B-K Medical’s Flex Focus Mobile Ultrasound Scanner Wins Red Dot Product Design Award
June 28, 2010 by letchells
Filed under Business Buzz
The Flex Focus™ mobile ultrasound scanner, designed by B-K Medical, has received a 2010 Red Dot Product Design Award. The Red Dot Award, given by Germany’s Design Zentrum Nordrhein Westfalen, is one of the largest and most renowned product design awards in the world. This year, an expert panel of jurors evaluated 4252 entries based [...]
GE Targets Ultrasound Energy Reduction
June 28, 2010 by letchells
Filed under Business Buzz
GE Healthcare is joining with other medical device manufacturers to commit to a 25% reduction in average energy consumption of new ultrasound products by 2012.
With support from the European Commission, GE and a group of 10 other medical device firms within the European Coordination Committee of the Radiological, Electromedical, and Healthcare IT Industry (COCIR) have [...]
SonoSite Begins $50M Stock Repurchase Program
June 28, 2010 by letchells
Filed under Business Buzz
SonoSite, a provider of point-of-care ultrasound systems, has begun a stock repurchase program under which the company may purchase up to $50 million of its common stock over the next 12 months.
Since February 2010, SonoSite has repurchased a total of approximately three million shares of its common stock through a modified “Dutch Auction” tender offer [...]
Ultrasound Market Set for Recovery
June 28, 2010 by letchells
Filed under Business Buzz
After a down year in 2009 and continued challenges in 2010, the global ultrasound market will return to growth in 2011, according to a report from market research firm InMedica.
The ultrasound imaging equipment sector generated $4.9 million in revenues in 2009, down 6% from 2008, according to the Wellingborough, U.K.-based firm. Healthcare spending cuts and [...]
Janet Roe, University of Iowa, Named Most Effective Radiology Administrator by Aunt Minnie
November 24, 2009 by letchells
Filed under Business Buzz
AuntMinnie.com sponsors a campaign every year to recognize individuals in the radiology field and institutions for their excellence in radiology. Candidates are nominated by AuntMinnie.com members, and finalists are selected by an expert panel of radiology professionals. This year 137 candidates in 13 categories were nominated. Of these candidates, Janet Roe, Technical Director of Diagnostic [...]
GE Awarded $1.2M NIH Grant
November 20, 2009 by letchells
Filed under Business Buzz
GE Healthcare sister company GE Global Research has been awarded a two-year $1.2 million grant under the U.S. government’s stimulus program from the National Institute of Biomedical Imaging and Bioengineering (NIBIB), part of the National Institutes of Health (NIH).
The grant was awarded to develop a low-cost transducer for portable ultrasound systems that will produce high-quality [...]
Hospital Financials Slowly Recovering
November 16, 2009 by letchells
Filed under Business Buzz
The median profit margin of US hospitals increased from near zero in the third quarter of 2008 to more than 8 percent in the second quarter of 2009, according to an analysis of hospital financial performance published November 9 by Thomson Reuters.
The recovery has been broad-based, with all classes of hospitals — small, medial and [...]
Philips CEO Joins Foundation Board
November 16, 2009 by letchells
Filed under Business Buzz
The Focused Ultrasound Surgery Foundation (FUSF) has announced the election of Steve Rusckowski to its board of directors.
Before joining the Charlottesville, Virginia based organization, Rusckowski became the executive vice president and CEO of Philips Healthcare in November 2006 and has been a member of the Philips Board of Management since April 2007. He was previously [...]
SonoSite Names Bowers As New Exec
November 16, 2009 by letchells
Filed under Business Buzz
SonoSite, developer of compact ultrasound systems, has appointed John S. Bowers, Jr., as senior vice president of strategic development and patient safety innovations.
Bowers has held a number of general management, business development and sales management leadership roles, according to the Bothell, Washington based company. Most recently, he served as president and CEO of Northstar Neuroscience, [...]