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The U.S. Food and Drug Administration has rejected a computer-assisted anesthesia system that uses propofol manufactured by Johnson & Johnson, after an advisory panel recommended its approval last May, according to an Associated Press report in the San Francisco Chronicle.

The Centers for Medicare & Medicaid Services has informed Medicare contractors that the interest rate for Medicare over- and underpayments has dropped to 10.875 percent, effective April 23, 2010, according to CMS Transmittal 166.

Mentor, Ohio-based US Endoscopy is planning a $4.7 million expansion, so the company can continue to design, make and sell its gastrointestinal endoscopy products, with the goal of moving into other specialties, according to a report in MedCity News.

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