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01 декабря, 01:39

The Atlantic Politics & Policy Daily: Pelosi Victory Saves Nation From Ryan Mix-Up

Nancy Pelosi won another term as House minority leader.

28 ноября, 15:40

Cerner Hurt by Low System Sales and Intense Competition

On Nov 25, we issued an updated research report on North Kansas City, MO-based Cerner Corporation (CERN) -- a leading global provider of healthcare information technology solutions.

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23 ноября, 18:18

McKesson stock price target cut to $131 from $150 at Credit Suisse

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

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23 ноября, 18:18

McKesson downgraded to underperform from neutral at Credit Suisse

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

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21 ноября, 00:29

How Obamacare's 'Best' Wellness Program Made Employees Sicker

If President-elect Trump would like to do something useful to reform healthcare, he could start with workplace wellness, truly the "swamp" of the Affordable Care Act. What follows is a story of how wellness vendors routinely lie about savings and even harm employees. I'm not the only one who has noticed this. Many leading economists and publications (of the left and right) have observed that so-called "pry, poke and prod" workplace wellness programs are scams or shams. That these programs are worthless is not news to anyone except the Business Roundtable and the US Chamber of Commerce, which use their bountiful resources to purchase Congressional support, and even self-promoting Senate Committee hearings. Their agenda, of course, is to allow employers to collect fines from employees who don't (for example) lose weight. Those fines can then flow directly to the employer's bottom line. By way of background, "Pry, poke, and prod" programs differ from, for example, Ariana Huffington's wellness program, in that non-participants face a financial consequences, like a four-figure fine or foregone incentive, for refusing to submit. These programs pry into your lives by making you disclose your diets, drinking and drug use habits, poke you with needles at an oxymoronic "health fair" and prod you to get annual checkups you don't need and may harm you. Worthless? Of course. As a whole, wellness programs have not reduced heart attacks or related events, and improve risk factors only trivially. In 2015's award-winning program, done by a group of vendors led by United Health Care for McKesson, all this intrusiveness was wasted: the company's employees were almost every bit as unhealthy after the program as before it, according to the company's own data. One of McKesson's cabal of vendors, an outfit called Vitality, admitted they couldn't even get their own employees to lose weight. Crossing a Bright Red Line Ineffectiveness is one thing. Actually allowing a vendor to harm your employees is something else altogether, and that's exactly what the Boise School District did. Apparently lacking an internet connection, Boise chose Wellsteps to do wellness to its employees, without realizing that Wellsteps is a vendor known both for fabricating savings and for fat-shaming. Wellsteps' exact words re the latter? "It's fun to get fat. It's fun to be lazy." They published a report showing a dramatic increase in risk factors (cholesterol, weight, blood pressure) for Boise's employees over the period when they were retained. Along with those objective risk increases, employees reported feeling worse too. Wellsteps and Boise Face the Consequences Of course, Wellsteps blatantly suppressed their own data showing cost increases and lied about their savings, but -- along with being worthless -- lying and cheating are part of the wellness industry's DNA. The way I prove that isn't just by quoting their own words against them (backed up with screenshots) but by simply offering a $1-million reward (plus a $1-million contribution to the Boise School District, for a total of $2-million) if they can simply show they aren't lying. Let's just say I'm not expecting to mortgage the house anytime soon. I've been offering a similar reward for a year, with no takers. The $100,000 entry fee is a dissuader, though they would recoup that times ten if they aren't lying. Fortunately, there is an industry watchdog group to complain to. And while this group is perfectly fine with lying (indeed, it is one of their core competencies), the harming-employees thing was too much for them to stomach. Consequently, Wellsteps faced a strong rebuke from the authorities in the wellness industry. Not. Quite the contrary, last month this program won something called the C. Everett Koop Award. You might think, it must be OK, then. After all, Dr. Koop was a renowned Surgeon General. And he was...but that was before he left office and starting basically auctioning off his naming rights, and his soul. Most famously, he received a large sum from the latex glove industry to testify before Congress that latex gloves were great, without disclosing his conflict of interest. Likewise, he licensed his name to a group of wellness industry promoters, led now by Johns Hopkins School of Public Health employee Ron Goetzel, to give these awards to their friends and clients. For instance, the aforementioned McKesson was a client of Mr. Goetzel's other company, while Wellsteps' CEO was also on the awards committee, until he recently stepped down due to the obvious Nero-type optics of voting yourself an award, so he let his friends do it instead. Needless to say, when Johns Hopkins found out their employee was using their good name to reward a company that made employees sicker, they were outraged. Not. Actually, I contacted the ethics office (Jon Vernick), the dean (Michael Klag) and the public relations person. They voiced no objections to Mr. Goetzel's conduct. And how hard is it to answer softball questions like: "Do you think this sets a good example for your students?" Or: "Should a wellness program in which employee health deteriorates win an award for health improvement?" They refused to answer. Mr. Goetzel and the rest of the committee knew Wellsteps had harmed employees. The story had been broken the day before the awards ceremony by Sharon Begley, winner of many (legitimate) awards for her health/science reporting. Nor could they pretend they hadn't seen the article, because they were quoted in it. As one attendee at the ceremony told me: "It was like being in an alternate universe. I was on my phone reading how harmful and dishonest this program was, while the award was being bestowed." Wellsteps' CEO, Steve Aldana, didn't defend himself, other than to call Ms. Begley a "lier." He didn't provide any evidence of this, nor did he contact her or her editor directly. Needless to say, an investigation has been opened by the Office of the Inspector General, the government agency charged with fraud detection and prevention in healthcare. Not. Actually, the wellness industry is subject to no regulations, or even licensing, educational or continuing education requirements. The United States Preventive Services Task Force establishes clinical guidelines for optimal screenings and prevention. They also recommend strongly against certain screens due to the potential for harm, giving them "D" grades. However, employers may force employees to get D-rated screens or face fines. One vendor even admits their entire program is D-rated, while the Huffpost blogger who defends wellness as basically a kumbaya moment ("show employees the value and excitement" of wellness events) himself runs the company that does more D-rated screens than any other. So wellness is the Wild West of healthcare, and speaking of Wild West, let's circle back to the Boise School District. They were originally thrilled to be part of this award, back when Wellsteps "explained" to them how well they did. Now that the District's management finally got an internet connection, a calculator, and a pair of reading glasses, and/or found a smart person to re-explain Wellsteps' report to them, they no longer comment, or show any interest in their potential $1-million contribution. My suspicion is that they are not too pleased with Wellsteps these days. And Wellsteps' CEO, Steve Aldana -- whose linkedin profile now claims his program is the "best" -- didn't exactly enhance his standing with the Boise authorities by using the Nuremberg Defense in Begley's article, blaming them for making Wellsteps flout clinical guidelines to (very profitably!) screen the stuffing out of their employees. So what? We don't live in Boise This Boise scandal is only the tip of the iceberg. 60 million employees are threatened or bribed into these programs. (Once again, a distinction for loyal Huffpost power users: this is not about Thrive, Arianna Huffington's new venture. That company is in the emerging segment of "wellness done for employees," where employees participate voluntarily because they see value. The Wellsteps/Boise segment is "wellness done to employees," where refusal to submit carries significant financial consequences.) These 60-million employees have essentially no recourse against vendors like Wellsteps. It's not just that vendors are allowed to do harmful, D-rated screens. They need not even disclose that the screens carry the "not recommended" imprimatur from the USPSTF. Further, while health plans who "do wellness" for their members are subject to privacy regulations, independent vendors like wellness are completely unregulated. Wellness vendors don't even need to be licensed. Consequently, vendors can claim to save the lives of cancer victims who didn't have cancer...and win a Koop Award for it, as long as they sponsor the award and/or are friends with the Johns Hopkins employee in charge of giving them out. Health plans can even collect your DNA, if your employer lets them. Vendors can even sell worthless nutritional supplements on their website...and get insurance to pay for them. Sound like a great business? You too can become a wellness vendor -- for only $67,000 and 5 days of classroom training. What Comes Next? And there it is, the ideal place to start "repealing and replacing" the Affordable Care Act. Simply requiring vendors to adhere to a "do no harm" Code of Conduct would drive most of them out of the market. Yet I suspect that in a year from now, wellness programs will be more entrenched than ever, with employees getting "pried, poked and prodded," paying fines, and being harmed. If only America had elected a populist... Disclosure: While this posting represents my own opinion and findings, I am CEO of Quizzify, which is an employee-education alternative to wellness ("Wiser employees make healthier choices"), involving no prying, poking or prodding. And, yes, Quizzify endorses the Code of Conduct and can't understand why other vendors are stonewalling it. Really, if you're in the wellness industry and can't promise not to harm employees, you need to find a new line of work. You'd be doing employees everywhere a huge favor. -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

16 ноября, 15:55

Marketing a Tech City: How a Cat Video Changed Everything

Over the past two decades, Alpharetta, Georgia, a city that is 25 miles from downtown Atlanta, has been transformed from a sleepy agricultural community to a magnet for technology companies. More than 600 tech firms – including McKesson Information Systems, Hewlett-Packard, Microsoft, E-Trade and Equifax – have flocked to Alpharetta. Because [...]

10 ноября, 17:34

How is Fidelity Select Health Care Services Portfolio Fund (FSHCX) Performing/

Fidelity Select Health Care Services Portfolio Fund (FSHCX) a Zacks Rank #1 (Strong Buy) was incepted in June 1986 and managed by the Fidelity Group

10 ноября, 16:31

Drug Stocks Surge on Trump Win: 5 Stocks to Buy Now

With pharma and biotech stocks reacting favorably to Trump's win, it looks like a good time to invest in this sector.

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03 ноября, 17:36

Moving Average Crossover Alert: McKesson (MCK)

McKesson Corporation (MCK) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front

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01 ноября, 17:38

New Strong Sell Stocks for November 1st

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Tuesday.

31 октября, 17:21

Company News for October 31, 2016

Companies In The News are: SYK,MCK,HSY,EXPE

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29 октября, 01:39

McKesson Corp (MCK) Stock Down Over 24% Today

Despite continuous growth and development in the pharmaceutical industry, MCK saw its stock fall over 24% Friday.

29 октября, 00:51

Twitter Has Killed Off One Of The Biggest Platforms For Black Culture

When Twitter announced Thursday that it was shutting down its video service Vine, the news sent a good many people into a state of shock, sadness and fury.  While some celebrated the app by remembering the best Vines ever made, others praised Vine for the way it’s helped amplify the voices of countless marginalized people. In particular, many folks on Twitter noted how the end of Vine marks a severe blow to the creators of color who helped make the service what it was.  this is a blow for creatives of color. im really, really hurt and upset.— TrickorTracy Clayton (@brokeymcpoverty) October 27, 2016 Vine, which allowed users to make six-second video loops, was beloved by people everywhere ― but it held a particular importance for black people, who were among its most active users. The app, which was purchased by Twitter in 2014 and has an average of 200 million active monthly users, was dominated by millennials, many of them African-American. Users like King Bach and Alphacat and young funny women like Simone Shepherd are among the most popular black Viners, and the app gave them a reach that took their careers to a whole other level. Over the years, Vine grew into a sensational display of often startlingly funny videos. Black creators, who remain underrepresented in the entertainment industry, used the platform to show each other, and the world, just how many forms black creativity and black excellence could assume. Through humor and joy, Vine allowed users to redefine blackness on their own terms and through their own reflections; it allowed them to show off sides of the black experience that don’t usually make it to air on national TV. And when black people needed the world to see scenes of violence and injustice, Vine was there to help, serving as an invaluable communication tool during Black Lives Matter protests over the unjust killings of black men and women. Deray Mckesson, one of the movement’s more prominent activists, credited Vine this week for allowing him to share his experiences during the 2014 protests in Ferguson, Missouri. I'll always love Vine b/c that was all we really had in protest in the the Fall 2014. There was no Twitter video & no Periscope back then.— deray mckesson (@deray) October 27, 2016 We had to figure out how find the most important six seconds in protest & Vine was our only way to share it quickly.— deray mckesson (@deray) October 27, 2016 Chaz Smith, a widely popular black Viner and a former Huffington Post video host, said he appreciated the app for the way it let users broadcast silliness as well as seriousness to the world. “Vine was the perfect platform for making light of and finding humor in some very serious topics and situations affecting the black community in a very short amount of time, and that will definitely be missed,” he told HuffPost.  However, Smith says other social media platforms, like YouTube and Instagram, also provide a space for the same influencers who thrived on Vine to share their work and expand their reach. “I believe that the transition to those platforms will be very smooth for many,” he said.  Still, there was something about Vine that served as both an escape from and a response to the hostilities and dangers that people of color face every day. The contrast was especially clear when looking at some of the content that circulates on other social networks ― including Vine’s parent company, Twitter, which is letting users down with its haphazard approach to the ongoing problems of harassment, threats and hate speech. This, among other things, is what makes the news about Vine’s fate so sad to hear. Twitter, whose executive board is majority white, didn’t give any particular reason for discontinuing the app, but some have speculated it’s because Vine faced monetization issues.  That Vine is hard to monetize is true. But so is Twitter itself. The question is less "how many dollars?" than it is "whose dollars?"— Alexandra Erin (@alexandraerin) October 27, 2016 To be fair, in the 10 years it has existed, Twitter has helped African-Americans to share their own stories and to have a greater voice in the national dialogue. In many ways, this is what has allowed Black Twitter to reclaim the black narrative by ensuring that it is told by those who know it best.  Vine was like this in many of the same ways. It became a space where black users helped to craft a cultural force that changed the way people created and consumed video content. Hannah Giorgis, a black journalist who now works at BuzzFeed, once wrote in The Guardian:  If the most static characteristic of the internet itself is its malleability and Vine steers the influence engine that is social media, then the power of its trend-setting black users is particularly prescient. Black Viners have birthed countless memes and accompanying sociolinguistic phenomena, from “or nah” to “hoe don’t do it” to “do it for the vine”. Black Vine is unique in form, but it inherits the legacy of the analog black creative expression that predates it. Black cultural production – from art to music to dance – has always set trends and predicted the nation’s creative landscape, regardless of medium. Vine has boosted ― and, in some cases, made possible ― the careers of black creators who only needed a way to show the world their skills. And while there are other platforms that offer similar possibilities, Vine was made up of a vibrant community, mostly consisting of people of color, that helped to define its greatness.  As journalist Goldie Taylor pointed out on Twitter Thursday, “Who you gone do it for, it you cain’t do it for the Vine?” -- This feed and its contents are the property of The Huffington Post, and use is subject to our terms. It may be used for personal consumption, but may not be distributed on a website.

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28 октября, 18:49

McKesson stock price target cut to $153 from $196 at Deutsche Bank

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

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28 октября, 18:49

McKesson downgraded to hold from buy at Deutsche Bank

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28 октября, 18:46

McKesson Sounds the Drug-Price Alarm

In a worrisome sign for stocks, drug prices might not be rising as much as investors thought.