Press Releases

BELGRADE, Mont. and DALLAS, June 08, 2016 (GLOBE NEWSWIRE) -- Xtant Medical Holdings, Inc. (NYSE MKT:XTNT), a leader in the development of regenerative medicine products and medical devices and Pinnacle Spine Group, LLC, a developer of innovative spinal fusion solutions, today announced a joint agreement to expand distribution of Pinnacle's InFill® Lateral Lumbar Interbody Fusion System. Through this agreement, Xtant enters the lateral lumbar interbody fusion market, expanding its spinal hardware portfolio.

SAN FRANCISCO, June 07, 2016 (GLOBE NEWSWIRE) -- Enable Injections Inc., the developer of wearable medical devices that enable easy, at-home self-administration of high volume injectable drugs and biologics, opens its new Cincinnati manufacturing facility this month, the company announced today at the BIO meeting in San Francisco.

REDMOND, Wash., June 07, 2016 (GLOBE NEWSWIRE) -- Sensoria Inc., a world leader in wearable fitness and smart garment technology, is introducing its new smart line of colorful sports bras and t-shirts and training plans offered through a new version of the Sensoria Fitness v2.0 app. The new app, which will feature a cardiologist-created and tested algorithm called Heart Sentinel™,  connects to heart rate monitoring (HRM) garments and may detect certain cardiac irregularities that often precede catastrophic events. The new garments are designed to meet the needs of all levels of fitness enthusiasts by including a new medium support sports bra for women and a new short sleeve t-shirt for men.

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. 

NEW YORK, NY-May 24, 2016 - pingmd, Inc., a leading patient communication platform for healthcare, has announced the appointment of Susan Driscoll as president and CEO. Driscoll brings to pingmd deep operational expertise and nearly a decade of healthcare experience in her new role.  Dr. Gopal K. Chopra, co-founder and former CEO of pingmd will remain in an active role as chairman, focusing on innovation and growth initiatives.

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.

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.

NORWALK, Conn., April 27, 2016 /PRNewswire/ -- Zillion Group today announced the broad availability of its digital health technology platform, which specializes in live video consultation. Turning content, people-based services and programs into scalable digital products, Zillion enables companies to realize the true potential of mobile engagement and empower consumers to take control of their health. 

IRVINE, Calif., April 26, 2016 /PRNewswire/ -- Edwards Lifesciences Corporation (NYSE: EW), the global leader in patient-focused innovations for structural heart disease and critical care monitoring, today reported financial results for the quarter ended March 31, 2016.

San Francisco, CA (April 20, 2016) –  Today Doctor On Demand, the leading U.S. video medicine provider, announced a new partnership with Allergy & Asthma Network to improve allergy and asthma care for its members. Doctor On Demand will provide immediate access to board-certified physicians via video visits to the Network’s more than 2 million members as well as access to unique services specially designed for people with asthma or allergies. For example, Doctor On Demand will provide Allergy Home Inspections to help patients identify and remove allergens and asthma triggers from their homes. 

INDIANAPOLIS--(BUSINESS WIRE)--Zotec Partners (Zotec), the industry leader in radiology revenue cycle and practice management services, announces an exclusive revenue cycle management (RCM) agreement with Medical Administrative Professionals, LLC (MAP), the management services organization of Denver-based Diversified Radiology of Colorado, PC (DRC). DRC is a 55-radiologist practice that has undertaken billing in-house for several decades. In the new arrangement, MAP will employ Zotec’s RCM expertise, services and analytical tools to monitor data and contribute to the growth of the radiology practice.

Grand Rapids, MI – National Healthcare Decisions Day, April 16, has been established to inspire, educate, and empower healthcare providers and the public about the importance of advance care planning. Great Lakes Health Connect (GLHC) continues to expand the number of patient care documents and advanced directives in its health information exchange registry through collaborations with Michigan healthcare entities such as Making Choices Michigan and Spectrum Health’s Next Steps program.

SCHAUMBURG, Ill., April 12, 2016 -- The Society of Actuaries (SOA) today announced a new relationship with the Centers for Disease Control and Prevention (CDC) that brings actuarial science to public health practice as part of the CDC's 6|18 initiative. Insights from actuarial science will help further understanding of healthcare cost savings that can be achieved through evidence-based prevention. 

OMAHA, Neb., April 14, 2016 - Ensocare announced today that it has partnered with Dell Services to enable end-to-end coordination of discharge management and care transition processes for hospitals. The cloud-based discharge management platform, powered by Ensocare, will help Dell customers improve bed utilization and patient experience while reducing readmissions.

SAN FRANCISCO--(BUSINESS WIRE)--McKesson Corporation (NYSE:MCK) will release financial results for its fourth fiscal quarter ended March 31, 2016 on Wednesday, May 4, 2016, following the market close at approximately 4:00 PM Eastern Time (1:00 PM Pacific Time). The company has scheduled a conference call for 5:00 PM Eastern Time (2:00 PM Pacific Time), during which John Hammergren, chairman and chief executive officer, and James Beer, executive vice president and chief financial officer, will review these results.