Health Care Facilities
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*Q4 EPS of 92 cents excluding legal costs tops analysts' 82 cents view. Net income fell to $314 million, or 68 cents per share, compared with $1.94 billion, or $4.25 a share, a year earlier, when one-time gains from facilities sales and an investment boosted earnings.
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Feb 5- HCA Holdings Inc, the largest U.S. for-profit hospital operator, reported lower fourth-quarter net earnings, reduced by costs to settle legal claims. Net income fell to $314 million, or 68 cents per share, compared with $1.94 billion, or $4.25 a share, a year earlier, when one-time gains from facilities sales and an investment boosted earnings.
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Feb 4- The Obama administration on Monday proposed eliminating certain obsolete Medicare regulations, a move it said would save hospitals and other healthcare providers an estimated $676 million a year, or $3.4 billion over five years.
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WASHINGTON, Jan 22- Moody's Investors Service said on Tuesday its outlook for U.S. not-for-profit hospitals will remain negative in 2013, marking the fifth year the rating agency has expressed concerns about the sector.
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Making the health care system function better could save $2 trillion on health costs over the next decade, Dr. David Blumenthal, Commonwealth Fund president, told CNBC on Friday.
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Dr. David Blumenthal, Obama health care expert and Harvard Medical School professor, shares his plan to overhaul the U.S. health care system, which would save $2 trillion, he says.
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NEW YORK, Dec 27- The NYU Langone Medical Center in New York City partially reopened its inpatient facilities on Thursday, nearly two months after it was flooded by Superstorm Sandy and sustained damages that could exceed $1 billion.
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Toby Cosgrove, CEO & president at The Cleveland Clinic, explains how "fiscal cliff" cuts could severely impact the health care industry.
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Thursday is US Day. Ugly Sweater Day. The day I wear not one but two ugly holiday sweaters as part of a campaign to raise awareness and money for StandUp2Cancer.
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Greek hospitals are in such dire straits that staff are failing to keep up basic disease controls such as using gloves and gowns, threatening a rise in multi-drug-resistant infections, according to Europe's top health official.
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LONDON, Dec 4- Greek hospitals are in such dire straits that staff are failing to keep up basic disease controls such as using gloves and gowns, threatening a rise in multi-drug-resistant infections, according to Europe's top health official.
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LONDON, Dec 4- Greek hospitals are in such dire straits that staff are failing to keep up basic disease controls like using gloves and gowns, threatening a rise in multi-drug-resistant infections, according to Europe's top health official.
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*HMA denies admissions quotas, Medicare fraud. "Neither 60 Minutes nor the physicians interviewed identified any admission decision in which a physician's medical judgment was overridden by an HMA executive, much less to defraud Medicare," HMA said.
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"A Health Management review shows there is no basis for an allegation admissions through our emergency department increased," Alan Levine, a senior vice president and Florida group president at Health Management, said during the call. He defended its testing procedures and said Health Management followed industry standards.
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*Medtronic, Pew want final rule adopted before Jan. 1. WASHINGTON, Nov 28- A major U.S. medical device maker and a leading public interest group are urging the U.S. government to move quickly to adopt a new rule requiring manufacturers to disclose their financial ties to physicians and teaching hospitals.
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The world is rapidly aging. A whopping two billion people will be 60 years and older by 2050, more than triple the number in 2000.
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We've come up with a list of countries with the starkest gap between the number of old and the number of young. Find out which countries have the biggest gap between old and young.
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The managing partner of Google's venture capital, Bill Maris, says under-investment in health sciences is short-sighted.
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The goal is to enable physicians and pharmaceutical companies to use complex genetic data to tailor treatment on an individual basis, according to Mike Pellini, CEO of Foundation Medical.
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Qualcomm's CEO Paul Jacobs says the smart phone will become a focal point for wirelessly connecting medical devices, diagnostics and sensors, and providing near real-time information.