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Magazine
Toxic workplaces reflect leadership failure
By Modern Healthcare | August 30, 2014 | Print Magazine Print Magazine Subscription Details
Regarding the recent commentary “Toxic workers put organizations at risk”, toxic behavior can also be linked to the “fear factor,” which is alive and well in healthcare organizations.
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News
Covidien continues shopping spree with vein device purchase
By Bob Herman | August 28, 2014 | Basic Web Basic Web Subscription Details
Covidien, like its soon-to-be acquirer Medtronic, has bought its second medical company within the past week. The Ireland-based supplier said Thursday that it took over Sapheon, a Morrisville, N.C.-based manufacturer of devices that help treat venous diseases.
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News
Medtronic buys Italian hospital services company
By Jaimy Lee | August 27, 2014 | Basic Web Basic Web Subscription Details
Medtronic made its second deal this week, announcing a $350 million acquisition of an Italian operator of cardiovascular suites, operating rooms and intensive-care units.
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News
Device industry feeling the pinch
August 26, 2014 | Basic Web Basic Web Subscription Details
Regarding “Audit: Obamacare medical-device tax not meeting revenue target”: As a person who has worked for more than one medical-device manufacturer over the past 25 years, this article is spot on.
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News
Medtronic hits the buying trail again, snaps up Dutch devicemaker
By Jaimy Lee | August 26, 2014 | Basic Web Basic Web Subscription Details
Medical-device manufacturer Medtronic has made another deal, this time announcing plans to spend $200 million in cash to acquire a Dutch developer of deep-brain stimulation technologies.
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News
Senators call for FDA action on power morcellators as controversy continues
By Darius Tahir | August 20, 2014 | Basic Web Basic Web Subscription Details
As the Food and Drug Administration considers whether to end or restrict the use of laparoscopic morcellators, New York's two Democratic U.S. senators are calling on the agency to pull them from the market until regulators have further studied the technology's potential to spread cancer during...
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News
Invacare laying off 190 as part of restructuring
By Jaimy Lee | August 20, 2014 | Basic Web Basic Web Subscription Details
Invacare Corp., an Elyria, Ohio-based manufacturer of wheelchairs and hospital beds, said it plans to lay off 150 employees and 40 temporary employees as part of a restructuring initiative that is expected to bring in about $15 million in pre-tax savings.
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Information
Audit: Obamacare medical-device tax not meeting revenue target
By Associated Press | August 19, 2014
An Obamacare tax on medical devices is falling short of its revenue target because thousands of companies aren't paying it, according to a government audit released Tuesday.
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News
Despite noted revenue growth, Medtronic sees drop in profits
By Jaimy Lee | August 19, 2014 | Basic Web Basic Web Subscription Details
Medical devicemaker Medtronic reported a drop in profits even as the company enjoyed what CEO Omar Ishrak described as its “highest revenue growth performance in five years.” The Minneapolis-based company disclosed no new information about its pending deal to acquire Irish medical...
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Magazine
Devicemaker sales reps being replaced in the OR | Hospitals train staff to take over OR role of helping surgeons
By Jaimy Lee | August 16, 2014 | Print Magazine Print Magazine Subscription Details
To cut the price of orthopedic implants and curb the influence of manufacturers, some hospitals are training their own employees to provide technical assistance to operating room staff, displacing company sales representatives who have offered this service to surgeons for decades.
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