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American Association for Homecare commends bipartisan lawmakers

The American Association for Homecare praised a bipartisan group of lawmakers in the House of Representatives for backing introduction of H.R. 3790, a bill to eliminate the controversial, deeply flawed "competitive" bidding program for durable medical equipment and services in Medicare.

21 Oct 2009

Medicaid beneficiaries with disabilities frequently have multiple chronic conditions, says study

Medicaid beneficiaries with disabilities frequently have multiple chronic conditions, and very high rates of psychiatric illness and cardiovascular disease, according to a study released today by the Center for Health Care Strategies.

21 Oct 2009

Elan announces fiscal 2009 third-quarter results

Elan Corporation, plc today reported its third quarter 2009 financial results.

21 Oct 2009

Rural doctors, administrators push for health reform to include safeguards against Rx drug abuse

An increase in prescription drug fraud has caused doctors and hospital administrators to call for legislation to provide stronger safeguards. They say that such measures are especially important to protect government programs such as Medicaid and that heath reform proposals should increase coverage for drug treatment and rehabilitation. They note that prescription drug abuse and Medicaid fraud are especially sensitive issues in rural areas that struggle to attract providers.

21 Oct 2009

Pfizer announces fiscal 2009 third-quarter results

Pfizer Inc. today reported financial results for third-quarter 2009. Revenues were $11.6 billion, a decrease of 3% compared with $12.0 billion in the year-ago quarter.

20 Oct 2009

Unitedhealth announces third quarter results; reports growth in revenues and net earnings

UnitedHealth Group reported third quarter results today, including growth in revenues and net earnings and a continued strong financial position.

20 Oct 2009

A.P. Pharma to raise funds through placement

A.P. Pharma, a specialty pharmaceutical company, today announced it has entered into a definitive securities purchase agreement with certain existing accredited investors providing for a private placement of up to $13.1 million in two tranches, the first consisting of common stock and warrants with aggregate proceeds of approximately $8.1 million, and a second tranche of common stock with proceeds of approximately $5 million.

20 Oct 2009

Pharmacy services still in demand despite recession

Despite the onset of an economic recession during 2008, pharmacy services were still in demand due to their value in the health care delivery system. The average community pharmacy saw its total sales increase by 7.6% to $3.9 million.

20 Oct 2009

Two high blood pressure medicines effective in treating stable ischemic heart disease

Two medications commonly used to treat high blood pressure appear to be effective in treating a common type of heart disease known as stable ischemic heart disease, according to a new comparative effectiveness review funded by HHS' Agency for Healthcare Research and Quality.

20 Oct 2009

RA patients who adhere to their prescription drug regimen have better outcome: Study

Rheumatoid arthritis (RA) patients who regularly adhere to their prescription drug regimen have fewer emergency room and doctor visits and incur lower medical costs, according to research presented today by Medco Health Solutions, Inc. at the American College of Rheumatology's Annual Meeting in Philadelphia.

20 Oct 2009

Four Pharma companies underpay Medicaid rebate obligations, pay $124M to resolve allegations

Mylan Pharmaceuticals, UDL Laboratories, AstraZeneca Pharmaceuticals and Ortho McNeil Pharmaceutical have entered into settlement agreements for a total of $124 million to resolve claims that they violated the False Claims Act by failing to pay appropriate rebates to state Medicaid programs for drugs paid for by those programs, the Justice Department announced today.

20 Oct 2009

The CBO's educated guesses make or break reform bills

The senior Congressional Budget Office analyst whose job is calculating the costs of overhaul the health system -- an overworked, "amiable father of three" named Phil Ellis -- "is the first to admit that his painstaking numbers are almost certainly wrong," the Washington Post reports. His estimates "essentially condemned two" bills by pricing them at over a trillion, while boosting another by estimating much lower costs, illustrating the huge political stakes generated by Ellis' guesswork.

20 Oct 2009

Walgreens, aVinci Media launch initiative for breast cancer awareness, raises more than $50,000

Walgreens and aVinci® Media have launched a very successful national initiative to raise vital funds and awareness for breast cancer research and support. On Oct. 7, Walgreens offered aVinci's My Personal Movie slideshow DVDs, which normally retail for $19.99, for only $1.

19 Oct 2009

eHealth launches new website to help consumers learn about Medicare health plan options

Today, eHealth, Inc., parent company of eHealthInsurance, the leading online source of health insurance for individuals, families, and small businesses, announced the launch of a new online service to help consumers learn about, and get access to, quality Medicare health plan options.

19 Oct 2009

Pfizer announces it has combined operations with Wyeth following the closing of the acquisition

Pfizer Inc today announced that it has combined operations with Wyeth following the closing of the acquisition yesterday. Pfizer is now a more diversified health care company, with product offerings in human, animal, and consumer health, including vaccines, biologics, small molecules and nutrition across the developed and emerging markets.

19 Oct 2009

AARP struggles to educate seniors about health care

The Hill reports: "Despite expending vast resources, the AARP has not been able to unite its own membership, Nancy LeaMond, the executive vice president of the organization's social impact group, told reporters on Wednesday. AARP's membership is roughly divided between Democrats, Republicans and independents, LeaMond told reporters."

19 Oct 2009

Cost saving benefit faces eventual elimination without relief

Despite Speaker Nancy Pelosi's (D-Calif.) support of President Obama's pledge not to raise taxes on the middle class, the House of Representatives is now considering -- outside of the normal legislative process -- adopting provisions approved yesterday by the Senate Finance Committee that would drastically restrict the use of flexible spending accounts (FSAs) in order to help pay for health care reform.

15 Oct 2009

Research to investigate and improve patient adherence to prescription drug therapies

CVS Caremark is sponsoring research to investigate patient adherence to prescription drug therapies and identify ways to increase adherence. Working with researchers from Harvard and Brigham and Women's Hospital, the company expects knowledge gained from the research will help health professionals better understand patient behavior and lead to developing programs that health care providers and pharmacies can use to improve medication adherence and ultimately help improve patient care and medical outcomes by avoiding costly hospital treatment.

15 Oct 2009

Pervasive Integration provides cost-effective data integration solution to healthcare companies

Pervasive Software Inc., a global value leader in embeddable data management and agile data integration software, is providing the flexible, cost-effective data integration required for challenging, increasingly regulated healthcare IT environments.

15 Oct 2009

Postive vote from FDA Advisory Committee for Fampridine-SR 10

Acorda Therapeutics, Inc. today announced the U.S. Food and Drug Administration (FDA) Peripheral and Central Nervous System Drugs (PCNSD) Advisory Committee voted 12 to 1 that clinical data on Fampridine-SR 10 mg twice daily demonstrated substantial evidence of effectiveness as a treatment to improve walking in people with multiple sclerosis (MS) and voted 10 to 2 (1 abstention) that it is clinically meaningful and can be safe for use.

15 Oct 2009

Prescription Drug News and Research

American Association for Homecare commends bipartisan lawmakers

Medicaid beneficiaries with disabilities frequently have multiple chronic conditions, says study

Elan announces fiscal 2009 third-quarter results

Rural doctors, administrators push for health reform to include safeguards against Rx drug abuse

Pfizer announces fiscal 2009 third-quarter results

Unitedhealth announces third quarter results; reports growth in revenues and net earnings

A.P. Pharma to raise funds through placement

Pharmacy services still in demand despite recession

Two high blood pressure medicines effective in treating stable ischemic heart disease

RA patients who adhere to their prescription drug regimen have better outcome: Study

Four Pharma companies underpay Medicaid rebate obligations, pay $124M to resolve allegations

The CBO's educated guesses make or break reform bills

Walgreens, aVinci Media launch initiative for breast cancer awareness, raises more than $50,000

eHealth launches new website to help consumers learn about Medicare health plan options

Pfizer announces it has combined operations with Wyeth following the closing of the acquisition

AARP struggles to educate seniors about health care

Cost saving benefit faces eventual elimination without relief

Research to investigate and improve patient adherence to prescription drug therapies

Pervasive Integration provides cost-effective data integration solution to healthcare companies

Postive vote from FDA Advisory Committee for Fampridine-SR 10

Leveraging the power of automation to boost research

Automating research - solutions and best practices

How can microdialysis benefit drug development

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