One-third of U.S. healthcare costs due to errors, poor communication; Web, GPS-based system keep tabs on Alzheimer's patients;

> The U.S. healthcare system wastes up to $850 billion annually--one third of the entire nation's healthcare costs--due to administrative inefficiency, unnecessary treatment, medical errors, fraud and other perennial blunders, according to a new report. FierceHealthFinance

 > The Alzheimer's Association is teaming with location-based technology vendor Omnilink to offer Comfort Zone, a web-based application that tracks and relays the position of Alzheimer's patients to prevent them from straying from familiar territory, unable to remember the way back. FierceMobileHealthcare

> At the Web 2.0 Summit last week, federal CTO Aneesh Chopra explained, to some hardcore Silicon Valley types, that technology could immediately address the "low-hanging fruit" of healthcare, including the inefficient billing processes that eats up 17 percent of spending. FierceHealthIT

> Pfizer gave hefty rewards to two executives who knocked themselves out to close the Wyeth deal: CFO Frank D'Amelio will receive $1.2 million, while Biopharma Group President Ian Read gets $1 million. Half of the bonuses came in cash; the rest will be stock options that vest over the next few years. FiercePharma

And Finally... Seriously, do you think autism stands a chance in a battle against this "Wiseguy"? Article

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