Health news and health widget

Health care fraud may be one of the biggest factors driving up health care costs, to the tune of billions of dollars, new research indicates.

A 2-year-old federal exemption is boosting West Penn Allegheny Health System’s bottom line at a time when the region’s second-largest health care system struggles with revenue accounting problems.

All of us have played a role in making our health care system more expensive and less efficient than it should be, and it will take all of us to fix it.

Using a Web site similar to eBay, Aurora Health Care has found a way to profit from getting rid of outdated medical equipment — and keep the devices from premature burial in landfills.

Palo Alto residents Elliott and Betty Bolter, ages 84 and 85, respectively, are two of the longest-living and longest-running patients served by what is known today as the Palo Alto Medical Foundation. They live near one of the foundation’s original clinics, on the corner of Homer Avenue and Bryant Street, which later became known as the Roth Building.

With a mid-October completion date circled on the calendar, clinic administrator Ryan Dusek has kept a close eye on the progress of the $3.5 million facility that will be home to the Wichita Family Medicine Specialists.

While much of the real estate market has turned sluggish, demographics are driving a healthy demand for medical space.

KV Pharmaceutical Co. is awaiting an October deadline for federal approval of a drug anticipated to boost company revenue while combating a national health epidemic — preterm births.

AFP - Japan's Shionogi & Co. said Monday that it plans to buy Sciele Pharma Inc. of the United States at a cost of 1.42 billion dollars, the latest foray by a Japanese drugmaker into foreign territory.

BAGSVAERD, DENMARK (MARKET WIRE) Novo Nordisk A/S - Share repurchase programme