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money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.

While Kardium raised $250 million in an oversubscribed funding round, Field Medical raised $35 million. Both companies are focused on designing and developing new pulsed field ablation technologies to help treat challenging arrhythmias. 

Johnson & Johnson MedTech Automated Impella Controller

Johnson & Johnson MedTech has received reports of its Automated Impella Controller failing to connect properly with Impella heart pumps. If this happens, the FDA warned, it may put patients at risk.

Medicare Money dollar payment reimbursement

The Centers for Medicare & Medicaid Services said “malicious actors” created fake accounts for Medicare beneficiaries through the agency’s patient portal, using stolen data from an unknown source. The incident is being investigated. 

The two companies will continue combining components to make patient monitoring systems, under the new terms of the expanded deal that includes a "pledge program" to improve quality.

the words "FDA recall" on a board

Spectrum V8 and V6 infusion pumps may have accidentally had their software switched, which could result in underinfusion or a fluid overload. While no injuries have been reported, for safety the affected pumps need to be removed from where they are used and sold. 

large language model chatbot

Patients who put some personality into their symptom descriptions may flummox large language models—to unfortunate effect.

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More than 33,000 devices are affected by this recall. Customers may need to return and replace the purge cassettes included with their devices due to a risk of serious injury or death.