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Morning Read: Theranos set to host fundraiser for Hillary Clinton

Also, Blueprint Medicines Corp. partnered with Roche to discover, develop and commercialize up to five small molecules targeting undisclosed kinases.

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TOP STORIES

Theranos is apparently hosting a fundraiser for presidential candidate Hillary Clinton next week. Is this good news for Hillary or potentially a bad move for both?

“Today’s narrative about Theranos is that the company has focused more on its political relationships than on its core business, and that doing so created a hype that far exceeds the true value of the company’s products,” said Robert M. Wachter, interim chairman of the department of medicine at the University of California, San Francisco. — STAT

LIFE SCIENCES

Blueprint Medicines Corp. partnered with Roche to discover, develop and commercialize up to five small molecules targeting undisclosed kinases that the companies said are “believed to be important in cancer immunotherapy.” — BioCentury

Abbott said that an independent FDA review panel voted 9 to 0, with one abstention, in support of its Absorb bioresorbable drug eluting coronary stent, determining that the benefits of the stent outweighed the risks. — Mass Device

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Boston Scientific is putting more money into a partnership with the Mayo Clinic and starting human testing on two new devices that could help thousands of cardiovascular patients, saying it’s thanks to the two-year suspension of the medical device tax. — Boston Business Journal

PAYERS-PROVIDERS

Thirty-four healthcare organizations called on the Centers for Medicare & Medicaid Services to act quickly and adopt a 90-day reporting period in 2016 for the Meaningful Use program. — CHIME

Some people just don’t know how to be decent, even when in healthcare. Albert Ades, MD, of Englewood, N.J., has reportedly been sentenced to 37 months in prison for defrauding Medicare, Medicaid and private payers of $280,000 by submitting claims for office visits that never occurred, according to the Department of Justice. — Becker’s Hospital Review

The chairman of the Senate Judiciary Committee is asking the U.S. Justice Department for information about how aggressively it pursues elder abuse in nursing homes, particularly cases in which workers share degrading photos or videos of residents on social media. — ProPublica

TECH

Mad*Pow, a design agency with a specialization in healthcare design, has announced an agreement to acquire gamified exercise app HotSeat from context, the communications consulting firm owned by app creator Fran Melmed. — MobiHealthNews

UCSF Diabetes Center has announced a partnership with mobile-enabled health coaching company Yes Health to use the company’s app user data for research. — MobiHealthNews

POLITICS

The Centers for Disease Control and Prevention (CDC) on Tuesday released new guidelines for prescribing opioids, a long-awaited step aimed at curbing the nation’s drug abuse epidemic. — The Hill

The District of Columbia Department of Health recently issued proposed rules that, if enacted, would constitute the first regulations on telemedicine practice standards in the nation’s capital. Here’s a look at the potential rules. — HealthcareLawToday

A LITTLE BIT EXTRA

President Barack Obama plans to announce his nominee for the Supreme Court in a Rose Garden event at 11 a.m. today.  — Politico