Among today’s current medical news, Eisai expects to cut about 900 jobs as the pharmaceutical company faces generic competition for Alzheimer’s disease drug Aricept.

Samuel D. Waksal, the former chief executive of biotechnology company ImClone Systems who spent five years in federal prison for insider trading is mounting an audacious effort at redemption, again in biotechnology, the New York Times reports.

NovoLogix Inc. is not the easiest company to understand. But it does have a colorful past and an intriguing future.Once a $400 million force in the home-health care market, the former Ancillary Care Management has remade itself into a software-as-a-service company that focuses on helping payers manage claims relating to fast growing demand for expensive [...]

Ohio is the main beachhead to test the Web-based Quicken Health Expense Tracker. Medical Mutual is among the insurers who will give all its customers access, it and plans to be the first insurer to let patients pay physicians through the software. Intuit and the insurers are both promising a new approach for patients and a painless transition for physicians.

Drug companies are beginning to base the prices of their products on how well they improve patients’ health. Health insurer CIGNA and drug maker Merck announce the latest agreement. Last week, it was Proctor & Gamble and Sanofi-Aventis.

The American Medical Association announced today it joined with state medical associations on the East Coast and the South to sue Aetna Health and CIGNA, saying the two health-insurance companies dramatically under-reimburse physicians.