Health care industry
As the NHS prepares to roll out its community matrons scheme, NHS managers have acknowledged that GPs will only fully engage with the initiative if they are offered financial incentives. The UK's National Health Service (NHS) Confederation has stated that GPs will need to be paid through the
Health care industry
The U.S. Attorney's Office in Birmingham, Alabama, has obtained an indictment of HealthSouth's former chief operating officer, James Bennett, on 39 criminal counts, including securities fraud and inside trading. The indictment, which was unsealed Thursday, charges Bennett with crimes related to the $2.7 billion
Health care industry
William Owens, a former controller and CEO of HealthSouth, testified that he and former CFO Aaron Beam were directed by former CEO Richard Scrushy to inflate the company's numbers in 1996. Owens claimed that Scrushy was kept informed of the ongoing fraud on a quarterly basis for years
Health care industry
High-ranking executives at rehabilitation giant HealthSouth Corp. and telecommunications company WorldCom Inc. have been accused of orchestrating massive accounting scams that led to financial ruin for their companies. At the trials of both HealthSouth's Richard Scrushy and WorldCom's Bernard Ebbers, prosecutors painted vivid pictures of a
Health care industry
The highly anticipated trial of former HealthSouth CEO Richard Scrushy is set to begin, with prosecutors relying on five former chief financial officers who have entered guilty pleas to convict Scrushy of a $2.7 billion accounting fraud. Meanwhile, Scrushy has maintained his innocence, hosting a local television show, Viewpoint,
Health care industry
Senate Democrats in Colorado have introduced a healthcare agenda to address concerns about rising costs, lack of access to care, and bureaucratic inefficiencies. The plan includes measures to control healthcare expenses, promote preventive care, and ensure low-income individuals have access to necessary medications. The proposal's fate remains uncertain,
Health care industry
Alaskans for Medical Choice and Competition has filed a lawsuit against the state, arguing that the current system for managing healthcare services restricts consumer choice and contributes to rising healthcare costs. The group, led by former state commerce commissioner Paul Fuhs, claims that the certificate of need program is unfair,
Health care industry
The South Korean government has given its approval for limited embryonic stem cell research, marking the first time the government has officially permitted such research. This decision comes nearly a year after the parliament passed a law governing the embryonic stem cell research, with the Ministry of Health and Welfare
Health care industry
Cochlear Ltd's shares soared to a 13-month closing high as brokers predict a potential boom in the company's earnings, driven by a US proposal to expand reimbursement for cochlear implants for the elderly. Analyst Jack Mordes of Goldman Sachs JBWere believes that if the Centres for
Health care industry
As the world mourns the loss of thousands of lives in the recent tsunami disaster, UNICEF Executive Director Carol Bellamy has emphasized the need to prioritize the needs of children in the relief effort. With a global conference in Jakarta set to coordinate aid for affected countries, UNICEF has identified
Health care industry
Millions of people affected by the recent tsunami in South Asia are at risk of contracting communicable and water-borne diseases due to damaged water and sanitation systems, contaminated supplies, and overcrowded living conditions. Reports from the World Health Organization indicate that cases of acute respiratory infection, acute diarrhea, wound infections,
Health care industry
China's traditional medicine industry is set to gain significant investment and penetration into the international market with a new joint venture between Hong Kong's Hutchison Whampoa (China) Ltd and Guangzhou Baiyunshan Pharmaceutical Co Ltd. The 50-50 joint venture, valued at 172.5 million yuan (US$20.
