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EchoChief Mindray 2010 Outlook

Mindray executives presented their full year 2009 earnings and shared their outlook for 2010.

First some points from their 2009 operations:

-China sales were up 24.8% in 2009

-Outside of China their next strongest sales gains were in Brazil, India & Russia

-Sales growth in USA and western Europe was essentially flat

… Continue

Added by EchoChief on March 9, 2010 at 10:41am — No Comments

EchoChief Valve Technology Catalyst To 3d TEE Adoption

In the Feb 5th 2010 Investor Meeting St Jude Medical executives outlined their near and mid term product portfolio.

New approaches to valve replacement and repair, that allow for iterative manipulations prior to the end of the procedure, with respect to final ring or valve placement were presented.

First long term. There is a minimal invasive aortic valve replacement sys… Continue

Added by EchoChief on March 8, 2010 at 10:54pm — No Comments

EchoChief 2009-2010 EchoChief Economic Survey Results

2009-2010 EchoChief Economic Survey Results

A year ago we posted a survey asking the community to comment on how the economic down turn had affected the volume of studies done in their lab.

52% reported their lab volumes had diminished. With 32% saying the volumes were down mildly, while another 20% said their study numbers were down significantly.

Those who respond that their lab volume had not been affected, 35%, were located primarily in large metropolitan areas.… Continue

Added by EchoChief on March 1, 2010 at 4:33pm — No Comments

EchoChief Three Products A Cardiologist Can Use From HIMSS 2010

After looking over the offerings at HIMSS for the cardiovascular ultrasound industry several items are worth noting.


First from Airstrip Technologies is a FDA-cleared, HIPAA-compliant platform that
securely delivers critical patient information, including virtual
real-time waveform data, directly from hospital monitoring systems to a
doctor or nurse’s smart pho

… Continue

Added by EchoChief on March 1, 2010 at 2:33pm — No Comments

EchoChief EchoChief Launchs Mobile Site

We have just launched new mobile site specific for smart phone users. We will be adding content to meet your needs in the coming days. Please visit us on the road and away from the lab at: http://echochief.com/mobile/ Continue

Added by EchoChief on January 6, 2010 at 3:38pm — No Comments

EchoChief Trends in The Next Decade for The Cardiovascular Ultrasound Industry

5 Jan 2010 Tim Thigpen, Editor I looked over the year that was 2009 in the cardiovascular ultrasound industry and decided the future was more important to focus on than history. Not that history is unimportant. I just think it can serve a better purpose by being used to predict future trends. Trends that will lead to growth and new standards in the decade to come are what I focus on. Future trends can be seen by placing what has already been accomplished along side advances that can be reason… Continue

Added by EchoChief on January 5, 2010 at 3:00pm — No Comments

EchoChief 25% of Hospitals to Buy New Systems in HIMSS Survey

The HIMSS surveyed 51 USA hospitals in June 2009 with regards to networking and IT support of "intelligent medical device products". This includes ultrasound systems. For the coming year only about %25 of the respondents had any plans to purchase new ultrasound systems.

… Continue

Added by EchoChief on December 8, 2009 at 5:21pm — No Comments

EchoChief Hospital CEO's Survey

A survey of 285 hospital chief executive officers conducted by AMN Healthcare, a USA healthcare staffing company, has just been released. In the past year the majority of respondents have kept their hiring levels about the same. The only group that will see an increase in the next 6 months is physicians.

… Continue

Added by EchoChief on November 17, 2009 at 1:30pm — No Comments

EchoChief Mindray, Philips and Siemens Absent At 2009 AHA

As if we need another reminder of the somber economic times Mindray, Siemens and Philips will not exhibit at the 2009 American Heart Association Scientific Sessions. As one insider put it, " It was either fewer large shows or fewer people." Still some may think of the axiom, "You can pretend to care but your can't pretend to be there." Continue

Added by EchoChief on November 12, 2009 at 1:59pm — 2 Comments

EchoChief Cardiovascular Ultrasound Industry Job Trends

Indeed.com reports that nearly all major industries experienced a significant drop in online job postings compared to a year ago.

The Health Care industry numbers indicate that health care job postings are down %15 while clicks on health care job ads are up %79.… Continue

Added by EchoChief on November 10, 2009 at 2:42pm — No Comments

EchoChief 2010 Hospital Outpatient Echo Payments

Centers for Medicare & Medicaid Services (CMS ) issued a final rule with comment period that updates payment policies and rates for both hospital outpatient departments (HOPDs) and ambulatory surgical centers (ASCs) for calendar year (CY) 2010: In General: -increase of %2.1in pa… Continue

Added by EchoChief on November 10, 2009 at 9:30am — 1 Comment

EchoChief Senate Bill 1776- Medicare Physician Fairness Act of 2009

Last Thursday 15 October Sen. Debbie Stabenow, D-Mich introduced Senate Bill 1776- Medicare Physician Fairness Act of 2009. The American Academy of Family Physicians explained the net effect of Senate Bill 1776: "The bill would reset the sustainable growth rate, or SGR, formula, which Medicare currently uses to calculate the physician fee schedule, to zero and eliminate the $245 billion debt that has accumulated… Continue

Added by EchoChief on October 20, 2009 at 4:30pm — No Comments

EchoChief Q3 Philips Healthcare Results Reveals Continued Market Slide

A close look at the recent Q-3 Philips financial results reveals the following about its Healthcare division -Order intake at Healthcare declined 11% compared to first nine months of 2008 -Healthcare Sales growth was down %3.8 in Q-3 2009 compared to Q3 2008 -Healthcare income as per cent of sales down % 1.1 in Q-3 2009 compared to Q-3 2008 and down %3.0 for the nine months Jan to Sept 2009… Continue

Added by EchoChief on October 14, 2009 at 9:35am — No Comments

EchoChief Technorati-Claim

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Added by EchoChief on September 30, 2009 at 1:46pm — No Comments

EchoChief EchoChief Covers Venture Capital Event

EchoChief has been invited to be a Blogging Partner for the upcoming "Juice Pitcher" event on October 6. Juice Pitcher is a partnership between T… Continue

Added by EchoChief on September 25, 2009 at 11:30am — No Comments

EchoChief SonoSite & Mindray Q-2 Results: Weak USA Demand

The Q-2 financial reports from Mindray and SonoSite reinforces previous indications from other players of dramatically slower sales and declining revenues for USA ultrasound operations. Mindray Highlights: -Q-2 net revenue outside China down ~ %5 -Difficult US environment due to deteriorated hospital financial s and uncertainties caused by the proposed healt… Continue

Added by EchoChief on September 15, 2009 at 6:30am — No Comments

EchoChief Economics of Echocardiography If CMS Cuts Allowed

Cardiology specialty organizations of physicians and allied health providers are alerting their membership of imminent economic peril, collapse of private offices, shift of echo services to hospitals, and loss of patient access to care if CMS proposals are approved. Here is a sample of their reaction to date: -ASE reports CMS wants to reduce by 42% payments for transthoracic echo spectral + color flow Doppler 93306… Continue

Added by EchoChief on August 31, 2009 at 12:01pm — No Comments

EchoChief How To Shop For Digital Lab Solutions

How To Shop For Digital Lab Solutions Whether you are growing an existing system or starting fresh, it makes sense to shop for a vendor who can tailor a scalable solution to your needs & budget. When you organize your thinking around a core list of needs it will guide you to identify the "must have" from "nice to have" features, regardless of the vendor who earns your business. These core needs almost always include clinical, operating & administrative objectives. If you are satisfying… Continue

Added by EchoChief on July 23, 2009 at 10:43pm — No Comments

EchoChief Predicting Ultrasound Product and Application Adoption

Ultrasound industry leaders all agree that new clinical opportunities, new deployment schemes within the provider's hospitals and clinics, and new changes in the economics of sonography are having a profound effect on their business. As if that were not complicated enough, market reaction around the world to products varies tremendously. Seven forces must be accounted for when predicting an ultrasound market's potential size and growth around the world. -Workforce The background, expertise an… Continue

Added by EchoChief on July 21, 2009 at 2:00pm — No Comments

EchoChief New Imaging Equipment Orders Appear Down at GE, Philips & Siemens

Recent quarterly numbers from GE, Philips and Siemens reinforces the fact that it continues to be a buyers market. Philips Q2 Report-Health Care Highlights "Comparable sales declined 5% year-on-year with softness in mature markets particularly North America..." -Equipment Order Intake down %9 -EBITA down 30mil Euro due to lower volume and price GE Q2 Report-Health Care Highlights "Technology Infrastructure earnings declined 11%,reflecting softened demand and pricing pressure in Healthcare… Continue

Added by EchoChief on July 19, 2009 at 12:05pm — No Comments

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