After a permanent repeal of the sustainable growth rate (SGR) formula passed the House of Representatives in late March, the measure's backers in the Senate work to quell a potential revolt from Senate conservatives over its initial $214 billion price tag, according to Reuters. Read more here.
GE is divesting most of its GE Capital services arm to focus on its core strengths in industrial equipment, like airplane engines and MRIs and other imaging devices. Read more here.
The House of Representatives passed a bipartisan bill to permanently repeal the Sustainable Growth Rate (SGR) formula last month, but if the Senate also approves it, the fix may create a new set of problems, according to Vox. Read more here.
The FDA issued a pair of Class II recalls on MR imaging systems. The unrelated announcements affect some devices made by GE Healthcare and Siemens. Read more here.
The Affordable Care Act (ACA) is now five years old and the PwC Health Research Institute marked the occasion with a report on trends spurred by the law and how those trends will continue to impact healthcare over the next five years. Read more here.
Transparency when it comes to doctors and hospitals tracking the devices that go into patients is necessary to improve quality and reduce costs, according to Harold Paz, executive vice president and chief medical officer at Aetna. Read more here.
More providers are open to shared decision-making after the implementation of the Affordable Care Act, which provides incentives for the practice, according to Kaiser Health News. Read more here.
ECR Report from Michael Friebe here. Here is one of our new members, Wayne Kramer from W7 Global, at his booth at ECR. Thinking about becoming a member? Click here to find out more.
Some pictures from the our reception at the ECR. Shirin Sharkhar, Don Bogutski, Leon Gugel & Phil Jacobus Himanshu Gupta, Hassan El Azzazi & Peggy Erik Rehn & Ladi Vavricka [...]
Medical devices—and the patients who use them—would substantially benefit from a National Medical Device Postmarket Surveillance System (MDS), charges a new report authored by the Brookings Institution's Engelberg Center for Health Reform with support from the US Food and Drug Administration (FDA). Read more here.