Industry News Archives | Page 13 of 21

October232018November292024

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…

October162018October162018

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…

CYBER ATTACK FEAR LEADS TO MEDTRONIC DISABLING PACEMAKER INTERNET UPDATE

Medtronic has disabled the internet update functionality of two of its CareLink devices used to program pacemaker implants amid concerns that they may be susceptible to cyberattacks, according to a letter from the medtech giant to healthcare professionals. Vulnerabilities had been identified…

FORMER GE HEALTHCARE VALUE-BASED CARE SOLUTIONS GROUP REBRANDS AS VIRENCE HEALTH TECHNOLOGIES

The Value-Based Care Solutions Group, recently acquired by Veritas Capital from GE Healthcare, today announced its rebranding to Virence Health Technologies. The company is a leading software provider that leverages technology and analytics to help healthcare providers across the continuum…

CMS ANNOUNCES PARTICIPANTS IN NEW VALUE-BASED BUNDLED PAYMENT MODEL

On Oct. 9, the Centers for Medicare & Medicaid Services (CMS) announced that 1,299 entities have signed agreements with the agency to participate in the Administration’s Bundled Payments for Care Improvement – Advanced (BPCI Advanced) Model. The participating entities…

CYNTHIA SHAPIRO, FNP-C JOINS AMERICAN VEIN AT HIGHLANDS RANCH CLINIC

Cynthia Shapiro, FNP-C, has joined American Vein & Vascular Institute’s Highlands Ranch clinic as a a board-certified nurse practitioner. Shapiro has 25 years of career experience in the healthcare and medical industries. American Vein & Vascular Institute is an…

FUJIFILM SONOSOFT SOLIDIFIES WORKFLOW WITH SYNCHRONICITY

FUJIFILM SonoSite Inc., developers of point-of-care ultrasound solutions, has entered the medical informatics space with the launch of SonoSite Synchronicity, designed to optimize workflows by integrating with existing data management systems and enabling the use of current user login credentials. The software can be implemented…

STUDY DEMOS EDUCATIONAL VIDEOS IMPROVES PATIENT CONSENT PROCESS, SAVES TIME, DECREASES PHYSICIAN BURNOUT

The School of Medicine at Emory University has published a study suggesting that educational videos significantly improve the patient consent process versus traditional face-to-face methods. The physicians who participated in the study also believed that they spent less time…