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AI hospital coding added $942m to Blue Cross costs, insurer study says
A Blue Cross Blue Shield Association study says increasingly aggressive AI-assisted hospital coding generated about $942 million of additional costs for its member insurers during 2024 and 2025. The association says more complex diagnoses often did not correspond with increases in treatments that would normally be expected if patients had actually become substantially sicker.
Eurobio Scientific profit nearly doubles as CareDx acquisition precedes €25.30 take-private offer
Eurobio Scientific profit nearly doubled as its $171 million CareDx acquisition expands transplant diagnostics ahead of a €25.30 buyout offer.
EBR Systems wins up to 93% Medicare base-payment increase for WiSE procedures
EBR Systems, Inc. says United States Medicare has finalised materially higher inpatient reimbursement for eligible WiSE procedures, strengthening hospital economics as the company works to convert early implants into a broader commercial rollout.
Rivanna Medical wins first CMS code for real-time neuraxial ultrasound navigation
Rivanna Medical, Inc. has secured the first national inpatient procedure code for computer-aided ultrasound navigation with continuous needle tracking during neuraxial anesthesia, but the code does not establish additional Medicare payment.
Aptitude Medical clears next Metrix COVID test before December EUA transition
Aptitude Medical Systems, Inc. has secured its first traditional FDA 510(k) clearance for the next-generation Metrix COVID Test, reducing dependence on emergency authorization as the U.S. COVID device EUA framework approaches its December 26 termination.
Medtronic adds LigaSure to Hugo RAS as robotic surgery battle moves to instruments
Medtronic plc has secured FDA clearance for the LigaSure RAS Maryland instrument on Hugo RAS, bringing vessel-sealing technology used in more than 45 million procedures into its U.S. robotic surgery platform.
Boston Scientific’s cyberattack knocks its 2026 outlook off course
Manufacturing, order fulfilment and shipping have been restored, but the medical-device group still cannot quantify the full financial damage and will reset expectations with third-quarter results.
Powerful Medical wins FDA De Novo for Queen of Hearts heart-attack ECG AI
Powerful Medical has secured FDA De Novo authorization for its STEMI AI ECG Model, creating a new U.S. regulatory pathway for software designed to identify and triage acute coronary occlusions from ordinary 12-lead ECGs.
Axogen funds $200m BioCircuit acquisition with a $208.7m equity offering
Axogen is acquiring BioCircuit Technologies for $200 million in cash while issuing 4.91 million new shares at $42.50 to finance the deal, linking NerveTape expansion directly to shareholder dilution.
Emboline clears FDA as Emboliner takes full-body protection into U.S. TAVR market
Emboline has secured FDA 510(k) clearance for Emboliner, opening U.S. sales of a TAVR protection system designed to capture debris heading toward both the brain and other organs.