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Businessmen John Knutson and JW Matheson have purchased Larsen Sports Medicine & Physical Therapy in Hudson, Wis., and will re-name the business "Catalyst," according to a Hudson Star-Observer report.

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Large-scale provider payment reforms, encouraging better patient decisions through information and changing the paradigm of the healthcare market could slow U.S. healthcare spending by $2 trillion by 2023, according to a report from The Commonwealth Fund (pdf).

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