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Danaher is a conglomerate of companies that have four basic groups. From the website: “Danaher’s business activities encompass four reporting segments and are comprised of seven strategic platforms: Medical Technologies (Life Sciences & Diagnostics and Dental), Professional Instrumentation...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Feb 7 2011
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, DNA, healthcare, Biotech, Business Intelligence, software, Code, Algorithms, Mergers and Acquisitions, data warehouse, Beckman Coulter, Beckman, Danaher
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How much is an algorithm worth? Ask anyone on Wall Street these days and it’s these intangibles (aka Facebook) that seems to be making the news today. Private Equity seems to believe the profits are there as well the banks. In this case the company appears to be changing hands from...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Fri, Jan 7 2011
Filed under:
Filed under: Medically Related, Technology, Other Items of Interest, healthcare, software, Investments, Algorithms, Mergers and Acquisitions, private equity, Norwest Equity, Surgical Information Systems
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The acquisition contains a lot of technology solutions here, if not almost all technology solutions with those algorithms. I guess we are beginning to see this focused everywhere today with modeling physician performance adding additional compensation for the business models. In the text...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Dec 30 2010
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, healthcare, Health IT, McKesson, Cancer, Oncology, Doctors, Patients, Mergers and Acquisitions, US Oncology
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Currently InSite has one of the largest medical image data bases with over 3 million images stored in addition to clinical studies. For those needing PACS storage this is one of the companies that can provide that service. The data bases of Dell and InSite combined will offer storage for...
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Montagne has developed many products with their own intellectual property and has obtained some patents. Zimmer as well as a few other knee and hip manufacturers have come under the scrutiny of Congress with their issues here in the US. As referenced in the article, this division is to primarily...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Dec 21 2010
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, healthcare, China, Orthopedics, Mergers and Acquisitions, hip implant, Zimmer, Beijing Montagne, knee implants
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The short time frame connection was created by MediCity, who was just purchased by Aetna health insurance who is on the path looking for healthcare technology companies to increase profits for the overall company . Providers even without EHRs can now connect and as previously posted, there connections...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Dec 16 2010
Filed under:
Filed under: Medically Related, Technology, healthcare, Medical Records, health insurance, EHR, Aetna, Heatlh IT, Hoag Hospital, Mergers and Acquisitions, Medicity
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The acquisition will stand to add a larger customer base and also until we can get our laws straight here in the US, the world keeps moving right along with stem cell research, use and storage. This really puts us back in the stone age of sorts and if laws need to be changed, then do it. ...
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The average layman is normally not aware of all the processes and transaction charges that are coupled with processing a medical claim. This is a huge profit area with algorithmic formulas that are sold to companies in the business of processing claims in healthcare. As we all have read,...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Wed, Dec 8 2010
Filed under:
Filed under: Medically Related, Technology, Insurance, My Commentaries, healthcare, health insurance, EHR, HHS, Algorithms, Mergers and Acquisitions, Ingenix, transactions, UnitedHealthGroup, Executive Heatlh Resources
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We have here one more effort with health insurance companies seeing the technology end of healthcare as being a profitable move. Again I look and see the tremendous amount of money being spent in this area and wonder eventually how it will all be affordable at some point in time. Other carriers...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Tue, Dec 7 2010
Filed under:
Filed under: Technology, Insurance, healthcare, Medical Records, health insurance, EHR, Aetna, Heatlh IT, Mergers and Acquisitions, Medcity
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The McKesson website has provided a video with both sides discussing the use of evidence based medicine and access to cancer drugs. We are talking web services and information for cancer treatments. It is bringing a lot of information under one website to give support to doctors and patients...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Nov 1 2010
Filed under:
Filed under: Medically Related, Technology, Other Items of Interest, healthcare, Health IT, McKesson, Cancer, Oncology, Doctors, Patients, Mergers and Acquisitions, US Oncology
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We have been reading about acquisitions and now it appears Ingenix (a wholly owned subsidiary of United Healthcare) is selling one arm of their software/analysis resources to a company that has business in the same area. This business would be related to settling medical claims as a result of auto...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Oct 25 2010
Filed under:
Filed under: Technology, Insurance, Other Items of Interest, healthcare, Lawsuit, data bases, Mergers and Acquisitions, Ingenix, Chiropractor, breach of contract, corrupt data base, class action, Mitchell
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This is big purchase and they are perhaps looking to anticipated reduced revenue once generic drugs for Lipitor come on line. We are seeing mergers and acquisitions all over healthcare. Below are some of the leading pain killers from King Pharma and the company also has quite a few other...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Oct 14 2010
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, drugs, healthcare, Pharma, FDA, Pfizer, Mergers and Acquisitions, pain killers, King Pharmaceuticals
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The cost of the purchase will help offset what is perhaps being spent outside the company for research and development with drugs and devices. If a company does not have internal resources it has to outsource and find a company that can provide that the FDA is looking related to regulation. ...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Aug 16 2010
Filed under:
Filed under: Medically Related, Technology, Pharma/FDA News, drugs, healthcare, Medical Devices, Pharma, Medco, Mergers and Acquisitions, Pharmacy Benefit manager, United Biosource Corp
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We all know that electronic medical records lead to better care and in the case of insurers it leads to faster pay and more profits as it’s a known fact and has been stated many times over the years that they are the ones that benefit in the pocket book the most. Patients and doctors benefit with...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Mon, Aug 9 2010
Filed under:
Filed under: Medically Related, Technology, Insurance, healthcare, health insurance, EHR, Aetna, HHS, Algorithms, Mergers and Acquisitions, Ingenix, transactions, UnitedHealthGroup, Executive Heatlh Resources, Athena medical records
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In case you have not heard of this company, they provide physicians for hospitals, in other words doctors that work on staff but are not direct employees of the hospital, contracted instead. In 2008 the company was awarded the Physician Entrepreneur of the year award. This is a public company...
Posted to
The Medical Quack .... by Barbara Duck
by
The Medical Quack
on
Thu, Jul 1 2010
Filed under:
Filed under: Medically Related, Technology, Other Items of Interest, Hospital, Physician, healthcare, Mergers and Acquisitions, Partners, Vanishing Oath, The Hospitalist Company, practice group, Austin Hospital Physicians