MassDevice.com +5 | The top 5 medtech stories for May 24, 2017

Say hello to MassDevice +5, a bite-sized view of the top five medtech stories of the day. This feature of MassDevice.com’s coverage highlights our 5 biggest and most influential stories from the day’s news to make sure you’re up to date on the headlines that continue to shape the medical device industry. Get this in your inbox everyday by subscribing to our newsletters.   5. Feds charge ex-Medicare employees with insider trading Former employees at the Centers for Medicare & Medicaid Services used confidential information on Medicare reimbursement changes for radiation treatments and dialysis in a nearly $4 million insider trading scheme, federal prosecutors and the U.S. Securities & Exchange Commission alleged today. An SEC lawsuit and a criminal complaint accuse political consultant David Blaszczak, founder of Precipio Health Strategies and the one-time colleague at CMS of Christopher Worrall, of feeding inside information on the rate changes from Worrall through Blaszczak to traders at Deerfield Management. The traders – Ted Huber and Jordan Fogel – are accused of using the information to make moves on healthcare stocks affected by the Medicare rate changes, allegedly racking up profits of $3.9 million. Fogel pleaded guilty last week, the prosecutors said. Read more 4. Boston Scientific’s post-approval Alair study shows long-term asthma improvement Patients treated with the Alair device made by Boston Scientific showed long-te...
Source: Mass Device - Category: Medical Devices Authors: Tags: News Well Plus 5 Source Type: news