Medical Tidbits, Medtronic Announces Double-Digit Increase in Cash Dividend; Reaches 40 Percent Payout Ratio

clinical trials, jobs in the medical field

he board of directors of Medtronic plc (NYSE: MDT) today approved a 13 percent increase in its quarterly cash dividend, raising the quarterly amount to $0.43 per ordinary share. This would translate into an annual amount of $1.72 per ordinary share. Today’s announcement marks the 39th consecutive year of an increase in the dividend payment for Medtronic, a constituent of the S&P 500 Dividend Aristocrats index. Including today’s increase, Medtronic’s dividend per share has nearly quadrupled over the past decade and has grown at an 18 percent compounded annual growth rate over the past 39 years. read more

The World Stroke Organization (WSO) today announced a global partnership with Medtronic plc (NYSE:MDT) to increase stroke awareness through several initiatives. The two organizations will work together to educate, raise awareness and support effective management of patients who have strokes.

The partnership, announced at the 2016 Annual Scientific Session of the Chinese Stroke Association (CSA) and Tiantan International Stroke Conference (TISC) in Beijing, will focus on continued growth of stroke awareness through the Stroke is Treatable World Stroke Day campaign; implementation of the WSO’s new global stroke services guidelines: The Roadmap to Delivering Quality Stroke Care; and, supporting WSO’s global clinical educational programs including the World Stroke Academy and teaching courses.

AMA: California Issuance Commissioner Takes Right Approach to Protect State from Anthem-Cigna and Aetna-Humana Mergers

Statement attributed to Andrew W, Gurman, President, American Medical Association

“The American Medical Association applauds California Insurance Commissioner Dave Jones for taking a strong stand to prevent a near total collapse of competition in the state’s health insurance market. He has taken the right approach to protect California by opposing the Anthem-Cigna and Aetna-Humana mergers.

“The AMA agrees with Commissioner Jones that the mergers would very likely raise premiums above competitive levels and reduce the quality of health care. He was also right in finding that any efficiency savings achieved in the mergers would not likely be passed along to patients. His finding is supported by economic studies suggesting that health insurance companies use monopoly power gained from mergers to charge higher prices for health insurance.

Congressmen Kind, Young Issue Letters of Support for Pharmacists’ Legislation

WASHINGTON, DC – Representatives Todd Yong (R-IN) and Ron Kind (D-WI)  issued statements this week to the United States House of Representatives’ Ways and Means Subcommittee on Health in support of pharmacists having a larger role in health care as part of a hearing on legislation to improve and sustain the Medicare program. read more

Study: Gum Disease May Increase Lung Cancer Risk

An analysis of existing research reveals possible link between periodontal disease and the leading cause of cancer death

Chicago (June 23, 2016) —Chinese researchers have found that individuals with periodontal disease—also known as gum disease—might be at an increased risk of developing lung cancer. The report, published ahead-of-print in the Journal of Periodontology , found that individuals with periodontal disease have a 1.24-fold increased risk of developing lung cancer.

In the report, titled “Periodontal Disease and Incident Lung Cancer Risk: A Meta-Analysis of Cohort Studies,” the authors assess the findings of five cohort studies that evaluated 321,420 participants. The analysis notes an increased risk even after adjusting for participants’ alcohol consumption and smoking habits, both of which are common risk factors for periodontal disease. Study participants who were drinkers, smokers, and had been diagnosed with diabetes—which is an independent risk factor for both lung cancer and periodontal disease—demonstrated a 1.36-fold increase in lung cancer risk.

 

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