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News
2012 may have been 'high water mark' for hospital finances, Fitch says
By Melanie Evans | August 13, 2013
| Basic Web
The operating performance of not-for-profit hospitals and health systems rated by Fitch Ratings improved in 2012. But last year may be the “high water mark” for hospital finances as demand from patients grows increasingly weak and reimbursement cuts continue, a Fitch analyst warns.
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Reform Update: Sebelius open to talks on care for poor
By Steven Ross Johnson | August 13, 2013
| Basic Web
As political debate continues in nearly half of the states in the country over whether to expand their Medicaid programs, HHS Secretary Kathleen Sebelius said Monday that her agency was open to discussing with state leaders their proposals on how to provide healthcare to their poorest residents.
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Surescripts adds 19 information exchanges to its network
By Joseph Conn | August 13, 2013
| Basic Web
Surescripts, the for-profit electronic prescription network owned by pharmacy associations and pharmacy benefit management companies, is adding 19 state, regional and private health information exchanges to its portfolio of heath information exchange services.
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Information
Fla. pharmacists win $597M blowing whistle on scheme
By Bloomberg.com | August 13, 2013
Mark Jones learned about the costs and benefits of healthcare delivery when he treated AIDS patients in Key West, Florida, in the late 1980s. The pharmacy he co-founded—unusual at the time—provided a humane last step for gay men who didn't want to spend their final weeks confined to a...
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Lilly lung cancer drug boosts survival, shares jump
By Reuters | August 13, 2013
An experimental Eli Lilly and Co. lung cancer drug, which some investors had given up on due to past setbacks, extended patient survival in a late-stage study, reviving hopes for the medicine and sending company shares 4% higher.
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Plea deal reveals more of hepatitis tech's past
By Holly Ramer / Associated Press | August 13, 2013
A traveling hospital technician accused of infecting dozens of patients with hepatitis C through needles tainted with his own blood reached an agreement with prosecutors that would give him a sentence of as little as 30 years instead of the nearly 100 he could have faced if convicted in a trial.
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HMA shareholders vote to elect new board
By Beth Kutscher | August 12, 2013
| Basic Web
Shareholders of Health Management Associates have voted to elect eight new directors to the chain's board, activist investor Glenview Capital Management said.
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Medtronic buys telehealth provider Cardiocom
By Joseph Conn | August 12, 2013
| Basic Web
Medical-device maker Medtronic, Minneapolis, is making a push into the world of pure-play health information technology with the acquisition of telehealth and patient remote-monitoring services provider Cardiocom, a privately held firm based in Chanhassen, Minn.
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Delta states get $5.4M in grants to target chronic disease
By Steven Ross Johnson | August 12, 2013
| Basic Web
A dozen providers in a low-income part of the country will receive $5.4 million in federal funding to address a number of chronic conditions that affect residents there at a more frequent rate compared with the rest of the country.
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Calif. seeks culturally sensitive healthcare workers
By Sacramento (Calif.) Bee | August 12, 2013
In California, with its many underserved ethnic populations, the need for a multicultural health care workforce will be particularly great, as uninsured people sign up for health care coverage under the Affordable Care Act, experts say.
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OxyContin maker closely guards its list of suspect docs
By Los Angeles Times | August 12, 2013
Over the last decade, the maker of the potent painkiller OxyContin has compiled a database of hundreds of doctors suspected of recklessly prescribing its pills to addicts and drug dealers, but has done little to alert law enforcement or medical authorities.
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CMS offers smartphone apps to track payments
By Rachel Landen | August 12, 2013
| Basic Web
With the Aug. 1 implementation of the Physician Payments Sunshine Act, the CMS has launched two mobile smartphone applications to help physicians, drug and medical-device manufacturers, and group purchasing organizations track payments and other transfers of value.
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WebMD names new CEO, president
By Rachel Landen | August 12, 2013
| Basic Web
WebMD Health Corp., which provides health information through online portals, mobile platforms and publications, has appointed David Schlanger CEO and Dr. Steven Zatz president, effective Aug. 11.
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August 12, 2013
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