Pro Medicus share price eclipses 52-week high on fresh $20 million contract fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.
Biotech stocks got crushed in the first half of the year as a risk-off sentiment emerged and the growthiest segments of the market were punished, but have rebounded in recent months, with some companies posting highly impressive gains.
Hospitals Raise $95 Million To Use Patient Data To Improve Medical Treatments forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
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Welcome to the latest edition of Investigative Roundup, highlighting some of the best investigative reporting on healthcare each week.
Big Healthcare Companies Paid No Income Taxes
Three healthcare entities Community Health Systems, Dexcom, and Hologic reported receiving federal rebates in 2020 rather than making a net payment of federal corporate income taxes, according to a report published by the Institute on Taxation and Economic Policy (ITEP).
These companies were among at least 55 large American firms that did not report net tax payments last year, ITEP found. And it s not a new phenomenon: This continues a decades-long trend of corporate tax avoidance by the biggest U.S. corporations, and it appears to be the product of long-standing tax breaks preserved or expanded by the 2017 Tax Cuts and Jobs Act (TCJA) as well as the CARES Act tax breaks enacted in the spring of 2020, the report said.