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Morning Headlines 3/2/17

March 1, 2017 Headlines No Comments

Trump CMS Pick Gets Second Vote After Tie at Senate Committee

The Senate Finance Committee vote on Seema Verma’s nomination to lead CMS resulted in a 9 to 9 tie Wednesday, requiring a second vote, which will be held Thursday.

Grail Closes Over $900 Million Initial Investment in Series B Financing to Develop Blood Tests to Detect Cancer Early

Life sciences start up Grail raises an unprecedented $900 million Series B funding round to fund the development of an early detection cancer screening blood test.

Trump chooses Pence ally to lead Medicaid

President Trump nominates Brian Neale, ‎executive director at the United States Congress Joint Economic Committee and former health care policy director for Vice President Mike Pence, as the director for Medicaid.

Losses Mount for Obamacare Startup Oscar as Repeal Looms

Health insurances startup Oscar Health, which hoped to profit in the ACA’s individual marketplaces, reports 2016 losses topping $200 million.

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