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Kaiser fined for conduct violations

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Kaiser Permanente Insurance Company and Kaiser Foundation Health Plan of Colorado have been fined for several conduct violations. Kaiser health plan was fined $201,000, and the insurance company was fined $166,000. “The violations were pretty typical for a large insurance company,” said Carol O’Bryan, director of market regulation for the Division of Insurance. “We have… Continue Reading Kaiser fined for conduct violations

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Merck & Co. Inc, Schering-Plough Corp. and a joint venture of the two companies, MSP Singapore Company, have agreed to settle with 35 states, including Colorado, after it delayed the release of negative results from a clinical trial of its cholesterol lowering drug Vytorin. Colorado will receive $100,000 of the $5.4 million the companies have… Continue Reading Merck pays $5.4 million for withholding negative information

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Colorado makes a lot of Top Ten lists, but not this time. Instead, California is the most patent-rich state with 22,202 new patents registered during 2008. Texas was second with 6,800, followed by New York, Washington, Massachusetts, Michigan, Illinois, New Jersey, Ohio and Minnesota. The current top-ten patent rankings by state, technology category, and company were… Continue Reading California, IBM continue to lead in ten patent rankings

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The Colorado Springs Leadership Institute will host a forum from 5:30 to 7 p.m. tonight at the Carnegie Room of the Penrose Library, 20 N. Cascade Ave. Presenters will offer the latest facts about the city revenue shortfall. “Unless we find major solutions now, we will see huge cuts in programs and services in 2010, which… Continue Reading Meeting tonight to address city revenue shortfall

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DoD awards health provider contracts

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TriWest will once again provide the managed care support to the Department of Defense program for the state of Colorado. The Department of Defense announced the contract – estimated at a worth of more than $16.9 billion – earlier this week. The contract will assist the military health system in 21 other western and mid-western… Continue Reading DoD awards health provider contracts

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Hospitals oppose deal to cut $155 billion

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At least one local hospital executive says the nation’s hospitals cannot afford a $155-billion-cut to Medicare and Medicaid.
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Heart Association offers iPhone application

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Everybody has an iPhone application – and now that includes the American Heart Association. iPhone applications cover everything from surfing the Web to tracking your errands. Now, users can look up CPR and other first-aid information. Users can download the application to review first aid procedures, any time, anywhere. First aid instructions are available even… Continue Reading Heart Association offers iPhone application

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Less can mean more for hotel owners

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When close competitors in the hospitality industry cut their prices, the temptation for hotel operators is to follow with reductions of their own. While that strategy pays off in increased occupancy, it usually reduces revenue per available room, or RevPAR, among all hotels in a market area. That’s the latest finding from the Cornell Center… Continue Reading Less can mean more for hotel owners

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USOC, or US no see?

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Will there be, as rumored, a presentation about the newly minted U.S. Olympic Committee deal at today’s informal City Council meeting? The answer is yes, no or maybe.  Here’s what the agenda says. “In accord with the City Charter Art. III, §3-60(d) and its incorporated Colorado Open Meetings Act, §24-6-402(4)(a,b,e), C.R.S., the City Council, in Open Session, is… Continue Reading USOC, or US no see?

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Apparently undeterred by the failure of Issue 1A during April, during its informal meeting this afternoon, City Council will consider whether to ask the voters to extend the 0.665 mill levy once again come November. The mill levy originally supported the 1989 bonds which funded Powers Boulevard and the Police Operations Center.  Unless renewed by the… Continue Reading Mill levy extension redo in November?

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