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Former managers of a Tampa Florida-based radiology company Advanced Diagnostic Group (ADG) and its employee stock ownership plan (ESOP) retirement benefit manager GreatBanc Trust Co. will pay $19 million to settle a class action lawsuit. The suit alleges they allowed the ESOP’s value to be diverted to managers, directors and their shell companies and away from employee participants. money gavel court lawsuit legal judge judgement

The litigation stems from a 2023 recall of CPAP machines and ventilators that caused users to inhale pieces of foam during use. The faulty units were linked to at least 561 deaths.

Money handcuffs price cost cap

Connecticut, Delaware, Massachusetts, Nevada, New Jersey, Oregon, Rhode Island and Washington have already established such healthcare cost growth targets. 

Sectra receives FDA approval for use of DICOM in digital pathology

The clearance covers the use of Sectra’s digital review application in conjunction with Leica’s Aperio GT 450 DX scanner.

Medicare money payment reimbursement dollar decline. More than 100 U.S. medical societies are throwing their support behind a new proposal that could reform out-of-date Medicare policies and help limit future payment cuts. 

Physician payments are down slightly across the board, but they've fallen significantly for a handful of specialties. Researchers examined the long-term impact this trend could have on patient care.

Abbott's Espirit BTK Everolimus Eluting Resorbable Scaffold gained U.S. FDA approval in April 2024. It is based on the former Abbott Absorb coronary stent, but indicated for use in peripheral artery lesions below the knee (BTK).

The bioresorbable stent, examined at length for the LIFE-BTK clinical trial, stays in place for up to three years before completely dissolving. 

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Owner UnitedHealth had claimed services would be largely restored by late March, but doc groups such as the MGMA claim things are still a mess. 

H5N1 bird flu in cows

Infectious disease experts are ratcheting up their watchfulness of the H5N1 influenza virus. That’s because the strain of “bird flu” has continued turning up in domestic livestock.

The healthcare employers’ trade group said a nationwide ban on noncompete contracts will stifle investment in new technologies.

Vanderbilt University Medical Center

Also, lung cancer-focused Leadoptik scores $5M in seed financing, Hyperfine earns $3M grant to extend research, and Intelerad supports new AAWR-RadEqual partnership. 

patient acceptance of medical AI is rising

Patients can be persuaded to place almost as much confidence in diagnostic AI as they have in primary care physicians.

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The research, published in Stroke and Vascular Neurology, suggests that just four hours of physical activity per week can reduce the significance of a brain bleed.

A figure from the HRS remote monitoring consensus document on staffing challenges with remote monitoring.

The Heart Rhythm Society released a new expert consensus statement on the management of remote device clinics for implantable EP devices.

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The litigation stems from a 2023 recall of CPAP machines and ventilators that caused users to inhale pieces of foam during use. The faulty units were linked to at least 561 deaths.

Connecticut, Delaware, Massachusetts, Nevada, New Jersey, Oregon, Rhode Island and Washington have already established such healthcare cost growth targets. 

The clearance covers the use of Sectra’s digital review application in conjunction with Leica’s Aperio GT 450 DX scanner.