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Illumina 4Q profit surges on product sales

February 8, 2011 2:45 pm | Comments

Genetic analysis instrument maker Illumina Inc. said Tuesday that its fourth-quarter net income more than tripled on product sales.The company reported net income of $38.4 million, or 25 cents per share, for the three months ended Jan. 2. That compares with net income of $11.7 million, or 9...

Court won't block Medtronic heart valve launch

February 8, 2011 1:45 pm | by The Associated Press | Comments

A federal court in Delaware has denied Edwards Lifesciences Corp.'s request to block the manufacture of a heart valve from rival Medtronic Inc. which was found to infringe on a key technology patent.While clearing the way for Medtronic's device, the court also affirmed an earlier penalty that...

Cerner 4Q profit rises 17 percent

February 8, 2011 1:45 pm | by The Associated Press | Comments

Health care information technology provider Cerner Corp. said Tuesday its profit rose 17 percent in the fourth quarter amid higher support and services revenue.The company reported net income of $70.6 million, or 82 cents a share, for the quarter ended Jan. 1. That compares with net income of...

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Malnutrition: A skeleton in the health care closet

February 8, 2011 1:36 pm | by EurekAlert | Comments

(Wiley-Blackwell) Many elderly Australians are either admitted to hospital suffering malnutrition, or become malnourished while in hospital, which increases hospital length of stay and health care costs. In her lead article in the Dietitians Association of Australia's journal,...

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CMS Selects Sites for Imaging Demonstration Project

February 8, 2011 1:33 pm | by Diagnostic Imaging | Comments

Can computerized decision support systems reduce unnecessary advanced imaging tests and radiation exposure? That's what planners of the Medicare Imaging Demonstration (MID) project hope to find out in their two-year study. CMS last week announced the selection of five participants in the...

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Boston Scientific Welcomes Publication of Gender Data Highlighting Benefits Women Receive From CRT-Ds

February 8, 2011 12:35 pm | by Boston Scientific | Comments

NATICK, Mass., Feb. 8, 2011 /PRNewswire/ -- Boston Scientific Corporation (NYSE: BSX) today welcomed the publication of a sub-analysis of the MADIT-CRT trial data in the current issue of the Journal of American College of

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Seniors in Dallas-Fort Worth Report Problems Obtaining Needed Home Medical Equipment Services under Controversial Medicare Bidding Program

February 8, 2011 12:35 pm | by Bio-Medicine.Org | Comments

DALLAS, Feb. 8, 2011 /PRNewswire-USNewswire/ -- Medicare beneficiaries are reporting problems receiving medically required home medical equipment and services following the January 1, 2011 implementation of Medicare's new "competitive" bidding program in nine regions across the U.S.,...

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Health insurers adjust to once-scary reform rule

February 8, 2011 11:45 am | by TOM MURPHY - AP Business Writer - Associated Press | Comments

A new health care overhaul mandate that once stirred fear among insurers is proving to be challenging — but not too challenging — as it makes its debut in 2011.Major health insurers say a provision that requires them to spend a certain percentage of the premiums they collect on care-related...

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Major step taken toward an open and shared digital brain atlasing framework

February 8, 2011 11:38 am | by EurekAlert | Comments

(INCF - International Neuroinformatics Coordinating Facility) Modern brain research generates immense quantities of data across different levels of detail using a wide array of methods. Integrating findings across levels of detail and from different databases is therefore...

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Study suggests why HIV-uninfected babies of mothers with HIV might be more prone to infections

February 8, 2011 11:38 am | by EurekAlert | Comments

(Imperial College London) Babies whose mothers have HIV, but who are not HIV-infected themselves, are born with lower levels of specific proteins in their blood called antibodies, which fight infection, compared with babies not exposed to HIV, a new study has found.

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World Entrepreneurship Forum's White Paper brings entrepreneurs' recommendations to global village

February 8, 2011 11:37 am | by EurekAlert | Comments

(Nanyang Technological University) The 2011 edition of the World Entrepreneurship Forum will take place in Singapore Nov. 2-5, 2011. The Forum today released its latest White Paper, focused on "The World in 2050." At a time where population is growing, aging, global poverty is...

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Medtronic gets OK for scan-friendly pacemaker

February 8, 2011 10:45 am | by The Associated Press | Comments

Medtronic Inc., the world's largest medical device company, said Tuesday it has received U.S. approval for the first pacemaker designed to be safely used with MRI scanners.Patients with the heart-pacing implants are strongly discouraged from having MRI scans because the radio waves could...

Moody's puts Beckman Coulter debt on review

February 8, 2011 10:45 am | by The Associated Press | Comments

Moody's Investors Service said Tuesday it put the debt of medical equipment maker Beckman Coulter Inc. on review for a possible upgrade after news that the company will be purchased by rival equipment maker Danaher Corp.The ratings agency also put a "Baa3" rating on Beckman Coulter's $1.4...

Beckman Coulter to pay final dividend

February 8, 2011 10:45 am | by The Associated Press | Comments

Medical testing instrument maker Beckman Coulter Inc. said Tuesday it will pay a quarterly dividend of 19 cents per share.The dividend is payable on March 13 to stockholders of record on March 3.The company expects it to be the final dividend payout pending completion of the merger with Danaher...

Centene 4Q profit rises 7 percent

February 8, 2011 9:45 am | by The Associated Press | Comments

Medicaid coverage provider Centene Corp. said Tuesday its fourth-quarter earnings rose 7 percent on membership growth and higher premium rates.The company earned $25.4 million, or 50 cents per share, up from $23.7 million, or 53 cents per share, during the same period a year prior. Centene had...

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