Healthcare News and Research

Latest Healthcare News and Research

Florida judge blocks state constitutional amendment on federal health law

A Leon County circuit judge today blocked a proposed [state] constitutional amendment that targets the federal health-reform law, saying Florida Republican lawmakers included wording in the proposal that would mislead voters. Judge James O. Shelfer said the proposal --- dubbed by lawmakers as the 'Health Care Freedom' amendment --- should not go on the November ballot. He described wording in a ballot summary as 'manifestly misleading.'

31 Jul 2010

Circuit Court Judge removes Amendment 9 from November ballot

Today, Circuit Court Judge James Shelfer removed Amendment 9—modeled after the American Legislative Exchange Council's (ALEC) Freedom of Choice in Health Care Act now proposed in 42 states—from the November ballot. Florida Attorney General Bill McCollum is expected to appeal to Florida's Supreme Court.

31 Jul 2010

Abortion rights supporters, children's groups, GOP pushing back on various health law provisions

"Elective abortions will be prohibited and people with pre-existing conditions will be able to get comprehensive benefits without paying any more than healthy people, under new federal regulations for high-risk health insurance pools released ... by the Obama administration," according to Kaiser Health News.

31 Jul 2010

Water Street Healthcare Partners acquires Medical Specialties Distributors

Water Street Healthcare Partners, a leading private equity firm focused exclusively on health care, announced today that it has acquired Medical Specialties Distributors, LLC (MSD). Headquartered in Stoughton, Massachusetts, MSD is the nation's leading provider of infusion products, supplies, biomedical services and technology solutions to the growing home infusion therapy market. The acquisition expands Water Street's current group of health care companies to 12.

From Baxter International Inc. 31 Jul 2010

The House fails to pass aid measure for sick 9/11 responders

The Associated Press: "A bill that would have provided up to $7.4 billion in aid to people sickened by World Trade Center dust fell short in the House on Thursday, raising the possibility that the bulk of compensation for the ill will come from a legal settlement hammered out in the federal courts." The measure failed to draw the necessary two-thirds majority. Democrats had opted for this procedural route rather than a simple majority because it blocked potential GOP amendments.

31 Jul 2010

Adequate calcium intake maintains optimum bone mass

A broad range of scientific research has demonstrated that an adequate intake of calcium plays an important role in building and maintaining optimum bone mass, and a recent meta-analysis published online in the British Medical Journal should not cause consumers to doubt the value of calcium supplements for maintaining bone health.

31 Jul 2010

Northstar plans non-brokered private placement of common shares to Canada Healthcare Acquisition

Northstar Healthcare Inc. today announced that it plans to complete a non-brokered private placement of common shares to Canada Healthcare Acquisition Inc., a corporation indirectly controlled by Dr. Donald L. Kramer, M.D., a former CEO and former director of Northstar.

31 Jul 2010

Research Roundup:COBRA subsidies; Children's insurance and dental coverage; Adopting health IT; Race and heart treatments

Archives of Internal Medicine: Racial Differences In Admissions To High-Quality Hospitals For Coronary Heart Disease - "Racial disparities in the management of coronary heart disease (CHD) are widely documented, yet the reasons behind persistent gaps in quality of care are not fully understood," write the authors, who examined "Medicare patients with acute myocardial infarction and coronary artery bypass grafting (CABG) admitted during 2002 through 2005 to hospitals located in markets with top-ranked cardiac hospitals, as ascertained from the US News and World Report 'America's Best Hospitals' annual rankings."

31 Jul 2010

Recent releases in Global Health

A Center for Global Development memo offers suggestions for the U.S. to improve its commitment to policies that benefit poor countries after it ranked 17th out of 22 wealthy in the 2009 Commitment to Development Index. Among a set of 20 recommendations, the authors suggest the U.S. "[i]ncrease foreign aid, especially through such vehicles as the Millennium Challenge Corporation (MCC), which gives to relatively well-governed countries, or a global 'Cash on Delivery' fund that would pay countries after making confirmed progress toward agreed-upon outcomes, thereby reducing the proliferation of aid projects," the authors write(Prieto/Roodman).

31 Jul 2010

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