Healthcare News and Research

Latest Healthcare News and Research

BioMarin reports $0.5 million GAAP net loss for second-quarter 2010

BioMarin Pharmaceutical Inc. today announced financial results for the second quarter of 2010. GAAP net loss was $0.5 million ($0.01 per diluted share) for the second quarter of 2010, compared to GAAP net income of $1.3 million ($0.01 per diluted share) for the second quarter of 2009. Non-GAAP net income was $8.6 million ($0.08 per diluted share) for the second quarter of 2010, compared to non-GAAP net income of $9.0 million ($0.09 per diluted share) for the second quarter of 2009.

3 Aug 2010

Percutaneous heart valve replacement may be an alternative for open heart surgery

A newer, less invasive method of heart valve replacement shows promise and may be appropriate for patients who cannot tolerate traditional open heart surgery, but research is needed to understand its potential risks and benefits, according to a new study funded by HHS' Agency for Healthcare Research and Quality.

3 Aug 2010

Doctor discounts for the asking

Reporting for Kaiser Health News, in collaboration with the Los Angeles Times, Lisa Zamosky writes: "Looking to save money on healthcare? Consider asking your doctor for a discount.

3 Aug 2010

Allergan second-quarter diluted EPS increases to $0.78

Allergan, Inc. today announced operating results for the quarter ended June 30, 2010. Allergan also announced that its Board of Directors has declared a second quarter dividend of $0.05 per share, payable on September 7, 2010 to stockholders of record on August 17, 2010.

3 Aug 2010

MBF announces sale of MSD to Water Street Healthcare Partners

MBF Healthcare Partners, L.P., a middle market healthcare focused private equity firm, announced it has sold Medical Specialties Distributors, LLC, to private equity firm Water Street Healthcare Partners.

2 Aug 2010

VHGI Holdings' Medical Office Software sold to a private company

VHGI Holdings, Inc. announced today that it has sold the assets of its medical practice management subsidiary, Medical Office Software, Inc., to a private company for a purchase price of between $1,200,000 - $1,300,000 and a warrant to purchase 1% of the common stock in the new company.

2 Aug 2010

XACP invests $4M in $6.1M Series B financing for Health Market Science

Cross Atlantic Capital Partners announced today that it invested $4 million in a $6.1 million Series B financing for Health Market Science, a leading data and analytics provider for the healthcare industry. Cross Atlantic led the round with follow-on investments from other institutional investors, including Edison Venture Fund.

2 Aug 2010

Lakeview Health System selects Lawson Software's multiple enterprise software solutions

Lawson Software today announced that Lakeview Health System has selected multiple enterprise software solutions, including Lawson Enterprise Financial Management, Supply Chain Management, Contract Management, and Budgeting and Planning suites. It also selected Lawson Time & Attendance and Scheduling modules as well as Lawson Business Intelligence.

2 Aug 2010

ARO uses Elekta VMAT system for prostate cancer patients

In the expansive region of Australasia—which includes Australia, New Zealand and neighboring islands—Auckland Radiation Oncology Centre is the first to use Elekta VMAT, treating a patient with prostate cancer using a single 100-second arc of radiation. Such rapid treatments change the entire therapy experience for these patients, who have had to remain completely still for seven minutes during radiation delivery for each of 37 to 39 separate treatment sessions or "fractions."

From Elekta 2 Aug 2010

RoundTable announces establishment of new platform business in ophthalmology market

RoundTable Healthcare Partners, an operating-oriented private equity firm focused exclusively on the healthcare industry, announced today that it has established a platform business in the ophthalmology market. The new platform company, Beaver-Visitec International, Inc., consists of ophthalmology products and assets recently acquired from BD and Medtronic, Inc.

2 Aug 2010

OHSU acquires BSD-500 Hyperthermia System

BSD Medical Corporation is pleased to announce that Oregon Health & Science University has acquired a BSD-500 Hyperthermia System. OHSU is a leading university that provides world-class treatment for the most complex health care needs. OHSU has been ranked in U.S. News & World Report's annual rankings as one of America's Best Hospitals for 15 consecutive years and has been recognized in the medical specialties of cancer and endocrinology.

2 Aug 2010

The NoliWhite Group launches innovative process to integrate iPad on hospital construction sites

The NoliWhite Group, Brentwood-based healthcare facility developers, launched an innovative process that will incorporate the use of Apple's iPad on hospital and other healthcare-related construction sites, officials announced today. The initiative, Project Information Integration, or PI2, is being piloted on the construction of John D. Archbold Memorial Hospital's new North Tower in Thomasville, GA.

2 Aug 2010

Today's OpEds: Medicaid and the safety net; Health reform law's impact on long-term care and health costs

Late last week, the federal government provided a road map [for how to help those with little access to care] by extending an existing agreement that allows up to $25 million in Medicaid payments to hospitals to be diverted instead to clinics that serve the uninsured. You might think that would be a hard sell for hospitals; after all, they're experiencing sharp growth in the number of uninsured patients they serve. But St. Louis-area hospitals willingly have been sharing those payments with clinics for a decade. Without them, there simply wouldn't be a health care safety net to meet the region's needs (8/1).

2 Aug 2010

WellDoc DiabetesManager System receives FDA clearance

WellDoc, a healthcare company that develops technology solutions to improve chronic disease management outcomes and reduce healthcare costs, today announced that it has received United States Food and Drug Administration 510(k) clearance to market the WellDoc DiabetesManager System to healthcare providers and their adult patients with type 2 diabetes.

2 Aug 2010

U.S. gastroenterologists prescribe Abbott's Humira off-label for treating ulcerative colitis: Report

Decision Resources, one of the world's leading research and advisory firms for pharmaceutical and healthcare issues, finds that 63 percent of surveyed U.S. gastroenterologists prescribe Abbott's Humira off-label for the treatment of ulcerative colitis. According to the new report entitled Treatment Algorithms in Ulcerative Colitis, surveyed gastroenterologists most often prescribe Humira for ulcerative colitis for patients with loss of response, intolerance or no response to Centocor Ortho Biotech's Remicade.

2 Aug 2010

Keane Optimum 3.1 receives Preliminary ARRA IFR Stage 1 certification

Keane, Inc., a U.S.-based IT services and healthcare information technology firm, today announced Keane OptimumTM 3.1 has been inspected by the Certification Commission for Health Information Technology and is certified EHR technology, IFR Stage 1 as part of the organization's Preliminary American Recovery and Reinvestment Act of 2009 certification program.

2 Aug 2010

Inergetics receives initial purchase order from New Marketlink for Resurgex Select

Inergetics, Inc., a leader in targeted product development for the Clinical Nutrition and Sports Supplement Markets, today announced that the Company has received a $112,500 purchase order for Resurgex Select from New Marketlink Pharmaceutical Corporation "New Marketlink."

2 Aug 2010

Hasco Medical signs agreement to distribute Bell-Horn Orthopedic products

Hasco Medical, Inc., www.mysouthernmed.com, a managed healthcare provider that serves patients in Alabama, Florida, and Mississippi, today announced the Company will begin national distribution of the complete line of Bell-Horn Orthopedic products, www.bellhorn.com.

2 Aug 2010

Explorys secures $2.55M Series B financing from Santé Ventures

Explorys Inc., the leader in cloud computing solutions for healthcare data management, analytics, and outcomes measurement has secured $2.55M Series B financing from Santé Ventures, with follow-on participation from Cleveland Clinic Innovations.

2 Aug 2010

BD announces sale of surgical blades product platform, Ophthalmic Systems unit

BD, a leading global medical technology company, today announced the completion of the sale of its Ophthalmic Systems unit to RoundTable Healthcare Partners and the sale of its surgical blades product platform to one of RoundTable's portfolio companies, Aspen Surgical Products, Inc.

From BD (Becton, Dickinson and Company) 2 Aug 2010