On November 28th, Colorado Governor, Bill Ritter and the Colorado Hospital Association recently released the 2007 Colorado Hospital Report Card.The report card gives consumers the ability to choose a hospital based on both the quality and the patient's needs. The House Bill 2006-1278 was passed in early 2007, which made detailed reports on Colorado hospitals available to the public online. All...
Numerous hospice providers nationwide are facing financial problems due to their patients living longer than expected. You would assume this would obviously be a positive development, yet the effects on hospices' aren't.Over the last eight years, the federal government has had to demand that hospices exceeding reimbursement limits repay hundreds of millions of dollars to Medicare.A 2006 report...
The American Association for Justice recently released a report on insurance companies and the analysis of how they handled Hurricane Katrina. It's been over two years since the catastrophic Hurricane Katrina hit the Gulf Coast. Hurricane Katrina caused more than $135 billion in damages and left many people homeless and unemployed while insurance companies collected more than $40 billion the...
It's been since 2004 that Merck & Co., one of the largest pharmaceutical companies in the world, has taken the pain medication Vioxx off of the shelves. Finally, on November 9th, Merck settled the numerous Vioxx lawsuits with agreeing to pay $4.85 billion. It appears that the Vioxx manufacturer finally recognized, after obtaining mixed results in the early Vioxx cases it forced to trial, that a...
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