BIS News and Press, ProShares UltraShort Nasdaq Biotechnology From 03/07/19

The Trump administration is reaching out to the medical industry for feedback on requiring hospitals, doctors and other healthcare providers to publicly disclose the heretofore confidential prices they charge insurers for services, a move than would upend the industry (at least for awhile)...

FDA Commissioner Scott Gottlieb, M.D., who, by most accounts, was doing a bang-up job revitalizing the agency, has resigned (effective in about a month) to spend more time with his family. He continued to live in Westport, CT with his wife and three children while commuting to Washington, ...

According to the Centers for Medicare & Medicaid Services (CMS), U.S. healthcare spending is expected to rise 5.5% each year over the next decade, reaching ~$6T by 2027 (19.4% of GDP). More news on: ProShares Ultra Nasdaq Biotechnology ETF, The Gabelli Healthcare & Wellness Rx Tr...