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Pressure ramps up on Congress to spend more on coronavirus crisis as small business funds run low

April 15, 2020 / By Kasie Hunt, Leigh Ann Caldwell, Alex Moe and Julie Tsirkin Democratic leaders on Wednesday were digging in and fleshing out their demands for the next coronavirus relief package as money in the fund aimed at rescuing small businesses comes close to running out, multiple sources familiar with the funding told NBC …

CMS increases Medicare payment for high-production coronavirus lab tests

April 15, 2020 / Susan Morse, Managing Editor Medicare will nearly double the payment for certain lab tests that use high-throughput technologies to rapidly diagnose large numbers of 2019 Novel Coronavirus cases, the Centers for Medicare and Medicaid Services announced today. Medicare will pay the higher payment of $100 for COVID-19 clinical diagnostic lab tests making …

To End this Pandemic We’ll Need a Free Vaccine Worldwide

April 15, 2020 / BY GAVIN YAMEY Until we end COVID-19 transmission across the planet, we are likely to keep getting multiple COVID-19 “waves”— that is, rolling, recurrent outbreaks. While no public health expert has a foolproof crystal ball, this scenario of repeated waves means that the likely contours of the next one to two years …

Abbott Labs Rolling Out Coronavirus Antibody Tests

April 15, 2020 / Bruce Japsen, Senior Contributor Abbott Laboratories is launching a laboratory-based blood test designed to detect antibodies to identify whether someone has had the Coronavirus strain COVID-19. The antibody test, which will run on Abbott’s Architect i1000SR and i2000SR laboratory instruments found in hospitals and big reference labs, is different than diagnostic tests Abbott …

How A $1.2 Billion Wealth Management Firm Got Ahead Of The COVID-19 Curve

April 15, 2020 / Jason Bisnoff, Forbes Staff As the severity of the COVID-19 pandemic became clear in the early months of 2020 at Dakota Wealth Management, the investment committee meetings suddenly featured an unlikely voice: chief operating officer, Michael Reed. Reed helped launch the firm in 2018, but prior to this moment, he’d never …

10 layoffs, furloughs in the spine & orthopedic industry

April 14, 2020 / Written by Alan Condon The widespread suspension of elective surgeries due to the COVID-19 pandemic is causing significant economic difficulties for device companies and practices in the orthopedic industry. In the past month, Becker’s Spine Review has reported on 10 practices and device companies in the industry that have furloughed or laid off employees …

Will ASCs Sink or Swim During the Covid Deluge?

by Elizabeth Hofheinz, M.P.H., M.Ed., April 15, 2020 All things considered, ambulatory surgery centers (ASCs) are the new kids on the surgical block…the increasingly popular new kids. In 1980, there were 275 ASCs in the U.S.1 As of March 18, 2020 there were 5,800.2 But given the Covid-19 crisis, will they have enough resources to …

BONESUPPORT announces CERAMENT in combination with bisphosphonate shows promising results in preclinical longterm study

Lund, Sweden, 15.00 CET, 14 April 2020 – BONESUPPORT™, an emerging leader in orthobiologics for the management of bone injuries, today announced that new preclinical data1 has been published that further support BONESUPPORT’s ambition to develop a combination product of the company’s platform technology CERAMENT® and bisphosphonate, a pharmaceutical that counteracts osteoporosis. In a pre-clinical …

Artificial intelligence in spine care is “here to stay”

15th April 2020 Artificial intelligence (AI) has “tremendous potential” to revolutionise comprehensive spine care across areas including patient selection, outcome prediction, research, preoperative workup and perioperative assistance, the authors of a large systematic review on the topic have found. Jonathan Rasouli Published in the Global Spine Journal, the review, led by Jonathan J Rasouli (Cleveland …

Centinel Spine Announces FDA Approval for Two-level prodisc® L Total Disc Replacement

NEW YORK, April 14, 2020 /PRNewswire/ — Centinel Spine®, LLC, the largest privately-held spine company focused on anterior column reconstruction, today announced FDA approval of two-level indications for the prodisc® L Lumbar Total Disc Replacement (TDR) system. Centinel Spine now becomes the only company in the world with an FDA-approved lumbar TDR device that has been clinically reviewed and …

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