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All rights reserved. http://news.yahoo.com/i/2168 business Business - Health Care Industry en-us Tue, 09 Feb 2010 23:12:05 GMT 5 142 18 http://news.yahoo.com/i/2168 http://l.yimg.com/a/i/us/nws/th/main_142c.gif http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_earns_ims_health ap/20100209/us_earns_ims_health AP business Tue, 09 Feb 2010 23:12:05 GMT AP - IMS Health Inc., which provides market data to pharmaceutical and health care companies, said Tuesday its fourth-quarter profit shrank 27 percent as rising expenses and restructuring charges failed to offset higher revenue. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ibd/20100209/bs_ibd_ibd/20100209newamer ibd/20100209/20100209newamer Investor's Business Daily business Tue, 09 Feb 2010 22:29:31 GMT Investor's Business Daily - Retired teachers in Michigan and their families are just the latest catalyst. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/in_cvs_pharmacists__licenses ap/20100209/in_cvs_pharmacists__licenses AP business Tue, 09 Feb 2010 22:25:11 GMT AP - Pharmacy giant CVS will pay $1.95 million and verify that all of its pharmacists are licensed in Indiana to settle a state complaint that pharmacists with expired licenses dispensed prescriptions for several years at two of its drugstores, the state attorney general's office said Tuesday. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_health_insurer_rate_hike ap/20100209/us_health_insurer_rate_hike AP business Tue, 09 Feb 2010 22:58:10 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_health_insurer_rate_hike"><img src="http://d.yimg.com/a/p/ap/20100208/capt.3b4b880d24df46a4bbee78dfc117b6eb.health_insurer_rate_hikes_nybz160.jpg?x=112&y=130&q=85&sig=l33Xz16.QNVWlZNh8s.zqA--" align="left" height="130" width="112" alt="FILE - In this Feb. 4, 2010 file photo, Health and Human Services Secretary Kathleen Sebelius testifies on Capitol Hill in Washington. In a letter to the president of Anthem Blue Cross, Health and Human Services Secretary Kathleen Sebelius said Monday, Feb. 8, 2010, she was very disturbed to learn of the planned increases, calling them 'extraordinary.' She said they were hard to understand in light of the profitability of Anthem's parent company, WellPoint Inc.(AP Photo/Manuel Balce Cenetafile)" border="0" /></a>AP - For the second time this week, President Barack Obama has pointed to one health insurer's major rate hike in California as a doomy harbinger of rising premiums across America.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_health_insurer_rate_hike"><img src="http://d.yimg.com/a/p/ap/20100208/capt.3b4b880d24df46a4bbee78dfc117b6eb.health_insurer_rate_hikes_nybz160.jpg?x=112&y=130&q=85&sig=l33Xz16.QNVWlZNh8s.zqA--" align="left" height="130" width="112" alt="photo" title="FILE - In this Feb. 4, 2010 file photo, Health and Human Services Secretary Kathleen Sebelius testifies on Capitol Hill in Washington. In a letter to the president of Anthem Blue Cross, Health and Human Services Secretary Kathleen Sebelius said Monday, Feb. 8, 2010, she was very disturbed to learn of the planned increases, calling them 'extraordinary.' She said they were hard to understand in light of the profitability of Anthem's parent company, WellPoint Inc.(AP Photo/Manuel Balce Cenetafile)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_earns_triple_s ap/20100209/us_earns_triple_s AP business Tue, 09 Feb 2010 20:20:10 GMT AP - Triple-S Management Corp., Puerto Rico's largest managed-care company, reported on Tuesday that its profit grew in the fourth quarter as membership grew in its health plans and it recorded some one-time items. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_earns_ligand_pharma ap/20100209/us_earns_ligand_pharma AP business Tue, 09 Feb 2010 18:11:44 GMT AP - Ligand Pharmaceuticals Inc. said Tuesday it turned a profit in the fourth quarter, compared with a year ago when it booked a hefty acquisition-related charge. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100209/ap_on_bi_ge/us_crestor_expanded_approval ap/20100209/us_crestor_expanded_approval AP business Tue, 09 Feb 2010 00:02:16 GMT AP - Federal regulators have granted AstraZeneca approval to market its cholesterol pill Crestor as a preventive measure against heart attack and stroke in patients with healthy cholesterol levels. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_charles_river_laboratories ap/20100208/us_earns_charles_river_laboratories AP business Mon, 08 Feb 2010 22:53:38 GMT AP - Medical research equipment and services company Charles River Laboratories International Inc. reported a fourth-quarter on lower charges Monday, but revenue fell on weak demand from pharmaceutical and biotech companies. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/afp/20100208/pl_afp/healthusinsuranceeconomy afp/20100208/healthusinsuranceeconomy AFP politics Mon, 08 Feb 2010 21:53:23 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/afp/20100208/pl_afp/healthusinsuranceeconomy"><img src="http://d.yimg.com/a/p/afp/20100208/capt.photo_1265665957458-1-0.jpg?x=130&y=81&q=85&sig=vJXDbqMOnvmMq2ZZqczM1w--" align="left" height="81" width="130" alt="US Secretary of Health and Human Services Kathleen Sebelius, seen here in January 2010, called on Monday on a health insurance company to publicly explain why it raised premiums for some customers by 39 percent.(AFP/Getty Images/File/Alex Wong)" border="0" /></a>AFP - US Health Secretary Kathleen Sebelius on Monday called on a health insurance company to publicly explain why it raised premiums for some customers by 39 percent.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/afp/20100208/pl_afp/healthusinsuranceeconomy"><img src="http://d.yimg.com/a/p/afp/20100208/capt.photo_1265665957458-1-0.jpg?x=130&y=81&q=85&sig=vJXDbqMOnvmMq2ZZqczM1w--" align="left" height="81" width="130" alt="photo" title="US Secretary of Health and Human Services Kathleen Sebelius, seen here in January 2010, called on Monday on a health insurance company to publicly explain why it raised premiums for some customers by 39 percent.(AFP/Getty Images/File/Alex Wong)" border="0"/></a></p><br clear="all"/> (AFP) http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_eli_lilly_executive_compensation ap/20100208/us_eli_lilly_executive_compensation AP business Mon, 08 Feb 2010 21:50:43 GMT AP - Eli Lilly and Co. CEO John Lechleiter received a compensation package valued at $16.4 million for 2009, up 54 percent from 2008, the year he became the drug maker's chief executive, according to an Associated Press calculation of figures disclosed Monday in a regulatory filing. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/nm/20100208/bs_nm/us_cvscaremark nm/20100208/us_cvscaremark Reuters business Mon, 08 Feb 2010 19:33:23 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/nm/20100208/bs_nm/us_cvscaremark"><img src="http://d.yimg.com/a/p/rids/20100208/i/r1785292345.jpg?x=91&y=130&q=85&sig=pEayJzOX8DUILET8gILlhQ--" align="left" height="130" width="91" alt="A pedestrian walks past a CVS drugstore in Boston, Massachusetts November 1, 2006. REUTERS/Brian Snyder" border="0" /></a>Reuters - CVS Caremark Corp said recent problems at its pharmacy benefits management unit have been corrected and it posted a slightly better-than-expected rise in quarterly profit as its drugstore bested its rivals, driving the company's shares up as much as 8.8 percent.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/nm/20100208/bs_nm/us_cvscaremark"><img src="http://d.yimg.com/a/p/rids/20100208/i/r1785292345.jpg?x=91&y=130&q=85&sig=pEayJzOX8DUILET8gILlhQ--" align="left" height="130" width="91" alt="photo" title="A pedestrian walks past a CVS drugstore in Boston, Massachusetts November 1, 2006. REUTERS/Brian Snyder" border="0"/></a></p><br clear="all"/> (Reuters) http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_cvs_caremark ap/20100208/us_earns_cvs_caremark AP business Mon, 08 Feb 2010 17:29:42 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_cvs_caremark"><img src="http://d.yimg.com/a/p/ap/20100208/capt.b713da34a64c4f54afe67eda11c190e3.earns_cvs_caremark_nybz148.jpg?x=130&y=92&q=85&sig=JSocbcdM2cbpYZ4rje_RNA--" align="left" height="92" width="130" alt="FILE - In this Aug. 3, 2006 file photo, customers take advantage of the drive through pharmacy window outside a CVS drug store in a Bainbridge Twp., Ohio. CVS Caremark Corp. said Monday, Feb. 8, 2010, its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business, which has lost billions in contracts for the new year.(AP Photo/Amy Sancetta, File)" border="0" /></a>AP - CVS Caremark Corp., one of the nation's biggest drugstore operators, said Monday its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100208/ap_on_bi_ge/us_earns_cvs_caremark"><img src="http://d.yimg.com/a/p/ap/20100208/capt.b713da34a64c4f54afe67eda11c190e3.earns_cvs_caremark_nybz148.jpg?x=130&y=92&q=85&sig=JSocbcdM2cbpYZ4rje_RNA--" align="left" height="92" width="130" alt="photo" title="FILE - In this Aug. 3, 2006 file photo, customers take advantage of the drive through pharmacy window outside a CVS drug store in a Bainbridge Twp., Ohio. CVS Caremark Corp. said Monday, Feb. 8, 2010, its profit rose 11 percent in the fourth quarter as results improved for its pharmacy benefits management business, which has lost billions in contracts for the new year.(AP Photo/Amy Sancetta, File)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_earns_aetna ap/20100205/us_earns_aetna AP business Fri, 05 Feb 2010 16:50:53 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_earns_aetna"><img src="http://d.yimg.com/a/p/ap/20100205/capt.6567e4cb7edb4dd9a13b4f62142f853c.earns_aetna_nybz140.jpg?x=77&y=130&q=85&sig=tboeQNzofcCZH3V3vqh1UQ--" align="left" height="130" width="77" alt="FILE - In this Feb. 8, 2007 file photo, a pedestrian, bundled up against frigid winter temperatures, walks past Health insurer Aetna Inc. said Friday, Feb. 6, 2010, its fourth-quarter profit fell 15 percent, as it continued to struggle with rising medical costs, which hurt its performance every quarter last year.(AP Photo/Bob Child, file)" border="0" /></a>AP - Aetna Inc. said its fourth-quarter profit fell 15 percent, as it continued to struggle with rising medical costs that hurt its performance throughout 2009.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_earns_aetna"><img src="http://d.yimg.com/a/p/ap/20100205/capt.6567e4cb7edb4dd9a13b4f62142f853c.earns_aetna_nybz140.jpg?x=77&y=130&q=85&sig=tboeQNzofcCZH3V3vqh1UQ--" align="left" height="130" width="77" alt="photo" title="FILE - In this Feb. 8, 2007 file photo, a pedestrian, bundled up against frigid winter temperatures, walks past Health insurer Aetna Inc. said Friday, Feb. 6, 2010, its fourth-quarter profit fell 15 percent, as it continued to struggle with rising medical costs, which hurt its performance every quarter last year.(AP Photo/Bob Child, file)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_cvs_caremark_earnings_preview ap/20100205/us_cvs_caremark_earnings_preview AP business Fri, 05 Feb 2010 15:46:21 GMT AP - Drugstore operator and pharmacy benefits manager CVS Caremark Corp. reports its fourth-quarter results before the stock market opens Monday. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100205/ap_on_bi_ge/us_teva_pharma_settlements ap/20100205/us_teva_pharma_settlements AP business Fri, 05 Feb 2010 14:56:34 GMT AP - Teva Pharmaceutical Industries Ltd., the world's largest generic drugmaker, said Friday it is settling several lawsuits related to Medicaid reimbursement for its products, and is setting aside $315 million to cover the settlement and other suits. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100204/ap_on_bi_ge/us_earns_cigna_glance ap/20100204/us_earns_cigna_glance AP business Thu, 04 Feb 2010 21:27:11 GMT AP - Managed care company Cigna Corp. draws its income from several business segments. Here's the profit it received from each in the fourth quarter of 2009, with the insurer's fourth-quarter 2008 performance in parenthesis for comparison: http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100204/ap_on_bi_ge/us_eli_lilly_zyprexa_settlement ap/20100204/us_eli_lilly_zyprexa_settlement AP business Thu, 04 Feb 2010 19:35:58 GMT AP - Mississippi will receive $18.5 million from drug maker Eli Lilly and Co. as part of a settlement over claims the company promoted the anti-psychotic Zyprexa for ailments it was not federally approved to treat, Attorney General Jim Hood said Thursday. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100204/ap_on_bi_ge/us_on_the_call_cigna ap/20100204/us_on_the_call_cigna AP business Thu, 04 Feb 2010 19:29:40 GMT AP - Managed care company Cigna Corp. said Thursday it earned $330 million, or $1.19 per share, in the final quarter of 2009 on $4.64 billion in revenue. The insurer's financial picture was helped by improving equity markets that erased an earnings hit it suffered in 2008 from a couple of discontinued businesses. http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100204/ap_on_bi_ge/us_earns_cigna ap/20100204/us_earns_cigna AP business Thu, 04 Feb 2010 15:58:39 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100204/ap_on_bi_ge/us_earns_cigna"><img src="http://d.yimg.com/a/p/ap/20100204/capt.93c421ea45fb480b91e525d6f9cd42f2.earns_cigna_px201.jpg?x=130&y=86&q=85&sig=0JXLM5bnZQs92dow013KOQ--" align="left" height="86" width="130" alt="In this Tuesday, Nov. 17, 2009, a sign outside the headquarters of the health insurer Cigna Corp. is shown in in Philadelphia. Managed care company Cigna said Thursday, Feb. 4, 2010, it posted a fourth-quarter profit, as improved equity markets boosted a couple of discontinued businesses.(AP Photo/Matt Rourke)" border="0" /></a>AP - Managed care company Cigna said Thursday it posted a fourth-quarter profit, as interest rates and improved equity markets erased the earnings drag from a couple of discontinued businesses.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/ap/20100204/ap_on_bi_ge/us_earns_cigna"><img src="http://d.yimg.com/a/p/ap/20100204/capt.93c421ea45fb480b91e525d6f9cd42f2.earns_cigna_px201.jpg?x=130&y=86&q=85&sig=0JXLM5bnZQs92dow013KOQ--" align="left" height="86" width="130" alt="photo" title="In this Tuesday, Nov. 17, 2009, a sign outside the headquarters of the health insurer Cigna Corp. is shown in in Philadelphia. Managed care company Cigna said Thursday, Feb. 4, 2010, it posted a fourth-quarter profit, as improved equity markets boosted a couple of discontinued businesses.(AP Photo/Matt Rourke)" border="0"/></a></p><br clear="all"/> (AP) http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/afp/20100204/bs_afp/britainpharmacompanyearningsgsk afp/20100204/britainpharmacompanyearningsgsk AFP business Thu, 04 Feb 2010 14:44:28 GMT <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/afp/20100204/bs_afp/britainpharmacompanyearningsgsk"><img src="http://d.yimg.com/a/p/afp/20100204/capt.photo_1264907862220-1-0.jpg?x=130&y=90&q=85&sig=UgDjgD1U9zLq8dsgulF_4Q--" align="left" height="90" width="130" alt="British pharmaceuticals giant GlaxoSmithKline on Thursday announced a 66-percent jump in fourth quarter net profit to 1.63 billion pounds (1.87 billion euros, 2.59 billion dollars) and pointed to further job cuts.(AFP/File/Odd Andersen)" border="0" /></a>AFP - British pharmaceuticals giant GlaxoSmithKline on Thursday announced a 66-percent jump in fourth quarter net profit and pointed to further job cuts as it looks to slash costs amid increased competition.</p><br clear="all"/> <p><a href="http://us.rd.yahoo.com/dailynews/rss/healthcare/*http://news.yahoo.com/s/afp/20100204/bs_afp/britainpharmacompanyearningsgsk"><img src="http://d.yimg.com/a/p/afp/20100204/capt.photo_1264907862220-1-0.jpg?x=130&y=90&q=85&sig=UgDjgD1U9zLq8dsgulF_4Q--" align="left" height="90" width="130" alt="photo" title="British pharmaceuticals giant GlaxoSmithKline on Thursday announced a 66-percent jump in fourth quarter net profit to 1.63 billion pounds (1.87 billion euros, 2.59 billion dollars) and pointed to further job cuts.(AFP/File/Odd Andersen)" border="0"/></a></p><br clear="all"/> (AFP)