Health care industry
The Centers for Medicare and Medicaid Services' (CMS) proposal to require long-term care (LTC) facilities to contract solely with consultant pharmacists who have no affiliations to any in-facility LTC pharmacy, pharmaceutical manufacturer, or drug wholesaler could create turmoil for independent community pharmacies, particularly those in underserved, rural areas. The
Health care industry
The Centers for Medicare and Medicaid Services (CMS) has released guidelines for Independence at Home (IAH), a new model for providing care to Medicare beneficiaries. Authored by Congressman Edward J. Markey (D-Mass.) and Senator Ron Wyden (D-Ore.), IAH allows teams of healthcare providers to provide and coordinate care for the
Health care industry
A study funded by St. Jude Medical found that using Fractional Flow Reserve (FFR)-guided intervention in Belgium to determine the severity of blood flow blockages in patients' coronary arteries can lead to improved patient outcomes and significant cost savings. The analysis, which utilized original data from the landmark
Health care industry
Rural residents in 34 states and one territory, including Texas, will receive funding to improve access to health care and educational services through the USDA Distance Learning and Telemedicine (DLT) Program. The program aims to provide equal educational and medical opportunities to rural Americans, matching those available in metropolitan areas.
Health care industry
Massachusetts Rep. John Tierney played a key role in securing the medical loss ratio (MLR) requirements in the Patient Protection and Affordable Care Act, which hold health insurers accountable for delivering high-quality healthcare to their customers rather than excessive administrative costs. The regulations will require health insurers to spend at
Health care industry
Congresswoman Lois Capps highlighted data released by the Centers for Medicare and Medicaid Services (CMS) showing the positive impact of the Affordable Care Act on Medicare beneficiaries in California. Starting in January 2011, patients in the Part D "donut hole" became eligible for a 50% discount on name-brand
Health care industry
As the Supreme Court gears up to examine the constitutionality of President Obama's healthcare reform law, Mitt Romney finds himself in a precarious position, reiterating his call for repeal while avoiding public statements about the imminent court case. Romney's reticence is likely due to the potential
Health care industry
The controversy surrounding Justice Elena Kagan's potential involvement in discussions about strategies for the president's health care law has raised significant concerns among lawmakers. In a recent oversight hearing, Senator Jeff Sessions from Alabama submitted a series of questions to Attorney General Eric Holder, seeking information
Pharmaceutical industry
Healthcare stocks faced a decline in pre-market trading on October 4, 2011, with pharmaceutical companies such as JNJ, PFE, ABT, MRK, and AMGN experiencing losses ranging from 0.80% to 1.42%. However, Somaxon Pharmaceuticals (SOMX) stood out as a notable exception, with its shares jumping 38.75% to $1.
Pharmaceutical industry
Strides Arcolab, an Indian drug firm, has announced that its subsidiary Onco Therapies has received approval from the US health regulator USFDA to market generic Paclitaxel injection in the American market. This approval marks a significant milestone for Strides Arcolab, allowing the company to launch the product immediately through its
Health care industry
Cancer patients facing higher Medicaid copayments are less likely to comply with their prescription drug treatments, a new study by researchers at RTI International found. The study, published in Medical Care, showed that patients in states with increased copayments for prescription drugs decreased their prescription drug use by between 127
Health care industry
As healthcare costs continue to soar, a growing number of American businesses are taking proactive steps to create healthier workforces and reduce expenses. A recent survey by Virgin HealthMiles reveals that nearly 90% of employers now rely on employee health and wellness programs to lower costs, with 70% offering incentives
