Omron Announces First Blood Pressure Monitoring Smartwatch

Posted in Future of Healthcare

December 30, 2018 • 2 min read

The wearable market just got more interesting. Earlier in the year, Apple made headlines with an FDA cleared EKG monitor built-in to their Apple Watch Series 4. Now, blood pressure monitor brand, Omron Healthcare, announced they have started taking pre-orders for HeartGuide, an oscillometric blood pressure monitor in the design of a wrist watch...

TransEnterix Announces Equity Offering

Posted in Robotic Surgery

December 28, 2018 • 1 min read

Late Friday afternoon, TransEnterix announced they entered into an At-the-Market Equity Offering Sales Agreement with Stifel, Nicolaus & Company to offer and sell up to $75,000,000 of our common stock, $0.001 par value per share, offered by this prospectus supplement and the accompanying prospectus....

DOJ Files False Claims Lawsuit Against Wheeling Hospital

Posted in Healthcare Fraud and Hospitals

December 24, 2018 • 2 min read

​The United States has partially intervened in a lawsuit under the False Claims Act against Wheeling Hospital Inc. (Wheeling), R & V Associates Ltd. (R & V), and Ronald Violi in the U.S. District Court for the Western District of Pennsylvania, the Department of Justice announced today...

Smith & Nephew to Acquire Ceterix Orthopaedics for up to $105 Million

Posted in Medical Device

December 18, 2018 • 2 min read

Smith & Nephew today announced that it has agreed to acquire Ceterix Orthopaedics, the developer of the NovoStitch Pro Meniscal Repair System for an initial cash consideration of $50 million and up to a further $55 million over the next five years, contingent on financial performance....