medical devices

Threat of Health Care ‘Cadillac Tax’ Set to Vanish
Risk & Compliance

Threat of Health Care ‘Cadillac Tax’ Set to Vanish

Congress, White House include a repeal of the excise tax in 2020 funding legislation that's expected to be signed into law by Friday.
By David McCann | December 17, 2019
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Fresenius Medical Fined $231M in Bribery Probe
Risk & Compliance

Fresenius Medical Fined $231M in Bribery Probe

The German medical device company allegedly paid $31 million in bribes to doctors and public health officials in at least 17 countries.
By Matthew Heller | April 1, 2019
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Interim CFO Firm Succeeds by Keeping Sights Narrow
People

Interim CFO Firm Succeeds by Keeping Sights Narrow

Veteran life-sciences CFOs leverage their specialized expertise to run their own outsourced finance services business.
By David McCann | December 8, 2017
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Medtronic Sales Show Impact of Supply Glitch
Financial Performance

Medtronic Sales Show Impact of Supply Glitch

Sales of the company's diabetes division fell 1% in the first quarter amid a supply shortfall for its glucose monitor sensors.
By Matthew Heller | August 22, 2017
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Cardinal Health Buys Medtronic Units for $6B
Strategy

Cardinal Health Buys Medtronic Units for $6B

The deal will expand Cardinal's medical products business but its shares dropped 11.5% on updated guidance for fiscal 2017.
By Matthew Heller | April 18, 2017
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Medtronic to Acquire HeartWare for $1.1 Billion
Technology

Medtronic to Acquire HeartWare for $1.1 Billion

The deal gives Medtronic access to a market for a heart failure treatment that is expected to grow in the mid-to-high single digits through 2017.
By Katie Kuehner-Hebert | June 27, 2016
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Ex-Comerica CFO Parkhill Moves to Medtronic
People

Ex-Comerica CFO Parkhill Moves to Medtronic

Karen Parkhill, one of American Banker's Most Powerful Women in Banking, takes over as finance chief of the medical device maker.
By Katie Kuehner-Hebert | May 4, 2016
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Canon Takes Lead in Bidding War for Toshiba Unit
Technology

Canon Takes Lead in Bidding War for Toshiba Unit

Toshiba reportedly granted Canon preferential negotiating rights after it offered $6 billion for Toshiba's medical equipment business.
By Katie Kuehner-Hebert | March 9, 2016
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Stryker to Buy Sage Products for $2.78 Billion
Strategy

Stryker to Buy Sage Products for $2.78 Billion

The deal gives the medical device maker a portfolio of products aimed at preventing "never events" such as hospital-acquired infections.
By Katie Kuehner-Hebert | February 1, 2016
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Baxter To Cut 1,400 Jobs
Operations

Baxter To Cut 1,400 Jobs

The job cuts come after a quarter of falling sales and the addition of a hedge fund executive to the medical device maker's board of directors.
By Katie Kuehner-Hebert | October 27, 2015
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Health Care’s Cyber-Security Spend Found Lacking
Technology

Health Care’s Cyber-Security Spend Found Lacking

Health care lags other industries in preparedness for cyber attacks.
By Matthew Heller | September 1, 2015
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