Breaking News for Economic Issues in Healthcare

Readmissions Dip 47% When Some Patients Self-administer IV Antibiotics

Fri, Apr 01 2016
Uninsured patients requiring prolonged courses of treatment with intravenous antibiotics can be trained to treat themselves at home and achieve outcomes comparable to patients who Read more...

GSK pumps $29M into infectious disease R&D hub in Beijing

Thu, Mar 31 2016
GlaxoSmithKline ($GSK) will pump in $29 million for a Beijing-based R&D institute to tackle infectious disease and antibiotic resistance health threats in China by working Read more...

FDA clears robotic system for use in peripheral vascular interventions

Wed, Mar 30 2016
Meeting News Coverage - The FDA has cleared the CorPath System for use during peripheral vascular interventional procedures, according to a press release issued by Read more...

Obama Seeks to Expand Opioid Addiction Treatment

Wed, Mar 30 2016
President Barack Obama traveled to Atlanta on Tuesday to shine a light on the nation’s opioid abuse epidemic, which continues to get worse. More than Read more...

Abbott Faces $1 Billion Claim in Trial Over Stent Marketing

Tue, Mar 29 2016
Abbott Laboratories is accused in a trial that started Tuesday of marketing unapproved stents for unsuspecting patients and cheating Medicare as a whistle-blower seeks more Read more...

Vulcan pays $35M for site, plans for future Allen Institute expansion

Fri, Mar 18 2016
Vulcan on Friday paid $35 million for a property that's kitty-corner from the new home of the Allen Institute. Vulcan Director of Real Estate Investment Read more...

2 Washington hospitals urge HIV tests after syringe swap

Fri, Mar 18 2016
Two hospitals in Washington state are the latest to urge nearly 1,500 patients to get tested for hepatitis and HIV after a former surgery technician Read more...

The Affordable Care Act Celebrates Its 6th Anniversary

Fri, Mar 18 2016
In terms of significance, the passage of the Affordable Care Act (ACA) in 2010 is often compared to the establishment of Medicare and Medicaid in Read more...

Unbundling the Secrets of Managing Drug Costs in the Era of Value-Based Care

Fri, Mar 18 2016
Persistent and pernicious prescription drug cost hyperinflation. A move to bundled payments by both public and private payers. A 3 percent penalty for higher-than-normal readmission Read more...

EXCLUSIVE: Providence acquires Dr. Leroy Hood's Institute for Systems Biology

Mon, Mar 14 2016
Renton[WA]-based Providence Health & Services, one of the largest nonprofit health systems in the United States, has acquired Seattle-based Institute for Systems Biology, a nonprofit Read more...

Tufts CSDD Assessment of Cost to Develop and Win Marketing Approval for a New Drug Now Published

Thu, Mar 10 2016
BOSTON – March 10, 2016 – The most recent analysis by the Tufts Center for the Study of Drug Development of the average cost to Read more...

Device Makers Need to Prepare For Move to Increased Outpatient Procedures

Wed, Mar 09 2016
Device makers have historically cultivated close ties with surgeons and hospitals, but the move toward value-based care is prompting both hospitals and payers to scrutinize Read more...

Healthcare accounted for 23 percent of angel funding in 2015

Wed, Mar 09 2016
Angel investment funding in healthcare increased in 2015, compared with the previous years, according to a new report from the Angel Resource Institute and PitchBook. The Read more...

Zika-Linked Nerve Disorder Unsettles Colombia

Wed, Mar 09 2016
Colombia—site of the most infections of the mosquito-borne Zika virus outside Brazil—has seen a sharp increase in cases of Guillain-Barré syndrome, which can cause potentially Read more...

Medicare Penalties for 5477 Groups Fund Bonuses for 128

Wed, Mar 09 2016
Medicare reimbursement rates in 2016 will go up by either 16% or 32% for 4273 physicians in 128 group practices that performed well in the Read more...

Legislature votes to continue health insurance tax

Thu, Mar 03 2016
Michigan's tax on health insurance would continue into 2020 under legislation approved by the state Legislature. The Republican-controlled Senate and House voted Wednesday to extend Read more...

What's in Trump's new health care plan

Thu, Mar 03 2016
Republican presidential candidate Donald Trump on Wednesday released a plan to reform the U.S. health care system, titled "Healthcare Reform to Make America Great Again." Read more...

Sen. Murray introduces bill to restore medical research funding

Thu, Mar 03 2016
Sen. Patty Murray, D-Washington, introduced a bill Thursday to create a new funding stream for the National Institutes of Health and the Food & Drug Read more...

Actress Madeleine Stowe and Sanofi Genzyme Launch New Phase of Take Action on MS with Dynamic Webisode Series

Thu, Mar 03 2016
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sanofi Genzyme, the specialty care global business unit of Sanofi, today announced a continued collaboration with award-winning television and film actress Madeleine Stowe Read more...

Olympus to Pay Almost $650M over Kickback Claims

Wed, Mar 02 2016
Olympus Corporation of the Americas (OCA), the largest seller of endoscopes in the United States, and a subsidiary will pay almost $650 million over criminal Read more...

These Device Startups Are Challenging the Status Quo

Tue, Mar 01 2016
In the world of healthcare, disrupting the standard of care means getting payers, providers, and even patients to abandon what they know for something new. Read more...

Liberal group, House Dems slam Pfizer for tax dodging

Thu, Feb 25 2016
A report released Thursday by a liberal-leaning group and several House Democrats attacks pharmaceutical giant Pfizer for dodging taxes while raising prescription drug prices. Pfizer Read more...

ObamaCare reducing extra hospital stays, study finds

Thu, Feb 25 2016
People are having to return to the hospital less for costly readmissions because of an Affordable Care Act program, according to a new study by Read more...

Google's artificial intelligence unit enters healthcare via medical apps

Thu, Feb 25 2016
Alphabet-owned Google DeepMind is expanding its artificial intelligence capabilities from playing the complex board game Go to enabling patient monitoring and optimal treatment. The London-based Read more...

Dr. Robert Califf Wins Senate Confirmation to Run F.D.A.

Wed, Feb 24 2016
WASHINGTON — President Obama’s pick to run the Food and Drug Administration, Dr. Robert M. Califf, was finally confirmed for the job by the Senate Read more...