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Medicare: New payment rule boosts budgets and patient safety programs

August 5, 2013 1:50 pm | by Mass Device | News | Comments

Medicare officials released new hospital payment rules for 2014 that would increase certain budgets and take steps to implement healthcare reform measures mandated by the Affordable Care Act. CMS increased payment rates for inpatient stays at both general and long-term care hospitals and hones definitions for what types of situations merit hospital admission.

Sales are flat, profits plunge in the 2nd quarter for Symmetry Medical

August 5, 2013 12:59 pm | by Mass Device | News | Comments

Symmetry Medical saw its 2nd-quarter profits plunge more than 28% on flat sales and lowered its outlook for the balance of the year. The Warsaw, Ind.-based medical device company posted profits of $1.2 million, or 3¢ per share, on sales of $101.9 million for the 3 months ended June 29, for a top-line slip of 0.4% and a bottom-line plunge of 28.1% compared with the 2nd quarter of 2012.

J&J Pleased Chinese Anti-Monopoly Dispute Is Over

August 5, 2013 12:50 pm | by The Associated Press | News | Comments

Healthcare giant Johnson and Johnson says it is pleased to put a legal dispute behind it after a Chinese court ordered it to pay compensation to a former distributor under an anti-monopoly law. Thursday's ruling said Johnson & Johnson was guilty of "vertical monopoly" for setting minimum prices its distributors charged for surgical sutures.

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Light that Moves and Molds Gels

August 5, 2013 12:47 pm | by University of Pittsburgh | News | Comments

Some animals—like the octopus and cuttlefish—transform their shape based on environment, fending off attackers or threats in the wild. For decades, researchers have worked toward mimicking similar biological responses in non-living organisms, as it would have significant implications in the medical arena.

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Auto Lubricant Could Rev Up Medical Imaging

August 5, 2013 12:37 pm | by Sarah Yang, University of California, Berkeley | News | Comments

Engineers at the University of California, Berkeley, have built a device that could speed up medical imaging without breaking the bank. The key ingredient? An engine lubricant called molybdenum disulfide, or MoS2, which has been sold in auto parts shops for decades.

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Dentsply's Q2 earnings rise despite flat sales

August 5, 2013 12:30 pm | by Mass Device | News | Comments

Dentsply International managed to boost its 2nd-quarter profits despite flat sales, saying headwinds in Europe will push down its earnings for the rest of the year. York, Pa.-based Dentsply posted profits of $87.2 million, or 60¢ per share, on sales of $761.0 million for the 3 months ended June 30. That represents bottom-line growth of 8.0% on a 0.3% sales decline.

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TAVI: Edwards wins FDA approval to begin clinical studies of next-gen Sapien 3 valve

August 5, 2013 12:29 pm | by Mass Device | News | Comments

Medical device giant Edwards Lifesciences is powering forward with its solo-hold on the U.S. market for transcatheter aortic valve implantation systems, now preparing to launch an Investigational Device Exemption clinical trial of its next-generation Sapien 3 TAVI device.

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Not only Bone Density, but also Quality of Bone Predicts Fracture Risk

August 5, 2013 12:28 pm | by University of Eastern Finland | News | Comments

In a study carried out at the University of Eastern Finland, bone histomorphometry and infrared spectroscopy revealed abnormal bone properties in children with vertebral fractures and in children after solid organ transplantation. Bone compositional changes in children with vertebral fractures and after different types of organ transplantation have not been reported previously.

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Report: ICU Medical enters exclusive talks on private-equity buyout

August 5, 2013 12:02 pm | by Mass Device | News | Comments

ICU Medical is in exclusive talks with a Chicago-based private equity shop, GTCR LLC, about a leveraged buyout, unnamed sources told Bloomberg BusinessWeek. The private equity firm has raised up to $750 million to back the takeover, according to a person "familiar with the matter," the magazine reported.

Alere™ MobileLink Receives FDA Clearance

August 5, 2013 11:38 am | by PR Newswire | News | Comments

Alere Connect has been granted a 510(k) market clearance by the U.S. FDA for the Alere MobileLink.  The new product offering is one of Alere's connected device technologies designed to empower patients by allowing self-testing at home and delivering data quickly and seamlessly to clinical systems accessed by their healthcare providers.

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Catching Cancer Early by Chasing It

August 5, 2013 11:01 am | by American Institute of Physics | News | Comments

Reaching a clinic in time to receive an early diagnosis for cancer -- when the disease is most treatable -- is a global problem. And now a team of Chinese researchers proposes a global solution: have a user-friendly diagnostic device travel to the patient, anywhere in the world.

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Novel 3D Simulation Technology Helps Surgical Residents Train More Effectively

August 5, 2013 10:58 am | by American College of Surgeons | News | Comments

A novel interactive 3Dimensional (3D) simulation platform offers surgical residents a unique opportunity to hone their diagnostic and patient management skills, and then have those skills accurately evaluated according to a new study appearing in the August issue of the Journal of the American College of Surgeons.

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Researchers Create 'Soft Robotic' Devices Using Water-Based Gels

August 5, 2013 10:55 am | by North Carolina State University | News | Comments

Researchers from North Carolina State University have developed a new technique for creating devices out of a water-based hydrogel material that can be patterned, folded and used to manipulate objects. The technique holds promise for use in "soft robotics" and biomedical applications.

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Coating Turns Ordinary Glass into Super Glass

August 5, 2013 10:48 am | by Wyss Institute for Biologically Inspired Engineering at Harvard | News | Comments

A new transparent, bioinspired coating makes ordinary glass tough, self-cleaning and incredibly slippery, a team from the Wyss Institute for Biologically Inspired Engineering at Harvard University and Harvard School of Engineering and Applied Sciences (SEAS) reported online in the July 31 edition of Nature Communications.

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High Efficiency 22mm ECS Brushless Slotless Motor

August 4, 2013 8:28 pm | by MDT Staff | Portescap | Product Releases | Comments

Portescap has introduced the 22ECS brushless motor. Designed to deliver exceptional efficiency in high speed applications, the 22ECS runs up to 30 percent cooler than similar motors, at speeds greater than 50K RPM.

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