Stryker Corp. will pay $2.775 billion in cash for Sage Products Inc. to expand its portfolio of disposable products that can help hospitals reduce the incidence of so-called "never events," such as hospital-acquired infections.
Insurers are increasingly introducing financial incentives for hospitals to avoid preventable conditions, which are both detrimental to patients and very costly to the health care system. Stryker's Feb. 1-announced purchase...
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