Breaking Healthcare News July 3, 2012
- 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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