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Medtronic news from FierceHealthcare

News

Senate Finance probes Medtronic contract cancellations

On concerns that health costs could rise for hospitals and patients, Sen. Max Baucus (D-Mont.), chairman of the Senate Finance Committee, said Monday he was starting an investigation over Medtronic's Read more...

Spinal fusions, millions in Medtronic royalties look fishy

Compared with other hospitals in the U.S., Norton Hospital in Louisville, Ky., ranks No. 3 in total number of spinal fusion surgeries performed between 2004 and 2008, according to the Wall Street Read more...

Medtronic divulges it paid docs over $15.7 million in royalties, consulting fees

Well ahead of the 2013 requirement, medical-devicemaker Medtronic Inc., has for the first time revealed how much it has paid U.S., doctors in royalties and consulting fees, a move Sen. Herb Kohl Read more...

Doctor claims he was fired after refusing to use Medtronic stents

A cardiologist formerly with Lahey Clinic has filed a lawsuit alleging that he was fired for refusing to use Medtronic stents, a controversial charge in an era when government officials are taking a Read more...

Medtronic CEO defends paid physician consulting contracts

Lately, medical device companies and pharmaceutical giants have been taking a lot of heat for their relationships with doctors. Critics suggest that it's seldom, if ever, a good idea for doctors to Read more...

Medtronic deal with spine surgeon draws Grassley's ire

Continuing his efforts to keep a spotlight on cozy financial relationships between industry players and physicians, Sen. Chuck Grassley (R-IA) is asking tough questions about the relationship between Read more...

SPOTLIGHT: Medtronic says it paid doctor $788,000

A scandal involving a falsified medical journal article came into clearer focus this week when Medtronic disclosed that it had paid the author almost $800,000 over the past eight years. The author, a Read more...

Medtronic rebuked by Grassley for failure to disclose consulting relationship

Medical devicemaker Medtronic has announced that it has suspended its consulting arrangements with a former military physician who has been accused of falsifying research involving the use of a Read more...

Medtronic warns of higher pacemaker failure rates

Medical devicemaker Medtronic has sent out a letter warning doctors that it found a higher rate of failure in its Kappa and Sigma brand pacemakers than it had originally predicted. The company is Read more...

Medtronic plans disclosure of doctors getting $5K-plus annually

Medical devicemaker Medtronic has become the latest of a string of companies agreeing to voluntarily disclose their payments to physicians. Starting in March 2011, the company plans to begin Read more...

Press Releases

Medtronic Announces First Patient Enrollment in Clinical Trial Assessing Guideline-Based Heart Failure Management in Prima

IMPROVE HF Bridge Study Will Examine Specific Gaps in Implementation of Guideline-Recommended Treatment in Heart Failure Patients Post-Hospital Discharge MINNEAPOLIS--(BUSINESS WIRE)-- Medtronic, Read more >>

Medtronic Launches New Minimally Invasive Cardiac Surgery Products Through Exclusive Distribution Agreement with Miami Ins

MINNEAPOLIS--(BUSINESS WIRE)-- Medtronic, Inc. (NYSE: MDT) today announced that it has entered into an exclusive distribution agreement with Miami Instruments, LLC – a company focused on the design Read more >>

Medtronic Announces 510(k) Clearance for the Aquamantys SBS 5.0 Sheathed Bipolar Sealer for Spine Surgery

MINNEAPOLIS--(BUSINESS WIRE)-- Medtronic, Inc. (NYSE:MDT) announced today that it has received 510(k) clearance from the Food and Drug Administration (FDA) for the Aquamantys® SBS 5.0 Sheathed Read more >>

Negative FDA Panel Decision on Medtronic Unlikely to Lessen Demand for an Improved Treatment Method for Atrial Fibrillatio

Market for Atrial Fibrillation Treatments Will Remain Strong, According to Millennium Research Group TORONTO--(BUSINESS WIRE)-- According to Millennium Research Group (MRG), the global authority on Read more >>

Retrospective Study Shows New Device Significantly Reduces Blood Loss and Transfusions in Adolescent Scoliosis Corrective

MINNEAPOLIS--(BUSINESS WIRE)-- Medtronic, Inc. (NYSE: MDT) today reported results of an retrospective study available online and in an upcoming print edition of the Journal of Spinal Disorders and Read more >>