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Hospitals sue over site-neutral payment policy

By Susannah Luthi  | December 4, 2018 The American Hospital Association on Tuesday led a lawsuit against the Trump administration over the CMS' final rule imposing a site-neutral payment policy, which cuts some Medicare rates for outpatient hospital sites to match the rates for physicians' offices. The lawsuit, filed in the U.S. District Court for the District of Columbia, challenges

By |2018-12-05T15:57:26+00:00December 5th, 2018|Regulatory|

Stryker increases dividend 11%, declaring a $0.52 per share quarterly dividend

December 04, 2018  Kalamazoo, Michigan, Dec. 04, 2018 (GLOBE NEWSWIRE) -- Kalamazoo, Michigan – December 4, 2018 – Stryker Corporation (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.52 per share payable on January 31, 2019 to shareholders of record at the close of business on December 31, 2018, representing

By |2018-12-04T22:55:34+00:00December 4th, 2018|Financial|

Nexxt Spine Launches SAXXONY® Posterior Cervical Thoracic Spine System

December 04, 2018 NOBLESVILLE, Ind.--(BUSINESS WIRE)--Nexxt Spine LLC, a medical device company focused on designing, manufacturing, and distributing innovative spinal solutions, today announced 510(k) clearance from the U.S. Food and Drug Administration (FDA) and full commercial launch of its SAXXONY® Posterior Cervical Thoracic System—a system designed to stabilize cervical (C1 to C7) and thoracic (T1

By |2018-12-04T22:36:49+00:00December 4th, 2018|Spine, Top Stories|

Anika Resumes Global Distribution of HYALOFAST, HYALOGRAFT-C and HYALOMATRIX

December 04, 2018 BEDFORD, Mass.--(BUSINESS WIRE)--Anika Therapeutics, Inc. (NASDAQ: ANIK), a global, integrated orthopedic and regenerative medicines company specializing in therapeutics based on its proprietary hyaluronic acid ("HA") technology, today announced that it has resumed global distribution of its solid HA-based treatments, including HYALOFAST, a biodegradable, HA-based cartilage repair scaffold, after a voluntary, non-safety related recall in the

By |2018-12-04T22:15:08+00:00December 4th, 2018|Biologics|

PMC board approves $7.7 million expansion of orthopedic program

December 2, 2018 / Special to the Herald Times / By DOC WATSON MEEKER, CO | The primary emphasis of the Nov. 27 Pioneers Medical Center board meeting was the future vision held by both staff and board in the areas of orthopedics as well as hospital expansion. In preparation for that discussion, Development Director Margie Joy outlined

By |2018-12-04T20:14:57+00:00December 4th, 2018|Financial|

Spineology Inc. Announces New Board Members

December 04, 2018 ST. PAUL, Minn.--(BUSINESS WIRE)--Spineology Inc., the innovator in anatomy-conserving spine surgery, announced today the appointment of two new members to its Board of Directors, Bob Paulson and Phil Soran. Mr. Soran is a successful serial entrepreneur who has founded several technology companies and was inducted into the Minnesota Business Hall of Fame

By |2018-12-04T17:07:56+00:00December 4th, 2018|Spine|

In2Bones Announces the Commercial Market Release of the CoLink® Afx Ankle Fracture Repair System

December 04, 2018 MEMPHIS, Tenn.--(BUSINESS WIRE)--In2Bones Global, Inc. today announced the U.S. commercial market release of the CoLink Afx® Ankle Fracture System. The system is a collection of five plate families that address traumatic fractures and osteotomies (removal of bone) of the ankle. Anatomy specific plate options consist of Lateral Fibula, Posterior-Lateral Fibula, One-Third Tubular, Medial Tibia, and

By |2018-12-04T16:47:27+00:00December 4th, 2018|Extremities, Top Stories|

Mainstay Medical to Showcase ReActiv8 and Key Clinical Data at the 13th German Spine Congress of the DWG

December 03, 2018 DUBLIN--(BUSINESS WIRE)--Regulatory News: Mainstay Medical International plc (“Mainstay” or the “Company”, Euronext Paris: MSTY.PA and Euronext Dublin: MSTY.IE), a medical device company focused on commercializing ReActiv8®, an implantable restorative neurostimulation system designed to treat an underlying cause of disabling Chronic Low Back Pain, today announces that it will participate in the 13th German

By |2018-12-04T15:52:17+00:00December 4th, 2018|Spine|

Olympus 3D/FlexDex Named 2018 Excellence in Surgical Products Award Winner

CENTER VALLEY, Pa., Dec. 3, 2018 /PRNewswire/ -- Olympus, a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, among other core businesses, announced today that it has been recognized with the Surgical Products' 2018 Excellence in Surgical Products (ESP) Award, distinguishing ENDOEYE FLEX 3D and FlexDex® (3D/FlexDex) as the winner in the

By |2018-12-03T16:27:12+00:00December 3rd, 2018|Robotics|

Carmel spine surgeon wins $112M verdict in royalty battle with Medtronic

November 30, 2018 / John Russell Dr. Rick C. Sasso, an Indiana spine surgeon and inventor, has won a sweeping, five-year legal battle against medical-device giant Medtronic, with a jury this week awarding him $112 million in damages. Sasso, 58, president of Carmel-based Indiana Spine Group, had claimed that Medtronic had violated a contract by not

By |2018-11-30T22:48:17+00:00November 30th, 2018|Regulatory|