July 2, 2020 / by Robert King Even though the COVID-19 pandemic has taken center stage in Congress, a collection of business and health groups are imploring lawmakers to not forget about another priority: surprise medical bills. Before the pandemic, the fight over surprise billing was the biggest healthcare issue before Congress. Progress has stalled amid …
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July 2, 2020 / Jeff Lagasse, Associate Editor The COVID-19 pandemic is having a profound effect on hospital finances, exemplified by data showing that operating EBITDA margins fell a dramatic 174% in April, and remained down 9% year-over-year in May. So far, though, mergers and acquisition activity hasn’t taken as serious a blow. Transaction volumes are …
RENO, Nev., July 1, 2020 /PRNewswire/ — Spine Nevada Minimally Invasive Spine Institute announced that Dr. James Lynch, a board-certified and fellowship-trained neurological surgeon, was the first private practice surgeon in the United States to use the Augmedics xvision Spine System at a community hospital. xvision is the first Augmented Reality Guidance system to be used in surgery. It allows …
July 2, 2020 / by Robert King Healthcare employment continued to recover from the COVID-19 pandemic in June with 358,000 jobs added to the industry and hospital jobs started to increase, according to the latest federal jobs report. The report released Thursday represents a slight increase from the 315,000 jobs the industry added in May. It showed that hiring …
July 2, 2020 CARLSBAD, Calif.–(BUSINESS WIRE)–Spinal Elements, a Carlsbad, CA-based medical device company focused on spine surgery procedures, today announced the FDA clearance of Sapphire® X for anterior cervical fixation. Sapphire X is the newest product in its MIS Ultra™ suite of products aimed at minimizing the unintended consequences of traditional spine surgery. The Sapphire …
July 2, 2020 / Eric Oliver Beverly Hills, Calif.-based Wellness Wave surgical center owner Randy Rosen, MD, and his companion allegedly defrauded 18 insurance companies for more than $51 million, local NBC affiliate NBC 4 reports. Five things to know: 1. Dr. Rosen and co-defendant Liza Vismanos are being held on $52 million bail on charges alleging they ran …
PARSIPPANY, N.J., July 02, 2020 (GLOBE NEWSWIRE) — Pacira BioSciences, Inc. (Nasdaq: PCRX), a leading provider of innovative non-opioid pain management options, today announced that the company has notified DePuy Synthes Sales Inc. that the agreement between the two companies to jointly market and promote the use of EXPAREL® (bupivacaine injectable suspension) for orthopedic procedures in …
July 1, 2020 ORLANDO, Fla., July 1, 2020 /PRNewswire/ — Engage Surgical, a privately held orthopedic implant company, announces FDA 510(k) clearance of the only cementless partial knee system available in the USA. The EngageTM Partial Knee system offers porous implants for promoting biological fixation on both the tibia and femur. The 3-D printed Tibial Tray features the patented Engage™ Anchor technology …
June 30, 2020 / Alan Condon Medtronic has withdrawn its Infuse Bone Graft/LT-Cage Lumbar Tapered Fusion device from the Australian market as of March 23, according to a statement provided to Becker’s Spine Review. The decision came after a February News Corp investigation, which reported that spine surgeons were using the product “off label,” according to The …
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