Financial

Global Ambulatory Surgical Centers Market to Witness a CAGR of 3.5% during 2018-2024

NEW YORK, Nov. 21, 2018 (GLOBE NEWSWIRE) -- The global ambulatory surgical centers (ASCs) market was valued at USD 77.1 billion in 2017 and is expected to reach USD 97.3 billion by 2024, at a CAGR of 3.5%. The growth is primarily attributed to the growing number of surgeries performed in ASCs and growing incidence of accidental

By |2018-11-21T20:11:10+00:00November 21st, 2018|Financial|

Altus Capital Partners, Inc. Acquires ChoiceSpine, LP

November 20, 2018 WILTON, Conn.--(BUSINESS WIRE)--Altus Capital Partners, Inc. (“Altus”), an investment firm focused on the North American manufacturing sector, today announced it has acquired ChoiceSpine, LP, a leading designer, manufacturer, and marketer of specialized spinal implants, instrumentation and biologics for the surgical treatment of complex spine disorders. Financial terms of the transaction were not disclosed. Based

By |2018-11-21T16:34:37+00:00November 21st, 2018|Financial, Top Stories|

Mazor Robotics Shareholders Approve Merger Agreement With Medtronic

CAESAREA, Israel, Nov. 19, 2018 /PRNewswire/ -- Mazor Robotics Ltd. (TASE: MZOR; NASDAQGM: MZOR), a pioneer and a leader in the field of robotic guidance systems, today announced that at a Special General Meeting of Shareholders held earlier today, Mazor Robotics shareholders approved the previously announced definitive merger agreement with wholly-owned subsidiaries of Medtronic plc (NYSE: MDT). Approximately

By |2018-11-20T15:11:12+00:00November 20th, 2018|Financial|

Colfax to Acquire DJO Global for $3.15 Billion in Cash

ANNAPOLIS JUNCTION, MD, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Colfax Corporation (NYSE: CFX), a leading diversified technology company, today announced it has entered into a definitive agreement to acquire DJO Global Inc. (“DJO”) from private equity funds managed by Blackstone for $3.15 billion in cash. DJO is a global leader in orthopedic solutions, providing orthopedic

By |2018-11-19T15:53:47+00:00November 19th, 2018|Financial, Top Stories|

Value-Based Reimbursement Reduces Costs 15.6%, Improves Quality

November 14, 2018 / By Jacqueline LaPointe Value-based reimbursement models are moving the needle on quality and cost, a new analysis from Humana shows. In 2017, medical costs for patients attributed to primary care practices (PCPs) in Humana’s value-based reimbursement models for Medicare Advantage (MA) were 15.6 percent lower compared to Medicare fee-for-service, the insurer reported. Internally, medical

By |2018-11-19T14:53:21+00:00November 19th, 2018|Financial|

Premier Inc. Survey: Nearly 75% of Health Systems Report Interest in Value-Based Contracting

November 15, 2018 CHARLOTTE, N.C. - Although 73 percent of healthcare providers rank value-based contracting with suppliers as a priority for improving return on investments, opportunities lag in the healthcare supply chain, according to a new Premier Inc. survey . Premier®, a leading healthcare improvement company, surveyed health system C-suite leaders, operations managers and heads of materials management

By |2018-11-16T18:20:41+00:00November 16th, 2018|Financial|

Xtant Medical Announces Third Quarter 2018 Financial Results

BELGRADE, MT, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Xtant Medical Holdings, Inc. (NYSE American: XTNT), a leader in the development of regenerative medicine products and medical devices, today reported financial and operating results for the third quarter ended September 30, 2018. Third Quarter 2018 Financial Highlights and Recent Announcements: Revenue for the third quarter of

By |2018-11-15T16:50:15+00:00November 15th, 2018|Financial|

Medicare Costs Drop As Humana Shifts Doctors To Value-Based Models

Nov 13, 2018 - Bruce Japsen, Senior Contributor Humana’s shift from fee-for-service medicine to value-based payments for physicians continues to reduce costs and improve quality of care for seniors enrolled in Medicare Advantage plans, the insurer says, citing a new internal study. Medical costs were nearly 16% lower for seniors enrolled in Humana Medicare Advantage plans that paid

By |2018-11-13T21:13:37+00:00November 13th, 2018|Financial|

DJO Global Announces Financial Results for Third Quarter 2018

November 13, 2018 SAN DIEGO--(BUSINESS WIRE)--DJO Global, Inc. (“DJO” or the “Company”), a leading global provider of medical technologies designed to get and keep people moving, today announced financial results for its public reporting subsidiary, DJO Finance LLC (“DJOFL”), for the third quarter ended September 29, 2018. On January 1, 2018, DJO adopted Accounting Standards

By |2018-11-13T16:44:27+00:00November 13th, 2018|Financial|

Company Profiles in Artificial Disc Market| Key Players: Zimmer Biomet, Stryker, Globus Medical, Orthofix, Medtronic, DePuy Synthes Companies, NuVasive

11-09-2018 / Press release from: Global Market Insights Inc. Cervical artificial disc segment accounted for the largest revenue share of USD 790.1 million in 2017 and is estimated to show significant growth over the forecast period. Cervical disc replacement is a motion preserving surgery and offers benefits over motion creating surgical fusion procedures. According to a clinical

By |2018-11-09T19:03:22+00:00November 9th, 2018|Financial, Spine|