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Breaking Healthcare News July 3, 2012
Today’s Healthcare Headlines:
- GlaxoSmithKline agrees to pay $3 billion in largest U.S. healthcare fraud settlement
In the largest-ever fraud settlement in U.S. history, GlaxoSmithKline has agreed to pay $3 billion in settlements and to plead guilty to criminal charges related to its branding, safety disclosures and price reporting of several drugs.
- HealthStream buys Decision Critical
HealthStream, a Nashville-based human-resources software developer for the healthcare industry, has purchased Austin, Texas-based software maker Decision Critical.
- Researchers find higher costs for medical homes
Healthcare payment reform is needed for the patient-centered medical-home model to be sustainable, according to a report published online by the Journal of the American Medical…
- CHS announces another acquisition in Pa.
Community Health Systems, Franklin, Tenn., announced its third acquisition in Pennsylvania in a little more than a year. The for-profit hospital operator closed on a deal to acquire Memorial Health Systems, York, Pa.
- Antibiotic use, resistance tied: study
Large-scale seasonal prescribing of antibiotics can lead to significant resistance for some pathogens, according to a study published in the journal Clinical Infectious Diseases.
- Restora buys LTAC operator Trillium
Restora Healthcare, Atlanta, has purchased Trillium Specialty Hospital, operator of two long-term acute-care facilities and two transitional-care units in Arizona.
- Methodist Health System plans to build $120 million hospital
Five-hospital Methodist Health System, Dallas, approved the construction of a $120 million 125-bed acute-care hospital in Richardson, Texas, with its existing 147-bed Methodist Richardson Medical Center eventually no longer accepting acute-care…
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So the big Restora Healthcare outfit bought up the Trillium specialty hospital in Arizona.It brags about the upscale health care it will provide for it’s patience, but at what a cost to the people they laid off who put in many years working for trillium hospitals. Some of them close to retirement , but now finding themselves loosing everything they worked for. Obviously the big swelled heads of Restora’s management team don’t care about their health or lives, as long as they retain their well paid positions. Hope they can sleep at night knowing they just pulled the rug out from under some hard working people.I just personally wounder if companies like this can be trusted in providing quality care for others when they can easily and mallisciously terminate people like that. “Shame on you!”