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KHN column: As reform improves the overall market, inefficient insurers could take hits

In his latest Kaiser Health News column, done in collaboration with The New Republic, Jonathan Cohn writes about how the insurance market will change as a result of the health overhaul.

30 Aug 2010

Today's Opinions and Editorials: The costs of public employees' health benefits, more on Medicare Advantage, and will reform undermine medical innovation?

We want to spend just a little less, so that we have more money for other purposes. And we want to spend just a little differently, so that we're getting a higher quality, more humane health care system (Jonathan Cohn, 8/30).

30 Aug 2010

HUYA announces strategic partnership with School of Pharmaceutical Sciences at Sun Yat-sen University

HUYA Bioscience International, a company at the forefront of globalizing China's biopharmaceutical innovations, today announced a strategic partnership with the School of Pharmaceutical Sciences at Sun Yat-sen University (SYSU). The collaborative agreement expands HUYA's foothold in Southern China, aiming to accelerate the development of novel drugs arising from the school's research efforts.

30 Aug 2010

MRI recordings at one fiftieth of a second

"Please hold absolutely still": This instruction is crucial for patients being examined by magnetic resonance imaging (MRI). It is the only way to obtain clear images for diagnosis. Up to now, it was therefore almost impossible to image moving organs using MRI. Max Planck researchers from G-ttingen have now succeeded in significantly reducing the time required for recording images - to just one fiftieth of a second.

30 Aug 2010

Some small businesses look forward to health care tax credits

Word of new tax credits for some small businesses continued to make the rounds in news reports this weekend, as business owners seek to make sense of it details.

30 Aug 2010

Cannabis Science seeks entry into European medical cannabis market

Cannabis Science Inc., a pioneering US biotech company developing pharmaceutical cannabis products, is pleased to announce that the Company is currently raising working capital in the European market and pursuing listings on the Frankfurt and other major European exchanges.

30 Aug 2010

Canada hosts 13th World Congress On Pain

The Canadian Pain Society (CPS) eagerly welcomes leading pain experts from across Canada and around the globe to the 13th World Congress on Pain in Montreal, Quebec, from August 29 to September 2. Hosted by the International Association for the Study of Pain (IASP), more than 6,000 pain professionals will gather to share their thoughts, research and best treatment practices concerning this throbbing public health issue.

30 Aug 2010

ThermoGenesis sells two BioArchive Systems to HealthBanks Biotech

ThermoGenesis Corp., a leading supplier of innovative products and services that process and store adult stem cells, said today it has sold two BioArchive® Systems to HealthBanks Biotech Company, Ltd..

30 Aug 2010

Smoked cannabis relieves chronic neuropathic pain

The medicinal use of cannabis has been debated by clinicians, researchers, legislators and the public at large for many years as an alternative to standard pharmaceutical treatments for pain, which may not always be effective and may have unwanted side effects. A new study by McGill University Health Centre (MUHC) and McGill University researchers provides evidence that cannabis may offer relief to patients suffering from chronic neuropathic pain.

30 Aug 2010

Lifechek Drug selects Activant Eagle software platform as business management and POS solution

Activant Solutions Inc., a leading provider of retail and distribution business management solutions, today announced that Lifechek Drug Inc. has selected the Activant Eagle® software platform to be its business management and Point-of-Sale (POS) solution. Lifechek executives selected the Activant Eagle solution as part of a greater effort to improve and expand its front store retail business.

30 Aug 2010

Biomagnetics to acquire Lanzhou New Sunshine Plastics Industry

Biomagnetics Diagnostics Corp., a developer of revolutionary diagnostic systems and technology for HIV, hepatitis, tuberculosis and malaria detection, and other innovative technologies, today announced the signing of a Letter of Intent (LOI) with Lanzhou New Sunshine Plastics Industry LTD. This expected acquisition is the fourth planned acquisition targeted at a share price of US $1.50 for Biomagnetics Diagnostics' common shares.

30 Aug 2010

Health IT: New Medicaid rules, a race for meaningful use, fraud prevention

Instructions for state Medicaid directors to distribute some of the funding for electronic medical records through their programs beginning next year have been circulated by the federal Centers for Medicare & Medicaid Services, American Medical News reports. "The incentive program stipulates that the federal government will pay the full cost of Medicaid bonuses to eligible physicians who adopt certified EMR technology in a way that meets the government's 'meaningful use' criteria.

30 Aug 2010

XIFIN ranked #1,447th on Inc. 5000 list of fastest-growing private companies

XIFIN Inc., the leading provider of revenue cycle management for diagnostic service providers, today announced that the company has been named to the 2010 Inc. 5000 list of fastest-growing private companies for the fourth consecutive year, ranking 1,447th. The company ranked No. 96 in Top Software Companies, and No. 34 in Top Companies in the San Diego Metro Area. The list is widely regarded to include the most innovative and entrepreneurial companies in the nation.

30 Aug 2010

BioMarin's BMN-701 receives FDA orphan drug designation for treatment of Pompe disease

BioMarin Pharmaceutical Inc. announced today that it has received orphan drug designation from the U.S. Food and Drug Administration (FDA) for BMN-701, a novel fusion of insulin-like growth factor 2 and alpha glucosidase (IGF2-GAA) in development for the treatment of Pompe disease. An investigational new drug application (IND) for BMN-701 has been submitted, investigational material has been manufactured and a Phase I/II study is expected to start in the first quarter of 2011.

30 Aug 2010

AMA supports recommended medical loss ratio rules

The American Medical Association and state medical societies are supporting a proposal by the National Association of Insurance Commissioners on what expenditures insurers can consider medical spending under the new health law.

30 Aug 2010

Lineagen completes $10.8 million Series A financing

Lineagen, Inc., a developer of innovative genomic tests and services for the screening, evaluation and diagnosis of complex disorders and diseases including autism spectrum disorders and others, today announced that PrairieGold Venture Partners has joined Lineagen's existing institutional venture investors in a further $5 million closing of its Series A round, which completes Lineagen's $10.8 million Series A financing.

30 Aug 2010

Perfadex improves survival in lung tranplant patients: Study

A recently published study in The Journal of Heart and Lung Transplantation shows that the patients who are most seriously ill before lung tranplantation have better one-year survival when Perfadex is used as the preservation solution for donor lungs compared with UW solution. Furthermore, the patients who received lungs preserved in Perfadex ran a significantly lower risk of being affected by rejection reactions requiring treatment.

30 Aug 2010

HealthInfoNet partners with HLI to implement HIE statewide

HealthInfoNet, the nonprofit organization managing the Health Information Exchange for the State of Maine, today announced that it is partnering with Health Language, Inc., the global leader in medical terminology management, as it transitions from a two-year demonstration project to a full statewide HIE implementation. Health Language will support the Maine HIE's clinical content integration strategy during this expansion.

30 Aug 2010

BDSI's Phase 2 study results of BEMA Buprenorphine selected for presentation at Pain Week 2010

BioDelivery Sciences International, Inc. announced today that its abstract showing the results of a Phase 2 clinical study of BEMA Buprenorphine in the treatment of pain has been selected for oral presentation at Pain Week 2010, a national conference educating frontline clinicians who are faced with treating patients with pain. The presentation will take place on Friday, September 10, as part of the 7:00 - 9:00 AM podium presentation session.

30 Aug 2010

Positron to host special ASNC 2010 symposium focusing on cardiac PET

Positron Corporation is pleased to announce K. Lance Gould M.D. as the keynote speaker for their upcoming cardiac PET symposium, held at the American Society of Nuclear Cardiology annual meeting, September 23-26 in Philadelphia, PA.

30 Aug 2010