An 18-location orthopedic practice is suing Geico for $750,000 in damages, accusing the insurer of wrongfully denying "numerous" claims, South Florida Business Journal reports.
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The global cervical total disc replacement devices market is expected to surpass $5.3 billion by 2027, demonstrating a compound annual growth rate of 21.7 percent, according to Coherent Market Insights.
Orthofix is temporarily reducing the salaries of its U.S. employees, with the largest cuts being implemented at the executive and board level.
Douglas Blaty, DO, has performed about 40 spinal surgeries with a robotic-assisted device called an exoscope, according to The Spokesman-Review.
The Orlando Magic recently filed plans with the city to begin construction on a $70 million practice facility in June, the Orlando Sentinel reports.
CMS recommended a halt to elective surgeries across the U.S. in March to preserve resources for healthcare workers on the front lines as well as allow physicians and patients to practice social distancing.
Moody's reported the longer term revenue trends for medical products and devices are promising, especially related to minimally invasive procedures and robotics.
Alphatec Holdings reported its first quarter revenue grew 25 percent to 26 percent based on its preliminary results, but the coronavirus has forced the company to make some changes.
Smith+Nephew named a new CFO to oversee the company's finances.
The American Academy of Orthopaedic Surgeons recognized James Hill, MD, with its 2020 Diversity Award on March 30.