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Atraverse Medical raises $29M to support FDA-approved heart tech

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.

The San Diego-based startup gained FDA approval for its Hotwire RF guidewire in 2024. The technology has already been used to perform hundreds of heart procedures.

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Bayer seeks FDA approval for gadoquatrane, its latest low-dose GBCA

gadolinium, GBCAs

The investigational agent uses 60% less gadolinium without sacrificing image quality, according to recent clinical trial findings.

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Could the metaverse be the new radiology education classroom?

virtual reality surgical planning

Photo by Michelangelo Buonarroti via Pexels

According to new data, the simulated virtual environment may be just as effective of a setting as the classroom for problem-based learning. 

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Late-breaking clinical trials announced for New York Valves 2025

Statue of Liberty New York City healthcare

The three-day event is now in its second year. Each day will feature late-breaking clinical trials focused on a different heart valve.

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Eli Lilly to acquire gene-editing specialists focused on CVD for up to $1.3B

merger acquisition M&A business

The company has agreed to acquire Verve Therapeutics for an upfront payment of approximately $1 billion. The total could increase significantly, however, if certain milestones are met. One of Verve's biggest gene therapies has already received the FDA's fast track designation.

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Senate unveils budget proposal that ditches House’s radiologist Medicare pay hike

Medicare

Radiology advocates on Monday said they were "deeply disappointed" with the decision while emphasizing it is still early in the process. 

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Radiology Partners scores No Surprises Act wins at 600% of ‘qualifying payment amount’

radiologist radiology pay compensation money dollar

UPDATED: “These high numbers highlight the disconnect between the two sides as they debate what constitutes a reasonable payment for OON services,” experts write in Health Affairs. 

  • Read more about Radiology Partners scores No Surprises Act wins at 600% of ‘qualifying payment amount’

Interventional radiology among top 5 specialties facing greatest physician shortages

healthcare workers moonlighting to make ends meet

Photo by Tim Mossholder via Unsplash

IR is the fastest growing specialty in California, with demand at 1.5 to 2 times the national average, according to new data from analytics firm Axuall. 

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Judge rips Trump administration for terminating DEI-advancing NIH grants: ‘Have we no shame?’

Judge bangs gavel

On Monday a district judge in Massachusetts declared the Trump administration’s squashing of billions in NIH grants “void and illegal.” 

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