Healthcare
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Malvern Heart Monitoring Firm BioTelemetry Settles Improper Medicare Billing For $6.4M
The federal government will get $6.4 million for an investigative effort to keep a Malvern heart monitoring firm in code. BioTelemetry recently agreed to pay the sum to settle charges that it billed Medicare and other federal healthcare programs for remote patient heart monitoring when only less-expensive, office-based services were reimbursable, according to an mHealthNews report.…
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DePuy Synthes’ Patient Athlete Program Supports Joint Replacement Patients
Johnson & Johnson’s DePuy Synthes Companies and the Human Performance Institute now have a Patient Athlete program focusing on prevention, behavioral health and chronic disease support, Orthopedics This Week reports. The program helps joint replacement patients take their experience beyond pain reduction as they prepare for surgery and heal afterwards. The program uses science-based energy…
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The Kendal Corp. CEO’s Decades Of Leadership Coming To An End
The top executive of Kennett Square’s not-for-profit Quaker-inspired retirement community developer, The Kendal Corp., will have led the growth of the Kendal System for nearly 25 years when he steps down in mid-2016. President and CEO John Diffey recently announced his own plans for retirement to the company’s board of directors, according to an Executive…
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HIT Application Solutions Rebrands As Notifi Health, LLC
HIT Application Solutions, LLC. of Exton has a new name – Notifi Health, LLC, as the company, founded in 2004, realigns its corporate mission. Notifi is an innovative IT product and services company specializing in healthcare information technology and consulting services designed to improve both the quality of care and the efficiency of healthcare operations.…
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Genesis HealthCare Employees ‘Walked In Gold’ For Alzheimer’s Association
Genesis HealthCare employees joined to field a Gold National Team which raised more than $250,000 during 2014 to support the Alzheimer’s Association Walk to End Alzheimer’s®. The event raised awareness and funds for Alzheimer’s Association care, support and research programs. Last year, Genesis HealthCare employees from more than 200 of its 400 centers and regional…
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Lawyers Of Color Names John G. Chou To Fourth Annual Power List
John G. Chou, executive vice president and general counsel of AmerisourceBergen, has been named to the Lawyers of Color’s Fourth Annual Power List recognizing the nation’s most influential minority attorneys and nonminority diversity advocates. A graduate of Harvard College and the University of Pennsylvania Law School, Chou joined AmerisourceBergen in 2002 and has been general…
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Genesis HealthCare, Inc. Cuts Costs, Staff Following Fourth-Quarter Shortfall
Genesis HealthCare, Inc. in Kennett Square is reducing staff hours, eliminating more than 300 full-time-equivalent jobs, and modifying employee benefits following a disappointing fourth-quarter performance, Harold Brubaker of Philly.com is reporting. Genesis has cut $30 million to $40 million in costs. Two percent of the reductions affect workers in Kennett Square, but the recent merger…
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Jennersville Regional Hospital Now Offers CAT Scans With Reduced Radiation
Jennersville Regional Hospital in West Grove recently installed technology that reduces the amount of radiation necessary to perform many of the common CAT scan studies ordered by physicians for diagnosis and treatment. “This is particularly important for children, older patients and those whose medical condition requires repeated studies,” said Dr. Tracy Carmellini. “Since CT technology…
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Teleflex Announces Year Over Year Revenue Growth
Teleflex Inc. of Wayne is celebrating a successful 2014 following release of its financial report. Full year 2014 net revenues were $1.84 billion, up 8.5 percent over 2013. Excluding the impact of foreign currency fluctuations, full year 2014 net revenues increased 8.8 percent over 2013. Benson Smith, chairman, president and CEO, said the firm integrated…
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Polaris Provides Oncology Patient Support Site
Polaris Health Directions of Wayne is set to release web-based Polestar Oncology for cancer patients, a single source solution integrating distress management, patient navigation and survivorship care planning. “The new Polestar Oncology will provide unparalleled support for patients and their cancer care teams from diagnosis through survivorship,” said Dr. Tina Harralson, science director at Polaris.…
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GE Capital Finances Genesis Healthcare’s Acquisition of California Firm
GE Capital’s Healthcare Financial Services business announced it was sole bookrunner in providing a $550 million revolving line of credit to Genesis Healthcare, Inc. of Kennett Square as Genesis completed its merger with Skilled Healthcare Group, Inc. “We’ve had a long-term relationship with GE Capital so it was natural for us to turn to them…
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Coatesville Schools, Police Now Have AED Machines
The Coatesville Area School District and Coatesville police departments are now equipped with life-saving AED machines, thanks to a $15,000 donation from the Brandywine Health Foundation, CBS Philly reports. In honor of American Heart Month, 9 machines are going to police departments, and five more to schools. The machines will be available during the school…
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Politicians Join Medical Device Professionals In Rallying Against Medical Device Tax
Pennsylvania Bio gathered more than 150 medical device professionals at The Porch at 30th Street Station in Philadelphia Feb. 10 to tell federal elected officials to repeal the 2.3 percent Medical Device Tax within the Affordable Care Act. “Medical innovation is the cornerstone of Pennsylvania’s economy and this excise tax has proven to be a…
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Preventing The Dreaded, ‘I’ve Fallen And I Can’t Get Up’ Call
By Gertie Mourar A recent visit by our caregiver to a customer’s home found her on the floor without a medic alert button. She had fallen and could not get up on her own due to dizziness. Subsequent tries to get up were thwarted because of dizziness. Our caregiver called 911 immediately. When the medics…
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Better Alerts Offers Medical Alert App For Seniors
Better Alerts from West Conshohocken is offering a new app that it says can revolutionize the medical alert industry. The Better Alerts app works in conjunction with a smartphone and smartwatch technology to directly communicate with seniors and their designated contacts and emergency services. The app offers users and caregivers medication reminders, instant texts and…
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Pennsylvania Bio Will Honor Top Doctor, CEO At Upcoming Annual Dinner
Dr. Carl H. June of the University of Pennsylvania and Dr. Jeffrey Marrazzo, co-founder and CEO of Spark Therapeutics, will receive top honors from Wayne-based Pennsylvania Bio during its March 12 annual dinner and award celebration at the Pennsylvania Convention Center in Philadelphia. Pennsylvania Bio is a statewide trade association representing Pennsylvania’s life science industry.…
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Aspire Bariatrics Obtains Financing To Launch Weight Loss Device
Aspire Bariatrics of King of Prussia, a medical device company developing and commercializing a reversible minimally-invasive weight loss device for obesity, has closed on $12 million in venture debt financing with Hercules Technology Growth Capital. Kathy Crothall, chief executive officer and president of Aspire, said the financing will help Aspire file for FDA approval of…
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Genesis Healthcare, Inc. Completes Merger With Skilled Healthcare Group, Inc.
Genesis HealthCare, LLC of Kennett Square is now a publicly traded company known as Genesis Healthcare, Inc., the company announced Feb. 2. “This is an exciting time for Genesis as we become a publicly-traded company and further expand the services we provide to patients and residents nationwide,” said George Hager, Genesis CEO. “We believe the…
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