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Information
Medtronic rises on better-than-expected 4Q results
By Associated Press | May 21, 2013
Medtronic shares rose 5% Tuesday after the company reported better-than-expected fourth quarter earnings on sales of implantable heart defibrillators and pacemakers.The devicemaker also confirmed it is eliminating 2,000 jobs worldwide, including 500 in Minnesota.
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Not-for-profit healthcare providers move to ease pension burdens
By Beth Kutscher | May 21, 2013 | Basic Web Basic Web Subscription Details
Not-for-profit healthcare providers are making a number of changes to decrease the burden of underfunded pension obligations, including making sweeping changes to their retirement plans and investment strategies.
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Actavis buying Warner Chilcott in $8.5B deal
By Michelle Chapman / Associated Press | May 20, 2013
Actavis is buying Warner Chilcott in an all-stock transaction valued at about $8.5 billion which would create the third-biggest specialty pharmaceutical company in the U.S.
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Analysis shows funding gap for LSU hospital privatization deals
By Associated Press | May 18, 2013
The first three LSU hospital privatization deals appear to use up 94% of the funding Louisiana Gov. Bobby Jindal's administration set aside for eight such arrangements, budget analysts told senators.
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Magazine
Reform on the agenda | HFMA conference to explore repercussions of ACA
By Beth Kutscher | May 18, 2013 | Print Magazine Print Magazine Subscription Details
Financial executives will gather next month in Orlando, Fla., at the Healthcare Financial Management Association's Annual National Institute to discuss the continuing reverberations from healthcare reform.
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Reform Update: IRS controversy reaches ACA
By Jonathan Block | May 16, 2013 | Basic Web Basic Web Subscription Details
The tentacles of the Internal Revenue Service controversy have reached the Patient Protection and Affordable Care Act. On Wednesday, Sen. Dean Heller (R-Nev.) introduced legislation, the IRS Accountability Act, to halt funding to the IRS for new agents enforcing the ACA.
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Drug firms stalk Actavis deal
By Wall Street Journal | May 16, 2013
A heated takeover battle has erupted around generic-drug company Actavis as industry players seek to shore themselves up amid increasing competition and fewer new knock-off-drug opportunities.
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Stem cells recovered from cloned human embryos
By Associated Press | May 16, 2013
Scientists have finally recovered stem cells from cloned human embryos, a long-standing goal that could lead to new treatments for such illnesses as Parkinson's disease and diabetes.
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News
Senate confirms Tavenner as CMS administrator
By Rich Daly | May 15, 2013 | Basic Web Basic Web Subscription Details
Marilyn Tavenner was easily confirmed Wednesday as the first permanent CMS administrator since 2006.
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CMS tightens focus with next round of innovation awards
By Jessica Zigmond | May 15, 2013 | Basic Web Basic Web Subscription Details
The CMS Innovation Center will apply a more focused approach for the second round of the healthcare reform law's Health Care Innovation Awards that the agency announced Wednesday.
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