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GE announced it is healthymagination initiative, in which the company will spend $3 billion over the next six years on healthcare innovation that will help deliver better care to more people at lower cost, according to a GE news release.

Newton-Wellesley Hospital, based in Newton, Mass., has received approval from the Framingham (Mass.) planning board to build a 24,000 square-foot outpatient screening and surgical facility in the town, according to a report in the Boston Globe.

Access Mediquip — Access Mediquip is one of the largest providers of outsourced implantable device management solutions. The company is a leader in handling medical device payment and related issues for ASCs. www.accessmediquip.com

We are all painfully aware of the current difficulty in the national economy. Despite a recent upturn, the stock market is still down more than one-third from its peak. The financial infrastructure of the nation has been redefined, with powerhouse…

Synthes, maker of the ProDisc artificial spinal disk, has settled an inquiry by the New Jersey attorney general, which accused the device maker of failing to disclose financial conflicts of interest for doctors researching its products, according to a report…

Michigan Governor Jennifer Granholm issued an executive order to cut $304 million from the state's general fund budget, which included a 4 percent reduction in Medicaid reimbursement for healthcare providers, according to a report in Crain's Detroit Business.

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