Financial

PRINCETON, N.J., Jan. 3, 2019 /PRNewswire/ -- New Jersey's acute care hospitals deliver a $23.6 billion boost to the state economy, along with 150,000 jobs, according to the 2018 Economic Impact Report by the New Jersey Hospital Association. "Healthcare is a critical part of New Jersey's economic infrastructure," said NJHA President and CEO Cathy Bennett. "The $23.6 billion that hospitals and health systems contribute to the state

By Jennifer Bresnick December 28, 2018 - The global market for artificial intelligence in healthcare is set for incredible growth over the next few years, according to new research from ReportLinker. The AI in healthcare market is slated to expand from its current $2.1 billion to $36.1 billion in 2025, representing a staggering compound annual growth rate (CAGR) of 50.2

Dec 26, 2018 / By KEVIN TRUONG As part of the federal government’s increasing focus on issues of healthcare fraud, particularly in the Medicare space, the U.S. Department of Justice recovered $2.5 billion in settlements and judgments from False Claims Act Cases over the past year. According to the DOJ, this is the ninth consecutive year that

by Paige Minemyer | Dec 26, 2018 Providers have yet to slake their thirst for mergers—with several big-ticket mega-deals dominating headlines in 2018—but experts warn that there’s unlikely to be an immediate pay off for patients. And despite the fast pace of consolidation in healthcare, there are no signs of the merger trend slowing down going into 2019,

DECEMBER 19, 2018 BY SARAH FAULKNER ConforMIS (NSDQ:CFMS) said this week that it inked a deal with Lincoln Park Capital Fund to sell $21 million of shares of the company’s common stock over the course of a 36-month term. According to the terms of the deal, ConforMIS also plans to issue an additional 354,430 shares of common stock

DUBLIN - December 19, 2018 - Medtronic plc (NYSE:MDT) today announced it has completed the acquisition of Israel-based Mazor Robotics (NASDAQ:MZOR, TASE:MZOR.TZ). Under the terms of the acquisition agreement announced on September 20, 2018, Mazor shareholders will receive $58.50 per American Depository Share, or $29.25 per ordinary share, in cash. The total value of the transaction

NEW BRUNSWICK, N.J., Dec. 17, 2018 /PRNewswire/ -- Johnson & Johnson (NYSE: JNJ) today announced that the Board of Directors has authorized the repurchase of up to $5 billion of the company's common stock. "Based on our continued strong performance and, more importantly, the confidence we have in our business going forward, the Board of Directors and management team believe that

BILLERICA, Mass., Dec. 13, 2018 (GLOBE NEWSWIRE) -- Conformis, Inc. (NASDAQ:CFMS), a medical technology company that uses its proprietary iFit Image-to-Implant technology platform to develop, manufacture and sell joint replacement implants designed to fit each patient’s unique anatomy, today announced it is implementing steps to improve its overall business model, including the prioritization of certain