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First Edition: August 2, 2011

Today's headlines reveal how some specific elements of the debt-ceiling deal might impact Medicare providers.

2 Aug 2011

STERIS first quarter revenue increases to $318.6 million

STERIS Corporation today announced financial results for its fiscal 2012 first quarter ended June 30, 2011. As reported, fiscal 2012 first quarter revenue was $318.6 million compared with $189.0 million in the first quarter of fiscal 2011.

2 Aug 2011

Sonomax commences shipment of sculpted eers

Sonomax Technologies Inc. is pleased to announce it has just shipped its award winning sculpted eers™ to the first six stores of its retail launch partner in the U.S., Airport Wireless® and Tech Showcase™.

2 Aug 2011

Henry Schein second quarter net sales increase 15.2% to $2.1 billion

Henry Schein, Inc., the largest provider of healthcare products and services to office-based practitioners, today reported record financial results for the quarter ended June 25, 2011.

2 Aug 2011

Tenet second quarter net operating revenues increase 3.1% to $2.374 billion

Tenet Healthcare Corporation today reported adjusted EBITDA of $277 million for the second quarter ended June 30, 2011, an increase of $9 million, or 3.4 percent, compared to $268 million for the second quarter of 2010. Income from continuing operations, before income taxes, was $66 million in the second quarter of 2011, an increase of $1 million, or 1.5 percent, as compared to $65 million in the second quarter of 2010.

2 Aug 2011

Life becomes harder after settlements for on-the-job back injuries

Financial and domestic problems for workers -- particularly those who are African-American, have lower incomes, or are younger than 35 -- get progressively worse in the years after they have settled claims for painful, on-the-job back injuries, a new Saint Louis University study finds.

2 Aug 2011

Bioengineered spinal discs can prevent chronic back or neck pain

Every year, millions of people contend with lower back and neck discomfort. With intent to ease their pain, Cornell University engineers in Ithaca and doctors at the Weill Cornell Medical College in New York City have created a biologically based spinal implant that could someday spell relief for these countless sufferers.

2 Aug 2011

Compugen second quarter net income increases to $1.2 million

Compugen Ltd. today reported its results for the second quarter ending June 30, 2011.

2 Aug 2011

Nu Skin Enterprises second-quarter revenue increases 9% to $424.4 million

Nu Skin Enterprises, Inc. today announced record second-quarter results, with revenue of $424.4 million, a 9 percent improvement over the prior-year period.

2 Aug 2011

FDA accepts MAP Pharmaceuticals' LEVADEX NDA for filing

MAP Pharmaceuticals, Inc. today announced that its New Drug Application (NDA) for LEVADEX® orally inhaled migraine drug for the potential acute treatment of migraine in adults has been accepted for filing by the U.S. Food and Drug Administration (FDA), with a goal date of March 26, 2012 under the Prescription Drug User Fee Act (PDUFA).

2 Aug 2011

New BistroMD blog can help people lose weight

BistroMD, the weight loss program that provides great-tasting, nutritionally sound meals for a lighter, healthier you, is proud to announce the official launch of their new company blog: http://www.BistroMD.com/blog.

2 Aug 2011

Nursing homes to face Medicare pay cut

The Centers for Medicare and Medicaid Services finalized an 11 percent drop in nursing home payments, which will kick in next year.

2 Aug 2011

New cold electron source could improve quality and speed of nanoimaging for drug development

A new source of very cold electrons will improve the quality and speed of nanoimaging for drug and materials development to a trillionth of a second.

2 Aug 2011

Lesser toe deformities should be treated early: Literature review

While deformities of the lesser toes can be very painful, there are numerous surgical and nonsurgical treatments for these conditions that are usually quite effective.

2 Aug 2011

MEDNAX second quarter net income increases 13.3% to $55.9 million

MEDNAX, Inc., the national medical group specializing in neonatal, maternal-fetal, pediatric cardiology, other pediatric subspecialty and anesthesia physician services today reported earnings per share of $1.15 for the three months ended June 30, 2011.

2 Aug 2011

Texas HHSC awards new contracts to Centene's Superior HealthPlan

Centene Corporation today announced its Superior HealthPlan, Inc. and its Superior HealthPlan Network have been tentatively awarded new contracts by the Texas Health and Human Services Commission.

2 Aug 2011

BD third quarter revenues increase to $2.014 billion

BD, a leading global medical technology company, today reported quarterly revenues of $2.014 billion for the third fiscal quarter ended June 30, 2011, representing an increase of 10.0 percent from the prior-year period.

From BD (Becton, Dickinson and Company) 2 Aug 2011

LGR announces significant price reduction for new greenhouse gas analyzer

Los Gatos Research (LGR), the leading innovator of cavity-enhanced laser-based instrumentation for analyses of gases and liquids, today announced a significant price reduction for its new greenhouse gas (GHG) analyzer designed to deliver the highest level of precision, accuracy, and stability available.

2 Aug 2011

Coast Dental acquires SmileCare

Coast Dental Services, Inc., has completed the acquisition of the assets of Dental Technology, Inc. (DTI), doing business as SmileCare, and Community Dental Services, Inc., a California licensed health care service plan.

2 Aug 2011

Smoking, high blood pressure and diabetes in middle age linked to brain damage

A new study suggests smoking, high blood pressure, diabetes and being overweight in middle age may cause brain shrinkage and lead to cognitive problems up to a decade later.

2 Aug 2011