After months of rumors and analyst speculation, Highmark CMS has, after all, cut the reimbursement rate for wireless cardiac monitoring MCOT services from $1,123.07 to $754. While some analysts have been anticipating a rate drop on the order of about $200 for the past few months, the rate cut was almost double that.
CardioNet, the only pure-play wireless health company that has gone public, is...
Jim Sweeney, the founder of CardioNet and new CEO of handheld barcode scanner company IntelliDot, has no interest in Intellidot as it operates today:
"This company in its current form is of no interest to me," Sweeney told Xconomy during a recent interview. "I have a vision of what can happen in terms of wireless technology and applications. I intend to take the company forward into providing...
