Some 55 U.S. hospitals agreed to pay a total of $34 million to settle U.S. Justice Dept. charges that they overcharged Medicare for Medtronic's (NYSE:MDT)'s kyphoplasty spine procedure, acquired in the $3.9 billion buyout of Kyphon in 2007, the Justice Dept. said today.
Minnesota medical device giant Medtronic (NYSE:MDT) confirmed today that it recalled certain of its already-troubled Infuse spinal fusion surgery kits after learning of possible contamination in sponges manufactured by Integra Lifesciences.
Healthsense, Inc. has announced that it has acquired WellAware Systems in a move that will increase the capabilities of its technology-enabled services platform and deliver even greater value to its senior living and managed care customers.
Covidien could wind up stuck with its share of a $1.07 billion tax bill, after the IRS told its former corporate parent, Tyco International, that tax deductions it took from 1997 to 2000 will be disallowed, according to a regulatory filing.
SpineGuard announced today that it has obtained regulatory clearance from COFEPRIS (the Mexican healthcare regulatory authority) to sell its Cannulated PediGuard® device in Mexico. SpineGuard has previously received clearance for its Classic PediGuard device, and over 50 Mexican spine surgeons have been trained on the technology.
To unlock the potential of more frequent therapy, medical devices must move out of the doctor’s office and travel with patients to their homes and offices. But, this great opportunity is not without its challenges. The same patient who stands to reap great benefit from a home medical device may instead endanger themselves by applying the device incorrectly.
Enabling the delivery of a drug directly to the treatment area significantly enhances effectiveness. Today, innovative new devices incorporating drug-loaded fibers into implantable textile structures have the potential to deliver this type of benefit to an array of therapeutic treatments.
Numotion, formerly ATG Rehab and United Seating & Mobility, announces its acquisition of ATS Wheelchair and Medical, a custom mobility and medical supplies provider based in Boise, ID. ATS was founded by Robert Krogh and Leslie Rigg in 1988, and over the years it has become a leading provider of rehabilitation products and medical supplies to clients throughout the state.
Long-term hearing loss from loud explosions, such as blasts from roadside bombs, may not be as irreversible as previously thought. Using a mouse model, the study found that loud blasts actually cause hair-cell and nerve-cell damage, rather than structural damage to the cochlea.
A spinal cord injury changes the functional state and structure of the spinal cord and the brain. For example, the patients' ability to walk or move their hands can become restricted. How quickly such degenerative changes develop, however, has remained a mystery until now.
A study by researchers at Hospital for Special Surgery has provided the first evidence that the shape of a person's knee could be a factor in the decision of whether a patient should undergo anterior cruciate ligament reconstruction after an ACL tear.
Montage Healthcare Solutions, Inc., a provider of search-driven radiology analytics and data mining tools, announces that more than 27 healthcare organizations have added Montage Search and Analytics to their Nuance PowerScribe 360|Reporting workflow. By tightly integrating these solutions, radiologists can have more data in their hands to optimize decision-making during the dictation process.
ArthroCare Corp. (NASDAQ: ARTC), a leader in developing state-of-the-art, minimally invasive surgical products, today announced that it has completed the acquisition of ENTrigue Surgical, Inc., a privately held Delaware corporation (“ENTrigue”), in an all cash transaction.
For leaders of companies looking back on 50 years of existence, Cook Group President Kem Hawkins and Chairman Steve Ferguson spend a lot of time talking about the future. "I think everybody understands here that new products and new treatments for patients are the key to our success," Ferguson told The Herald-Times. "And longevity."
Guided Therapeutics and I.T.E.M. Medical Technologies Group Announce Turkish Ministry of Health Sponsored Cervical Cancer Prevention Program Involving the LuViva® Advanced Cervical ScanJuly 2, 2013 8:29 am | by Business Wire | News | Comments
NORCROSS, Ga. & ANKARA, Turkey--(BUSINESS WIRE)--Jul 2, 2013--First graph, second sentence should read: The program for 2013 and 2014, to be funded by Turkey’s Ministry of Health (sted The program for 2013 and 2104). The corrected release reads: GUIDED THERAPEUTICS AND...