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Immunotherapy biotech BeneVir Biopharm raises $2 million
Gaithersburg-based BeneVir Biopharm Inc. raised has $2 million, according to documents filed this week with the Securities and Exchange Commission. In the Form D, the company said the offering proceeds will be used for working capital, including payment of salaries and bonuses to executive officers. Officials at the company declined to comment further. BeneVir's majority owner, New York City-based HC2 Holdings Inc. (NYSE:HCHC), has been voca l with analysts in recent months about the progress of… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - November 17, 2017 Category: American Health Authors: Tina Reed Source Type: news

Medtech Employers Need to Keep Pace with Job Market
The medical device and diagnostics industry is a smart place to build a career. Professionals working in the field say they enjoy the work for the chance to pioneer new medical advances, to solve challenges, and to make a positive impact for patients. For the past few years, medtech employees have been able to call the shots, with an abundance of well-paying, meaningful roles and continued growth in the sector. As the trend toward crossover with consumer tech continues and as other industries piles on cool perks, high salaries, and prestige, leading medtech recruiters are urging medtech companies to keep an eye on their ke...
Source: MDDI - November 14, 2017 Category: Medical Devices Authors: Marie Thibault Tags: Medical Device Business Source Type: news

This health-care company is offering $10,000 signing bonuses to nurses in Colorado
Will that be the prescription for filling nursing vacancies? (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 6, 2017 Category: Pharmaceuticals Authors: Chris Larson Source Type: news

Computer says no: why making AIs fair, accountable and transparent is crucial
As powerful AIs proliferate in society, the ability to trace their decisions, challenge them and remove ingrained biases has become a key area of researchIn October, American teachers prevailed in a lawsuit with their school district over a computer program that assessed their performance.The system rated teachers in Houston by comparing their students ’ test scores against state averages. Those with high ratings won praise and even bonuses. Those who fared poorly faced the sack.Continue reading... (Source: Guardian Unlimited Science)
Source: Guardian Unlimited Science - November 5, 2017 Category: Science Authors: Ian Sample Science editor Tags: Artificial intelligence (AI) Science Technology Computing Ethics Source Type: news

Marie Stopes abortion provider 'paid its staff bonuses'
Inspectors found a policy -in place across all 70 Marie Stopes clinics in the UK - whereby staff were told to call women who had decided not to have an abortion, and offer them a new appointment. (Source: the Mail online | Health)
Source: the Mail online | Health - October 20, 2017 Category: Consumer Health News Source Type: news

Physician Employment Contracts: Do Your Benefits Measure Up? Physician Employment Contracts: Do Your Benefits Measure Up?
Employment contracts aren't just about salaries and bonuses--benefits are a crucial component. Are yours fair and competitive?Family Practice Management (Source: Medscape Today Headlines)
Source: Medscape Today Headlines - October 19, 2017 Category: Consumer Health News Tags: Family Medicine/Primary Care Journal Article Source Type: news

Conviction stands for ex-ArthroCare CEO Baker in $750m fraud case
A federal judge Texas this week upheld the conviction of former ArthroCare CEO Michael Baker on eight counts of wire fraud, rejecting his argument citing a recent U.S. Supreme Court case. Baker and ex-ArthroCare CFO Michael Gluk were convicted in June 2014 on charges that they ran a scheme to generate false revenue numbers by dumping inventory, first with a distributor called DiscoCare and eventually via free shipments to end-users. ArthroCare was DiscoCare’s only client until it acquired DiscoCare in December 2007. Although Baker was sentenced to 20 years in prison and Gl...
Source: Mass Device - October 13, 2017 Category: Medical Devices Authors: Brad Perriello Tags: Legal News Wall Street Beat ArthroCare Corp. Source Type: news

Las Vegas Shooter ’s Gambling Draws New Attention to High-Stakes Video Poker
(LAS VEGAS) — Authorities trying to piece together the final days before Stephen Paddock unleashed his arsenal of powerful firearms on country music fans on the Las Vegas Strip have at least one potential trove of information: his gambling habits. Nevada gambling regulators say they’re sorting through documents for clues about him and his girlfriend, Marilou Danley. Those can include suspicious transaction or currency reports, as well as information from a player’s rewards card, which the casinos use to track their gambling and offer perks. Paddock’s brother has described the gunman as a high-stakes...
Source: TIME.com: Top Science and Health Stories - October 5, 2017 Category: Consumer Health News Authors: Gene Johnson, Ken Ritter, Regina Garcia Cano / AP Tags: Uncategorized Las Vegas onetime Source Type: news

The Affordable Care Act Is Being Exploited to Foster Opioid Relapse
As so often happens, a frantic mother called us about her 19-year-old daughter, who I’ll call Jen. A heroin addict, Jen had been shuttled between multiple treatment centers and sober homes by greedy marketers looking to cash in on the teenager’s insurance benefits by keeping her perpetually in recovery, but never sober. As our investigator searched Palm Beach County for Jen, her mother finally reached her by phone. She pleaded with her daughter to leave Florida, to which Jen replied, “Why would I come home? I have all I need here.” In the ensuing months, Jen has become a victim of a vicious cycle kn...
Source: TIME.com: Top Science and Health Stories - September 20, 2017 Category: Consumer Health News Authors: Dave Aronberg Tags: Uncategorized Addiction Affordable Care Act Drugs Health Care Source Type: news

Opportunists Are Exploiting the ACA to Prey on Opioid Addicts
As so often happens, a frantic mother called us about her 19-year-old daughter, who I’ll call Jen. A heroin addict, Jen had been shuttled between multiple treatment centers and sober homes by greedy marketers looking to cash in on the teenager’s insurance benefits by keeping her perpetually in recovery, but never sober. As our investigator searched Palm Beach County for Jen, her mother finally reached her by phone. She pleaded with her daughter to leave Florida, to which Jen replied, “Why would I come home? I have all I need here.” In the ensuing months, Jen has become a victim of a vicious cycle kn...
Source: TIME.com: Top Science and Health Stories - September 20, 2017 Category: Consumer Health News Authors: Dave Aronberg Tags: Uncategorized Addiction Affordable Care Act Drugs Health Care Source Type: news

Physicians Receive Breaks in Medicaid EHR Incentive Program Physicians Receive Breaks in Medicaid EHR Incentive Program
The federal government has made it easier to earn a meaningful-use bonus under Medicaid next year. Those bonuses are available through 2021.Medscape Medical News (Source: Medscape Medical News Headlines)
Source: Medscape Medical News Headlines - August 25, 2017 Category: Consumer Health News Tags: Family Medicine/Primary Care News Source Type: news

Boston law firm accuses ‘disloyal associate’ of secretly taking clients
A new lawsuit from Lubin& Meyer demands that the ex-associate pay back compensation and bonuses he earned at the firm. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - August 8, 2017 Category: Pharmaceuticals Authors: Greg Ryan Source Type: news

Health care CEO take-home pay has flourished under ACA
The CEOs of the nation's top health care companies took home a total of $9.8 billion in compensation in the seven years since the Affordable Care Act became law. That's according to a recent report by Axios. The report analyzed the salaries, bonuses, stocks options, perks and retirement or severance compensation, where relevant, for the CEOs of 70 of the largest health care companies, as reported in U.S. Securities and Exchange Commission filings. The rep ort assessed the actual realized gains from… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - July 26, 2017 Category: Biotechnology Authors: Chris Larson Source Type: news

COUNTDOWN: Ohio's highest-paid health system CEOs
Ohio's highest-paid hospital CEO has again stayed the same, no surprise, while the rest of the top five has seen some changes. Overall, 13 health system chiefs in the state each made more than $1 million in combined salary and bonuses in 2015, according to the statewide analysis of more than two dozen of the state’s largest systems by Columbus Business First. Click on the slideshow for the latest list of the highest-pa id Ohio health system CEOs. All of Ohio’s largest health systems are nonprofits.… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - July 11, 2017 Category: Biotechnology Authors: Carrie Ghose Source Type: news

Managing the Personnel Crisis in EMS
The future of EMS hangs in the balance and few seem to appreciate that the crisis is no longer looming-it's arrived. Over the past several years, we've witnessed the convergence of workforce shortages, decreasing reimbursement, increasing bills associated with EMS transportation and worsening budget constraints which threaten the longevity of this "third" emergency service. We've seen ad after ad for top-tier EMS systems in a perpetual hiring phase. Increased pay, sign-on bonuses and relocation support often help entice prospective paramedics to come to a new home. Why do we continue to struggle to recruit and re...
Source: JEMS Administration and Leadership - July 6, 2017 Category: Emergency Medicine Authors: Mark E.A. Escott, MD, MPH, FACEP Tags: Columns Administration and Leadership Source Type: news

Proposal to Take Back EHR Bonuses Galls Med Societies Proposal to Take Back EHR Bonuses Galls Med Societies
The HHS Inspector General estimates that $729 million was paid over 3 years to clinicians who didn't meet meaningful use requirements. It recommends recouping the money.Medscape Medical News (Source: Medscape Business of Medicine Headlines)
Source: Medscape Business of Medicine Headlines - June 13, 2017 Category: Pharmaceuticals Tags: Family Medicine/Primary Care News Source Type: news

Putting health, wellness in the spotlight with CBJ's Healthiest Employers event (PHOTOS)
These 25 employers are raising the bar when it comes to health and wellness initiatives. Think reduced insurance costs, daily walk breaks, bonuses for having your BMI certified, healthy cafeteria choices, flu shots, on-site health clinics — and even summer office hours. All took center stage as part of the Charlotte Business Journal’s seventh annual Healthiest Employers of Greate r Charlotte Awards& Wellness Expo last Friday at the U.S. National Whitewater Center. “You’re the ones that… (Source: bizjournals.com Health Care News Headlines)
Source: bizjournals.com Health Care News Headlines - June 12, 2017 Category: Health Management Authors: Jennifer Thomas Source Type: news

Putting health, wellness in the spotlight with CBJ's Healthiest Employers event (PHOTOS)
These 25 employers are raising the bar when it comes to health and wellness initiatives. Think reduced insurance costs, daily walk breaks, bonuses for having your BMI certified, healthy cafeteria choices, flu shots, on-site health clinics — and even summer office hours. All took center stage as part of the Charlotte Business Journal’s seventh annual Healthiest Employers of Greate r Charlotte Awards& Wellness Expo last Friday at the U.S. National Whitewater Center. “You’re the ones that… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - June 12, 2017 Category: Biotechnology Authors: Jennifer Thomas Source Type: news

Lessons from Fire Prevention: Why We Can Head Off Disease Without Sacrificing Cure
This insightful and data-filled evidence-based article from the Boston University School of Public Health  illustrates the work EMS can, and should, do to prevent disease where we cannot control curing it: Public health is concerned with creating a healthier world, preferably one where we prevent disease before it starts. This inevitably occasions grappling with our overwhelming investment in medicine and curative care, and arguing for a recalibration of our investment towards the social, economic, and cultural factors that promote health. We can educate people how to reduce their chances of suffering heart attacks, ...
Source: JEMS: Journal of Emergency Medical Services News - June 11, 2017 Category: Emergency Medicine Authors: A.J. Heightman, MPA, EMT P Tags: Training News Source Type: news

Medicare Advantage Groups Request Earlier APM Bonuses Medicare Advantage Groups Request Earlier APM Bonuses
The AMGA, along with other associations, asks CMS to let clinicians who contract with Medicare Advantage plans to qualify for advanced APM payments in 2019.Medscape Medical News (Source: Medscape Medical News Headlines)
Source: Medscape Medical News Headlines - June 7, 2017 Category: Consumer Health News Tags: Family Medicine/Primary Care News Source Type: news

US Employers Add Modest 138K Jobs; Rate at 4.3 Percent
WASHINGTON — U.S. employers pulled back on hiring in May by adding only 138,000 jobs, though the gains were enough to help nudge the unemployment rate down to a 16 year-low. The Labor Department said Friday that the jobless rate fell to 4.3 percent the lowest level since 2001, from 4.4 percent. Still, the rate declined mainly for a less-than-encouraging reason: People stopped looking for work in May and so were no longer counted as unemployed. More: See the full report. The government's report suggested that eight years into the recovery from the Great Recession, job growth may be slowing after a long stretch of...
Source: Arkansas Business - Health Care - June 2, 2017 Category: American Health Source Type: news

A Whistle-Blower Tells of Health Insurers Bilking Medicare
A former executive at UnitedHealth says he was paid bonuses to make patients look sicker than they were, which led to bigger reimbursements. (Source: NYT Health)
Source: NYT Health - May 15, 2017 Category: Consumer Health News Authors: MARY WILLIAMS WALSH Tags: Medicare Health Insurance and Managed Care UnitedHealth Group Inc Benjamin Poehling Source Type: news

How much doctors in NM earn from drug and device companies
Doctors are among the highest-paid professionals in the nation. But not all of the payments they receive come from salary or bonuses. Doctors often receive payments from drug and device companies for their expertise or assistance. Along with the enactment of the Affordable Care Act in 2010 came the Sunshine Act, a provision that requires all pharmaceutical and medical device industry payments to doctors be reported to the Centers for Medicare and Medicaid Services and compiled in a public database. "The… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 2, 2017 Category: American Health Authors: Juliana Vadnais Source Type: news

No bonuses for Novavax following failed RSV vaccine trial
With a brutal blow from a failed RSV vaccine trial for elderly patients, last year wasn't a great one for Gaithersburg-based Novavax. And the compnay's new proxy statement shows a little more about how the company (NASDAQ: NVAX) reacted. The company eliminated cash bonuses last year for all employees, including senior executives, the Securities and Exchange Commission filing shows. Novavax also said senior executives would not r eceive annual salary increases this year and had their 2017 stock option… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - May 1, 2017 Category: Biotechnology Authors: Tina Reed Source Type: news

“We want to further strengthen Bayer”
Acquisition of Monsanto to create substantial additional value / Record sales and earnings in 2016 / Dividend increase to EUR 2.70 per share proposed / Employees to share in the company's success through total bonuses of over EUR 1.4 billion / Successful start to fiscal 2017 (Source: Bayer Company News)
Source: Bayer Company News - April 28, 2017 Category: Pharmaceuticals Source Type: news

Bankrupt Unilife asks judge for $1m in bonuses for top execs
Unilife (NSDQ:UNIS), which filed for Chapter 11 bankruptcy earlier this month, reportedly asked a Delaware bankruptcy court yesterday to approve a “key employee retention plan” that would provide 4 top executives with nearly $1 million in bonuses, contingent upon a successful sale of the company. Unilife added it has already approved the plan with its debtor-in-possession lender. The cash-strapped company owes more than $22 million to Sanofi, Kahle Automation, Morgan Stanley, Hikma Pharmaceuticals and MECO Inc., according to documents that Unilife filed in the U.S. Bankruptcy Court for the D...
Source: Mass Device - April 26, 2017 Category: Medical Equipment Authors: Sarah Faulkner Tags: Drug-Device Combinations Legal News Wall Street Beat Unilife Corp. Source Type: news

Docs made the most, but here are the other highest-paying health care jobs
On Thursday, we took a look at the top 10 paid doctors in a slideshow. Today, we take a look at other health care positions. Data provided to Louisville Business First is of the median pay for health care related positions titles collected in the PayScale.com Salary Survey. The median pay is median annual total cash compensation. Total cash compensation combines base annual salary or hourly wage, bonuses, profit sharin g, tips, commissions and other forms of cash earnings. Nurse anesthetists top… (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - April 14, 2017 Category: American Health Authors: Allison Stines Source Type: news

Living With Cancer: The Haves and Have-Nots of Cancer Care
Prevention and early detection should not be bonuses available only to those who can pay for expensive medical coverage. (Source: NYT Health)
Source: NYT Health - March 30, 2017 Category: Consumer Health News Authors: SUSAN GUBAR Tags: Health Insurance and Managed Care Patient Protection and Affordable Care Act (2010) Breast Cancer Planned Parenthood Federation of America Women and Girls Tests (Medical) Source Type: news

As Cerulean Pharma winds down, executives get a parting gift: bonuses
After multiple trial failures, Waltham-based cancer drug developer Cerulean Pharma is laying off its employees, selling its lead drugs and merging with a San Diego biotech. But the company’s departing top executives are in line to receive bonuses. Cerulean (Nasdaq: CERU) announced on Monday that it will be absorbed by Daré Bioscience through a reverse merger, sell its two lead cancer drugs and its technology platform for a total of just $7.5 million, and lay off 11 of its 19 employees. The remaining… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - March 21, 2017 Category: Biotechnology Authors: Max Stendahl Source Type: news

KenMercy union nurse contract includes raises, bonuses
Registered nurses at Kenmore Mercy Hospital voted last week to ratify a new three-year contract. About 90 percent of the hospital’s nurses supported the agreement, which covers 300 nurses represented by Communications Workers of America Local 1133. According to a summary of the contract highlights, members will see retroactive pay raises, annual wage increases between 1 percent and 3 perce nt, and $155 million in pension fund contributions over the life of the contract. Additionally, nurses will… (Source: bizjournals.com Health Care:Biotechnology headlines)
Source: bizjournals.com Health Care:Biotechnology headlines - February 27, 2017 Category: Biotechnology Authors: Tracey Drury Source Type: news

What do your co-workers really think of you?
Everyday in the workplace, colleagues actively compete for a limited amount of perks, including raises, promotions, bonuses and recognition. But new research shows that, more than often than not, people fall short in determining which co-workers might be trying to edge them out on the job. (Source: ScienceDaily Headlines)
Source: ScienceDaily Headlines - February 22, 2017 Category: Science Source Type: news

What do your co-workers really think of you?
(Washington University in St. Louis) Everyday in the workplace, colleagues actively compete for a limited amount of perks, including raises, promotions, bonuses and recognition. But new research from Washington University in St. Louis shows that, more than often than not, people fall short in determining which co-workers might be trying to edge them out on the job. (Source: EurekAlert! - Social and Behavioral Science)
Source: EurekAlert! - Social and Behavioral Science - February 22, 2017 Category: Global & Universal Source Type: news

Zimbabwe: Unpaid Doctors, Nurses Loot Patients' Donated Rice
[New Zimbabwe] Doctors and nurses at Gwanda Provincial Hospital who last year were heading towards a bleak festive season following Government's failure to award them their salaries and bonuses decided to share five tonnes of rice donated to patients by the Chinese through the Presidential Feeding Scheme programme, NewZimbabwe.com has learnt. (Source: AllAfrica News: Health and Medicine)
Source: AllAfrica News: Health and Medicine - January 27, 2017 Category: African Health Source Type: news

NHS offers paramedics a £10,000 bonus to tackle 999 crisis
Ambulance trusts across the country are offering paramedics sign-on bonuses of up to £10,000 in a desperate attempt to fill gaping vacancy lists - including 'golden hellos' and relocation expenses. (Source: the Mail online | Health)
Source: the Mail online | Health - January 24, 2017 Category: Consumer Health News Source Type: news

Orthofix to pay $14m to settle foreign bribery beef with SEC
The SEC said today that Orthofix (NSDQ:OFIX) has agreed to cough up more than $14 million to settle federal charges that it improperly booked revenue and made improper payments to doctors at government-owned hospitals in Brazil to increase sales. According to the SEC, the Texas-based medical device company improperly recorded some revenue as soon as a product was shipped, even if certain events had to occur first in order to receive payment. The company also immediately recorded revenue when it had provided its customers with significant time extensions to make payments. From 2011 to the 1st quarter of 2013, the compa...
Source: Mass Device - January 18, 2017 Category: Medical Equipment Authors: Sarah Faulkner Tags: Legal News Wall Street Beat Orthofix International Source Type: news

Whole Foods employees sue, claiming they were cheated out of holiday bonuses
(NaturalNews) Nine former Whole Foods managers have filed a class-action lawsuit in federal court against the grocery chain, alleging that they were fired for whistleblowing activities regarding a company bonus program. The plaintiffs say they were cheated out of their shares of the bonus program by the company, and were fired when they complained about... (Source: NaturalNews.com)
Source: NaturalNews.com - December 30, 2016 Category: Consumer Health News Source Type: news

Boss takes 800-plus employees on Caribbean cruise as thank-you for a good year
Most bosses hand out bonuses at year's end. This boss takes you to paradise. (Source: CNN.com - Health)
Source: CNN.com - Health - December 27, 2016 Category: Consumer Health News Source Type: news

Tips on How to Keep Arranged On the Job
Key Variation between Domestic and International Business How to Strengthen Skills for Sixth-Graders Assistance Is the Best Decision for Numerous School Troubles Venture is a crowd providing assignments writing help. Our experts endeavor to provide a superior tutoring to students around the globe. Our writers are known by a great experience in ensuring of numerous college help. Our professionals provide not only school writing, we are engaged in offering on any possible issue. Our objective is to help school leavers and improve their progress in studies and enlighten them ongoing. That is why, making order at our company, ...
Source: EPMonthly.com - December 19, 2016 Category: Emergency Medicine Authors: TJ Hume Tags: Uncategorized Source Type: news

Time to Get Personal
With the performance of the sales force directly linked to the bottom line, ensuring representatives are well-motivated and incentivized is a critical ingredient in any company ’s financial health. Yet, with the huge amount of change reshaping the pharma landscape – from digital to patient-centricity and the pressing focus on value – pressure on sales reps has never been greater.In response, there is a growing concern that the way sales reps are incentivized has the potential to lead to unethical selling practices,as has been seen in several high-profile scandals over recent years. Many companies are look...
Source: EyeForPharma - December 15, 2016 Category: Pharmaceuticals Authors: Dr Nicola Davies Source Type: news

Goodbye SGR, Hello MACRA
How will CMS’s new physician payment policy impact emergency physicians? For nearly twenty years the debate in Washington surrounding physician payment policy revolved around the SGR, or the Sustainable Growth Rate. That all changed last year when Congress passed the Medicare Access and CHIP Reauthorization Act, commonly referred to as “MACRA” in and around the beltway. Many refer to MACRA as the “SGR-fix,” but in reality the legislation has much broader implications. It will not only change reimbursement rates but the entire payment formula and incentives for virtually every physician in the ...
Source: EPMonthly.com - November 25, 2016 Category: Emergency Medicine Authors: Matt McGahen Tags: Uncategorized Source Type: news

Demand for Nurses Rises, Pushing Up Wages, Bonuses
After years of relative equilibrium, the job market for nurses is heating up in many markets, driving up wages and sign-on bonuses for the nation ’s fifth-largest occupation. (Source: WSJ.com: Health)
Source: WSJ.com: Health - November 8, 2016 Category: Pharmaceuticals Tags: FREE Source Type: news

Six Ways to Get More Happiness for Your Money
By Kira M. Newman When we think about spending our money wisely, we usually focus on getting the best value for the lowest price. We comparison shop and download apps to find the latest discounts and deals; we're seduced by the daily special or the limited-time offer. But, for those of us lucky enough to have disposable income, what if we defined wise spending in terms of the happiness that it brings? That's a completely different way of thinking about our purchases, and one that we have little practice in. "Most people don't know the basic scientific facts about happiness--about what brings it and what sustains i...
Source: Healthy Living - The Huffington Post - November 1, 2016 Category: Consumer Health News Source Type: news

Another Trial Shows No Benefit From Fitbits, Even With Cash Bonus Another Trial Shows No Benefit From Fitbits, Even With Cash Bonus
Using activity trackers such as Fitbits may increase exercise levels but have no impact on health outcomes, even when people are given cash bonuses to exercise, suggests a Singaporean study.Medscape Medical News (Source: Medscape Diabetes Headlines)
Source: Medscape Diabetes Headlines - October 6, 2016 Category: Endocrinology Tags: Diabetes & Endocrinology News Source Type: news

Sweetheart of a Deal at UAMS (Gwen Moritz Editor's Note)
I hope you read Senior Editor Mark Friedman’s deep dive last week into the contract between the University of Arkansas for Medical Sciences and a private company called RxResults. If you didn’t, here’s the outline: Along about 2003, the College of Pharmacy at UAMS helped the state Medicaid program save tens of millions of dollars on prescription drugs by developing something called EBRx, the Evidence-Based Prescription Drug Program. This service, really intellectual property that identified lower-cost substitutes for pricey prescriptions, was so successful that self-insured private companies wanted to use...
Source: Arkansas Business - Health Care - October 3, 2016 Category: American Health Source Type: news

The Bonus Effect: One Kind of Interest That Rewards DON'T Kill
For nearly half a century, research has raised troubling questions about the practice of dangling rewards in front of people to get them to do what we want. It doesn't matter whether the people in question are male or female, children or adults. It doesn't matter whether the rewards are stickers, food, grades, or money. It doesn't matter whether the goal is to get them to work harder, learn better, act nicely, or lose weight. What the studies keep telling us is that rewards, like punishments, tend not only to be ineffective -- particularly over the long haul -- but often to undermine the very thing we're trying to promote....
Source: Science - The Huffington Post - September 29, 2016 Category: Science Source Type: news

Evaluators of employees tend to favor financial performance over contributions to corporate ethics
The “balanced scorecard” has emerged in recent decades as a popular workplace tool for appraising and rewarding employee performance. A study finds evaluators using a balanced scorecard tended to award high ratings and bonuses to employees who performed well financially, rather than to those who sco red well in corporate social responsibility. (Source: ScienceDaily Headlines)
Source: ScienceDaily Headlines - September 27, 2016 Category: Science Source Type: news

UAMS Cures RxResults’ One-Sided Contract
The University of Arkansas for Medical Sciences has corrected a contract that for nearly eight years gave a private company the exclusive right to market UAMS’ intellectual property and resulted in no royalty payments for UAMS. The contract originally favored RxResults LLC of Little Rock, which was formed in 2008 to sell something the university’s College of Pharmacy developed: a system for identifying lower-priced substitutes for higher-cost prescription drugs. An executive and minority shareholder of RxResults is Alan Gardner, whose wife, Stephanie, was dean of the College of Pharmacy until mid-2015. Stephani...
Source: Arkansas Business - Health Care - September 26, 2016 Category: American Health Source Type: news

New model of care offers MACRA advantage
Applications are due on Sept. 15 for the Centers for Medicare and Medicaid Services (CMS) five-year primary care medical home model, Comprehensive Primary Care Plus (CPC+). This model builds on experience with an ongoing five-year pilot model by making significant improvements that could help participating physician practices succeed —and it could also help your practice during the upcoming Medicare Access and CHIP Reauthorization Act (MACRA) transition. Under MACRA, physicians can either participate in the new Merit-based Incentive Payment System (MIPS) or an Advanced Alternative Payment Model (APM). Qualifying APM...
Source: AMA Wire - September 7, 2016 Category: Journals (General) Authors: Timothy Smith Source Type: news

" At Your Service " Model to Help Pharma Be More Patient-Focused
In conclusion, Gerow stresses that this model fits a  21st century approach to doing business and the results speak for themselves. He recommends that companies carry out a pilot study to test the model, and is confident that they will find it is valued by doctors, lines up with their mission statements, and has a positive impact on the bottom line. “I f we can get closer to customers and provide something that they value while delivering great medicines to patients,” he asks “how could this not be the model of the future?”To learn more about the role of the service rep, download &nbs...
Source: EyeForPharma - September 6, 2016 Category: Pharmaceuticals Authors: Nicola Davies Source Type: news

Hospital CEO Pay Rises While Americans Drown in Medical Debt
One in five Americans of working age with health insurance struggled to pay their medical bills in the past year, according to a survey by the Kaiser Family Foundation and The New York Times. Among the uninsured, medical debt is an even bigger problem, with more than half reporting difficulty paying off what they owe. But while millions of people face serious financial troubles due to the high cost of healthcare, some hospital CEOs are raking in millions each year in salaries and other benefits. This has prompted a backlash, with groups in some states fighting to cap the salaries of executives at much lower rates. Maki...
Source: Healthy Living - The Huffington Post - August 29, 2016 Category: Consumer Health News Source Type: news