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Market & Industry Briefs

Brief summaries of recent medtech market and industry developments. This month we cover a new GAO report that ups the pressure on the medical imaging market; Cordis Corp.'s suspension of its PFO closure device program; Atritech's PMA for stroke prevention; Zimmer's acquisition of Abbott Spine; and the US market for contraception devices and procedures.

Diagnostic imaging studies have been under scrutiny for some time now, as payors and regulatory bodies debate whether such scans are overused by physicians. (See "Diagnostic Imaging: Screening Faces Scrutiny," Medtech Insight, January 2008 Also see "Diagnostic Imaging: Screening Faces Scrutiny" - Medtech Insight, 1 January, 2008..) But this summer, the Government Accountability Office (GAO) ratcheted up the pressure (and the debate) even further when it released an analysis calling for routine preauthorization of medical screening tests. The GAO analysis was requested in 2006 by Congress, which is looking for ways to meet medical care cost reduction mandates imposed by the Deficit Reduction Act of 2005.

According to the GAO report, Medicare Part B Imaging Services: Rapid Spending Growth and Shift to Physician Offices Indicate Need for CMS to Consider Additional Management Practices, Medicare spending for...

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• By Marion Webb

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Podcast: Lung Life AI CEO Shares Regulatory And Reimbursement Journey For Lung Cancer Diagnostic

 
• By Natasha Barrow

In this episode, Medtech Insight reporter Natasha Barrow speaks to LungLife AI CEO Paul Pagano. Lung Life AI is a US-based AIM-listed medical technology company that has developed a liquid biopsy test for the early detection of lung cancer called Lung LB. Pagano runs through the highlights of Lung Life AI journey to date and its future ambition for a strategic partnership. He also provides advice to similar diagnostic companies seeking reimbursement andcompliance with the US FDA Lab Developed Test ruling.

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• By Brian Bossetta

During MD&M East last week, regulatory consultant Darren Reeves reminded device manufacturers that the time to get ready to comply with the new Quality Management System Regulation is now.

Handheld Diagnostics: A Resurging Category That is Here to Stay

 
• By Barnaby Pickering

Handheld diagnostics are more powerful, accessible and clinically relevant than ever. Medtech Insight spoke to companies behind such technologies to learn how they work and discuss their commercial models.

Execs On The Move: 12-23 May 2025

 
• By Medtech Insight Team

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