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Boston Scientific earnings socked by litigation, acquisition charges
By John N. Frank | July 24, 2014 | Basic Web Basic Web Subscription Details
Boston Scientific Group reported second quarter net income of only $4 million because of several charges related to acquisitions and divestitures, along with litigation and restricting charges but pointed to a 4% jump in revenue as a positive development for the medical device maker. Without the...
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Medical-loss ratio prompted insurers to refund $332 million last year
By Bob Herman | July 24, 2014 | Basic Web Basic Web Subscription Details
A federal rule requiring health insurers to spend a minimum percentage of premium dollars on medical care led to more than $332 million in rebates last year, according to HHS.
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Share your thoughts on today's doc news
By Modern Physician | July 24, 2014 | Basic Web Basic Web Subscription Details
Comment on today's news and share your opinions with other readers. Submit your letter to the Modern Physician Reader Forum at moddoc@crain.com. Submissions must include name, title, affiliation, city and state. Modern Physician reserves the right to edit all...
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Tell us what you think
July 24, 2014 | Basic Web Basic Web Subscription Details
Click here to comment on today's news or other matters. Or submit your comments below.
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Share your thoughts on today's health IT news
July 24, 2014 | Basic Web Basic Web Subscription Details
Comment on today's news and share your opinions with other readers. Submit your letter to the HITS Reader Forum at hitsdaily@modernhealthcare.com. Submissions must include name, title, affiliation, city and state. Health IT Strategist reserves the...
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Gilead reports massive Q2 earnings jump thanks to Sovaldi
By Virgil Dickson | July 23, 2014 | Basic Web Basic Web Subscription Details
Gilead Science's second-quarter earnings blew through year-ago levels, thanks in part to its blockbuster, and controversial, hepatitis C drug Sovaldi.
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News
10.3 million gained insurance under Obamacare: study
By Paul Demko | July 23, 2014 | Basic Web Basic Web Subscription Details
About 10.3 million Americans have gained insurance coverage since the full implementation of Obamacare last year, according to an analysis published Wednesday in the New England Journal of Medicine.
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News
Working around exchange subsidy ruling should be easy: experts
By Darius Tahir and Paul Demko | July 23, 2014 | Basic Web Basic Web Subscription Details
Tuesday's split decision in two federal appellate court cases over whether consumers shopping on the federal insurance exchange can receive premium subsidies could have major effects on the healthcare market. But some experts say officials in states that have not established their own state-run...
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Suit alleges Tennessee put Medicaid applicants in limbo by steering them to HealthCare.gov
By Beth Kutscher | July 23, 2014 | Basic Web Basic Web Subscription Details
Tennessee residents who faced lengthy delays when they applied for Medicaid are now suing the state for failing to process their applications in a timely manner.
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Vital Signs
Outcomes pioneer memorialized nearly 74 years after his death
By Sabriya Rice | July 23, 2014
The grave of a Boston surgeon considered by many to be a pioneering advocate for tracking patient outcomes and acknowledging medical errors was memorialized Tuesday by the American College of Surgeons.
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