Dec. 29, 2010

Today’s issue is brought to you by Medicare Advantage News

Today's Featured Story

November Election Results Help Spur New Efforts to Offset Some Medicare Advantage Payment Cuts
Reprinted from Medicare Advantage News

Some Medicare Advantage proponents, adhering to Yogi Berra’s adage that “it ain’t over till it’s over,” are laying the groundwork for a push in the new Congress to reverse at least some of the MA plan payment cuts included in the health reform law. But at least one veteran Washington policy maker and observer says the efforts are “highly unlikely” to succeed in the current “deficit anxiety” climate on Capitol Hill .... Read Full Story


Quote of the Day

“Drug prices have continued to rise, often bearing no relationship to actual costs of production or development. As soon as the federal Affordable Care Act was enacted, drug makers hiked the prices for many commonly prescribed prescription drugs. The ACA did little to rein in drug prices, while opening new markets and the opportunity for additional profits to the drug industry as more consumers will be insured.”

— Rep. Sharon Treat (D), a Maine lawmaker who in 2000 cosponsored the Maine Rx program.

Click here to read the DRUG BENEFIT NEWS article in which this quote appeared. (Free for DBN subscribers; $17 for non-subscribers).


Today's Datapoint

1%… cuts in across-the-board Medicare payments will hit hospitals in 2015 if their rates of hospital-acquired conditions fall into the top 25% nationally, under new health reform provisions.

Click here to read the AIS's HEALTH REFORM WEEK article in which this datapoint appeared. (Free for HRW subscribers; $17 for non-subscribers).


People on the Move

VisionCare Ophthalmic Technologies, Inc., a developer of advanced visual prosthetic devices, named Richard Powers executive vice president. Powers was president and CEO at Aspire Medical, Inc....National Pharmaceuticals Corp. appointed Elaine Affleck president and CEO. Affleck has been a member of the company's board of directors.


Today's Featured Health Business Job Opening

The Burchfield Group
Database Administrator
St. Paul, Minn.

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