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Health Care Providers and Services

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  • COLUMN-Add bite to your retirement dental plan Thursday, 16 Jul 2015 | 7:00 AM ET

    Retirees transitioning to Medicare are often surprised to learn that the program does not cover routine dental care or more complex procedures. But most seniors just pay for dental care out of pocket- the mean expense for Americans age 65 and older was $870 in 2012, according to the Agency for Healthcare Research and Quality, a research arm of the U.S. Department...

  • July 3- A medical transport helicopter crashed during a take-off on Friday in Colorado, killing the pilot and seriously injuring two others on board, authorities said. The Flight for Life Helicopter was taking off early afternoon from St. Anthony Summit Medical Center in Frisco, about 70 miles west of Denver, when it crashed, according to Lake Dillon Fire-Rescue...

  • Pfizer Inc, the largest U.S. drugmaker, for example reported more than $234.2 million in research payments and another $53.3 million in general payments. John Diliberti, a pediatric geneticist from Illinois, collected nearly $447,000 from Pfizer in consulting fees last year, the biggest single payment to an individual doctor by the drugmaker.

  • TORONTO, June 29- A CIBC Wood Gundy investment adviser is pushing Extendicare Inc, a Canadian operator of senior care centers, to pay a special dividend of at least C $100 million and make other changes following the sale of its U.S. business. Markham, Ontario- based Extendicare has been narrowing its geographic focus to long-term senior care centers in Canada.

  • NEW YORK, June 25- The U.S. hospital and health insurance industries breathed a collective sigh of relief on Thursday after the U.S. Supreme Court upheld subsidies for individuals under President Barack Obama's signature healthcare law. Health economists have estimated $15 billion to $22 billion in healthcare spending was at risk with the decision.

  • NEW YORK, June 25- The U.S. hospital industry breathed a collective sigh of relief on Thursday after the U.S. Supreme Court upheld subsidies for individuals under President Barack Obama's signature healthcare law. Among hospitals, shares of Community Health Systems were up 12.8 percent at $62.33, while shares of HCA Holdings rose 8.7 percent to $90.61 and Tenet...

  • NEW YORK, June 25- U.S. hospital shares surged, with several hitting all-time highs, and other healthcare names rallied on Thursday after the U.S. Supreme Court upheld tax subsidies key to President Barack Obama's signature healthcare law. Among hospitals, shares of Community Health Systems were up 9.3 percent at $60.44 after earlier touching a record high of...

  • Are India's medical schools broken? Tuesday, 16 Jun 2015 | 8:37 PM ET

    India's system for training doctors is plagued by fraud and unprofessional teaching practices, worsening public health issues, Reuters reports.

  • June 11- HealthSouth Corp said it would buy a private rehabilitation hospital operator for $730 million in cash to expand its post-acute care business into new markets. The acquisition of Reliant Hospital Partners will strengthen HealthSouth's position in the Houston, Dallas-Fort Worth and Austin, Texas markets, while giving it new locations in Abilene,...

  • HealthSouth to buy rehab hospital operator for $730 mln Thursday, 11 Jun 2015 | 8:14 AM ET

    June 11- Post-acute care service provider HealthSouth Corp said it would buy a private rehabilitation hospitals operator for $730 million in cash. Reliant Hospital Partners LLC operates a portfolio of 11 in-patient rehabilitation hospitals in Texas, Massachusetts and Ohio, and three in-patient satellite locations in Massachusetts with a total of 902...

  • WASHINGTON, June 10- The U.S. economy was probably not as weak as has been reported in the first quarter, with data on Wednesday showing slightly stronger consumer spending than previously estimated. The Commerce Department's quarterly services survey, or QSS, showed consumption, including healthcare spending, increased at a faster clip than the government...

  • Renee Hsia of the University of California, San Francisco, who has studied hospital charges but was not involved in this research. "That results in higher premiums for auto insurance and for employers who pay into workers' comp," said study co-author Ge Bai of Washington& Lee University. She and Gerard Anderson of Johns Hopkins Bloomberg School of Public Health...

  • NEW YORK, June 8- A study released on Monday found that the 50 priciest U.S. hospitals charged some patients more than 1,000 percent of what Medicare considers the cost of procedures. North Okaloosa Medical Center 1,260%. Paul B Hall Regional Medical Center 1,250%.

  • SHANGHAI, June 5- China will allow patients to claim medical insurance for visits to private hospitals, its main administrative authority said, marking the latest move from Beijing to ease pressure on the country's over-burdened public healthcare system. "In order to satisfy everyone's diverse healthcare needs, we are lowering the threshold for private...

  • June 4- Evolent Health Inc's initial public offering has been priced at $17 per share, an underwriter told Reuters late on Thursday, valuing the healthcare software maker at about $950 million. Evolent was founded in 2011 by its top two investors, the University of Pittsburgh Medical Center and healthcare research firm Advisory Board Co..

  • *Deal values Omnicare at $12.7 bln, including $2.3 B debt. May 21- Drugstore operator CVS Health Corp said Thursday it will spend $10.1 billion to buy Omnicare Inc, a company that supplies prescription medicines to nursing, assisted living and other healthcare facilities. They could renegotiate their supply contracts given the volume, "said FBR analyst Steven...

  • JOHANNESBURG, May 21- South Africa's biggest private hospital group Mediclinic International reported a sharp slowdown in earnings growth on Thursday as regulations squeezed the profit margin of its Swiss unit. Mediclinic said its Hirslanden unit, the largest private hospital network in Switzerland, was hit by an adjustment of the national outpatient...

  • SEATTLE, May 12- A Seattle hospital has joined a lawsuit against the manufacturer of endoscopy medical scopes linked to a "superbug" outbreak at the medical center, claiming the company, Olympus America, put patients lives at risk by failing to disclose design flaws. Between 2012 and 2014, at least 32 patients at Virginia Mason Medical Center were infected with...

  • SEATTLE, May 12- A Seattle hospital has joined a lawsuit against the manufacturer of endoscopy medical scopes linked to a "superbug" outbreak at the medical center, claiming the company, Olympus America Inc., put patients lives at risk by failing to disclose design flaws. Between 2012 and 2014, at least 32 patients at Virginia Mason Medical Center were infected...

  • Ebola survivor's eye still teeming with virus Friday, 8 May 2015 | 3:55 PM ET
    Dr. Steven Yeh, an ophthalmologist, examined Dr. Ian Crozier in March, five months after Dr. Crozier's initial recovery from Ebola.

    Ian Crozier, who survived Ebola, calls himself a poster child for 'post-Ebola syndrome,' which is also being reported in W. Africa, NYT reports.