Pfizer considers cost-cutting as demand for COVID-19 products lag; Amazon Clinic aims to provide virtual care for common health concerns; Black patients may find new Alzheimer drugs less effective
Pfizer Contemplates COVID-19 Drug Cost-Cutting Program Due to Low Sales
On Tuesday, Pfizer revealed it is considering implementing a cost-cutting program in response to lower-than-expected demand for its COVID-19 products during the second quarter of 2023, according to Reuters. Sales for the Comirnaty vaccine dropped by 83%, while revenue for the Paxlovid antiviral treatment fell by 98%. Despite the lower performance of COVID-19 products, Pfizer maintains its forecast for annual COVID revenues at approximately $21.5 billion.
Amazon Launches Telehealth Center, Amazon Clinic Expands to All 50 States
Amazon Clinic, an online virtual medical clinic, is now available in all 50 states, as well as Washington, DC, offering telehealth services to consumers through its website and mobile app, according to Fierce Healthcare. The service connects users with licensed clinicians who can diagnose, treat, and prescribe medication for common health concerns. However, it currently only operates on a cash-pay basis without accepting insurance. The expansion comes after quarterly sales for COVID-19 products fell short of Wall Street targets.
Disparities in Alzheimer Treatment Efficacy Emerge
New evidence suggests that groundbreaking treatments for Alzheimer disease, targeting the toxic protein beta amyloid, may have a greater benefit for White Americans than Black Americans due to differences in amyloid levels, according to NBC News. The study found older Black Americans have twice the rate of dementia compared with White peers but were screened out of clinical trials for these drugs at a higher rate. Additionally, the disparity in beta amyloid is leading researchers to explore whether this disease manifests differently in diverse populations and is prompting calls for a better understanding of the disease in underrepresented groups.
Robert F. Kennedy Jr Faces Senate Inquiry Over Deep Cuts to HHS Impacting FDA, CDC, NIH, CMS
April 2nd 2025A bipartisan letter from lawmakers questions the legality of Robert F. Kennedy Jr's HHS changes and the lack of clear communication regarding their potential impact on American health.
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Varied Access: The Pharmacogenetic Testing Coverage Divide
February 18th 2025On this episode of Managed Care Cast, we speak with the author of a study published in the February 2025 issue of The American Journal of Managed Care® to uncover significant differences in coverage decisions for pharmacogenetic tests across major US health insurers.
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How Recent Federal Policy Changes Are Shaping Managed Care Pharmacy
April 2nd 2025Federal legislative and regulatory changes are reshaping pharmacy practice, with key challenges in government funding, pharmacy benefit manager reform, and health care policy shifts—topics explored by experts at the Academy of Managed Care Pharmacy's annual meeting.
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AI in Health Care: Closing the Revenue Cycle Gap
April 1st 2025This commentary explores the current state, challenges, and potential of artificial intelligence (AI) in health care revenue cycle management, emphasizing collaboration, data standardization, and targeted implementation to enhance adoption.
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