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As of Jan. 1, all sales on medical devices will be taxed an additional 2.3 percent, as the federal government looks to make $20 billion in 10 years to pay for programs within the Patient Protection and Affordable Care Act. Exactly which programs has not yet been defined.
Published in
Spine and Orthopedic Devices and Implants
January 17, 2013
Stryker Offers to Buy Trauson Holdings in China for $764M
Stryker has offered to buy Trauson Holdings in China for $764 million in cash, according to Bloomberg.
Published in
Spine and Orthopedic Devices and Implants
January 07, 2013
NUI Galway Plans Release of OsteoAnchor Joint Technology
NUI Galway, an orthopedic device developer, has released its OsteoAnchor Technology for hip and knee replacements, according to Health Canal.
Published in
Spine and Orthopedic Devices and Implants
December 18, 2012
NASS Honors Outstanding Paper Award Winners
The North American Spine Society announced its outstanding paper award winners for 2012, according to AAOS Now.
Published in
Spine
December 17, 2012
Orthofix Pays $43M in Bone Growth Stimulation Settlement
Orthofix's investigation into its bone growth stimulation business has concluded, and the company will pay $43 million to fully resolve matters, both criminal and civil.
Published in
Spine and Orthopedic Devices and Implants
December 13, 2012
Spine Surgeon Dr. Connor Telles Joins Sierra Pacific Orthopedics
Connor Telles, MD, has joined the orthopedic team at Sierra Pacific Orthopedics in Fresno, Calif.
Published in
Spine
December 13, 2012
Spine Surgeon Leader to Know: Dr. Wayne Cheng of Loma Linda University Orthopaedic Group
Wayne Cheng, MD, is a board-certified orthopedic surgeon with a subspecialty in spine. He is a fellow of the American Academy of Orthopaedic Surgeons and practices at Loma Linda University Orthopaedic Group in San Bernadino, Calif.
Published in
Spine Leaders
December 12, 2012
Orthopedic, Spine Device Companies Brace for 2.3% Tax Impact
Medical device companies prepare for the 2.3 percent tax on device sales set to go into effect Jan. 1, according to St. Louis Biz Talk.
Published in
Spine and Orthopedic Devices and Implants
December 06, 2012
Thermedx Works to Increase National Device Presence
Solon, Ohio-based Thermedx is working to establish a national presence for its FDA-approved medical devices, and is in the process of securing $5 million of growth capital in the coming year, according to Med City News.
Published in
Spine and Orthopedic Devices and Implants
December 04, 2012
Spine CPT Code Guideline Changes Announced for 2013
CPT codes and guidelines changed slightly for orthopedic-related procedures, according to AAOS Now.
Published in
Spine