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Medicaid is the United States health program for eligible individuals and families with low incomes and resources. It is a means-tested program that is jointly funded by the states and federal government, and is managed by the states.

PTNS performed using Urgent PC Neuromodulation System to receive category 1 CPT reimbursement code

Uroplasty, Inc., a medical device company that develops, manufactures and markets innovative proprietary products to treat voiding dysfunctions, announced today that it has been informed that percutaneous tibial nerve stimulation (PTNS), the procedure performed using the Uroplasty Urgent PC Neuromodulation System, will receive a category 1 CPT reimbursement code. This is expected to occur when those codes are published by the Centers for Medicare and Medicaid Services, which is expected in October 2010.

6 May 2010

MRO releases software upgrades for Audit Tracker Online

MRO Corp., a leading provider of disclosure management applications and services for healthcare organizations, today announced the launch of software upgrades for Audit Tracker Online. The upgrades to MRO's request management program offer hospitals and health systems enhanced performance and functionality in effectively managing payer audits and denials from initial medical records request through appeals and payment resolution.

6 May 2010

Round-up: Minnesota budget news; Coverage expansions in S.D. and Oregon; and states' opposition to federal health reform

The Minnesota House passed a bill on health care Tuesday that readies the state for implementing the federal health care overhaul and makes $170 million in cuts to mental health and other social programs, The (St. Paul, Minn.) Pioneer Press reports. Gov. Tim Pawlenty has promised to veto the bill over what he sees as a tax increase.

6 May 2010

Three more people plead guilty in Onward durable medical equipment Medicare fraud scheme

Houston-area residents Basil Kalu and Ju-Ying Qian, and Louisiana resident Darnell Willis pleaded guilty today in connection with their roles in a durable medical equipment Medicare fraud scheme, the Departments of Justice and Health and Human Services (HHS) announced.

6 May 2010

Premier healthcare alliance to host series of Healthcare Reform Executive Briefings

To prepare healthcare providers for the strategic implications of reform and the tools needed for future success, the Premier healthcare alliance will host a series of Healthcare Reform Executive Briefings.

6 May 2010

Urgent changes needed to ‘prep’ doctors to care for aging America

Leading physician policy experts are calling for changes in medical education policy at multiple levels to ensure that doctors are prepared to treat the country's aging adult population.

6 May 2010

States face Medicaid losses, low-income patients struggle to find lasting health care sources

"Until now, stimulus money spared governors and state lawmakers from making some of the most brutal budget cuts. But with this lifeline running out, officials are looking at making significant cutbacks to public services, particularly schools and health programs.

6 May 2010

WWP applauds President Obama for signing new law to care for wounded warriors

Wounded Warrior Project applauds President Obama for signing into law a measure that, for the first time, will ensure that families of veterans severely wounded in Iraq and Afghanistan receive comprehensive, coordinated financial and other support that will enable them to provide these warriors with needed home-care.

6 May 2010

Experts propose policy solutions to help the U.S. prepare for increasing number of geriatric patients

Leading physician policy experts are calling for changes in medical education policy at multiple levels to ensure that doctors are prepared to treat the country's aging adult population.

6 May 2010

Watson Laboratories files raloxifene hydrochloride tablet ANDA

Watson Pharmaceuticals, Inc. today confirmed that its subsidiary, Watson Laboratories, Inc. filed an Abbreviated New Drug Application (ANDA) with the U.S. Food and Drug Administration (FDA) seeking approval to market a raloxifene hydrochloride tablet. Watson's raloxifene hydrochloride tablet is a generic version of Eli Lilly's EVISTA®.

6 May 2010

Triple-S Management first-quarter total consolidated operating revenues increase 9.8% to $519.1 million

Triple-S Management Corporation, the largest managed care company in Puerto Rico, today announced consolidated operating revenues of $519.1 million and operating income of $16.4 million for the three months ended March 31, 2010. Net income of $11.2 million, or $0.38 per diluted share, includes an after tax net gain of $0.4 million, or $0.01 per share, in net realized and unrealized gains on investments and derivatives.

5 May 2010

WellCare reports GAAP net income of $6.4 million for first-quarter 2010

WellCare Health Plans, Inc. today reported results for the first quarter ended March 31, 2010. As determined under generally accepted accounting principles, the Company reported net income of $6.4 million, or $0.15 per diluted share, compared with a net loss of $36.9 million, or $0.89 per diluted share, for the prior year period. Adjusted net income for the first quarter of 2010 was $7.4 million, or $0.17 per diluted share, as compared with $12.3 million, or $0.29 per diluted share, for the same period in 2009.

5 May 2010

Pay-for-performance may create unintended financial incentives for doctors to discriminate against obese patients

Pay-for-performance reimbursement models may create unintended financial incentives for doctors to discriminate against obese patients, measuring a patient's waist circumference may be more effective in predicting surgical outcomes than the more traditional body mass index measure, and childhood obesity doubles the risk of developing colon cancer, according to data being presented at Digestive Disease Week- 2010.

5 May 2010

Pfizer's first-quarter 2010 revenues increase 54% to $16.8 billion

Pfizer Inc. today reported financial results for first-quarter 2010. Since the acquisition of Wyeth was completed on October 15, 2009, legacy Wyeth operations are reflected in first-quarter 2010 results, but not in first-quarter 2009 results. First-quarter 2010 revenues were $16.8 billion, an increase of 54% compared with $10.9 billion in the year-ago quarter.

5 May 2010

Health Net reports net earnings of $16.1M in 2010 first quarter

Health Net, Inc. today announced 2010 first quarter GAAP net income of $16.1 million, or $0.16 per diluted share, compared with $22.0 million, or $0.21 per diluted share, for the first quarter of 2009.

5 May 2010

States rely on federal funds to buttress Medicaid programs; Worry about the future

Late last year, when Congress' willingness to pass an enormous health care bill still was very much in doubt, states had a more modest goal that should have been easier to achieve. They wanted Congress to pass a 6-month extension of the part of the economic stimulus program that is helping to pay for their Medicaid programs.

5 May 2010

Health IT Roundup: Many obstacles, much promise

The Boston Globe: There is a lingering "professional resistance to electronic records systems that computerization advocates say threatens the goals of the new health care overhaul law. These advocates argue that using computers to track what care patients receive, for instance, is vital to deciding what medications and treatments work best."

5 May 2010

Kindred Healthcare first-quarter consolidated revenues increase 2% to $1.1 billion

Kindred Healthcare, Inc. today announced its operating results for the first quarter ended March 31, 2010. All financial and statistical information included in this press release reflects the continuing operations of the Company's businesses for all periods presented unless otherwise indicated.

5 May 2010

Most women pay for abortions out of pocket; Okla. and Fla. abortion restrictions in the news

"Most women getting abortions pay for them out of their own pockets, with private insurers picking up the cost for just 12%, according to a new survey" from the Guttmacher Institute. The Journal adds that abortion coverage was "a flash point" in the health reform debate, "with abortion opponents seeking to block plans that include abortions from the new federally mandated insurance exchanges set to launch in 2014."

5 May 2010

Bristol-Myers Squibb board authorizes common stock repurchase program

Bristol-Myers Squibb Company today announced its Board of Directors has authorized the repurchase of up to $3 billion of its common stock.

5 May 2010

Medicaid News and Research

PTNS performed using Urgent PC Neuromodulation System to receive category 1 CPT reimbursement code

MRO releases software upgrades for Audit Tracker Online

Round-up: Minnesota budget news; Coverage expansions in S.D. and Oregon; and states' opposition to federal health reform

Three more people plead guilty in Onward durable medical equipment Medicare fraud scheme

Premier healthcare alliance to host series of Healthcare Reform Executive Briefings

Urgent changes needed to ‘prep’ doctors to care for aging America

States face Medicaid losses, low-income patients struggle to find lasting health care sources

WWP applauds President Obama for signing new law to care for wounded warriors

Experts propose policy solutions to help the U.S. prepare for increasing number of geriatric patients

Watson Laboratories files raloxifene hydrochloride tablet ANDA

Triple-S Management first-quarter total consolidated operating revenues increase 9.8% to $519.1 million

WellCare reports GAAP net income of $6.4 million for first-quarter 2010

Pay-for-performance may create unintended financial incentives for doctors to discriminate against obese patients

Pfizer's first-quarter 2010 revenues increase 54% to $16.8 billion

Health Net reports net earnings of $16.1M in 2010 first quarter

States rely on federal funds to buttress Medicaid programs; Worry about the future

Health IT Roundup: Many obstacles, much promise

Kindred Healthcare first-quarter consolidated revenues increase 2% to $1.1 billion

Most women pay for abortions out of pocket; Okla. and Fla. abortion restrictions in the news

Bristol-Myers Squibb board authorizes common stock repurchase program

Expanding access to NMR with the Fourier 80 Duo

Advancing Intracellular Delivery with LumiPore®

How ELRIG Is Helping Mid-Career Scientists Navigate Leadership, Career Change and Redundancy

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