St. Vincent Orthopedic Hospital and its medical office building in Newburgh, Ind., has been sold for $88 million, Rebusiness Online reported July 9.
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Floyd Medical Center in Rome, Ga., is investing $3.9 million to add two robotic surgical systems, according to Polk Today.
In the next three years, private equity investment is expected to increase in orthopedics as many practices consider strategic partnerships to survive and thrive after the COVID-19 pandemic.
The FDA provides "breakthrough device" designation to products that are deemed effective to treat certain diseases and conditions. The designation speeds up the development, assessment and review for products.
Ara Deukmedjian, MD, has extensive experience having performed more than 2,000 cervical decompressive discectomies, treating more than 1,000 herniated or degenerated discs and doing more than 300 laser spine surgeries.
Zimmer Biomet's spine spinoff, NewCo, is expected to begin operations in mid-2022, with former Medtronic executive Vafa Jamali appointed CEO of the new independent company.
From a multimillion-dollar acquisition to advances in several innovations, here are five notes on SeaSpine so far in 2021:
Vero Beach, Fla.-based Vero Orthopaedics is moving into a new facility in the same city, according to a July 8 news release.
The Arthroscopy Association of North America and VirtaMed updated modules for hip surgery training, according to a July 8 news release.
Richard Teff, MD, is the latest neurosurgeon to join Waco, Texas-based Ascension Providence, which aims to develop its neurosurgery program into a well-rounded multidisciplinary practice, KWTX reported July 7.