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GE Healthcare taps new CEO, Hogan departs for energy industry
GE Chairman and CEO Jeff Immelt has appointed John Dineen as president and CEO of GE Healthcare.
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Physicians could receive new pay rates in 10 days under new Medicare law
The Centers for Medicare & Medicaid Services has released information to explain how Medicare payment rates will be processed due to the enactment of the Medicare Improvements for Patients and Providers Act of 2008 on July 15.
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McKesson acquires EN-Chart to enhance emergency care segment
McKesson has acquired EN-Chart Scanning Program, a provider of computer-assisted facility coding and compliance solutions for emergency departments.
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Congress overrides Bush veto of Medicare bill, repealing physician cuts
Both houses of Congress Tuesday garnered the two-thirds majorities needed to override the presidential veto of H.R. 6331, the Medicare Improvements for Patients and Providers Act of 2008. The House overrode the veto by a margin of 383-41 and the Senate by a margin of 70-26, just hours after the president issued the veto.
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CMS audit program reaps $1B; returns $700M to trust
The Centers for Medicare & Medicaid Services (CMS) has released a new report, indicating that its Medicare recovery audit contractors (RAC) pilot program has recovered more than $1 billion since 2005 with 85 percent of the money coming from hospitals.
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Bush vetoes Medicare bill; Senate, House expected to quickly override
President George W. Bush today vetoed the Medicare Improvements for Patients and Providers Act of 2008, H.R. 6331. The Centers for Medicare & Medicaid, which delayed implementing the 10.6 percent physician payment cuts until today, will immediately start processing claims under the previously scheduled policy.
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FDA: X-rays used with CT may cause medical device malfunction
The FDA Monday issued a preliminary public health notification, stating that x-rays used during CT exams may cause some implanted and external electronic medical devices to malfunction. The agency also provided recommendations to reduce the potential risk.
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Imaging societies criticize GAO findings on medical imaging growth
Medicare spending for imaging services paid for under the physician fee schedule more than doubled from 2000 through 2006, increasing to about $14 billion, according to a report issued Monday by the Government Accountability Office (GAO). However, several imaging societies and the Health and Human Services (HHS) Department have criticized the report for using outdated data.
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Philips Healthcare posts higher sales, lower profit in Q2
Royal Philips Electronics has reported an increase in sales and a lower net income for its healthcare business in its fiscal 2008 second quarter.
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