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Industry - Health latest news



Belgian drugmaker UCB to cut 2,000 jobs in restructuring (AFP)
AFP - Belgian pharmaceuticals group UCB plans to cut its headcount by 2,000 -- 17 percent of its worldwide staff -- as part of a restructuring, the company said Thursday.
yahoo.com Thursday, August 28, 2008

Report: WellCare, United, Amerigroup pull out of Florida Medicaid pilot
Three managed care companies that provide coverage for nearly two-thirds of the enrollees in Florida’s Medicaid reform pilot program are ending participation in the program, according to Florida Health News. (WCG) (AGP) (UNH)
bizjournals Thursday, August 28, 2008

ER Urgent Care Centers: ER Urgent Care Holdings, Inc.'s Board of Directors Authorizes Its Officers and Directors to Exchange Over 1,000,000,000 Shares of Common Stock for Preferred
MIAMI, FL (MARKET WIRE) ER Urgent Care Holdings, Inc. (PINKSHEETS: ERUC) is pleased to announce that the members of Company's Board of Directors, its officers, employees and other affiliated and related persons have pledged to exchange over 1,000,000,000 shares of common stock for shares of Series B Preferred as part of the previously announced Preferred for Common Stock exchange program. ER Urgent Care Holdings, Inc. is offering stockholders the right to exchange the Company's Common Stock for shares of Series B Preferred Stock, on the basis of one share of the Series B, valued at $1.00 per share for each 1,000
Marketwire.com Thursday, August 28, 2008

MediSolution Ltd.: MediSolution Announces Closing of Sale of Healthcare Information Systems Division
MONTREAL, QUEBEC (MARKET WIRE) MediSolution Ltd. (TSX: MSH) announced today that it has completed the sale of substantially all of its Healthcare Information systems division including its revenue cycle management product (formerly known as MediAR) to a wholly-owned subsidiary of Healthvision Solutions, Inc. On closing, the company received $36,959,265 in cash, which is the base purchase price of $49,500,000 less the deferred portion of the purchase price, and less an adjustment based on estimated working capital, including annual support billings. The deferred portion of the purchase price is equivalent to ten percent of
Marketwire.com Thursday, August 28, 2008

Healthation, Inc.: Healthation Appoints New Vice President, Human Resources
DARIEN, IL (MARKET WIRE) Healthation announced Deborah Reinhard is the new Vice president of Human Resources. Ms. Reinhard brings to Healthation over twenty years of experience in the Human Resources field.
Marketwire.com Thursday, August 28, 2008

Former federal, state official named All-Med CEO
All-Med Services of Florida named Ruben Jose King-Shaw Jr. chief executive officer of All-Med Services of Florida and Clinical Medical Services, the company's Puerto Rico-based operations.
bizjournals Thursday, August 28, 2008

Outsource Group acquires Healthcare Resource Associates
The Outsource Group made its fourth acquisition in just over a year with its purchase of Healthcare Resource Associates Inc. (HRA) for an undisclosed amount.
bizjournals Thursday, August 28, 2008

WellCare director Ruben King-Shaw named to top job at All-Med Services
Ruben Jose King-Shaw Jr. was named chief executive of All-Med Services of Florida and Clinical Medical Services, the company’s Puerto-Rico-based operations. (WCG)
bizjournals Thursday, August 28, 2008

DCH board approves $114M trim from Medicaid and PeachCare budget
The Georgia Board of Community Health on Thursday recommended a series of cuts that would trim $113.8 million annually from the state’s Medicaid and Peach Care budget in fiscal 2009 and fiscal 2010.
bizjournals Thursday, August 28, 2008

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