STAT INVESTIGATION
After care of acquisitions: A STAT investigation
Almost 10 years after UnitedHealth bought ProHealth Physicians, the primary care network is a shell of its former self. Doctors are retiring earlier than they planned, or leaving for competing practices. Patients with serious medical conditions struggle to make appointments, while others complain of mysterious diagnoses popping up in their charts.
Disillusioned, many patients are leaving, as my colleagues report in the latest installment of their deep dive on UnitedHealth's seismic growth, aggressive business model, and impact on the health care industry.
The STAT team examined the aftermath of UnitedHealth's acquisition of ProHealth to understand the human cost, on physicians and patients, of the conglomerate's strategy of gobbling up physician practices nationwide. The health care colossus has brought roughly 90,000 physicians under its control over the past 20 years — 1 in 10 U.S. doctors — and has leveraged those physicians, as well as its position as the largest Medicare Advantage insurer, to maximize profits. Dive into the saga with Lizzy Lawrence, Casey Ross, Bob Herman and Tara Bannow. And don't miss parts one and two of the series.
eye on fda
The Ozempic shortage is working for Hims. What happens when it ends?
Hims & Hers, one of the largest publicly traded telehealth companies in the country, has supercharged its business in the last several months by offering compounded versions of the patented weight loss drugs known as GLP-1s. It's staking its future on the drugs, with plans to continue selling compounded GLP-1s even when shortages of the versions approved by regulators come to an end — a strategy that policy experts say could land the company in court, Katie Palmer and Nick Florko write.
The problem: Compounders are allowed to sell versions of FDA-approved drugs when those drugs are in shortage. That has regularly been the case lately with GLP-1 drugs marketed by Novo Nordisk and Eli Lilly. But legal challenges from GLP-1 manufacturers Lilly and Novo, or a crackdown by the FDA, could bring the party to an end — with implications for a slew of telehealth companies that have built their business on the high-demand diabetes and obesity medications, and the patients who have flooded online to access them.
Hims' plan to continue selling compounded GLP-1s turns on several highly technical FDA guidelines spawned in 2012. More from Katie and Nick.
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