Read today’s Kaiser Health News
In other news:
Characterization of Research Grant Terminations at the National Institutes of Health: Targeted grant terminations have affected more than $1.8 billion in NIH funding. Terminations were spread across nearly all NIH institutes and centers, although cuts disproportionately impacted the NIMHD (30% of all funding).
The proportion of terminated grant funding was higher than the proportion of grants terminated across most institutes and centers, suggesting that larger-than-average grants were more likely to be terminated. Although most terminated grants were classified as independent research projects, 20% were formal training, fellowship, or career development awards. Study findings also demonstrate that grant terminations have affected both public and private recipient institutions across the US.
About pharma
Teva to cut nearly 3000 jobs as shift from pure-play generics picks up pace: Teva plans to cut 8% of its workforce as part of efforts to trim $700 million in costs and achieve its target of reaching a 30% operating profit margin by 2027. The move means that the company's workforce of just over 36,000 will be slashed by around 2900 positions.
About the public’s health
Immunogenicity and Safety of Influenza and COVID-19 Multicomponent Vaccine in Adults ≥50 Years: In this phase 3 study, mRNA-1083 elicited noninferior immune responses against standard care immunization: licensed standard-dose or high-dose seasonal influenza vaccine (A/H1N1, A/H3N2, B/Victoria, B/Yamagata) coadministered with licensed SARS-CoV-2 (Omicron XBB.1.5) vaccine. The multicomponent vaccine mRNA-1083 had an acceptable tolerability and safety profile.
About healthcare personnel
Physician Flash Report: Key Takeaways
• Two out of five providers in physician practices are advanced practice providers (APPs). The gap between APPs and physicians continues to close and is driven primarily by surgical and primary care.
• Subsidies for surgical specialties continue to grow. Physician practices must carefully consider site of service, which impacts revenue and margin.
• Provider compensation is growing slowly. Physician practices should consider retention strategies to keep talent in today’s highly competitive marketplace for physicians and clinicians.