Economic Impact of Healthcare in DFW

We all interact with the healthcare system. Individuals stop in at their doctor’s office for an annual physical or visit the pharmacy for a prescription refill. Business executives calculate and deduct the cost of care for employees from their budgets. And for more than 600,000 people in the North Texas region, interacting with the healthcare system means going to work each day to provide care and products for the region’s 6.5 million residents. Healthcare is a big business in North Texas. The industry makes up about 15 percent of the local economy—some $52 billion in gross metro product is created… Full Story

Healthcare: The Business We’re In

While standing in line to board a cross-country bus, a middle-aged man crumples to the floor. Stunned momentarily, bystanders gasp then began trying to help. Someone calls 9-1-1. A woman kneels to see if he’s OK. No response. A nearby man begins pushing on the chest, hoping he is doing it right. An approaching siren announces the arrival of the EMS ambulance. Paramedics come through the door and take over. Many things happen at once, each of the medics playing their role. They work on the patient until a decision is made to transport. At the nearest hospital the EMS… Full Story

Morning Rounds (07.18.12)

More troubles for Lewisville-based Orthofix. The company has agreed to pay $5.2 million to settle federal regulatory charges that its subsidiary bribed Mexican officials for sales contracts with government hospitals.   The American Heart Association reported fewer patients needed long-term care when primary care doctors focused on the health hazards of high blood pressure, smoking, high cholesterol, diabetes, irregular heartbeats, and depression.   Dallas-based Tenet Healthcare Corp. boasts 33 hospitals that have received 71 designations for cardiac care, cardiac surgery, and heart rhythm disorders; and 21 designations as UnitedHealth Premium Surgical Spine and Total Joint Replacement Specialty Centers.   Texas healthcare ranks worst in nation, according to NYDaily News.   Arlington Occupational… Full Story

Accolades (07.16.12)

PEOPLE               Linda Allison, a clinical education specialist at Texas Health Presbyterian Hospital Plano, was honored among the region’s Great 100 Nurses for 2012.   David Campbell, manager of education for Methodist Richardson, is a South Region finalist in the 2012 Nurse.com Nursing Excellence Awards, in the category of “Education and Mentorship.” He will be honored at an Aug. 17 event at the Houston Omni Galleria.   Karen Langston, perinatal outreach coordinator at Texas Health Harris Methodist, has earned the Fetal Heart Monitoring Program Award from The Association of Women’s Health, Obstetric and Neonatal… Full Story

Lewisville-based Orthofix to Pay $34 Million in False Claims Act Fines

Orthofix, a Lewisville medical-device company, will pay more than $34 million to settle allegations stemming from a whistleblower lawsuit. The suit, filed by Jeffrey Bierman, alleged that the company improperly waived patient co-payments, resulting in a misstatement of the device costs and resulting in excess reimbursement by the federal government. The suit also claimed the company “paid kickbacks to physicians and their staffs in the form of ‘fitter fee,’ ” as well as other fees, according to a Justice Department news release. Under to the agreement, Orthofix did not accept liability and denied the Justice Department allegations. The company will… Full Story