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29 Apr

Postponed billing system causes pain for M.D.s

Practices that started getting up to speed early are now in limbo.

BY GALE SCOTT A delay in requiring all providers of medical care to use a new health-records and billing system to describe treatments is giving small medical offices major headaches. Billing is a big task for small medical practices. It takes time away from patient care and requires extra staff. A federal mandate requiring doctors to adopt a new set of billing codes...

24 Apr

Valley and Stryker Team Up for

Special Event - focused on orthopedics and joint replacement on Saturday, May 3, from 10 a.m. to 1:30 p.m. at Stryker Orthopaedics

The Valley Hospital's Total Joint Replacement Center will present "Joints in Motion," a special event focused on orthopedics and joint replacement on Saturday, May 3, from10 a.m. to 1:30 p.m. at Stryker Orthopaedics, 325 Corporate Drive in Mahwah.To register by phone, call 201-291-6090. "Joints in Motion" will feature physician lectures, health information, free screenings, and a tour of Stryker's manufacturing facility showing how artificial...

22 Apr

Health care will consume retirees’ Social Security

The combination of Medicare and Social Security won’t be enough to cover the medical costs of most middle-class retirees within a decade.

BY DAN COOK The combination of Medicare and Social Security won’t be enough to cover the medical costs of most middle-class retirees within a decade. Projections of average health costs and average Social Security income streams created by HealthView Services “shows that middle-class Americans’ retirement health care costs are on a path to exceed their Social Security benefit,” the firm said in a...

8 Apr

Flexibility for small businesses: Adjustment to ACA lifts limits on deductibles

Small businesses potentially regained some flexibility to buy health insurance plans when Congress and President Barack Obama last week tweaked a provision of the Affordable Care Act.

By Beth Fitzgerald - beth@njbiz.com The legislative fix – which drew little attention because it sailed through Congress tucked into a larger Medicare bill – lifted the limits on deductibles for health insurance plans covering small employers with fewer than 50 workers. Under the ACA, those deductible could not exceed $2,000 for an individual or $4,000 for a family. Now those deductible caps are...

15 Mar

How well you understand Social Security could cost you

Difference between claiming strategies could be worth as much as $250,000 in lifetime benefits

By Mary Beth Franklin ere is a huge gap between what most Americans think they know about Social Security and the actual rules governing the nation's primary retirement program, according to a new survey released by Financial Engines on Tuesday. As a result of this knowledge gap, the typical retiree leaves as much as $100,000 in lifetime benefits on the table. For a...

12 Mar

White House Withdraws Plan Allowing Limits to Medicare Coverage for Some Drugs

WASHINGTON — Under pressure from patients, pharmaceutical companies and members of Congress from both parties, the Obama administration on Monday withdrew a proposal that would have allowed insurers to limit Medicare coverage for certain classes of drug

By ROBERT PEAR Medicare officials had said the proposal would have saved money and reduced the overuse of drugs. But it created political problems for the White House, with some Democrats joining Republicans in denouncing the changes, saying they would harm Medicare beneficiaries. Since the start of Medicare’s prescription drug benefit in 2006, the government has required insurers to cover “all or...

10 Mar

Obama Just Sunk Your Retirement Plan

White House budget proposal targets Social Security benefits

By Darla Mercado President Barack Obama's 2015 budget proposal has targeted one of the best retirement income planning tools on investors' shelves: Social Security-claiming strategies. Buried on the 150th page of the 214 page, $3.9 trillion budget for 2015, which was released on Tuesday, is a sentence spelling out the plan to prevent duplicative or excessive benefit payments through the disability insurance program and...

4 Mar

Individual mandate delay bill nears vote

House members have another chance to derail the Patient Protection and Affordable Care Act individual mandate.

BY ALLISON BELL House leaders want to bring H.R. 4118, the “Suspending the Individual Mandate Penalty Law Equals Fairness Act” bill, to the floor sometime this week. The House Rules Committee plans to set bill floor debate guidelines at a meeting Wednesday.  PPACA now calls for many taxpayers who fail to have minimum essential coverage in 2014, or qualify for an exemption, to pay...

4 Mar

STOP Smoking - Mark Ballas Is Breathing Easier

Why the ‘Dancing With the Stars’ Performer Kicked His Smoking Habit

By Mari Cartel, Lifescript Entertainment Editor Reviewed by Edward C. Geehr, M.D., Lifescript Chief Medical Officer When Mark Ballas started getting winded during his dance routines, he realized his decade-plus smoking habit was harming his health. Find out how the “Dancing With the Stars” performer kicked the habit, and why he’s breathing easier today... When Mark Ballas competes on “Dancing...

18 Feb

Actavis Said to Near $25 Billion Deal to Buy Forest Labs

Actavis Plc (ACT), the world’s second-largest generic-drug maker by market value, is close to an agreement to buy Forest Laboratories Inc. (FRX) for about $25 billion, said a person familiar with the matter.

By David Welch and David Wainer   The acquisition may be announced as early as today U.S. time, said the person, who asked not to be identified as the talks are private. New York-based Forest had a market value of $19.3 billion when trading closed Feb. 14. The Wall Street Journal reported on the deal earlier. The deal would be a win...

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