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Angel tax credit bill bad policy? (Morning Read)

What angel investor would shun a 25 percent tax credit for investing in companies that have received Small Business Innovation Research grants? The trouble is, a tax credit bill recently introduced in Congress simply is not good public policy, writes entrepreneurial studies professor Scott Shane in Bloomberg BusinessWeek.

Highlights of the important and interesting in the world of healthcare:

Nothing angelic about tax credit bill. What angel investor would shun a 25 percent tax credit for investing in companies that have received Small Business Innovation Research grants? The trouble is, a tax credit bill recently introduced in Congress simply is not good public policy, writes entrepreneurial studies professor Scott Shane in Bloomberg BusinessWeek.

Can you say HIPAA? The Obama administration is rewriting new rules on medical privacy after an outpouring of criticism from consumer groups and members of Congress who say the rules do not adequately protect the rights of patients when their medical records are improperly used or disclosed on the Internet, according to the New York Times.

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What’s your sign? With hospitals racing to meet meaningful use requirements — and struggling with declining patient loads — experts say hospitals want to hook up (technologically speaking) with physicians as a means of ensuring their economic survival, says the American Medical Association.

In a minute. Retail clinics and their value pricing, access, convenience and electronic health records should be included in the average health program, according to a RAND report.

Adult stem cells move ahead. For all the emotional debate that began a decade ago on allowing the use of embryonic stem cells, it’s adult stem cells that are in human testing today, reports the Buffalo News.

Happy retirement. Specialty drug distributor Hospira Inc. said Friday both its CEO and COO will retire by the end of the year in a planned succession.

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Doc-run hospital tries to compete. Despite giving patients good value and a positive experience, the for-profit, physician-run Medical Center at Elizabeth Place remains at a financial disadvantage compared to local nonprofit hospitals, its leaders claim, according to the Dayton Daily News.