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FDA warns that spread of computers creates new dangers for medical devices
Microprocessors, which run everything from patient monitors to artificial pancreases, have potential software flaws that are a growing concern for lifesaving medial devices.
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CMS proposes additional cuts, delays to 2009 physician fee schedule
The Centers for Medicare & Medicaid Services (CMS) has proposed to reduce the 2009 Physician Fee Schedule by another 5.4 percent. Also, agency officials said it will not process any payments to physicians until July 15 at the earliest, leaving the congressionally mandated 10.6 percent reimbursement reduction uncertain.
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MDS urged to sell Nordion for $1B
A New York hedge fund is pressing MDS to sell MDS Nordion, predicting the sale of the medical isotope producer would generate $1 billion.
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Lawmakers to curb court protection of FDA-approved medical devices
Drugmakers waiting for the U.S. Supreme Court’s decision on preemption in Wyeth v. Levine later this year could be affected by the Medical Device Safety Act of 2008, introduced June 26 in the House to preserve state product liability lawsuits.
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Reimbursement cuts imminent as Senate fails to garner support for Medicare bill
In the Senate, supporters of a bill that would close debate on a 10 percent cut in Medicare payments, scheduled to occur July 1, fell two votes short of the 60 needed for passage on June 26.
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DEA proposes rules to allow for e-prescribing
The Drug Enforcement Agency (DEA) Friday issued a proposed rule that would allow the electronic prescribing of controlled substances. The agency will accept public comments until Sept. 25.
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Subcommittee swiftly passes $575M health IT bill to the House
The House Energy and Commerce Health Subcommittee Wednesday approved the $575 million health IT bill to speed the adoption of EHRs. The approval came one day after House Energy and Commerce Chairman John Dingell, D-Mich., and ranking member Joe Barton, R-Texas, introduced the legislation to the subcommittee.
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FDA incentive pay jumps 29% amid troubling times
FDA employees received more than $35 million in incentive pay in 2007, despite cries from Congress that the agency's earlier bonuses to senior officials were excessive.
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RFIDs in hospital settings may interfere with medical devices
In a controlled nonclinical setting, radio frequency identification (RFID) induced potentially hazardous incidents in medical devices, according to a study in the June 25 issue of the Journal of the American Medical Association.
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  • FDA issues pediatric medical imaging advisory
  • FTC gives Hologic early greenlight for $580M takeover of Third Wave
  • House passes Medicare bill with imaging provisions, preventing physician cuts
  • Industry appeals to FDA to maintain current guidelines for heart imaging agents
  • FDA may receive $2.1B for FY 2009 to assist with ‘broken’ policies
  • AT&T, Covisint and Microsoft to deliver national HIE
  • CMS initiates NPI-IRS data match for reimbursements
  • FDA warns that deaths continue with heart imaging agents
  • GAO report: Thousands of Medicare providers abuse federal tax system
  • Boston Scientific to sell off its investment portfolio for $140M
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