The Center for Health Transformation filed for bankruptcy Wednesday in Atlanta, estimating it owes from $1 million to $10 million but has only as much as $100,000 in assets. Newt Gingrich was the chief fundraiser for the group that he started eight years ago, but resigned his post when he decided to run for president. […]
General Electric Co.’s (NYSE:GE) healthcare unit followed up the announcement last week of its half-billion-dollar acquisition of cancer diagnostic company Clarient Inc. (NASDAQ:CLRT) with a new deal to acquire Orbotech Ltd. (NASDAQ:ORBK) subsidiary Orbotech Medical Solutions Ltd. The $9 million cash deal, with up to $5 million in performance-based add-ons, will expand GE Healthcare’s nuclear […]
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Shareholders of two companies set to be acquired are suing over the offers, alleging that the companies breached their fiduciary duties in agreeing to the buyouts. Investors in AGA Medical Holdings Inc. (NASDAQ:AGAM) sued in the Delaware Chancery Court over St. Jude Medical Inc.’s (NYSE:STJ) $1.3 billion offer for AGA, alleging that “the proposed transaction […]
GE Healthcare posts robust second-quarter profit and sales gains during the three months ended June 30. GE Healthcare’s second-quarter revenues and profits showed continued growth during the three months ended June 30. The medical equipment manufacturing unit of General Electric Co. (NYSE:GE) generated $4.1 billion in revenues during the quarter, a 3 percent increase over […]
The medical device industry spent at least $20 million to lobby lawmakers and federal agencies during the first quarter. The medical device industry once again spent big bucks to ensure its voice was heard in Washington during the first quarter, dropping more than $20 million on lobbying efforts for health issues at the U.S. House […]
Boston Scientific Corp. co-founder John Abele, in the second installment of a lengthy interview, on the early days with Peter Nicholas, his take on demands for increased transparency and his frustration with some of the company’s recent low points. Boston Scientific Corp. (NYSE:BSX) co-founder John Abele told us about the origins of the medical device […]
At the Abarca Forward conference earlier this year, George Van Antwerp, managing director at Deloitte, discussed how social determinants of health and a personalized member experience can improve medication adherence and health outcomes.
Patients will measure their vital signs such as blood pressure, pulse and weight, and respond to questions related to their diseases on a daily basis. A clinical care team will review the data, and will be able to use videoconferencing to further evaluate the patients.
Working with General Electric, a major maker of MRI machines, Imricor is developing a MRI-guided catheter system used to treat cardiac arrhythmia like atrial fibrillation.
MedWish International still is collecting medical supplies for victims of the Haitian earthquake while Ohio doctors, nurses and other medical professionals volunteer to help.
General Electric and Intel are teaming up on a $250 million partnership to sell high-tech medical devices that monitor the health of senior citizens in their homes to head off trips to the hospital, according to Forbes. The idea is to watch seniors who have chronic diseases, such as diabetes, for compliance to medical regimens and to […]
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