Tenet 4Q Loss Narrows On Higher Prices; Sees More Red Ink

Tenet Healthcare Corp.’s
(THC) fourth-quarter loss narrowed as the hospital
operator saw improved results amid higher prices.
The company also projected a 2009 loss bigger than expectations,
, according to
Thomson Reuters. Revenue is seen rising to
$9 billion to $9.2 billion
, in line
with estimates, with admissions growth of as much as 1%. Last year’s admissions
increase was 1.2%.
Tenet, which has been struggling to gain its footing after Read the rest of this entry »

Gyms are slashing prices

* A 30-day money-back guarantee at L.A. Boxing (
).
“Gyms realize these are tough economic times, for themselves as well as their members,” says Joe Moore, chief executive of the International Health, Racquet & Sportsclub Assn., a fitness trade group.
Even independent gyms are offering deals, so talk to the manager.
Moore recommends that new and old gym members review benefits online or in the information package they are typically handed Read the rest of this entry »

Hagglers chip away at prices

And it’s the big-ticket technology toys that seem to be targeted most often. While a random sampling of local consumers saw a willingness to try to bargain down prices on a host of objects including computers and refrigerators, most seem to aim their haggling at high-tech items. And they’re finding some surprising results.
“I’ve been to plenty of third-world countries; I know how haggling works there,” says Yair Flicker, co-founder of Baltimore-based Read the rest of this entry »

Gyms are slashing prices

* A 30-day money-back guarantee at L.A. Boxing (
).
“Gyms realize these are tough economic times, for themselves as well as their members,” says Joe Moore, chief executive of the International Health, Racquet & Sportsclub Assn., a fitness trade group.
Even independent gyms are offering deals, so talk to the manager.
Moore recommends that new and old gym members review benefits online or in the information package they are typically handed Read the rest of this entry »

Premium prices growing faster than paychecks, report says

Excerpts from the Globe’s blog on the Boston-area medical community.
For Massachusetts families, health insurance premiums are growing faster than their paychecks while their coverage gets thinner, a report issued today says.
The findings, based on federal census, labor, and healthcare data, coincide with a Boston Globe-Blue Cross Blue Shield of Massachusetts Foundation poll released last week that says even though more Bay State residents have Read the rest of this entry »

Humana Keeps Earnings Forecast After Raising Prices for Elderly

Feb. 2 (Bloomberg) –
, the second-biggest
provider of U.S.-funded health insurance, beat analysts’
estimates for fourth-quarter revenue and said higher prices for
elderly customers will help it meet its 2009 profit forecast.
Revenue climbed 18 percent from a year earlier to $7.49
billion because of higher enrollment in health plans, the
Louisville, Kentucky-based company said today in a statement.
That compares with an average $7.35 billion Read the rest of this entry »

City goes on a crash diet as rice prices hit the roof

Hyderabad:
With rice prices soaring, the demand for Hyderabadi’s staple food item is
dipping. Grocery store owners say the demand for rice has gone down
significantly .
“Earlier while we would keep 2-3 varieties of rice,
now we have restricted it to mere one, as the procurement cost is high and there
is not much margin for profit . Even the demand has gone down by 50 per cent due
to prices escalating high,” says a grocery store owner in Sindhi Read the rest of this entry »

Gyms are slashing prices

* A 30-day money-back guarantee at L.A. Boxing (
).
“Gyms realize these are tough economic times, for themselves as well as their members,” says Joe Moore, chief executive of the International Health, Racquet & Sportsclub Assn., a fitness trade group.
Even independent gyms are offering deals, so talk to the manager.
Moore recommends that new and old gym members review benefits online or in the information package they are typically handed Read the rest of this entry »

Prices for generic drugs falling in US

TRENTON, N.J. – Finally, a bit of good healthcare news: US prices for generic prescription drugs, which already cost as little as one-third of what their brand-name cousins do, have been getting cheaper and are likely to keep doing so.
The causes? Ultralow prices for generics offered by giant retailers and drugstore chains and intense competition as generic drug makers fight for sales, according to the health information firm
.
Pricing pressures Read the rest of this entry »

Ask AP: Building windmills, seized drugs prices

Ask AP: Building windmills, seized drugs prices
Windmills don’t just sprout from the earth wherever there’s a stiff breeze. Curiosity about where windmills in the U.S. are manufactured — and how the massive contraptions get to the sites where they’re installed — inspired one of three questions in this edition of “Ask AP,” a weekly Q&A column where AP journalists respond to readers’ questions about the news.
If you have your own news-related Read the rest of this entry »