Ike Swetlitz's profile photo

Ike Swetlitz

Boston

Health Reporter at Bloomberg News

I don't check DM's; contact me here: https://t.co/M1WW3rdoWC Bloomberg @business health reporter in Boston. Previously: @SearchlightNM @statnews

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Articles

  • 1 week ago | bloomberg.com | John Tozzi |Ike Swetlitz

    (Bloomberg) -- Elevance Health Inc. affirmed its profit outlook for the year and said that first-quarter medical cost trends had tracked with expectations — a sharp contrast to a surprise jump in costs called out by rival UnitedHealth Group Inc. “While cost trends in Medicare Advantage remain elevated, the company’s first quarter experience was consistent with its expectations and pricing,” Elevance said in a filing.

  • 1 week ago | bloomberg.com | Ike Swetlitz

    Tim Fisher uses Precision Neuroscience’s brain device while undergoing surgery. (Bloomberg) -- One of the co-founders of Elon Musk’s Neuralink Corp. is building a different kind of brain implant. That device, made by the startup Precision Neuroscience Corp., went in 63-year-old Tim Fisher earlier this month. In an operating room in Philadelphia, a surgeon placed a sliver of film, thinner than a human hair and embedded with over a thousand electrodes, on Fisher’s brain.

  • 1 week ago | news.bloomberglaw.com | Ike Swetlitz

    One of the co-founders of Elon Musk’s Neuralink Corp. is building a different kind of brain implant. That device, made by the startup Precision Neuroscience Corp., went in 63-year-old Tim Fisher earlier this month. In an operating room in Philadelphia, a surgeon placed a sliver of film, thinner than a human hair and embedded with over a thousand electrodes, on Fisher’s brain.

  • 1 week ago | news.bloomberglaw.com | Ike Swetlitz

    One of the co-founders of Elon Musk’s Neuralink Corp. is building a different kind of brain implant. That device, made by the startup Precision Neuroscience Corp., went in 63-year-old Tim Fisher earlier this month. In an operating room in Philadelphia, a surgeon placed a sliver of film, thinner than a human hair and embedded with over a thousand electrodes, on Fisher’s brain.

  • 1 week ago | bloomberg.com | Ike Swetlitz

    Science Corp., a technology company focused on the human brain started by Neuralink Corp. co-founder Max Hodak, has raised over $100 million in a funding round led by Khosla Ventures. “We have a philosophy of investing in companies that are early and make bold bets and can be impactful for the future,” said Shernaz Daver, operating partner and chief marketing officer at Khosla Ventures, in an interview Monday. Daver said that Khosla led the round, but declined to say how much the firm contributed.

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Ike Swetlitz
Ike Swetlitz @ikeswetlitz
12 Sep 24

Major US health insurer Anthem is demanding at least $1 million from health care providers for allegedly improper Ozempic prescriptions. Prescribers deny the allegations, and experts are scratching their heads at Anthem's behavior. Mine for @business: https://t.co/RSJSA8FCDa

Ike Swetlitz
Ike Swetlitz @ikeswetlitz
14 Aug 24

News: @EliLillyandCo sent cease-and-desist letters demanding doctors stop selling and promoting compounded versions of Mounjaro and Zepbound made at state-licensed facilities. My story with @g0ingmad for @business: https://t.co/TSdyjuOkNs

Ike Swetlitz
Ike Swetlitz @ikeswetlitz
30 Jul 24

RT @daveyalba: NEW with @ikeswetlitz: Google’s parent company spent billions on failed health projects. Will healthcare AI be its saving gr…