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Medical Equipment

First blood test to help diagnose brain injuries gets U.S. OK

First blood test to help diagnose brain injuries gets U.S. OK

The test doesn't detect concussions and the approval won't immediately change how patients with suspected concussions are treated. But it allows Banyan Biomarkers to commercialize its test, giving the company an early lead in the race to find a way to diagnose concussions.

Hill-Rom Holdings CEO to retire

Hill-Rom Holdings CEO to retire

Hospital bed supplier Hill-Rom Holdings said today that CEO John J. Greisch will retire. The Chicago-based company has begun a search for a new CEO and expects to complete it in the April-to-June quarter.

CMS moves to reduce Medicaid spending on medical equipment

CMS moves to reduce Medicaid spending on medical equipment

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.

Coming soon to a strip mall near you: An MRI provider

Coming soon to a strip mall near you: An MRI provider

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.

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