Category: Service Provider
Service Provider
Athenahealth Inc. restates its financial results going back to 2005 as fourth-quarter and full-year 2009 profits slide.
A change in the way it accounts for revenues forced Athenahealth Inc. (NSDQ:ATHN) to restate its financial results dating back to 2005, as it posted full-year and fourth-quarter declines in net income.
The Watertown, Mass.-based physician practice software provider posted net income of $4.3 million, or 12 cents per diluted share, during the three months ended Dec. 31, 2009, down 83.9 percent compared with $26.8 million (77 cents per share) during Q4 2008. Revenues for the quarter rose 33.4 percent to $54.4 million, compared with $40.8 million during the last three months of 2008.
Spinal implants are tested according to several ASTM standards. ASTM F1717 is intended to provide a basis for the mechanical comparison among past, present and future spinal implant assemblies. Three static and one fatigue mechanical test of a spinal construct are governed by ASTM F1717. The three static tests are compression bending, tension bending and torsion. The fatigue test is a compression bending test.
The process of naming — whether it's a new baby, a new product or a new company — can be fraught with conflict. Here are five simple suggestions to follow when brainstorming a new name.
Any parent can tell you the first rule of naming: Don’t blab your names to the whole world. It’s one of those lessons you learn the hard way. For example, when my wife was pregnant with our first child, I made the mistake of floating one of our top contenders past my father-in-law. “Ava?” he scoffed. “Ava Gardner was such a tramp.” Good thing we also loved the name Lucy.
Improving medical device safety from pre-review to post-market.
It pays to remember an old adage: "Better to be safe than sorry." Indeed, many medical device manufacturers are re-evaluating their quality systems as a result of the Food & Drug Administration's recent review of pre-market notifications and a FY 2011 budget request for additional funds to address product safety. Device makers should heed this advice and take the necessary steps to pro-actively — rather than reactively — address compliance issues.
St. Louis-based Express Scripts is set to launch a national pilot for Vitality’s GlowCap pill reminder device; Kaiser CMIO on mHealth opportunity; Aetna offers SMS, apps, mobile web services; and Epocrates CTO, CMO talk EHRs.
Express Scripts inks pilot deal for GlowCap St. Louis-based pharmacy benefit manager Express Scripts is set to launch a national pilot for Vitality's GlowCap pill reminder device. Express Scripts plans to begin a small version of the pilot in about a month's time and will launch a larger trial focused on drugs related to cholesterol, diabetes, high blood pressure and heart failure during the summer months. Express Scripts notes that while the trial's purpose is to determine the efficacy of GlowCap's reminder service, the companies are also eager to learn more about how patients take medication and why they fail to take it at times.
Biocell Center Corp. and the Caritas Christi Health Care network of hospitals launch a program to preserve stem cells from amniotic fluid.
Biocell Center Corp. and Caritas Christi Health Care inked a deal to start a cryopreservation service for amniotic fluid stem cells.
The Italian biotech firm, which has its U.S. headquarters in Medford, Mass., and New England's largest community hospital network will use Biocell's method of preserving stem cells obtained during routine second-trimester amniocentesis procedures. The mesenchymal stem cells can be stored for decades and are believed to hold the key to treating or even eventually curing a raft of diseases. Parents can opt to preserve the cells for use in the event of future illness for themselves or their children.
Congress has demonstrated that it is incapable of designing policies to reform healthcare reimbursement and it doesn't have the political courage to set standards and allow the incentives created by those standards to force change.
Three health care reimbursement developments of interest in the last few days:
