Medical device recalls reached record highs in the first three months of 2018 thanks to software complications that are likely to continue with the proliferation of high-tech devices. Read more here.
For the second consecutive year, healthcare was the sector hardest hit by cyberattacks, according to Cylance's 2017 Threat Report released May 1. In its report, Cylance — a cybersecurity firm that uses artificial intelligence to protect against threats — reviewed attacks that affected its global customer base, which spans multiple industry sectors, in 2017. Read [...]
A new report says that the Orangeworm cadre is taking aim at the medical sector in the U.S., Europe and Asia. The attackers are using the Kwampirs backdoor – technically installing Trojan.Kwampirs inside the computer networks of targeted organizations. Read ore here.
The date was Friday, May 12, 2017, the first of four days that saw more than 300,000 computers worldwide infected by the WannaCry Ransomware attack. “Because of our position [healthcare] and because of the way we have elaborated our infrastructure not to keep up with sectors like banking, we have become targets, accidental targets,” Kristopher [...]
Philips and Hologic have announced a worldwide partnership agreement. The deal will provide integrated services for women patients by bringing together Hologic's mammography technologies and Philips' portfolio of ultrasound, MR, CT, and X-ray systems and advanced informatics – as well as maintenance, upgrade, training and operational performance management. Read more here.
Siemens’ healthcare division, Siemens Healthineers, began trading on Germany’s stock exchange Friday, raising $5.2 billion (4.2 billion euros) by selling 15 percent of the company. Shares of were issued at 28 euros each but opened at 29.10 euros each. The initial public offering (IPO) has been in the works for months, with numerous reports indicating [...]
WASHINGTON — Almost no one got everything they wanted out of the Monday deal to reopen the government — except perhaps medical device companies, who managed to fend off an industry-wide excise tax before the first payments were due. The stopgap spending deal that was signed by President Trump on Monday included a two-year delay of the 2.3 percent [...]
Siemens AG, the German engineering conglomerate, is readying the most significant step yet in its years long restructuring: the listing of a big chunk of its health-care business, estimated to be worth up to $47 billion. Siemens isn’t likely to set the exact size of the IPO yet but is targeting listing a slice of between [...]
Health care spending on outpatient care rose 85 percent between 1996 and 2013, largely due to increasing use of services, the study found. Spending on inpatient care grew 59 percent because of increases in price and service intensity. Read more here.
Siemens appears to be readying itself for an IPO of its Healthineers, as three banks have been tapped to lead the organization of the public offering effort. Read more here.