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Siemens $300 million Walpole groundbreaking set for June 30 Expanding a key manufacturing and R&D facility

Philips to buy EEG technology manufacturer for approximately €32.9 million Company plans to establish new neurology portfolio

Global hospital bed market to surpass $6 billion by 2021 Automated beds becoming a popular choice

Physician groups line up in support of proposed tweaks to MIPS and APMs Giving providers more time to adjust to new requirements

Philips to shutter Dunlee parts facility in Illinois, move operations to Germany Says GTC replacement market in 'significant' decline

RaySearch inks OIS deal with the University of Wisconsin-Madison Planned launch in second half of 2017

Army to modernize battlefield radiography with Canon's mobile X-ray units DoD to invest in over 100 RadPRO1 SOLTUS 100M systems

Better design needed for reusable devices, experts say Addressing challenges of reprocessing and reducing HAIs at MD&M East in NYC

Survey finds radiologists want greater involvement in patient care Workload and time constraints stand in the way

GE and Stryker announce 3-D printing partnership New machines, material and services on the way

Top stories of 2016

Top 10 health care business stories of 2016

by Gus Iversen , Editor in Chief
While year-in-review lists are a time honored media tradition, you would be hard-pressed to find someone who didn't think 2016 was truly exceptional. For better or worse, so much has happened in the U.S. and in the world, and the health care industry was impacted as much as any other.

From the perspective of health care business, our editorial team put our heads together to come up with the most impactful stories of the year. Here they are:

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10) Medicare pay cuts to push providers using film and CR toward DR systems

Hospital outpatient facilities and physicians’ offices still using analog and CR X-ray equipment need to begin thinking about making the switch to DR in order to avoid Medicare reimbursement reductions starting next year.

As part of the $1.1 trillion omnibus spending bill passed by Congress and signed into law by President Barack Obama, provisions in the Consolidated Appropriations Act of 2016 contained in Section 502 are designed to speed up the transition from traditional X-ray imaging to DR.

9) GE Healthcare relocates from UK to Chicago

After over a decade operating out of the U.K., GE Healthcare announced in January its plans to relocate to Chicago, bringing it closer to its Wisconsin-based imaging company.

The announcement came just a couple of days prior to the news that parent conglomerate, General Electric, will be relocating from Fairfield, Connecticut to Boston, Massachusetts.

8) LA hospital hackers get $17,000 in ransomware heist

A cyberattack at Hollywood Presbyterian Medical Center in February resulted in hackers receiving $17,000 in the form of 40 bitcoin, in order to resolve the issue.

The incident highlighted the rising threat – and potential effectiveness – of ransomware attacks, in which a facility is forced to pay a ransom in order to reclaim the security of its compromised patient data.

7) Google issues medical drone patent

Thanks to a patent awarded to Google in March, the tech giant may have a leg up on the competition when it comes to flying lifesaving medical equipment into remote locations on demand.

The patent describes a dispatch system, like an emergency intercom, that can call for a drone to fly in with an urgent delivery.

The device would allow users to press a button indicating the specific medical emergency or request, (cardiac arrest, neck injury, anaphylactic shock, arm splint, inhaler, etc.) and the system would deploy a drone to meet their needs at the scene. In the case of a heart attack, for instance, the system could theoretically deploy a defibrillator.
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