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.
3. Cardiologist admits $19M Medicare fraud scheme
A cardiologist in New Jersey pleads guilty to charges that he ran a scheme to defraud Medicare and the Social Security Administration of $19 million in false claims.
2. Stryker’s knee surgery device recall gets FDA’s highest-risk label
FDA regulators slap Class I status on Stryker’s ShapeMatch knee surgery cutting guide recall over concerns that the devices may not have been manufactured according to established standards.
1. New HHS budget proposal would add $821M to FDA’s coffers
The newly unveiled Health & Human Services budget proposal allocates $4.7 billion to the FDA, with more than half of that to be dedicated to medical product safety.