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" ... Headquartered in Danvers, Mass., Abiomed (ABMD, 79) develops technologies to assist or replace the life-sustaining pumping function of a failing heart. Abiomed's main product, called Impella, is a tiny pump that's 1/100 the size of the human heart and can be inserted into the heart via catheter. By moving blood from the left ventricle of the heart to the body's organs, Impella helps to relieve the diseased heart by increasing blood flow in patients in cardiogenic shock following a heart attack and in patients undergoing cardiac surgery or high-risk angioplasty. Shares trade for 80 times my forward estimate of $1, with 80% gross margins and 30% revenue growth. ... "
" ... Levy gave the example of being released from the hospital and needing a catheter while at home. “Yes, you could buy one online, but you don’t know which catheter, what material, what size, how to use it or what to do if something happens. Carewell provides this consulting service, plus e-commerce. With 90 percent of Americans wanting to age in place, this level of support is critical.” ... "
" ... Put simply, a clinician cannot pay another clinician to refer a patient to him or her (kickback). Say a clinician (or healthcare executive) sends a referral to an outside clinic and receives money back for the referral. The referring provider makes money for every patient they send and the hospital (in this example) accrues the financial benefit of the referral, maybe by utilizing an expensive test, a heart catheter, etc. ... "
" ... The Catheter ABlation vs ANtiarrhythmic Drug Therapy in Atrial Fibrillation (CABANA) trial, sponsored by the NIH with additional support from industry (including St. Jude Medical, Johnson & Johnson, Medtronic, and Boston Scientific), randomized 2,204 patients with AF to catheter ablation or drug therapy. The results were presented by Douglas Packer (Mayo Clinic) at the annual meeting of the Heart Rhythm Society (HRS) in Boston on Thursday. ... "