Health Care
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The Northeast regionally Consumer Price Index rose 1.6 percent on a non-seasonally adjusted basis during the 12 months ended in April, a less significant increase than the 2 percent jump in consumer prices nationally, according to a report from the U.S. Bureau of Labor Statistics. more
Seven Rhode Island physicians are among 4,000 doctors and organizations nationwide who received at least $1 million in Medicare reimbursements in 2012, according to an unprecedented and controversial set of data released this week. more
CVS Caremark Corp., the largest provider of prescription drugs in the U.S., posted first-quarter profit that missed analyst estimates as cold weather and a mild flu season hurt sales. The company reaffirmed its 2014 forecast. more
Attorney General Peter F. Kilmartin announced Wednesday that Rhode Island will receive $1.2 million as its share of a multistate settlement with GlaxoSmithKline LLC to resolve allegations that the company violated state consumer protection laws by misrepresenting its asthma drug Advair and antidepressant drugs Paxil and Wellbutrin. more
Home & Hospice Care of Rhode Island, Visiting Nurse Home Care and Anchor Medical Associates have signed an agreement whereby HHCRI and VNHC have become Anchor’s preferred providers for home care, palliative and hospice services. more
Rhode Island Hospital has received a $50,000 grant from the CareFusion Foundation, one of 11 nonprofit health care institutions nationwide to receive funding under the Clinical Excellence Grant Program held annually by the charitable giving arm of health care device manufacturer CareFusion Corp. more
CVS Caremark Corp. and IBM will invest $1.5 million in a new grant program to support technology innovations in community health centers nationwide. more
In a national health study of America’s seniors, Rhode Island moved up four places to No. 26 from No. 30 last year, but ranked the lowest of any New England state, the United Health Foundation announced Wednesday. more
Fellowship Health Resources Inc. has acquired Harbor House of Providence, a clubhouse for people recovering from mental illness that was in danger of closing due to lack of funding. more
Spending on prescription drugs rose 4 percent last year, as more patients were prescribed specialty medications and took advantage of prescription benefits from their health insurance programs in an improving economy, CVS Caremark Corp. said Thursday in its annual Insights report. more
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