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Ryan's plan to reshape Medicare triggers cost, political concerns

News outlets report on how the plan to privatize Medicare may actually increase costs and how the GOP plan could turn out to be a "front-burner" issue during the presidential primary.

8 Apr 2011

Polaris' ADI-PEG 20 exhibits potential against AML, GBM and bladder cancer

Polaris Group announced today that data from preclinical studies suggest ADI-PEG 20, the Company's pegylated arginine deiminase therapeutic, may be effective in treating acute myeloid leukemia (AML), glioblastoma multiforme (GBM) and bladder cancer.

8 Apr 2011

Hospital-owned practices winning over physicians

[Many doctors] are giving up ownership of their practices to become part of hospital-owned practices or larger groups with multiple specialties. ... Young doctors in particular are choosing to work for larger organizations rather than starting their own practices, they say.

8 Apr 2011

Real-time brain feedback can help gain greater control over thoughts

As humans face increasing distractions in their personal and professional lives, University of British Columbia researchers have discovered that people can gain greater control over their thoughts with real-time brain feedback.

8 Apr 2011

Is the U.S. prepared for a nuclear emergency?

A blunt assessment circulating among American officials says "Current capabilities can only handle a few radiation injuries at any one time." That assessment [was] prepared by the Department of Homeland Security in 2010 ...

8 Apr 2011

NHIC to cover PTNS using Uroplasty's Urgent PC Neuromodulation System for overactive bladder

Uroplasty, Inc. announced that NHIC Corp., the Medicare carrier for Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont, will cover posterior tibial nerve stimulation (PTNS) using Uroplasty's Urgent® PC Neuromodulation System for the treatment of overactive bladder and associated symptoms, effective May 22, 2011.

8 Apr 2011

Research Roundup: The cost of medical errors; 'Unreasonable rate increases'

Health Affairs: The $17.1 Billion Problem: The Annual Cost Of Measurable Medical Errors - "The estimated total cost of measurable medical errors in the United States was $17.1 billion in 2008, which was 0.72 percent of the $2.391 trillion spent on health care," write the authors of this study that used an "an actuarial approach to measure the frequency and costs of measurable U.S. medical errors, identified through medical claims data."

8 Apr 2011

FDA grants tentative approval for Hi-Tech Pharmacal's generic Combigan ANDA

Hi-Tech Pharmacal Co., Inc., a specialty pharmaceuticals company, announced today that the US Food and Drug Administration, (FDA) granted tentative approval for the Company's Abbreviated New Drug Application, (ANDA) for brimonidine tartrate with timolol maleate ophthalmic solution, the generic for Allergan's Combigan® ophthalmic solution which had sales of $108 million for the 12 months ended December 2010 according to IMS sales data.

8 Apr 2011

AP: New gov't plan designed to reduce health disparities unveiled

From cradle to grave, minority populations tend to suffer poorer health and get poorer health care than white Americans. In a first-of-its-kind report, the government is recommending steps to reduce those disparities.

8 Apr 2011

Kaydon completes HAHN-Gasfedern acquisition

Kaydon Corporation today announced that it has completed the acquisition of all of the outstanding shares of HAHN-Gasfedern GmbH and related real estate and intangible property ("Hahn") from Ulrich Hahn e.K. pursuant to the definitive agreement announced on February 25, 2011.

8 Apr 2011

2011 budget deal elusive as GOP policy riders threaten progress

With the high-stakes negotiations currently at an impasse, the differences among the GOP, Democrats and the White House involve more than just the total dollar figure attached to spending cuts. It also involves controversial "policy riders." Meanwhile, without resolution, a government shutdown is just hours away.

8 Apr 2011

BSD Medical second quarter net loss decreases 19% to $1,554,000

BSD Medical Corporation, a leading provider of medical systems that treat cancer and benign diseases using heat therapy, today reported financial results for its second fiscal quarter ended February 28, 2011.

8 Apr 2011

Despite economic challenges, Henry Ford Health System made $60 million last year

The Henry Ford Health System — the largest provider of hospital care in the region — made $60 million last calendar year in spite of a stubborn economy and increasing costs to care for poor and uninsured people, officials announced Thursday. The system's continued success — its eighth consecutive year of financial growth — has made it the largest system in southeast Michigan in revenue and in-patient volume, said Robert Riney, president and chief operating officer for the system.

8 Apr 2011

Unity receives first order for new BD Italian Tablet press

Unity Management Group, Inc. is a Health Resource Company specializing in Physician, and Hospital Practice Management, Business Services, Billing Software and Technologies, along with Pharmacy Instrumentation, Calibration, Data Acquisition, and Equipment Distribution.

8 Apr 2011

Some consumers left out of Anthem's delay to planned rate hikes

Although the insurer announced last month that it would delay a planned premium rate increase for about 600,000 policy holders, reports indicate that as many as 120,000 people will still experience the increases.

8 Apr 2011

Creekridge Capital reports record-breaking volume for first quarter 2011

Creekridge Capital LLC, a nationwide independent healthcare and technology vendor leasing company, announced record-breaking volume for first quarter 2011 that exceeds any previous first quarter volume throughout its history.

8 Apr 2011

State News: N.Y. billing for disabled patients questioned

While the nation's attention has been focused on state worker battles in union strongholds such as Ohio and Wisconsin, quiet but consequential labor battles are breaking out in Kansas, Texas and other states where collective bargaining rights for public workers were weak or non-existent to begin with. The outcome of these confrontations will have a big impact.

8 Apr 2011

The MED Group creates National Orthotics and Prosthetics Network

The MED Group, a Managed Health Care Associates, Inc. (MHA) company, and a leading group purchasing and business solutions company focused on Home Medical Equipment providers is pleased to announce the creation of The MED Group National Orthotics and Prosthetics Network. Tim Pederson (formerly of WestMed Rehab) has joined The MED Group and will be leading the development of The MED Group's National Orthotics & Prosthetics Network.

8 Apr 2011

Viewpoints abound on impact of Ryan plan, government showdown

If the federal government shuts down at midnight on Friday — which seems likely unless negotiations take a sudden turn toward rationality — it will not be because of disagreements over spending. It will be because Republicans are refusing to budge on these ideological demands: No federal financing for Planned Parenthood. ... No local financing for abortion services in the District of Columbia. ... No funds for health care reform.

8 Apr 2011

Sangamo prices public offering of 6.7M shares of common stock

Sangamo BioSciences, Inc. today announced the pricing of its previously announced public offering of 6,700,000 shares of its common stock at a price to the public of $7.70 per share. The public offering is expected to close on or around Wednesday, April 13, 2011, subject to customary closing conditions.

8 Apr 2011