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By Vince Galloro |
March 12, 2010
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HCA, Nashville, said in a securities filing that it issued $1.4 billion in 10½- year, senior secured notes, or 40% more than the $1 billion in notes it initially proposed to sell when it announced the issue earlier this month. FULL STORY »
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By Gregg Blesch |
March 12, 2010
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Former Virgin Islands hospital CEO Rodney Miller faces a new criminal charge for allegedly attempting to submit a falsified Navy identification card as evidence during a trial at which he was convicted of hiding a bad-conduct discharge when he applied for his job. FULL STORY »
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By Matthew DoBias |
March 12, 2010
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A measure that allows the federal government to make direct loans to students will be paired with the legislation to overhaul the U.S. healthcare system in an effort to both garner additional votes and satisfy the requirements of budgetary reconciliation, House Democrats said after a caucus meeting. FULL STORY »
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By Joseph Conn |
March 12, 2010
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The Certification Commission for Health Information Technology and group purchaser Premier have joined a wave of organizations and individuals filing official public comments on two federal rules governing the meaningful use and certification of EHRs. FULL STORY »
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By the Associated Press |
March 12, 2010
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President Barack Obama is postponing his long-scheduled Asian trip for a few days to make a final push for passage of historic legislation reinventing the healthcare system. FULL STORY »
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By Gregg Blesch |
March 11, 2010
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A jury in Harris County, Texas, rejected antitrust claims leveled against Memorial Hermann Healthcare System by a group of physicians whose competing hospital in Houston failed in 2007. FULL STORY »
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By Jessica Zigmond |
March 11, 2010
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Behavioral healthcare provider Psychiatric Solutions said it has been approached about a possible sale of the company. As a result, the Franklin, Tenn.-based company has formed a special committee of the board of directors to consider possible responses. Also, Psychiatric Solutions said it has retained Goldman, Sachs & Co. and Shearman & Sterling as its financial and legal advisers, respectively. FULL STORY »
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By Shawn Rhea |
March 11, 2010
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The U.S. Food and Drug Administration and the Canadian regulatory agency Health Canada have each approved the importation of molybdenum-99 from the Warsaw, Poland-based Maria Research Reactor for use in producing the imaging isotope technetium-99, according to a news release. FULL STORY »
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By Jennifer Lubell |
March 11, 2010
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The Senate's sweeping health reform bill would cost $875 billion and reduce the deficit by $118 billion over 10 years, according to revised estimates released by the Congressional Budget Office. FULL STORY »
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By Rebecca Vesely |
March 11, 2010
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Virginia lawmakers have passed legislation that aims to thwart any federal requirement that individuals buy health insurance. FULL STORY »
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By Gregg Blesch |
March 11, 2010
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The U.S. attorney's office in Boston has asked Medtronic to turn over documents in a False Claims Act investigation into the relationship between the company's CoreValve division and cardiologists with the Lahey Clinic in Burlington, Mass. FULL STORY »
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By Associated Press |
March 11, 2010
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Medical device maker Medtronic says federal prosecutors are investigating its relationship with cardiologists at a hospital in Massachusetts. FULL STORY »
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By Andis Robeznieks |
March 10, 2010
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Medical schools are not doing an adequate job of teaching “basic knowledge and the development of skills required for the provision of safe patient care,” according to “Unmet Needs: Teaching Physicians to Provide Safe Patient Care,” a report issued by the National Patient Safety Foundation's Lucian Leape Institute. FULL STORY »
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By the Associated Press |
March 10, 2010
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President Barack Obama says Washington for too long has accepted billions of dollars in healthcare fraud and abuse as simply the cost of doing business. He says that must end. FULL STORY »
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By Vince Galloro |
March 10, 2010
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Jewish Hospital & St. Mary’s HealthCare, Louisville, Ky., said it is eliminating 500 full-time-equivalent positions out of a workforce of 8,100 full-time equivalents, a 6% reduction that includes 250 layoffs. FULL STORY »
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By Jennifer Lubell |
March 10, 2010
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Free Access
The Senate voted 62-36 to approve a $138 billion bill that would temporarily prevent Medicare payment cuts to doctors as well as extend federal Medicaid assistance and COBRA premium subsidies. FULL STORY »
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By Jennifer Lubell |
March 10, 2010
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HHS Secretary Kathleen Sebelius challenged the insurance industry to put aside its misgivings about pending healthcare reform legislation and work with the Obama administration to improve upon the current system. FULL STORY »
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By Melanie Evans |
March 10, 2010
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The University of Connecticut Health Center would expand and renovate its John Dempsey Hospital under a proposed network between the academic medical center and other Connecticut hospitals and health systems. FULL STORY »
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By Gregg Blesch |
March 10, 2010
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President Barack Obama plans to announce an expansion of payment recapture audits to fight waste and abuse in Medicare, Medicaid and other government programs. FULL STORY »
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By Jessica Zigmond |
March 10, 2010
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Although costs vary by location, the current average hourly rate for a home health aide is $20.50, which is about a 2.5% increase from 2009, according to a preliminary report from the American Association for Long-Term Care Insurance. FULL STORY »
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By the Associated Press |
March 09, 2010
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Abbott Laboratories says it will buy Facet Biotech for about $450 million in cash, expanding the company's access to biotechnology drugs, including a potential treatment for multiple sclerosis. FULL STORY »
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By Gregg Blesch |
March 09, 2010
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Rush University Medical Center agreed to pay $1.5 million to resolve allegations that the 681-bed teaching hospital entered into prohibited lease arrangements for office space provided to two physicians and three practices, the U.S. Justice Department announced. FULL STORY »
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By Shawn Rhea |
March 09, 2010
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Less than a third of medication studies published in top journals provide comparative-effectiveness findings that help doctors choose the best treatments for their patients, and studies that do focus on comparing available treatments are limited in their scope, according to a study published in the March 10 issue of the Journal of the American Medical Association. FULL STORY »
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By Melanie Evans |
March 09, 2010
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The American Hospital Association and state health finance authorities urged House and Senate finance committee leaders to make permanent two temporary stimulus-law incentives that encourage banks to give tax-exempt loans. FULL STORY »
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By Jennifer Lubell |
March 09, 2010
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Creating jobs takes precedence over healthcare reform, Sen. Scott Brown (R-Mass.) said during a presentation at the National Association of Health Underwriters' annual Capitol conference. FULL STORY »
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