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Supply chain decisions become more strategic as costs, outcomes are weighed

By Jaimy Lee | August 05, 2013 | Basic Web

The hospital supply chain is becoming more strategic and taking a more prominent role in guiding decisions that weigh clinical outcomes against the costs of medical supplies, devices and prescription drugs. But it still has a long way to go.
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Digital Insurance acquires Strategic Employee Benefit Services

By Joseph Conn | August 05, 2013 | Basic Web

Digital Insurance, an Atlanta-based online health insurance agency and employee benefits consultancy has announced the acquisition of Strategic Employee Benefit Services, with offices in Wellesley and Springfield, Mass., and Providence, R.I.
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West Penn reports $47.9 million operating loss

By Pittsburgh Post-Gazette | August 02, 2013

West Penn Allegheny Health System posted a $47.9 million operating loss for its fourth quarter ended June 30, a new state filing shows.
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Cerner seeks tax breaks for corporate office

By Joseph Conn | August 02, 2013 | Basic Web

Health information technology systems developer Cerner Corp. went mall shopping for another corporate office complex, but is waiting on tax breaks from local government before it goes through with the deal.
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HCA's 2nd quarter earnings grew 8.2%

By Ashok Selvam | August 01, 2013 | Basic Web

HCA released its final second-quarter results revealing an 8.2% increase in profits on a 4.2% increase in total revenue compared to the second quarter a year ago.
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Cigna profit exceeds expectations; low costs help

By Reuters | August 01, 2013

Cigna Corp, which provides U.S. and overseas health insurance, as well as disability and life insurance, on Thursday reported a second-quarter profit that beat analysts' expectations on low medical costs and higher revenue.
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Catamaran to buy Restat for almost $410 million

By Crain's Chicago Business | August 01, 2013

Pharmacy benefit manager Catamaran Corp. said it has agreed to buy Restat for $409.5 million.
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Whistle-blower lawsuit says Tenet, HMA defrauded Medicaid

By Kate Brumback / Associated Press | August 01, 2013

A lawsuit says Tenet and Health Management Associates paid clinics to direct expectant mothers living in the U.S. illegally to their hospitals and filed fraudulent Medicaid claims on those patients.
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Humana posts 18% increase in profit

By Bruce Schreiner / Associated Press | July 31, 2013

Humana said Wednesday its second-quarter profit rose by 18%, beating Wall Street forecasts, as the health insurer reported broad performance gains led by climbing enrollment in its Medicare Advantage and prescription drug plans.
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Accenture Federal Services to acquire ASM Research

By Rachel Landen | July 31, 2013 | Basic Web

Accenture Federal Services, a wholly owned subsidiary of Accenture, the global management consulting, technology services and outsourcing company, has announced that it will acquire ASM Research.
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