Health-care protest bills get Missouri OK

Health-care bills taking a swipe and President Obama's health-care program passed the Missouri legislature this week. One allows employers to refuse health insurance for birth control; the other would let voters decide whether to allow the creation of a health-insurance exchange.

By David A. Lieb,Associated Press / May 19, 2012

Missouri'sRepublican-led Legislature registered its discontent with President Barack Obama'shealthcarepolicies Friday during an otherwise uneventful final day of a legislative session in which lawmakers settled for the doable instead of the ideal on their education and business priorities.

Legislators sent the governor a bill stating that employers can refuse to providehealthinsurance for birth control a measure meant as a slap against an Obama administration policy requiring insurers to cover contraception at no additional cost to women working at certain religious-affiliated institutions.

A separate measure also passed Friday will askMissourivoters later this year whether to restrict the creation of ahealthinsurance exchange, another Obama initiative.

The session ended at 6 p.m. Friday without passage of several education and pro-business proposals touted by Republican leaders when they began work in January. But legislative leaders, as is typical, still declared the session a success, noting that, in an election year, they were able to reach compromises that led to the passage of a $24 billion budget, an expansion of authority for charter schools and a tweak of the state's workers' compensation system, among other things.

"For theMissouriHouse, it was promises made and promises kept. We're very happy with our success," said House Majority Leader Tim Jones, R-Eureka.

Democratic Gov. Jay Nixon noted many of his budget priorities prevailed but expressed disappointment that lawmakers failed to expand incentives for businesses that supply parts to automobile manufacturers.

When the session began, some Republican legislative leaders outlined an aggressive education agenda to overhaul the state's school funding formula, expand charter schools, pare back teacher tenure protections, authorize tax breaks so children in failing schools could attend private schools, and eliminate a two-year waiting period before the state could intervene in unaccredited schools such as the Kansas City School District. The charter school bill was the only item to pass.

The Legislature's pro-business agenda also was left partly unfulfilled. Lawmakers sent the governor a bill prohibiting employees from suing co-workers for injuries covered by the workers' compensation cases. But Nixon vetoed other workers' compensation changes, as well as a Republican-backed bill that would have made it harder for employees to win workplace discrimination cases. Divisions between the House and Senate again scuttled bills to create new incentives for businesses or scale back the state's existing tax credits.

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Health-care protest bills get Missouri OK

New health care payment system links costs, patients' outcomes

How organizations will work

Under an accountable care organization, insurers will track how patients fare, and compare the outcome to how they would have been expected to fare under the traditional system. If the new organization saves money, it will get a share. Wellmark leaders say it plans to give up to 75 percent of savings to health care providers, who also will be measured on patient satisfaction scores gleaned from surveys. At first, hospitals and doctors wont face much financial risk for participating. But over time, they could have fewer patients filling hospital beds and undergoing expensive procedures. Eventually, insurers are expected to pay a set amount for a large group of patients, then let the accountable care organization figure out how to provide effective care for that money. The patients would be free to go elsewhere for care, which the accountable care organization would have to finance. Supporters of the idea say that would give the organizations a huge incentive to make sure their patients are pleased.

WHAT THEY ARE: A new way of paying hospitals, doctors and other health care providers based in part on how their patients fare. WHAT THEY MEAN FOR PATIENTS: You wont necessarily be notified that your care is being provided by an accountable care organization. Youll remain free to switch doctors or go directly to specialists. Patients with chronic conditions will most likely be affected first. THE GOAL: Reward hospitals and doctors for improving patients health, which would translate into fewer hospitalizations and lower costs. CRITICISMS: The new organizations will accelerate consolidation of independent doctors practices into large medical systems, which would reduce competition and patient choice.

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New health care payment system links costs, patients' outcomes

Retired couples may need $240,000 for health care

BOSTON Couples retiring this year can expect their medical bills throughout retirement to cost 4 percent more than those who retired a year ago, according to an annual projection released this month by Fidelity Investments.

The estimated $240,000 that a newly retired couple will need to cover health-care expenses reflects the typical pattern of projected annual increases. The Boston-based company cut the estimate for the first time last year, citing President Obamas health-care overhaul. Medicare changes resulting from that plan are expected to gradually reduce many seniors out-of-pocket expenses for prescription drugs.

But Fidelity says overall health-care cost trends are on the rise again, so its raising its cost estimate from last years $230,000 figure.

As long as health-care cost trends exceed personal income growth and economic growth, health care will still be a growing burden for the country as a whole and for individuals, says Sunit Patel, a senior vice president for benefits consulting at Fidelity, and an actuary who helped calculate the estimate.

However, this years 4 percent rise is relatively modest. Annual increases have averaged 6 percent since Fidelity made its initial $160,000 calculation in 2002.

The projections are part of Fidelitys benefits consulting business. The study is based on projections for a 65-year-old couple retiring this year with Medicare coverage. The estimate factors in the federal programs premiums, co-payments and deductibles, as well as out-of-pocket prescription costs. The study assumes that the couple does not have insurance from their former employers, and a life expectancy of 85 for women and 82 for men. The estimate doesnt factor in most dental services, or long-term care, such as the cost of living in a nursing home.

This years estimate could change significantly. Next month, the U.S. Supreme Court will decide whether to strike down part or all of the 2010 health-care law, including its centerpiece requirement that nearly all Americans carry insurance or pay a penalty.

Fidelitys finding of a 4 percent increase in long-term medical costs for retirees is in line with recent data from the Employee Benefit Research Institute, said Paul Fronstin, director of health research and education for the private nonprofit organization.

In its latest annual estimate, released last August, EBRI projected that a couple with median drug expenses meaning half of the population would have higher, and half lower would need $166,000 for a 50 percent chance of having saved enough to cover health care expenses in retirement. Theyd need $287,000 for a 90 percent chance.

The findings illustrate the importance of factoring in health care alongside housing, food and other expenses in retirement planning. Its a fixed liability for the majority of folks, Patel says.

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Retired couples may need $240,000 for health care

Supreme Court decision on federal health care law could fire up young voters

WASHINGTON, D.C. - Lauren Burr has only a couple of weeks left as a college student.

Then, after graduating with a bachelor's degree in education from Ohio University, she'll move back in with her parents in Perry and look for substitute teaching jobs until she finds a long-term position. Subbing has no fringe benefits, but Burr, 23, can count on having health insurance through her father's plan at work.

Or so she hopes.

Like other graduating seniors, Burr joins a cadre of young Americans who lack jobs and rely on President Barack Obama's signature achievement, known by all sides as Obamacare, for their health care. Young adults who lack health insurance are assured of coverage under their parents' plans under the Patient Protection and Affordable Care Act of 2010. By the end of 2011, 2.5 million young adults -- 81,922 of them in Ohio -- had obtained coverage that way, the White House says.

But the U.S. Supreme Court could strike down the health care law when it rules on a constitutional challenge, probably in June. The law is unpopular in Ohio, polling shows, and Ohio voters have already said through a ballot initiative that they want to invalidate its mandate for nearly everyone to get health insurance.

Yet its proposed cancellation has the potential to anger young adults, an important voting bloc for Obama in November.

Young voters helped elect Obama in 2008, but their enthusiasm for the Democrat has waned somewhat since then, a result of liberal disappointment with the slow pace of change and a likely overall disappointment with the economy, says Peter L. Levine, an authority on youth voting who directs Tufts University's center on civic learning and engagement.

"A Supreme Court decision could draw attention to what the health care reform means to young people tangibly and thus strengthen support for the president," Levine says.

Former Ohio Gov. Ted Strickland, a national co-chairman of the president's re-election campaign, says this is a "very significant issue, because these kids are getting out of college and some of them are not going to have jobs."

Although the Bureau of Labor Statistics does not have data limited only to recent college graduates, the current national unemployment rate for people under age 25 is 16.4 percent, or more than double the rate for the general population.

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Supreme Court decision on federal health care law could fire up young voters

Fractured health care trust reeling

With schools hurting due to the tough economy and state education cuts, a reckoning may be fast approaching for the Northeast Pennsylvania School Districts Health Trust, the group of area public school entities pooled together to increase health care bargaining power.

In a cost-saving effort, at least three school districts within the trust are signaling their intent to pull out next year, and more are considering it. Some school administrators complain that because the 11 members all have different health care requirements for their employees, the trust is not able to accurately calculate premiums, forcing some members to pay more than they spend and forcing some taxpayers to subsidize districts outside their own.

They also say that because the unions are happy with their current health care arrangement and have equal voting power with management on the trust's board, the trust has little motivation to find a better deal, which would in turn save taxpayers money.

"It's like an onion," said Jim McGovern, Lake-Lehman School District superintendent. "There are so many layers you have to get through to make change."

Seeking more autonomy and saying it could save $1 million, Lake-Lehman announced its intent to leave the trust last week. Administrators from Hanover Area and Northwest Area school districts have also said they will give their one-year notice, pending school board approval. And Hal Bloss, the executive director of the Luzerne Intermediate Unit 18, said the Kingston-based LIU may also submit its notice, but won't do so without union approval.

The goal for some of the members is not necessarily to leave, but rather to put pressure on the trust to more aggressively negotiate for better rates while still keeping the door open for a departure, administrators from those schools say.

"The best case scenario is that we stay in," Northwest Area Superintendent Ronald Grevera said.

Andy Marko, executive director of the trust and former superintendent of the Wyoming Valley West school district, denied claims the trust wasn't already searching for the best rates.

"It has worked for them. It has always worked for them," Marko said.

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Fractured health care trust reeling

Taxpayers share burden of health care costs

One of the biggest drivers of municipal budgets each year is the rapid rise in annual health care costs. In an attempt to slow this rising expense, Manchester officials are asking employees to pay more for their insurance, take better care of themselves and go to less expensive doctors.

Last fiscal year, Manchester paid a total of $44 million in health insurance claims. Of that, $19.5 million was on the city side, a 16 percent increase from the previous year, according to information from Anthem Blue Cross Blue Shield New Hampshire. The city paid out about $6,000 per member last year, which includes employees and their families. This amount is 14 percent higher than the norm for Anthem customers in New Hampshire.

The city of Nashua, by comparison, paid out $25 million for employee health insurance. Nashua's health care costs rose about 6 percent last year. A projected 11 percent increase was avoided by implementing health care changes that included a 10 percent increase to premium-cost sharing and changes in plan design that introduced deductibles and slightly increased co-pays.

According to Anthem, Manchester offers a very robust plan and pays a higher percentage of their employees' health insurance benefits than any other city or company in Anthem's New Hampshire book of business.

These statistics are why the city pushed so hard to get concessions on health care costs from unions this year. These concessions have freed up millions in vital funds during the city's first budget under the tax cap, but officials are still looking for ways to manage rising costs in the long term. Officials are also looking to programs that encourage employees to live healthier and shop for better deals for common medical procedures.

Making choices

An Anthem study of city employee insurance claims last fiscal year showed that 25 percent of emergency room visits could have been treated in another setting and 52 percent of claims were related to lifestyle issues, including overeating or smoking.

In Nashua, programs were started to address some of the issues that contribute to increased health care costs. An annual wellness fair provides city employees with a variety of information on diet and healthy living. Cholesterol testing, blood pressure reading and other screenings are available at the event.

Lunch and Learn events educate people in an informal setting. Walking programs and a program that contributes to the cost of joining weight watchers are two more services offered in Nashua to address specific concerns.

Manchester hosts annual health initiatives to get employees to exercise more, and for the past two years it has offered employees cash incentives through the COMPASS Smart Shopper if they opt to go to a less expensive provider for more than 40 common procedures whose costs can vary by thousands of dollars.

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Taxpayers share burden of health care costs

Genetic Test May Predict Risk Of Schizophrenia

Editor's Choice Academic Journal Main Category: Schizophrenia Also Included In: Genetics;Psychology / Psychiatry Article Date: 19 May 2012 - 9:00 PDT

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Combined, these genes can generate a score, and determine whether an individual is at lower or higher risk of developing schizophrenia. The study, which was conducted along with a group of national and international collaborators, is published online in the journal Molecular Psychiatry.

In addition, the authors applied their top genes to data from other studies of schizophrenia and were able to successfully identify which patients had been diagnosed with the disease and which had not.

When they examined the biological pathways in which the genes were active, they also proposed a model of schizophrenia, given that the disease's underlying causes are a mix of genetic variations that affect the development of the brain and neuronal connections together with environmental factors; in particular stress.

Lead researcher, Alexander B. Niculescu III, M.D., Ph.D., associate professor of psychiatry and medical neuroscience at the IU School of Medicine, and director of the Laboratory of Neurophenomics at the IU Institute of Psychiatric Research, said:

Niculescu, who is also staff psychiatrist and investigator at the Richard L. Roudebush Veterans Affairs Medical Center, continued:

Schizophrenia is a psychiatric disease that makes it difficult for the person to distinguish between real and unreal experiences and to think logically. Approximately 1% of the population is affected by the disease, often with devastating impact.

Once the new test is refined, it could help physicians and caregivers identify which young people in families with a history of the disease are more likely to develop schizophrenia, prompting early intervention and treatment.

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Genetic Test May Predict Risk Of Schizophrenia

Study In Prenatal Diagnosis Finds Sequenom CMM's MaterniT21â„¢ PLUS Lab-developed Test Accurately Detects Fetal …

SAN DIEGO, May 18, 2012 /PRNewswire/ -- Sequenom, Inc. (SQNM), a life sciences company providing innovative genetic analysis solutions, today announced that a new publication from the large Women & Infants multi-center clinical study on the Sequenom Center for Molecular Medicine's (Sequenom CMM) MaterniT21 PLUS laboratory-developed test (LDT) has been published online in the peer-reviewed journal, Prenatal Diagnosis. Along with this week's publication, the Company announces that as of the week ended May 12, 2012, Sequenom CMM has processed more than 10,000 commercial MaterniT21 PLUS test samples in 2012.

The publication addresses the capability of the MaterniT21 PLUS LDT to accurately detect the presence of certain fetal trisomies in pregnant women carrying twins or triplets. The paper will appear in the journal's May issue and the full abstract can be found online at: http://onlinelibrary.wiley.com/doi/10.1002/pd.3892/abstract.

"The underlying biology and these positive study data provide evidence that this type of DNA-testing can be reliably employed as a clinical management option for women expecting twins or triplets who are at increased risk for fetal chromosome anomalies," said Allan Bombard, M.D., Laboratory Director for Sequenom Center for Molecular Medicine.

The published results are derived from the large international, multi-center study conducted at 27 prenatal diagnostic centers worldwide, with previous publications on trisomy 21 and trisomies 18 and 13 in Genetics in Medicine. Participating sites collected and processed maternal plasma samples from 4,664 pregnant women in the late first and early second trimester who were at increased risk for fetal aneuploidy. Blinded samples from pregnancies with trisomy 21, trisomy 18, and trisomy 13 as well as those with other abnormal karyotypes were tested.

In the same multi-center study, maternal plasma samples were tested from 25 twin and two triplet pregnancies. Of the twin pregnancies, there were no trisomies in 17 pregnancies (known as euploid), trisomy 21 in seven (two cases of trisomy 21 in both fetal twins, five cases of trisomy 21 in one fetal twin only), and trisomy 13 in one (in one fetal twin). There were two triplet pregnancies, neither of which had trisomies. The MaterniT21 PLUS technology correctly classified the eight twin pregnancies with trisomy 21 or trisomy 13, the 17 twin euploid pregnancies and both triplet euploid pregnancies.

"We know that, in the U.S., pregnant women carrying twins or higher multiples are becoming more common due to the use of assisted reproductive technologies and acknowledge that more of these women have increased risks for fetal aneuploidy, such as advanced maternal age," said Harry F. Hixson, Jr., Ph.D., Chairman and CEO, Sequenom, Inc. "This published data provides valuable evidence to specialists that Sequenom CMM's MaterniT21 PLUS LDT can provide reliable detection of certain fetal trisomies in twins, just as in single pregnancies."

The research was led by Jacob Canick, PhD, and Glenn Palomaki, PhD, of the Division of Medical Screening and Special Testing in the Department of Pathology and Laboratory Medicine at Women & Infants Hospital and The Warren Alpert Medical School of Brown University. The study also included scientists at Sequenom Center for Molecular Medicine, San Diego, CA.

As of the week ended May 12, Sequenom CMM has processed more than 10,000 MaterniT21 PLUS tests in 2012. Due to the successful rate of adoption, the Company recently announced that it has increased its internal goal to 40,000 MaterniT21 PLUS tests billed in 2012, up from the original internal goal of 25,000 tests billed for the year. As of the last week in April, the 52-week run rate had increased to more than 45,000 tests.

The MaterniT21 PLUS LDT is available solely through Sequenom CMM as a testing service to physicians. To learn more about the test, please visit Sequenomcmm.com.

About SequenomSequenom, Inc. (SQNM) is a life sciences company committed to improving healthcare through revolutionary genetic analysis solutions. Sequenom develops innovative technology, products and diagnostic tests that target and serve discovery and clinical research, and molecular diagnostics markets. The company was founded in 1994 and is headquartered in San Diego, California. Sequenom maintains a Web site at http://www.sequenom.com to which Sequenom regularly posts copies of its press releases as well as additional information about Sequenom. Interested persons can subscribe on the Sequenom Web site to email alerts or RSS feeds that are sent automatically when Sequenom issues press releases, files its reports with the Securities and Exchange Commission or posts certain other information to the Web site.

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Study In Prenatal Diagnosis Finds Sequenom CMM's MaterniT21â„¢ PLUS Lab-developed Test Accurately Detects Fetal ...

Genetic Test Does Not Trigger Increased Use of Health Services

Medical experts feared personal genetic test results might drive overuse of expensive medical care

The study in the May 17, 2012 early online issue of Genetics in Medicine was done by investigators with the Multiplex Initiative, a multi-center collaborative initiative involving investigators from the National Institutes of Health's Intramural Research Program, Group Health Cooperative in Seattle, and the Henry Ford Health System in Detroit.

The tests are available from a growing number of commercial producers, and health care providers have been uncertain whether people who received information only about risk would follow up by demanding diagnostic testing to monitor for predicted illnesses.

The study is the first to use electronic health records -- rather than self-reported behavior -- to measure the impact of genetic testing on the subsequent consumption of health services by commercially insured, healthy adults. Self reports, which can be affected by memory lapses and other problems, tend to be less accurate.

"We need to understand the impact of genomic discoveries on the health care system if these powerful technologies are going to improve human health," said Dan Kastner, M.D., Ph.D., scientific director and head of the National Human Genome Research Institute's (NHGRI) Division of Intramural Research. "We are still learning how to integrate new genomic discoveries into clinical care effectively and efficiently."

"There are a lot of unanswered questions about how genetic test results can be used to guide people towards making positive lifestyle and health behavior changes," said Colleen McBride, Ph.D., chief of NHGRI's Social and Behavioral Research Branch. "This study goes a long way towards bringing data to these debates and shows that people are not likely to make inappropriate demands of health delivery systems if they are properly informed about the limitations of genetic tests."

Genetic tests, such as those used in this study, can detect common variants of genes associated with modest alterations in the chances of developing particular diseases. The term multiplex refers to simultaneously performing multiple genetic tests on a single blood sample.

The study included 217 healthy people between the ages of 25 and 40 who elected to participate in genetic susceptibility testing offered by their health plan. The researchers analyzed health care usage by the participants in the 12 months before genetic testing and the 12 months following the testing. They also compared the test group's behavior with a group of about 400 similar plan members who declined the testing offer.

The researchers counted the number of physician visits and laboratory tests or procedures the people received, particularly those services associated with four of the eight conditions tested by the multiplex panel. Most of the procedures or screening tests that were counted are not among those currently recommended for people in this age group who don't have symptoms. The researchers found that participants in genetic testing did not change their overall use of health care services compared with those not tested.

All of the individuals who elected to undergo the multiplex test carried at least one at-risk genetic marker, with the majority carrying an average of nine at-risk variants. The tests performed for the Multiplex Initiative include a set of genetic variants reliably associated with an increase in disease risk and for which some corrective health behavior has been shown to prevent illness.

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Genetic Test Does Not Trigger Increased Use of Health Services

Few Use Follow Up Services After Genetic Testing

May 18, 2012

Connie K. Ho for RedOrbit.com

Recently, genetic tests have been on the rise and are offered by more and more commercial producers. While there are many opportunities for people to participate in genetic testing, this doesnt necessarily mean that people are following up on those services. These are the results found in a study that is published in the May 17 issue of Genetics in Medicine.

The study was a collaborative project by the Multiplex Initiative, which includes researchers from the National Institutes of Healths Intramural Research Program, the Group Health Cooperative, and the Henry Ford Health System. Researchers analyzed variants of genes related to diseases such as colorectal cancer, coronary heart disease, high blood cholesterol, hypertension, lung cancer, melanoma, osteoporosis, and type 2 diabetes. The study allowed researchers to better understand patients health care needs.

Our study was a best-case scenario, because we chose 15 genes reliably associated with relatively small risks for eight common diseases that health behaviors can affect, remarked lead author Dr. Robert J. Reid in a prepared statement. We hope that testing positive activates patients to make behavior changes that could lower their risk, such as quitting smoking without causing them to make many extra visits to their doctors.

The report was one of the first studies that looked at electronic health records, as opposed to self-reported behavior, to quantify the impact of genetic testing on health services chosen by adults.

We need to understand the impact of genomic discoveries on the health care system if these powerful technologies are going to improve human health, explained Dr. Dan Kastner, scientific director and head of the National Human Genome Research Institutes (NHGRI) Division of Intramural Research, in a statement. We are still learning how to integrate new genomic discoveries into clinical care effectively and efficiently.

Genetic tests are also important because they can find variants of genes related to the changes in the risk of developing a particular disease.

Understanding personalized genetic information is important because it is becoming more readily available and we need to figure out how to integrate it effectively and efficiently into the clinical care we provide, noted coauthor Dr. Eric B. Larson in a prepared statement.

The scientists hope to continue to research consumer interest of genetic testing and how that affects patients long-term health care goals.

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Few Use Follow Up Services After Genetic Testing

Concordia welcomes world's best synthetic biology researchers

Public release date: 17-May-2012 [ | E-mail | Share ]

Contact: Clea Desjardins clea.desjardins@concordia.ca 514-848-2424 x5068 Concordia University

Montreal, May 18, 2012 What do synthetic fuels, new treatments for malaria and genetic engineering have in common? In a word, biology. To examine the wide-reaching implications of this evolving discipline, Concordia University's Centre for Structural and Functional Genomics presents Building Biology: A Symposium on Synthetic Biology.

Held at Concordia's Loyola Campus on May 21, the symposium brings together the world's top researchers on the subject, including academics from Harvard, MIT, Berkeley and Johns Hopkins. Because this event is closely tied into the work of Concordia's cutting-edge genomics laboratory, the President and CEO of Genome Canada, Pierre Meulien, will give the welcoming address.

What: Building Biology: A Symposium for Synthetic Biology When: Monday, May 21, 8 a.m. to 6 p.m. Where: Concordia University, Loyola Campus, 7141 Sherbrooke Street West, SP S-110

The purpose of this symposium is to foster interaction between established synthetic biologists in Canada and North America. The event represents a cornerstone in the creation of a synthetic biology research hub for Canada while putting Concordia on the map as the prime location for research in synthetic biology.

Speakers include: Pierre Meulien (Genome Canada), Jay Keasling (University of California Berkeley), Jack Newman (Amyris Inc.), Peter Facchini (University of Calgary), Ron Weiss (MIT), Pamela Silver (Harvard University), Radhakrishnan Mahadevan (University of Toronto), Matthew Scott (University of Waterloo), Mads Kaern (University of Ottawa), Joel Bader (John Hopkins University) and Nathan Hillson (Joint BioEnergy Institute).

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This symposium is generously sponsored by Concordia University, Genome Quebec, CSFG, PhytoMetaSyn, CRIBIQ, DNA 2.0 and IDT.

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Concordia welcomes world's best synthetic biology researchers

Healthcare Futurist Jack Uldrich to Address the Future of Physical Therapy

Acclaimed healthcare futurist and best-selling author, Jack Uldrich has been selected to deliver the keynote presentation at the annual meeting of the University of Southern California's Division of Biokinesiology and Physical Therapy. Uldrich will focus on future trends in biokinesiology, physical therapy and healthcare as well as discuss the need for industry professionals to remain open to ...

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Healthcare Futurist Jack Uldrich to Address the Future of Physical Therapy

Patent Pending Wins Billboard's Battle of the Bands

Chart Article

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Patent Pending Wins Billboard's Battle of the Bands

With pop-punk hooks, fist pumps aplenty and some fancy footwork, Patent Pending, an impossibly high energy "rag-tag bunch jerks" from Long Island, NY, earned a golden ticket to perform at the 2012 Billboard Music Awards on Sunday (May 20) after besting five other acts to win the Battle of the Bands showdown.

Hosted by hitmaker Taio Cruz and presented by Chevrolet, the Battle went down Live from Las Vegas' Joint at Hard Rock Hotel and Casino. Judges included Billboard editorial director Bill Werde, Billboard.com's managing editor Jessica Letkemenn, BBMAs producer Charlie Hagel and Laura Swanson, the executive vice president of media and artist relation for Island Def Jam.

PHOTOS: Battle of the Bands 2012

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Patent Pending Wins Billboard's Battle of the Bands

Surprise: The Internet hates rich people

On the eve of their IPO, Facebook kicked off its 31st Hackathon, an all-night coding spree. Every few months the Facebook team gets together to build prototypes for new ideas. Zuckerberg speaks to his employees before officially beginning the Hackathon. He got a standing ovation. Part codathon, part slumber party, the Hackathon is a bonding ritual for many Facebook staffers.

Celebration at Facebook headquarters

Facebook's 31st employee Hackathon

Scenes from Facebook headquarters

Scenes from Facebook headquarters

Scenes from Facebook headquarters

Scenes from Facebook headquarters

Scenes from Facebook headquarters

Scenes from Facebook headquarters

Scenes from Facebook headquarters

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Surprise: The Internet hates rich people

Freedom Communications sells Texas papers

Freedom Communications Inc. in Irvine today announced the sale of its Texas newspapers to AIM Media Texas LLC. Freedom owns The Orange County Register.

Terms of the Texas deal were not disclosed. Freedom said the sale is expected to close in 30 days.

Freedom Communications Inc. is based in Irvine.

CINDY YAMANAKA, THE ORANGE COUNTY REGISTER

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The papers sold include The Brownsville Herald, El Nuevo Heraldo, The Harlingen Valley Morning Star, The Monitor in McAllen, The Odessa American and The Mid Valley Town Crier in Weslaco.

"The attractiveness of these properties is entirely due to their strong performance and the hard work of their associates," said Mitch Stern, Freedom's chief executive. "The sale furthers our goal of providing value to our shareholders while at the same time increasing the financial strength of Freedom."

It was Freedom's second announcement of a sale of a group of regional papers in as many days.

On Thursday, Freedom said it sold its four Midwestern papers to an affiliate of Versa Capital Management LLC, a Philadelphia-based private equity

Freedom has been in the process of selling off its properties since exiting bankruptcy reorganization in April 2010.

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Freedom Communications sells Texas papers

Fear of Freedom – Thomas Fann

MAY 19 – Malaysia is ranked 43rd in the 2011 Legatum Prosperity Index (www.prosperity.com), an index that measures prosperity not just by money but by overall quality of life as well. To arrive at a particular ranking, Legatum assesses 110 countries, accounting for over 90 per cent of the world’s population, and is based on 89 different variables, ...

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Fear of Freedom – Thomas Fann