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Employment models keep evolving | J&J MedTech ordered to pay $147M | Boston Scientific pulls plug on TAVR devices

News You Need to Know Today
Employment models keep evolving | J&J MedTech ordered to pay $147M | Boston Scientific pulls plug on TAVR devices
Wednesday, May 28, 2025
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Editor's Choice: Economics

Cardiology employment models undergoing a dramatic shift

Gerald G. Blackwell, MD, MBA, MedAxiom's president and CEO, examined how different cardiology employment models look today compared to even a decade ago.

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Gerald Blackwell, president and CEO of MedAxiom, discusses the business of cardiology at ACC 2025.
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Cardiology employment models undergoing a dramatic shift

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Gerald Blackwell, president and CEO of MedAxiom, discusses the business of cardiology at ACC 2025.
Gerald G. Blackwell, MD, MBA, MedAxiom's president and CEO, examined how different cardiology employment models look today compared to even a decade ago.
READ MORE >

Johnson & Johnson MedTech ordered to pay $147M for antitrust violations

The company told Cardiovascular Business it respectfully disagrees with the jury's decision and is evaluating all possible legal options going forward. The Association of Medical Device Reprocessors, meanwhile, celebrated the news.

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money court scale of justice ruling legal settlement
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Johnson & Johnson MedTech ordered to pay $147M for antitrust violations

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money court scale of justice ruling legal settlement
The company told Cardiovascular Business it respectfully disagrees with the jury's decision and is evaluating all possible legal options going forward. The Association of Medical Device Reprocessors, meanwhile, celebrated the news.
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Boston Scientific pulls plug on TAVR devices after failing to gain FDA approval

After years of trying to catch up with the competition, Boston Scientific is moving on. The company is no longer seeking approval from the FDA or any other regulatory agencies for these devices, and all global sales have been discontinued.

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pull plug electric socket
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Boston Scientific pulls plug on TAVR devices after failing to gain FDA approval

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pull plug electric socket
After years of trying to catch up with the competition, Boston Scientific is moving on. The company is no longer seeking approval from the FDA or any other regulatory agencies for these devices, and all global sales have been discontinued.
READ MORE >

Medtronic to spin off its diabetes business

One of the world's largest medtech companies could make a major move within the next 18 months. Que Dallara, the current president of Medtronic’s diabetes business, would be the new company's CEO.

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spin off spinoff separate business new direction new path
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Medtronic to spin off its diabetes business

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spin off spinoff separate business new direction new path
One of the world's largest medtech companies could make a major move within the next 18 months. Que Dallara, the current president of Medtronic’s diabetes business, would be the new company's CEO.
READ MORE >

Cardiology groups among the many voices asking Congress not to cut Medicaid

More than 40 U.S. healthcare organizations are urging Congress not to make sweeping Medicaid cuts that could result in approximately 7.6 million Americans losing health insurance.

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Kit Crancer, chair of the Radiology Business Management Association Radiology (RBMA) Patient Action Network, and senior vice president of public policy for Rayus, explains RBMA's concerns over how the Trump administration's $1 trillion in cuts to Medicaid will economically impact rural hospitals.
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Cardiology groups among the many voices asking Congress not to cut Medicaid

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Kit Crancer, chair of the Radiology Business Management Association Radiology (RBMA) Patient Action Network, and senior vice president of public policy for Rayus, explains RBMA's concerns over how the Trump administration's $1 trillion in cuts to Medicaid will economically impact rural hospitals.
More than 40 U.S. healthcare organizations are urging Congress not to make sweeping Medicaid cuts that could result in approximately 7.6 million Americans losing health insurance.
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ASNC, ACC ask US government not to tariff radiopharmaceuticals

The two groups stressed that tariffs would likely impact patient care.

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Cardiac SPECT nuclear imaging myocardial perfusion_Spectrum Dynamics_RSNA22_DF_3.jpeg
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ASNC, ACC ask US government not to tariff radiopharmaceuticals

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Cardiac SPECT nuclear imaging myocardial perfusion_Spectrum Dynamics_RSNA22_DF_3.jpeg
The two groups stressed that tariffs would likely impact patient care.
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Original Banksy artwork headed to auction—proceeds will help fund heart research

The piece in question, which features a red heart-shaped balloon, has an unusual origin story, even by Banksy’s standards. 

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Banksy art auction American Heart Association
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Original Banksy artwork headed to auction—proceeds will help fund heart research

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Banksy art auction American Heart Association
The piece in question, which features a red heart-shaped balloon, has an unusual origin story, even by Banksy’s standards. 
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In Case You Missed It

Cardiologist compensation drops 4%—still higher than most other healthcare specialties

Cardiology still ranks No. 4 overall, trailing just orthopedics, radiology and plastic surgery.

READ MORE >
Healthcare salaries and compensation
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Cardiologist compensation drops 4%—still higher than most other healthcare specialties

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Healthcare salaries and compensation
Cardiology still ranks No. 4 overall, trailing just orthopedics, radiology and plastic surgery.
READ MORE >

Family of heart patient who died awarded $45M after suing health system for negligence

The 55-year-old patient woke up experiencing chest pain one morning and an ambulance was called. He was dead just a few hours later. His family's lawsuit argued that delays in care, communication errors and other issues were directly responsible for his death.

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American Heart Association and Joint Commission launch new Comprehensive Heart Attack Center certification.
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Family of heart patient who died awarded $45M after suing health system for negligence

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American Heart Association and Joint Commission launch new Comprehensive Heart Attack Center certification.
The 55-year-old patient woke up experiencing chest pain one morning and an ambulance was called. He was dead just a few hours later. His family's lawsuit argued that delays in care, communication errors and other issues were directly responsible for his death.
READ MORE >

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