(Palo Alto, Calif.) says the image-guided and robot-assisted surgery (RAS) market earned revenues of $813 million in 2007 and estimates that this will increase at a compound annual growth rate of 25.8 percent between 2008 and 2014.
The company says that capital costs for robotics or image-guided surgery systems that can exceed $1 million are a key factor in their slow adoption. Proving that surgical robotics is cost effective and improves clinical success and a broad number of clinical applications involving minimal training can help expedite the market adoption of systems, it adds.
Englewood, Colorado-based health system Catholic Health Initiatives is in merger talks with San Francisco-based Dignity Health to potentially create one of the largest nonprofit health systems by revenue in the country.
The Ohio State University Wexner Medical Center (OSUWMC) received the American Health Information Management Association (AHIMA) annual Grace Award in recognition of its leadership in health information management.