Business & Financial
Wisconsin Gov. Jim Doyle has signed legislation that requires hospitals, physicians and other healthcare providers to disclose the cost of the most common procedures they perform so consumers have price-estimates before choosing a provider, according to a release by Gov. Doyle.
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Bob Carter, MD, PhD, has been named chief of the division of neurosurgery at the University of California San Diego Medical Center and Moores UCSD Cancer Center, according to a UCSD news release.
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Blue Cross Blue Shield of Michigan's subsidiary, Blue Care Networks of Michigan, abandoned its attempt to purchase Physicians Health Plan of Mid-Michigan after the Department of Justice informed the companies that it would file an antitrust lawsuit to block the acquisition, according to a DOJ news release.
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DePuy Orthopaedics, a division of Johnson & Johnson, is warning that its ASR hip implant has a high failure rate in some patients. This warning comes after the company announced last year it would phase out sales of the implant due to slowing sales, according to a report by the New York Times.
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The Society for Minimally Invasive Spine Surgery has launched SMISS Highlights, an online series of CME-accredited, free education modules for spine surgeons, according to a SMISS news release.
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The Centers for Medicare and Medicaid Services released a series of questions and answers related to the recently eliminated physician consultation CPT codes, which address how evaluation and management services should be reported to CMS.
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Smith & Nephew's Endoscopy Division has launched the FAST-FIX 360 Meniscal Repair System — a next generation device that applies novel engineering to provide surgeons with easy implant deployment, speed and superior fixation strength with minimal disruption to the meniscus — that will be featured at the American Academy of Orthopaedic Surgeons annual meeting in New Orleans, according to a Smith & Nephew news release.
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This article focuses on the pricing by companies that purchase majority interests in ambulatory surgery centers (ASCs). Currently, there are three public companies that buy majority interests in ASCs and eight to ten private companies that fit into this category. These companies generally buy more than 50 percent of the interests or assets in an ASC transaction, typically buying anywhere from 51-66 percent of such interests or assets. There are also several companies that focus on acquiring minority interests in ASCs. The lists below are not all-inclusive lists nor do they specifically focus on hospital acquisitions of ASCs, which is also an incredibly active part of the market.
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Orthopedics can be a profitable service line for your hospital due to good reimbursement and increased demand for orthopedic surgeries. With a few adjustments, hospitals can move their orthopedics lines from good to exceptional.
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Connecticut's Attorney General Richard Blumenthal notified Department of Health and Human Services Secretary Kathleen Sebelius of "most-favored nation" clauses included in many Anthem Blue Cross & Blue Shield contracts in his state, according to a report in the Hartford Courant.
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Cranbury, N.J.-based Replication Medical, a developer of proprietary, hydrogel based products for the spine and other surgical applications, has received a CE mark for its GelFix Posterior Spinal Distraction implant, according to a Replication news release.
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- CMS: Physicians Not Enrolled in Medicare or With Old Information Should Submit Initial Enrollment Form
- X-Spine Systems to License Gamma Spine's Minimally Invasive Spinal Fixation Technology
- OIG: RAC Program Lacks Sufficient Fraud Training
- Smith & Nephew Introduces System to Eliminate Radiation Exposure During Intramedullary Nail Cases
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