Health Industry Today articles from January 1993

Health Industry Today archives from January 1993

Multiple parameters, compatibility drive domestic anesthesia market.
January 1, 1993... Patient monitors capable of displaying all parameters, coupled with a need for competitors to make their equipment compatible with each other will shape the domestic anesthesia market, according to a Health Industry Today survey of major...

Lasner in, Byington out, in Baxter-Stuart's deal. (Robert P. Lasner, Richard Byington, Baxter International Inc.'s acquisition of Stuart Medical Inc.)
January 1, 1993... Robert P. Lasner, chief executive officer of Stuart Medical Inc., and Ralph H. Liberatore, executive vice president/general manager of the distributor's medical specialty division, will remain with Stuart's in the wake of Baxter International...

Prostrate cancer market links Dornier, AmeriNet in first pact.
January 1, 1993... To better address the needs of a growing potential prostate cancer market, AmeriNet Inc., St. Louis, Mo., signed its first agreement with Dornier Medical Systems Inc., Atlanta, Ga. Under terms of the 14-month contract, which became...

Abbott '91 earnings up for 20th year.
January 1, 1993... Despite two antitrust suits and having to withdraw a potentially profitable new drug from the market, Abbott Laboratories, Abbott Park, Ill., expects to increase earnings and sales for 1992. If so, it would mark the 21st consecutive year that...

New Medtronic device targets sudden distress. (P.C.D. implantable cardioverter-defibrillator)
January 1, 1993... A new breed of implantable cardioverter-defibrillator, manufactured by Medtronic Inc., Minneapolis, Minn., could attract the same demand the company receives for its pacemakers in the United States, but the device must first receive clearance...

Environmental focus earns Nellcor the Bronze Star. (Institute of Packaging Professional's Bronze Star award)
January 1, 1993... A new package design that addresses the environmentally-conscious aspect of the medical industry has earned Nellcor Inc., Hayward, Calif., the Institute of Packaging Professionals' Bronze Star Award. Nellcor received the award in November...

Angioplasty could become a primary AMI treatment. (acute myocardial infarction, William Beaumont Memorial Hospital's Cindy Grines and Duke University's Daniel Mark's research reports at American Heart Association's annual meeting)
January 1, 1993... Angioplasty could position itself as a primary, rather than secondary treatment for acute myocardial infarction (AMI), following the results of two major studies that found the procedure equally if not more effective than thrombolytic therapy....

HIMA VP outlines medical device clearance procedures. (Health Industry Manufacturers Association Executive Vice President Ted R. Mannen)
January 1, 1993... Medical device manufacturers worldwide must develop an international information database available to regulators and vendors alike that contains the latest information about technology assessment, said Ted R. Mannen, executive vice president...

Cryogenic, Mountain Med move to combine operations. (Cryogenic Associates, Mountain Medical Equipment Inc.)
January 1, 1993... Cryogenic Associates, Bloomington, Minn., and Mountain Medical Equipment Inc., Littleton, Colo., are collaborating on a merger, but the details have yet to be determined. "We're just looking at a lot of things. It isn't any one thing yet,"...

The nuts and bolts of pursuing and attaining national accounts. (medical equipment industry) (Part 1)
January 1, 1993... Since the vast majority of all hospitals today belong to at least two group purchasing organizations (GPOs), the specialized area of national accounts has become increasingly significant to hospital decision-makers as they choose suppliers of...

Baxter, Nichols Institute sign $24 million, three-year agreement. (Baxter Diagnostics Inc.)
January 1, 1993... The Nichols Institute, San Juan Capistrano, Calif., signed a three-year, $24 million contract making Baxter Diagnostics Inc., Deerfield, Ill., its primary vendor, because Nichols was impressed with Baxter's individualized approach to the...

Automated blood testing unit targets small hospitals. (Roche Diagnostic Systems Inc. markets COBAS MIRA Plus, medical test kit)
January 1, 1993... Roche Diagnostic Systems, Inc. (RDS) Branchburg, N.J., a subsidiary of Hoffmann-La Roche Inc., Nutley, N.J., is targeting pathologists and laboratory managers at smaller hospitals with the company's new COBAS MIRA [R] Plus, an automated blood...

First non-ionic contrast agent for MRIs on market. (Bristol-Myers Squibb Co. markets ProHance magnetic resonance imaging contrast agent)
January 1, 1993... Bristol-Myers Squibb Co., Pharmaceutical Group, Princeton, N.J., is marketing the first non-ionic magnetic resonance imaging (MRI) contrast agent. ProHance [R] (Gadoteridol Injection), released in November, will be sold by the 100 reps in...

Siemens unleashes first PET on wheels. (Siemens Medical Systems Inc., positron emission tomography imaging system)
January 1, 1993... Siemens Medical Systems, Inc., Iselin, N.J., began marketing the first mobile positron emission tomography (PET) imaging system in October. Siemens currently has one of its mobile PET systems available for approximately $3 million, said...

New laser targets tattoos, office-based dermatologists. (Cynosure Inc.'s PhotoGenica T Alexandrite laser)
January 1, 1993... Cynosure, Inc., Bedford, Mass., is targeting office-based dermatologists with the company's new Alexandrite laser used to remove tattoos. The laser was introduced in December 1992 at the American Academy of Dermatologists Conference in San...

New device uses molten plastic to sterilize waste. (Spintech Inc.'s Thermal Plastic Activated Sanitizer)
January 1, 1993... Spintech Inc., York, Pa., is using molten plastic to sterilize infectious waste with the company's new Thermal Activated Plastic Sanitizer (TAPS). Once sterilized, the waste no longer requires special handling and disposal. Released in...

Electrode combines pacing, defibrillation, monitoring. (ZOLL Medical Corp.'s Pediatric Multi-Function Electrode)
January 1, 1993... ZOLL Medical Corp., Woburn, Mass., has entered the pediatric defibrillator and electrocardiogram (ECG) electrode markets with its new Pediatric Multi-Function Electrode [TM] (PMFE). Released during the first week of January, PMFE combines...

Producer Price Index down 0.3 in November.
January 1, 1993... Analysis: The finished goods component of the Producer Price Index decreased-0.3% from October to 123.9 in November. The index is 1.3% higher than one year earlier. Surgical instruments increased 1.1 % to 114.3, leading all...

HMOs increase profits by cutting medical loss ratios, managed care report finds. (health maintenance organizations, Marion Merrell Dow Managed Care Digest 1992 Update Edition, periodical)
January 1, 1993... Health maintenance organizations (HMOs) became more profitable by cutting their medical loss ratios, according to the Marion Merrell Down Managed Care Digest, 1992 Update Edition. Also, the number of people using HMOs increased, while the...

More employees using PPOs in 1992, report shows. (preferred provider organizations, Marion Merrell Dow Managed Care Digest, 1992 Edition, periodical)
January 1, 1993... The first half of the previous two years, the number of employees eligible to use preferred provider organizations (PPO) increased by 10% during the first half of 1992, according to the Marion Merrell Dow Managed Care Digest, 1992 Update...