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CBO finds generic drugs save Medicare $33 billion in 2007

A new government report finds that the use of generic medications saved the Medicare program and its beneficiaries about $33 billion in 2007, The Associated Press/BusinessWeek report. The Congressional Budget Office report "says an additional $14 billion is expected as first-time generics enter the market through 2012. Medicare Part D is Medicare's prescription drug program" (9/15).

18 Sep 2010

Federal health care reform legislation can help removing financial barriers to treat Americans

New government data released today demonstrate the continued, urgent need for more Americans to have access to drug and alcohol addiction treatment, according to an analysis by the Closing the Addiction Treatment Gap (CATG) initiative. If implemented properly, federal health care reform legislation could help remove financial barriers to treatment for millions of Americans.

17 Sep 2010

Democratic candidates spend more on ads against than for health reform

Politico: Democratic candidates are spending three times more — nearly $1 million — in advertising against health reform than for it. "Since the beginning of Congress's August recess, Democratic candidates have poured $930,000 into ads deriding the health overhaul but just $300,000 in pro-reform spots, according to Evan Tracey at Kantar Media."

17 Sep 2010

Waxman says controversial Medicare bidding program for medical equipment should proceed

CQ HealthBeat: "House Energy and Commerce Chairman Henry A. Waxman said Wednesday that a controversial Medicare bidding program that would cut the costs of medical equipment such as wheelchairs and oxygen supplies should go forward under tight scrutiny. Waxman said ... he takes seriously the concerns of suppliers and some patients' groups that service and access to supplies could be undermined by the money-saving program, but said there is no evidence so far of that happening based on limited early tests of the approach."

17 Sep 2010

Ways and Means leaders introduce fraud prevention efforts

The Hill: Leaders of the House Ways and Means Committee have offered a bipartisan bill to allow the Department of Health and Human Services to exclude corporate executives from Medicare if their companies were convicted of fraud. "The bill, introduced by Reps. Pete Stark (D-Calif.) and Wally Herger (R-Calif.), would also give the HHS Office of the Inspector General the ability to exclude parent companies that may be committing fraud through shell companies."

17 Sep 2010

First Edition: September 16, 2010

In his latest Kaiser Health News column, done in collaboration with The New Republic, Jonathan Cohn writes: "It will force a lot of people to pay higher premiums. It will lavish subsidies on the private insurance industry. It will put life-and-death decisions in the hands of bureaucrats. And it will add hundreds of billions of dollars to the federal debt" (Kaiser Health News).

17 Sep 2010

IVF on the rise in Australia: Report

According to a Federal Government report there are now more births via In Vitro Fertilization (IVF) treatment than ever before in Australia. There has been a 45% rise in the number of babies born through IVF and other treatments between 2004-08, according to the Australian Institute of Health and Welfare report released today. In 2008 there were 10,509 babies born through fertility treatments in Australia.

16 Sep 2010

Premier ranks 72 on 2010 InformationWeek 500 list

The Premier healthcare alliance and 26 of its more than 2,400 member hospitals have been named to the 2010 InformationWeek 500, a list of the top technology innovators in the nation. Premier was ranked 72 on the 2010 list, which was revealed last night at the InformationWeek 500 Conference in Dana Point, Calif.

16 Sep 2010

Endoscopic laser spine procedures replace traditional open back surgery

The Bonati Spine Institute, the leading center for the patented Bonati Spine Procedures for minimally invasive laser spine surgery, supports recent studies by highly respected organizations such as the Journal of the America Board of Family Medicine and Consumer Reports reporting an unnecessary growth in tests and treatments targeting back pain.

16 Sep 2010

Generics drugs in Medicare program saved $33 billion in 2007: CBO

New research released today by the Congressional Budget Office (CBO) found that the use of generic medications rather than brand-name medications in Medicare Part D saved beneficiaries and the program about $33 billion in 2007, while an additional $14 billion in savings is expected as first-time generics enter the market through 2012.

16 Sep 2010

DestinationRx analysis shows increase in consumers choosing to enroll in health plans online

DestinationRx, a leading provider of Medicare plan and drug comparison tools, today announced the results of a DestinationRx analysis showing a significant increase in consumers choosing to enroll in health plans online, coupled with a parallel decrease in call center enrollments. An analysis of DestinationRx commercial enrollments shows a 12 percent shift from call center to online enrollment for 2008 to 2009 and an 11 percent shift from 2009 to 2010, for a 23 percent total increase in online enrollments over just two years.

16 Sep 2010

Medicare confronts issues with prescription drug program and medical equipment purchases

Carper wrote to the Centers for Medicare and Medicaid Services on July 29 and requested the agency establish a process to ensure valid identification numbers on reimbursed prescriptions under the Part D program.

16 Sep 2010

Today's Opinions: Health law repeal and Insurance Hikes on minds of Americans

Until Congress or the courts discard ObamaCare's mandates, price controls, and new entitlement spending, there is literally nothing that can arrest this downward spiral of rising costs and deteriorating quality (Michael Cannon, 9/14).

16 Sep 2010

FDA-cleared LaserTouchOne device for chronic and acute pain treatment available without prescription

The American Pain Foundation reports that despite the fact that the majority of the U.S. population looks healthy, statistics tell a different story: Approximately 1 in 3 Americans suffer from chronic pain. This chronic pain could be related to an illness like cancer or rheumatoid arthritis, or a condition such as arthritis, migraine headaches, fibromyalgia or back pain from a car accident.

15 Sep 2010

K-V secures $20 million loan from U.S. Healthcare

K-V Pharmaceutical Company announced today that it has entered into an agreement with U.S. Healthcare I, L.L.C. and U.S. Healthcare II, L.L.C. for a $20 million loan secured by assets of the Company. K-V will utilize the proceeds of the loan for working capital and general operating purposes.

15 Sep 2010

Berwick breaks silence, calling on insurers to join pursuit of 'shared goals'

In his first big speech as President Barack Obama's top Medicare official Donald Berwick Monday called on insurers to join in a "full partnership" with his agency to achieve a health system with lower costs that doesn't withhold care from anyone or risk harming patients, The Associated Press/Washington Post report. The remarks were delivered to a conference hosted by America's Health Insurance Plans. "The choice of the insurance lobby for his speech was unusual since the administration continues to trade verbal potshots with the industry" (Alonso-Zaldivar, 9/13).

15 Sep 2010

Medicare, Social Security grow with baby boomer retirement, joblessness

The Washington Post: Rapid growth in the number of applicants for Social Security disability benefits has soared between 2008 and 2009, threatening the solvency of the program. With an increase of 21 percent in that timeframe, "growth is the sharpest in the 54-year history of the program. It threatens the program's fiscal stability and adds to an administrative backlog that is slowing the flow of benefits to those who need them most." Broad economic problems and a flood of jobless applicants have caused the spike (Fletcher, 9/14).

15 Sep 2010

Today's Opinions: Medicare fixes, health care lawsuits, reporting repeals

And in this political climate, the $210 billion price tag [to fix the physician payment system] will probably prevent a permanent solution this year. However, a longer term, interim fix and a primary care payment differential would be steps in the right direction (Dennis Mayeaux and Lori Parham, 9/13).

15 Sep 2010

First Edition: September 14, 2010

Among today's headlines, Berwick talks, health reform politics continue and coverage of the run up to Sept. 23 - the day several health overhaul provisions take effect - is in full swing.

14 Sep 2010

RNAO endorses 'The Economic Case for Universal Pharmacare'

Registered nurses from across Ontario are throwing their support behind detailed economic analysis in a report that concludes a national pharmacare program would improve equitable access to essential medicines, improve health outcomes and save Canadians up to $10.7 billion.

14 Sep 2010