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PITTSBURGH, Aug. 03, 2016 (GLOBE NEWSWIRE) -- Two accomplished CEOs – one from the health care industry and the other from the pharmaceutical field – have joined forces to launch Velocity Fund Partners, a private equity fund targeting the life sciences and health care services sector within the health care industry.
OLATHE, Kan., July 06, 2016 (GLOBE NEWSWIRE) -- Hooper Holmes, Inc. (NYSE MKT:HH) today announced the addition of MinuteClinic, the walk-in medical clinics located inside select CVS Pharmacy and Target stores, to its national health screening network. Also, Hooper Holmes will be adding flu shots to its onsite screening services offering.
TORONTO, July 06, 2016 (GLOBE NEWSWIRE) -- NOVADAQ® Technologies Inc. ("NOVADAQ" or the "Company") (NASDAQ:NVDQ) (TSX:NDQ), the leading developer and provider of clinically relevant imaging solutions for use in surgical and diagnostic procedures, announced today the appointment of Rick Mangat, Ph.D. as its President and CEO.
New business line offers customers expanded transformation and advisory services, asset management services, and managed department services.
CANTON, Mass., June 27, 2016 (GLOBE NEWSWIRE) -- EY announced that Collegium’s CEO, Michael Heffernan, received the EY Entrepreneur of the Year® 2016 Award in the Life Sciences and Healthcare category in New England. This year marks the 30th anniversary of the EY Entrepreneur of the Year Award program. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Winners were selected by an independent panel of judges, and the award was presented at a special gala event at the Marriott Copley Place on June 23, 2016.
FAIRFAX, Va. (June 28, 2016)— The Society of Interventional Radiology (SIR) submitted comments to the Centers for Medicare and Medicaid Services (CMS) recommending changes to the April 27 Quality Payment Program proposed rule.
Beijing, China – HTA Co., Ltd. (HTA), the largest Chinese producer and distributor of radio-pharmaceuticals, and SHINE Medical Technologies (SHINE), a U.S. company dedicated to being the world leader in the safe, clean, affordable production of medical isotopes, announced today that the companies have entered into a strategic agreement for the supply of molybdenum-99 (moly-99). The supply agreement, which marks HTA’s first with a U.S. supplier of moly-99, demonstrates both companies’ ongoing commitment to ensuring that the medical imaging community has reliable and secure access to moly-99 to meet the needs of patients.
WARSAW, Ind. and AUSTIN, Texas, June 07, 2016 (GLOBE NEWSWIRE) -- Zimmer Biomet Holdings, Inc. (NYSE:ZBH) (SIX:ZBH) (Zimmer Biomet or the Company), a global leader in musculoskeletal healthcare, and LDR Holding Corporation (NASDAQ:LDRH) (LDR), a global medical device company focused on designing and commercializing novel and proprietary surgical technologies for the treatment of patients suffering from spine disorders, today announced that both Boards of Directors have approved a definitive agreement under which Zimmer Biomet will commence a tender offer to acquire all of the outstanding shares of LDR for $37.00 per share in cash, which implies a transaction value of approximately $1.0 billion. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2016.
ATLANTA--(BUSINESS WIRE)--Chicago-based Affiliated Radiologists P.C., has selected McKesson Business Performance Services(McKesson) to help strengthen the organization’s business reporting and benchmarking. McKesson will provide the services as part of a broad range of revenue cycle management capabilities, including clinical documentation assistance, medical coding, medical claims management, denial management, business analytics and healthcare regulatory compliance.
Amsterdam, the Netherlands and Tampere, Finland – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it has signed a strategic partnership agreement with Heart Hospital in Tampere, Finland, to jointly innovate in cardiac care and further reinforce Heart Hospital as a European center of excellence for heart treatment. The multi-year agreement has a value of approximately EUR 19 million, and is the first strategic partnership awarded to Philips in Finland and the third in the Nordic region.
SAN FRANCISCO--(BUSINESS WIRE)--The Board of Directors of McKesson Corporation (NYSE:MCK) today declared a regular dividend of twenty-eight cents per share on Common Stock. The dividend will be payable on July 1, 2016, to stockholders of record on June 6, 2016.
Mountain View, CA, May 24, 2016 — BrightWater Medical, Inc. announced today that it has successfully completed a Series A financing round for $5.2 million. The round was led by OSF Ventures, the corporate investment arm of regional health system OSF HealthCare, and included investments from angel groups and private investors. The funding has covered initial costs for product development, intellectual property, and regulatory filings for BrightWater’s innovative ConvertX™ Nephroureteral Stent System* and will accelerate its on-going, advanced development towards US and European approvals.
Peoria, IL (May 24, 2016) –OSF Ventures, the corporate investment arm of OSF HealthCare, led a $5.2 million Series A financing round in BrightWater Medical, Inc., a California-based mid-stage medical device company founded by a Peoria doctor.
INDIANAPOLIS--(BUSINESS WIRE)--Zotec Partners (Zotec), the industry-leading provider of radiology revenue cycle and practice management services, announces a revenue cycle management (RCM) services renewal with Radia Inc., PS, the largest and most progressive radiology group in the Pacific Northwest. In the extended agreement, Zotec will continue to manage the practice’s revenue cycle and offer RCM technologies and data access that contribute to the practice’s continued growth and sustainability.
(NEW ORLEANS) — Dr. Vinod Nair, President and Chief Software Architect of Objective Medical Systems (OMS), and Dr. Peter Fail, Chief Privacy Officer, have been selected as New Orleans CityBusiness Health Care Heroes for 2016, placing them among the top medical professionals in the Greater New Orleans area.
SALT LAKE CITY--(BUSINESS WIRE)--The Board of Trustees of Intermountain Healthcare has selected Dr. A. Marc Harrison, 52, as the new president and CEO of Intermountain Healthcare when Dr. Charles W. Sorenson, 64, retires on October 15, 2016.
NORWALK, CT – May 3, 2016 – Health care merger and acquisition activity began to slow down in the first quarter of 2016. Compared with the fourth quarter of 2015, deal volume decreased 7%, to 351 transactions. Deal volume was also down 7% compared with the same quarter the year before. Combined spending in the first quarter reached $79.5 billion, an increase of 87% compared with the $42.5 billion spent in the previous quarter, according to Health Care M&A News.
LONDON, UK (GlobalData), 3 May 2016 - The global market for contrast media injectors is set to increase from $830 million in 2015 to almost $1.8 billion by 2022, representing a Compound Annual Growth Rate (CAGR) of 11%, according to research and consulting firm GlobalData.