Highlights of the important and interesting in the world of healthcare:
Economists back Obama. A group of 35 economists, including three Nobel laureates, asked a U.S. judge for permission to file a brief backing the Obama administration’s bid to end a lawsuit challenging its healthcare overhaul, according to Bloomberg Businessweek.
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On the other hand. The Hoover Institution has released Reforming America’s Health Care System: The Flawed Vision of ObamaCare, edited by health policy expert Dr. Scott Atlas — a book that discusses what to expect from the recent health reform legislation and alternatives that should be considered.
Meanwhile, in New York. Health insurers at Reuters Health Summit last week debated what to do about ObamaCare. Their conclusions? Become tech-savvy. Bulk up. Venture abroad, reports Reuters.
And Democrats offer small business relief. Senate Democrats led by Senate Finance Committee Chairman Max Baucus (D-Montana) said Friday they’re prepared to repeal the so-called 1099 provision in the health care reform law that has riled small businesses over concern it’s too burdensome, according to Politico. The provision could have raised $17 billion to pay for reform.
Maybe that’s why bipartisan health reform is impossible. Washington Post columnist Ezra Klein offers this perspective on decades of political partisanship surrounding healthcare reform: “Democrats moved right every time they failed. And Republicans moved further right every time Democrats tried.”
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Small practices play a critical role in healthcare delivery, but they cannot continue to absorb ever-increasing administrative demands without consequences.
Everyday Health yanks IPO. Everyday Health Inc., which operates 25 health-related websites including one for Jillian Michaels of Biggest Loser fame, said it would withdraw its bid to go public, instead raising $20 million in Series G funding to acquire other companies and await better market conditions, according to Dow Jones VentureWire.
Pioneering cardiologist dies. Dr. Richard J. Bing, a pioneering cardiologist whose research led to new understandings of blood flow, congenital heart disease and the mechanics of the heart, died today at his home in La Canada, California, according to the New York Times. He was 101.