Mayo Clinic Q2 profit plummets under COVID-19 strain, but still in the black

Dive Brief: The Mayo Clinic saw a nearly 6.1% drop in revenue during the second quarter ending June 30, with much of that decline attributed to the COVID-19 pandemic. Revenue at the Midwest division, where it is headquartered, was down more than 10%. While the Rochester, Minnesota-based nonprofit did post a $ 154 million operating profit… Read More »

How to read between the lines of the healthcare data blocking debate

About a year ago, the Department of Health and Human Services first proposed rules to promote sharing and the interoperability of health data to enable patients to electronically access their health information. Many of the top industry players submitted commentary to The Office of the National Coordinator for Health Information Technology and the Centers for… Read More »

GlaxoSmithKline could cut up to 60 workers at U.K. site as it ends production of antibiotic chemical

GlaxoSmithKline has reportedly worked in recent months to shake up its antibiotics business after at least one failed attempt to divest products. Now, dozens of GSK employees could wind up on the cutting room floor as the drugmaker shifts away from producing a key antibiotic component.  The British drugmaker will look to trim positions at… Read More »