NEW YORK-- BioScrip Inc. plans to expand its drug infusion business with a $223 million acquisition of CarePoint, which administers drugs to patients in their homes and other locations outside of hospitals. BioScrip expects about $160 million in annual revenue from CarePoint, while BioScrip posted $663 million in revenue in 2012..» Read More
PHILADELPHIA-- The U.S. health secretary said she won't intervene in an "incredibly agonizing" transplant decision about a dying Pennsylvania girl, noting that three other children in the same hospital are just as sick. Health and Human Services Secretary Kathleen Sebelius told a congressional panel Tuesday that medical experts should make those decisions.
*Gary Newsome to lead Mormon mission in Uruguay. May 28- Hospital operator Health Management Associates Inc said on Tuesday its Chief Executive Gary Newsome would retire effective July 31, and its board of directors has begun a search for his replacement.
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.
*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.
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.
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.
*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.
*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.
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.
With five months until 2014 open enrollment starts, the picture's a little clearer in some of the 16 states that are building their own health exchange marketplaces, with CNBC's Bertha Coombs.
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.
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.
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.
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.
In the U.S. volumes at hospitals, in-patient and out-patient are soft, "said David Heupel, senior healthcare analyst at Thrivent Investment Management.
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.
A new study that estimates hospitals can expect to see a 25 percent growth in revenues from Medicaid money.
NEW YORK, March 21- Walk-in clinics are popping up in shopping malls and main streets across the United States and private equity is helping fund the expansion. The number of such clinics in the United States climbed almost 20 percent to 9,400 in the last four years, according to the Urgent Care Association of America.
A baby girl in Mississippi who was born with HIV has been cured after very early treatment with standard HIV drugs, U.S. researchers reported on Sunday.
Feb 26- Tenet Healthcare Corp on Tuesday reported a fourth-quarter profit versus a year-ago loss as outpatient hospital visits increased and said it sees health reform next year will have a positive impact on earnings. "We see a lot of upside in our markets," Tenet Chief Executive Trevor Fetter said on a conference call.