Morning Briefing
Summaries of health policy coverage from major news organizations
Providers Eager For Amazon To Expand Into Medical Supply Space, Disrupt Prices
Modern Healthcare: Providers Expect Amazon To Lower Medical Supply Prices
Providers welcome a disruptor like Amazon to shake up the medical supply space, and most think the giant e-tailer will deliver lower prices, according to a new survey. Some 62% of 152 CEOs, materials managers, operations directors and other executives said they support Amazon's growing presence in the medical supply sector, according to a Reaction Data survey. Nearly the same amount said the company could deliver medical supplies faster and at a lower price than current medical supply companies. (Kacik, 5/14)
In other health industry news —
Bloomberg: Elliott Says Athenahealth Isn't Engaging In Takeover Talks
Elliott Management Corp. said it has heard nothing from Athenahealth Inc. or its board after proposing on May 7 to acquire the health technology company for $6.46 billion. “Since that time, we have heard nothing from the company beyond its cursory, boilerplate press release,” Jesse Cohn, an Elliott partner and senior portfolio manager, said in a letter to Athenahealth’s board Monday. The New York hedge fund run by billionaire Paul Singer offer would take the company private for $160 a share. (Deveau, 5/14)