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Medtronic compelled to stop production of drug pump

Medtronic compelled to stop production of drug pump

By Steven Ross Johnson  |  April 27, 2015

Medtronic must stop making and selling its implantable infusion drug pump under a consent decree with federal regulators who say the company failed to ensure the product was safe.

Blog: Should Medicare make the switch to electronic cards?

Blog: Should Medicare make the switch to electronic cards?

By Bob Herman  |  April 27, 2015

Medicare could benefit by moving to a system of electronic cards, according to a report from the Government Accountability Office. But such a switch could be costly for providers and create a host of problems with current electronic health records.

Mylan rejects Teva's $40.1 billion buyout bid

By Associated Press  |  April 27, 2015

Mylan rejected Teva Pharmaceuticals' $40.1 billion buyout offer, saying the cash-and-stock proposal undervalues the company. The rejection comes as both Mylan and Teva look to further consolidate an increasingly competitive generic drug industry.

Lancaster General to join Penn Medicine

By Adam Rubenfire  |  April 27, 2015

Lancaster (Pa.) General Health, a single-hospital system about 70 miles west of Philadelphia, will become a part of the University of Pennsylvania Health System.

Medicaid saves billions more than Medicare from drug rebates

Medicaid saves billions more than Medicare from drug rebates

By Virgil Dickson  |  April 27, 2015

A federal law that limits the amount of money Medicare can recoup in drug rebates means the CMS is saving billions more on drugs for Medicaid beneficiaries than for those in Medicare's Part D prescription drug program.

Hospitals paying more for electric beds

By Adam Rubenfire  |  April 27, 2015

The average price that healthcare facilities paid for electric beds was 45% higher in February compared with the same month last year. The increase was fueled by interest in beds designed for intensive-care units, according to the Modern Healthcare/ECRI Institute Technology Price Index.

Blog: Rating a politician's claim that Medicaid kills

By Harris Meyer  |  April 27, 2015

One of Florida's most powerful Republicans reportedly is using the results of a narrow study focusing on surgical outcomes to insinuate that extending Medicaid to more Americans increases their chances of dying.

Top-paid healthcare CEOs see pay grow faster than profits

Top-paid healthcare CEOs see pay grow faster than profits

By Melanie Evans  |  April 25, 2015

Total compensation for some of the highest-paid CEOs in the healthcare industry increased faster than their companies' profits last year, a Modern Healthcare analysis of the first firms to report executive pay found.

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