BATON ROUGE -- After clashing with Gov. Bobby Jindal's administration over budget cuts, the LSU System's top health care leader was ousted Friday from his role overseeing the university's network of public hospitals and clinics.
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Governor Mike Beebe's Weekly Column and Radio Address: Bold Steps for Better Patient Care
In the past week, a new federal pilot program, called the Comprehensive Primary Care Initiative, was introduced in eight states, including Arkansas. Under this program, the Centers for Medicare and Medicaid Services will pay incentives to 66 primary-care medical practices in Arkansas to support enhanced, coordinated services. At the same time, private, state, and other federal insurance plans will offer their own bonuses to these same doctors.
To receive these incentives, primary-care physicians must provide increased services to their patients. These services include longer and more flexible hours and the use of electronic health records. Doctors will also be expected to coordinate care with the patients' other health-care providers to eliminate duplicate or unnecessary procedures. These doctors will also encourage their patients to become more involved in their own care. Finally, physicians or health-care professionals must also provide individualized, enhanced care for patients living with multiple chronic diseases and complex medical needs. There are about 50,000 Arkansans on federal insurance plans already being treated through these practices.
This federal program shares our state goal of achieving improved, more affordable health care. This is why we think Arkansas's Health Care Payment Improvement Initiative will make us a national leader in shaping our own health-care destiny. Both the state and federal initiatives encourage primary physicians to solve patients' medical problems as efficiently as possible. When health-care episodes are coordinated by a single provider, information already in a patient's medical records is more likely to be used before new tests and procedures are ordered.
Arkansas's initiative has the potential to slow the rise of health-care costs, temper the cost demands on our taxpayers and make Medicaid more sustainable. It is a bold undertaking in an industry already changing after the passage of the Affordable Care Act. One thing remains constant - Arkansas wants to be ahead of the curve in solving the health-care issues all states face.
As the only state in the nation taking this kind of approach, we have the chance to blaze a trail for the rest of the country to follow. Most Americans agree that we must improve the quality and accessibility of health care at lower costs. As the national debate continues about how best to accomplish that goal, Arkansas will not simply wait and see what happens next. We are working to be an example of the common-sense investments in health care that are so critically needed for our future.
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DUBLIN--(BUSINESS WIRE)--
Research and Markets (http://www.researchandmarkets.com/research/ntt44l/europe_animal_heal) has announced the addition of the "Europe Animal Health Care Market Outlook to 2016 - Surging Expenditure on Pets" report to their offering.
The report titled Europe Animal Health Care Market Outlook to 2016 -surging expenditure on pets provides a comprehensive analysis of market size of global and Europe animal health care industry, market segmentation of Europe animal health care industry by geography, pharmaceuticals, vaccines, medical feeds and on the basis of animals. The report also provides profile of major players operating in the animal health care industry.
Included in this Report:
- The market size of global animal healthcare industry and the contribution of regions.
- The market size of the Europe animal healthcare Industry.
- The market size of the animal healthcare market in the five countries such as France, Germany, the UK, Spain and Denmark
- Market segmentation of animal healthcare markets in Europe on the basis of pharmaceuticals, vaccines, medical feed, farm and companion animals
- Trends and Development of the Europe animal healthcare market.
- Company profile of the major producers of animal healthcare products in Europe
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Research and Markets: Europe Animal Health Care Market Outlook to 2016 - Surging Expenditure on Pets
DUBLIN--(BUSINESS WIRE)--
Research and Markets (http://www.researchandmarkets.com/research/r5grvx/north_america_anim) has announced the addition of the "North America Animal Health Care Market Outlook to 2016 - Recuperating US Veterinary Drugs Industry" report to their offering.
The report titled North America Animal Health Care Market Outlook to 2016 - Recuperating US Veterinary Drugs Industry provides a comprehensive analysis of market size of global and North America animal health care industry, market segmentation of North America animal health care industry by pharmaceuticals, vaccines, medical feeds and on the basis of animals. The report also provides competitive landscape and profile of major players operating in the animal health care industry.
- The market size of global Animal Healthcare industry and the contribution of regions
- The market size of the North America and the US animal Healthcare Industry
- Market segmentation of animal healthcare markets in North America and the US on the basis of pharmaceuticals, vaccines, medical feed, farm and companion animals
- Trends and Development of the North America animal healthcare market
- Competitive Landscape of the major players in the US animal health care market
- Future outlook and projections for North America and the US animal healthcare market
Key Topics Covered:
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NEW YORK--(BUSINESS WIRE)--
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Coventry Health Care, Inc. (Coventry or the Company) (CVH) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Aetna Inc. (Aetna) (AET) in a cash-and-stock deal valued at approximately $7.3 billion. Under the terms of the proposed transaction, Coventry stockholders will receive $27.30 in cash and 0.3885 Aetna common shares for each Coventry share they own. The agreement values the proposed consideration at approximately $42.08 per share, based on the closing price of Aetna common shares on Friday, August 17, 2012.
Request more information now by clicking here: http://www.faruqilaw.com/CVH. There is no cost or obligation to you.
Whether Coventrys Board of Directors breached their fiduciary duties to the Companys stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Coventrys shares and by how much this proposed transaction undervalues the Company to the detriment of Coventrys shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firms clients.
If you own common stock in Coventry and wish to obtain additional information and protect your investments free of charge, please visit us at http://www.faruqilaw.com/CVH or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
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First the Republicans claimed President Obama’s health care law taxes “sick puppies,” and now Mitt Romney’s campaign claims the law taxes “wheelchairs.” Wrong again. At issue is a new 2.3 percent excise tax on certain medical devices. The tax is set to kick in next year to help offset the … More >>
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Health Care REIT Inc. (HCN), a leading health care real estate investment trust (:REIT) that operates senior housing and health care real estate, has recently penned an agreement with Sunrise Senior Living Inc. (SRZ) one of the largest providers of senior living services in the U.S., to acquire all of its outstanding shares in a move that could redefine the market dynamics.
The offer price of $14.50 for each of the Sunrise Senior Living share represents a 62.4% premium to its closing price on August 21, which is perhaps the most that it could have bargained for, given the continued challenging macroeconomic environment. This could have led to a unanimous approval of the proposed merger by the board of directors of Sunrise Senior Living.
The offer price equates to a real estate value of approximately $1.9 billion. Health Care REIT intends to pay approximately $950 million in cash and the balance through the assumption of debt at an average interest rate of approximately 4.9%. The transaction is likely to close in early 2013, subject to mandatory regulatory approvals and closing conditions.
With the deal, Health Care REIT is poised to acquire 20 wholly-owned senior housing communities from Sunrise Senior Living, along with its 105 joint venture properties. About 17 of the wholly-owned properties are located in the U.S., while the remaining three are in Canada. The bulk of the joint venture properties are also located in the U.S. (about 78), with the remainder in the U.K. (27).
The domestic portfolio is mostly concentrated in New York, Los Angeles, San Francisco, Washington, D.C., Philadelphia, Boston, and Chicago. Almost half of the acquired portfolio is located in the top 5 MSAs (metropolitan statistical areas). The acquisition would position Health Care REIT as one of the largest owners of senior housing facilities worldwide with over 58,000 units in the U.S., Canada, and the U.K.
With a median age of eight years, the acquisition would enable Health Care REIT to own high-quality private pay senior housing communities in high-barrier-to-entry affluent markets. In addition, the company is likely to gain operational synergies as an experienced and dynamic management team from Sunrise Senior Living, with over 30 years of experience, comes on board.
Besides improving the economies of scale, the acquisition would further enable Health Care REIT to gain access to higher yielding embedded investment opportunities, as more and more ownership stakes in joint venture properties come up for grabs. The senior housing sector is a highly-fragmented market with limited new supply and positive growth indicators, with the over-85 demographic growing at three times the rate of the overall population.
According to the U.S. Census Bureau, the elderly population (aged 65 and older) is expected to jump 36% from 2010 to 2020 to 54.8 million people. The latest acquisition by Health Care REIT, therefore, reinforces the buzz in the healthcare REIT industry, spurred by an aging Baby Boomer generations increased demand for assisted and independent living facilities.
The acquisition brings two of the most complementary customer franchises to the same platform in the healthcare real estate market and increases the scale and diversification of the combined company. The acquired assets overlap with Health Care REITs health system, assisted living and senior housing portfolio and offers continuum of services.
On the other hand, the deal also enables Sunrise Senior Living to continue its investment in optimizing and expanding its facilities to meet the increased needs of the acute care patient population. Consequently, the transaction is a win-win deal for both of the participating companies.
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After his baby was born prematurely, Matthew Cheng's health care costs soared.
NEW YORK (CNNMoney) -- Three days of Supreme Court arguments have left the fate of the 2010 health care reform law uncertain. What is certain, however, is that health care costs are continuing to eat away at consumers' budgets.
The cost to cover the typical family of four under an employer plan is expected to top $20,000 on health care this year, up more than 7% from last year, according to early projections by independent actuarial and health care consulting firm Milliman Inc. In 2002, the cost was just $9,235, the firm said.
The projected increase marks the fifth year in a row that health care costs will rise between 7% and 8% annually.
While employers still shoulder a majority of health care expenses, employees have been paying a larger portion of the total amount every year, according to Lorraine Mayne, principal and consulting actuary with Milliman.
Rising costs for employees is part of a long-term trend, said Deborah Chollet, senior fellow and health economist with Washington-based Mathematica Policy Research. "Employers have been unwilling to have their benefits costs rise at the rate that health care costs have risen," she said.
As a result, they have been passing along extra costs to employees in the form of higher deductibles and co-pays, as well as more expensive premiums.
Last year, workers' out-of-pocket costs rose 9.2% to $3,280 for a typical family of four, according to Milliman.
Those who buy insurance without an employer-provider plan are shelling out even more, Mayne said. The average premium for a family in a non-group plan was $7,102 in 2010, according to the nonprofit Kaiser Family Foundation.
Small business owner Matthew Cheng's health care costs rose by $600 to $7,891 last year. This year, he's looking at a much steeper bill.
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Claiming health care bragging rights, Mitt Romney said Thursday his plan to provide health insurance to everyone in Massachusetts was superior to the one it inspired, President Barack Obama's much-debated national law.
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The Supreme Court upheld health care reform Thursday, which includes a mandate that consumers have to buy coverage by 2014 or pay a penalty.
NEW YORK (CNNMoney) -- The Supreme Court's ruling Thursday to uphold health care reform has widespread implications for both insured and uninsured consumers.
Beginning in 2014, uninsured individuals must buy coverage -- either on their own, through an employer's plan or through a health insurance exchange -- or else pay a tax penalty. Meanwhile, insured consumers will continue to enjoy key mandates of the law, such as free preventive care and coverage of adult dependents up to age 26, but at the expense of higher out-of -pocket costs.
In the United States, more than half of the population -- or 160 million people -- gets health insurance directly through their employers, while 50 million people have no insurance, according to the government. Tens of millions more consumers either buy their own private insurance or are covered by government programs, such as Medicaid and Medicare.
Several key mandates of health reform have already gone into effect since the law passed in 2010. Here's a rundown of those provisions and new mandates rolling out over the next two years that will impact almost all of these consumers.
If you have insurance through your employer: Employees will continue to enjoy key benefits mandated by health reform that have already gone into effect.
"For consumers who are insured through their employers, this is good news," said Mike Thompson, principal with PwC's Global Human Resources Services.
Among the main provisions: Employers must provide coverage for adult dependents of workers up to age 26; health plans must cover certain preventive services, such as mammograms and colonoscopies, without charging a deductible, co-pay or coinsurance; and insurers can't impose a maximum lifetime dollar limit on a customer's medical care.
In 2013, eight additional preventive care services for women, including HIV and HPV (Human Papillomavirus) screening, will be covered under health reform.
But some industry experts also said that employers who offer insurance will now be even more focused on controlling their health care costs, especially since the individual mandate is expected to add more people -- including more high-risk individuals -- to their plans.
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(CBS News) A majority of voters in the crucial battleground states of Florida, Wisconsin and Ohio say the economy and health care are "extremely important" issues with regard to how they will cast their votes this fall, according to a new Quinnipiac University/CBS News/New York Times poll.
The survey, conducted from August 15-21, suggests that voters in all three states consider the economy the most important issue in this election: 60 percent of likely voters characterized that issue as "extremely important" in Florida, while 59 percent in Ohio and 54 percent in Wisconsin said the same.
Health care had the second-highest proportion of voters who ranked the issue "extremely important": 56 percent of Florida voters characterized the issue that way, as did 52 percent of Ohio voters and 50 percent of Wisconsin voters.
On these four issues, voters had more confidence in Mr. Obama than Romney on health care and Medicare, but they thought Romney would do a better job fixing the budget deficit.
Voters were more divided as to whether Mr. Obama or Romney is more equipped to handle the economy: Romney had an edge in Florida and Wisconsin, while the two are tied among Ohio voters.
In Florida, voters generally disapprove of the 2010 health care law enacted under the Obama administration, while voters in Ohio and Wisconsin are divided. But even in Ohio and Wisconsin, those who disapprove tend to feel more strongly on the subject: Four in 10 strongly disapprove. Obama voters overwhelmingly approve of the law in all three states, while Romney voters disapprove.
In the three states, meanwhile, just over one in five voters think the law will help them personally. More than one third of those voters think it will hurt them.
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Poll: Economy, health care top issues in 3 battleground states
According to the Florida Association of Community Health Centers:
INDIAN RIVER COUNTY
Treasure Coast Community Health Inc.
1555 U.S. 1, Suite 105
Vero Beach
772-257-8224
Treasure Coast Community Health Inc.
44 N. Pine St.
Fellsmere
772-257-8224
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Editorial: Florida's community health centers deserve additional funding, higher profile
MELVILLE, N.Y., Aug. 23, 2012 /PRNewswire/ --Henry Schein, Inc. (HSIC), the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners, announced today that the 2012 Healthy Lifestyles, Healthy Communities program will provide free medical and dental services to more than 8,000 children and their caregivers. Healthy Lifestyles, Healthy Communities events are being held in cities throughout the United States through the end of the year. The 2012 season kicked off with events held recently at the Doris Ison Clinic in Miami, Fl. and the Marlboro County High School in Bennettsville, SC.
(Photo:http://photos.prnewswire.com/prnh/20120823/NY61717)
A flagship program for Henry Schein Cares, the Company's global corporate social responsibility program, Healthy Lifestyles, Healthy Communities promotes access to health care, prevention, and wellness for underserved communities by providing free medical and dental screenings at events that are fun and engaging for the community. Healthy Lifestyles, Healthy Communities is annually co-sponsored by state and local community health organizations and supported by Henry Schein's supplier partners. The Henry Schein Cares Foundation, a 501(c)(3) organization that supports and promotes dental, medical, and animal health by helping to increase access to care globally, provided financial support for the program as well.
"Henry Schein is deeply grateful for the commitment of our partner community health organizations and for the generosity of our valued supplier partners in working together with us to enhance access to care for the underserved in cities across the United States," said Stanley M. Bergman, Chairman and Chief Executive Officer of Henry Schein, Inc. "The success of the Healthy Lifestyles, Healthy Communities program underscores the importance of preventive care in the fight against chronic diseases, and the powerful impact that securing a 'Health Home' can have in the improvement of the overall health of patients."
At each Healthy Lifestyles, Healthy Communities event, local physicians, nurses, dentists, and community volunteers screen for five diseases and associated risk factors that commonly affect children and caregivers: hypertension, asthma, diabetes, obesity, and poor oral health. In addition, participating children and their caregivers receive educational materials about ways to prevent and treat these problems, information about returning for a flu vaccination later in the season, and assistance in finding a local community health center where they may receive health care on a regular basis. The program seeks to create a "Health Home" for participating children and their caregivers, so that they have a place to receive ongoing care throughout the year.
The 2012 program's first events were held in Miami, Fl. at the Doris Ison Clinic and in Bennettsville, SC at Marlboro County High School. At these first two events, more than 1,500 children and their caregivers were screened. The third 2012 Healthy Lifestyles, Healthy Communities event will be held in Bridgeport, CT on August 25th at the Park City Center.
According to the Centers for Disease Control and Prevention (CDC), chronic diseases account for approximately 80 percent of deaths in the United States and 75 percent of health care costs. The CDC also notes that heart disease, cancer and stroke account for more than 50 percent of all deaths each year among Americans. According to the World Health Organization, chronic diseases account for more than 60 percent of deaths globally.
The Healthy Lifestyles, Healthy Communities program underscores the integral link between oral health and total health by providing free medical and dental services during one visit for participants. Increasingly, studies including those by the CDC, the New England Journal of Medicine, and the American Dental Association have demonstrated the link between oral health conditions to overall health among adults, such as links between periodontal disease and diabetes, coronary heart disease, preterm birth, and low birth weight.
Henry Schein's Healthy Lifestyles, Healthy Communities Supplier Partners:
American Diagnostics Corporation Ansell Limited Aso, LLC Becton, Dickinson and Company Colgate-Palmolive Company Covidien plc DUKAL Corporation HealthLink, Inc. LifeScan, Inc. Metrex Research Corporation Microflex Corporation Midmark Corp. Omron Healthcare, Inc. Professional Disposables International, Inc. Safetec of America, Inc. Seca Corp. Welch Allyn Inc. Terumo Medical Corporation TIDI Products LLC
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TAMPA, Fla., Aug. 23, 2012 /PRNewswire/ -- As Congress continues to debate health care reform, a new book published by the American College of Physician Executives (ACPE) gives physicians the tools they need to improve health care quality and patient safety without a government mandate.
Health Care Quality: The Clinician's Primer is edited by David B. Nash, MD, MBA, the dean of the Jefferson School of Population Health and a longtime ACPE faculty member. The 412-page book is written by experts from Jefferson, who offer insight on the challenges faced by health care leaders striving to provide high quality, patient-centered care in a safe and cost-effective way.
The easy-to-read book is designed to be a one-stop shop for physicians interested in health care quality. Physicians will learn how to apply quality measures, how to evaluate quality, perspectives on value and value-based purchasing, and look at the national agenda for improving quality and safety. The writers also look to the future and predict where the quality movement is headed next.
Nash, who was named as one of Modern Healthcare's 50 most influential physician executives in 2012, said he's been overwhelmed by the positive response generated by Health Care Quality: The Clinician's Primer. This shows the drive for health care reform is real, and physicians are already taking the steps they need to deal with this new reality, he added.
"I'm thrilled about the book's broad and positive reception," Nash said. "This proves once again that doctors really are hungry for information about quality and safety."
Health Care Quality: The Clinician's Primer is available through the ACPE's website (www.acpe.org/publications). It is also available in e-book format from Barnes and Noble and for the Kindle through Amazon.com. Cost is $65 for non-ACPE members; $45 for members.
Contact: Carrie Johnson, ACPE Director of Public Relations cjohnson@acpe.org 800-562-8088
This press release was issued through eReleases Press Release Distribution. For more information, visit http://www.ereleases.com.
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New Book from ACPE Helps Physicians Improve Health Care Quality, Patient Safety
With health care such a hot topic, and so many opinions on what is success, many people wonder: does success of a player in the health care value chain ? whether provider, payer, med-tech company ? mean social value is compromised? How do you think about success and social value when it?s people?s lives and well-being that are involved? We?re interviewing a thought leader in health care ...
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Health care: don't we all want social value and success? (Part Two)
Health Care REIT agreed to pay $14.50 a share for Sunrise Senior Living, a nursing home operator, in the latest deal aimed at taking advantage of an aging populace.
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Birth control to be covered by university health insurance
Student health insurance at Big 12 universities
University of Oklahoma: self insured
Oklahoma State University: self insured
University of Texas: self insured
University of Kansas: privately insured
Kansas State University: privately insured
West Virginia University: self insured
Texas Christian University: privately insured
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Health Care REIT agreed to pay $14.50 a share for Sunrise Senior Living, a nursing home operator, in the latest deal aimed at taking advantage of an aging populace.
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The Missouri secretary of state's office will warn local election officials about a legal dispute surrounding a health care proposal when it certifies the candidates and issues to appear on the November ballot.
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