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Four Chicago hospitals call off merger due to lack of state help, with service cuts predicted

May 27, 2020 / Jeff Lagasse, Associate Editor In September 2019, four Chicago-based hospitals — Advocate Trinity Hospital, Mercy Hospital and Medical Center, South Shore Hospital and St. Bernard Hospital — began pursuing a merger the entities said would transform healthcare delivery for vulnerable residents. This week, that merger was called off, with the hospitals citing …

Conformis Announces Settlement of Patent Dispute

BILLERICA, Mass., May 28, 2020 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ:CFMS) announced today that it has entered into a settlement and license agreement with Zimmer Biomet Holdings, Inc., Zimmer, Inc., Zimmer US, Inc., and Biomet Manufacturing, LLC (together, “Zimmer Biomet”) that resolves all patent disputes between the companies. “We are glad to have reached a …

Live updates: Trump notes ‘very sad milestone’ after U.S. coronavirus death toll surpasses 100,000

May 28, 2020 / By Antonia Noori Farzan, Katie Shepherd, Jennifer Hassan, Rick Noack, Marisa Iati, John Wagner, Mark Berman, Adam Taylor, Brittany Shammas and Felicia Sonmez Four months after the first novel coronavirus infection was confirmed in the United States, the virus has claimed more than 100,000 lives here. It has killed people in every state. It has found victims in dense cities and rural towns. Some of the victims …

RESTORE Orthopedics & Spine Center Acquires Revolutionary EOS Imaging Technology

May 28, 2020 ORANGE, Calif.–(BUSINESS WIRE)–RESTORE Orthopedics & Spine Center today announced the acquisition of the revolutionary EOS® imaging System, the first technology capable of providing full body 2D/3D images of patients using low-dose radiation. RESTORE is the only private practice orthopedic clinic in California offering the EOS® technology. Developed based on Nobel Prize-winning research, the EOS® system is …

Conventus Orthopaedics, Inc. Announces Acquisition of Flower Orthopedics

MINNEAPOLIS, May 27, 2020 /PRNewswire/ — Conventus Orthopaedics, Inc. today announced it has completed the acquisition of Flower Orthopedics, the market leader in Ready-for-Surgery™ single use, sterile-packaged, implant and instrument kits.  The state-of-the-art sterile FlowerCube™ system eliminates expensive set processing, which enables surgical facilities to complete back-to-back cases, enhance efficiencies, and maximize resources.  In addition to a robust fixation portfolio, …

US coronavirus death toll crosses 100,000 in harrowing milestone

May 27, 2020 / By Stephen Sorace, Kayla Rivas | Fox News The U.S. reached yet another harrowing milestone on Wednesday as the coronavirus death toll topped 100,000. Globally, COVID-19 has been linked to over 353,000 fatalities and over 5.6 million cases, according to the Johns Hopkins University heat map. On Wednesday evening, the Johns Hopkins tally showed 100,047 U.S. coronavirus deaths. …

Orthopaedic Institute for Children’s Ambulatory Surgery Center and OIC Laboratory Receive National Accreditations

May 27, 2020 LOS ANGELES–(BUSINESS WIRE)–The Ambulatory Surgery Center at Orthopaedic Institute for Children has achieved renewed accreditation by the Accreditation Association for Ambulatory Health Care (AAAHC). Additionally, the OIC Laboratory has been accredited by The Joint Commission in recognition of it meeting and exceeding rigorous performance standards. Opened in 2016, the Ambulatory Surgery Center …

New COVID-Lab Projections Paint Mixed Picture for Resurgence Risk Across U.S. Counties

PHILADELPHIA, May 27, 2020 /PRNewswire/ — An updated county-level model released today by PolicyLab at Children’s Hospital of Philadelphia (CHOP) shows some communities, particularly in the southern and Midwestern regions of the country, are still at high risk for COVID-19 resurgence in the coming weeks, while many other counties appear to be flattening the curve, even if case counts are higher …

Dow Jumps 300 Points As Wall Street Bets On A Successful Reopening Of The Economy

May 27, 2020 / Sergei Klebnikov, Forbes Staff TOPLINE The market continued to rally on Wednesday as optimism about a successful reopening of the economy and a potential coronavirus vaccine continues to build on Wall Street. KEY FACTS The Dow Jones Industrial Average rose 1.2%, over 300 points, at Wednesday’s open, while the S&P 500 …

Boeing Slashes Over 12,000 Jobs, With More Cuts Coming

May 27, 2020 / Nicholas Reimann, Forbes Staff TOPLINE Boeing announced Wednesday that the company is cutting over 12,000 jobs—most of those in the Seattle area—as the beleaguered air manufacturer deals with the fallout of the coronavirus pandemic that’s at times seen air travel drop over 90% compared to 2019. KEY FACTS The company plans …

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