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ALSO NOTED: Caremark beats profit expectations; Molina's results not so good; and much more...
> A Malaysian state-owned investment fund has bought a 13.2 percent stake in Indian hospital company Apollo. Story
> Caremark reports a healthy 53 percent jump in second-quarter net income; the company credits sales of specialty drugs. Release
> California's Insurance …
... Read more...ALSO NOTED: Coventry Health Q2 profit doubles; Study questions value of EMR for diabetes care; and much more...
> Coventry Health reported second-quarter profit up 54 percent thanks to surging management services revenue. Story
> Top executives at PacifiCare will get bonuses of $230 million if the health system's merger with UnitedHealth Group goes through, according to details made public on Monday. Expect more controversy about this. …
... Read more...ALSO NOTED: Rost bites Pfizer's feeding hand again; HCA selling rural hospitals; and much more...
> Pfizer's dissident executive Peter Rost will give evidence against pharma companies accused of conspiring to control prices in the US by keeping Canadian drugs out of the market. Story
> The California insurance commissioner may look into the United-Pacificare deal. …
... Read more...ALSO NOTED: Topol warns on heart drug; King/Drew docs are well paid; and much more...
> Federal prosecutors say they will not bring perjury charges against Richard Scrushy. The SEC charges against him are not affected. Story (Wall Street Journal sub. req.)
> Respected cardiologist Eric J. Topol writes that Natracor should be off the market in a commentary in this week's New England Journal of Medicine. …
... Read more...ALSO NOTED: Bush launches Medicare Part D drive; Sanofi-Aventis Lovenox patent questioned; and much more...
> President Bush launched the drive to publicize Medicare Part D in 2006 with a two-day mini campaign to promote awareness of the initiative. Story
> Following the news about NitroMed's new drug Bidil, some doctors are worried about the prospect of "racialized" medicine. …
... Read more...ALSO NOTED: GM delivers healthcare ultimatum to unions;IBM completes Healthlink acquisition; and much more...
> IBM completes its Healthlink deal. Story
> GM delivers healthcare ultimatum to unions. Story
> Crawford's appointment as FDA Commissioner looks like it's out of the Senate committee where it was stalled. Story
> Tenet shareholders gain headlines with …
... Read more...ALSO NOTED: Ill. lawmakers approve malpractice cap; Study: Statins underprescribed; and much more...
> Democrats said they would not participate on an advisory panel charged with finding ways to cut $10 billion from this year's Medicaid budget. The legislators object to not being given a vote on the panel. Story
> Lawmakers in Illinois voted today to authorize legislation which limits awards in malpractice cases and strengthens oversight of both doctors and lawyers. …
... Read more...ALSO NOTED: NEJM editor slams drug companies; Guilty verdict for Scrushy?; and much more...
> District of Columbia to put physician data online, boost oversight. Story
> The judge hearing Vioxx litigation predicts "100,000 cases." Story
> California considers a physician-assisted suicide law. …
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