Hill-Rom CEO John Greisch is betting there's more money to be made in blood pressure monitors and retina-scanning devices than adjustable hospital mattresses.
The CMS will ask the White House to allow it to evaluate whether states are overpaying for medical equipment in comparison to Medicare rates. Medical equipment providers say the crackdown comes as they are already struggling financially.
Like the rest of the healthcare industry, the medical-device industry has been consolidating at a rapid clip as companies look to increase their leverage with providers.
IlliniCare, a private insurer that's part of Illinois Gov. Bruce Rauner's Medicaid managed-care overhaul, is cutting reimbursement rates to medical suppliers by up to 50%.
Norman Regional Health System is bundling its equipment purchasing to reduce costs and improve care.
More and more medical procedures are moving to the strip mall, thanks to high-deductible insurance plans that are turning patients into penny-pinchers. Hospital systems like Edward-Elmhurst Health are reacting, hedging their bets on what have been lucrative captive practices.
The controversial competitive bidding program saved the CMS $26 billion over 10 years. Yet, similar savings could be obtained through a market-based approach, a new study found.
The $2 billion acquisition of NxStage will allow Fresenius to capture market share in the home dialysis segment and capitalize on payment models that favor coordinated care, analysts said.
Blood transfusions have been a long-standing practice at health systems, despite known complications, and are believed to improve patient outcomes. A new study finds the costs and potential risks associated with the procedures outweigh the benefits.
When a team of Vanderbilt University engineers sought a way to improve the reliability of positioning systems used in delicate nose and throat surgeries, coffee was the solution. Coffee grounds, that is.
When it comes to getting emergency health services to cardiac patients, the fastest route may be as the drone flies. Recent studies in Canada and Sweden have shown some promising data with simulations of delivering care from the sky.
Henry Schein Inc. reported an increase in profit as its medical supply segment continues to grow and the company doubles down on its dental equipment business.