Author: Claire Wallace

Physicians are up against several financial challenges in 2023, including recession fears and inflation that is ruining savings and retirement plans for many Americans. 

The University of Louisville (Ky.) Health-Jewish Hospital has completed its 3,000th joint replacement procedure using Mako's SmartRobotic system, according to a May 12 report from NBC affiliate WAVE.

Biomaterials company Sealonix has closed on $20 million in series A funding for the development of its next generation of hemostatic sealants for surgical use. 

Medical technology company Surgalign saw a $3.9 million dip in revenue in the first quarter of 2023 as compared with the same period last year, according to the company's first quarter financial report, released on May 11. 

Athens (Ga.) Orthopedic Clinic has broken ground on a 23,600-square-foot facility in Greensboro, Ga., according to a May 10 report from the Lake Oconee Breeze.

Brian Fiani, DO, joined Troy, Mich.-based Mendelson Kornblum Orthopedics and Spine Specialists in his home state after spending years practicing in California and New York. 

Orthopedic surgeons contribute around $74 billion in economic output nationwide, including more than 411,000 jobs, according to data from the American Academy of Orthopedic Surgeons. 

CFOs hold one of the top C-suite positions in companies nationwide. The highest paid CFOs in the spine device industry earn upwards of $4.2 million a year, on average. 

Columbus, Ohio-based Orthopedic One plans to build a 60,000-square-foot medical office building in a medical development in Gahanna, Ohio, according to a May 8 report from The Business Journals. 

Monogram Orthopedics is preparing to join the stock exchange, planning to be listed on the NASDAQ under the symbol MGRM. The company is completing an A+ funding round to prepare for the listing.