Dec. 13, 2010 at 2:12 p.m.
Filed under:
Health care
By Associated Press
A federal judge declared the foundation of President Barack Obama’s health care law unconstitutional Monday, ruling that the government cannot require Americans to purchase insurance. The case is expected to end up at the Supreme Court.
In his order, U.S. District Judge Henry E. Hudson said he will allow the law to remain in effect while appeals are heard, meaning there is unlikely to be any immediate impact on other provisions that have already taken effect. The insurance coverage mandate is not scheduled to begin until 2014.
Dec. 13, 2010 at 10:52 a.m.
Filed under:
Health care
By Bruce Japsen
The parent of Loyola University Medical Center in west suburban Maywood wants to partner with another Catholic-owned medical-care provider, the large academic medical center confirmed this morning.
Dr. Paul Whelton told Loyola University Health System employees in a memo Friday that Loyola would “explore options .. from a position of strength” and Catholic medical-care providers would be part of its partnership discussions. The Tribune last week confirmed Loyola was evaluating whether to merge with another health care system. Get the full story »
Dec. 13, 2010 at 7:45 a.m.
Filed under:
Airlines,
Associations/Clubs,
Health care
By Associated Press
William Hamman watches data on a computer as he supervises doctors during a cardiology simulation. (AP/Gregory Smith)
He seemed like Superman, able to guide jumbo jets through perilous skies and tiny tubes through blocked arteries. As a cardiologist and United Airlines captain, William Hamman taught doctors and pilots ways to keep hearts and planes from crashing.
He shared millions in grants, had university and hospital posts, and bragged of work for prestigious medical groups. An Associated Press story featured him leading a teamwork training session at an American College of Cardiology convention last spring.
But it turns out Hamman isn’t a cardiologist or even a doctor. The AP found he had no medical residency, fellowship, doctoral degree or the 15 years of clinical experience he claimed. He attended medical school for a few years but withdrew and didn’t graduate. Get the full story »
Dec. 10, 2010 at 10:50 a.m.
Filed under:
Health care,
Manufacturing
From the Peoria Journal Star | Caterpillar CEO Doug Oberhelman said Friday that he had a health scare more than two years ago, and is now going public with his health issues to influence others — including within Caterpillar — to manage their health.
Dec. 9, 2010 at 2:00 p.m.
Filed under:
Health care,
M&A
By Bruce Japsen
Loyola University Health System, parent of Loyola University Medical Center in west suburban Maywood, is evaluating whether to merge with another health care system, according to sources close to the west suburban teaching hospital.
Reached this afternoon, medical center executives issued a statement saying details of their discussions are confidential. The Catholic hospital, located in west suburban Maywood, is one of five large academic medical centers in the Chicago area. Get the full story »
Dec. 9, 2010 at 10:05 a.m.
Filed under:
Commercial real estate,
Health care,
Real estate
By Bruce Japsen
Children's Memorial Hospital, pictured here in Lincoln Park, is relocating to Streeterville, around Northwestern Memorial Hospital. (E. Jason Wambsgans/Chicago Tribune)
Children’s Memorial Hospital said Thursday that it is studying whether its property up for sale in Lincoln Park could “qualify as a Tax Increment Financing district.”
Setting up the six-acred property that is for sale at Fullerton Parkway and Lincoln Avenue would result in the allocation of “future increases in property taxes from a designated area to pay for improvements within that area,” officials from Children’s said. “The program typically lasts up to 23 years after the creation of the TIF district.” Get the full story »
Dec. 1, 2010 at 4:02 p.m.
Filed under:
Health care,
Pharmaceuticals
By Associated Press
A panel of federal health experts unanimously rejected the use of Merck’s Proscar to prevent prostate cancer, saying the drug could actually raise the risk of the most serious types of tumors. Get the full story »
Nov. 30, 2010 at 7:29 a.m.
Filed under:
Food,
Health care,
Insurance,
Restaurants
By Dow Jones Newswires-Wall Street Journal
A congressional committee is widening its investigation of bare-bones health-insurance policies to encompass potentially hundreds of plans offered by low-wage employers.
What started as a probe into McDonald’s Corp.’s insurance plan for store workers is expanding into broad scrutiny of “mini-med” policies that could ensnare large mini-med carriers including Aetna Inc. and Cigna Corp. Get the full story »
Nov. 29, 2010 at 1:53 p.m.
Filed under:
Government,
Health care
By Associated Press
Congress has agreed to a one-month delay in Medicare payment cuts to doctors, giving a short-term reprieve to a looming crisis over treatment of the nation’s elderly.
Get the full story »
Nov. 26, 2010 at 1:43 p.m.
Filed under:
Energy,
Health care,
Transportation
By Associated Press
FedEx is searching for radioactive rods used for medical equipment that went missing during shipment between North Dakota and Tennessee.
Get the full story »
By Reuters
Web sites offering a sense of community to people with diseases or ailments often are created by marketers who fail to disclose that they are sharing data about the users, a complaint filed with U.S. regulators charged on Tuesday.
Four pro-privacy groups filed a complaint with the Federal Trade Commission, detailing a number of techniques marketers use to identify potential purchasers of particular medications. Get the full story »
Nov. 23, 2010 at 10:10 a.m.
Filed under:
Health care,
Pharmaceuticals
By Associated Press
Scientists have found that a pill used to treat HIV infection turns out to be a powerful weapon in protecting healthy gay men from catching the virus, according to a global study.
Daily doses of Truvada cut the risk of infection by 44 percent when given with condoms, counseling and other prevention services. Men who took their pills most faithfully had even more protection, up to 73 percent. Get the full story »
Nov. 22, 2010 at 11:43 a.m.
Filed under:
Government,
Health care,
Insurance
By Reuters
New U.S. health insurance spending rules aimed at ensuring more customer dollars go toward medical care were finalized on Monday, ending a source of uncertainty for investors in the sector.
Though the limits are mandated in the new health care law, insurers such as Aetna Inc. and WellPoint Inc. did win some concessions from the U.S. government surrounding implementation of the rules and shares of health insurers mostly rose. Get the full story »
Nov. 22, 2010 at 11:01 a.m.
Filed under:
Health care
By Associated Press
Health insurer Humana Inc. plans its first broad foray into health care delivery in nearly two decades with its intended purchase of Concentra Inc. in an approximately $790 million cash deal announced Monday. Get the full story »
Nov. 17, 2010 at 8:16 a.m.
Filed under:
Health care,
International
By Bruce Japsen
The Cork Medical Centre. (Handout)
A Chicago-area family has opened a third hospital in Ireland, bringing the first new private inpatient health facility to the town of Cork in 90 years.
A spokesman for Sheehan Medical, which has offices in Dublin and Winfield, a western suburb of Chicago, said the facility includes 75 private rooms and will employ 525 people. It cost more than 90 million euros. The group is run by James Sheehan and his father, Loyola University orthopedic surgeon Dr. Joseph Sheehan. Sheehan Medical already owns hospitals in Blackrock and Galway, Ireland. Get the full story »
