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Peter Wilmshurst, Portfolio Manager, Templeton Global Equity Group at Franklin Templeton Investments tells CNBC's Cash Flow why he likes pharmaceutical stocks at the moment.
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WASHINGTON, May 21- The pension gap at U.S. not-for-profit hospitals is growing, according to a Moody's Investors Service report released on Tuesday that found the low interest rate environment is contributing to the shortfall.
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*Pilot scheme in Jakarta triggered overcrowding at hospitals. JAKARTA, May 20- When a sick Indonesian baby died after 10 hospitals in Jakarta turned her family away in February, critics blamed a pilot health insurance scheme that had overwhelmed the city's public hospitals.
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WASHINGTON, May 15- The U.S. Senate on Wednesday confirmed Marilyn Tavenner, a former nurse and hospital company executive, as the first full-fledged administrator for the Medicare and Medicaid healthcare programs since 2006.. Medicare program and Medicaid are also on the firing line for potential deficit reduction.
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.160x105.jpg?v=1368113691 "Execs' Cushy Health Insurance May Trigger Fines")
Under Obamacare, employers offering more generous benefits to highly paid workers could face fines of $100 a day for every worker who doesn't get the perks, up to $500,000.
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In Denver, Colorado, for instance, treatment for heart failure ranges from $21,000 to $46,000, according to the data on services used in the 100 common hospital stays covered by the Medicare program for the elderly and disabled. In Jackson, Mississippi, fees for the same treatment range from $9,000 to $51,000.
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*CEO expects Texas to expand Medicaid eventually. NEW YORK, May 7- Tenet Healthcare Corp sees its hospitals playing a role in signing up uninsured Americans for President Barack Obama's healthcare overhaul, particularly in states that are balking at implementing the reform.
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*FDA sees long-term consequences in recruitment, future leadership. Participants at the Reuters Health Summit in New York this week spoke to the immediate impact of $85 billion in automatic government-wide budget cuts that began on March 1.
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Keith Smith, Co-founder, Managing Partner at the Surgery Center of Oklahoma says that all funds are channeled to patient care, helping his team deliver quality healthcare and low costs.
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April 30- CVS Caremark Corp is set to provide pharmacy benefit and other services for 1.1 million CareFirst BlueCross BlueShield members starting next year, a deal that could represent about $1 billion in annual spending on medications and boost CVS' profit by a penny per share, an industry analyst said.
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April 30- Tenet Healthcare Corp on Tuesday posted a first-quarter net loss on a decline in admissions, the latest U.S. hospital operator to report a slowdown in patient visits. Hospital groups HCA Holdings Inc, Community Health Systems Inc and Health Management Associates Inc have all warned that admissions were weak in the first quarter.
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Hospital groups HCA Holdings Inc, Community Health Systems Inc and Health Management Associates Inc have all warned that admissions were weak in the first quarter. Tenet, the No. 3 for-profit U.S. hospital chain, said its first-quarter net loss was $88 million, or 85 cents a share, compared with net income of $58 million, or 53 cents a share, a year earlier.
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April 30- Tenet Healthcare Corp on Tuesday posted a first-quarter net loss on a decline in admissions, becoming the latest U.S. hospital operator to report a slowdown in patient visits. Tenet confirmed its outlook for full-year 2013 adjusted earnings before tax, interest, depreciation and amortization of $1.325 billion to $1.425 billion.
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April 29- Express Scripts Holding Co on Monday reported higher-than-expected first-quarter earnings, helped by greater use of more profitable generic medicines, and the pharmacy benefit manager raised its full-year forecast.
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April 29- Express Scripts Holding Co on Monday reported higher-than-expected first-quarter earnings, helped by greater use of more profitable generic medicines, and the pharmacy benefit manager raised its full-year forecast.
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The rise of "superbugs," and pressure from the government and insurers, is driving hospitals to try all sorts of new approaches to stop their spread.
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In the U.S. volumes at hospitals, in-patient and out-patient are soft, "said David Heupel, senior healthcare analyst at Thrivent Investment Management.
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UnitedHealth Group said on Thursday that its first-quarter profit had fallen, in part because of lower U.S. government payments for its private Medicare services and prescription plans for older Americans.
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In addition to superbugs' deadly human toll, associated health costs run into the billions. Some warn that we may never win our war against them as research tapers off.
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A new study indicates that Obama's health care overhaul will result in a 32 percent claims cost increase which could translate into higher premiums for Americans.
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