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News Breaks
March 19, 2013
05:55 EDTARTC, ARTC, ARTC, ARTC, ARTC, MDT, MDT, MDT, MDT, MDT, MGLN, MGLN, MGLN, MGLN, MGLN, MAKO, MAKO, MAKO, MAKO, MAKO, KYO, KYO, KYO, KYO, KYO, ECL, ECL, ECL, ECL, ECL, COV, COV, COV, COV, COV, CYH, CYH, CYH, CYH, CYH, CFN, CFN, CFN, CFN, CFN, BMTI, BMTI, BMTI, BMTI, BMTI, BAX, BAX, BAX, BAX, BAX, AXGN, AXGN, AXGN, AXGN, AXGN, AUXL, AUXL, AUXL, AUXL, AUXL, OSIR, OSIR, OSIR, OSIR, OSIRAmerican Academy of Orthopaedic Surgeons to host annual meeting
AAOS 2013 Annual Meeting is being held in Chicago on March 19-23.
News For ARTC;AUXL;AXGN;BAX;BMTI;CFN;CYH;COV;ECL;KYO;MAKO;MGLN;MDT;OSIR From The Last 14 Days
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August 28, 2015
07:12 EDTECLWilliam Blair names 21 stocks best positioned for volatile markets
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August 27, 2015
19:20 EDTCFNCareFusion issues recall for Alaris syringe pump
The FDA reported that an error in CareFusion's Alaris syringe pump model 8110 triggers a visual and audible alarm and causes the pump to stop supplying infusion to the patient. "Even when the user clears the error code... the syringe pump does not respond to key presses until the product is detached and reattached to the PC unit used to program, monitor and provide power to the syringe pump. Failure of syringe module may result in a delay or interruption of therapy and can lead to serious patient injury or death," said the report. CareFusion has received 108 reports of the issue occurring. There have been no reports of permanent injury or death. The firm informed customers of the problem in a July 20 letter and indicated the company will contact all affected customers within 60 days to schedule a repair. Reference Link
10:06 EDTBAXHigh option volume stocks
High option volume stocks: GLOG ACI NGD BEAT BAX TTPH STJ FNF SSTK
August 25, 2015
09:26 EDTCYHRBC Capital to hold a bus tour
Healthcare Bus Tour travels throughout Nashville, TN to visit with various healthcare companies on August 25-26.
09:07 EDTMDTMedtronic to acquire Twelve for $458M
In support of the company's therapy innovation strategy, Medtronic announced that it has signed a definitive agreement to acquire Twelve, a medical device company focused on the development of a transcatheter mitral valve replacement, or TMVR device. Twelve is the twelfth company spun out from the premier medical device incubator The Foundry. Medtronic has agreed to pay up to $458M for Twelve including $408M at closing and $50M on achievement of CE Marking. The cash- and debt-free transaction remains subject to customary closing conditions, and is expected to close in October 2015.
07:29 EDTCFNBecton Dickinson acquisition positive, says Stifel
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August 19, 2015
10:06 EDTMGLNMagellan says Iowa contracts generated six month sales of $261.9M
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August 18, 2015
07:57 EDTMGLNMagellan Iowa loss largely priced into shares, says Jefferies
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07:57 EDTMGLNMagellan says Iowa contracts generated six month sales of $261.9M
Magellan Health said last night that it provides behavioral healthcare management and other related services pursuant to contracts with the State of Iowa. The company currently has two contracts: the Iowa Medicaid Contract and Iowa Medicaid Integrated Health Home Provider Agreement. On February 16, the Iowa Department of Human Services released the Iowa High Quality Healthcare Initiative Request for Proposal. The agency originally stated that it intended to contract on a statewide basis with two to four successful bidders with a demonstrated capacity to coordinate care and provide quality outcomes for the Medicaid and Children's Health Insurance Program populations. The program will enroll the majority of the Iowa Medicaid and CHIP populations and will also provide services for individuals qualifying for Iowa Department of Public Health funded substance abuse services. The anticipated start of the contract is January 1, 2016. Magellan was notified yesterday that it was not selected as a winning bidder by the Agency for the Iowa High Quality Healthcare Initiative Request for Proposal, it disclosed in the regulatory filing. The company's existing contracts in Iowa are expected to terminate December 31, 2015 to coincide with the start date of the new initiative. Such contracts generated net revenues of $261.9M for the six months ended June 30, it stated.
August 17, 2015
16:12 EDTMGLNMagellan drops after Iowa picks four others for Medicaid
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15:38 EDTMGLNRumor: Magellan Health weakness attributed to a contract loss
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