23 Oct 2018

EARL E. BAKKEN: MEDTRONICS CO-FOUNDER DIES AT 94

Earl E. Bakken, co-founder  of Medtronic plc, passed away peacefully on Oct. 21 at his home on Kiholo Bay on the Big Island of Hawaii. He was 94 years old. “Today we are saddened by the passing of Earl Bakken, but we also honor and will forever cherish the life

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16 Oct 2018

DRUGMAKERS FUNNEL MILLIONS TO LAWMAKERS; A FEW DOZEN GET $100,000-PLUS

  By Emmarie Huetteman and Sydney Lupkin Before the midterm elections heated up, dozens of drugmakers had already poured about $12 million into the war chests of hundreds of members of Congress. Since the beginning of last year, 34 lawmakers have each received more than $100,000 from pharmaceutical companies. Two

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16 Oct 2018

CMS PROPOSAL TO REQUIRE MANUFACTURERS TO DISCLOSE DRUG PRICES IN TV ADS COMMENTS DUE BY DEC. 17

  The Centers for Medicare & Medicaid Services proposed Oct. 15 to require that prescription drug manufacturers post the Wholesale Acquisition Cost (WAC) for drugs covered in Medicare or Medicaid in direct-to-consumer television advertisements. “This historic proposal is an important way to create new incentives for drug companies to start

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16 Oct 2018

TELEMEDICINE GIANT HEALTHRIGHT, 4 COMPOUNDING PHARMACIES CHARGED WITH $1 BILLION FRAUD

  HealthRight CEO Scott Roix of the telemedicine company HealthRight pleaded guilty to felony conspiracy charges brought by the Department of Justice. Roix and the company also pleaded guilty to conspiring to commit wire fraud associated with a telemarketing scheme to sell dietary supplements, skin creams and testosterone to patients. Roix and the

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09 Oct 2018

FORMER GE HEALTHCARE VALUE-BASED CARE SOLUTIONS GROUP REBRANDS AS VIRENCE HEALTH TECHNOLOGIES

The Value-Based Care Solutions Group, recently acquired by Veritas Capital from GE Healthcare, today announced its rebranding to Virence Health Technologies. The company is a leading software provider that leverages technology and analytics to help healthcare providers across the continuum of care effectively manage their financial, clinical and human capital

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09 Oct 2018

HOW TO USE BLEACH BATHS TO HELP MANAGE ECZEMA FLARES

            Although hot water and bubble baths may sound relaxing to many, for those with atopic dermatitis, this can have the opposite effect, causing dry, scaly, red patches to develop on the skin. Affecting nearly 28 million Americans, atopic dermatitis, also known as eczema, is

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09 Oct 2018

CMS ANNOUNCES PARTICIPANTS IN NEW VALUE-BASED BUNDLED PAYMENT MODEL

  On Oct. 9, the Centers for Medicare & Medicaid Services (CMS) announced that 1,299 entities have signed agreements with the agency to participate in the Administration’s Bundled Payments for Care Improvement – Advanced (BPCI Advanced) Model.  The participating entities will receive bundled payments for certain episodes of care as

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05 Oct 2018

CYNTHIA SHAPIRO, FNP-C JOINS AMERICAN VEIN AT HIGHLANDS RANCH CLINIC

  Cynthia Shapiro, FNP-C, has joined American Vein & Vascular Institute’s Highlands Ranch clinic as a a board-certified nurse practitioner. Shapiro has 25 years of career experience in the healthcare and medical industries. American Vein & Vascular Institute is an award-winning network of vein and arterial diagnosis and treatment centers

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05 Oct 2018

FUJIFILM SONOSOFT SOLIDIFIES WORKFLOW WITH SYNCHRONICITY

  FUJIFILM SonoSite Inc., developers of point-of-care ultrasound solutions, has entered the medical informatics space with the launch of SonoSite Synchronicity, designed to optimize workflows by integrating with existing data management systems and enabling the use of current user login credentials. The software can be implemented across multiple departments in an organization to standardize operations. In

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28 Sep 2018

SEEMA VERMA SPEECH: CMS TO BEGIN AUDITS ON MEDICAID INSURERS

Seema Verma, Centers for Medicare & Medicaid Services Administrator, issued a warning to Medicaid plan sponsors on Thursday, warning the agency would begin unscheduled targeted financial audits. The warning came at the 2018 Medicaid Managed Care Summit during a speech Verma delivered in which she vowed to bring more transparency to

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