Tag: Healthcare Industry

Henry Schein names Frederick Lowery as new CEO | Long Island Business News

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Henry Schein, a provider of healthcare products and services to office-based dental and medical practitioners and headquartered in Melville, has named Frederick Lowery as its new CEO. Lowery, who takes the reins March 2, succeeds Stanley Bergman, who will step down as CEO after 35 years and continue to serve as chairman of the board, helping to ensure a smooth leadership transition.

Lowery brings more than 20 years of healthcare industry experience to Henry Schein, with expertise in scaling complex businesses to achieve long-term growth. Most recently, he served as executive vice president and president of Laboratory Products and BioProduction at Thermo Fisher Scientific.

His background in expanding distribution networks and building businesses around proprietary products aligns with Henry Schein’s business model and positions him to support the company’s ongoing growth and execution of its long-term strategic initiatives, according to the company.

“I am honored to join Henry Schein at such a pivotal moment,” Lowery said in a news release about leading the company.

“This is an organization with immense potential to impact clinicians and patients, given its remarkable reputation for innovation, customer service and partnership,” he added. “I look forward to working with ‘Team Schein’ to build on the strong foundation established by Stan while accelerating value creation.”

Bergman said in the news release that he is “very pleased to welcome Fred to Henry Schein. Beyond his extensive operational experience, he brings a leadership philosophy that reflects the values that have long defined our company.

“Fred understands the critical role we play in supporting dental and medical practitioners, and he is exceptionally well equipped to lead Henry Schein into its next phase of growth,” he added.

“On behalf of the board, I would like to thank Stan for his exceptional leadership and invaluable contributions over more than three decades,” Phil Laskawy, lead director and chair of the Nominating and Governance Committee at Henry Schein, said in the news release.

“After a comprehensive search process, we are confident that Fred is the right successor to honor Henry Schein’s proud heritage,” Laskawy added. “With extensive commercial, logistics and manufacturing expertise, and a focus on customer satisfaction, he has the combination of experience and capabilities necessary to accelerate growth and value creation.”

That sentiment was shared by KKR, which completed a $250 million investment in Henry Schein in May.

“We are excited about our strategic partnership with Henry Schein and look forward to supporting the next chapter of the company’s journey under Fred’s leadership,” Max Lin, board member and vice chair of the Nominating and Governance Committee at Henry Schein and partner at KKR, said in the news release.

“We believe Fred brings a unique combination of healthcare distribution experience, operational best practices and accountable leadership that will accelerate our strategic initiatives and further differentiate Henry Schein as a world-class business,” Lin said.

Prior to joining Thermo Fisher, Lowery served in leadership roles for Maytag Corporation and General Motors. He holds a master’s degree in manufacturing management from Kettering University (formerly General Motors Institute of Engineering and Management) and a bachelor’s degree in mechanical engineering from Tennessee Technological University.

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Adina Genn

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January 12, 2026
Health insurers to provide $75.6M in rebates

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BOSTON — More than 350,000 Massachusetts health care consumers will be receiving rebates from several major private health insurers under a state law requiring them to spend a majority of premiums on medical services.

That’s according to the Healey administration, which recently announced that a review by the state Division of Insurance determined that five of the state’s health insurance carriers had medical loss ratios lower than the required threshold and must return $75.6 million to ratepayers.

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By Christian M. Wade | Statehouse Reporter

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September 2, 2025
How to Look Up the Money Your Doctor Is Getting From Big Pharma

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When doctors take money or gifts from pharmaceutical companies they’re required by law to report that to the U.S. government. But did you know there’s a website where you can look up how much money any doctor in the U.S. has taken from healthcare companies? It’s completely free and run by Medicare.

Evil’s Michael Emerson on Working Opposite a Giant, Hairy, Five-Eyed Demon

A new study from JAMA found that 26 of 28 physicians who had given endorsements to healthcare products on the social media platform X had taken at least one payment from the companies making those products, according to news outlet STAT on Thursday. Incredibly, roughly half of the physicians had published no research related to the topics they were endorsing.

But the website for looking up payments to American doctors isn’t just about endorsements. It covers payments involving research, speaking fees, and a host of other areas where doctors receive payment from companies within the healthcare sector. Doctors are supposed to report any kind of compensation, even if it’s just a cup of coffee while the doctor and a drug company representative discuss the latest medications being released.

The website is called Open Payments and is run by the Centers For Medicare and Medicaid Services. And you can type in the name of any doctor in the country to see their latest data. For example, you can plug in any celebrity doctor and see which companies might be giving them money.

Screenshot: OpenPaymentsData.cms.gov

Take Dr. Drew, a celebrity doctor whose full name is Drew Pinsky, a man who used to be on mainstream TV all the time with shows like Celebrity Rehab With Dr. Drew and Dr. Drew on Call. The most recent data for Pinsky is from 2022 and shows that he made a total of $60,000 in five payments that year from Metuchen Pharmaceuticals. Metuchen owns the rights to Stendra, an erectile dysfunction medication, which Pinsky started promoting in a social media-driven campaign, according to a press release from 2022.

As you can see from the screenshot below, the nature of the payment is listed as, “Compensation for services other than consulting, including serving as faculty or as a speaker at a venue other than a continuing education program.” Pinsky didn’t immediately reply to a message sent through his website on Thursday.

Screenshot: OpenPaymentsData.cms.gov

To be clear, it’s not necessarily wrong or shady when doctors get payments from Big Pharma companies. Firms that develop new drugs and introduce new medical devices are doing important work. But it can be tremendously useful to know who’s getting paid by whom in every aspect of life. As soon as we take money or gifts from someone, it can influence even the most ethical person’s behavior in sometimes subtle ways.

It’s not just celebrity doctors with data available on the Open Payments website. Every doctor in the country is theoretically in the database and you can search your own doctor to find out what kind of money they’re taking from Big Pharma. The Open Payments website also has a video explaining what you can learn by using this tool.

Open Payments Program Overview Video

Frustratingly, not every doctor is diligent about reporting payments they’re receiving from healthcare companies. As STAT’s new article explains, almost half of the 28 physicians in that recent study didn’t report the compensation they’d received for social media endorsements.

Doctors received $12.58 billion in compensation from healthcare companies in 2022, according to the Open Payments website. The site has over 80 million records accounting for $68.44 billion dating back several years.

And, again, none of this is necessarily evidence doctors are doing anything wrong by getting paid. However, the U.S. has the highest healthcare costs in the world while maintaining the lowest life expectancy among all large wealthy countries. It’s reasonable to ask if all the money sloshing around in the healthcare industry is really making any of us better off. Because all of the available evidence suggests it’s actually making us sicker.

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Matt Novak

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May 30, 2024
Castle Connolly Releases Castle Connolly Top Black Doctors 2023
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Press Release
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Feb 22, 2023
NEW YORK, February 22, 2023 (Newswire.com)
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Castle Connolly today announced the release of Castle Connolly Top Black Doctors 2023, the first time it has recognized exceptional black doctors in the Castle Connolly network. There are 114 doctors represented, across 20 states and 45 specialties.

The new distinction is part of Castle Connolly’s Diversity Equity and Inclusion (DEI) Initiative designed to honor top clinicians and enable patients to find Castle Connolly Top Doctors who have shared backgrounds and experiences. As part of this initiative, Castle Connolly surveyed its current Top Doctors (top 7% of physicians in the U.S., all nominated by peers), to share information about their race/ethnicity, gender and sexual identity. Additionally, Castle Connolly has updated its nomination process moving forward to include pertinent questions related to diversity.

“We know that patients want to connect with the best physicians in the country, and they want the best care. But they also might want to connect with physicians who are culturally similar to them,” said Dr. Jacqueline Jones, an associate professor of Clinical Otolaryngology at Weill Cornell Medical Center, managing partner of Park Avenue ENT, member, Castle Connolly Advisory Board and executive sponsor of the DEI Initiative. “That connection can be established on so many different levels – whether it’s by walking into a room and seeing someone who looks like you, or speaks the same language as you do, or having a doctor who understands where you came from and the cultural significance of your illness. Castle Connolly Top Black Doctors was created to honor the importance of this connection.”

A new survey from Everyday Health and Castle Connolly that looks at what patients want most in their doctors showed variations by race. The survey involved 1,001 consumers and 277 healthcare professionals. Almost a third of white patients said their top priority was the ability to listen to questions and concerns, while this was the most important trait for just 20 percent of Black patients. Meanwhile, Black patients were nearly twice as likely as white patients to completely agree that they would be more comfortable and more likely to listen to advice from physicians who shared their race or ethnicity or sexual orientation.

“For patients, having access to a doctor with a similar background or shared experience can improve the quality of care and positively impact health outcomes,” said Steve Leibforth, Managing Director, Castle Connolly. “At Castle Connolly, we are committed to advancing DEI and to promoting and embracing our diversity. We are proud to recognize these leading top black doctors and encourage all consumers to do their research to ensure that they are receiving optimal care.”

All Castle Connolly Top Black Doctors are nominated by their peers, and then the Castle Connolly research team evaluates important criteria to determine who makes the list, including professional qualifications, education, hospital and faculty appointments, research leadership, professional reputation, disciplinary history, interpersonal skills and outcomes data (where available).

In addition to Castle Connolly Top Black Doctors, Castle Connolly will launch other new recognitions in 2023, including:
- Exceptional Women in Medicine (March)
- Top Asian American and Pacific Islander (AAPI) Doctors (May)
- Top LGBTQ+ Doctors (June)
- Top Hispanic/Latin Doctors (September)
About Castle Connolly

With over 30 years’ experience researching, reviewing and selecting Top Doctors, Castle Connolly is a trusted and credible source. In fact, a study published in the Journal of Medical Research found that across several specialties evidence indicates that Castle Connolly’s peer-reviewed directory is methodologically more reliable than sites that just relied on patient reviews when it came to identifying quality care. Our mission is to help people find the best healthcare by connecting patients with best-in-class healthcare providers. For more information, visit https://www.castleconnolly.com.

About Everyday Health Group

The Everyday Health Group is a recognized leader in patient and provider education, attracting an engaged audience of over 76 million health consumers and over 890,000 U.S. practicing physicians and clinicians to its premier health and wellness digital properties. Our mission is to drive better clinical and health outcomes through decision-making informed by highly relevant information, data and analytics. We empower healthcare providers and consumers with trusted content and services delivered through the Everyday Health Group’s world-class brands. Everyday Health Group is a division of Ziff Davis, Inc. (NASDAQ: ZD).

Source: Castle Connolly
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February 22, 2023