Here are eight things for spinal surgeons to know for April 26, 2018.
New NFL committee chairman Dr. Nicholas Theodore co-authored 2016 paper calling for more research on CTE, football link
Nicholas Theodore, MD, the newly appointed chairman of NFL's head, neck and spine committee, highlighted the need for additional research on the connection between Chronic Traumatic Encephalopathy and football players in 2016, The Chicago Tribune reports. In 2016, he co-authored an article titled, "Football and Chronic Traumatic Encephalopathy: How Much Evidence Actually Exists?" Read more, here.
Implanet Q1 revenue dips 9%, US spinal sales up 16%
Implanet reported first quarter revenue dropped 9 percent over the same time last year, reaching nearly $2.5 million. Spine revenue dropped 2 percent to around $1.3 million while the knee and arthroscopy revenue dropped 17 percent to $1.1 million.
AAOS has spent $780k on the 2018 election cycle so far
The American Academy of Orthopaedic Surgeons has spent around $780,977 on political spending for the 2018 election cycle, according to Open Secrets. The organization has made $211,500 in contributions to leadership political action committees and $153,150 on contributions to parties. Click here to find out the top recipients from the AAOS.
Emory Healthcare, Walmart to partner for employees' spine, joint replacement surgery
Walmart will now include Atlanta-based Emory University Orthopaedics & Spine Hospital and Emory Orthopaedics & Spine Center in its national spine surgery and joint replacement centers of excellence programs. The COE programs are designed for Walmart associates needing spine or joint care across the nation. These centers receive a fixed bundled payment for specific procedures.
Dr. Payam Farjoodi on the No. 1 challenge in the spine industry
Payam Farjoodi, MD, an orthopedic spine surgeon at Spine Health Center at MemorialCare Orange Coast Medical Center in Fountain Valley, Calif., tells Becker's Spine Review what he views as the supreme obstacle in the spine industry. Read what he said, here.
Self-employed orthopedists earn $38k more than employed
Orthopedists earn an average annual compensation of $497,000, according to the "Medscape Orthopedist Compensation Report 2018." Self-employed orthopedists earn $536,000 compared to $469,000 for employed orthopedists. Read more, here.
FBI raids home of former CEO of Tulare Regional Medical Center, seizes items related to management of hospital
FBI agents and the Tulare County district attorney's office seized several electronic devices and documents during a recent raid of the former Tulare Regional Medical Center CEO's home, according to the Visalia Times Delta. Investigators sought a warrant to search the home of former Tulare Regional Medical Center CEO and Chairman Benny Benzeevi, MD, for documents and information related to his company, Tulare-based Healthcare Conglomerate and Associates, according to court documents cited by the Visalia Times Delta. Read more, here.
ASC chains own 28% of the market
The top ASC multi-state operators own around 28 percent of Medicare-certified ASCs in the U.S., showing how fragmented the market remains today, according to VMG Health Intellimarker. ASC industry consolidation is in full swing and will likely continue over the next few years. Additionally, multi-state ASC operator ownership growth has outpaced the number of overall new ASCs every year.