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Market Memo: Fast-growing AED market saves lives, multiplies value.(Industry Overview)
September 1, 1998... By Curt Werner Although the market remains comparatively small by most industry standards, few segments can boast the same annual growth and future growth opportunities presented in the market for automatic external defibrillators. AEDs are...
Furious pace of M&A activity reshuffles orthopedics lineup.(Industry Overview)
September 1, 1998... By Curt Werner Mighty Johnson & Johnson, long the subject of rumor and speculation that it would move to raise its stake in the orthopedics segment, found its mark this summer and finally pounced. On July 21, the New Brunswick, N.J.-based...
Industry news.
September 1, 1998... Long-term care group still set to acquire MedEcon Services Although the agreement is still awaiting signatures, the sale of MedEcon Services Inc., one of the industry's oldest group purchasing organizations, is still on the front burner at...
Product strategies.
September 1, 1998... n "Silently," Cordis "slinks in" with new Shinobi steerable guidewire Although its FDA-cleared indication restricts use of the product to treatment of a relatively small universe of patients, Miami-based Cordis Corp. expects its new...
OSHA begins focus on needlesticks.
September 1, 1998... Pressure appears to be mounting for the federal government to try and reduce the threat of needlesticks to health care workers. During a conference on worker safety in Washington last month the Occupational Safety and Health Administration...
Correction.(Correction Notice)
September 1, 1998... The August issue of Health Industry Today incorrectly identified the Internet address of PSS World Medical, the Jacksonville, Fla.-based distributor ("PSS WorldMedical acquires three more operations," p. 3). The correct address for the PSS...
Contract notes.
September 1, 1998... McKesson General Medical, Richmond, Va., signed a new three-year prime vendor agreement that makes the medical-surgical supply distributor exclusive provider for the Adventist Health System. McKesson G.M. estimates the contract value at...
AHRMM/ASHMM '98 report.
September 1, 1998... Vendors find materials managers enjoy renewed influence Even more intriguing than the organization's new name is the notion that perhaps for the first time in several years, the nation's materials managers seem to have restated their...
The Internet and medical device sales: health care e-commerce, still in its infancy, but growing fast.
September 1, 1998... By Curt Werner The majority of U.S. hospitals now offer World Wide Web connections to purchasing staff, but few institutions are actually using the Internet to order medical supplies. That fact has not deterred literally hundreds of medical...
New coronary stent player.
September 1, 1998... n Boston Scientific ramps up quickly after NIR stent clearance After a series of missteps that led to delays in its product launch, Boston Scientific Corp. finally picked up FDA clearance to sell its vaunted NIR stent on Aug. 12. Now, as...
Worth reading: Here are a few current articles of interest to readers of Health Industry Today:.
September 1, 1998... -- Hospital Materials Management: In the September issue of HMM, North Carolina Healthcare Enterprises (NCHE), Raleigh, N.C., is moving its $8 million in annual purchasing volume to HealthCare Purchasing Partners International LLC (HPPI),...
around the industry.
September 1, 1998... Pfizer Inc., New York, has sold its American Medical Systems business to a private equity firm. Minnetonka, Minn.-based American Medical Systems, which manufactures urological devices for the treatment of erectile dysfunction, urinary...
show biz:.
September 1, 1998... Editor's Note: If a trade show or expo you are or were involved with increased (or decreased) the number of participants, exhibitors or floor space, let HIT know. We're also interested in your reactions to today's trade shows. Contact Curt...
price & production report.(Producer Price Index)
September 1, 1998... Analysis: The unadjusted finished goods component of the Producer Price Index increased by just over 0.2% in July to 130.9. This index, which measures pricing at the manufacturer level, now stands 0.3% below its July 1997 level. Reversing a...
Purchasing Managers: 2nd straight month of manufacturing slowdown.
September 1, 1998... July marked the second consecutive month that the pace of growth in the nation's manufacturing sector slowed, according to the latest report from the National Assn. of Purchasing Management. The July result was only the second month of...
newsmakers.
September 1, 1998... * OEC Medical Systems Inc.: Darryl J. Ellis was named vice president of sales and sales support marketing for this Salt Lake City-based manufacturer of medical imaging systems. He joins OEC after 10 years at Nobel Inc.'s electronic data...