Federal Trade Commission

If there's anything the Golden Globes awards show taught us again Sunday night it is this: When big people talk, they make inordinately loud noise, no matter how high the volume on their microphones may be. Expect some loud noise soon in the long-term care arena over Omnicare's hostile takeover bid of rival PharMerica.

An agreement to exempt healthcare providers from the federal "red flags" privacy rule could be forthcoming, according to a recent report from the Bureau of National Affairs.

The Federal Trade Commission has moved the compliance deadline for its "red flags" rule to Jan 1, 2011. It was set to take effect on Tuesday.