NH firm drops bid to buy Fletcher Allen’s outpatient dialysis clinic

first_imgThe Vermont Department of Banking, Insurance, Securities & Health Care Administration (BISHCA) today announced that Bio-Medical Applications of New Hampshire has withdrawn its application to purchase Fletcher Allen Health Care’s outpatient dialysis clinics.  Bio-Medical Applications, a for-profit company, is a wholly-owned subsidiary of Fresenius Medical Care Holdings, Inc., itself a wholly-owned subsidiary of a German corporation.The withdrawal of the application for a Certificate of Need approving the sale follows the release by BISHCA of a proposed Statement of Decision denying approval on the grounds that the sale would result in lower quality services at higher cost without any improvement in access to care.  ‘Bio-Medical’s decision to withdraw closes the docket in this matter,’ said Clifford Peterson, BISHCA’s General Counsel. ‘The Department will work with Fletcher Allen to assure continued delivery of high quality outpatient dialysis treatment to Vermonters.’ BISHCA 12.19.2011last_img read more

Wage subsidy may continue into next year, minister says

first_imgSome 15.7 million workers earning less than Rp 5 million (US$339.6) and who are registered with the Workers Social Security Agency (BPJS Ketenagakerjaan) will receive Rp 600,000 in monthly assistance over four months. The government has allocated Rp 37.7 trillion from the state budget for the program.The government started the cash aid disbursement last week as part of its latest measure to boost consumer spending. It had transferred the aid to 1.9 million workers as of Wednesday, according to Manpower Minister Ida Fauziyah as reported by kompas.com.The government has allocated Rp 695.2 trillion in stimulus to jack up the economy, which is expected to shrink by 1.1 percent at worst or grow by 0.2 percent at best this year, marking the worst economic performance since the 1998 Asian financial crisis.The economy contracted 5.32 percent in the second quarter as household spending, which accounts for more than half of Indonesia’s gross domestic product (GDP), shrank by 5.51 percent.Despite the falling consumer spending, the government had only disbursed around 28 percent of the stimulus as of Sept. 2, five months after the start of the outbreak, as red tape and a lack of citizens’ data held up the release of the much-needed assistance.Topics : The government’s wage subsidy program may continue into next year as the government works to boost people’s purchasing power and stimulate consumer demand, State-Owned Enterprises (SOEs) Minister Erick Thohir said on Wednesday.“We are hoping that if the program turns out to be effective, we can continue it [next year]. But the decision now is that the program will run until December,” he told reporters on Wednesday.The government will transfer the cash aid for millions of workers in September or October, as well as in November or December, he went on to say.last_img read more

Dominica to assist India with pharmaceuticals

first_img Share 37 Views   no discussions Tweet LocalNews Dominica to assist India with pharmaceuticals by: – April 15, 2011 Sharecenter_img Sharing is caring! Share Indian High Commissioner Mala Mishara. Photo credit: dominica.gov.dmThe government of Dominica could soon be providing assistance to India in the health care sector.Indian High Commissioner to Dominica Mala Mishra says the Dominican government has proposed assistance in area of pharmaceuticals.He was addressing a press conference on Thursday.“Dominica has proposed to us some assistance by the way of supply of medicine. This is under active consideration by our government. India is one of the most important producer and exporter of pharmaceuticals in the world…we produce and export to the world to the tune of 12 billion dollars.He said India will also be seeking ways to export more of its pharmaceuticals to Dominica and the region by extension.Dominica Vibes Newslast_img read more