Morning Breakouts

Latest California Healthline Stories

State Remains Biotech Leader

The industry generated $62 billion in revenue for the state last year but has not broken even or made a profit since its inception 30 years ago. AP/Ventura County Star, Los Angeles Daily News.

Stem Cell Agency Contractor Folds

The California Institute for Regenerative Medicine now owns the computer codes that will allow it to develop the system the now defunct Arlington Group had contracted to build, said CIRM President Zach Hall. San Diego Union-Tribune.

Medicare Rules Would End Referral Loopholes

Current Medicare rules permit a practice called “self-referral,” in which a physician has a financial interest in ordering certain tests for patients, but CMS is considering revisions that would prohibit providers from billing Medicare at a higher rate than it costs the provider to conduct the test. Wall Street Journal.

Similarities, Differences in Candidates’ Health Care Positions

Democratic gubernatorial nominee Phil Angelides and Gov. Schwarzenegger both say they support universal health insurance coverage for children, but Schwarzenegger cited cost concerns when he vetoed a bill that would have expanded coverage. Sacramento Bee.