CMS final rule announces a 21.2% Medicare physician payment cut for 2010


New initiative from orthopedic group guides physicians, hospitals in bone health education and treatment

1st on the web (December 18, 2009) The American Orthopaedic Association has developed a multidisciplinary, Web-based, quality improvement initiative to guide hospitals and practitioners in addressing bone health and fragility fractures. The Own the Bone initiative offers a registry, testing, counseling, treatment, education and communication components. According to its organizers, […]

Financial Recon

Symmetry Medical Announces Restructuring

WARSAW, Ind., Dec. 18 /PRNewswire-FirstCall/ — Symmetry Medical Inc. (NYSE: SMA), a leading independent provider of products to the global orthopaedic device industry and other medical markets, announced today a restructuring that includes a facility consolidation and other staff reductions designed to increase operational efficiency and drive annualized cost savings. […]

Spinal surgery goes 3D
Neuro Spine

Spinal surgery goes 3D

RALEIGH, N.C. — Ten percent of people withback pain undergo surgery, and a new three-dimensional imaging system is helping surgeons more accurately fix patients’ problems. WATCH VIDEO 3-D imagery makes spinal surgery easier Dr. Robert Allen, a neurosurgeon at WakeMed in Raleigh, recently performed surgery on a patient to relieve […]


AlloSource Recognized for Exemplifying Ethics Amongst Colorado Non-Profits

AlloSource a Samaritan Institute finalist in the 2010 Colorado Ethics in Business Alliance Awards CENTENNIAL, Colo., Dec. 17 /PRNewswire/ — AlloSource, one of the nation’s largest non-profit providers of skin, bone and soft tissue allografts for use in surgical procedures and the world’s largest processor of live cellular bone growth […]


Osteotech Submits 510(k) Application to FDA for Clearance of its Duratech(TM) BioRegeneration Matrix

EATONTOWN, N.J., Dec. 17 /PRNewswire-FirstCall/ — Osteotech, Inc. (Nasdaq: OSTE), a leader in the emerging field of biologic products for regenerative healing, announced today that it has submitted a 510(k) application to the United States Food and Drug Administration (FDA) to obtain marketing clearance for the use of its Duratech™ […]


Ouroboros Medical Inc. Establishes European Approval and Awarded 2009 Spine Technology Summit Award

PLEASANTON, Calif.–(BUSINESS WIRE)–Ouroboros Medical, Inc., an early stage medical device company focused on developing minimally invasive spine products for degenerated disc disease, has received approval to market Ouroboros’s spinal fusion product in Europe. Additionally, Ouroboros Medical recently accepted an award in November at the 2009 Spine Technology Summit Awards, for […]


George Nolen, Recently Retired CEO of Siemens Corporation, Joins InVivo Therapeutics Board of Directors

CAMBRIDGE, Mass.–(BUSINESS WIRE)–InVivo Therapeutics Corporation has added George Nolen, former President and Chief Executive Officer of Siemens Corporation, to its Board of Directors. The Board approved the appointment on Friday, December 11th. InVivo Therapeutics Chief Executive Officer Frank Reynolds is looking forward to reuniting with Nolen. During Reynolds’ time at […]

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DePuy unit snaps up British orthopedic implant maker

Johnson & Johnson’s DePuy Orrthopaedic division buys Finsbury Orthopaedics for an undisclosed amount. DePuy Orthopaedics Inc. acquired Leatherhead, U.K.-based hip implant maker Finsbury Orthopaedics Ltd. for an undisclosed amount. Warsaw, Ind.-based DePuy Orthopaedics is a division of DePuy Inc., which houses three of its divisions in Massachusetts and is a […]