Business

Varian Medical Systems to acquire PerkinElmer’s medical imaging business for $276 million

Varian Medical Systems’ imaging components business announced an agreement to acquire PerkinElmer’s medical imaging business for $276 million. In addition, the components business will become an independent public company called Varex Imaging Corporation in January 2017. PerkinElmer’s medical imaging business is a supplier of digital flat-panel X-ray detectors that can be used for industrial, medical, dental and veterinary X-ray systems.

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Varian Medical Systems Spin-Off: What To Do?

Varian Medical Systems (NYSE:VAR) spin-off is getting closer to completion. The company has filed its separation and distribution agreement which you can find here. The filing still doesn’t give details into exactly what the distribution ratio will look like. The spin-off is planned to be a tax-free distribution. I expect it to be completed in the first quarter of 2017. The new company name will be Varex Imaging.

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ECRI issues its annual list of the top health technology hazards

Every year, ECRI Institute’s Health Device Group issues a list identifying the top ten potential device-related sources of danger in the coming year. Along with the list, accompanying strategies for mitigating the various trouble-areas are also included.

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GE Healthcare Announces Terms of Software Non-Resale

On July 13, 2016, GE Healthcare sent a letter to IAMERS, which we understand was also sent to others who are brokers and resellers of GE Healthcare Medical Imaging Devices.  This letter details GE Healthcare’s policy on the Terms of Software Non-Resale.

Click here to read the letter.

GE asks third-parties to stop selling CT and MR with sub-licensed software on them

GE Healthcare wants brokers and re-sellers of its medical equipment to be aware that not all the software on its CT or MR systems can necessarily be bundled into the sale of the equipment itself.

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Apple is hiring a lawyer who specializes in medical privacy, hinting at bigger health tech ambitions

Apple wants to hire a high-level lawyer who specializes in health privacy regulations, the latest sign of the iPhone maker’s growing ambitions in the healthcare market.

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Health Care Economics and Radiology

Health care is unique in its economics, but regardless of how it’s defined, an emerging market is clear: consumerism and information seeking, Saurabh Jha, MBBS, assistant professor of radiology at the Hospital of the University of Pennsylvania, said at ACR 2016.

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Who was at IAMERS and what happened?

For more than 20 years, I have been attending the IAMERS Annual Meeting. I am always glad that I attend; I always walk away a little bit smarter and it gives me the chance to see a lot of different people. This year was no exception. 
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Healthcare of the future requires a retooling of medical education

The physicians of tomorrow must be grounded in the hard sciences, ethics and a commitment to lifelong learning while they’re in medical school, writes Elaine Schattner, M.D., a semi-retired oncologist and journalist, in Forbes.
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Medical Device Tax Suspended for Two Years

President Barak Obama signed a nearly $2 trillion spending package into law on Friday that included provisions to suspend the sales tax on medical devices through 2017. The suspension of the 2.3% tax was part of a larger spending bill that will fund the government through September 2016.

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