Healthcare News and Research

Latest Healthcare News and Research

GE Healthcare to commence cash tender offer to acquire Clarient

GE Healthcare, a unit of General Electric Company today will commence a cash tender offer to purchase all outstanding shares of common and preferred stock of Clarient, Inc. through a wholly owned subsidiary of GE, Crane Merger Sub, Inc.

7 Nov 2010

APP Drug Hotline to assist healthcare professionals with shortage issues

APP Pharmaceuticals, Inc., a wholly owned subsidiary of Fresenius Kabi Pharmaceuticals Holding, Inc., announced today that it will launch the APP Drug Hotline on Wednesday, November 10, 2010. The APP Drug Hotline has been established to assist healthcare professionals with critical drug shortage issues.

7 Nov 2010

Mass. focuses on containing health care costs, Gov. Schwarzenegger seeks to expand coverage of uninsured in Calif.

While the White House seems destined to spend the next two years fending off attacks on President Obama's health care law, the administration of Governor Deval Patrick of Massachusetts will push forward with the next stage of health care overhaul: trying to contain the escalating costs of medical care.

7 Nov 2010

Onconome receives $231,000 cash grant under QTDP program

Onconome, Inc. announced today that it was awarded a cash grant totaling approximately $231,000 under the U.S. Government's Qualifying Therapeutic Discovery Project (QTDP) program. The QTDP was enacted as part of the Patient Protection and Affordable Care Act of 2010.

7 Nov 2010

FDA issues approval letter to Carestream's CR system for mammography

Carestream Health has received an approval letter from the U.S. Food and Drug Administration (FDA) for its high-resolution computed radiography (CR) system for mammography.

7 Nov 2010

Americans sicker but live longer than the English: Study

According to a new study in the journal Demographics, and elderly American is not quite as healthy as his English counterpart, but does live just as long, if not longer. The study found that Americans aged 55 to 64 and 70 to 80 had higher rates of chronic diseases than same-aged English people, but they died at about the same rate. Americans aged 65 and older could be sicker than their English peers but lived longer.

5 Nov 2010

Covidien granted FDA 510(k) clearance for Kendall SCD Sleeve and Kendall SCD 700 Series Controller

Covidien, a leading global provider of healthcare products and recognized innovator in intermittent pneumatic compression (IPC), today announced 510(k) clearance from the U.S. Food and Drug Administration for the Kendall SCD™ Sequential Compression Comfort Sleeve and Kendall SCD™ 700 Series Controller. The new system will be launched next month in the U.S. and will deliver an improved level of comfort for patients, while reducing the risk of venous thromboembolism (VTE).

4 Nov 2010

First Edition: November 4, 2010

Less than 24 hours after Republicans won control of the House, soon-to-be-speaker John Boehner denounced the new health care law, saying it would "kill jobs in America, ruin the best health care system in the world, and bankrupt our country" -- and renewed his vow to try to repeal it. Kaiser Health News asked people around the country to answer the following question: "If you ended up in an elevator with Rep. Boehner, what single thing would you urge him to do about health care in this country? (Kaiser Health News).

4 Nov 2010

Abiomed second quarter revenue increases 17% to $23.4 million

Abiomed, Inc., a leading provider of breakthrough heart support technologies, today reported second quarter fiscal 2011 revenue of $23.4 million, up 17% compared to the same period of fiscal 2010.

4 Nov 2010

DJOFL third quarter net sales decrease to $233.6 million

DJO Incorporated, a global provider of medical device solutions for musculoskeletal health, vascular health and pain management, today announced financial results for its operating subsidiary, DJO Finance LLC ("DJOFL"), for the third quarter of 2010, ended October 2, 2010.

4 Nov 2010

Stereotaxis receives $1.5 million in grants under QTDP program

Stereotaxis, Inc. announced today that it has been awarded $1.5 million in grants under the Qualifying Therapeutic Discovery Project Program that was enacted under the Patient Protection and Affordable Care Act of 2010.

4 Nov 2010

NWBT receives $490,000 in two grants under QTDP program

Northwest Biotherapeutics today announced that the company has received approximately $490,000 in two grants under the Qualified Therapeutic Discovery Project Grants Program. The maximum award was received for both grants.

4 Nov 2010

Prestige Brands second fiscal quarter net revenue decreases 3% to $78.3 million

Prestige Brands Holdings, Inc. today announced results for the second quarter and first half of fiscal year 2011, which ended on September 30, 2010. The Company also announced the completion on November 1, 2010 of the acquisition of Blacksmith Brands, Inc., which added five over-the-counter healthcare products to its business.

4 Nov 2010

SandlotConnect attains 1.5 million patient records to provide HIE in Texas

Sandlot, LLC, a healthcare IT solutions company founded by practicing physicians who have pursued a better way to collectively share clinical information, announced that its comprehensive health information exchange (HIE) SandlotConnect now contains more than 1.5 million patient records, allowing providers to access and contribute to the largest HIE in Texas.

4 Nov 2010

NextGen Inpatient Clinicals version 2.4 earns CCHIT Certified 2011 Inpatient EHR designation

NextGen Healthcare Information Systems, Inc., a wholly owned subsidiary of Quality Systems, Inc. and a leading provider of healthcare information systems and connectivity solutions, today announced that NextGen® Inpatient Clinicals version 2.4 has earned designation as a premarket conditionally CCHIT Certified® 2011 Inpatient EHR.

4 Nov 2010

Picis introduces charge capture solution for oncology treatment centers

Picis today introduced LYNX I/Point, a charge capture solution designed specifically for hospital-owned infusion and oncology treatment centers - where therapies are very expensive and accurately charging for services can be challenging.

4 Nov 2010

Lentigen awarded $1.23M grant under Patient Protection and Affordable Care Act

Lentigen Corporation, a biotechnology company specializing in the development and manufacture of lentiviral gene delivery products, announced today that it will receive $1,235,306 in cash grants from the U.S. Government under the Patient Protection and Affordable Care Act.

4 Nov 2010

VA awards QuadraMed $211M contract to implement Quantim Coding, Compliance and Abstracting solution

The U.S. Department of Veterans Affairs (VA) has awarded QuadraMed® Corporation, a leading provider of healthcare technologies and services, a five-year, $211 million contract to implement its Quantim® Coding, Compliance and Abstracting solution. The comprehensive, integrated solution will improve the VA healthcare system's coding productivity and accuracy through real-time compliance monitoring and customizable billing processes.

4 Nov 2010

Georgia Tech hosts symposium to discuss sickle cell disease

Georgia Tech will host the Sickle Cell Disease Symposium bringing together researchers, policy experts and community advocates to discuss the latest research and strategies for future success in combating this complex and debilitating blood disorder. The symposium begins at Georgia Tech's Institute for Bioengineering and Bioscience on November 4 and concludes the evening of November 5.

4 Nov 2010

NinePoint Medical awarded $250,000 grant from Qualifying Therapeutic Discovery Project Program

NinePoint Medical, Inc., an emerging leader in the development of in vivo pathology devices, today announced it has been awarded a grant of approximately $250,000 from the Qualifying Therapeutic Discovery Project (QTDP) Program. The QTDP's grants and tax credits are provided under the new section 48D of the Internal Revenue Code (IRC), enacted as part of the Patient Protection and Affordable Care Act of 2010.

4 Nov 2010