Hospitals say Valeant may be blowing off the government more than we thought (vrx)
|09/16/2016||Posted by BusinessMediaguide.Com under General World News||
The reporters over at Bloomberg reached out to 23 hospital systems and purchasing groups from the country’s biggest hospitals to ask them if Valeant Pharmaceuticals is keeping a promise it made to Congress a few months ago.
The short answer is — mostly no.
In a hearing, executives from the company along with board member and billionaire investor Bill Ackman promised to lower the price of two heart drugs — Nitropress and Isuprel — by 30%.
Bloomberg wanted to know if that had happened. Of the 23 the entities Bloomberg contacted, only one said it was getting the discounts it negotiated with read more >>>