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- BNET Author Biography
- David P. Hamilton, a 14-year veteran of the Wall Street Journal, is a freelancebusiness and medical writer in San Francisco. He most recently founded theLifeScience section of VentureBeat, a news site for innovation and venturebusiness. Previously, David covered biotechnology, the Internet, and computingand served as a Tokyo foreign correspondent...
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- BNET Energy Scoops the New York Times
- Scooping the New York Times doesn't happen every day, which is why it's great to see the Gray Lady following David Phillips in reporting on a shortage of deep-sea oil-drilling ships. Alert readers of BNET Energy may recall that David was one of the first to report on the subject...
- Blog posts 2008-06-18
- Insurers Take On Botched Medical Work -- With Their Checkbooks
- Medical errors are one of the leading preventable causes of death in the U.S., accounting for up to 98,000 fatalities a year -- more than car crashes, breast cancer or AIDS. But the healthcare system has been remarkably resistant to change that might start bringing those numbers down -- at...
- Blog posts 2008-04-04
- Vytorin Update: Big Pharma Strikes Back
- The saga over Vytorin, the expensive cholesterol pill that may be no better than older, cheaper "statin" drugs, has come to a familiar pass: The manufacturer backlash. Merck and Schering-Plough, the makers of Vytorin, saw their stocks crushed the day after cardiologists trashed the multi-billion-dollar drug at...
- Blog posts 2008-04-03
- Marketing Trumps Science in Vytorin Scandal
- In one of the drug industry's more revealing scandals in a while, Merck and Schering-Plough are struggling to rescue two new cholesterol drugs from evidence that they're useless at fighting heart disease and charges that the two companies deliberately sat on the bad news for roughly a year. ...
- Blog posts 2008-04-01
- Comparative Effectiveness: Putting Medicine Under a Microscope
- Most people don't know it, but hard evidence as to which medical treatments actually work best is in awfully short supply here in the U.S. The growing scandal over the expensive cholesterol drug Vytorin, which appears to be no more effective than older, cheaper statin drugs, is just the latest...
- Blog posts 2008-04-01
- "Health 2.0" vs. Consumer Apathy
- The notion advanced by enthusiasts of "Health 2.0" is both simple and appealing. A new generation of interactive Web services, they say, will arm individuals with data, tools and supportive online communities so they can take charge of their own medical care -- and in turn transform the broken U.S....
- Blog posts 2008-03-26
- Healthcare Roundup: Medical Tourism Goes Pro, HCA CEO Out, Chicago Hospital Fails, and More
- More health-insurance plans paying for overseas care -- Medical tourism, or sending patients to cheaper overseas hospitals, appears to be the latest new tool for health-insurance companies and employers seeking to cut costs. Among the most recent developments: Blue Cross & Blue Shield of South Carolina created a medical-tourism subsidiary...
- Blog posts 2008-09-30
- ICD-10 Switchover a "Meltdown" Or Just Costly?
- Unbeknownst to most folks outside of lobbyists and healthcare-IT types, a significant showdown is looming over a federal mandate that would require health-insurance companies and hospitals to adopt a new set of billing codes by 2011. The new codes, known as ICD-10, would replace an outdated set known, aptly enough,...
- Blog posts 2008-09-30
- More on 23andMe and the Future of Personal Genomics
- I've been remiss in addressing a particularly thoughtful response to my earlier post on 23andMe's price-cutting and its potential consequences for the future of personal genomics. So let me remedy that. To recap briefly: 23andMe, the spit-to-read-your-genome company, dropped its subscription price to $399 from $999, a...
- Blog posts 2008-09-30
- Healthcare Roundup: Wal-Mart Offers Employee PHRs, Health Plan Collapses, and More
- Wal-Mart offers employees personal-health records -- The retail giant said it would offer its employees electronic PHRs based on technology from WebMD and Dossia, an employer coalition. The company will pre-fill those records with prescription-drug and medical-treatment information from pharmacies and health-insurance companies. Of course, there's a catch: The plan...
- Blog posts 2008-10-01
- Are Hospitals Really Suffering in the Financial Crisis?
- Is the financial crisis "taking a toll" on hospitals, as the WSJ Health Blog asserted yesterday, or not? So far, the verdict looks decidedly mixed. by David P. Hamilton
- Blog posts 2008-10-02
- Arrowsight Medical: Healthcare Quality Meets Big Brother
- Preventing avoidable medical errors -- which most likely still account for close to 100,000 deaths a year in U.S. hospitals -- remains one of the most important quality-control efforts underway in healthcare. It's a huge challenge, though, largely because most errors result from the actions and inattention of thousands of...
- Blog posts 2008-09-29
- Everything That's Wrong With Healthcare, In One Easy Diagram
- Via the Health Care Blog, I learned that the folks at Good magazine recently put together a very handy one-stop diagram that outlines most everything you'd need to know about why the U.S. healthcare system is such a mess. Click on the image for a larger version: ...
- Blog posts 2008-09-29
- Healthcare Roundup: Cardinal Health Spinoff, Hospitals Ditch Debt, and More
- Cardinal Health to spin off clinical, medical-product units -- The healthcare-services company said it will form a new $4 billion spinoff firm from units that handle distribution of surgical and medical products. Cardinal will retain drug and medical-supply chain services under its own roof. [Source: Health Data Management] ...
- Blog posts 2008-09-29
- New Media Opportunity for Drug Firms: Video Games
- Perhaps you're tired of seeing the same healthy-looking people in drug ads hiking across craggy rocks or picking up their grandkids or wafting gently off to sleep while a slew of side effects (in fine print, natch) scrolls quickly by. If so, the pharmaceutical industry has another offer for you:...
- Blog posts 2008-09-25
- Aetna Also Exposed to Lehman, AIG for $234M
- Among those fervently hoping that Washington can soon reach agreement on a financial-bailout package have to be large health-insurance companies. Late last week, Aetna became the latest health-insurance giant to disclose that it also has a substantial exposure to securities offered by the failed investment bank Lehman Brothers and the...
- Blog posts 2008-09-24
- Aetna Vs. Health-Insurance Rescission?
- Health-insurance companies have gotten kicked around pretty good for the seemingly common practice of "rescission" -- essentially the post-hoc cancellation of individual insurance policies, often enough after a health-plan member falls ill and begins to rack up some serious medical bills. Now Aetna, as part of its ongoing effort to...
- Blog posts 2008-09-23
- Nonprofit Hospitals and Endangered Tax Exemptions: Illinois Edition
- Many nonprofit hospitals have indulged themselves by building big, expensive facilities designed to attract well-insured or wealthy patients, gouging less fortunate individuals with huge up-front payment demands for expensive treatment, and sometimes even by building effective local monopolies that force up the cost of care. Such practices often come at...
- Blog posts 2008-09-22
- Healthcare Roundup: Stent Makers Pay Up, New York Pays Hospitals to Close, and More
- Stent makers forced to pay J&J $1.2BÂ --Â Medtronic and Boston Scientific lost separate patent-infringement cases regarding their bare-metal stents to Johnson & Johnson, and now owe J&J $521 million and $703 million, respectively. Oddly enough, Boston Scientific pulled the offending blood-vessel scaffolds from the market four years ago. [Source:...
- Blog posts 2008-10-02
- Healthcare Roundup: Revolution Health Vanishes, Cardinal Health Penalized, and More
- Revolution Health merges with Waterfront Media in $300M deal -- So the rumors were true. Steve Case's once-flashy startup, Revolution Health Network, agreed last week to merge with Waterfront Media, owner of several online-health Web sites, in a $300 million deal. Case will continue to run Revolution LLC, which will...
- Blog posts 2008-10-06
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