Orthopedic Business

The Federal Trade Commission proposal to ban noncompete clauses for all workers has sent powerful ripples through the health care industry, prompting physicians of all specialties to reevaluate their career trajectories.

Stryker announced a definitive agreement to acquire care.ai, which specializes in delivering AI-assisted virtual care workflows, smart room technology and ambient intelligence solutions, according to a company press release.

Smith & Nephew announced a partnership with Healthcare Outcomes Performance Company to collaborate on AI analytics and solutions for use in the ASC, according to a press release.

Zimmer Biomet Inc. announced it signed a definitive agreement to acquire OrthoGrid Systems Inc., according to a press release.

Hospital for Special Surgery announced Sheeraz Qureshi, MD, MBA, as chief medical officer of Hospital for Special Surgery Florida and David Backstein, MD, as medical director of Hospital for Special Surgery at NCH, according to a release.

Given the substantial investment to become a practicing physician, it should not be surprising that the most significant asset of most orthopedists is their ability to practice their profession.

OrthoXel announced FDA 510(k) clearance of the Vertex hip fracture nail. The Vertex hip fracture nail is indicated for use in fixation procedures for various fracture types and patient anatomies, according to a press release.

Graduating from an orthopedic residency is a monumental achievement, marking the end of a grueling journey and the beginning of an exciting new chapter in an orthopedists’ medical career.

Axogen Inc. announced the launch of the Avive+ soft tissue matrix for use as a barrier to protect and promote healing of the peripheral nerve after acute traumatic injury, according to a company press release.

Zimmer Biomet Holdings Inc. entered a limited distribution agreement with Think Surgical Inc. to exclusively offer the TMINI miniature robotic system for knee replacement, according to a press release.