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A New Government-Run Plan Would Impose Significant Financial Losses on California Hospitals

WASHINGTON, July 16 /PRNewswire-USNewswire/ -- Many California hospitals would face substantial net losses if there were a large scale shift of individuals with private coverage to a government-run plan that reimburses providers at Medicare rates or Medicare rates plus 10 per...

Study: Smoking bans do not cause job losses in bars and restaurants

COLUMBUS, Ohio New research suggests that exempting bars from community smoking bans makes no economic difference in terms of preserving bar employment, and that even the most comprehensive clean indoor air policies do not lead to a reduction in hospitality jobs. Researchers hope the findings,...

Ericom's Remote Access and Business Continuity Solution Increases Immunity to Productivity Losses -- Combats Swine Flu Scare

PowerTerm WebConnect primed for enabling mobility to those needing to work from home or on the road CLOSTER, N.J., May 12 /PRNewswire/ -- Ericom Software, a global leader in Application Access and Virtualization solutions announces that its flagship remote access solution, PowerTerm WebConn...

Highline Data Analysis Shows Year-over-Year P&C Industry Net Income Down 67.7%, Life Industry Net Unrealized Capital Losses Totaled $51.7 billion in 2008

CAMBRIDGE, Mass., March 5 /PRNewswire/ -- The nation's top 100 property and casualty insurers closed 2008 with net income levels not seen in more than seven years, while the top 100 life insurers suffered unprecedented unrealized capital losses, according to Highline Data. The Highline Data ...

Job Losses Carry High 'Stress Tag'

Battered economy exacts emotional toll on unemployed, families, even those still working,, THURSDAY, Feb. 12 (HealthDay News) -- As each day brings more bad news on the U.S. economic crisis, the monetary cost of the mounting job losses might be far easier to measure than the mental tol...

Facing Large and Uncontrollable Financial Losses on Individual Policies, Blue Cross Blue Shield of Michigan Will Cut Up to 1000 Jobs in 2009, Reduce Spending and Seek Rate Increases on Individual Plans

DETROIT, Jan. 16 /PRNewswire/ -- Blue Cross Blue Shield of Michigan announced a series of actions today to preserve its financial health by partly offsetting projected losses on its individual health plans that could exceed a cumulative total of $1 billion from 2009 through 2011. Daniel...

Sangui BioTech Files Three 2007 Quarterly Reports, Sales Increased, Losses Continue

WITTEN, Germany, June 20 /PRNewswire-FirstCall/ -- Sangui BioTech International, Inc., has now filed its quarterly reports on Form 10QSB with the SEC covering the quarters ended September 30, 2006; December 31, 2006, and March 31, 2007. In the first nine month of its 2007 financial year the co...

PacifiCare 'Rescission' Settlement Gives Lip Service to Patient Losses But Stacks Legal Deck in Favor of Insurers

"Reform" Legislation Given Green Light by Insurers SANTA MONICA, Calif., June 19 /PRNewswire-USNewswire/ -- A settlement announced today by California health regulators acknowledged that patients should be able to recover unpaid medical bills following illegal cancellations of their health c...

Little Makoda-Poster Girl For Leukemia Awareness Campaign Losses Her Battle Of Life

Three-year-old Makoda Suen had passed away last Thursday from an acute form of leukemia. She was the poster girl for the B.C. Children's Hospital Foundation's latest awareness campaign for bone marrow donors//. Makoda Suen had passed away three months after a worldwide campaign was launched t...

China to Face Huge Economic Losses Due to AIDS in the Coming Years

Economic losses brought by AIDS to China in the coming five years are estimated to exceed 300 billion yuan ($42.25 billion), said a renowned AIDS expert here Wednesday//. At a conference of the Chinese Academy of Sciences (CAS), Zeng Yi, chief scientist with the STD (sexually-transmitted disea...

Hospitals Facing Huge Losses From Healthy Patients Yet To Discharge

The Royal Hampshire County Hospital (RHCH) in Winchester, which is already suffering from huge losses, and is heavily strapped for cash, has been spending £359,000 caring// for two patients even though they do not need treatment. Two elderly patients have been in hospital for two years even th...

Huge financial losses due to Bird flu scare!

Bird flu scare besides taking poultry life is also incurring huge financial losses. A huge loss of Rs 100 crore has been caused to poultry farmers in Kerala,// badly hitting the over Rs 2500 crore poultry industry in the state. This was revealed by the All Kerala Poultry Farmers and Traders Associa...

Oxford Radcliffe Hospitals Warns Of Further Job Losses

The crisis of loss of jobs on the NHS worsened today after Oxford Radcliffe Hospitals said that it plans to offer services that only fit into its budget.// The Trust operates four hospitals in Oxford and Banbury. It said that compulsory job losses cannot be ruled out although it currently has...

Chicken Farmers In Northern Nigeria Face Huge Losses

Bird flu has caused huge losses to chicken farmers in northern states of Nigeria.A senior Nigerian official said on Friday, that the farmers in the northern state of Kaduna have lost at least 65 million naira (about 500,000 U.S. // dollars) to the outbreak of bird flu since the deadly virus of H5N1...

GeoVax Labs, Inc. Announces Six Month 2009 Financial Results and Provides Operational Update

...352 for the same period in 2008. For the six months ended June 30, 2009, the Company's net loss was $2,210,163 as compared to $1,966,862 in 2008. Net losses were partially offset by grant revenues related to the Company's grant from the NIH in support of its HIV/AIDS vaccine development activities; such re...

Cogdell Spencer Inc. Reports Second Quarter 2009 Financial Results

...FOM excludes depreciation and amortization unique to real estate, gains and losses from property dispositions and extraordinary items, it provides a performan...FFO excludes depreciation and amortization unique to real estate, gains and losses from property dispositions and extraordinary items, it provides a performan...

Blue Cross Blue Shield of Michigan, Michigan Attorney General and Michigan Office of Financial and Insurance Regulation Near Agreement on Rate Increases on Under Age 65 Individual Products

...to increase rates earlier this year in response to losses of more than $133 million in 2008 on its policies ...ning over time." BCBSM's individual product losses are driven by a growing number of people seeking t... A critical factor in BCBSM individual product losses is the higher underlying medical cost that occurs ...

Omega Protein Reports 2009 Second Quarter Results

...3,988 6,513 7,663 Research and development expense 325 332 682 650 (Insurance recoveries and other proceeds) losses relating to natural disaster and other, net 2 (32) (2,265) 185 --- --- --...

IPC The Hospitalist Company Reports Second Quarter 2009 Results

...irement of FASB Statement 141(R) to expense external costs associated with acquisitions that close subsequent to December 31, 2008; and (iii) gains or losses related to changes in estimates of earn-outs related to acquisitions that close subsequent to December 31, 2008 as required by FASB Statement 141(R). ...

Symmetry Medical Reports Second Quarter 2009 Financial Results

...r the second quarter 2008. During the second quarter 2009, operating income at the Company's Sheffield, UK unit was $0.1 million compared to operating losses of $3.9 and $1.6 million in the second quarter 2008 and first quarter 2009, respectively. Operating margin of 13.4% for the second quarter 2009 repres...

SXC Health solutions announces record second quarter financial results

... management believes it is useful to exclude stock-based compensation as this is not a cash expense. Lastly, certain other one-time charges (including losses on disposals of capital assets) are excluded as these are not considered to be recurring items. Adjusted prescription volume equals SXC's Mail Servi...

BioMed Realty Trust Commemorates Five-Year Anniversary as a Public Company

...ownturns in the national and local economies, increases in interest rates, and volatility in the securities markets; potential liability for uninsured losses and environmental contamination; risks associated with the company's potential failure to qualify as a REIT under the Internal Revenue Code of 1986, a...

Article Now Available: Are Special Orders Draining Your Budgets?

...em master file is at the heart of why most special orders are placed. "Are Specials Draining Your Budgets?" details the productivity and profitability losses generated by special orders, such as overpayments and invoicing errors, and provides best practice guidance from the results one organization found wi...

While Some New Agents Will Achieve Strong Sales, the Migraine Drug Market Will Decline $1.3 Billion by 2018 as Generic Erosion Takes Toll on Top-Selling Brands

...sues, finds that although sales of emerging therapies will partially offset losses to generic competitors, the migraine drug market will decline from $4.7 bil...elcagepant as an alternative to triptan therapy will help counteract market losses -- according to the report, telcagepant will garner sales of $1.3 billion i...

FDA extends review of Pennsaid(R) diclofenac sodium topical solution

...oblems or disruptions, rising commodity costs, recalls or safety alerts and negative publicity relating to Covidien or its products, product liability losses and other litigation liability, including legacy Tyco-related litigation, divestitures of some of our businesses or product lines, our ability to exec...

The National Health Care Anti-Fraud Association Signs Memorandum of Understanding With Canadian and European Anti-Fraud Organizations

...h provide healthcare services to millions of people in Europe . EHFCN's primary objective is to reduce fraud and corruption in healthcare: reducing losses will help bring back money to healthcare services for the benefit of every patient. EHFCN provides information, tools, training and assistance in figh...

West Announces Second Quarter 2009 Results

...se, which is the result of pension fund investment losses incurred in 2008, as well as $1.0 million of incre... a result of the effects of substantial investment losses incurred by the U.S. pension plan assets during 20...h currently expected outcomes; significant losses on investments of pension plan assets, relative to...

ProAssurance Reports Second Quarter 2009 Results

...ich includes the effect of net realized investment losses incurred during the quarter and six month period e... Add: Net Realized Investment losses $- $3,477 $1,594 ...on equity, financial ratios, net income, premiums, losses and loss reserves, premium rates and retention of ...

Dementia induced and blocked in Parkinson's fly model

...-known for impairing movement and causing tremors, but many patients also develop other serious problems, including sleep disturbances and significant losses in cognitive function known as dementia. Now researchers at Washington University School of Medicine in St. Louis have modeled Parkinson's-associa...

House Tri-Committee Bill Would Hurt Patients and Kill Jobs

...atient access and choice and hurt an innovative sector that currently employs hundreds of thousands of workers. The result could mean significant job losses in the middle of a recession. In addition, the legislation allows broad override of protections for Medicare and Medicaid beneficiaries by unelected ...

BioMarin Announces Second Quarter 2009 Financial Results

... La Jolla Pharmaceutical Company transaction. ** Represents impairment losses on investments in La Jolla Pharmaceutical Company of $4.5 million a... Company in 2008 and 2009, respectively. (2) Includes impairment losses on investments in Summit plc. during the fourth quarter of 2008 an...

CryoLife Reports Record Quarterly Revenues of $28.2 Million

...me obsolete, extensive government regulation may adversely affect our ability to develop and sell products and services, we have experienced operating losses and negative cash flows in the past, and we must continue to address the underlying causes in order to continue to operate profitably and generate pos...

Gentiva Reports Second Quarter 2009 Results

... === ====== === ======= (6) Interest expense, net for the second quarter and first half of 2009 included impairment losses on auction rate securities of $0.6 million and $1.0 million, respectively. (7) The Company's effective tax rate was 39.4% and 35.9% for the sec...

Tyco International Reports Third Quarter Earnings from Continuing Operations Before Special Items of $0.58 Per Share and GAAP Earnings of $0.51 Per Share

... (10) (201) (115) Provision for losses on accounts receivable and inventory... - 0.01 0.01 0.02 losses on divestitures - - 0.01 ... - - - - losses on divestitures - - - ...

BioMed Realty Trust Reports Second Quarter 2009 Operating and Financial Results

...and volatility in the securities markets; potential liability for uninsured losses and environmental contamination; risks associated with the company's potent...FFO excludes depreciation and amortization unique to real estate, gains and losses from property dispositions and extraordinary items, it provides a performan...

HCA Reports Second Quarter 2009 Results

...r. Results for the second quarter of 2009 include losses on sales of facilities of $3 million compared to losses of $11 million in the second quarter of 2008. Seco...lts for the six months ended June 30, 2009 include losses on sales of facilities of $8 million and an impair...

WellPoint Reports Second Quarter 2009 Results

...lion, or $1.43 per share, including net investment losses of $0.07 per share. Net income in the second quar... or $1.44 per share, which included net investment losses of $0.03 per share. "We are pleased with o...e range of $5.06 - $5.12, including net investment losses of $0.54 per share." CONSOLIDATED HIGHLIGH...

Zix Corporation Reports Another Record-High Revenue Quarter as Company Announces Second Quarter 2009 Financial Results

...cial statements; the Company's continued operating losses and its PocketScript e-Prescribing service's use o...egment (D) The Company's U.S. operations' net losses for U.S. tax purposes are fully provisioned. ...egment (D) The Company's U.S. operations' net losses for U.S. tax purposes are fully provisioned. ...

Ongoing Study Shows That Endovascular Therapy is Associated With High Cure Rate for Childhood Eye Cancer

...as considerably reduced the number of conventional treatments, including the toxic intravenous chemotherapy, and most significantly, the number of eye losses . "The results really do have the potential to change the entire treatment approach to advanced retinoblastoma. In our center, chemosurgery is now ...

LCA-Vision Reports Second Quarter Financial Results

...nclude $1.6 million in restructuring and impairment charges, yet we benefited from a $6 million tax refund related to the utilization of net operating losses generated in 2008. We generated $5.2 million in cash from operations during the quarter," Celebrezze added. Advanced Vision Analysis "We ...
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