At buzzy health care business conference, investors fear the bubble will burst

  • 📰 NPRHealth
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

JPMorgan's cheery confab returned to San Francisco, but the health care capitalists had economic anxiety, too.

The Westin St. Francis San Francisco on Union Square hotel hosted this year's JPMorgan Healthcare Conference — the first since the onset of the coronavirus pandemic. The Westin St. Francis San Francisco on Union Square hotel hosted this year's JPMorgan Healthcare Conference — the first since the onset of the coronavirus pandemic. annual health care confab, at the gilded Westin St. Francis hotel on Union Square.

The buzzy conference had just as many words about profits as about patients. The mostly maskless crowd spoke English, French, Japanese — and, of course, money.Besides the corporate and investment types, attendees routinely saw surprising characters — like celebrity doctor Mehmet Oz, fresh off his Senate loss, holding court in the lobby on Jan. 10.

The conference started with a sidewalk protest of pharmaceutical company Gilead Sciences, whose drugs combating HIV and hepatitis C are fabulously effective — and fabulously expensive. During the pandemic, Congress for the first time has set up a plan to allow Medicare to negotiate U.S. drug prices, which are by far the highest in the world. In a statement, company spokesperson

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Hate to see rich people tinged 😩

Thanks to JP Morgan for highlighting that corporate-provided, profit-driven healthcare is a perfect example of why we need Universal Healthcare in our Country. Medicare works! Medicare for All will work for all Americans!

Isn’t “economic anxiety” just the urge to say racist stuff?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 144. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Luxury beauty brand Tatcha relocates its S.F. headquarters to Union Square - San Francisco Business TimesThe deal, while small, represents a slight expansion for the beauty brand, which was said to be struggling with quality-of-life issues in its previous location.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Livongo veteran Jennifer Schneider targets rural health with startup Homeward Health - San Francisco Business TimesHow Jennifer Schneider's former high school basketball coach helped her see what she hopes is a slam-dunk for changing the way rural health care is delivered.
Source: SFBusinessTimes - 🏆 78. / 68 Read more »