Trump to nominate 'star' to lead HHS

EVAN VUCCI  AP

He will be a star for better healthcare and lower drug prices! For those opposed to the path Trump has been taking Health and Human Services, Alex Azar symbolizes yet another attack on the progress made by the Affordable Care Act with his policy preferences aimed at undercutting and reversing numerous ACA's provisions.

Azar worked at Eli Lilly for a decade, including five years as president of its USA affiliate Lilly USA unit, and left the company in January, according to his LinkedIn page. It will be interesting to see if Azar attempts to unravel his personal holdings prior to confirmation hearings, or go the route that Trump and many of his other Cabinet picks have and just ignore the norm of divestiture for public service. "I will vigorously oppose this nomination".

Republicans were supportive with Senate health committee head Lamar Alexander of Tennessee describing Azar as a qualified, experienced nominee. Former George W Bush appointee and industry insider Alex Azar is the most recent swamp creature to emerge from the MAGA train.

The HHS is responsible for advising the President on matters of health, welfare, and income security programmes.

Cohen & Steers Qualityome Realty (RQI) Receives Daily News Impact Score of 0.46
Media headlines about Cohen & Steers Qualityome Realty (NYSE: RQI ) have trended positive on Sunday, Accern reports. Cubist Systematic Strategies LLC acquired a new stake in Cohen & Steers in the second quarter worth $183,000.

Premier, an alliance of approximately 3,900 US hospitals and health systems and roughly 150,000 other providers and organizations, said the organization worked with Azar when he served under the Bush administration During his tenure, the agency worked on some of the early value-based payment models, including the Hospital Quality Improvement Demonstration project. "This is someone who understands the complex system we've built-and the warped channel incentives baked into the system".

Chip Kahn, president and CEO of the Federation of American Hospitals, the national advocacy organization for investor-owned hospitals, made similar comments. With the Alex Azar pick, Donald Trump is choosing someone with experience in both the industry in general and the agency in particular he is meant to lead. HLC President Mary R. Grealy said she believes that once confirmed, Azar will be able to "hit the ground running", and will be help bring a "patient-centered, value-focused approach to healthcare policymaking". "I don't think it's possible to reform the system unless you truly understand this very complicated system we've created", says Adam Fein, president of Pembroke Consulting.

Azar said about joining the company.

As HHS Secretary, Azar will be leading the Administration's efforts to repeal the Affordable Care Act and, among other things, address drug pricing and reimbursement. He also pointed to Eli Lilly raising drug prices by double digits while Azar was an executive at the company.

Related:

Comments

Latest news

OR coast slammed with high winds and surf, power outages
More damage and power outages are being reported throughout the Olympia area as a strong fall storm passes through the region. The National Weather Service in Seattle has issued a High Wind Warning , which is in effect until 9 PM PST this evening.

Jordin Sparks Reveals She Got Married in July, Pregnant With First Child
The 27-year-old former " American Idol " victor secretly married boyfriend Dana Isaiah in July, People magazine reported. Tissues, anyone??? Regardless, the elopement wasn't the only surprise in store for Sparks and Isaiah's loved ones.

Best Known Analyst's Ratings for: Activision Blizzard, Inc. (ATVI)
Swedbank decreased its stake in Activision Blizz ( ATVI ) by 6.15% based on its latest 2017Q2 regulatory filing with the SEC. It is negative, as 20 investors sold SXC shares while 52 reduced holdings. 50 funds opened positions while 88 raised stakes.

Investors ask trade group if Venezuela sovereign debt is in default
Restrictions include a ban on USA entities buying any new Venezuela debt issues - usually a required step in any restructuring. Venezuela's envoy to the UN, Rafael Ramirez, called the meeting "illegal" and a "hostile" act "of interference" by the US.

Tennessee State Player Expelled After Punching Strength Coach on Sideline
Greenstone is charged with keeping players from getting too close to the sideline during games, to avoid a penalty. University officials were informed and as of 10:30 a.m. on Monday the student has been withdrawn from school.

Lidl Now UK's Fastest Growing Supermarket For Fifth Consecutive Period
Sales on spirits may be soaring, but McKevitt said we're garuanteed to see another surge ahead of the Christmas period. United Kingdom grocery sales reportedly increased 3.1 per cent year-on-year, and 1.7 per cent excluding discounters.

Keep your cheap awards that peel - Davido blasts AFRIMA organizers
Although Davido was nominated for AFRIMA, he did not emerge victor in any of the categories. Omo make those ones keep their awards".

Senate Approves Buhari's Request to Borrow $5.5bn to Finance 2017 Budget
The approval followed the adoption of a report by the Senate Committee on Local and Foreign Debts at the plenary on Tuesday. The government intends to spend money on infrastructure projects to diversify the OPEC member's oil-dependent economy.

USA directly supports IS terrorists in Syria - Russian Defense Ministry
The ministry has published photos showing that the armed extremists while they were leaving Abu Kamal for the Syrian-Iraqi border. The town is one of the last "Islamic State" (IS) strongholds in Syria , located on the Euphrates River near Iraq.

Buffalo Wild Wings (BWLD) Receives Takeover Offer From Roark Capital
The restaurant operator reported $1.36 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.57. October 26 investment analysts at Wedbush held the company rating at "In-Line" with a current price target of $115.00.

India lose to Bangladesh, knocked out of U-19 Asia Cup
The defeat meant that Bangladesh and Nepal, from Group A, will join Pakistan and Afghanistan, respectively, in the semi-finals. With one win and two defeats in three matches, India U-19 finished third in Group A - above hosts Malaysia.

Israel deploys missiles two weeks after bombing Gaza lifeline tunnel
A total of 14 terrorists were killed in the aftermath of the tunnel collapse, including two senior Islamic Jihad field commanders. Rafah crossing between Egypt and the Gaza Strip is the enclave's only terminal not controlled by Israel.

Pat McGrath Teams Up With Spotify for 'I'm Obsessed' Campaign
Just in time for the launch of the campaign, Lindemann, 19, will debut her new single "Obsessed", which will be available on Spotify November 17, 2017.

Sun Pharma Q2 profit dives 59%, but beats estimates
Active Pharmaceutical Ingredients (API) business largely meant for captive consumption rose 6 percent to Rs 388 crores. The shares of Sun Pharmaceutical Industries closed today at Rs 526.15 on BSE, down 1.19 per cent from previous close.

China Oct factory output growth slows, retail sales miss expectations
Retail sales data also underwhelmed, with the rate of growth printing at 10% on the year after increasing by 10.3% in the month before.

Other news