September 22, 2020 Judge Allison Burroughs of the District of Massachusetts denied the post-trial motion for acquittal or new trial made by the former Johnson & Johnson/Acclarent executives William Facteau and Patrick Fabian, who in 2016 were convicted on ten counts of misdemeanor adulteration and misbranding...
January 16, 2019 [caption id="attachment_52163" align="alignleft" width="300"] Source: The Street[/caption] #GoredByAUnicorn 2019 is the year of the venture capital (VC) funded startup IPO (initial public offering). The goal of any privately funded startup is to either get acquire by an conglomerate or to IPO, which is the first...
March 14, 2018 [caption id="attachment_51874" align="alignnone" width="1024"] Theranos is a venture capital-funded, privately held startup.[/caption] Today it was announced the Securities Exchange Commission (SEC) cut a deal with Theranos CEO Elizabeth Holmes. There is only one way returning shares of (worthless) stock, paying a $500,000 fine and...
Updated March 6, 2017 Updated: June 25, 2015 Supreme Court saves Obamacare (or Affordable Care Act ACA) and regardless if you are for or against the decision one problem that's not addressed is the high cost of private health insurance. This is not a criticism of the Act...
August 27, 2014 #CleanUpYourMeshJNJ #CleanUpYourMeshFDA It’s been pointed out on this site multiple times that more often than not when a company “decides” to pull one of their money making products off the market, it’s not so much their choice as it is a thinly veiled threat from...
Last year was the first for the medical device tax. Introduced with the Affordable Care Act, the 2.3% tax is expected to raise $30 billion from the industry over a decade beginning Jan. 1, 2013. Industry won some concessions before health care reform's approval. But...
Americans spend $2.8 trillion each year on medical care.* ICD codes are how hospitals and healthcare providers get paid. ICD-9 codes, of which there are 14,000 codes, have been a standard within the American healthcare system for decades. The new roll out of the ICD-10 codes, of...