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CMS releases WellCare Health Plans from the previously disclosed sanctions

WellCare Health Plans, Inc. today announced that the Centers for Medicare & Medicaid Services (“CMS”) released the Company from the previously disclosed sanctions, except as noted below. The Company will resume marketing its Medicare Prescription Drug Plans and Medicare Advantage coordinated care plans over the coming days.

4 Nov 2009

WellCare Health Plans announces financial results for the third quarter of 2009

WellCare Health Plans, Inc. today reported results for the third quarter and nine months ended September 30, 2009. As determined under generally accepted accounting principles (“GAAP”), the Company reported net income of $28.7 million, or $0.68 per diluted share, for the third quarter 2009, compared with a net loss of $18.2 million, or $0.44 per diluted share, for the third quarter 2008.

4 Nov 2009

Medicare patients face problems accessing medical equipment and supplies in certain areas of Montana

In an email sent to Montana home equipment suppliers on October 30th, a Center for Medicare and Medicaid Services (CMS) official admitted there are "areas within Montana, a Medicare beneficiary may experience supplier access issues in obtaining certain" durable medical equipment and supplies.

4 Nov 2009

Health IT expert to serve as moderator at World Healthcare Innovation & Technology Keynote Panel

Health IT connectivity expert John Feikema has been slated to moderate a keynote panel at the 2009 Annual World Healthcare Innovation and Technology Congress being held November 8-10, 2009, in Washington, DC.

4 Nov 2009

Medical imaging cuts will cost lives

Medical imaging cuts contained in the 2010 Medicare Physician Fee Schedule will restrict life-saving imaging care to large hospitals, produce longer commutes and wait times to receive care, and cause life threatening delays in diagnosis and treatment of cancer and other serious illnesses.

4 Nov 2009

Experts favor sweeping changes to Medicare-reforms to help support broader health system reform

A vast majority of leaders in health care and health policy believe Medicare has been successful in providing access to care and stable coverage to the elderly and disabled individuals; however only a small percentage think the program has realized its potential to achieve other important goals, like using its leverage as the country's largest purchaser of services to control costs and promote a high performance health system.

4 Nov 2009

MedInformatix demonstrates its PM and EMR Solution at 2009 AAO Conference

MedInformatix, a leading provider of software solutions for the healthcare industry, announced the tenth anniversary of its relationships with several prominent Midwestern ophthalmology practices at the 2009 American Academy of Ophthalmology (AAO) Conference in San Francisco. In each case, the practices showcase the benefits of MedInformatix's Practice Management (PM) and Electronic Medical Records (EMR) Solution.

4 Nov 2009

Senate might see health overhaul vote slip into 2010

Democrats are, by many accounts, a long way from agreement among their own members on a health care reform bill.

4 Nov 2009

CBO: House health bill would lower some middle class premiums, raise costs for others

House Democrats say their health overhaul proposal will lead to health insurance premium savings for many consumers, though estimates of the overall measure's cost, as well as the taxes and fees required to pay for it, is a source of criticism and concern.

3 Nov 2009

Triple-S Management reports consolidated revenues of $507.3M for the third quarter of 2009

Triple-S Management Corporation, the largest managed care company in Puerto Rico, today announced consolidated revenues of $507.3 million and operating income of $15.4 million for the three months ended September 30, 2009. Net income of $18.1 million, or $0.62 per diluted share, includes an after tax net gain of $6.3 million, or $0.22 per share, in net realized and unrealized gains on investments and derivatives.

3 Nov 2009

Medco Health Solutions reports third-quarter total net revenues of $14.8 billion

Medco Health Solutions, Inc. today reported record third-quarter 2009 GAAP diluted earnings per share of $0.69, up 19.0 percent compared to $0.58 for the third quarter of 2008.

3 Nov 2009

AmerisourceBergen reports increased revenues of 9%

AmerisourceBergen Corporation today reported that in its fiscal year 2009 fourth quarter ended September 30, 2009, diluted earnings per share were $0.44, a 22 percent increase, and revenue increased 9 percent to a record $18.7 billion. Earnings per share and other share-related data reflect the Company’s June 2009 two-for-one stock split.

3 Nov 2009

First Edition: November 3, 2009

Today's headlines focus on the the timing, politics, costs and contents of pending health overhaul bills, as well as a soon-to-be released GOP alternative.

3 Nov 2009

Fresenius Medical Care reports financial results for the third quarter and first nine months of 2009

Fresenius Medical Care AG & Co. KGaA, the world’s largest provider of dialysis products and services, today announced its results for the third quarter and first nine months of 2009.

3 Nov 2009

Skilled Healthcare Group announces unaudited financial results for the third quarter of 2009

Skilled Healthcare Group, Inc. today announced its unaudited consolidated financial operating results for the three- and nine-month periods ended September 30, 2009.

3 Nov 2009

Cuts in cancer care a move in the wrong direction of health care reform, says COA

The Community Oncology Alliance (COA) today criticized the newest round of cuts in cancer care as a move in the wrong direction of health care reform. Although not as devastating as expected, the cuts by the Centers for Medicare and Medicaid Services (CMS) will still decrease reimbursements far beyond what the U.S. cancer care delivery system, including most patients, can bear.

3 Nov 2009

Medicare News and Research

CMS releases WellCare Health Plans from the previously disclosed sanctions

WellCare Health Plans announces financial results for the third quarter of 2009

Medicare patients face problems accessing medical equipment and supplies in certain areas of Montana

Health IT expert to serve as moderator at World Healthcare Innovation & Technology Keynote Panel

Medical imaging cuts will cost lives

Experts favor sweeping changes to Medicare-reforms to help support broader health system reform

MedInformatix demonstrates its PM and EMR Solution at 2009 AAO Conference

Senate might see health overhaul vote slip into 2010

CBO: House health bill would lower some middle class premiums, raise costs for others

Triple-S Management reports consolidated revenues of $507.3M for the third quarter of 2009

Medco Health Solutions reports third-quarter total net revenues of $14.8 billion

AmerisourceBergen reports increased revenues of 9%

First Edition: November 3, 2009

Fresenius Medical Care reports financial results for the third quarter and first nine months of 2009

Skilled Healthcare Group announces unaudited financial results for the third quarter of 2009

Cuts in cancer care a move in the wrong direction of health care reform, says COA

Kindred Healthcare reports financial results for the third quarter of 2009

ASTRO commends CMS for limiting payment reductions proposed for radiation oncology

American College of Physicians sends letter to House leaders voicing support for H.R. 3962 health bill

House Democratic leaders pushing for vote on health reform

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