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Private equity buys EHR company for $1.1B | BMC pays patients’ electric bills | Class I FDA recall on incubators

News You Need to Know Today
Private equity buys EHR company for $1.1B | BMC pays patients’ electric bills | Class I FDA recall on incubators
Wednesday, November 6, 2024
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Today's News and Trends

Private equity firm to buy medical software company for $1.1B

Private equity investor Francisco Partners is purchasing AdvancedMD, a Utah-based EHR vendor that specializes in servicing small provider practices.

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Healthcare M&A, mergers and acquisitions business deal.
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Private equity firm to buy medical software company for $1.1B

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Healthcare M&A, mergers and acquisitions business deal.
Private equity investor Francisco Partners is purchasing AdvancedMD, a Utah-based EHR vendor that specializes in servicing small provider practices.
READ MORE >

Boston Medical Center installs solar panels to pay patients’ electric bills

A program dubbed the Clean Power Prescription sends half the energy generated by 519 solar panels on the hospital's roof back to patients, in the form of energy credits. 

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hospital sustainability joint commission
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Boston Medical Center installs solar panels to pay patients’ electric bills

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hospital sustainability joint commission
A program dubbed the Clean Power Prescription sends half the energy generated by 519 solar panels on the hospital's roof back to patients, in the form of energy credits. 
READ MORE >

FDA recalls infant incubators due to risk of door falling off

A loose screw on the Giraffe OmniBed is to blame. With updated use instructions and repairs, the incubators are safe to use. 

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Product Recall
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FDA recalls infant incubators due to risk of door falling off

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Product Recall
A loose screw on the Giraffe OmniBed is to blame. With updated use instructions and repairs, the incubators are safe to use. 
READ MORE >

Featured Articles

Kentucky AG launches criminal probe after conscious man nearly has organs harvested

Three years ago Anthony Hoover was declared brain dead—until he woke up on the operating room table, moments before his organs were removed. His story has spurred a criminal investigation by Kentucky's attorney general.

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Kentucky AG launches criminal probe after conscious man nearly has organs harvested

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Three years ago Anthony Hoover was declared brain dead—until he woke up on the operating room table, moments before his organs were removed. His story has spurred a criminal investigation by Kentucky's attorney general.
READ MORE >

FDA announces Class I recall of ventilators after 3 patient injuries

An unexpected nickel coating on the breathing circuits of Percussionaire Phasitron 5 ventilators is being blamed for the recall. The FDA is asking providers to stop using them immediately. 

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the words "FDA recall" on a board
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FDA announces Class I recall of ventilators after 3 patient injuries

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the words "FDA recall" on a board
An unexpected nickel coating on the breathing circuits of Percussionaire Phasitron 5 ventilators is being blamed for the recall. The FDA is asking providers to stop using them immediately. 
READ MORE >

Stewardship Health sale to private equity finalized for $245M

The physician group, once part of Steward Health Care, has been rebranded as Revere Medical.

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Stewardship Health sale to private equity finalized for $245M

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The physician group, once part of Steward Health Care, has been rebranded as Revere Medical.
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In Case You Missed It

CMS contractor takes $1.2M loss after data breach, DOJ lawsuit

Federal Data Solutions allegedly failed to encrypt screenshots of patient data, stored on a server being paid for with Medicare funds.

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DOJ U.S. Department of Justice HQ
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CMS contractor takes $1.2M loss after data breach, DOJ lawsuit

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DOJ U.S. Department of Justice HQ
Federal Data Solutions allegedly failed to encrypt screenshots of patient data, stored on a server being paid for with Medicare funds.
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Bipartisan group of 233 House members call for Medicare reform

In a letter, the undersigned asked Congress to halt cuts to Medicare reimbursement and enact a permanent system to adjust rates to inflation. 

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Bipartisan group of 233 House members call for Medicare reform

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In a letter, the undersigned asked Congress to halt cuts to Medicare reimbursement and enact a permanent system to adjust rates to inflation. 
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In Other News

Shockwave Medical’s IVL technology delivers more positive outcomes for PAD patients

Multiple late-breaking presentations at VIVA 2024 in Las Vegas focused on the benefits of treating peripheral artery disease with the company's intravascular lithotripsy portfolio.

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Shockwave Javelin Peripheral IVL Catheter
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Shockwave Medical’s IVL technology delivers more positive outcomes for PAD patients

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Shockwave Javelin Peripheral IVL Catheter
Multiple late-breaking presentations at VIVA 2024 in Las Vegas focused on the benefits of treating peripheral artery disease with the company's intravascular lithotripsy portfolio.
READ MORE >

Researchers receive grant worth millions to develop portable PET scanner

Experts are hopeful that the portable scanner could improve access to neuroimaging used in the diagnosis and monitoring of Alzheimer's disease.

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Researchers working to develop portable PET scanner
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Researchers receive grant worth millions to develop portable PET scanner

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Researchers working to develop portable PET scanner
Experts are hopeful that the portable scanner could improve access to neuroimaging used in the diagnosis and monitoring of Alzheimer's disease.
READ MORE >

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