Stephanie Bouchard
A dermatology product manufacturer purchased by pharmaceutical company GlaxoSmithKline in 2009 and its former chief executive are being sued by federal regulators for allegedly defrauding employee shareholders of more than $110 million.
If the Internal Revenue Service's audits prove founded, medical device maker, Boston Scientific, owes more than $1 billion in back taxes.
As the country faces a shortage of doctors in the coming decades as the demand for them increases, one Midwestern state has put a number on just how many extra doctors per year it will need to avoid a crisis: 100.
Hospitals across the country have been rocked by nursing strikes over the last year. The coming months show no letup, which means that hospitals will continue to face major disruptions, both financial and otherwise.
The legal challenges to the Affordable Care Act have been numerous but finally the highest court in the country will be ruling on the healthcare law – right in the middle of the 2012 presidential campaign.
The sound of doctors running from their private practices has become steady. Over the course of 2011, news reports consistently noted the exodus. Executive vice president of the Maine Medical Association, Gordon Smith, told Healthcare Finance News that the rush of doctors abandoning private practice “was epidemic.”
Throughout 2011, the sustainable growth rate (SGR) issue continued to intensify. Stakeholders within the healthcare industry, in particular those groups representing physicians, lobbied Congress vigorously to “fix” the SGR permanently. Many hoped that the Joint Selection Committee on Deficit Reduction, the so-called supercommittee, would offer up a solution as it deliberated on how to reduce the federal deficit.
The biggest issues impacting doctors in 2011 are going to be dogging them into 2012 says the Physicians Foundation, a nonprofit organization that supports physicians.
A contract that enticed a 150-member doctor group affiliated with Beth Israel Deaconess Medical Center to Steward Health Care System continues to cause concern in Massachusetts.
Cardinal Health, a Dublin, Ohio-based, Fortune 19, healthcare services company has been ranked in the number one spot in Gartner's third annual Healthcare Supply Chain Top 25, replacing med-surg supplier Owens & Minor, which dropped to fifth place.