ALSO NOTED: Happy days for GE in HIT;GAO critical of Medicare fraud enforcement; and much more...

> A new report notes that merger and acquisition activity has surged in the healthcare sector in the third quarter. Release

> HIT: Will GE's acquisition of IDX pay off? Frost and Sullivan's Steve Tobin thinks so. Analysis

> The New York Times looks at the plight of seriously ill patients forced to deal with an avalanche of confusing medical bills. Two leading healthcare IT luminaries are not immune from the chaos. Article

> A new report from the GAO suggests equipment suppliers found to have defrauded Medicare are able to easily continue working with the program. Article

> The Bush administration panel created to recommend reforms for the tax code has suggested scaling back or eliminating popular deductions for healthcare. Article

> A panel at UMASS Memorial Medical Center in Worcester, MA, said there were "red flags" at the hospital's cardiac bypass program. Article

> Shares in Biocryst have risen nearly 50 percent over the past five days. The company makes Peramivir, an experimental flu drug. Article

And Finally... The French government announced that it will cut the costs of branded drugs which have generic equivalents by 13 percent on January 1. Article