27 Aug 2018

CIGNA, EXPRESS SCRIPTS SHAREHOLDERS APPROVE PURCHASE OF THE PBM; CLOSE EXPECTED BY YEAR’S END

  Cigna and Express Scripts shareholders approved the insurer’s $67 billion acquisition of the pharmacy benefit manager in late August. The deal still has to pass a review by the Department of Justice, but the companies said they expect it to close by the end of the year. The deal

0
13 Aug 2018

ENOUGH IS ENOUGH: MEDICAL GROUPS DEMAND HHS STOP STALLING ON INFORMATION BLOCKING

                Enough is enough. The American Academy of Family Physicians (AAFP) joined 13 other medical associations and healthcare organizations Aug. 9 in telling the federal government it has dragged out the regulation-writing process on an important topic far too long. At issue are the information blocking provisions of the 21st Century

0
10 Aug 2018

GLOBAL ULTRASOUND DEVICES MARKET ANALYZED THROUGH 2023

           A global ultrasound devices market report has added to the Research and Markets  offering. According to the “Global Ultrasound Devices Market — Segmented by Application, Technology, Type, and Geography – Growth, Trends, and Forecast (2018-2023)” report, the market is expected to register a CAGR of about 4 percent during 2018-2023. The

0
08 Aug 2018

MEDICAL GROUPS SEE PROGRESS IN CMS’s EHR APPROACH IN HOSPITAL RULE

Medical groups have applauded steps that the Centers for Medicare & Medicaid Services took to ease administrative burden through a new rule on hospital payments, while still pressing the agency for further changes in its approach to electronic health records. On Aug. 2, the CMS unveiled the final version of

0
31 Jul 2018

U.S. HEALTHCARE SPENDING NEARING 20 PERCENT OF GDP

Seeking Alpha cites a Wall Street Journal   report  on July 31 that healthcare spending in the United States will soon reach 20 percent of Gross Domestic Product, a significantly higher proportion than any other major economy. The key cost driver has been price hikes, not increased demand. Since 1960,

0
26 Jul 2018

HOUSE JOINS TRUMP IN DEMANDING END TO 2.3% MEDICAL DEVICE TAX

The House of Representatives voted overwhelmingly Tuesday to kill a sales tax on medical devices that the medical-technology industry in Minnesota and around the country have battled for nearly a decade. Republican U.S. Rep. Erik Paulsen of Minnesota’s Third District introduced the standalone repeal legislation. The bill had 277 cosponsors

0
17 Jul 2018

TELEFLEX TO ACQUIRE QT VASCULAR ASSETS, TAKES OPTION ON CHOCOLATE HEART DCB

QT Vascular has agreed to sell its non-drug coated coronary products to Teleflex, including its Chocolate XD and Glider, with an option to purchase its Chocolate Heart drug-coated coronary balloon catheter which is currently under development. Singapore-based QT Vascular has not released any financial details of the agreement, but said that it

0
17 Jul 2018

SONAVEX RECEIVES FDA CLEARANCE FOR MEDICAL IMAGING DEVICES

Canton, Ohio-based medical device startup Sonavex. A John Hopkin spinout, received clearance from the U.S. Food and Drug Administration to market implantable devices to be used with ultrasound imaging, CEO David Narrow said. The 510(k) clearance means the Johns Hopkins spinout startup has regulatory approval for its initial product. The Echomark devices are designed to

0
15 Jul 2018

GEORGIA MEDICAL LICENSING BOARD TAKES HIGH STEP AND RAP AWAY FROM THE ‘DANCING DOC’

Windell Boutte — the “Dancing Doctor” whose videos of herself rapping, dancing and groping the flesh of anesthetized patients went viral — has agreed to give up her medical license for at least two and a half years, according to an agreement filed June 29 2with the Georgia Composite Medical Board. The

0
14 Jul 2018

CMS PROPOSES HISTORIC RULE CHANGE

    The Centers for Medicare & Medicaid Services (CMS) proposed historic changes July 12 that would increase the amount of time that doctors and other clinicians can spend with their patients by reducing the burden of paperwork that clinicians face when billing Medicare. Public comments on the proposed rules

0