RI hospital sees debt interest rise from 1 to 15 percent; Medtronic to shed 1,500-1,800 jobs;

> Nick Jacobs talks about his experience as a patient, opening up about his emotions in the face of a cardiac stress test and mild kidney failure. Hospital Impact

> In the wake of the financial industry meltdown, auction-rate debt has gone toxic. Case-in-point, Rhode Island's South County Hospital, which saw its debt interest rise from 1 percent in 2006 to a current rate of 15 percent. FierceHealthFinance

> Reeling from a 69 percent drop in fourth-quarter profits, Medtronic says it's going to slash 1,500 to 1,800 jobs as part of an effort to streamline its operations. Some 400 workers already have accepted buyout offers, and they'll depart at the end of this month. FiercePharma

> Check out FierceBiotech's continuing coverage of BIO 2009 from Atlanta! FierceBiotech

And Finally... Seriously, what was this kid thinking? Article

Post a comment