Health care industry
Access Health Marketing Inc., the leading provider of personal health management products and services, reported a net loss of $685,000, or 10 cents per share, on revenue of $4.1 million for its fourth fiscal quarter ended September 30, 1994. This compared to earnings of $203,000, or three
Health care industry
Choice Drug Systems, Inc. and Counsel Corporation of Toronto, Canada have revised the terms of an investment deal, with Counsel agreeing to purchase 2 million shares of Choice Drug common stock at $3.40 per share rather than the previously announced $3.21 per share. The Boards of Directors of
Health care industry
The merger between Foundation Health Corp. and Intergroup Healthcare Corp. has created one of the nation's leading managed care organizations, with operations in 15 states and the United Kingdom. The combined companies offer managed health care products in multiple regions, with total revenues of nearly $2.4 billion
Health care industry
A Minnesota District Court justice ruled that a 2% tax on gross revenue from Minnesota patients who received medical services out-of-state was unconstitutional. The tax, part of the MinnesotaCare legislation enacted in October 1992, aimed to fund the MinnesotaCare program by taxing services provided to Minnesotans in other states. However,
Health care industry
Physicians who build a successful solo practice are facing unprecedented changes as the medical profession shifts towards large health care entities through acquisitions. Before deciding to join a large health care entity, physicians need to ask critical questions about their compensation, productivity standards, and chain of command. Recent changes have
Health care reform
A long-sought goal of President Clinton's grand legislative campaign, national health insurance legislation, officially died today after staggering under its own weight and intense opposition from Republicans and insurance interests. Despite efforts to revive the legislation, Senator George J. Mitchell, the majority leader, announced that Congress would not
Health care reform
In November 1991, Harris Wofford's upset victory in the Pennsylvania Senate election highlighted the growing importance of health care as a political issue. Building on this momentum, President Bill Clinton made health care reform a central plank of his 1992 presidential campaign, proposing a range of measures to
Health care industry
As the November midterm elections approach, Democratic candidates are facing a daunting task: preventing health care from becoming the key to their defeat. The party's efforts to pass a comprehensive health care overhaul have stalled, leaving Democrats vulnerable to criticism that they failed to deliver on their promise
Health care industry
Democratic leaders in the House are far short of the votes needed to pass comprehensive health care legislation, according to vote counts by the most ardent supporters of universal health insurance. The counts, compiled by a coalition of over 75 groups, show that more than 60 Democrats are firmly opposed
Health care industry
A group of bipartisan senators, aiming to create a national health insurance plan, reported nearly completing their proposal and planning to discuss it with Senate leaders on Thursday. The proposal's cost estimates, obtained from the Congressional Budget Office, were described as "sobering" by the senators. The
Health care industry
A bipartisan group of lawmakers in the House of Representatives unveiled a health care bill that aims to provide billions of dollars in subsidies to low-income people to help them purchase private health insurance. The bill, which does not raise taxes or require employers to contribute to the cost of
Health care industry
President Clinton stated that he could not accept health care legislation with less of a guarantee of universal coverage than Senator George J. Mitchell's bill, which proposes that employers pay half the cost of their workers' health insurance if other measures do not reach 95 percent of
