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Americans overdosing on prescription pain killers

According to figures released by the Centers for Disease Control and Prevention (CDC) 40 Americans die from prescription painkiller abuse each day. Overdoses of opioid prescription drugs now kill more people in the U.S. than do overdoses from heroin and cocaine combined the report says. Twelve million Americans say they abused prescription drugs in the last year.

2 Nov 2011

Prescription drug shortages: Endocrine Society calls for mandatory reporting by manufacturers

The Executive Order President Obama issued Monday directing the U.S. Food and Drug Administration to take action to reduce prescription drug shortages is a commendable first step, but the White House could strengthen its directive and address the full scope of the problem by ordering mandatory reporting by manufacturers, which The Endocrine Society calls for in its Position Statement on drug shortages.

2 Nov 2011

Obama takes action to address drug shortages

President Barack Obama issued an executive order Monday directing the Food and Drug Administration to, among other steps, speed up reviews of manufacturers' applications to begin or alter production of a drug in potentially short supply.

2 Nov 2011

Humana third quarter consolidated revenues increase 11% to $9.30 billion

Humana Inc. today reported diluted earnings per common share (EPS) for the quarter ended September 30, 2011 (3Q11) of $2.67, compared to $2.32 per share for the quarter ended September 30, 2010.

31 Oct 2011

Medicare 2012 Part B premiums will be lower than expected

The Obama administration cheered the news regarding the cost of Part B premiums in part because it could give a political boost to President Barack Obama's popularity among older voters.

29 Oct 2011

Feds make arrests in $18 million Medicare and Medicaid scam

The alleged fraud was based on an "elaborate" prescription drug scheme that involved a physician, a pharmacist and 15 others and included the recruitment of veterans, homeless people, poor people and the elderly.

29 Oct 2011

Cigna third quarter adjusted income from operations increases to $325 million

Cigna Corporation today reported third quarter 2011 results that included strong revenue and earnings from each of our ongoing businesses, reflecting continued effective execution of the fundamentals supporting our long-term growth strategy.

29 Oct 2011

First Edition: October 28, 2011

In today's headlines, reports about the health law's public support, the latest on the super committee and news about the cost of Medicare Part B premiums.

28 Oct 2011

Medicare Part B 2012 premiums lower than projected

The Obama administration today announced that premiums for Medicare Part B coverage in 2012 will be $99.90 a month for most beneficiaries, a smaller-than-expected increase over the $96.40 paid this year by a majority of elderly and disabled beneficiaries. Part B pays for physician visits, hospital outpatient costs and certain other services. A 3.6 percent Social Security cost-of-living adjustment, the first in three years, will more than make up for the small increase, according to the Department of Health and Human Services.

28 Oct 2011

Elan's third quarter total revenue increases 17% to $328.5 million

Elan Corporation, plc today reported its third quarter and first nine months 2011 financial results.

27 Oct 2011

Quarter of Medicare drug plans get poor ratings

Federal officials gave negative assessments to more than 25 percent of these prescription drug plans. In the Washington area, that number is even higher. Also in the news, Medicare's database comparing hospital patient safety.

27 Oct 2011

Cigna enters definitive agreement to acquire HealthSpring for $55 per share

Cigna Corporation and HealthSpring, Inc. today announced that they have signed a definitive agreement under which Cigna will acquire all the outstanding shares of HealthSpring for $55 per share in cash, a 37% premium over the closing stock price on Friday October 21, 2011, representing a total transaction value of approximately $3.8 billion.

24 Oct 2011

Earlier Medicare enrollment period brings new round of ads

Open enrollment periods for health plans also focus the spotlight on how health coverage is likely to change in 2014 when key elements of the health law take effect.

24 Oct 2011

First Edition: October 24, 2011

Today's headlines include a variety of health policy news developments, including speculation about how the Supreme Court might review the health law and what's happening with the super committee.

24 Oct 2011

FDA's ODAC to review Affymax peginesatide NDA for treatment of CKD-associated anemia

Affymax, Inc. today announced that the U.S. Food and Drug Administration's (FDA) Oncologic Drugs Advisory Committee (ODAC) will review the New Drug Application (NDA) for peginesatide proposed for the treatment of anemia associated with chronic kidney disease (CKD) in adult patients on dialysis on December 7, 2011 during the afternoon session.

24 Oct 2011

FDA accepts Ironwood and Forest Laboratories' linaclotide NDA for review

Ironwood Pharmaceuticals, Inc. and Forest Laboratories, Inc. today announced that the U.S. Food and Drug Administration (FDA) has accepted for review the New Drug Application (NDA) for linaclotide for the treatment of irritable bowel syndrome with constipation (IBS-C) and chronic constipation.

24 Oct 2011

CMS provides new guidance on EHR payment program

Modern Healthcare reports on this development, which will set up a "double check" to ensure that hospitals have what is necessary to become "meaningful users" of electronic health records.

21 Oct 2011

Medicare Part B premium costs likely to cut into social security's increase

Social Security benefits will increase by 3.6 percent, but many consumers won't feel more weight in their wallets because of an expected boost in Medicare costs.

21 Oct 2011

First Edition: October 20, 2011

In today's headlines, reports analyzing the super committee's progress, and detailing how Republican rivals' stabs at 'Romneycare' are starting to gaining traction.

20 Oct 2011

UnitedHealth Group's consolidated third quarter revenues increase 7% to $25.3B

UnitedHealth Group today reported third quarter results, highlighted by strong enrollment growth in each of UnitedHealthcare's benefits businesses and strong revenue growth at all Optum business units. Third quarter 2011 net earnings were $1.17 per share, with strong performance on all key financial and operational measures.

18 Oct 2011