C.R. Bard (NYSE:BCR) got a reprieve in a lawsuit filed against a subsidiary by VasoNova when a federal judge tossed charges of contract inference and unfair competition.
MASSDEVICE ON CALL — Health care providers frozen out of federal funds allocated for digital conversion of medical records are fighting to improve their position within President Barack Obama’s health care overhaul.
New money for health information technology was budgeted by the Health Information Technology for Economic & Clinical Health Act to the tune of $50 billion. The measure allots funds to Medicare and Medicaid to distribute to providers who use electronic medical records to improve their practices.
VasoNova Inc. will begin selling its Vascular Positioning System central venous catheter navigation technology through Marlborough, Mass.-based Navilyst Medical Inc.
The Menlo Park,Calif.-based vascular products maker last week signed the distribution agreement with Navilyst.