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• The Cyborg Industry Springs a Squeak

  Medical devices are kind of the Rodney Dangerfield of medicine's high-tech armamentarium. Sure, companies like Medtronic, Guidant and Stryker make artificial replacements or supplements for body parts ranging from hearts to bones (OK -- joints), but for whatever reason, devices don't seem to inspire the popular imagination the way, say,...

  Tue May 13, 2008 @ 6:33 AM PDT

  Tags: Joint, Stryker Corp., NYT, Corporate Communications, Marketing, David P. Hamilton

• Aetna's Ron Williams Speaks -- And Actually Says Something

  This Fortune interview with Aetna CEO Ron Williams is a few days old, but as it just popped up in my RSS reader, it is, as they say, new to me. Since it's pretty rare to see someone like Williams candidly discuss the health-plan business, its problems and some intriguing...

  Thu May 8, 2008 @ 5:29 PM PDT

  Tags: Physician, Decision Support, Aetna Inc., Health Care, Dermatologist, Vertical Industries, Benefits, Healthcare, Enterprise Software, Software, Human Resources, David P. Hamilton

• As Hospitals Hit the Skids, Odds of a Healthcare Crisis Rise

  It's not just big insurers who are sinking into the swamp these days -- hospitals are slipping as well. And while it's a little early to know for sure, the problems of health plans seem quite likely to make those of hospitals even worse. Yesterday, Tenet Healthcare...

  Wed May 7, 2008 @ 11:17 AM PDT

  Tags: Patient, Hospital, Tenet Healthcare Corp., Health Care, Nothing, Healthcare, Vertical Industries, Benefits, Enterprise Software, Software, Human Resources, David P. Hamilton

• Medtronic to Cut About 1,100 Jobs

  By Susan Kelly CHICAGO (Reuters) - Medtronic Inc (MDT) on Tuesday said it would eliminate about 1,100 jobs this year, or almost 3 percent of its work force, in businesses whose growth has slowed, including its flagship heart rhythm device unit. The company...

  Tue May 6, 2008 @ 1:01 PM PDT

  Tags: Mergers & Acquisitions, Financial accounting, HEALTHCARE, Medtronic Inc., medical device, earnings, Chicago, Thomson Reuters Corp., acquisition

• Good News Not Totally Absent in Healthcare

  Medical costs continue to rise much faster than general inflation, the insurance safety net is fraying as health plans and hospitals push the financial burden of being ill back onto the sick themselves, and even people who get their insurance through work have seen their premium contributions rise ten times...

  Tue May 6, 2008 @ 3:46 AM PDT

  Tags: Hospital, Aetna Inc., Health Care, Healthcare, Vertical Industries, Benefits, Enterprise Software, Software, Human Resources, David P. Hamilton

• Stryker's Biotech Unit Gets FDA Warning Letter

  CHICAGO (Reuters) - Stryker Corp (SYK) said on Friday its biotechnology division received a warning letter from U.S. health regulators regarding quality systems and compliance issues at its Hopkinton, Massachusetts, location. Stryker shares dipped on the news and were trading $3.07 ...

  Fri May 2, 2008 @ 11:15 AM PDT

  Tags: Stryker Corp., biotechnology, FDA, regulator, Chicago, Massachusetts, compliance, clinical trial, medical device, Thomson Reuters Corp.

• Humana Profit Rises 13 Percent

  By Lewis Krauskopf NEW YORK (Reuters) - Health insurer Humana Inc (HUM) said on Monday that first-quarter profit rose nearly 13 percent, beating dramatically reduced expectations, helped by its commercial plans for employers and a lower-than-expected tax rate. Shares rose 3...

  Mon Apr 28, 2008 @ 6:16 AM PDT

  Tags: HEALTHCARE, Investment, Humana Inc., Medicare, Wachovia Corp., tax, insurance company, profit warning, earnings, earnings forecast, stock, analyst, Thomson Reuters Corp., New York, health care, stock price, stock market, net income, benefit, industry

• Coventry Health Profit Up 3 Percent, Meets Estimates

  By Lewis Krauskopf NEW YORK (Reuters) - Coventry Health Care Inc (CVH) posted a 3 percent first-quarter profit increase on Friday, matching Wall Street estimates, helped by higher membership, and the insurer backed its full-year forecast. Coventry shares rose more than 2 percent,...

  Fri Apr 25, 2008 @ 11:30 AM PDT

  Tags: Financial accounting, insurance company, analyst, earnings, pricing strategy, profit warning, New York, Medicare, Thomson Reuters Corp., profit margin, insurance, acquisition, health care, stock, environment, industry

• Coventry Health Profit Up 3 Percent

  NEW YORK (Reuters) - Insurer Coventry Health Care Inc (CVH) posted a 3 percent first-quarter profit increase on Friday, matching Wall Street estimates, helped by higher membership. The company forecast second-quarter earnings below analyst estimates but backed its full-year outlook, which...

  Fri Apr 25, 2008 @ 7:00 AM PDT

  Tags: insurance company, earnings, analyst, profit warning, Thomson Reuters Corp., New York, acquisition

• 3M Profit Tops Street View

  NEW YORK (Reuters) - 3M Co (MMM), a diversified manufacturer whose products include Scotch tape and Post-It notes, reported lower first-quarter profit on Thursday but beat analysts' estimates as strong international sales offset economic challenges in the United States. Net income...

  Thu Apr 24, 2008 @ 5:04 AM PDT

  Tags: Sales strategy, Sales force management, 3M Co., earnings forecast, analyst, manufacturer, Thomson Reuters Corp., sales, New York, net income, U.S.

• Aetna Profit Meets Street

  NEW YORK (Reuters) - Aetna Inc (AET) on Thursday posted first-quarter profit that met Wall Street expectations, helped by higher membership, and the health insurer backed its 2008 profit forecast. The No. 3 U.S. health insurer also raised its enrollment projection...

  Thu Apr 24, 2008 @ 5:03 AM PDT

  Tags: Insurance, Aetna Inc., insurance company, net income, wall, Thomson Reuters Corp., earnings, profit warning, New York, health care, analyst, industry

• WellPoint Cuts 2008 Forecast After Profit Slumps

  NEW YORK (Reuters) - WellPoint Inc (WLP) said on Wednesday first-quarter profit slumped a steeper-than-expected 25 percent on high medical costs, mainly in its Medicare plans for the elderly. The health insurer also further cut its 2008 forecast. The largest U.S....

  Wed Apr 23, 2008 @ 5:16 AM PDT

  Tags: Insurance, HEALTHCARE, Medicare, insurance company, health care, profit warning, analyst, Thomson Reuters Corp., New York, net income, valuation, industry

• WellPoint Posts Lower Quarterly Profit

  NEW YORK (Reuters) - Health insurer WellPoint Inc (WLP) on Wednesday said first-quarter profit slumped on high medical costs, including in its Medicare plans for the elderly, and further cut its 2008 forecast. Net income fell to $588.1 million, or $1.07 per share,...

  Wed Apr 23, 2008 @ 3:46 AM PDT

  Tags: Insurance, HEALTHCARE, insurance company, Medicare, New York, health care, quarterly profit, Thomson Reuters Corp., net income, industry

• UnitedHealth Profit Misses, Cuts 2008 Forecast

  NEW YORK (Reuters) - Health insurer UnitedHealth Group Inc (UNH) on Tuesday posted a lower-than-expected first-quarter profit, hurt by weakness in its business serving employers and lower investment income, and slashed its full-year earnings forecast by 10 percent. The lower outlook...

  Tue Apr 22, 2008 @ 5:05 AM PDT

  Tags: Stock options, Benefits, Investment, Financial accounting, UnitedHealth Group Inc., stock option, settlement, compensation, insurance company, SEC, stock, CEO, health care, New York, director, Thomson Reuters Corp., Sarbanes-Oxley Act, shareholder

• UnitedHealth Posts Profit Rise, Cuts 2008 Forecast

  NEW YORK (Reuters) - Insurer UnitedHealth Group Inc (UNH) on Tuesday posted higher first-quarter profit, helped by its Medicaid plans for low-income Americans, but cut its full-year earnings forecast by 10 percent. Net income rose to $994 million, or 78 cents per share,...

  Tue Apr 22, 2008 @ 3:45 AM PDT

  Tags: Stock options, Benefits, Financial accounting, Investment, UnitedHealth Group Inc., stock option, SEC, New York, financial statement, financial, Medicare, corporate governance, Thomson Reuters Corp., CEO, U.S., stock, performance

• Boston Scientific Net Rises on Cost Cuts

  By Susan Kelly CHICAGO (Reuters) - Medical device maker Boston Scientific Corp said on Monday quarterly net earnings more than doubled as cost savings from a restructuring program offset weaker sales in its core drug-eluting stent market. Stent revenue fell as Boston Scientific...

  Mon Apr 21, 2008 @ 5:00 PM PDT

  Tags: Sales strategy, Financial accounting, Sales force management, Guidant Corp., Boston Scientific Corp., earnings, Chicago, Thomson Reuters Corp., sales, CRM, amortization, earnings per share, acquisition, stock

• Boston Scientific Net Rises on Cost Cuts

  CHICAGO (Reuters UK) - Medical device maker Boston Scientific Corp said on Monday quarterly net earnings more than doubled, boosted by cost-reduction measures and a tax benefit. First-quarter net income was $322 million (162 million pounds), or 21 cents a share, compared with $120 million, or...

  Mon Apr 21, 2008 @ 4:00 PM PDT

  Tags: Boston Scientific Corp., Sales Strategy, Sales Force Management, Sales, Oukbs

• Quest Profit Jumps 32 Percent

  WASHINGTON (Reuters) - Quest Diagnostics Inc (DGX), the largest U.S. medical testing company, posted a 32 percent increase in quarterly profit on Monday on a boost in revenue from an acquisition, sending shares higher by about 6 percent. First-quarter net income rose to...

  Mon Apr 21, 2008 @ 12:00 PM PDT

  Tags: Mergers & Acquisitions, Corporate law, Quest Diagnostics Inc., quarterly profit, acquisition, America, earnings, Washington, Thomson Reuters Corp., revenue, manufacturing

• Baxter Quarterly Net Up, Raises Outlook

  CHICAGO (Reuters) - Baxter International Inc (BAX) reported on Thursday quarterly profit rose 6 percent, but another delay in getting its Colleague infusion pump back on the U.S. market weighed on its shares. Baxter, which also makes medication delivery systems and ...

  Thu Apr 17, 2008 @ 8:31 AM PDT

  Tags: Sales strategy, Currency & Foreign exchange, Baxter International Inc., foreign-exchange, therapy, quarterly profit, earnings per share, sales, Chicago, Thomson Reuters Corp., R&D, analyst, pricing strategy, manufacturing

• Abbott Profit Up on Drugs Sales

  By Ransdell Pierson NEW YORK (Reuters) - Abbott Laboratories Inc (ABT) said on Wednesday first-quarter earnings increased 34 percent on higher sales of its prescription drugs and medical devices and favorable foreign exchange factors. The company reported strong sales gains for its top...

  Wed Apr 16, 2008 @ 7:00 AM PDT

  Tags: Sales strategy, Sales force management, HEALTHCARE, Abbott Laboratories Inc., prescription drug, Johnson & Johnson, foreign-exchange, medical device, earnings, diagnostics, sales, Thomson Reuters Corp., New York, net profit, U.S., analyst, stock, industry, benefit

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