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BUSINESS
July 3, 2016 | By Harold Brubaker, Staff Writer
Pennsylvania Insurance Commissioner Teresa Miller has scheduled a hearing for July 27 to give consumers a chance to comment on proposed rate increases on 2017 health-insurance plans to be sold on the federal marketplace, the department said Friday. "A public hearing on these rate requests fulfills the Wolf administration's high standards for government transparency, while also giving companies an opportunity to explain their requests, Insurance Department staff a chance to outline our review process, and the public a forum to express how these rates may affect them," Miller said.
BUSINESS
July 2, 2016 | By Harold Brubaker, STAFF WRITER
HealthRight L.L.C., of Conshohocken, has agreed to acquire HealthNext L.L.C., a Philadelphia company that offers employers roadmaps for reducing health-care costs, HealthRight said Thursday. The price was not disclosed, but John Palumbo, chief executive of HealthRight, which provides consumer health services online, estimated the combined value of the two companies at $100 million. Together, the two firms have 200 employees, Palumbo said. He said HealthNext's principals will become part of senior management at HealthRight.
NEWS
June 29, 2016
ISSUE | MENTAL HEALTH New N.J. system will jeopardize care Community-based mental-health and substance-use services enable people to lead healthy, productive lives; reduce emergency-room visits and hospitalizations; and prevent imprisonment and homelessness. Access to quality services is the morally right, fiscally responsible goal. Many such programs in New Jersey face downsizing or closure because a proposed transition in state reimbursement rates will leave them far short of the cost of care.
BUSINESS
June 29, 2016 | By Harold Brubaker, Staff Writer
J. Mark Baiada could probably sell Bayada Home Health Care, the Moorestown company he founded in 1975, for at least $1 billion, but instead, Baiada and his family have decided to donate it to a charitable foundation, Baiada said Monday. "Nonprofits last longer, and I don't really need the money, so we're going to turn it over to a newly created nonprofit that's all mission-driven," Baiada said. "We're putting mission over money. " Bayada, with $1.1 billion in annual revenue, is the nation's 10th-largest home health agency, according to a report last year by Lexis-Nexis Risk Solutions.
NEWS
June 29, 2016 | By Sam Wood, STAFF WRITER
The eateries listed below were asked to close temporarily following inspections by the Philadelphia Department of Health between June 16 and June 24. Each inspection report is generally regarded as a "snapshot in time" and is not necessarily a reflection of day-to-day conditions at the business. Most violations were immediately corrected on site. Unless noted, the restaurants and markets were allowed to reopen the next day after health department approval. If you suspect you've contracted food poisoning at a Philadelphia eatery or have a sanitation complaint, contact the health department at 215-685-7495.
BUSINESS
June 28, 2016
Capehart Scatchard, Mount Laurel, has hired attorneys Sheila M. Mints and Denise L. Sanders as shareholders in its health-care law department. Both came from Parker McCay, where Mints was a shareholder and chair of the health-care law group and Sanders was of counsel. Museum of the American Revolution, Philadelphia, has hired Sue Nicol as director of human resources. She had been director of human resources and administrative services at Indian Creek Foundation.
NEWS
June 27, 2016
Q uestion: I've lost 30 pounds and am at my ideal weight. I've battled with losing weight since in my 40s; I'm now 60. This time I needed to lose weight because of health concerns. I've received many compliments because I look better and feel so much better. But there are some folks who want to know if I'm OK or even go as far to ask if there's something medically wrong with me. (Back in the day, when someone lost a lot of weight it meant they had cancer.) Truth be told I'm not sure how to respond other than giving them a polite smile and thanking them for their concern.
NEWS
June 26, 2016 | By Rita Giordano, STAFF WRITER
Elementary school teacher Leslie Isaacs says it's easy for her to see how her students are doing as young health journalists. "They have this light from within because they want to help the world," said Isaacs, whose students at Highland Park in Upper Darby have been part of the Healthy NewsWorks student journalism program for several years. Now the College of Physicians of Philadelphia has added its own kudos, giving Healthy NewsWorks the 2016 Organizational Public Health Recognition Award.
BUSINESS
June 24, 2016 | By Linda Loyd, Staff Writer
A Boston-area start-up that is developing medicines for women's health, cancer, and endocrine diseases has opened a commercial and medical affairs office in Wayne to gear up for the potential launch of a new osteoporosis medicine. Radius Health Inc. has a lead drug candidate, abaloparatide, that had positive results in a patient study to reduce the risk of fractures in postmenopausal women with bone-depleting osteoporosis. The treatment, in a class of agents called anabolics that build bone rather than slow bone loss, is being reviewed by the Food and Drug Administration.
BUSINESS
June 24, 2016 | By Jane M. Von Bergen, Staff Writer
Maybe her "Viagra Lady" nickname was a joke and maybe it wasn't, but Kathy Black never let it get a rise out of her, as annoying as she found it. After all, the underlying issue - women's equality in union health plans - mattered more than some gag about a male-enhancement drug. "Viagra was on the market for six weeks, and 80 percent of health plans covered it," Black recalled. "Birth-control pills were on the market for 50 years, and only about 30 percent of health plans included them.
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