Global mammo market to hit $2.8 billion by 2020; Philips to acquire med device maker Volcano Corp. for $1.2 billion;

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> The global mammography market is expected to reach $2.8 billion by 2020, according to a report from ABMRG. The surge in demand for mammography devices is coming from developing countries as well as the upgrade or replacement of analogue mammography systems in developed countries, according to the report. Announcement

> Philips has agreed to acquire American medical device maker Volcano Corporation for $1.2 billion, according to the New York Times. Volcano manufactures catheter-based imaging and measurement devices used to diagnose cardiovascular problems. Article

> An electromagnetic tracking device used during CT-guided biopsies reduces the number of scans needed, as well as patient radiation exposure, according to a study published in the American Journal of Roentgenology. Abstract

Health IT News

> Nearly half of patients participating in a trial looking at patient control of the medical records withheld clinically sensitive information from some or all of their care team. The Regenstrief Institute, Indiana University School of Medicine and Eskenazi Health (formerly Wishard Health Services) conducted the six-month trial involving 105 patients at a primary care clinic. Patients were allowed to designate who could see their records, including information on sexually transmitted diseases, substance abuse or mental health. Article

Health Finance News

> U.S. hospitals spend so much on unnecessary administration tasks that it adds about $2,000 to the typical American household's healthcare costs, new research by two physicians concluded. Article

And Finally... An armless arms violation. Article