Business

Hospital CEO Turnover Brings Fresh Perspective, Evolving Leadership Position

In an innovative and dynamic period for the healthcare industry, high CEO turnover, leaders from outside the traditional realm and C-suite changes bring new skills and fresh blood into hospitals and healthcare systems, according to a Hospitals & Health Networks post by Mary Grayson.

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SHINE Medical Technologies To Supply Moly-99 To GE Healthcare

SHINE Medical Technologies, Inc. (SHINE), a Wisconsin-based company dedicated to being the world leader in safe, clean, affordable production of medical isotopes, announced today that it has entered into a strategic long-term supply agreement with GE Healthcare, a division of the General Electric Company, for supply of molybdenum-99 (moly-99). This is the first announcement of a major supply agreement with a U.S. based producer of moly-99. Moly-99 decays into the diagnostic imaging agent technetium-99m (Tc-99m).  Tc‑99m’s extraordinary attributes make it the most commonly-used medical isotope on the planet (used in over 40 million medical imaging procedures per year). Under the terms of the supply agreement, SHINE will provide moly-99 to GE Healthcare on a regular basis once its facility becomes operational.

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SPECT Less Costly Than PET, CTA

For the evaluation of patients with suspected CAD, the costs of single-photo emission CT were significantly lower than that of PET or coronary CTA, according to new data from the SPARC registry.  At 2 years, patients who underwent PET had higher costs and mortality compared with SPECT, and patients who underwent coronary CTA had higher costs and similar mortality compared with SPECT, researchers reported.

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Industry Report Shows Bleak 2013 for Med Tech Industry

Things were not looking up for the med tech industry in 2013. A report released today by EP Vantage, “MedTech 2013 In Review,” showed worsening market conditions for device makers last year, with mergers and acquisitions taking the biggest hit.

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