Healthcare News and Research

Latest Healthcare News and Research

THL signs definitive merger agreement to acquire Intermedix from Parthenon

Intermedix Corporation, a leading provider of revenue cycle management and software solutions to the emergency healthcare industry, announced today that Thomas H. Lee Partners, L.P. has signed a definitive merger agreement to acquire the Company from Parthenon Capital Partners and its minority shareholders.

30 Jul 2010

Paperwork for reimbursement prevents PCTs access to high-cost cancer drugs

The amount of paperwork that primary care trusts (PCTs) have to fill out in order to be reimbursed for cancer drugs is so great that they may be missing out on millions of pounds, a report suggests.

30 Jul 2010

USIBC applauds Abbott for 100 years of improving healthcare in India

Today the U.S.-India Business Council (USIBC) saluted Abbott Laboratories for 100 years of improving healthcare in India. In 1910, Abbott was one of the first multinationals to establish operations in India. Over the past century, Abbott has been dedicated to connecting Indian patients with access to quality medication and patient care, enhancing the quality of life for its customers.

30 Jul 2010

Endo Pharmaceuticals total revenues for second-quarter 2010 increase 6% to $396.5 million

Endo Pharmaceuticals today reported financial results for the second quarter 2010. Total revenues during the second quarter of 2010 increased 6 percent to $396.5 million, compared with $373.1 million in the same quarter of 2009. Net income for the three months ended June 30, 2010 was $51.5 million, compared with $30.0 million in the comparable 2009 period.

30 Jul 2010

VAPAHCS acquires 15 Zargis Cardioscan systems

Zargis Medical Corp., a majority-owned subsidiary of Speedus Corp., today announced that the VA Palo Alto Health Care System, a northern California based hospital group that is part of The Department of Veterans Affairs nationwide network of hospitals, recently purchased 15 Zargis Cardioscan systems.

30 Jul 2010

McKesson first-quarter revenues increase to $27.5 billion

McKesson Corporation today reported that revenues for the first quarter ended June 30, 2010 were $27.5 billion compared to $26.7 billion a year ago. First-quarter earnings per diluted share was $1.10 compared to $1.06 per diluted share a year ago.

30 Jul 2010

First Edition: July 30, 2010

In today's headlines, a report about the administration's new high-risk pool regulations and how they address abortion coverage, as well as other details related to the new health law and the insurance marketplace.

30 Jul 2010

Partners in ENIAC project announce details of multinational/multidisciplinary program

The partners in a new publicly-funded European research project today announced details of the multinational/multidisciplinary program: 'CSI: Central Nervous System Imaging.' This three-year ENIAC project aims to achieve substantial advances in state-of-the-art medical 3D-imaging platforms by focusing on the diagnosis and therapy of serious diseases of the central nervous system and brain.

30 Jul 2010

BioScrip second-quarter 2010 revenue increases 25% to $412.0 million

BioScrip, Inc. announced 2010 second quarter revenue of $412.0 million, operating income of $13.5 million and net income of $3.1 million, or $0.06 per diluted share. Second quarter adjusted earnings per share (detailed in schedule 5) was $0.07 per diluted share. Adjusted EBITDA for the quarter was $18.4 million. All 2010 per share amounts have been adjusted to reflect the Company's issuance of 13.1 million shares in conjunction with the acquisition of CHS.

30 Jul 2010

Union members file suit as officials refuse to hold elections after 18 months

Nine members of SEIU United Healthcare Workers-West have filed a lawsuit against SEIU International and Trustees Dave Regan and Eliseo Medina for refusing to hold elections to return control of the local union to its members.

30 Jul 2010

Quality Systems first-quarter net revenues increase 24% to record $82.9 million

Quality Systems, Inc. today announced the results of operations for its fiscal 2011 first quarter ended June 30, 2010.

30 Jul 2010

New health reform guidelines now available to business owners in California, free of charge

A new booklet designed to help California employers understand and prepare for the dramatic changes being brought about by health reform is now available to business owners throughout the state, free of charge. It can be obtained by contacting [email protected].

30 Jul 2010

Wash. regulations would restrict pain killer prescriptions; Texas Lt. Gov. bemoans costs associated with health law; Fla. insurance pilot project shows early success

The New York Times: "In an unusual move, a state government is developing regulations meant to stop doctors from prescribing higher doses of powerful — and often dangerous — pain killers for patients who are not benefiting from them. The effort, in Washington State, represents the most sweeping attempt yet to stem what some experts see as the excessive use of prescribed narcotics, and it is being closely watched by medical professionals elsewhere.

30 Jul 2010

Graymark Healthcare adds two new sleep centers in Texas, Nebraska

Graymark Healthcare announced that it has added two new sleep centers in Texas and Nebraska with the signing of agreements to provide on-site services to Goodall-Witcher Medical Center in Central Texas and Henderson Community Hospital in Nebraska. These agreements continue to execute on Graymark's strategy to expand the availability of sleep medicine in rural communities that otherwise might not have access to comprehensive sleep care.

30 Jul 2010

America Service Group second-quarter healthcare revenues increase 2.4% to $156.2 million

America Service Group Inc. announced today results for the second quarter ended June 30, 2010, and increased its guidance for full year 2010 pro forma net income.

30 Jul 2010

Computer Programs and Systems second-quarter total revenues increase 22.3% to $37.7 million

Computer Programs and Systems, Inc., a leading provider of healthcare information solutions, today announced results for the second quarter and six months ended June 30, 2010.

30 Jul 2010

Treating back problems cost Americans more than $30 billion in 2007: AHRQ

Treating back problems, one of the most bothersome medical problems, cost Americans more than $30 billion in 2007- up from $16 billion in 1997 (in 2007 dollars), according to the latest News and Numbers from the Agency for Healthcare Research and Quality.

30 Jul 2010

MSP announces enhancements to EHR Selector

Medical Strategic Planning announces enhancements to the widely-used EHR Selector, which empowers Regional Extension Centers to quickly qualify EHR products and individually track thousands of practices deploying critically-vetted electronic health record solutions.

30 Jul 2010

ISMPP and MPIP initiative launches new web page

On July 29, 2010 the International Society for Medical Publication Professionals (ISMPP) and the Medical Publishing Insights and Practices (MPIP) initiative launched a new web page highlighting various MPIP initiatives (http://www.mpip-initiative.org). The web page is a valuable resource providing information on the overall MPIP initiative, updating viewers on new or planned activities, and providing access to previous MPIP publications and resources.

30 Jul 2010

Funding for electronic medical records expected as early as May, already stimulating business

Modern Healthcare: Funding to help doctors and hospitals buy electronic medical records could begin to flow through the Medicare program as early as May 2011, a Centers for Medicare and Medicaid Services official said Wednesday. But, the final shape of the program remains unclear as CMS works to implement 800 pages of new regulations. "We're now working toward actually making all of this a reality, and we have less than six months to do it," the official said (Conn, 7/28).

30 Jul 2010