Category: Financial

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Finalists Announced for Pediatric Medical Device Symposium

Winners of this year’s competition were awarded up to $25K each at the Children's National Sixth Annual Pediatric Device Innovation Symposium, held in Philadelphia on September 23. This year’s competition focused on pediatric cardiovascular devices, an area of significant need where advancements can make life-saving differences in the care of children.

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Royal Philips Acquires TomTec Imaging Systems

Royal Philips, Amsterdam, the Netherlands, has signed an agreement to acquire TomTec Imaging Systems GmbH, Munich, Germany, a provider of intelligent image analysis software, especially for diagnostic ultrasound.

Want to Maximize Your Conference Attendance? Here’s How

With less than a week until the New Year, it’s a great time to think about the career goals you wish to accomplish in 2017. Whether that involves seeking a promotion, attending a training session or taking a class, such goals can all be enriched (or achieved) by attending a professional conference, says VA Greater Los Angeles Healthcare System Supervisor Biomedical Engineer Clarice M.L. Holden, BSE.

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Report: Point-of-Care Testing Makes Gains

The menu for point-of-care (POC) testing covers continues to expand, and the future holds even more advancement of POC tests and devices, according to a new Kalorama Information report. Past success of POC testing relied on the development of tests that use user-friendly techniques and alternative samples; but for the next 5 years and beyond, a measure of success will depend on the addition of value added dimensions to POC tests, it continues.

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How the Internet Is Changing Diagnosis

Diagnosis is the primary and most critical step toward a successful treatment—however, diagnostic errors can take a huge toll at both an individual and system level. In this article, HealthClues founder Sandeep Pandey shares what HTM professionals need to know about physician errors—and ways to combat them.

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Why Your Hospital’s Mobility Solutions Are Falling Flat

When it comes to the bring-your-own-device (BYOD) revolution, enterprises in heavily regulated industries, such as health care, must comply with more stringent regulations than ever before. Unfortunately, the BYOD movement is even more complex in these instances.

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Generally Accepted Accounting Practices

In the past two Prep Talk columns, we looked at key management issues you need to be aware of for the certified healthcare technology manager (CHTM) exam, such as how equipment purchasing fits into your organization’s strategic plan. This month’s installment looks at another area of the CHTM exam: accounting.

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It’s Back! Rust-Out

In April 1999, 24×7 published a Soapbox column titled “Rust-Out: The Silent Affliction,” describing how some biomeds stop progressing technology-wise and stay in their comfort zone, not looking to advance or take on new challenges. Dave Harrington thought that problem was in the past, but at a recent meeting of the New England Society of Clinical Engineers, the biomeds and clinical engineers in attendance were showing many of the signs that lead to this professional burnout.

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Financial

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Olympus Agrees to Pay $646 Million Fine for Kickback Violations In US and Latin America

Endoscopes distributor Olympus Corp of the Americas has agreed to pay a $623.2 million fine to settle criminal charges and civil claims related to the company's illegal payment of kickbacks to doctors and hospitals. The settlement is the largest amount in United States history involving violations of the Anti-Kickback Statute by a medical device company. The company's Latin American division will also pay $22.8 million to resolve criminal charges in Latin America.