Daily business briefing: Hospitals improve patient safety

May 7, 2014 

Due to a quality improvement partnership between industry and federal agencies, the government says hospitals are becoming safer for patients. According to the Dpeartment of Health and Human Services, adverse events such as medication mistakes, falls and infections went down by 9 percent from 2010 to 2012, which prevented almost 15,000 deaths and saved $4 billion in costs. Find out more at http://www.bnd.com/business. ...

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Anheuser-Busch InBev reported its first-quarter revenue went up by 15.7 percent over the first quarter of 2013, the St. Louis business Journal reports. But the brewer's profit for the quarter fell by 33 percent. Read more at http://www.bizjournals.com/stlouis. ...

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Internet company shares have been falling. Social media outlet Twitter reported an 18 percent plunge in its share price Tuesday. Learn more at http://www.bnd.com/business. ...

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Chinese company Alibaba Group is on the verge of introducing one of the biggest IPOs in history. The company filed for an initial public offering of stock in the United States that could surpass the $16 billion that Facebook raised two years ago. For more information, go to http://www.bnd.com/business.

-- Will Buss, BND business writer

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