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Thursday, July 29, 2010

Daily news & Analysis

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Rite Aid to Pay $1 Million for Potential Patient Privacy Breaches

By: Dom Nicastro, for HealthLeaders Media, July 28, 2010

Rite Aid Corporation could have avoided a $1 million fine by simply enforcing its HIPAA policies and procedures and providing ongoing staff training, experts say.

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CMS Keeps Original Payment Policy for Multi-Campus Hospitals

By: Janice Simmons, for HealthLeaders Media, July 29, 2010

Multi-campus hospitals should not anticipate additional incentive payments beyond what would be paid for one hospital under the "meaningful use" provisions unveiled earlier this month. This testimony on the HITECH Act was presented Tuesday at a hearing of the House Energy and Commerce Health Subcommittee.

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Vestar to Acquire HealthGrades For $294 Million

By: John Commins, for HealthLeaders Media, July 28, 2010

Vestar Capital Partners V, L.P., a private equity firm, will purchase healthcare ratings company HealthGrades, Inc. in a deal valued at $294 million, the two companies jointly announced Wednesday.

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Back Pain Care Spending Nearly Doubled in a Decade

By: Cheryl Clark, for HealthLeaders Media, July 29, 2010

Americans spent nearly twice as much money on treatment for back pain, in 2007 compared with 1997, or $30.3 billion compared with $16 billion, according to a report from the federal Agency for Healthcare Research and Quality (Back Problems: Use and Expenditures for the U.S. Adult Population, 2007)

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Aetna, CVS Caremark, Sign 12-year PBM Deal

By: John Commins, for HealthLeaders Media, July 29, 2010

CVS Caremark has signed a 12-year contract to provide pharmacy benefit management services for 9.7 million Aetna customers. Under the deal, announced this week, Aetna will retain its PBM and manage clinical programs, protocols and oversight of its pharmacy benefits business.

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FTC Takes Aim At Generics Pay for Delay

By: Janice Simmons, for HealthLeaders Media, July 29, 2010

A top competition priority this year at the Federal Trade Commission (FTC) is to stop "pay-for-delay" agreements between branded and generic drug manufacturers, FTC Chairman Jon Leibowitz told the House Judiciary Subcommittee on Courts and Competition Policy on Tuesday.

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Lessons from European Healthcare Marketing (Or the Lack Thereof)

By: Marianne Aiello, for HealthLeaders Media, July 28, 2010

While I was traveling in Europe earlier this month, I realized there are many insights American healthcare marketers can glean from their European counterparts.

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Doctors Need Decision Support in Ordering Imaging Diagnostics

By: Cheryl Clark, for HealthLeaders Media, July 28, 2010

The idea that many primary care physicians would not know what diagnostic imaging tests they should order to diagnose a patient's symptoms might seem incongruous, considering their training and the faith we place in them.

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The Challenge of Measuring Healthcare Value

By: Elyas Bakhtiari, for HealthLeaders Media, July 28, 2010

Last week the nation’s largest health insurers received a letter from the American Medical Association and 46 state medical societies that sharply criticized the accuracy and reliability of the cost-profiling mechanisms that many payers use to rate and tier physicians.

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