Briefs: Investment firm buys pharmacy

Sunday, October 31, 2010

SCOTTSDALE, Ariz. - Capital Group Holdings has acquired Newbern, Tenn.-based Main Street Pharmacy, it was announced Sept. 24. The pharmacy offers DME, compounding and home infusion services. "The acquisition of Main Street Family Pharmacy provides us with a strong foundation in the health and wellness market and will enable us to pursue additional strategic opportunities," Capital Group Holdings CEO Christopher Galvin said.

CPAP use could alter face shape

VANCOUVER, British Columbia - Patients who use CPAP therapy for more than two years could see changes in their facial structure, says a study in the October issue of Chest magazine. Researchers from the University of British Columbia, Vancouver, studied baseline and follow-up radiographs on 46 patients. They found that CPAP use could reduce maxillary and mandibular prominence by altering the relationship between the two dental arches. The researchers concluded that CPAP usage and its possible side effects needs to be studied in more depth over longer periods of time.

Mail order provider launches website

FRANKLIN, Tenn. - Diabetes Care Club in September launched a patient website,, to offer news, information and healthy recipes to people with diabetes. The fully interactive site also serves as a social network. One special feature: A certified educator who will answer questions submitted by site users. "This is more than a new website," stated Doug Hudson, CEO of Simplex Healthcare, in a release. "It's a support group where thousands of people across the country can connect with those sharing similar life experiences." Diabetes Care Club is a Simplex brand and serves more than 230,000 patients.

Fraud scheme nets provider four years

HOUSTON - The owner of a home medical equipment company has been sentenced to 46 months in federal prison and ordered to repay $937,567 to the Texas Medicaid program. Fred Jessie Cole, owner of Crusade Integrated Health Services pleaded guilty in April to 14 counts of healthcare fraud. Between May 2003 and September 2006, he billed Medicaid for incontinence supplies that were not delivered or ordered by Medicaid beneficiaries, and were not medically necessary.