09 Aug 2019

MIND AND BODY: COORDINATING CARE MIGHT HELP MEDICAID SAVE MONEY AND LIVES

    By Blake Farmer Modern medicine often views the mind and body on separate tracks, both in terms of treatment and health insurance reimbursement. But patients with psychological disorders can have a hard time managing their physical health. So some Medicaid programs, which provide health coverage for people with low

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01 Aug 2019

TRUMP ADMINISTRATION ‘OPEN FOR BUSINESS’ ON DRUG IMPORTS FROM CANADA  

 By Phil Galewitz A year after calling proposals allowing Americans to import cheaper drugs from Canada a “gimmick,” Health and Human Services Secretary Alex Azar said the federal government is “open for business” on such a strategy. Azar announced a preliminary plan July 31 to allow Americans to import certain

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01 Aug 2019

REITERMANN OUT AS SIEMENS HEALTHINEERS CONTINUES REORGANIZATION

  In the wake of the resignation of the president of diagnostics at Siemens Healthineers, Siemens Healthineers CEO Bernd Montag will assume responsibility for the Diagnostics business segment. Michael Reitermann, president of diagnostics, is leaving his position and will depart the company in September, a Siemens statement said July 31.

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17 Jul 2019

SENATE BILL TO CUT SURPRISE MEDICAL BILLS AND DRUG PRICES WOULD SAVE U.S. $7 BILLION

The nonpartisan Congressional Budget Office (CBO) says that Senate bill 1895 to tackle surprise medical bills and high drug prices would save the federal government about $7 billion over the next 10 years. The estimate released Tuesday could help the package’s chances for passage through the Senate by easing concerns over the impact

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16 Jul 2019

MEDICARE ADVANTAGE OVERBILLS TAXPAYERS BY BILLIONS A YEAR AS FEDS STRUGGLE TO STOP IT

          By Fred Schulte and Lauren Weber   Health insurers that treat millions of seniors have overcharged Medicare by nearly $30 billion the past three years alone, but federal officials say they are moving ahead with long-delayed plans to recoup at least part of the money. Officials have known for years

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12 Jul 2019

PAYER ANALYSIS: ‘CADILLAC TAX’ ON HIGH-COST HEALTH PLANS COULD AFFECT 1 IN 5 EMPLOYERS IN 2022

[/infobox]   A new KFF analysis estimates that the Affordable Care Act’s tax on high-cost health plans would affect one in five (21 percent) employers offering health benefits when it takes effect in 2022 unless employers change their health plans. An even larger share (31 percent) could be affected when workers’ voluntary

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26 Jun 2019

ROYAL PHILIPS SELLS U.S. HEALTHCARE headquarters

    Amsterdam-based Royal Philips sold its Andover, Mass.-based healthcare headquarters to Atlantic Management Corp. May 4 in a deal worth $36 million. Royal Philips has been transferring its 1,900 employees to facilities in Cambridge, Massachusetts, and Nashville, Tennessee, since January. Atlantic Management, which paid $36 million for the facility,

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26 Jun 2019

VIVA AND THE VEINS 2019: Dr. Suresh Vedantham to receive VEIN Award; abstracts now being accepted

Suresh Vedantham, MD, past president of the Society of Interventional Radiology, will receive the 2019 Venous Educator, Innovator, and National Statesman Award (VEIN AWARD) during VIVA and The VEINS2019 conference Nov. 4-7 at the Wynn Las Vegas. Dr. Vedantham is a professor of Radiology & Surgery at the Mallinckrodt Institute of Radiology at the

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26 Jun 2019

 ANGIODYNAMICS SELLS NAMIC fluid management portfolio

AngioDynamics Inc., a provider of innovative, minimally invasive medical devices for oncology, vascular access and peripheral vascular disease, has agreed to sell its NAMIC fluid management portfolio to Medline Industries Inc. for $167.5 million, subject to customary closing conditions including antitrust review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976. The

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26 Jun 2019

F:LIP/FOCUS: LIVE, INTERACTIVE, PRACTICAL:AVLS OPENS REGISTRATION FOR 33RD ANNUAL CONGRESS NOV. 7-10 IN PHOENIX

By Larry Storer Online registration for the American Vein and Lymphatic Society’s 33rd Annual Congress, Nov. 7-10 at the JW Marriott Desert Ridge Resort and Spa in Phoenix, opened May 6 at avlscongress.org. “Early in 2018, Elsevier reported that medical knowledge was doubling every few months, posing serious challenges to

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