”
About healthcare IT
VA Needs to Address Data Management Challenges for New System: From the GAO:
”VA’s analyses and GAO’s work indicated that clinicians experienced challenges with the quality of migrated data, including their accessibility, accuracy, and appropriateness. For example, a VA report issued after the initial deployment identified risks to patient safety in the new system related to incomplete data migration. The challenges occurred, in part, because the department did not establish performance measures and goals for migrated data quality.”
Recommendations (with which the VA concurred):
”The Secretary of VA should direct the Deputy Secretary to establish and use performance measures and goals to ensure that the quality of migrated data meets stakeholder needs for accessibility, accuracy, and appropriateness prior to future system deployments. (Recommendation 1)
The Secretary of VA should direct the Deputy Secretary to use a stakeholder register to improve the identification and engagement of all relevant EHRM stakeholders to address their reporting needs. (Recommendation 2)”
Healthcare data breaches hit all-time high in 2021, impacting 45M people: “Cybersecurity breaches hit an all-time high in 2021, exposing a record amount of patients' protected health information (PHI), according to a report from cybersecurity company Critical Insights.
In 2021, 45 million individuals were affected by healthcare attacks, up from 34 million in 2020. That number has tripled in just three years, growing from 14 million in 2018, according to the report, which analyzes breach data reported to the U.S. Department of Health and Human Services (HHS) by healthcare organizations.
The total number of individuals affected increased 32% over 2020, meaning that more records are exposed per breach each year. The total number of breaches only rose 2.4% from 663 in 2020 to 679 in 2021 but still hit historic highs.”
Map of US ransomware attacks (updated daily): Thanks to reader Melinda Harwell from Comparitech.com for sending me this link. It highlights this growing problem.
About health technology
Thermo Fisher revenue climbs 22% for 2021, buoyed by product launches and the year’s biggest buyout: “At the end of a year that saw it pour $24 billion into strategic acquisitions and another $2.5 billion into building out the physical footprint and technical capabilities of its manufacturing plants, the medtech giant saw its annual revenue stretch to $39.21 billion, an increase of 22% compared to 2020’s full-year earnings.
The surge in revenue came in large part from new product launches and sales of Thermo Fisher’s existing offerings, including its COVID-19 diagnostics, which brought in $9.23 billion alone throughout the year. The company’s many acquisitions also chipped in, with 3% of the year’s earnings growth linked to its buyouts.”
About healthcare finance
5 Things Moody’s Is Watching In Healthcare This Year:
” 1. Medicaid redeterminations, ACA competition a negative for insurers… Moody’s noted that insurers will aim to transition the 4 million individuals destined to fall off Medicaid rolls to Affordable Care Act coverage. Analysts expect ACA enrollment to remain high in 2022, but noted that profitability of the exchanges will remain lower than pre-pandemic levels thanks to COVID costs and increased competition. The report said conditions linked to the “long COVID” will cost insurers $22 billion this year.
2. Coverage changes to upset health system finances. Medicaid redeterminations and growth in Medicare will result in lower reimbursement for health systems, which will leave providers more dependent on government funding, the report said. Additionally, the shift to lower-cost sites of care and increased telehealth use will cut revenue. Analysts do not expect emergency department volume to return to pre-pandemic levels…
3. Senior housing to return to pre-pandemic levels by 2023. Moody’s expects occupancy in senior housing facilities to increase up to 6% in 2022 thanks to a drop in number and severity of COVID-19 cases and new treatments. Labor costs will also fall as competition increases among workers who no longer qualify for supplemental unemployment benefits.
4. No medical device mega-deals, but lots of M&A. Moody’s expects the number of medical device megadeals to fall from 2021, when acquisitions worth more than $5 billion reached a record high of 99, according to PwC…
5. No Surprises Act will constrain physician staffing firms’ cash flow. The federal ban on surprise medical bills will hit ER staffing, air ambulance and anesthesiology and radiology providers’ revenue hard, the report said….”