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HealthSouth 1Q profit doubles on tax benefits

April 28, 2011 5:45 pm | by The Associated Press | Comments

HealthSouth Corp., which provides inpatient rehabilitation services, said Thursday its profit more than doubled in the first quarter as it received two large tax benefits.HealthSouth said its profit rose to $73.3 million from $34.2 million. Its per-share profit grew to 73 cent from 37 cents....

Aetna enters reinsurance deal with Vitality Re II

April 28, 2011 1:45 pm | by The Associated Press | Comments

Health insurer Aetna Inc. said Thursday that it entered into a three-year reinsurance agreement with Vitality Re II Limited, which it formed to reduce its capital requirements and risk.The deal provides $150 million of collateralized excess of loss reinsurance coverage on a portion of Aetna's...

Fitch boosts ratings on Health Management

April 28, 2011 1:45 pm | by The Associated Press | Comments

Fitch Ratings on Thursday upgraded its issuer default rating on Health Management Associates Inc. by one notch, citing an improvement in the company's earnings and debt load since 2008.The rating of BB-, up from B+, applies to about $3 billion in debt, and Fitch said its outlook was stable,...


Omnicare 1Q profit falls 42 percent on costs

April 28, 2011 12:45 pm | by The Associated Press | Comments

Omnicare Inc., which dispenses drugs to nursing homes and long-term-care facilities, said Thursday its profit fell 42 percent in the first quarter on higher costs and charges.Omnicare earned $29.3 million, or 26 cents per share, down from $50.9 million, or 43 cents per share, during the same...

Folic acid for everybody -- arguments in favor of food fortification

April 28, 2011 12:37 pm | by EurekAlert | Comments

(Deutsches Aerzteblatt International) Neural tube defects in neonates are common in Germany compared with the rest of Europe. Extensive folic acid fortification of foods in Germany might prevent these in 85-100 percent of cases, Wolfgang Herrmann and Rima Obeid argue in this issue...

Success of First World Congress of Pediatric Urology underscores increasing importance of specialty

April 28, 2011 11:38 am | by EurekAlert | Comments

(Elsevier Health Sciences) The first World Congress of Pediatric Urology was held in San Francisco in May 2010, bringing together the largest and most successful international congregation of pediatric urologists ever assembled. As part of a collaborative effort, the Journal of...

Preliminary program announced for 2nd Asia-Pacific Osteoporosis & Bone Meeting

April 28, 2011 11:38 am | by EurekAlert | Comments

(International Osteoporosis Foundation) The preliminary program has been announced for most important bone meeting in the Asia-Pacific region of 2011. IOF and the ANZBMS invite researchers and clinicians to submit their abstracts before May 17, 2011.

Guidelines on rare diseases: Methods on handling evidence neither identified nor required

April 28, 2011 11:38 am | by EurekAlert | Comments

(Institute for Quality and Efficiency in Health Care) How the frequently poor evidence on rare diseases is to be handled has so far been scarcely addressed in manuals and methods papers for developing guidelines or HTA reports. No standardized methodological approach can be...


FDA Approves Zytiga for Late-Stage Prostate Cancer

April 28, 2011 11:36 am | by Bio-Medicine.Org | Comments

SILVER SPRING, Md., April 28, 2011 /PRNewswire-USNewswire/ -- The U.S. Food and Drug Administration today approved Zytiga (abiraterone acetate) in combination with prednisone (a steroid) to treat patients with late-stage (metastatic) castration-resistant prostate cancer who have received...


Use of costly breast cancer therapy strongly influenced by reimbursement policy

April 28, 2011 11:33 am | by EurekAlert | Comments

(Journal of the National Cancer Institute) What Medicare would pay for and where a radiation oncologist practiced were two factors that strongly influenced the choice of intensity-modulated radiation therapy (IMRT) for treating breast cancer, according to an article published April 29...

Testing With Data to Get a More Convenient Diagnosis

April 28, 2011 11:32 am | by Bio-Medicine.Org | Comments

SHENZHEN, China, April 28, 2011 /PRNewswire-Asia/ -- When running a company, school or hotel, we judge the running condition by a series of data, which presents us with everything completely and obviously. It is almost the same case with a hospital. Doctors need exact test data to...


Masimo Launches New Reusable SpCO® Sensor with Improved Accuracy and Reliability in Low Oxygen Saturation and Elevated Methemoglobin States

April 28, 2011 11:32 am | by Bio-Medicine.Org | Comments

IRVINE, Calif., April 28, 2011 /- Masimo Corporation (NASDAQ: MASI ) announced today the availability of new, enhanced versions of its reusable, noninvasive carboxyhemoglobin (SpCO) sensors—with improved accuracy and reliability performance for patients with low oxygen saturation...


Summary Box: Aetna's 1Q profit, 2011 forecast grow

April 28, 2011 10:45 am | by The Associated Press | Comments

THE RESULTS: Health insurer Aetna Inc. said Thursday its first-quarter net income rose 4 percent to $586 million, or $1.50 per share. Revenue fell 3 percent to $8.39 billion. Adjusted earnings were $1.43 per share.THE EXPECTATIONS: Analysts surveyed by FactSet forecast, on average, earnings of 96...

Zimmer Holdings 1Q profit rises 2 percent

April 28, 2011 9:45 am | by The Associated Press | Comments

Orthopedic implant maker Zimmer Holdings Inc. said Thursday its first-quarter profit rose 2 percent on higher sales of reconstructive, dental and other products.The company reported net income of $208.9 million, or $1.08 per share, up from $205.4, or $1.01 per share, a year earlier. Sales rose...

Particle Sciences and Celanese EVA Performance Polymers Collaborate to Accelerate Drug-Eluting Device Combinations

April 28, 2011 9:36 am | by Bio-Medicine.Org | Comments

BETHLEHEM, Pa., April 28, 2011 /- Particle Sciences Inc. (PSI), a leading pharmaceutical CRO, and Celanese EVA Performance Polymers, a leading supplier of ethylene vinyl acetate (EVA) into pharmaceutical applications, are working together to streamline the development of drug-eluting...



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