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Feds charge 138, including doctors, with $1.4 billion in health-care fraud involving telemedicine, Covid, opioids
AndreyPopov | iStock | Getty Images The Department of Justice on Friday announced criminal charges against 42 medical professionals and nearly 100 other people for alleged health-care fraud that involved about $1.4 billion in suspected losses. The cases charged include ones that involved the use of telemedicine services as part of the fraud, which alone […]
Walgreens revenue rises despite sharp decline in demand for Covid tests, vaccines
A man walks near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Walgreens Boots Alliance on Tuesday said its quarterly profit declined more than 20%, driven by sharply lower Covid vaccine volumes and test sales compared to last winter, when the Covid Omicron variant […]
China could reopen in March, but zero-Covid has shaken confidence in supply chains, economist says
While Chinese authorities could gradually unwind restrictions in March, zero-Covid policies are starting to hurt global confidence in the country’s industrial supply chains, said Li Daokui, Mansfield Freeman professor of economics at China’s Tsinghua University. In the short term, supply chains will be largely unaffected since factories are still operating even if consumption is lower […]