medical

How Inflation Affects Your Financial Future

People retiring today can expect to live another 20 years, according to Social Security figures. But in making our financial plans, we have to account for 30 more years.

More Americans Turn to Acupuncture as Medical Costs Rise

year after President Obama signed the Patient Protection and Affordable Care Act into law, many Americans are still struggling to get their insurance to cover basic medical treatments. And now Americans are increasingly exploring less expensive alternatives to traditional Western medicine -- like acupuncture.

More Proof That Whistleblowing on Medicaid Fraud Works

Whistleblowing firm Ven-A-Care has recovered $2 billion for taxpayers by suing drug companies that overcharge the government and create windfalls for participating pharmacies. It also has made $380 million for itself. What's the problem with that?

Sony Sells Professional Digital Photo Printer Business

Sony plans to sell its professional digital photo printer business to Dai Nippon Printing, the companies announced Monday. Sony will retain the right to manufacture professional-grade printers and maintain its medical related professional printing operations.

St. Jude Medical to Buy AGA Medical for $1.3 Billion

Medical device company St. Jude Medical (STJ) will buy AGA Medical Holdings Inc (AGAM) for $1.3 billion, or $20.80 per share. AGA Medical makes devices to treat heart problems through transcatheter treatments, St Jude Medical said today in a statement.

Another Year With No Social Security Benefit Increases

Inflation has remained flat, and that means Social Security recipients will get no increase in their benefits this year. As medical costs keep growing -- and after a proposed Social Security bonus failed to win approval -- that's unlikely to make retired voters happy.

Judge Approves $600 Million Botox Settlement

A federal investigation into Allergan's misleading marketing of its wrinkle-smoothing Botox medication is over after a judge in Georgia on Tuesday approved the pharmaceutical firm's decision to pay $600 million and plead guilty to misbranding the product.

Virtual Radiologic Deal: More Small-Cap Buyouts Ahead?

Virtual Radiologic provides remote diagnostic image interpretation, giving doctors anywhere fast answers about patients' medical scans. But vRad's growth hasn't been rapid enough to please the fickle market, which made it an attractive target for a private-equity buyout from Providence Equity Partners.