Medtech’s top leaders commit to interoperability – but can the data back it up?

Integrating data into the care process holds a great deal of promise for the healthcare industry. But medical device industry leaders agree that there are system complexities that need to be solved — with lack of good data a critical issue. That was a major takeaway from a Healthcare Technology Leadership Panel at the 6th Annual

China’s private hospital revenue expected to triple by 2019

Grace Palma, China Med Device The public healthcare system in China is getting overcrowded. Medical resources are getting stretched thin and this is particularly evident in level III public hospitals. The government, aware of the challenges, has opened up the healthcare system to private investments as outlined in its 13th five-year plan. At the same time,

Masimo launches UniView data integration system

Masimo (Irvine, Calif.) recently announced that it has launched its UniView system to help promote data sharing and team coordination between multiple clinicians. The UniView system is an integrated display of real-time data and alarms that others its information from a number of Masimo and third-party devices. It helps clinicians in operating rooms, intensive care

Allina Health and Zipnosis partner to expand online care platform

Minneapolis-based Allina Health and Zipnosis have recently partnered to update Allina Health’s online diagnosis and treatment service. Allina Health — a major Twin Cities health system — recently launched its Everyday Online platform that is powered by virtual care company Zipnosis. Allina Health Everyday Online is designed to bring convenient access to patients through Minnesota and Western Wisconsin.

7 digital health startups you need to watch in 2018

If you want to see where the big money is going in healthcare these days, digital health products are the place to look. Digital health startups raised $11.5 billion in 2017, up 27 percent over 2016, according to the StartUp Health Insights Year End Report. Digital health startups are doing everything from enhancing patient-provider relationships to

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Genae acquires Hilbert Paradox

Medical device contract research provider Genae (Antwerp, Belgium) recently acquired the digital health data management platform Hilbert Paradox. The financial details of the deal were not disclosed. Hilbert Paradox (HPX) captures and correlates digital health data by using different computing power, AI and data analytics. The company’s goal is to increase health data equity to improve

10 women medtech leaders you should know

There is a women’s leadership gap in the U.S., and women in medtech have been working to alleviate that problem. According to a report from the Centers for American Progress, women hold 52% of professional jobs in the U.S., but only 14.6% are CEOs, 8.1% are top earners and 4.6% are Fortune 500 CEOs. More specifically,

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Minor orthopedic implant market to be worth $2.2 billion by 2021, analysts say

The minor orthopedic replacement implant market will grow from $1.5 billion in 2017 to $2.2 billion in 2021, according to analysts from The Business Research Co.. The company’s  Minor Orthopedic Replacement Implants report said the industry will experience an annual growth rate of over 7%,  driven by a higher rate of arthritis and fractures. Osteoarthritis

Risk management for cloud-powered medtech: What you need to know

Cloud-enhanced medical devices are on the rise. There are some incredible benefits to the trend, as well as some increases in risk. Medtech developers should take note of the risks to properly develop a risk management strategy.  Michael Ford, Pro Back Office As we kickstart 2018, there are increasing concerns and risk challenges for the

Optum CEO Renfro steps down to lead expanded investment fund

In a major personnel shift, UnitedHealth Group announced this week that Larry Renfro, CEO of its subsidiary Optum, will step away from the corner office to become managing partner of Optum Ventures and its expanded $600 million investment fund. Ex-GlaxoSmithKline chief executive, Andrew Witty, will take Renfro’s place as CEO of Optum on July 1,

Mayo Clinic and Orbita forge partnership to expand health and wellness content reach

Mayo Clinic and Orbita recently announced that they have collaborated to deliver Mayo Clinic’s health and wellness content through digital voice assistants — with the goal of improving patient education, engagement and quality of care. Orbita’s digital experience management services include voice and conversational artificial intelligence technologies that work with chatbots, Amazon Alexa, Google Home and more. Mayo Clinic,

Medtech’s existential crisis and how it can survive

Executives in medtech and other life sciences companies view digital health startups and high tech giants as an existential threat. To compete, they’re going to have to invest in or acquire customer engagement and personalization skills usually associated with online retailers and social networking sites, according to a new report out today from EY. The

Attivo Networks receives validation from BD for BOTsink cybersecurity solution

Attivo Networks recently announced that it has received validation through a BD Product Security Partner Program for its BOTsink cybersecurity deception solution when used with BD devices. The company recently expanded its IOT portfolio, and the BD collaboration will allow for improved detection capabilities against cyber threats that impact medical devices. The deception-based threat detection

How blockchains could empower patients and secure data

Blockchains are best known as the technology behind cryptocurrencies such as Bitcoin. But the founders of a young Atlanta-based company called Patientory think they could have another important use – securing health data and empowering patients along the way. Secure access to patient data is a major issue for the healthcare industry. Patients have a

Do not let the spreadsheet be the database – centralize it

Charlotte Morello, Novasyte Health It is easy to fall into the rhythm of receiving multiple spreadsheets from various sources – be it sales, regulatory, marketing or quality – and by having them in one place, feeling like the recall is “under control.” In working with more than half of the largest med-tech companies globally, Novasyte