Say hello to MassDevice +3, a bite-sized view of the top three med-tech stories of the day. This feature of MassDevice.com’s coverage highlights our 3 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.
If you read nothing else today, make sure you’re still in the know with MassDevice +3.
3. Ex-Medicare chief Berwick unveils 6 steps to cutting waste
Former Centers for Medicare & Medicaid Services chief Dr. Donald Berwick designs a 6-step program to cut wasteful medical costs in the U.S., where health care spending accounts for 17% of the gross domestic product and may rise to 20% in the near future.
2. Court OKs Hansen Medical settlement with shareholders
A California court OKs a $300,000 deal to settle a set of shareholders’ lawsuits filed over Hansen Medical’s restated books.
1. Lost lawsuit pushes HemCon Medical into bankruptcy
A Federal Circuit decision reinstating HemCon Medical’s $34M patent infringement loss pushes the wound care company into Chapter 11 bankruptcy protection.