Another participant in an alleged scheme to defraud the Cleveland Clinic out of approximately $2.7 million has come forward with a guilty plea, according to a Cleveland.com report. Wisam Rizk, former chief tech officer of Cleveland Clinic Innovations’ spun-out Interactive Visual Health Records, pleaded guilty to charges of conspiracy, wire fraud and making false statements, […]
The top 10 medical disruptors of 2019
The Cleveland Clinic for the past 16 years has predicted what the top 10 medical disruptors will be for the following year. The health provider seeks input from 150 to 200 of its physicians, hailing from each of its institutes. The result is 300 to 400 suggestions, which the clinic then narrows down to 150. […]
Study: Leadless pacers lead to less complications
Patients who’ve received leadless pacemakers experience fewer complications than traditional pacers, according to a new study from the Cleveland Clinic. Results from the study were published in the journal Heart Rhythm. Investigators in the multi-center study compared short and mid-term complications between 718 patients who received Abbott‘s (NYSE:ABT) Nanostim leadless pacer and 1,436 patients who received conventional […]
Value-based care: CMS’s new administrator wants more of it
Seven months into her tenure, CMS administrator Seema Verma is turning out to be highly supportive of value-based care models. In fact, she recently told an audience in Cleveland that she wants them implemented faster. The situation appears to dispel doubts that alternative payment models – such as Accountable Care Organizations or “comprehensive care” models for […]
The top 10 medical disruptors of 2018
Each year the Cleveland Clinic determines what the top 10 disruptors in healthcare will be for the following year. The criteria to be considered a disruptor or innovation is that it has to be innovative and could change care in a significant way in the next year. Approximately 150 to 200 Cleveland Clinic physicians from […]
Ex-Cleveland Clinic spin-out CTO charged in $3m fraud case
The former chief technology officer from Cleveland Clinic spun-out Interactive Visual Health Records has been arrested and indicted on charges that he defrauded the Clinic out of approximately $2.8 million, according to a Cleveland.com report. Former CTO Wisam Rizk faces a total of 29 charges, including conspiracy, wire fraud and honest services wire fraud and […]
Ex-Cleveland Clinic director Fingerhut pleads guilty in $3m fraud case
Former Cleveland Clinic Innovations director Gary Fingerhut plead guilty this week to charges that he helped defraud the clinic out of more than $2.7 million and will face several years in federal prison, according to a Cleveland.com report. Fingerhut was fired in 2015 after the FBI notified the clinic of financial transactions that violated the hospital system’s internal […]
Feds charge ex-Cleveland Clinic biz dev guru Fingerhut in $2.7m fraud scheme
Federal prosecutors in Ohio last week charged the former director of Cleveland Clinic Innovations, Gary Fingerhut, of participating in a $2.7 million fraud scheme. Fingerhut was fired in 2015 after the FBI contacted the clinic of financial transactions that violated the hospital system’s internal policies. Cleveland Clinic Innovations is the commercialization arm of the clinic, created to […]
7 ways neurostimulation could make our lives better
Neurostimulation is being used for a lot of different things that go beyond motor disorders and diseases. Neurostimulation is used to stimulate certain parts of the brain’s nervous system. It can be invasive with implants or it can be non-invasive with electrode-filled caps and ear clips. The neurostimulation market was worth an estimated $1.9 […]
Cleveland Clinic spinout Infuseon wins FDA nod for CNS drug delivery device
Cleveland Clinic spinout Infuseon Therapeutics said today that its novel central nervous system delivery device won 510(k) clearance from the FDA as a therapeutic delivery device. The company’s Cleveland Multiport Catheter, which won FDA clearance in March, was designed to effectively deliver therapeutics to the brain. Usually, the blood brain barrier prevents drugs delivered in […]
Cleveland Clinic, Boston Sci think deep brain stimulation can treat strokes
The Cleveland Clinic is pioneering deep brain stimulation for stroke recovery, with an ongoing clinical trial to determine if Boston Scientific’s Vercise DBS system improves movement in recovering stroke patients. Dr. Andre Machado and his team performed the 6-hour deep brain stimulation surgery on Dec. 19, 2016. The procedure implanted electrodes into the cerebellum section […]
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