Business

In response to recommendations by CMS for re-opening American health care systems, the American Academy of Orthopaedic Surgeons has released five clinical considerations for orthopedic surgeons and allied health professionals during the COVID-19 pandemic, according to an AAOS press release.

OMeGA Medical Grants Association has received a $7 million donation from Zimmer Biomet for fellowship education.

Novartis has acquired Ambylotech’s outstanding shares and will develop its digital technology for the treatment of amblyopia, according to a press release.

I recently completed my first multiyear contract as a member of a large multihospital health system with an academic affiliation on Long Island, New York. As I continue to grow and advance in my roles, I thought it would be appropriate to reflect on some challenges I have encountered during my 3 years in this transition from orthopedic training to orthopedic practice and to share my thoughts on a few lessons for which no amount of training can prepare you.

During this time of significant concern regarding transmission of the novel coronavirus and a recent warning from South Korea regarding the possibility of the virus recurring in patients with minimal COVID-19 symptoms who tested positive, it is difficult to navigate issues related to ASC management, staffing and surgical caseload. In this Healio Orthopedics Round Table, orthopedic surgeons discuss the dilemmas they face concerning ownership and overseeing their ASC facilities and how they are coping with current restrictions.

Haag-Streit Group, part of Metall Zug Group, has acquired 77% of VRmagic Holding’s shares, with an option agreement to purchase the remaining shares from employee shareholders within the next 3 years, according to a press release.

The American College of Surgeons has released a new surgical resource document that offers a set of principles and issues to guide health care facilities preparing to resume elective surgery once the COVID-19 pandemic has peaked in their areas.

Centinel Spine LLC received FDA clearance for its prodisc L lumbar total disc replacement system, the first device of its kind to be clinically tested and approved for two-level use, according to a company press release.

Published results showed use of uncultured, unmodified, autologous adipose-derived regenerative cells may be safe and may improve shoulder function without adverse effects in patients with symptomatic, partial-thickness rotator cuff tears.

Physicians of all specialties, including orthopedic surgeons, want to reduce taxes whenever possible. Although many orthopedists typically focus on active professional income, it is also crucial they spend some time and effort on how their investments are taxed. In fact, writing a large check to the IRS serves as a harsh reminder that tax planning, including as it relates to investments, requires attention throughout the year. It is not a technique that can be properly managed only at tax time.