Feds intervene in McKesson whistleblower case — The Justice Department has stepped into a private whistleblower lawsuit against medical-product supplier McKesson. The suit alleges that McKesson and nursing-home operator Golden Living defrauded Medicare through a sham supplier of durable medical equipment. [Source: Modern Healthcare] WellCare employee pleads guilty in Medicaid fraud...
Health Care Industry Archive
October 2008
Revolution Health merges with Waterfront Media in $300M deal — So the rumors were true. Steve Case’s once-flashy startup, Revolution Health Network, agreed last week to merge with Waterfront Media, owner of several online-health Web sites, in a $300 million deal. Case will continue to run Revolution LLC, which will become a major investor in Waterfront. [Source: NYT] Cardinal Health...
Stent makers forced to pay J&J $1.2B – Medtronic and Boston Scientific lost separate patent-infringement cases regarding their bare-metal stents to Johnson & Johnson, and now owe J&J $521 million and $703 million, respectively. Oddly enough, Boston Scientific pulled the offending blood-vessel scaffolds from the market four years ago. [Source: WSJ Health Blog] New York...
Is the financial crisis “taking a toll” on hospitals, as the WSJ Health Blog asserted yesterday, or not? So far, the verdict looks decidedly mixed to me. On the one hand, the idea that hospitals would be uniquely vulnerable to the recent freeze-up in the credit markets looks like a no-brainer. Hospitals lay out huge sums for new facilities and sophisticated medical equipment, but...
Wal-Mart offers employees personal-health records — The retail giant said it would offer its employees electronic PHRs based on technology from WebMD and Dossia, an employer coalition. The company will pre-fill those records with prescription-drug and medical-treatment information from pharmacies and health-insurance companies. Of course, there’s a catch: The plan only applies to...
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- MGMA Calls For Careful Design and Testing of Meaningful Use
- Healthcare Roundup: Aetna Layoffs, Lakeside Absorbed, ASCs Rake in Profits, Retail Clinics Forecast to Grow, and More
- The House Busts The Budget By Passing a "Doc Fix"
- Grassley's Attack on Reform Belies Some Earlier Stands
- Senate's Unified Reform Bill Owes Much to Finance Committee
- White House Puts Focus On Medicare and Medicaid Fraud
- Hospitals Recovering From Recession Woes
- Doctor Shortage Is Worsening, Say Hospital CEOs
- Interest Groups Redouble Fight on Healthcare Reform
- Kerry Bill Would Help Physicians Borrow Money For EHRs
- Provider Cost Reports Have Little Impact on Consumer Choice
- Hospital Mergers Are A Major Health Cost Driver
- Comparison of Health Reform Bills Reveals Key issues
- New Mexico Information Exchange Shows Potential of Obama HIT Campaign
- More Insurance Competition Will Not Reduce Costs
- Some Health Reform Questions for The President
- Interest Groups Redouble Fight on Healthcare Reform
- NEJM Roundtable on Health Cost Control Offers Insights
- House Health-Care Reform Bill Deserves Public Support
- House Health Reform Bill Does Not Please Many in Health Care
- White House Puts Focus On Medicare and Medicaid Fraud
- No Rationing, Say Experts, But Public Doesn't Hear
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- Why So Many Insured People Have Big Medical Debts
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- Healthcare Roundup: Medical Office Space in Demand, Blues Companies See Lower Income, Two Sides of Health Insurance, and More
- Hospital Chain's Turnaround Raises Health Spending
- Healthcare Is Still Adding Jobs, Despite Recession
- The Rationing Debate Starts To Heat Up
- Right-Sizing The Physician Workforce
- Physicians Finally Getting Help to Become Medical Homes
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BNET Healthcare provides daily industry trends and news coverage with insights for managers and executives, focusing on major health care providers, hospitals and facilities, insurance companies, and medical device manufacturers. In addition to detailed company profiles, you will find detailed industry analysis on new alliances and partnerships, healthcare products, medical patents, health care cost control, lawsuits, management and board changes, and all other important business issues.