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Medtronic has eliminated two executive posts, one in cardiovascular business and one in spinal and biologics, as part of changes stemming from the company's decision to consolidate its business structure, according to a report in the Wall Street Journal.

The 21.3 percent Medicare physician fee cut automatically went into effect today, but CMS is instructing Medicare contractors to hold physicians' Medicare claims for the first 10 business days in June to give Congress a chance to avert the cut.

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