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Cordis inks $1.1B acquisition | PE firm reportedly close to buying 2 Medtronic businesses | FDA clears AI model

News You Need to Know Today
Cordis inks $1.1B acquisition | PE firm reportedly close to buying 2 Medtronic businesses | FDA clears AI model
Tuesday, October 3, 2023
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Today's News and Trends

Cordis finalizes deal to acquire MedAlliance for up to $1.1B

The total value of the acquisition, first announced in 2022, is dependent on various regulatory and commercial milestones.

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money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.
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Cordis finalizes deal to acquire MedAlliance for up to $1.1B

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money business cash flow dollar. Kingsway Financial Services, a Chicago-based holding company with subsidiaries in several industries, has acquired New Jersey-based Digital Diagnostics Imaging (DDI) for $11 million. The transaction was funded with $5.4 million in cash and $5.6 million in debt financing.
The total value of the acquisition, first announced in 2022, is dependent on various regulatory and commercial milestones.
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Report: Private equity firm exploring deal worth more than $7B to acquire 2 Medtronic businesses

Carlyle Group, one of the world’s largest private equity firms, is reportedly working to buy the two business units and turn them into a brand new company. 

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mergers acquisitions puzzle M&A
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Report: Private equity firm exploring deal worth more than $7B to acquire 2 Medtronic businesses

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mergers acquisitions puzzle M&A
Carlyle Group, one of the world’s largest private equity firms, is reportedly working to buy the two business units and turn them into a brand new company. 
READ MORE >

FDA clears AI model for detecting signs of heart failure in ECGs

The advanced AI model, developed by Anumana with help from Mayo Clinic, could provide value as a screening tool for heart failure.

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AI artificial intelligence stethoscope doctor
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FDA clears AI model for detecting signs of heart failure in ECGs

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AI artificial intelligence stethoscope doctor
The advanced AI model, developed by Anumana with help from Mayo Clinic, could provide value as a screening tool for heart failure.
READ MORE >

Featured Articles

Excessive cannabis use linked to greater risk of heart attack, other cardiovascular events

Researchers examined data from nearly 60,000 adults, focusing on individuals who have been diagnosed with Cannabis Use Disorder. 

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cannabis use disorder marijuana joint weed smoking
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Excessive cannabis use linked to greater risk of heart attack, other cardiovascular events

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cannabis use disorder marijuana joint weed smoking
Researchers examined data from nearly 60,000 adults, focusing on individuals who have been diagnosed with Cannabis Use Disorder. 
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Death after TAVR: Heart failure, sudden cardiac arrest stand out as 2 leading causes

A majority of patient deaths within two years of TAVR can be linked to cardiovascular complications, according to new research published in JACC: Cardiovascular Interventions. Can follow-up care be improved to combat this trend? 

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American Heart Association and Joint Commission launch new Comprehensive Heart Attack Center certification.
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Death after TAVR: Heart failure, sudden cardiac arrest stand out as 2 leading causes

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American Heart Association and Joint Commission launch new Comprehensive Heart Attack Center certification.
A majority of patient deaths within two years of TAVR can be linked to cardiovascular complications, according to new research published in JACC: Cardiovascular Interventions. Can follow-up care be improved to combat this trend? 
READ MORE >

In Case You Missed It

The 50 best hospitals in the world for cardiac surgery

The new ranking, based on extensive survey data gathered by Newsweek, includes a total of 150 hospitals. Seven of the top 10 are located in the United States. 

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A study that analyzed patient outcomes in coronary artery bypass grafting (CABG) in veterans showed outcomes for on-pump and off-pump procedures over 10 years to be similar. Photo by Jim Lennon
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The 50 best hospitals in the world for cardiac surgery

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A study that analyzed patient outcomes in coronary artery bypass grafting (CABG) in veterans showed outcomes for on-pump and off-pump procedures over 10 years to be similar. Photo by Jim Lennon
The new ranking, based on extensive survey data gathered by Newsweek, includes a total of 150 hospitals. Seven of the top 10 are located in the United States. 
READ MORE >

Time for a change? Cardiology groups announce plan to develop a new medical board independent of the ABIM

"We know that the cardiovascular community is ready for an independent, self-governed entity, and we are proud to develop this new board with cardiologists and cardiology organizations at the helm," ACC President B. Hadley Wilson, MD, said in a statement.

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women doctors
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Time for a change? Cardiology groups announce plan to develop a new medical board independent of the ABIM

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women doctors
"We know that the cardiovascular community is ready for an independent, self-governed entity, and we are proud to develop this new board with cardiologists and cardiology organizations at the helm," ACC President B. Hadley Wilson, MD, said in a statement.
READ MORE >

In Other News

Medtronic warns of unauthorized sale of dangerous products

Before they were stolen, the McGRATH MAC laryngoscopes in question were set to be destroyed.

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McGRATH MAC video laryngoscope
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Medtronic warns of unauthorized sale of dangerous products

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McGRATH MAC video laryngoscope
Before they were stolen, the McGRATH MAC laryngoscopes in question were set to be destroyed.
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3D scanner capable of 5-second mammograms unveiled in Europe

Siemens Healthineers unveiled the new technology at the annual congress of the European Society of Breast Imaging in Valencia, Spain.

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Siemens Mammomat B.brilliant
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3D scanner capable of 5-second mammograms unveiled in Europe

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Siemens Mammomat B.brilliant
Siemens Healthineers unveiled the new technology at the annual congress of the European Society of Breast Imaging in Valencia, Spain.
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