Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry.
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5. GE, Hartford Healthcare ink 7-year value based care partnership
GE Healthcare said today it is collaborating with Hartford HealthCare to launch a series of value-based healthcare projects over the next 7 years.
The companies said the projects aim to improve patient care, reduce cost and increase efficiency to avoid unnecessary wait times and “traffic jams” that can delay care. The projects will use GE’s advanced analytics to improve clinical program and capacity design, GE Healthcare said. Read more
4. Cook Medical recalls select Bush ureteral illuminating caths
Cook Medical this week released information on a select voluntary recall of its Bush DL and Bush SL ureteral illuminating catheter sets over issues with overheating.
The Bloomington, Ind.-based company said it has received an increased number of reports of the proximal black component that connects to the distal transparent component overheating and melting, which could potentially cause burns. Read more
3. Conmed’s SurgiQuest loses $12m to Lexion in false advertising case
Conmed said today that a jury today returned a $12.2 million verdict against it and its SurgiQuest subsidiary in a false advertising case with Lexion Medical.
The jury in the US Federal District Court for the District of Delaware found SurgiQuest liable for $2.2 million in compensatory damages and an additional $10 million in punitive damages, according to a press release from the Utica, N.Y.-based company. Read more
2. AdvaMed CEO expects medical device tax repeal this year
Since the Republican plan to replace the Affordable Care Act failed in the House last month, the medical device industry’s trade group has been looking for another piece of legislation to repeal the medical device tax.
In a call with reporters yesterday, AdvaMed CEO Scott Whitaker predicted that the 2.3% levy introduced under Obamacare will be repealed this year. Read more
1. FDA clears Mazor X Align spinal surgical planning software
Mazor Robotics said today it won FDA clearance for its Mazor X Align spinal surgical planning software, with plans to launch in early May.
The Mazor X Align software is designed to assist surgeons in planning for spinal deformity correction and spinal alignment procedures with the Mazor X Surgical Assurance platform, the Israel-based company said. Read more
