American Health Research 
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Heart surgeon works on trial, presents for Verve Medical
I caught up with Dr. Richard Heuser on Friday, right after he finished a surgical procedure and before he headed out to Paris for an interventional cardiology meeting.
Heuser was the first in the U.S. to perform a medical procedure as part of a clinical trial for Eden Prairie, Minn.-based Osprey Medical Inc.
The Osprey Medical Cincor system is designed to remove contrast dye from the heart before it enters the kidneys and causes damage, known as contrast induced nephropathy, or CIN. Dye is used… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 18, 2013 Category: American Health Authors: Angela Gonzales Source Type: research
Top Louisville CFOs to be recognized
Crunching numbers to help keep a business on track is a tough job. So top financial executives always face an ongoing challenge.
That challenge has been steep in recent times. First, there was the impact of the recession. Then there was stabilization during the recovery.
Now, they have had to project the financial impact that will accompany implementation of health care reform and rising health insurance costs.
Can a financial executive get a break?
It doesn’t look like it.
That’s the reason… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Authors: Carol Brandon Timmons Source Type: research
Walgreen extends deal with CVS Caremark
Walgreen Co. reached a multi-year agreement with CVS Caremark Corp. to continue filling prescriptions for CVS Caremark members.
Terms of the deal were not disclosed.
Behind Express Scripts, CVS is one of the nation’s largest pharmacy benefits managers, in addition to its chain of retail stores nationwide. Those stores compete with Walgreens (NYSE: WAG), the largest drugstore chain in the country with sales of $72 billion last year.
CVS (NYSE: CVS) is making a regional push into the St. Louis… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Authors: Samantha Liss Source Type: research
OSU Pres. Ed Ray challenges you to support OSU-Cascades
The Oregon Community Foundation is banking on Oregonians to rally behind plans to expand the OSU-Cascades campus in Bend.
Edward Ray, president of Oregon State University, announced that the OCF has committed $500,000 in the form of two challenge grants to support the campus expansion if private supporters contribute an equal amount by the end of 2013. Ray made the announcement during his State of the University address in Bend.
OSU has previously raised $3.3 million toward its $4 million capital… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Authors: Wendy Culverwell Source Type: research
Cempra's $70 million deal with Toyama
Chapel Hill drug development firm Cempra (Nasdaq: CEMP) has signed what could be a $70 million deal with a subsidiary of Japanese company Fujifilm.
The agreement with Toyama Chemical Company gives Toyama rights to develop and commercialize antibiotic solithromycin in Japan. Cempra nets an upfront payment of $10 million, as well as $60 million in milestone payments based on achievement of certain objectives. Tiered royalties are expected to be paid to Cempra after the drug launches in Japan.
Industry… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Authors: Lauren K. Ohnesorge Source Type: research
What to expect when you're expecting to go to the Florida Hospital Milk Depot
So this morning, I’m expecting to head out to Florida Hospital’s lactation center for the grand opening of the Milk Depot.
The Milk Depot, in case you missed it, will be a donation drop-off center where mothers can donate breast milk. The human milk — their words — is given to babies who are born prematurely or are in the neonatal intensive care unit.
I had a few burning questions, and Florida Hospital spokeswoman Ashley White was able to help. The Milk Depot is a collection point, where… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Authors: Abraham Aboraya Source Type: research
Wichita leaders: Four-year program at KU Med-Wichita is critical
Three top Wichita-area officials say the University of Kansas School of Medicine-Wichita is key to the economy, and it would be a travesty to see the program reduced from four years back to two.
The Wichita Eagle reports Wichita Metro Chamber of Commerce President Gary Plummer, Mayor Carl Brewer and Sedgwick County Commission Chairman Jim Skelton wrote a letter to KU Chancellor Bernadette Gray-Little expressing their concerns.
Gray-Little has said that if the Legislature moves forward with a proposed… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Source Type: research
Good news! N.C.'s revenue intake spiked $909 million through 10 months
Boosted by a healthy 2013 tax season, revenue collections in North Carolina jumped by nearly $909 million, or 5.9 percent, when compared to the same period in the prior fiscal year, state officials say. The spike is for the first 10 months in fiscal 2013.
Behind the advance, says state Controller David McCoy, was a 5.3 percent hike in personal income tax collections to $9.25 billion, and a 7.7 percent jump in corporate income tax collections.
The third most important state revenue generator, sales… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Authors: Lee Weisbecker Source Type: research
Linder leaves Banner to head operations at MomDoc
Lori Linder is taking on a new role as chief operating officer at MomDoc.
Linder left Banner Health after more than 30 years. She had served in a number of roles, including CFO of Banner Ironwood Medical Center and Banner Desert Medical Center. She also was interim CEO of Banner Ironwood for a few months last year.
“I grew up at Banner,” Linder said. “I love Banner. I learned a lot.”
But Linder said she reached that point in her life where she decided it was time to do something different.… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Authors: Angela Gonzales Source Type: research
Former Haysville doctor charged with gun violation
Lawrence M. Simons, a former doctor at Schneider Medical Clinic in Haysville, has been charged with another crime.
The Associated Press reports Simons was sentenced in 2010 to two years in prison for unlawfully distributing controlled substances. When he was out on supervised release, he allegedly used a gun to pay a bail bondsman. He's been charged with one count of unlawful possession of a firearm after a felony conviction. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Source Type: research
Generic drugmaker pleads guilty in largest drug safety settlement in history
A generic drug manufacturer will pay $500 million in fines after it pleaded guilty to selling subpar drugs and lying to the Food and Drug Administration about its manufacturing processes at India factories, The New York Times reports.
The Justice Department has called Ranbaxy's settlement the largest in history regarding generic manufacturers and drug safety. The company was charged with three felony accounts for not conducting proper safety tests and failing to warn the FDA of "unknown impurities"… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 14, 2013 Category: American Health Source Type: research
EPA Nominee Gina McCarthy Stymied By Republican Boycott
When a U.S. president nominates a candidate to take over the top spot at a major government agency such as the Defense Department, at least a few senators--usually from the opposing party--raise some objections, if for no other reason than to show that they will not rubber-stamp anyone the president proposes.But yesterday Republicans boycotted a vote on Gina McCarthy , President Barack Obama's nominee to become the new administrator of the Environmental Protection Agency. She would fill the spot left by Lisa Jackson, who stepped down. McCarthy faced little dissent when the Senate Environment and Public Works Committee held...
Source: Scientific American - Official RSS Feed - May 10, 2013 Category: Science Tags: Energy & Sustainability Source Type: research
Science Advisor Gives Hopeful Progress Report on Obama s Achievements
[caption id="attachment_12309" align="alignleft" width="150" caption="John Holdren, Director of the White House Office of Science and Technology Policy (OSTP), says the administration is taking concrete steps to address climate change and revamp science education in the U.S. Credit: NASA/Bill Ingalls"] [/caption]President Obama has restored science to its rightful place in the White House, says John Holdren, Obama's senior science advisor. [More] (Source: Scientific American - Official RSS Feed)
Source: Scientific American - Official RSS Feed - May 10, 2013 Category: Science Tags: Energy & Sustainability,Technology,More Science Source Type: research
Gun Company Makes Bleeding Ex-Girlfriend a Shooting Target
By Stan Alcorn The makers of an also controversial Obama-esque target found themselves the subject of serious outrage again when they started excitedly selling the idea of blowing away your (undead) ex-girlfriend. A company that makes zombie-themed shooting targets found themselves in a real-world controversy this week, for selling a bleeding zombie mannequin that looked like Barack Obama and another bleeding zombie mannequin that looks like scantily clad woman, and was called "The Ex." The reaction to Zombie Industries' Obama-lookalike was more immediate (like being pulled from the NRA convention floor ...
Source: Scientific American - Official RSS Feed - May 10, 2013 Category: Science Tags: Energy & Sustainability,Technology,More Science,Mind Brain,Society Policy Source Type: research
Hawaii Health Connector offers grants for marketplace assister program
The Hawaii Health Connector posted online grant applications on Thursday for organizations and individuals interested in joining its Hii Ola marketplace assister program.
The program will provide outreach, education and facilitate enrollment for those seeking health insurance through the Hawaii Health Connector, according to a statement.
“The marketplace assisters are an integral component to reaching and serving individuals and small businesses throughout our state,” Coral Andrews, the Hawaii… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Jenna Blakely Source Type: research
Washington community health centers eligible for $4.5M in grants
Several Washington state community health centers are newly eligible for $4.5 million in new federal funding.
Health and Human Services (HHS) Secretary Kathleen Sebelius announced Thursday that the agency has designated $150 million to help community health centers.
In Washington, 25 organizations have been selected to apply for the funds, which will specifically go toward programs to help enroll the uninsured in the state health exchange, know as the Healthplanfinder.
The money will be earmarked… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Valerie Bauman Source Type: research
Ball Corp. prices $1 billion offering of senior notes
Broomfield-based Ball Corp. on Thursday announced that it’s priced a public offering of $1 billion worth of senior notes, carrying a 4 percent interest rate, that would be due to be paid off in 2023.
Ball (NYSE: BLL), a packaging manufacturer and aerospace company, said the underwritten offering is expected to close on May 16.
Ball said it plans to use the money to pay off existing notes, due in 2016, that carry a 7.125 interest rate, and also repay other money it's borrowed under a revolving… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Cathy Proctor Source Type: research
Mega merger: The inside scoop on the Baylor/Scott & White deal
The proposed merger between Baylor Health Care System and Scott & White Healthcare was hatched over a breakfast between the CEOs of the two systems, the chief executives said at the Southwest Healthcare Transactions Conference Thursday at the Omni Dallas Hotel.
Baylor system President and CEO Joel Allison said he and Scott & White President and CEO Dr. Robert Pryor were having breakfast before a Healthcare Coalition of Texas board meeting and discussing the future of health care and ways to better… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Bill Hethcock Source Type: research
UT med school moves forward with regents' vote
Dell Medical School, the future medical school at the University of Texas, received its biggest go-ahead Thursday, with a vote from the school’s board of regents to approve $334.5 million to pay for its first phase.
Under the plan, the Dell Medical School would be built on property near the Frank Erwin Center and would include research and medical office buildings, parking facilities and a new teaching hospital built by Seton Healthcare Family. Seton officials approved the $250 million to fund… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Chad Swiatecki Source Type: research
FleishmanHillard bids to promote Illinois health exchange
FleishmanHillard is vying for the opportunity to promote Illinois’ health insurance exchange.
FleishmanHillard officials confirmed that the company had applied for the work but would not provide specifics about the bid, which puts them up against some of the nation’s largest ad agencies and public relations firms, according to the Associated Press.
The Associated Press reports the bid is possibly worth $30 million to $35 million.
Health insurance exchanges, a provision of the federal 2010… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Samantha Liss Source Type: research
How hospital CEOs see future: More home monitoring
Facing a shortage of doctors and other providers as millions more people gain health coverage next year under the Affordable Care Act, local hospital CEOs see promise in patients doing their own monitoring from home — and better use of mid-level providers to the full extent of their license.
Not all patients need to be seen by a doctor, and the health care system is going to have to be a lot more efficient than it is now if new folks with high expectations are going to get the care they need at… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Kathy Robertson Source Type: research
Health insurance costs what?
Oregonians can look up health insurance rates for plans offered under the Affordable Care Act starting today.
The Oregon Insurance Division posted examples of health insurers’ proposed rates for plans that will be offered under health care reform.
Twelve insurers filed to offer individual plans through Cover Oregon, which will serve as Oregon’s health insurance marketplace. Eight filed to provide coverage for employers with 50 or fewer employees.
Insurers will begin enrolling customers in… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Wendy Culverwell Source Type: research
Piper Charitable Trust doles out $3.8M in grants to Phoenix-area groups
The Virginia G. Piper Charitable Trust today announced it doled out more than $3.8 million in grants from February to April to a number of Maricopa County organizations, including $2 million to the Banner MD Anderson Cancer Center.
The grant will support the Gilbert cancer center’s Cancer Has Met Its Match campaign, which provides money for capital, programs and services that assist patients and their families.
More than $500,000 in clothing grants were awarded to 305 Title I public elementary… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Tim Gallen Source Type: research
Revenue up, net loss shrinks at MRI Interventions
Memphis-based MRI Interventions increased revenue by more than 32 percent in the first quarter of 2013 to $1.3 million and significantly cut its net loss.
MRI Interventions (OTC: MRIC) developed and sells ClearPoint, a minimally invasive neurosurgical device system that uses MRI scanners to pinpoint designated areas in the brain for surgery. The device enables surgeons to perform surgeries while patients are in MRI scanners. The company also sells attachments and disposable components used with… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 9, 2013 Category: American Health Authors: Michael Sheffield Source Type: research
US warheads to get a facelift
Nature 497, 7448 (2013). http://www.nature.com/doifinder/10.1038/497165a
Author: Jeff Tollefson
Obama boosts ‘stockpile stewardship’ funds at energy labs. (Source: Nature)
Source: Nature - May 7, 2013 Category: Research Authors: Jeff Tollefson Tags: News Source Type: research
Three Large-Scale Changes To The Medicare Program Could Curb Its Costs But Also Reduce Enrollment [Sustaining Medicare]
With Medicare spending projected to increase to 24 percent of all federal spending and to equal 6 percent of the gross domestic product by 2037, policy makers are again considering ways to curb the program’s spending growth. We used a microsimulation approach to estimate three scenarios: imposing a means-tested premium for Part A hospital insurance, introducing a premium support credit to purchase health insurance, and increasing the eligibility age to sixty-seven. We found that the scenarios would lead to reductions in cumulative Medicare spending in 2012–36 of 2.4–24.0 percent. However, t...
Source: Health Affairs - May 6, 2013 Category: Global & Universal Authors: Eibner, C., Goldman, D. P., Sullivan, J., Garber, A. M. Tags: Access To Care, Health Reform, Hospitals, Medicare, Physicians, Quality Of Care, Health Spending Sustaining Medicare Source Type: research
Best of MSPBJ: 40 Under 40 honorees + Pohlads quickly build auto empire + Banks double down on fees
A few weeks ago the Minneapolis/St. Paul Business Journal announced this year's 40 Under 40 honorees, a lit that includes young Twin Cities business and community leaders.
Most of that content was available only to our subscribers, but now everyone can read about these young business leaders — along with several other stories on banking, retailing and social media that are no longer behind our paywall.
While a large percentage of our online content is free to all readers, the premium content… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 5, 2013 Category: American Health Authors: Ed Stych Source Type: research
Julep Ball: Red carpet with a cause
Ah, the start-studded Derby Eve gala.
It's as Derby as Derby-Pie and almost as sweet.
But the stars that came to the KFC Yum! Center for Friday night's Julep Ball -- including actor David Arquette, fashion designer Christian Soriano and comedian Fred Willard -- weren't just there for fun. They also were helping the University of Louisville's James Graham Brown Cancer Center raise money and awareness.
The ball, which was called the Mint Jubilee until 2010, has helped the center raise more than… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 4, 2013 Category: American Health Authors: David A. Mann Source Type: research
[Editorial] Guantanamo: hunger strikes and a doctor's duty
“It can't go on like this” is a common response to a desperate situation: yet too often it can, and it does. Such is the case with the US Department of Defense's detention facilities at the Guantanamo Bay naval base in Cuba. In 2009, US President Barack Obama signed an Executive Order “to effect the appropriate disposition of individuals currently detained…and promptly to close detention facilities”. 4 years on, the facilities—and an estimated 166 detainees—remain. At the time of going to press, it has been reported that 100 detainees are on hunger strike, and about 40 extra medical staff have arrived. (Source: LANCET)
Source: LANCET - May 4, 2013 Category: Journals (General) Authors: The Lancet Tags: Editorial Source Type: research
[News of the Week] Random Samples
This week, President Barack Obama delivered a speech at the U.S. National Academy of Sciences to celebrate its 150th anniversary, the debate over the "volcanic winter" scenario at Mount Toba continues, and researchers have discovered the original color of Abraham Lincoln's funeral train car. (Source: Science: Current Issue)
Source: Science: Current Issue - May 3, 2013 Category: Science Authors: Stewart Wills (mailto:swills at aaas.org) Source Type: research
Proof Sought For Chemical Weapons
Investigation: Obama warns against a rush to judgment in Syria, wants more evidence before deciding on a response (Source: Chemical and Engineering News)
Source: Chemical and Engineering News - May 2, 2013 Category: Chemistry Authors: Glenn Hess Source Type: research
Neuroscientists Weigh In on Obama's BRAIN Initiative
In February, President Barack Obama hinted that the White House would soon announce a large-scale initiative aimed at mapping the activity in the brain at the cellular level. Several scientists confirmed the project would probably be based on the Brain Activity Map proposal outlined in Neuron in June 2012. Scientific American Mind asked a few top neuroscientists what they think. [More] (Source: Scientific American - Official RSS Feed)
Source: Scientific American - Official RSS Feed - May 2, 2013 Category: Science Tags: Mind & Brain,Neuroscience,More Science,Mind Brain,Everyday Science Source Type: research
Suspect charged over ricin letters
Mississippi man alleged to have sent potent toxin to President Obama and other public figures (Source: Chemistry World | Latest News)
Source: Chemistry World | Latest News - May 1, 2013 Category: Chemistry Authors: Rebecca Trager Source Type: research
Alzheimer's Association Update
In April, the administration of U.S. President Barack Obama announced that the President's 2014 budget includes $100 million dedicated to the fight against Alzheimer's and the implementation of the National Plan to Address Alzheimer's Disease. The new Alzheimer's resources would be used to fund research, awareness, education and outreach, and caregiver support. The budget also includes $100 million for the Brain Research through Advancing Innovative Neurotechnologies (BRAIN) Initiative, announced in March. The budget has been presented for consideration to the U.S. Congress. (Source: Alzheimer's and Dementia: The Journal ...
Source: Alzheimer's and Dementia: The Journal of the Alzheimer's Association - May 1, 2013 Category: Geriatrics Tags: Association Pages Source Type: research
Seattle researchers fear federal cuts will cost lives and jobs
Seattle scientists are worried that lives and jobs will be lost if federal budget cuts to cancer and health care research aren’t reversed.
The issue brought together a number of experts Tuesday at the Fred Hutchinson Cancer Research Center to meet with U.S. Sen. Patty Murray (D-Wash.), for a discussion on sequestration cuts to the National Institutes of Health (NIH).
The NIH provides about $300 million a year to The Hutch in research grants. Institute leadership is anticipating losing 5 percent… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Valerie Bauman Source Type: research
Waikiki Health closes North Shore clinic, but eyes other expansion plans
Waikiki Health, formerly known as Waikiki Health Center, closed its Hoola Like Clinic on the North Shore of Oahu on Tuesday, but is in the midst of expansion on several other fronts.
The nonprofit provides a variety of medical care and social service programs, including women’s care. It previously provided women’s health services at the Hoola Like Clinic, which was located in the Queen Liliuokalani Church in Haleiwa. Waikiki Health also offers women’s health services at two other locations:… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Jenna Blakely Source Type: research
Court denies HealthSouth's motion over dismissal of Ernst & Young claims
The Circuit Court of Jefferson County has denied HealthSouth Corp.'s motion to vacate an American Arbitration Association panel's dismissal of the company's claims against its former auditor, Ernst & Young.
The ruling stems from the accounting scandal that occurred more than a decade ago at the Birmingham-based provider of inpatient rehabilitation clinics.
HealthSouth has claimed, among other things, that Ernst & Young, from 1996 to 2002, "acted recklessly and with gross negligence and failed to… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Yann Ranaivo Source Type: research
Hospice Wake County wins customer satisfaction award
Hospice of Wake County has been named a 2013 Hospice Honors recipient, recognizing it as one of the top 100 agencies nationwide.
The award was established by Deyta, a company that helps organizations measure and manage customer satisfaction, which reviews 1,200 survey results submitted to the Family Evaluation of Hospice Care (FEHC).
Opened in 1979, Hospice of Wake County provides physical, emotional and spiritual care to those living with an advanced illness, their caregivers, and those who have… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Jason deBruyn Source Type: research
Quintiles’ go-public date set for May 10
Quintiles’ big day is swiftly approaching. The mammoth contract research organization has a date: May 10.
That’s the day when the Durham company could officially become “Q” on the New York Stock Exchange. With a range of $36 to $40 per share, the $750 million deal would make Quintiles the third-largest IPO so far this year.
It would also bring about a big payday for founder Dennis Gillings and other investors, such as Mitt Romney’s former outfit Bain Capital. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Lauren K. Ohnesorge Source Type: research
Thomas Thurston's secret algorithms for picking VC winners
On Monday I told you about Thomas Thurston, a Portland researcher who’s working with legendary investment banker Bill Hambrecht.
Thanks in large part to Thurston’s influence, Hambrecht and his partners at San Francisco venture capital firm Ironstone Group will journey to Portland in mid-May to hear investment pitches from 28 Oregon startups. Ironstone will sift the companies using algorithms developed by Thurston and designed to identify companies with the potential to disrupt their markets.
I… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Robert Goldfield Source Type: research
Feds investigating Tenet's Atlanta hospitals
Several Atlanta hospitals owned by Tenet Healthcare Corp. are being investigated by federal officials over potential kick-back violations.
In filings with the Securities and Exchange Commission, Dallas-based Tenet (NYSE: THC) says it has received a subpoena from the Office of the Inspector General of the U.S. Department of Health and Human Services seeking documents from January 2004 through May 2012 related to the relationship that Atlanta Medical Center, North Fulton Regional Hospital, South Fulton… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Source Type: research
HMO trade group breaks down health care reform
The California Association of Health Plans — the trade group for the HMO industry — is weighing in with its own version of how the Affordable Care Act will affect consumers and change the state’s insurance market.
The biggest impact will be in the individual market, where some small businesses and individuals purchase coverage, according to the association’s Affordable Care Act 101 Guide.
Restructuring of the state’s individual insurance market will mean more comprehensive benefits, expanded… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Kathy Robertson Source Type: research
Vertex beats Wall Street estimates on revenues, net loss
Vertex Pharmaceuticals Inc. (Nasdaq:VRTX) was up in the first few minutes of after-hours trading following its report that revenue for the first three months of the year was $328 million, down 25 percent from the same period last year, but beating analyst expectations of $308 million.
The Cambridge, Mass. biotech said after the close of markets on Tuesday that it saw a net loss of $308 million, or $1.43 per share, for the first quarter of 2013, but most of that was due to a one-time impairment charge… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Don Seiffert Source Type: research
Seattle biotech Kineta has a plan for faster investor returns
A new biotech business model aimed at earning faster returns for investors will be facing its first test in the next 12 months.
Seattle-based biotech Kineta is taking a nontraditional approach, essentially hoping to make a profit more quickly by licensing its drug discoveries without investing heavily in production.
“It doesn’t have to take forever to develop a drug,” said Charles Magness, president and CEO of Kineta. “It doesn’t have to cost $1.5 billion.”
The traditional model for… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 30, 2013 Category: American Health Authors: Valerie Bauman Source Type: research
NEVCA head C.A. Webb talks growth & change in the VC community
C.A. Webb, formerly director of marketing at Care.com, took over as executive director of the New England Venture Capital Association in January 2012. Webb says she's been working since that time to make the organization more visible and active in promoting the region's venture-funded economy.
The association has held a number of high-profile events under her leadership, for instance, including talks from Facebook COO Sheryl Sandberg and prominent venture capitalist Brad Feld of Foundry Group. And… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 26, 2013 Category: American Health Authors: Kyle Alspach Source Type: research
Scotttsdale Healthcare, JCL combine forces but don’t call it a merger
Scottsdale Healthcare and John C. Lincoln Health Network didn’t merge this week, but they’ve decided to form an affiliation between the two networks.
Here’s a quick primer on what it will mean:
The deal: Officials with the hospital groups say it isn’t a merger, but it would affiliate the two systems and create a whole new nonprofit called Scottsdale Lincoln Health Network.
Date completed: July 31
Financing: No money exchanged hands between the two.
Structure: Despite it not being a merger,… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 26, 2013 Category: American Health Authors: Angela Gonzales Source Type: research
Top of the List: Credit Unions
This week, the Kansas City Business Journal ranks the area’s top credit unions based on 2012 assets.
See the top 5
For the full list, subscribers can take a look at the print edition of the Kansas City Business Journal. The list also includes number of offices, year founded, membership criteria, and a re-ranking based on number of members. This week’s edition also includes a list of Top Area Savings & Loans along with expanded content with each list. (Subscribers, click here for the digital… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 26, 2013 Category: American Health Authors: Jonna Lorenz Source Type: research
Uninsured population swells in advance of new health law
More than 80 million adults with medical conditions avoided seeing a doctor last year, according to a new study.
The Commonwealth Fund, a New York-based nonprofit group that advocates for better health care, says about 84 million Americans were uninsured or underinsured last year, 20 million more than in 2003, Bloomberg reports.
At least 85 percent of these people will become eligible for some type of subsidized or government health insurance next year when the core parts of the new health care… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 26, 2013 Category: American Health Authors: Mike W. Thomas Source Type: research
Governor’s prognosis: cuts would hurt KU Med
Kansas Gov. Sam Brownback said on Thursday that cutting state funding to the University of Kansas Medical Center would be a “momentum killer” for the institution, KCUR reports.
Brownback spoke at KU Medical Center in an attempt to convince lawmakers to hold steady on funding for the state’s universities by extending a sales tax set to expire in July. The appearance in Kansas City, Kan., follows speeches at other campuses.
Doug Girod, executive vice chancellor of KU Medical Center, said a… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 26, 2013 Category: American Health Source Type: research
Veterans raise concerns about visiting Aurora hospital
The site of the future Veterans Affairs hospital in Aurora is causing some concerns for veterans, who worry how they’ll make their way from a nearby light-rail stop to the hospital, the Aurora Sentinel reports.
The current plans would require veterans arriving via the planned light-rail stop at East Colfax Avenue and Potomac Street to travel about a half-mile to the hospital, which is scheduled to open in October 2015 on the Anschutz Medical Campus. The light-rail station is expected to open early… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 26, 2013 Category: American Health Source Type: research
