Business News Archives | Page 12 of 17

VIVA 2018: BTG SENTRY BIOCONVERTIBLE IVC FILTER STUDY SHOWS FLAWLESS PERFORMANCE

BTG plc highlighted the presentation of the two-year results for the SENTRY Trial at the Vascular Interventional Advances (VIVA) conference in Las Vegas. The prospective, multicenter trial of the BTG Sentry, the world’s first bioconvertible IVC filter, found that in…

CMS RELEASES FINAL 2019 PHYSICIAN FEE SCHEDULE NOV. 1

The Centers for Medicare & Medicaid Services (CMS) released the final 2019 Physician Fee Schedule (PFS) and the Quality Payment Program (QPP) rule Nov. 1. According to CMS officials, the final rule modernizes Medicare payment policies to promote access to…

AMAZON JOINS ARCADIA GROUP TO LAUNCH CHOICE

Amazon has teamed up with brand consultancy business Arcadia Group to launch a brand of consumer-use medical devices for diabetes and hypertension management, according to a MedCity report. Called Choice, the new brand will initially include blood glucose monitors and blood pressure monitors accompanied by…

36 HEALTH SYSTEMS FORM THE HEALTHCARE INNOVATORS PROFESSIONAL SOCIETY

As innovation becomes an increasingly important function at many health systems, an exclusive professional organization has formed to provide a supportive community for the chief innovation officers who lead the charge of innovation at not-for-profit organizations. Healthcare Innovators Professional Society (HIPS),…

FCT EMBRACE MARKS FUJIFILM’S ENTRANCE INTO U.S. CT MARKETPLACE

Fujifilm Medical Systems unveiled its FCT Embrace at the 2018 ASTRO annual meeting in October, marking Fujifilm’s entry into the U.S. CT market. The new system, combined with other market-leading oncology solutions, is designed to provide enhanced and efficient CT…

PHILIPS UNVEILS NEW RADIOTHERAPY IMAGING SYSTEMS

Philips released new systems for radiotherapy at the American Society for Radiation Oncology’s (ASTRO) annual meeting in October. The Big Bore RT is a dedicated CT oncology simulator with built-in technologies such as iterative model reconstruction (IMR) for improved imaging of…

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EARL E. BAKKEN: MEDTRONICS CO-FOUNDER DIES AT 94

Earl E. Bakken, co-founder of Medtronic plc, passed away peacefully on Oct. 21 at his home on Kiholo Bay on the Big Island of Hawaii. He was 94 years old. “Today we are saddened by the passing of Earl Bakken,…

HHS FINES ANTHEM $16 MILLION FOR LARGEST BREACH IN U.S. HISTORY

Anthem has been hit with a $16 million fine from the federal government as part of a settlement from its massive January 2015 breach, according to HealthData Management. That incident was a result of a cyberattack that enabled hackers…

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DRUGMAKERS FUNNEL MILLIONS TO LAWMAKERS; A FEW DOZEN GET $100,000-PLUS

By Emmarie Huetteman and Sydney Lupkin Before the midterm elections heated up, dozens of drugmakers had already poured about $12 million into the war chests of hundreds of members of Congress. Since the beginning of last year, 34 lawmakers…

TELEMEDICINE GIANT HEALTHRIGHT, 4 COMPOUNDING PHARMACIES CHARGED WITH $1 BILLION FRAUD

HealthRight CEO Scott Roix of the telemedicine company HealthRight pleaded guilty to felony conspiracy charges brought by the Department of Justice. Roix and the company also pleaded guilty to conspiring to commit wire fraud associated with a telemarketing scheme to…