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Bayer to stop sales of birth control device tied to injuries

Bayer to stop sales of birth control device tied to injuries

By Associated Press  |  July 20, 2018

The maker of a permanent contraceptive implant subject to thousands of injury reports from women and repeated safety restrictions by regulators said Friday that it will stop selling the device in the U.S.

Abbott's choice: acquire more businesses now or pay later

Abbott's choice: acquire more businesses now or pay later

By Joel Cahill  |  June 18, 2018

Abbott Laboratories needs to decide whether to jump back into the merger arena or rely on internal revenue sources to drive growth and support Abbott's shares, which have leveled off since climbing 40% to a five-year peak of $63.62 during the 12 months ended in March.

CMS considers paying for medical device that treats depression

CMS considers paying for medical device that treats depression

By Virgil Dickson  |  June 01, 2018

The CMS is considering covering a brain stimulation therapy device that helps treat depression in patients who don't respond to other treatments. Hospitals could receive up to $30,000 per patient if the agency covers the device.

Providers expect Amazon to lower medical supply prices

Providers expect Amazon to lower medical supply prices

By Alex Kacik  |  May 14, 2018

Sixty-two percent of health system executives support Amazon's growing presence in the medical supply sector and nearly the same amount said the company could successfully deliver supplies faster and at a lower price, according to a new survey.

Hill-Rom names new CEO

Hill-Rom names new CEO

By Evonne Liu  |  April 27, 2018

Chicago-based hospital bed and medical device supplier Hill-Rom Holdings appointed John Groetelaars president and CEO, effective May 14.

Alere to settle False Claims Act allegations for $33.2M

Alere to settle False Claims Act allegations for $33.2M

By Alex Kacik  |  March 23, 2018

The U.S. Justice Department settlement involves claims that Alere, which was acquired by Abbott Laboratories last year, sold its Triage-branded devices to hospitals from 2006 to 2012 despite customer complaints warning of erroneous results.

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