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February 5, 2014
08:33 EDTISRGIntuitive Surgical says study finds robot-aided hysterectomy lowers readmissions
New research finds that women with benign disease undergoing robotic-assisted hysterectomy are significantly less likely to be readmitted to a hospital within 30 days of their procedure than women receiving laparoscopic, abdominal or vaginal hysterectomy, according to Intuitive Surgical. This retrospective study also found that robotic-assisted surgeries resulted in significantly lower estimated blood loss, shorter overall hospital stays, and lower total readmission costs. Results from the study are published online in The Journal of Minimally Invasive Gynecology, the company announced.
News For ISRG From The Last 14 Days
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May 15, 2015
10:29 EDTISRGAmerican Urological Association to hold an annual meeting
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May 12, 2015
10:01 EDTISRGOn The Fly: Analyst Initiation Summary
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05:34 EDTISRGIntuitive Surgical initiated with a Neutral at Piper Jaffray
Piper Jaffray analyst Matt O'Brien started shares of Intuitive Surgical with a Neutral rating and $505 price target. O'Brien calls the stock "simply too expensive" relative to expected sales and earnings, but admits Intuitive's robotic surgical technology will likely dominate the market in the coming years. Further, the analyst thinks the company's da Vinci Prostatectomy and da Vinci Hysterectomy procedures could contract amid new diagnostic tests and insurance pushback. The stock closed yesterday up $2.05 to $496.37.

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