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DaimlerChrysler on Monday announced an pact to deliver up 80% of the Chrysler Catalogue to reclusive equity firm Cerberus Cardinal Government, a take off for that will allow DaimlerChrysler to privileged vigorousness care and annuity liabilities for Chrysler employees and retirees, the Washington Register reports. Under the agreement, Cerberus will pay DaimlerChrysler $1.35 billion and contribute $6.05 billion to Chrysler (Freeman/Russakoff, Washington Postal service, 5/15). Chrysler, which wishes happen to Chrysler Holding, will assume all of the estimated $19 billion in health be responsible for and pension liabilities for employees and retirees represented by the United Auto Workers (Vlasic, Detroit News, 5/15).

UAW President Ron Gettelfinger said that the covenant was “in the tucker arouse of our membership” (AP/New York Times, 5/15). According to Gettelfinger, who previously opposed the sale of Chrysler, DaimlerChrysler CEO Dieter Zetsche and Chrysler CEO Tom LaSorda on Saturday told him that “the status quo for the Chrysler Assortment was no longer an option” (Chon et al., Wall Street History, 5/15). Cerberus likely pass on ask UAW to renegotiate constitution and pension benefits as a remedy for Chrysler employees when their widespread contract expires in September, or perchance earlier (Washington Fill someone in on, 5/15). Cerberus Position John Snow, a former secretary of the Department of the Treasury, said he plans to address the contend in the next hardly months (Detroit News, 5/15).

Analyst Comments
Himanshu Patel, an analyst for JPMorgan Securities, said that the decision by Cerberus to acquire Chrysler “with its current pension/health care liabilities but without an apparent new labor contract in place” is “a positive sign for the Big Three’s labor restructuring efforts” (Healey et al., USA Today, 5/15). Brian Johnson, an analyst for Lehman Brothers, said, “Cerberus brings a fresh perspective and likely a stronger backbone to union negotiations.” Jonathan Steinmetz, an analyst for Morgan Stanley, added that the sale of Chrysler makes UAW more likely to agree to concessions on health benefits (AP/New York Times, 5/15).

Automakers Consider Goodyear Agreement
Chrysler, GM and Ford — which have a combined $95 billion in current and future health care liabilities — have begun to discuss a plan similar to an agreement between Goodyear Tire & Rubber and the United Steelworkers of America to reduce their liabilities, according to three individuals familiar with the situation.

Under the agreement, Goodyear transferred $1.2 billion in current and future health care liabilities to a trust fund managed by the union. In exchange, Goodyear established a $1 billion fund to pay medical costs and agreed to invest at least $550 million in manufacturing facilities represented by the union. The agreement eliminated “uncertainty over whether health care costs would rise faster than projected, along with the possibility of a future face-off with the union over benefits” offered by Goodyear, the Journal reports.

One individual familiar with the situation of the automakers said that the “highest levels” of the companies have begun to discuss “doing something like the Goodyear deal.” JPMorgan Chase has estimated that the establishment of a similar trust fund managed by UAW cost the automakers between $55 billion and $65 billion (Wall Street Journal, 5/15).

Broadcast Coverage
Several broadcast programs reported on the agreement. Summaries appear below.

• American Public Media’s “Marketplace Morning Report”: The program included a discussion with John Reed, a car industry correspondent for the Financial Times (Thomas, “Marketplace Morning Report,” American Public Media, 5/14). Audio and a transcript of the segment are available online.
  
  
• CBS’ “Evening News”: The segment includes comments from Zetsche; Snow; Peter Morici, an economist at the University of Maryland; Lee Iacocca, former chair of Chrysler; and Chrysler employees (Mason, “Evening News,” CBS, 5/14). Video of the segment is available online. “Evening News” also reported on the effect of the agreement on negotiations with UAW on health and pension benefits. The segment includes comments from John McElroy, an auto industry analyst, and Sen. Debbie Stabenow (D-Mich.) (Cordes, “Evening News,” CBS, 5/14). Video of the segment is available online.
  
  
• NPR’s “All Things Considered”: The segment includes a discussion with NPR correspondent Frank Langfitt and comments from Gettelfinger (Norris, “All Things Considered,” NPR, 5/14). Audio of the segment is available online.
  
  
• PBS’ “NewsHour with Jim Lehrer”: The segment includes comments from Jurgen Schrempp, chair of Daimler-Benz; Robert Eaton, chair of Chrysler; Zetsche; Snow; and Gettelfinger (Warner [1], “NewsHour with Jim Lehrer,” PBS, 5/14). The program also included a discussion with Andrew Ross Sorkin, a reporter who covers mergers and acquisitions for the New York Times, and Csaba Csere, editor in chief of Car and Driver magazine (Warner [2], “NewsHour with Jim Lehrer,” PBS, 5/14). Audio and a transcript of the segments are available online.

“Reprinted with permission from http://www.kaisernetwork.org. You can view the entire Kaiser Common Condition Strategy Report, search the archives, or sign up for email delivery at http://www.kaisernetwork.org/dailyreports/healthpolicy. The Kaiser Always Health Scheme Write-up is published in the course of kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation . © 2005 Bulletin Board Convention and Kaiser Family Base. All rights reserved.

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Washington – As medical liability insurance costs for doctors in nursing homes at to rise dramatically, Senator Larry Craig, chairman of the U.S. Senate Staunch Committee on Aging, announced his committee devise quiz a aptitude critical time over the extent of nursing home patients at a hearing titled “Medical Liability in Long-Qualifications Care: Is Escalating Litigation a Threat to Quality and Access?” It will be held Thursday, July 15, at 2:00 p.m. in office 628 of the Dirksen Senate Business Building in Washington, DC.

According to a survey released earlier this year by the American Medical Directors Confederation, over 20 percent of physicians who drill equal in nursing homes interviewed said they had problems obtaining or renewing their medical liability indemnification in the past year. Of those doctors, more than 30 percent said insurers refused to cover them because they put to good in nursing homes and more than 12 percent of those physicians said that cover carriers had pulled old-fashioned of the nursing home market in their areas.

In some cases, doctors working in nursing homes have seen their warranty premiums skyrocket from $3,500 a year to $35,000 a year – even when they did not have any lawsuits or claims made against them.

Thursday’s hearing comes just as the Senate is considering legislation to shift many class-action suits to federal courts in an effort to stop lawyers from seeking easier state courts that are known to hold abroad huge awards. A similar bill has passed the Household and the bill before the Senate has the support of more than 60 senators.

Tuesday’s hearing on be webcast included the “Hearings” section of the Aging Committee’s website and available for viewing later at http://aging.senate.gov. Prepared prove testimony bequeath be readily obtainable on that website without delay the hearing begins. An audiocast of the hearing may also be available – during the hearing only – on the C-SPAN “hearings” website, located at http://www.capitolhearings.org.

Witnesses:

• J. Norman Estes, President and CEO, Northport Health Services -NHS Management, Tuscaloosa, Alabama

• Theresa Bourdon, Managing President and Actuarial, Aon Risk Consultants Inc., Columbia, Maryland

• James E. Lett II, Immediate Prior President, American Medical Directors Association, Carmichael, California

• David Stevenson, Assistant Professor, Harvard University, Cambridge, Massachusetts

• Marshall B. Kapp, Distinguished Professor of Law and Remedy, Southern Illinois University – Middle school of Law, Carbondale, Illinois

• Lawrence M. Cutchin, MD, President, North Carolina Medical Society, Tarboro, North Carolina

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Some women who receive treatment for breast cancer also face higher bravery risks. Howsoever, with good management these risks are generally reversible, according to a memorize published in the Journal of Clinical Oncology, August 14 issue.

There are two articles in the latest issue of the paper, and they grief the importance of monitoring boob cancer patients who take Herceptin as well as those undergoing radiotherapy.

The first article refers to a study carried out at M.D. Anderson Cancer Center, Houston, Texas. Chief author, Dr. Esteva, said “We looked at long-in the matter of a payment use of Hercpetin and found that, smooth though cardiac toxicity was considerable, the side effects can be successfully treated, which was not clearly known. In myriad patients who were responding to the treatment, the cardiac toxicity was reversible. It is something that can be managed and the patients can go back on Hercptin – and many of them did.”

Herceptin has significantly improved the prognosis of women who advance more aggressive knocker cancers – HER2-positive metastatic breast cancer.

The researchers looked at 218 women with metastatic breast cancer. All of them had been taking Herceptin for an average of 21 months, not any of them had been compelling Herceptin for less than one year. 173 of them had cardiac problems. The researchers followed up on these women for a period of practically three years. 28% of all the patients au fait a cardiac circumstance – one died.

The researchers found that if diagnosed in lifetime, Herceptin can be withdrawn and then normally reinstituted when the woman has been treated for the cardiac happening. It is mighty that the patients have a baseline cardiac assessment before starting Herceptin treatment and are followed by a cardiologist who knows about each case, say the researchers. One has to be utter careful in administering these drugs, they say.

The other study build that women who received radiotherapy on the left side of their chest had a significantly greater endanger of experiencing nitty-gritty cancer during the following two decades when compared to women who received the treatment on the legal side of their chests.

The researchers looked at 961 women, all with anciently spot bust cancer. 477 of them had it on the right side, while 484 had it on the socialistic. They were all treated with radiotherapy during the aeon 1977-1994. Within twenty years of receiving the radiotherapy…

Women who received radiotherapy on the right side of their chests

– 3.6% died as the result of some courteous of heart problem
– 10% had coronary artery bug
– 5% had a heart attack

Women who received radiotherapy on the sinistral side of their chests

– 6.4% died as the consequence of some kind of hub problem
– 25% had coronary artery malady
– 15% had a heart attack

The researchers be convinced of the risks wish be smaller as radiation therapy targeting improves.

Experts say women undergoing treatment quest of breast cancer should look at reducing other danger factors for the nub, such as making positive their blood pressure is conformist, keeping an glad eye on their bodyweight and not smoking.

Long-An arrangement Cardiac Tolerability of Trastuzumab in Metastatic Breast Cancer
Journal of Clinical Oncology, 10.1200/JCO.2005.04.9551
Click here to see abstract online

Which Breast Cancer Patients Should Really Worry About Radiation-Induced Heart Complaint – And How Much?
Journal of Clinical Oncology, 10.1200/JCO.2006.07.7909
Full Text (PDF)
This is an editorial and, as such, does not have a full synopsize

Written by: Christian Nordqvist
Editor: Medical Message Today

View anaesthetize facts on Herceptin.

Copyright: Medical Gossip Today

Not to be reproduced without permission of Medical News Today

New findings recommend that numerous women live a special form of pith disease that is harder to detect and have led researchers to call for improved treatment and inhibition strategies, the Wall Street Journal reports (Winslow, Divider Street Annal, 2/14). According to check out released earlier this month by NIH, as many as three million women in the U.S. might oblige a cardiovascular adapt called coronary microvascular syndrome that places them at higher risk of a hub corrode but frequently goes undiagnosed because its symptoms do not turn up on an angiogram. The condition causes plaque to accumulate evenly inside the major arteries and smaller blood vessels or the arteries to go wrong to expand correctly or go into spasm, the findings corroborate. Other symptoms include tire, upset stomach and misery in the jaw or shoulders. However, because assorted women with symptoms do not show signs of blocked arteries on standard tests, doctors sometimes send them home without treatment or refer them to psychiatrists. The findings, which come up in a epilogue to the Feb. 7 issue of the

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More than 6.4 million older Americans live with eidolon waste and be familiar with problems when performing everyday tasks, such as reading and driving.

As a follow-up to ‘Older Americans Month,’ the University of Houston’s College of Optometry and Prevent Blindness Texas are teaming up to present a inseparable-day conference focusing on vision problems associated with aging.

Held from 8 a.m. – 5:30 p.m., Saturday, June 16 at the Hilton UH Breakfast, the Texas Multidisciplinary Low Idea Symposium is free to the public. Arrange is available on a first-come, first-served heart. Registration is encouraged by e-send at optce@uh.edu.

“The Continuum of Heed,” the article as a remedy for the symposium, will double problems ranging from macular degeneration, which is the leading cause of vision impairment in Americans ancient 65 and older, cataracts solutions and tips for improving day after day life.

“There are some exceedingly small things that can elect a tremendous difference,” said Dr. Lylas G. Mogk, the keynote orator for the symposium. “You have occasion for to should prefer to acceptable light for anything you yen to do, not solely reading. You need deviate from. If you’re chopping onions, do it on a gloomy venomous board, and if you’re chopping meat, do it on a drained cutting board. You for to adulterate the flame. Work sunglasses with yellow, orange and amber tones to cut the shine without cutting the brighten.”

The symposium will sell seminars with prefatory information pro the public and more complex dirt for professionals.

Featured speakers subsume perseverance heavyweights, such as Mogk, also a practicing ophthalmologist, author and chair of Academy of Ophthalmology’s Low Revenant Rehabilitation Board, and Greg Goodrich, managerial researcher with the Veterans Administration, originator and principle investigator on numerous illusion rehabilitation projects.

WHAT:
Texas Multidisciplinary Despicable Plan Symposium

WHEN:
8 a.m. – 5:30 p.m., Saturday, June 16

WHERE:
Hilton University of Houston Motor hotel

WHO:
UH College of Optometry

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Article adapted by Medical News Today from original compress emancipate.
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To manifest, contact the UHCO CE Office via e-mail at optce@uh.edu.

For directions and parking information, upon http://www.uh.edu/campus_map/buildings/CHC.html.

For more information on Foil Blindness Texas, visit http://www.preventblindness.org/TX/. For more advice on the UH College of Optometry, pop in http://www.opt.uh.edu/.

Contact: Ann Holdsworth

University of Houston