Federal investigators are pursuing what may be the first enforcement action against a surgeon involved in a controversial type of medical device firm known as a physician-owned distributorship. The probe follows scrutiny by the government into the impact of these PODs on patient care and costs.
Using data from 2010, the Centers for Medicare and Medicaid (CMS) listed the following as the top five chronic health conditions within the Medicare beneficiary community. High blood pressure (58%) High cholesterol (45%) Heart disease (31%) Arthritis (29%) Diabetes (28%) From the same report (PDF here), they also found that more than two-thirds (about 21 million) [...]
President Barack Obama is proposing more than $400 billion in cuts to Medicare over the next decade in his fiscal 2015 budget, an almost identical amount to what he recommended last year. But those cuts are heavily weighted toward future years, with only $3.5 billion occurring in 2015.
The responsibilities facing boards of directors today are very different from what they were years ago, and rightly so. Mostly gone, but not entirely, are the "old boy" networks of good friends of the company chairman. The short meeting and long lunch brigade where business was concluded on a nod [...]
Leonard Schleifer, the founder and chief executive of the biotechnology company Regeneron, is now a billionaire according to Forbes' estimates. He joins only a small number of pharmaceutical industry executives to reach that level of wealth. Regeneron, based in Tarrytown, N.Y., has seen its share price increase 220% over the past [...]
Physician assistants and nurse practitioners are more likely than physicians to advise patients who have chronic illnesses on how to live healthier lives, according to a new study published in Preventing Chronic Disease.
Epic Systems Corp. has been selected by drugstore chain CVS Caremark Corp. as the provider of an electronic health-record system for its MinuteClinic division, a deal that will extend Epic's ambulatory-care footprint across 800 healthcare clinics in 28 states and as many as 1,500 locations in the not too distant future.
It’s invariably the unseen stories, the hidden, off the beaten track, unprepared accounts that evade our attention, but seem to be an indication of the bigger matters. Like how an Iranian businessman didn’t hesitate a second to invest in an Israeli startup founded by former Israeli defense military personnel. It’s [...]
Key evidence suggests that as hospital systems in the US reach a crisis point – involving the transition to value-based purchasing and tying Medicare and Medicaid dollars to performance – quality of care must improve. In many ways hospital employees have become the most important piece of the puzzle to improve efficiency, lower costs and improve outcomes. Disengaged employees in the US who turnover, for example, are estimated to cost as much as $11 billion annually due to lost productivity and poor results. As hospital leadership faces a new domain of uncertainty and demands, and must use innovative technologies to better understand and improve engagement and performance of employees, two gamers think they have the answer: real-time evaluation, fun gaming interaction and a culture of positive reinforcement. The team at AMPT Health is gambling that their new SaaS solution will revolutionize performance evaluation.
There's been a lot of speculation that future Apple products will include health-related apps and biometric sensors. Here's the story of what might have been the first Apple medical app, except for the fact that in 1977 Steve Jobs had absolutely no interest in going in that direction. George Diamond is now [...]