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Private Equity Firm Golder Rauner LLC (Devicor Unit) Makes Offer for J and J Ethicon Breast Care Business
Private Equity Firm Golder Rauner LLC (Devicor Unit) Makes Offer for J and J Ethicon Breast Care Business

Below is a statement from the Devicor website, so it appears their business acquiring and growing healthcare companies.  The article also mentions below that J and J had been somewhat shopping for a buyer.  We have more private equity firms growing into healthcare.  “Devicor™ Medical Products, I…

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31Mar2010


Capital BlueCross Eliminates 182 Jobs – Automated Algorithmic Processes and Technology Advances Now Doing the Job
Capital BlueCross Eliminates 182 Jobs – Automated Algorithmic Processes and Technology Advances Now Doing the Job

This is one more sign of technology taking over work where humans used to the jobs and it is moving today at rocket speeds everywhere.  In this press release the company clearly states this, again as I say we have swords to do battle with and they have machine guns in the infrastructure and technol…

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31Mar2010


Microsoft Tags on CBS Early Show – Wake Up FDA, Pharma and Medical Device Companies –Scan Those Drugs, Medical Devices and Synchronize with an FDA Tag Data Base – Recalls, Theft Tracking and More….
Microsoft Tags on CBS Early Show – Wake Up FDA, Pharma and Medical Device Companies –Scan Those Drugs, Medical Devices and Synchronize with an FDA Tag Data Base – Recalls, Theft Tracking and More….

Everybody that reads here, knows I am a fan of Tags and I have an entire series of how they can be used in healthcare, they work with RFIDs too.  Watch the video and see how they are used for entertainment.  I guess that must come first, you think?   This is all free too.  The link below explains al…

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31Mar2010


HealthVault PHR Can Help Save You Find and Track Savings on Prescriptions – Integration with OptimizerX
HealthVault PHR Can Help Save You Find and Track Savings on Prescriptions – Integration with OptimizerX

Optimizer also offers a prescription card you can print out to receive discounts.  As a member you can upload your prescription records into HealthVault and this can help you keep track of possibly where you get them filled and what you paid for them.  There has been quite a bit in the news lately a…

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31Mar2010


FDA Requiring Informatics on Pediatric Devices – Expect More Devices that Report Data
FDA Requiring Informatics on Pediatric Devices – Expect More Devices that Report Data

That’s the answer here as to manually collect and analyze with today’s standards and availability of information is almost not possible.  This also goes to show that Health IT and the FDA are in fact emerging areas to where one is going to need to work closely with the other.  The link below will gi…

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31Mar2010


DOT Plants to Ban Text Messaging For Commercial Drivers – But What About the Drivers Taking Their Blood Pressure and Glucose Readings on the Road Using Cell Phones And Other Devices that Report Data?
DOT Plants to Ban Text Messaging For Commercial Drivers – But What About the Drivers Taking Their Blood Pressure and Glucose Readings on the Road Using Cell Phones And Other Devices that Report Data?

This makes a very good point about “tech denial” and lack of participation and understanding of some governmental leaders.  We have wellness programs and analytics that are put there to help consumers, but what about the balance here?  A truck driver could have an accident being distracted doing som…

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31Mar2010


Consumer Watchdog Wants A Probe on WellPoint – Told Investors It Will Game Reform (Adjust Algorithms) for Profit
Consumer Watchdog Wants A Probe on WellPoint – Told Investors It Will Game Reform (Adjust Algorithms) for Profit

It’s that same old word I mention over and over, it’s the formulas used via software to make the analytical decisions.  The article here says game, but ask any broker on Wall Street, “it’s all about those algos”, that is what drives profit.  They live and die by the numbers as that’s what lines the…

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31Mar2010


Myriad's BRCA (DNA Breast Cancer) Patent Ruled Invalid Today – US Patent and Trademark Office Also Off the Hook
Myriad's BRCA (DNA Breast Cancer) Patent Ruled Invalid Today – US Patent and Trademark Office Also Off the Hook

This could open the door for other companies to enter the market.  Up until this decision, Myriad was the only company worldwide that could perform the DNA genetic analysis test and the cost was around $3000.00.  Additional pressure was given by the insurance industry for patients to have the test …

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29Mar2010


Tenet Healthcare Opens Medical Clinic in Florida – At A Bank
Tenet Healthcare Opens Medical Clinic in Florida – At A Bank

The clinic is to offer care to employees only.  We don’t want employees overworked and neglecting their healthcare.  Is this a sign of the times and perhaps something we can soon see on Wall Street?  We have all probably read by now how heart attacks are on the rise with some of their “stressful mon…

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29Mar2010


Happy Doctor’s Day – March 30th
Happy Doctor’s Day – March 30th

Thanks to all the doctors who stop by here and if you have anything to celebrate, this might be the day to do it, or to collect a bunch of red carnations!   Every year, March 30th is National Doctor's Day...yes they do have a day of their own!  Say thanks to your physician today for his continued ca…

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29Mar2010


Cisco TelePresence Expanding Beyond Healthcare with Collaboration with Bank of America
Cisco TelePresence Expanding Beyond Healthcare with Collaboration with Bank of America

If you read the Quack often enough there are several posts about Cisco’s investment in healthcare.  Below are a couple fairly recent posts.  The banks are also climbing aboard now to save travel time and create better collaboration methodologies.  I just read where Cisco is the number one  profitabl…

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29Mar2010


Insurers Disputing Covering Pre-Existing Conditions for Children – Time for Algorithmically Centric Digital Laws
Insurers Disputing Covering Pre-Existing Conditions for Children – Time for Algorithmically Centric Digital Laws

When you read stories like this, it’s again one more reason to keep the “private” or public option open.  Insurers have big budgets for legal costs and this seems to get added right to the cause.  Public Option Possibility Is Not Completely Dead – It’s the Missing Piece of the Puzzle We Still Need…

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29Mar2010


Eli Lilly Outsourcing Clinical Trial Support to Thermo Fisher in Massachusetts
Eli Lilly Outsourcing Clinical Trial Support to Thermo Fisher in Massachusetts

Instead of being done in house, Thermo Fisher will be the outsourced agent here for materials, packaging and labeling products used in trials.  Lilly employees can apply for jobs at Thermo Fisher as they are released from the company.  Clinical trials are not getting any cheaper to put on and with …

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28Mar2010


Ingenix (Subsidiary of United Health Care) Buys QualityMetric – More Algorithmic Formulas To Choose From To Identify Future Risk and Cost
Ingenix (Subsidiary of United Health Care) Buys QualityMetric – More Algorithmic Formulas To Choose From To Identify Future Risk and Cost

Are you a bit tired of hearing about risk management and what a “risk” we all are to society at times?  I guess after researching and posting information on this blog with the glut of software and business intelligence software out there, it seems that none of us do a lot of anything right and we wi…

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28Mar2010


Update: Dr. Don Berwick Will Be Nominated as CMS Administrator – Featured Expert From “Money Driven Medicine” – The Book and Movie (Videos)
Update: Dr. Don Berwick Will Be Nominated as CMS Administrator – Featured Expert From “Money Driven Medicine” – The Book and Movie (Videos)

I was reading through my news and Maggie Mahar has updated her blog and states the rumor of the nomination is now true.  Also in her update, here’s a clip from her notes:  why can’t the Kaiser Permanente model work everywhere? “In part 2 of this profile, I’ll talk about what Berwick has to say ab…

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27Mar2010


PrivaMed, Inc. Granted US Patent for Security Platform and Cards for Medical Records
PrivaMed, Inc. Granted US Patent for Security Platform and Cards for Medical Records

In reading the press release and web site the patent appears to include multi platforms for security for anything from biometrics, a card, a PDA cell phone and a few other software configurations.  With all the issues we read about currently with security breaches, the solution field is bound to be…

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27Mar2010


Senate Majority Leader Harry Reid Calls Out “No” By Mistake on Healthcare Vote – Second Time He Did This
Senate Majority Leader Harry Reid Calls Out “No” By Mistake on Healthcare Vote – Second Time He Did This

The senator supports reform and has worked hard to gain supporters.  I guess he may have been distracted and changed his vote, and this has been done twice now.  What’s his level of distraction? Is Distraction Getting in the Way of HealthCare Reform? I think I am right when I say we live in a worl…

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26Mar2010
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