U.S. Medicare price cuts of up to 85% will have a lesser impact on drugmakers than initially feared, with most of the hit already reflected in forecasts, Wall Street analysts said.

Medicare is about to flex new negotiating power, and 15 pricey drugs are first in line for cuts that start in 2027. I break ...

The Centers for Medicare and Medicaid Services on Tuesday announced lower prices on 15 costly prescription drugs under Medicare, including Ozempic and Wegovy. The price cuts come through the Medicare ...

Lab testing companies including giants Quest Diagnostics and LabCorp are pressing Congress to stop hundreds of millions of dollars of Medicare cuts for diagnostic tests that are due to take effect at ...

CMS proposes $1.13 billion Medicare cut for 2026, threatening rural access Idaho faces combined 8% Medicare and 4% Medicaid cuts harming workforce Cuts will drive higher hospital admissions, ...