TAMPA, Fla., March 1, 2019 /PRNewswire/ — Tampa-based Laser Spine Institute announced today that it will discontinue its operations, effective at the close of business on Friday, March 1. Despite significant cost saving activities over the last 6 months – including closing three surgical centers – that dramatically reduced its operating cost structure, the company has been unable to achieve …
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by Tina Reed | Mar 1, 2019 The federal hospital ratings website Hospital Compare may be getting another revamp. After several delays, the Centers for Medicare & Medicaid Services announced Thursday that it has released updated hospital performance data on the consumer comparison website that uses star ratings for hospitals, as well as on data.medicare.gov. The data, collected …
by Joanne Finnegan | Feb 28, 2019 The practice of doctors performing overlapping surgeries is safe for most patients, but high-risk patients might be the exception, a new study found. A large study published in JAMA found that for adult patients undergoing common operations, overlapping surgery was not significantly associated with differences in in-hospital deaths or post-operative complications. However, overlapping surgeries did result …
CENTER VALLEY, Pa., Feb. 28, 2019 /PRNewswire/ — Aesculap Biologics, LLC (“Aesculap Biologics”) announced today that it has successfully achieved 50 percent enrollment in the ongoing Phase 3 clinical trial of NOVOCART® 3D, an autologous chondrocyte transplantation system designed to treat articular cartilage defects of the knee. To date, approximately 117 of the expected 233 study participants have been …
ALACHUA, Fla., Feb. 28, 2019 (GLOBE NEWSWIRE) — RTI Surgical, Inc. (Nasdaq: RTIX), a global surgical implant company, reported operating results for the fourth quarter and full year of 2018. Fourth Quarter 2018 Highlights: Revenue increased to $71.2 millionNet income of $2.1 million, inclusive of $1.0 million of net non-recurring expensesAdjusted EBITDA of $7.7 million, …
DUBLIN and TOKYO – February 28, 2019 – Medtronic plc (NYSE:MDT) announced today the Japanese launch of the Grafton(TM) Demineralized Bone Matrix (DBM) bone grafting product for spine and orthopedic procedures. Grafton DBM is the first and only demineralized bone matrix product available in Japan, the world’s second largest market for spinal medical devices. Due to …
CARLSBAD, Calif., Feb. 27, 2019 (GLOBE NEWSWIRE) — SeaSpine Holdings Corporation (NASDAQ: SPNE), a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced today financial results for the three-months and full-year ended December 31, 2018 and reaffirmed revenue guidance for 2019. Summary Fourth Quarter 2018 Financial Results and Recent …
by Heather Landi | Feb 26, 2019 Even as healthcare transitions toward value-based payment models, physicians continue to be big moneymakers for hospitals. Just how much are they worth? While it depends on the specialty, a new analysis by Merritt Hawkins estimates that physicians generate an average of $2.38 million per year in net revenue on behalf of their affiliated …
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