(Reuters) — Most Americans will fall victim to at least 1 diagnostic error in their lifetime, and when this occurs, it often can be deadly, according to a new report released today by the Institute of Medicine, which advises the U.S. government and policymakers. The report calls for greater emphasis on improving diagnoses in the U.S. and reducing the […]
Hospital Care
Update: QualComm buys Capsule, looks to ‘internet of medical things’
Updated with comments from Qualcomm and Capsule Tech Qualcomm (NASDAQ: QCOM) said yesterday its subsidiary Qualcomm Life has purchased medical data management company Capsule Tech for an undisclosed amount. The San Diego, Calif.-based company said the acquisition will allow Qualcomm Life to expand from into hospitals, taking over Capsule’s 1,930 hospital clients in 38 countries. “For Qualcomm […]
Battelle unveils new WayFinder hospital dashboard
Battelle said today it launched its WayFinder QI Dashboard advanced analytics tool designed to track and analyze internal data and metrics. The Wayfinder uses statistical models to analyze pools of patient data data from hospitals and health systems to find information that can be acted on, Battelle said. The dashboard focuses on data required by […]
Persivia buys IHM Services
Persivia said today it completed the acquisition of hospital clinical intelligence solutions focused company IHM Services for an undisclosed amount. Burlington, Mass.-based IHM Services provides solutions to help hospitals stay in compliance with federal P4P programs and supply data to improve care, quality and outcomes, according to the company. “This is a very strategic merger […]
Hill-Rom closes $2B Welch Allyn buy
Hill-Rom Holdings (NYSE:HRC) yesterday said it closed its $2.05 billion cash-and-stock acquisition of Welch Allyn, sending the latter $1.63 billion in cash and some 8.1 million shares of new HRC stock. The deal leaves privately owned Welch Allyn’s shareholders owning a 13% stake in Hill-Rom. Hill-Rom floated a $425 million debt round to help finance the buyout of Skaneateles Falls, […]
Report: Stryker to shutter S.C. Berchtold plant
Stryker (NYSE:SYK) is reportedly planning to close a plant in Charleston, S.C., that it acquired when it bought Berchtold Holding last year. Kalamazoo, Mich.-based Stryker plans to shutter the plant by the end of the year, according to the Charleston Post and Courier. Stryker paid $172 million in April 2014 for Berchtold, which makes surgical […]
Ivenix raises $42m for drug infusion technology
Drug infusion device developer Ivenix said today it closed a $42 million round of equity financing to support the company’s efforts to enter the global drug infusion market. Ivenix is developing an infusion management system for hospitals that will combine an information technology interface along with an adaptive fluid delivery platform, the company said. The company hopes […]
Stryker closes Muka Metal buyout
Stryker (NYSE:SYK) said today it closed its purchase of Turkish hospital bed and stretcher maker Muka Metal for an undisclosed amount. Kayseri, Turkey-based Muka began producing hospital beds in 2004, and has expanded into patient handling equipment, stretchers and hospital furniture. The company, founded in 1966, developed the 1st wireless nurse calling system, and exports to 60 […]
Skyline Medical gets $15m from Dawson James
Skyline Medical said yesterday it acquired $15 million from a follow-on offering from new investor Dawson James Securities, floating 1.7 million shares of stock at $9 each. Each share sold in the offering consists of a common share of stock, 1 share of Series B convertible preferred stock and 4 Series A warrants, according to […]
Death prompts Class I recall of Western/Scott Fetzer’s OxyTote portable oxygen system
Western/Scott Fetzer is recalling nearly 162,000 of its portable oxygen systems, after 1 person was killed and another injured in separate incidents when the devices exploded after being dropped or set down. The recall went out Jan. 31 on OxyTote, OxyQuik and AirTote systems distributed in the U.S. from January 2009 to Sept. 30, 2014. The FDA […]
FDA warns endoscope makers on superbug infections
The FDA today published warning letters it sent earlier this month to the 3 largest makers of endoscopes on the U.S. market, cautioning the companies about violations found during spring inspections at plants in the U.S. and Japan. The inspections followed a string of deadly “superbug” infections attributed to duodenoscopes made by Olympus (TYO:7733), Fujifilm Holdings (TSE:4901) and Hoya‘s (TYO:7741) Pentax […]