American Medical Systems’ outlook cut to negative on Laserscope…

The News Review:

- American Medical Systems’ outlook cut to negative on Laserscope…
- Study: Medical product industry plays major role in Tampa Bay
- Medical Teams International volunteers to help in Bangladesh
- Medical user-fee motion vote narrowly fails
- Blood bank appoints new associate medical director
- Doctors try new word: Sorry.
- Sixty percent of private companies offer medical plans.

American Medical Systems’ outlook cut to negative on Laserscope…
Forbes – Aug 23, 2007
‘The outlook change reflects our increased concern relating to the operations of Laserscope a urological device maker acquired in July 2006 for more than 700 mln usd’ S&P’s credit analyst Cheryl Richer said. The ‘BB-’ rating reflects the group’s leveraged financial profile as a result of its debt-financed acquisition of Laserscope the challenge of integrating this large acquisition and its narrow medical focus the ratings agency added.

Study: Medical product industry plays major role in Tampa Bay
Bizjournals.com – Aug 23, 2007
The medical products industry in Tampa Bay contributes $3. 4 billion in direct economic impact according to a new study commissioned by the Florida Medical Manufacturers Consortium with help from the. The study sought to quantify the economic impact of the medical products industry in Tampa Bay and in Florida.

Medical Teams International volunteers to help in Bangladesh
Reuters AlertNet – Aug 23, 2007
orgReuters and AlertNet are not responsible for the content of this article or for any external internet sites. The views expressed are the author’s alone. 0 article title end –>. 0 article header –>.

Medical user-fee motion vote narrowly fails
Canada.com – Aug 23, 2007
inc –>Medical user-fee motion vote narrowly failsPamela Fayerman CanWest News Service; Vancouver SunPublished: Thursday August 23 2007VANCUVER — The deep divide in the medical profession about charging patients for their health care came into sharp focus Tuesday when doctors narrowly defeated a controversial user-fee motion at the annual Canadian Medical Association meeting. The motion which proposed that patients should help fund their care with “co-payments and health savings accounts” drew support from 48 per cent of voting doctors. Fifty per cent were opposed and two per cent abstained.

Blood bank appoints new associate medical director
Bizjournals.com – Aug 23, 2007
Beddard had been the part-time medical director of the center's Texas Cord Blood Bank since June 2005 where she provided medical oversight to the operation. Blood & Tissue Center President CE and Medical Director Norman Kalmin made the announcement on Thursday. "We are experiencing tremendous growth adding new blood collection sites and expanding all our services to meet the growing health care needs of our communities" Kalmin says. Beddard has provided medical guidance for our cord blood program and we look forward to her sharing knowledge in other services of this organization.

Doctors try new word: Sorry.
Free with registration – Chicago Tribune – AccessMyLibrary.com – Aug 23, 2007
(23-AUG-07) Chicago Tribune (Chicago IL). He was there to admit a medical mistake and apologize to his patient a woman with breast canc… “This is our responsibility and we are very sorry for it” Mehta said recalling the conversation. Not long ago this encounter would have been almost unthinkable. Medical foul-ups were rarely discussed among physicians and almost never acknowledged to patients. Doctors were too proud too afraid of malpractice lawsuits too worried about losing face. But the culture of secrecy in medicine is beginning to change as leading patient safety organizations call for fuller disclosure of medical errors and some trend-setting hospitals decide an “honesty is best” policy will improve care. Advocates say acknowledging medical errors can advance healing by defusing patients’ anger and easing physicians’ guilt especially when accompanied by an apology. Some also contend the practice can cut back on malpractice lawsuits and payouts though with the movement in its infancy it’s too soon to know for sure.

Sixty percent of private companies offer medical plans.
Free with registration – Kansas City Star – AccessMyLibrary.com – Aug 23, 2007
(23-AUG-07) Kansas City Star (Kansas City M). 23–Sixty percent of private industry establishments offered medical care benefits to their workers this year the U. Bureau of Labor Statistics reported Wednesday.

Written by admin on August 23rd, 2007 with no comments.
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