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WellPoint CEO received 3 percent raise last year(2)

March 18, 2011 3:46 pm | Comments

The president and CEO of health insurer WellPoint Inc. received a 3 percent boost in total compensation in 2010 even as the company's profit and enrollment numbers slipped during a transitional year for U.S. health care companies.The Indianapolis-based insurer awarded Angela Braly a total pay...

WellPoint CEO received 3 percent raise last year

March 18, 2011 3:45 pm | Comments

The president and CEO of health insurer WellPoint Inc. received a 3 percent boost in total compensation in 2010 even as the company's profit and enrollment numbers slipped during a transitional year for U.S. health care companies.The Indianapolis-based insurer awarded Angela Braly a total pay...

Medco receives subpoena from SEC on consultant

March 18, 2011 2:45 pm | by The Associated Press | Comments

Pharmacy benefit manager Medco Health Solutions Inc. said Friday that the Securities and Exchange Commission has subpoenaed documents related to its dealings with a former consultant who is under investigation for fraud.Franklin Lakes, N.J.-based Medco has previously disclosed that the California...

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Lilly and Avid Receive Complete Response Letter from FDA for Amyvidâ„¢ (florbetapir F 18 injection)(10)

March 18, 2011 2:34 pm | Comments

INDIANAPOLIS and PHILADELPHIA, March 18, 2011 /- Eli Lilly and Company (NYSE: LLY ) and its wholly owned subsidiary, Avid Radiopharmaceuticals, Inc., have received a complete response letter from the U.S. Food and Drug Administration (FDA) for their New Drug Application (NDA) for...

FDA Panel Struggles to Agree on Effectiveness of Tumor Device

March 18, 2011 2:34 pm | by U.S. Food & Drug Administration | Comments

An FDA advisory panel reached deadlock over the effectiveness of a novel device that blasts glioblastoma multiforme (GBM) brain tumors with an electrical field, with the panel chair breaking the tie in favor of the device.

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Cigna CEO sees 2010 pay jump in first year on job

March 18, 2011 1:45 pm | by The Associated Press | Comments

The new CEO of managed-care company Cigna Corp. received a pay package worth more than $15 million last year.That's more than double the 2009 compensation total for David Cordani, who took over as CEO at the start of 2010.The leader of the fourth-largest health insurer based on enrollment...

BD Completes Acquisition of Accuri Cytometers, Inc.

March 18, 2011 12:37 pm | by Bio-Medicine.Org | Comments

FRANKLIN LAKES, N.J., March 18, 2011 /- BD (Becton, Dickinson and Company) (NYSE: BDX ), a leading global technology company, today announced the completion of its acquisition of Accuri Cytometers, Inc., an Ann Arbor, Michigan-based company that develops and manufactures personal flow...

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BridgePoint Medical Names Industry Veteran as Chief Executive Officer

March 18, 2011 12:35 pm | by Bio-Medicine.Org | Comments

MINNEAPOLIS, March 18, 2011 /- BridgePoint Medical, Inc., a Minnesota based medical device company, has announced that Denis Harrington has joined the company as President and Chief Executive Officer.  A seasoned medical device executive with nearly two decades of experience in the...

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Midland Family Undergoes Bariatric Surgery at Hurley Medical Center--Loses 445 Pounds & Countingâ??Tells their Life-Saving Story to Media on March 18, 2011

March 18, 2011 12:35 pm | by Bio-Medicine.Org | Comments

FLINT, Mich., March 18, 2011 /PRNewswire-USNewswire/ -- The Aeschliman family of Midland, Michigan have a new lease on life. Nancy Aeschliman Grau and her three children—Katie, Chris, and Mike ALL underwent Roux-en-Y bariatric surgery at Hurley Medical Center—the first...

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Bi-Partisan Legislation Introduced Would Repeal Controversial Medicare 'Competitive Bidding' Requirements for Home Medical Equipment

March 18, 2011 12:34 pm | by Bio-Medicine.Org | Comments

HARRISBURG, Pa., March 18, 2011 /- Pennsylvania Association of Medical Suppliers (PAMS) today applauded legislation introduced by Congressmen Glenn "GT" Thompson (R-Centre) and Jason Altmire, (D-Allegheny) that would repeal Medicare's controversial competitive bidding program for home...

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TSX-listed corporate dividends and distributions declared March 18, 2011

March 18, 2011 10:45 am | by The Associated Press | Comments

Dividends or distributions were declared or updated on the followed listed issues on the Toronto Stock Exchange on March 18, 2011.Major Drilling Group International Inc. (TSX:MDI): $0.22. Payable Nov 01. Record Oct 08.Medical Facilities Corporation Ipss (TSX:DR.UN): $0.0917. Payable Apr 15....

CPEX renews backing for FCB deal

March 18, 2011 10:38 am | by Mass High Tech: The Journal of New England Technology | Comments

CPEX Pharmaceuticals Inc. fired the latest shot in the fight with a key stockholder over its agreement to be acquired by FCB I Holdings Inc. The company is recommending that stockholders approve the merger with FCB for $77.6 million.

Ohio State Chiropractic Association (OSCA) Announces Continued PPACA Claims Regulation Training in an Effort to Meet the Deadline on July 01, 2011 for Full Enforcement of Federal H...

March 18, 2011 7:45 am | by The Associated Press | Comments

On March 16, 2011, Ohio State Chiropractic Association (OSCA) announced that it was sponsoring the second PPACA Claims Regulations Claims Specialist training in an effort to meet a July 01, 2011 deadline for full enforcement of the Federal Health Reform Law, Patient Protection and...

Turbulent Times Ahead for Independent Imaging Facilities

March 18, 2011 7:35 am | by Diagnostic Imaging | Comments

The uncertainty of today's healthcare environment is just another hurdle in the daily operation of an imaging facility. How this and other challenges are handled will certainly determine the viability of your business.

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For Radiology Assistants: To Bill or Not to Bill?

March 18, 2011 7:35 am | by Diagnostic Imaging | Comments

Radiologist assistants (RAs) and radiology practitioner assistants (RPAs) may be highly educated and experienced, but CMS won't pay for their services in all settings. Reimbursement depends on the setting (office, hospital inpatient or outpatient, and independent diagnostic testing...

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