HEALTHCARE

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Deficit panel eyes another bite at healthcare

Concern over rising U.S. debt could force lawmakers to take another crack at reining in healthcare costs long before any promised savings from President Barack Obama's sweeping overhaul are realized.

Soaring costs force Canada to reassess health model

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Pressured by an aging population and the need to rein in budget deficits, Canada's provinces are taking tough measures to curb healthcare costs, a trend that could erode the principles of the popular state-funded system.

Systemic manufacturing lapses at J&J unit: FDA

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Last month's recall of Johnson & Johnson's liquid children's medicines provides just the latest evidence of what U.S. health regulators say are systemic quality problems at the healthcare company and its McNeil consumer unit.
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Gentiva to buy Odyssey HealthCare for about $1 billion

Gentiva Health Services Inc agreed to buy Odyssey HealthCare Inc in a $1 billion cash deal, which could make it one of the top players in the U.S. home and hospice care market and spark more consolidation in the space.
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Stocks rally as euro-zone fears wane

U.S. stocks capped their best three-day run in 10 months on Wednesday, lifted by technology and industrial shares after Spain unveiled an austerity plan that reassured investors Europe was addressing its fiscal ills.
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Electronic medical orders may save lives

NEW YORK - Doctors at a California children's hospital have found the first evidence that using an electronic system to communicate their orders may save lives.
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Americans losing confidence in healthcare

(Reuters) - Americans are steadily losing confidence in their ability to get healthcare and pay for it, despite the passage of healthcare reform legislation, according to a survey published on Wednesday.
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Healthcare reform may not be toxic to drugmakers

(Reuters) - U.S. healthcare reform spawned a wave of lowered profit forecasts this week as drugmakers quantified the costs, but the pain should be manageable until the new law starts helping results in 2014.
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Bernanke says prompt action needed on deficit

Federal Reserve Chairman Ben Bernanke said on Tuesday the country's budget deficit is on an unsustainable path and requires near-term action from policymakers to avoid dangerous outcomes.
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Wall Street slips on healthcare, but Apple soars

U.S. stocks slipped on Wednesday as disappointing outlooks from healthcare companies, including Abbott Laboratories , overshadowed stronger-than-expected earnings from Apple Inc and Morgan Stanley .
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Boeing profit beats; outlook cut on healthcare

Boeing Co , the world's second-largest plane maker, reported a higher-than-expected quarterly profit on Wednesday, despite making fewer deliveries as the company held down costs at its commercial airplane division.
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Healthcare stocks drag on Wall Street

U.S. stocks drifted lower on Wednesday on losses by healthcare and energy stocks, offsetting strong gains by blue chips Apple Inc and Morgan Stanley.
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UnitedHealth profit beats but reform cloud lingers

UnitedHealth Group Inc's first-quarter profit soared past Wall Street estimates on strong performance for its array of health plans, but fears that the new reform law will prevent such gains in the future undercut stock gains.
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J&J profit beats forecast, but drug sales slump

Johnson & Johnson on Tuesday reported better-than-expected first-quarter earnings, with strong sales growth of medical devices offsetting revenue declines for its prescription drugs and tepid growth for its array of consumer products.
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Changing old habits could save big on drug costs

(Reuters) - Making simple changes like getting people to take their medicines exactly as directed or to refill their prescriptions on time could save employers and their workers as much as $163 billion a year in healthcare costs, U.S. researchers said on Tuesday.
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Government plans to help the aged with household chores

Old age people are prone to accident risk in their own home. Changes in vision, hearing, muscle strength, co-ordination and reflexes make older people vulnerable to falls; they may fall on a staircase because of poor lighting, sprained their muscles when lifting heavy things or burn themselves while using the kitchen. While these accidents may be small for young people but for the aged, special ai...

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