Healthcare News and Research

Latest Healthcare News and Research

WellTek reports 115% increase in gross profit for fiscal year 2009

WellTek Incorporated, a global health, fitness and wellness company, is pleased to announce that the Company reported $2.54 million in revenue for the 2009 fiscal year ended December 31, 2009, representing a 15% increase over $2.20 million in revenue posted for 2008. The increase is primarily attributable to international sales by the Company's subsidiary, MedX Limited.

30 Apr 2010

Clarient reports 14.8% increase in first quarter 2010 revenue

Clarient, Inc., a premier anatomic pathology and molecular testing services resource for pathologists, oncologists and the biopharmaceutical industry, today reported financial results for the first quarter ended March 31, 2010.

30 Apr 2010

The closing of St. Vincent's Hospital creates many uncertainties in N.Y.

The Wall Street Journal reports on the closing of St. Vincent's Hospital in Manhattan. One story details how the staff of St. Vincent's has not yet received details about the hospital's closing on Friday. The hospital has been slowly winding down services since it announced its closure. "The emergency room stopped admitting patients and ambulances started going elsewhere, leaving the emergency room focused on walk-ins. Their needs have run the gamut. Tuesday night, for example, brought a patient with a possible ruptured aorta...

30 Apr 2010

Republicans call for investigation of health law's costs

Politico: "House Republicans on Wednesday demanded an investigation into whether the health care overhaul plan would increase national health spending, following a recent report from the Centers for Medicare and Medicaid Services that showed cost increases, at least in the first decade." The Medicare actuary's report showed a one percent increase in health spending over 10 years, which Republicans said cut against Democrats' pledge that the health overhaul would "bend the cost curve down."

30 Apr 2010

SCOLR Pharma first-quarter total revenues decrease 3%

SCOLR Pharma, Inc. today reported financial results for the first three months ended March 31, 2010.

30 Apr 2010

Continuing education lectures on adult glioblastoma to be held at all U.S. healthcare centers

Adult glioblastoma continues to be a difficult disease to treat, so healthcare professionals must have the most up-to-date information regarding optimal methods for diagnostic imaging and treatment of these tumors. Awareness of novel agents in clinical trials is also critical to providing the best care.

30 Apr 2010

Partisan disagreement mounts as health programs are considered by debt commission

This week's focus on the federal deficit -- at a fiscal summit that drew many major policy makers and at the opening of President Barack Obama's bipartisan debt-reduction commission -- has renewed interest in the economic effects of the new health care law, especially given Obama's remarks that everything, even that law, would be under consideration by the commission as it looks to cut the national debt.

30 Apr 2010

Hullabaloo over the tobacco tax hike and planned plain cigarette packaging law

The Australian Federal Government this week announced an increase in taxes by 25% on cigarettes to discourage smoking and generate funds for more antismoking measures. In a new development Federal Opposition Leader Tony Abbott announced that the Coalition will support this move.

29 Apr 2010

IMD seeks FDA regulatory clearance for NADiA ProsVue prostate cancer prognostic test

IRIS International, Inc., a leading manufacturer of automated in-vitro diagnostics systems and consumables for use in hospitals and commercial laboratories worldwide, announced today that its IRIS Molecular Diagnostics (IMD) subsidiary has submitted a 510(k) pre-market notification application to the U.S. Food and Drug Administration (FDA) requesting regulatory clearance for NADiA®ProsVue™, a prostate cancer prognostic test. The test is designed to help physicians identify patients at low risk of cancer recurrence post radical prostatectomy.

29 Apr 2010

SDI reports increase in hospital outpatient surgical visits in 2009

SDI, a leading healthcare market insight and analytics firm, today reported that the number of hospital outpatient surgical visits increased 4.5% in 2009 compared with 2008. The number of hospital inpatient visits with surgical procedures, however, remained relatively unchanged in 2009.

29 Apr 2010

EMSC generates net revenue of $679.4 million for first-quarter 2010

Emergency Medical Services Corporation today announces results for the first quarter ended March 31, 2010.

29 Apr 2010

Orion Health Rhapsody Integration Engine to be deployed across Philips' healthcare informatics solutions

Royal Philips Electronics today announced an agreement with Orion Health™, a leading provider of integration solutions in healthcare, to deploy the Orion Health Rhapsody® Integration Engine across Philips' portfolio of healthcare informatics solutions.

From Philips Healthcare 29 Apr 2010

Celgene's first-quarter non-GAAP total revenue up 31% to $789 million

Celgene Corporation announced non-GAAP net income of $294.6 million, or non-GAAP diluted earnings per share of $0.63 for the quarter ended March 31, 2010. Non-GAAP net income for the first quarter of 2009 was $205.1 million or non-GAAP diluted earnings per share of $0.44. Based on U.S. GAAP, Celgene reported net income of $234.4 million, or diluted earnings per share of $0.50 for the quarter ended March 31, 2010. GAAP net income for the first quarter of 2009 was $162.9 million, or diluted earnings per share of $0.35.

29 Apr 2010

First Edition: April 29, 2010

This week, as yet another major health insurer reports quarterly gains, the industry says it will stop the practice of rescissions earlier than required by the new reform law. Meanwhile, other headlines examine key provisions of the measure, such as its high risk pools.

29 Apr 2010

Premier healthcare alliance launches strategic plan to support new models of healthcare delivery

The Premier healthcare alliance has launched a major new strategic plan that will help hospitals leverage performance improvement data and knowledge sharing to prepare for and succeed under healthcare reform.

29 Apr 2010

BD second-quarter revenues up 7.0% to $1.845 billion

BD (Becton, Dickinson and Company) today reported quarterly revenues of $1.845 billion for the second fiscal quarter ended March 31, 2010, representing an increase of 7.0 percent from the prior-year period, or 6.6 percent on a foreign currency-neutral basis.

From BD (Becton, Dickinson and Company) 29 Apr 2010

New MDC tool provides alternative choices to user's current prescription drugs

Healthcare reform legislation has enacted changes that will significantly affect the Medicare Part D prescription drug program. The most immediate impact of the reform aims to close the "donut hole", a component of the benefit design in which seniors must pay the full cost for their drugs themselves.

29 Apr 2010

PAF annual report offers summary of issues impacting Americans' access to healthcare

Patient Advocate Foundation -- a national non-profit organization that seeks to safeguard patients through effective mediation assuring access to care, maintenance of employment and preservation of their financial stability relative to their diagnosis of life threatening or debilitating diseases -- today released their annual Patient Data Analysis Report, which documents the scope and complexity of the healthcare finance, access and job retention issues routinely confronted by patients at the national and state-specific level.

29 Apr 2010

Masimo forms non-profit Foundation to improve patient safety, deliver advanced health care

Masimo Corporation, the inventor of Pulse CO-Oximetry and Measure-Through Motion and Low Perfusion pulse oximetry, announced today the formation of The Masimo Foundation for Ethics, Innovation and Competition in Healthcare, a non-profit organization that will facilitate its corporate philanthropy.

29 Apr 2010

Americans' confidence in their ability to access and pay for healthcare declines

Americans' confidence in their ability to access and pay for healthcare continued to decline last month, according to a new consumer sentiment index from Thomson Reuters.

29 Apr 2010