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Business

Image: The General Electric Company has announced the decision to spin off its Healthcare business segment as an independent company (Photo courtesy of GE Healthcare).

GE to Spin Off Healthcare Business

In line with a sweeping strategic reorganization, General Electric Company has announced the decision to spin off its Healthcare business segment as an independent company. The move comes on the heels of a lengthy managerial review conducted by GE management under newly-appointed CEO John Flannery, and is expected to be fully implemented in the course of the coming 12 to 18 months. More...
26 Jun 2018
Image: Royal Philips has acquired Remote Diagnostic Technologies to strengthen its position in the resuscitation and emergency care market (Photo courtesy of Wisegeek).

Philips Acquires Remote Diagnostic Technologies to Expand Therapeutics

Royal Philips has acquired Remote Diagnostic Technologies, which offers advanced solutions for the pre-hospital market providing monitoring, cardiac therapy and data management. RDT’s portfolio of connected emergency care solutions will complement Philips’ Therapeutic Care business and strengthen its leadership position in the resuscitation and emergency care market. RDT’s acquisition will also strengthen Philips’ ability to innovate, drive digital transformation in healthcare, and enter new markets. More...
25 Jun 2018
Image: The HIT-W183/W153 terminals are designed for a wide range of uses within the hospital (Photo courtesy of Advantech).

Advantech Launches Healthcare Infotainment Terminals

Advantech Co., Ltd, a provider of medical computing systems and services, has launched the HIT-W183 and HIT-W153 healthcare infotainment terminals, which are specifically designed for a wide range of hospital applications. More...
20 Jun 2018

AI Software Platform Aims to Synthesize Biomedical Knowledge

nference, which focuses on artificial intelligence (AI)-powered life sciences, is developing an AI software platform to synthesize the exponentially growing biomedical knowledge. More...
12 Jun 2018

MEDICA 2018 Launches App Competition for Smart Products

The search for the best health app solutions in the world has begun with the launch of the seventh MEDICA App Competition. The competition is meant for applications for smart phones, smart watches, tablets or AR/VR glasses, but excludes fitness or wellness applications. All submitted applications for the MEDICA App Competition 2018 must have a connection with professional medical technology, and applications from start-ups that are still in the early stage are also invited. More...
11 Jun 2018
Image: The Modus V provides an alternative to the traditional operating microscope featuring an ocular or eyepiece that is commonly used by neurosurgeons to view magnified images of the brain (Photo courtesy of Synaptive Medical).

Digital Microscope Provides Advanced Visualization in OR

The Department of Neurosurgery at the Mount Sinai Health System has become one of the first hospitals in the US to use Modus V, a hands-free, robotically controlled digital microscope that provides advanced visualization in the operating room (OR). Modus V has been developed by Synaptive Medical Inc, a medical device and technology company. The system is the cornerstone of Synaptive’s BrightMatter platform, which integrates navigation, robotic automation, a digital microscope, and data analytics. More...
30 May 2018
Image: The Trees of Predictors algorithm uses machine learning and 53 data points to more accurately predict life expectancy after heart failure (Photo courtesy of UCLA).

Algorithm Accurately Predicts Heart Failure Survival

A team of researchers from UCLA have developed a new algorithm that more accurately predicts which people will survive heart failure and for how long, as well as whether they will receive a heart transplant or not. The algorithm will allow doctors to carry out more personalized assessments of people awaiting heart transplants, thus enabling health care providers to efficiently use limited life-saving resources and reduce health care costs. More...
30 May 2018
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HospiMedica Industry News channel updates the reader on mergers and takeovers, on cooperative agreements and on trends in the healthcare industry worldwide.