Medical technology company Enovis saw an 11 percent increase in net sales during the second quarter of 2022, bringing its total to $395 million, according to the company's financial results released Aug. 4.
Foot and ankle orthopedic medical device company Paragon 28 reported $42.5 million in revenue in the second quarter, up 19 percent from the same period last year.
Keith Hughes, an orthopedic surgeon whose medical license was revoked in 2021, was sentenced to five years of probation on Aug. 2 for writing fraudulent prescriptions and buying back thousands of painkillers from a patient, the Lincoln Journal Star reported.
Bundled payments provide a single payment for an episode of care and have been adopted by some insurers and healthcare companies.Two surgeons share their ideas on making bundled payments widely adopted in orthopedics.
Conmed Corp. announced Aug. 2 its acquisition of Biorez for $85 million. Conmed and Biorez are both key players in the orthopedics market, and the acquisition is expected to have a large financial impact, according to a report from Yahoo Finance.
Knee and hip replacement technology company Conformis has been creating new technology in the orthopedic tech space since its inception. Its current offerings include both standard and fully personalized implants.
South Dakota's Prairie Lakes Healthcare System finalized its acquisition of Glacial Lakes Orthopaedics in Watertown, S.D., Aug. 1, according to local broadcaster KXLG.
Conformis, a company offering personalized hip and knee replacements, has signed a multiyear agreement with Vizient, a healthcare performance improvement company.
Backus and Windham hospitals have become the first two hospitals in eastern Connecticut to earn The Joint Commission's gold seal of approval for advanced certification for total hip and knee replacement.
Conmed Corp. on Aug. 1 announced a definitive agreement to acquire Biorez, a startup focused on advancing the healing of soft tissue using its BioBrace implant technology.
Cedars-Sinai Kerlan-Jobe Institute orthopedic surgeon Bert Mandelbaum, MD, will perform knee surgery on Felipe Mora, a forward for Major League Soccer's Portland Timbers, the team said Aug. 1.
Philadelphia-based Rothman Orthopaedic Institute and CarePoint Health have cemented a 10-year partnership that will create an orthopedic Center of Excellence at Hoboken (N.J.) University Medical Center and Christ Hospital in Jersey City, expanding their partnership that began in March 2021.
