Siemens to acquire MobileMD
November 15, 2011 by letchells
Filed under Business Buzz
Siemens Healthcare has entered into a definitive agreement to acquire health information exchange (HIE) technology firm MobileMD of Yardley, PA.
MobileMD’s cloud-deployed HIE service is designed to make available patient information among healthcare providers, regardless of geographic, organizational, or health IT system boundaries, to enhance the coordination of patient care. The service [...]
Supreme Court to review healthcare reform
November 15, 2011 by letchells
Filed under Business Buzz
The U.S. Supreme Court has indicated that it will hear arguments against the Patient Protection and Affordable Care Act (PPACA) passed in 2010.
The main questions to be argued are whether the individual mandate provision of the law is unconstitutional — that is, can Congress legislate that all Americans purchase health [...]
Zonare promotes Ryland to VP post
November 15, 2011 by letchells
Filed under Business Buzz
Ultrasound technology developer Zonare Medical Systems has promoted PJ Ryland to vice president of business development and corporate accounts.
Ryland, who joined Zonare in 2005, will lead the company’s U.S.-based clinical applications group. She previously served as the company’s national accounts manager.
Prior to joining Zonare, Ryland was with Siemens Healthcare’s ultrasound division and Acuson [...]
Report: SonoSite wooing Samsung
November 15, 2011 by letchells
Filed under Business Buzz
SonoSite is reportedly up for bid and Samsung is among the potential candidates to acquire the compact-ultrasound developer, according to an article from Bloomberg.
The company is asking for second-round bids and aims to reach a sale agreement by mid-December, according to an anonymous source in the article. Bloomberg also reported that SonoSite [...]
Mindray achieves prosperous Q3
November 15, 2011 by letchells
Filed under Business Buzz
Strong sales growth in China powered medical equipment manufacturer Mindray Medical International to a double-digit increase in total revenues in the third quarter (end-September 30).
Third-quarter net revenues increased 30% to $218.4 million, compared with $168.3 million in the third quarter of 2010. International sales rose 26%, contributing $124.9 million in total revenues, [...]
MedPro Adds 4D Transducer Repair
June 14, 2011 by letchells
Filed under Business Buzz
Ultrasound dealer MedPro Imaging announced that its Advanced Probe Repair Division has added 4D transducer repair capabilities at its Longmont, CO, facility.The company also announced that it has achieved certification from the International Organization for Standardization (ISO) and will now be able to provide probe repair services to multivendor service providers, hospitals, and imaging centers. [...]
Obama Signs Bill Nixing Medicare SGR Cuts
January 25, 2011 by letchells
Filed under Business Buzz
President Barack Obama has signed into law legislation that delays for one year the scheduled 23% cut in the Medicare Physician Fee Schedule under the sustainable growth rate (SGR) formula.
The reduction would have gone into effect on January 1, 2011. The U.S. Senate and House of Representatives both passed the bill to avoid the cut [...]
European Women’s Imaging Market to Hit $1.6 Billion in 2016
January 25, 2011 by letchells
Filed under Business Buzz
The market for women’s medical imaging products is projected to grow by 26% over 2009 levels to hit $1.6 billion in sales by 2016, according to research conducted by market research firm Frost & Sullivan.
In a new report, the San Antonio based firm found that the total market for women’s imaging, including mammography, bone densitometry, [...]
St. Jude Launches Intracardiac Ultrasound, Echo Catheter
January 25, 2011 by letchells
Filed under Business Buzz
St. Jude Medical has launched its ViewMate Z intracardiac ultrasound system and ViewFlex Plus intracardiac echocardiography (ICE) catheter.
The ViewMate Z system is designed for image guidance and visualization of the cardiac anatomy, according to the St. Paul, Minnesota based company. The system is able to deliver images that help to diagnose or provide therapy during [...]
TechniScan, Womens3D Ink Breast Ultrasound Development Plan
January 25, 2011 by letchells
Filed under Business Buzz
Medical device manufacturer TechniScan has signed a $1.5 million agreement with Womens3D to co-develop a warm bath ultrasound breast imaging system. Under the agreement, Womens3D purchased a $250,000 prototype of the machine and will potentially contribute an additional $1.25 million to support the development of a specialized whole breast ultrasound system based on the TechniScan [...]