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Forbes.com: ForbesLife News
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ForbesLife news from Forbes.com
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Large Investor Is Putting More Pressure On Allscripts CEO Glen Tullman
Allscripts is settling in for a fight against one of its largest shareholders. HealthCor has sued the electronic health record company to launch a proxy fight, according to Reuters. Last month, the health care investment firm had filed a Notice of Exempt Solicitation with the SEC, asking that Allscripts' chief executive resign. Tullman has refused. ...
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Ford Gets Its Logo Back
? Investors Service raised its rating on ?s debt to investment grade this afternoon, an important milestone that will allow the carmaker to get its Blue Oval trademark out of hock. In 2006, Ford pledged its famous logo, along with virtually all of its U.S. assets, as collateral to secure a $23.5 billion loan in ...
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Three Health Technology Companies To Watch
Last week, Towers Watson bought Extend , which allows retirees to choose from thousands of private Medicare plans according to their needs, instead of having their employer make the decision. Towers paid $435 million. One of the winners in that transaction was venture capital firm Psilos, which made in five years 10 times its investment ...
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Finally, A Car That Listens (And Truly Understands)
New voice controls let motorists speak naturally to send and receive email and texts, buy songs and listen to the day's headlines. You still can't buy shoes while driving, though.
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Putting the 'Insurance' Back in Health Insurance
We understand that it would make no sense to buy auto insurance after we've already crashed our car. We appreciate that it would be strange to buy homeowner's insurance after our house has already burned down. And yet, when it comes to health coverage, many of us think that it makes perfect sense to wait until we're sick to buy health insurance. If we really want to make health insurance affordable and accessible to everyone, we need to go back to basics, and understand all of the government-induced distortions that have made health insurance look nothing like actual insurance.
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The 15 Minute Physical: Dr. Oz Showcases Power Of Electronic Health Records
At a taping of the Dr. Oz Show on Saturday, Dr. Mehmet Oz and 75 laptop-wielding medical students entered clinical information on 1,000 patients into an electronic health record, courtesy of Practice Fusion, a provider of free web-based EHRs. The location was 's School of Medicine. Combing for indicators of heart disease and diabetes, they ...
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What Should Congress Do after the Supreme Court Decision on Obamacare?
There's been a bit of a flap in the media this week about what House Republicans are planning to do regarding health care reform once the Supreme Court rules on Obamacare. But the back-and-forth leaves unanswered an important question: given all of the possible SCOTUS scenarios, what should Congress do to optimize the outcome for people with a stake in a functioning health-care system? Let's examine the possibilities.
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Car of the Week: 2013 Mercedes-Benz SL 550
?? The Car: 2013??Mercedes-Benz SL 550 Where I drove it: Downtown , Pasadena, and the Hollywood Hills. First Impressions: ??It was a dramatic moment when the valet pulled up in the creamy-white 2013 Mercedes-Benz SL550 ??? and I soaked it up.??Let me set the scene:??The Standard Los Angeles??valet lot is just steps away from the ...
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Obamacare Activists Prep to be 'Either Celebratory or Agitational' about Supreme Court Decision
BuzzFeed has obtained a three-page memo from Health Care for America Now, an umbrella group run by labor unions and MoveOn.org. The memo details how the organization and other White House allies plan to adopt alternate messages, depending on whether or not the Affordable Care Act is upheld by the Supreme Court. "Note that many of these [resources] can be lined up now, without any additional information about the timing of the specifics of the decision," the activists write. It's a free country, of course. But the memo makes for strange reading.
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Medicare Advantage Reform: Detaching Pay from Performance
Medicare Advantage (MA) is the "private option" within Medicare. Private health insurers are paid a fixed monthly fee to provide at least the same minimum health benefits to their enrollees as "traditional" fee-for-service (FFS) Medicare, but they also have the ability to offer coordinated care, disease management, phone consultations, and other services that have the ...
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Are House Republicans Caving in on Repealing Obamacare? Doubtful.
Politico is reporting that House Republicans are preparing for the possibility that the Supreme Court upholds the law by drafting new legislation. "When the court rules, we'll be ready," House Speaker John Boehner (R., Ohio) told the House Republican Conference on Wednesday. But what's surprising about alleged GOP plans is that they involve preserving significant???and damaging???aspects of the Affordable Care Act, for what appear to be political reasons. I'm not convinced that the story is accurate.
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Chrysler's Kumbaya King
What do the Dalai Lama, Sean Penn, Eminem and Clint Eastwood have in common? Not much, except for controversial car marketer Olivier Francois.
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James Beard Awards: Mercedes-Benz Next Best New Restaurant, Daniel Humm Outstanding Chef
For foodies, it's the equivalent of the Oscars. Last week,??The James Beard Foundation??held its annual awards show at Lincoln Center. Mercedes-Benz presented the Best New Restaurant Award to??Grant Achatz??of??Next??in??Chicago.????Next??opened in 2011. You can't make a reservation, but you can buy a ticket.??The??New York??Times writes, "It is not easy to eat at??Next. The restaurant has only ...
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Why GM Yanked Its Facebook Ads On Eve Of IPO
A lot of people are wondering why decided to stop advertising on Facebook just three days before the social media site?s widely anticipated stock offering. After all, it doesn?t look very good to potential investors when the nation?s third largest advertiser says your site isn?t an effective way to reach customers. Facebook has been all ...
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GM Says Facebook Ads Don't Work, Pulls $10 Billion Account
Just days before Facebook?s historic stock offering, said it plans to stop advertising on the social media site, concluding that its paid ads don?t have a big impact on consumers. GM spends about $40 million a year on Facebook marketing, according to the Journal, about $10 million of which is for paid advertisements. It will ...
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GM Says Facebook Ads Don't Work, Pulls $10 Million Account
Just days before Facebook?s historic stock offering, said it plans to stop advertising on the social media site, concluding that its paid ads don?t have a big impact on consumers. GM spends about $40 million a year on Facebook marketing, according to the Journal, about $10 million of which is for paid advertisements. It will ...
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Former Ford CEO Red Poling is dead at 86
Harold A. ?Red? Poling, former chairman and chief executive of , died over the weekend in California. He was 86. Poling, who retired in 1994, was instrumental in turning around Ford?s North American operations in the early 1980s when Japanese competitors were clobbering domestic carmakers. Poling focused on cutting costs and restoring quality, and enlisted ...
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On Heels Of Record Health IT Funding, Castlight Health Recruits Former Medco Executive
Founded only four years ago, Castlight is fast establishing itself as the leader in a field rarely associated with health care: cost transparency. The , Calif.-based company offers employees of self-insured companies the ability to compare medical procedures based on price and quality, which vary widely within the same geographical area. Earlier this month, it ...
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Drug Companies Are Testing Health Technology
Drug companies are dipping into health technology???or at least skimming the surface. is a new player at this week's 2.0 matchmaking conference which seeks to pair health technology start-ups with deep-pocketed partners. The pharma company, which is a sponsor, says it is "interested in companies pursuing innovation/opportunities related to the digital workflow of health care ...
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Buy What You Love: The Art of Michael and Susan Hort
The walls of art collectors Susan and Michael Hort's 10,000 square-foot downtown?? apartment showcase hundreds of contemporary paintings, sculptures, video installations and photographs. The work on display is a small sample of their collection that contains well over 3,000 works. I've visited the private collection twice this spring ??? once for their annual event during ...
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