Medical care

Health care industry

House Medicare Legislation Sparks Debate Over Provider-Sponsored Organizations

House Medicare legislation passed in October 1995 authorizes physicians and other providers to create provider-sponsored organizations (PSOs), which could range from loosely affiliated independent practice associations to tightly integrated physician-hospital organizations. These organizations would be exempt from state standards on health plans' initial capitalization and financial reserves, and expedited

Health care industry

Mixed Reactions to Medicare Bill from American Medical Assn and Specialty Groups

The Medicare bill recently passed by the House of Representatives has drawn mixed reactions from the American Medical Association (AMA) and specialty groups. While the bill includes patient-protecting provisions such as quality assurance, appeals and grievances, and disclosure, it fails to include rules governing due process, utilization review, and emergency

Health care industry

McKesson's Healthcare Delivery Systems Launches Trial Script Pilot Program for Upjohn's Vantin

McKesson's Healthcare Delivery Systems (HDS) has initiated a groundbreaking Trial Script electronic starter supply pilot program in five states for The Upjohn Company. This innovative program allows physicians to easily provide patients with a free starter supply of medication, which is then dispensed through a community pharmacy. The

Health care industry

AT&T and IVI Publishing Announce Health and Fitness Service Partnership

AT&T and Minneapolis-based IVI Publishing have announced a partnership that will make IVI the first anchor brand content provider of AT&T's health and fitness service. IVI will provide users with a constant interactive flow of medical and health information, utilizing its digital publishing rights

Health care industry

North Star Universal Reports Third Quarter and Nine-Month Results for 1995

North Star Universal, Inc. reported improved financial performance in the third quarter and nine-month periods ended September 30, 1995. The company's income from continuing operations increased to $722,000, or 7 cents per share, in the third quarter, compared to $538,000, or 6 cents per share, in

Health care industry

Columbia/HCA Healthcare Corporation Announces Hospital Exchange Deal with Community Health Systems

Columbia/HCA Healthcare Corporation, the nation's largest provider of healthcare services, has signed a definitive agreement to exchange hospitals with Community Health Systems, Inc. The deal involves the acquisition of four hospitals by Columbia and the divestiture of one hospital, North Okaloosa Medical Center, to Community Health Systems.

Health care industry

SmithKline Beecham and Frontec Announce Three-Year Agreement for Global Messaging System

SmithKline Beecham, one of the world's leading healthcare companies, has partnered with Frontec AMT Inc. to develop a strategic global messaging system. The three-year agreement will use Frontec's advanced technology, called AMTrix, to enable application-to-application messaging and electronic commerce among SmithKline Beecham's business units

Health care industry

Internet Access Options for Physicians

Physicians seeking a reliable and cost-effective internet access provider have several options at their disposal. The Internet Society's comprehensive listing, The List, boasts over 1,119 providers in the United States, organized by area codes. Additionally, resources such as The Physician's Guide to the Internet, HealthLink,

Health care industry

SMT Health Services Inc. Retains Commonwealth Associates as Investment Banking Firm

SMT Health Services Inc. has selected Commonwealth Associates, a New York-based investment banking firm, to assist in establishing a long-term financial strategy and evaluating potential transactions in the mobile diagnostic industry. This move comes as SMT continues to grow and increase profitability, with a fleet of 11 mobile MRI units

Health care industry

Kmart Launches National Influenza Vaccine Program in Partnership with ASB Meditest

Kmart Corporation, a leading American retail chain, has announced a national influenza vaccine program for its customers across the United States. In partnership with ASB Meditest, a leading provider of occupational health services, Kmart will administer flu shots at participating locations nationwide during October and November. The program aims to

Health care industry

Travelers Group Completes Sale of MetraHealth Stake for $831 Million

Travelers Group, one of the nation's largest diversified financial services companies, has completed the sale of its 48.25% stake in The MetraHealth Companies, Inc. to United HealthCare Corporation, a Minneapolis-based health insurance provider. The sale, valued at $831 million, marks a significant milestone for Travelers Group as

Health care industry

Medicare Reform Debate Hits Home for Local Hospitals

Medicare reforms being debated in Congress could have devastating effects on local health care providers, with academic medical centers and hospitals facing severe budget cuts. The proposed reforms aim to reduce Medicare spending by $270 billion over the next seven years, with a significant portion of the savings coming from