Monday, January 30
Philips Healthcare has reported a single-digit increase in sales for the fourth quarter of 2011 over the comparable 2010 fourth quarter, and the 2011 fiscal year over 2010.
Monday, January 23
Venture investments held strong and steady across healthcare in 2011, with medical devices finishing a close second to biopharmaceuticals in dollars invested and healthcare IT seeing a substantial increase over the previous year.
Monday, January 23
GE Healthcare has reported a 1 percent increase in fourth quarter revenues to $5.16 billion, and a slight drop—5 percent—in quarter profits to $953 million. However, the yearly revenue in 2011 rose 7 percent in 2011 over 2010—$18.08 billion versus $16.9 billion. Likewise, the healthcare unit’s yearly profits rose 2 percent from $2.74 billion in 2010 to $2.8 billion in 2011.
Monday, January 09
Nordion has reported increases in net income and revenue for the fiscal year (FY) 2011, despite losses in the fourth quarter. Also, the company made its predictions for how its isotopes unit will perform in FY2012.
Sunday, October 23
athenahealth, a developer of cloud-based practice management, EHR and patient communication services to medical groups, has announced an increase in net income and revenue for the third quarter of fiscal year 2011, ending Sept. 30.
Monday, October 17
While merger and acquisition activity may have slowed down in other industries, in the healthcare industry, 2011 merger and acquisition activity is poised to surpass last year’s results by about 20 percent, according to a report from Irving Levin Associates.
Friday, September 23
Healthcare market research firm Kalorama has reported a $7.1 billion market for remote patient monitoring in 2010 in the U.S., and expects an annual 25.4 percent growth rate, reaching $22.2 billion by 2015.
Tuesday, September 20
The Medical Imaging & Technology Alliance (MITA) was awarded money from the Commerce Department’s International Trade Administration Market Development Cooperator program to increase exports and expand access to diagnostic medical imaging, radiation therapy and radiopharmaceuticals in new markets.
Tuesday, September 13
iCAD has received a letter from The Nasdaq Stock Market stating that for the previous 30 consecutive business days, the bid price of the company’s common stock closed below the minimum $1.00 per share requirement for continued inclusion on The Nasdaq Global Market.
Wednesday, August 24
A recent survey of more than 300 financial managers in healthcare found that 70 percent of respondents collected less than 30 percent of their payments at the point of service and almost half collected less than 15 percent of payments prior to service. The survey was designed by the credit bureau TransUnion and distributed to attendees of the Healthcare Financial Management Association’s (HFMA) annual conference in June.
Tuesday, August 02
Written by Bob Mitchell
Successful health information exchanges (HIEs) tend to charge per subscription, rather than per usage, which could potentially discourage data sharing, according to a report released from National eHealth Collaborative (NeHC), which includes case studies from 12 sustainable HIEs.
Sunday, July 31
McKesson has reported a 4 percent dip in net income, despite a 9 percent increase in revenues for the fiscal first quarter of 2011, compared with the year-prior results.
Wednesday, May 04
Computer-aided detection (CAD) and radiotherapy company iCAD posted a net loss of $4.20 million in the first quarter (Q1) of 2011, compared with losses totaling $1.18 million in Q1 of last year.
Tuesday, May 03
Agfa HealthCare has increased prices on medical film by as much as 70 percent.
Thursday, April 28
Athenahealth, a Watertown, Mass.-based provider of internet-based business services for physician practices, released financial and operational results for the first quarter of fiscal year 2011.
Monday, April 18
Royal Philips Electronics has released its earnings report for the first quarter of 2011. Overall, Philips’ group sales were EUR 5.3 ($7.5 USD) billion, with EBITA of EUR 437 ($622 USD) million, or 8 percent of sales.
Tuesday, April 12
Novelos Therapeutics has completed its acquisition of Cellectar and $5.1 million financing to develop three novel cancer-targeted compounds.
Tuesday, April 05
Royalty Pharma has acquired the rights to certain royalties payable on sales of the pharmacologic stress agent Lexiscan and the antibiotic Cubicin from an undisclosed seller for a cash payment of $487 million.
Thursday, March 24
InSight Imaging and its subsidiaries have emerged from Chapter 11 bankruptcy, marking the elimination of nearly $300 million worth of debt and prepackaged corporate restructuring.
Monday, March 14
Lawson Software has received an unsolicited, non-binding proposal from Infor and Golden Gate Capital to acquire all of Lawson’s outstanding common stock at a price of $11.25 per share in cash, or approximately $1.8 billion. The parties are engaged in discussions regarding the proposal; however, there is no assurance that any agreement will be reached, according to a statement on the St. Paul, Minn.-based Lawson website.
