Spectranetics Corp., a Colorado Springs-based medical device manufacturer, announced today that it plans to buy Israeli medical-device maker Upstream Peripheral Technologies for $5.5 million, plus additional milestone payments. Upstream Peripheral Technologies, an affiliate of ARAN Research Development & Prototypes Ltd., has produced tools that streamline peripheral vascular procedures and minimize radiation exposure. The acquisition allows Spectranetics to expand its vascular intervention [...]
Continue reading …Gov. John Hickenlooper announced plans to expand Medicaid coverage to people living within 133 percent of the federal poverty level, in line with federal guidelines under the Patient Protection and Affordable Care Act. The Supreme Court said states could decide whether or not to expand Medicaid coverage in a landmark decision upholding most of the [...]
Continue reading …University of Colorado Health has now extended its reach from Southern Colorado to Laramie, Wyoming. The hospital group, which includes Memorial Hospital in the Springs, will now manage Ivinson Hospital in Laramie. Under the agreement, Ivinson, which traces its roots to 1917, will become an affiliate of UCHealth but will remain an independent [...]
Continue reading …In an historic New Year’s Day session, the House of Representatives passed a bill that preserved Bush-era tax cuts for the middle class, but raised taxes on people making more than $400,000 a year. The compromises also averts a 27 percent cut in reimbursement levels for doctors who treat Medicare patients, and fixes the “dairy [...]
Continue reading …The Colorado Medical Society filed a lawsuit Monday to halt a rule that would allow chiropractors to administer drugs. The rule was created by the Chiropractic Board of Examiners and would authorize practitioners to administer drugs topically, orally, by inhalation and injection, after completing 24 hours of study and a certification exam. The board certifies [...]
Continue reading …Health care is poised to change dramatically in years to come, but in 2012 those changes got under way — preparing for the 2014 full implementation of the Patient Protection and Affordable Care Act. From consolidations of health groups to partnerships with former competitors, hospitals sought to create economies of scale in the face of [...]
Continue reading …In response to recent mass shootings, one of which took place in Colorado, Gov. John Hickenlooper unveiled an $18.5 million plan to strengthen the state’s mental health services and support system. “For the past five months, in response to the Aurora shooting, we have been working to expand mental health care and services across Colorado,” [...]
Continue reading …Terry Buckner will be the new CEO of the Pikes Peak Regional Hospital and Surgery Center in Woodland Park. Buckner will replace Dolores Horvath, who retired earlier this year. Buckner is a native of Oklahoma and brings more than 20 years health care management experience to the new role. He previously worked at the Eastern [...]
Continue reading …Earlier this month, the Colorado Health Benefit Exchange reached a major milestone toward opening in 2013: conditional federal approval. The exchange, a nonprofit, quasi-governmental agency responsible for creating and deploying a new virtual marketplace for health insurance, is one of six nationwide to receive federal approval. The exchange submitted its application in early October to [...]
Continue reading …In the scant two months since University of Colorado Health took over operations at Memorial Hospital, it’s been anything but business as usual. Despite the progress, officials acknowledge there’s still a lot of work to be done to steady Memorial’s financial picture and bring patients and doctors back to the hospital. UCH has spent a [...]
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