Economics

This channel highlights factors that impact hospital and healthcare economics and revenue. This includes news on healthcare policies, reimbursement, marketing, business plans, mergers and acquisitions, supply chain, salaries, staffing, and the implementation of a cost-effective environment for patients and providers.

Lawsuit alleges Johnson & Johnson, Bayer misled New England Journal of Medicine editors

Lawyers for patients suing Johnson & Johnson and Bayer allege that the companies misled editors at The New England Journal of Medicine about the safety of rivaroxaban (Xarelto), the New York Times reports. 

March 2, 2016

Medtronic’s revenue increases in Q3 but shares fall after earnings release

During the third quarter of fiscal year 2016, Medtronic’s revenue increased six percent to $6.394 billion, while its diluted earnings per share decreased one percent to $0.77 per share.

March 1, 2016

Medtronic increases cash dividend 25 percent for fiscal year’s fourth quarter

For the fourth quarter of fiscal year 2016, Medtronic will increase its cash dividend by 25 percent to $0.38 per ordinary share, the company announced on Feb. 19.

February 19, 2016

Stryker agrees to acquire Physio-Control for $1.28 billion

Stryker Corporation agreed to buy Physio-Control International on Feb. 16 for $1.28 billion in an all-cash deal.

February 18, 2016

HIMSS reports on 2016’s ‘growth technologies’

Healthcare Information and Management Systems Society (HIMSS) Analytics has published a report on some of the technologies shaping hospitals’ purchase plans in 2016.

February 9, 2016

Edwards Lifesciences agrees to repurchase $325 million of its common stock

Edwards Lifesciences announced on Feb. 4 that it had agreed to repurchase $325 million of its common stock from Morgan Stanley & Co. Edwards is funding the accelerated share repurchase using available cash, according to a news release.

February 5, 2016

Boston Scientific’s revenue and earnings per share increase in Q4

For the fourth quarter of 2015, Boston Scientific’s sales hit $1.978 billion, representing a 10 percent jump in operational revenue compared with the same time period the previous year, while its adjusted earnings per share increased from $0.22 to $0.26.

February 4, 2016

Merit Medical acquires vascular access system for $18.5 million

Merit Medical Systems announced this week that it has purchased the HeRO Graft vascular access system and its related assets from CryoLife for $18.5 million. 

February 4, 2016

Around the web

Eleven medical societies have signed on to a consensus statement aimed at standardizing imaging for suspected cardiovascular infections.

Kate Hanneman, MD, explains why many vendors and hospitals want to lower radiology's impact on the environment. "Taking steps to reduce the carbon footprint in healthcare isn’t just an opportunity," she said. "It’s also a responsibility."

Trimed Popup
Trimed Popup