Equipment and Services Health Care Providers and Services

  • Sept 21- The United States could save at least $15.5 billion in annual healthcare spending if malnutrition caused by chronic diseases is better addressed, according to a study. The study, conducted by Abbott Laboratories' nutrition division and the University of Illinois, noted one in three patients who arrive at a U.S.-hospital suffer from malnutrition.

  • Valeant's statement comes after Bloomberg reported that some medical centers had yet to see a cent of savings on Nitropress or Isuprel. The Canadian drugmaker announced in May it would raise discounts to hospitals on the heart drugs to as much as 40 percent off list prices after shareholder William Ackman pledged to revisit controversial price increases on...

  • Under so-called seamless conversion, an insurer can seek permission from the Centers for Medicare& Medicaid to auto-enroll members of its non- Medicare insurance plans when they reach 65, the age of Medicare eligibility. Auto-enrollment might be convenient, but it short circuits one of the most important choices to be made when signing up for Medicare-...

  • *IBA to expand workforce by a third. LOUVAIN LA NEUVE, Belgium, Sept 1- When Yves Jongen stood at the controls of his proton therapy machine fifteen years ago to treat a cancer patient for the first time he was petrified. Proton therapy made the front pages in Britain last year when five-year-old Ashya King was removed from hospital by his parents, against the advice...

  • *IBA to expand workforce by a third. LOUVAIN LA NEUVE, Belgium, Sept 1- When Yves Jongen stood at the controls of his proton therapy machine fifteen years ago to treat a cancer patient for the first time he was petrified. Proton therapy made the front pages in Britain last year when five-year-old Ashya King was removed from hospital by his parents, against the advice...

  • Executive Edge: The Uber of pediatricians

    Baby Doctor co-founders Shachar Golan and Dania Rumbak discuss their on-demand health care startup that connects doctors and parents for pediatric house calls in Manhattan.

  • Aug 31- Express Scripts Holding, the largest U.S. pharmacy benefit manager, said on Wednesday it will implement a program next year that guarantees per-patient spending caps on diabetes drug costs in an effort to limit soaring increases for its customers. "If they go over the cap, we're on the hook dollar for dollar," Glen Stettin, chief innovation officer at Express...

  • Aug 29- Walgreens Boots Alliance Inc said it would partner with pharmacy benefit manager Prime Therapeutics to reduce drug procurement costs. The companies will combine their central specialty pharmacy and mail order service businesses and introduce a new retail pharmacy network that will give Prime Therapeutics' customers access to Walgreens' pharmacy...

  • Aug 29- Walgreens Boots Alliance Inc said it would combine its central specialty pharmacy and mail service businesses with pharmacy benefit manager Prime Therapeutics, as part of a long-term agreement.

  • Aug 24- PharMerica Corp, a U.S. pharmacy manager for long-term care facilities, is exploring strategic alternatives including a potential sale, according to people familiar with the matter. The move comes five years after PharMerica received an unsolicited bid from rival Omnicare Inc, which subsequently backed off from a hostile takeover after the U.S....

  • Honor CEO: Reinventing senior care

    Seth Sternberg, Honor co-founder & CEO, discusses his plans to disrupt the multi-billion dollar home care business by offering on-demand senior care.

  • Aug 3- Banner Health, a non-profit organization that runs a chain of hospitals, said hackers may have gained unauthorized access to patient, physician and beneficiary data. The hackers may have gained unauthorized access to computer systems that process payment card data at food and beverage outlets at some Banner Health locations, the company said on...

  • TORONTO, Aug 2- Canada's main stock index fell on Tuesday, with energy stocks slumping 2 percent as fears of an oil supply glut haunted investors, while banks also weighed on sentiment. Canada's stock market was closed on Monday for a public holiday. At 10:32 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index was down 103.2 points, or 0.71 percent, to...

  • Tenet also said it had reached an agreement in principle with the U.S. Department of Justice to pay $514 million to settle the previously disclosed investigation into alleged kickbacks for referring primarily undocumented pregnant Hispanic women for labor and delivery services at four of its hospitals in Georgia and South Carolina.

  • The third-largest U.S. for-profit hospital chain cited an agreement in principle with the U.S. government to settle, for $514 million, the previously disclosed probe into services provided to Hispanic patients referred to its hospitals. The company reported a net loss from continuing operations of $44 million, or 44 cents a share, compared with a net loss of $60...

  • Aug 1- Tenet Healthcare Corp on Monday posted a net loss in the second quarter, hurt by litigation-related costs. The third-largest U.S. for-profit hospital chain cited an agreement in principle with the U.S. government to resolve a previously disclosed investigation into services provided to Hispanic patients who were referred to four of its hospitals.

  • July 28- Eli Lilly and Co said it received a civil investigative demand from the U.S. attorney's office for the southern district of New York, requesting documents and information relating to contracts with pharmacy benefit managers. Pharmacy benefit managers, which administer drug benefits for employers and health plans and also run large mail-order...

  • July 28- Eli Lilly and Co said it received a civil investigative demand from the U.S. attorney's office for the southern district of New York, requesting documents and information relating to contracts with pharmacy benefit managers.

  • *Sets aside reserve of $300 mln related to Health Net ops. July 26- Centene Corp's chief executive said the mid-cap health insurer did not have the network for the Medicare Advantage assets Aetna Inc or other large managed care companies are looking to sell as part of the industry-wide consolidation. Neidorff said Centene's target customers for Medicare...

  • Although acquiring these companies would not produce the big boost to earnings sought by the planned mega mergers, they would offer a foothold in markets likely to grow rapidly in coming years, such as Medicaid health plans for the poor and Medicare Advantage coverage for the elderly. Both Molina and Centene have large exposure to private Medicaid plans, a more...