Webinar: The top medtech stories of 2017

This webinar was presented live on Tuesday, January 30, 2018. Click below to watch on demand.     The medtech industry saw its transformation accelerate in 2017: Whether it’s the roster of largest companies, business models or the regulatory environment, times are a-changing. Competition is also heating up in areas including diabetes care and robotic

How medtech could stop the drug overdose crisis in the U.S.

The opioid epidemic is one of the deadliest problems facing the U.S. today. Through the development of new pain management devices, medtech could be a leader in solving the crisis. The prescription opioid overdose crisis in America didn’t start until the late 1990s, when pharmaceutical companies touted prescription painkillers that weren’t supposed to be addictive.

Stroke treatment: There’s a simple way to improve it in the U.S.

Technology is already available to greatly improve outcomes for people suffering from strokes, but the present healthcare system is standing in the way of people getting it, according to Stacey Pugh, VP and general manager of the neurovascular unit at Medtronic. The most important thing that could boost stroke treatment is passing proper legislation about

7 top stories that mattered for medtech in 2017

The medtech industry saw its transformation accelerate in 2017: Whether it’s the roster of largest companies, business models or the regulatory environment, times are a-changing. Competition is also heating up in areas including diabetes care and robotic surgery. Here are seven stories that mattered for the medical device industry this year. Next>>

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Report: Value-based medtech payment models lack appropriate quality measures

A new report from Discern Health and supported by industry group AdvaMed claims that current value-based payment models lack quality measures which effectively assess medical technology value. In the report, investigators identified what they claimed to be “significant gaps” in eight clinical areas it studied that included medical devices indicated to treat those conditions. Report […]

Is medtech behind the curve on value-based care?

Less than 60% of healthcare professionals think medical device brands meet their patient outcomes expectations – an important part of value-based care, according to a new survey from analytics platform company Vennli. “With the changes occurring in value-based healthcare model, healthcare providers are subject to more scrutiny than ever before. … Providers will put pressure on

Better medtech UDI management could be an app away

Boston-based 121nexus said it can solve UDI supply chain master data problems through image recognition technology. Experts say the best apps on the market are “peace of mind” apps. 121nexus aims to deliver that feeling with its scanner. The company launched a free scan app that can verify and “open up” GS1 and unique device

These 5 surgical startups want to build the OR of the future

As with most medtech advances these days, a running theme among top surgical startups is value. Innovators presented their surgical platform products in various stages of development at this year’s AdvaMed MedTech Conference as part of the Medtech Innovator Program, offering a view of the future of ORs across the world. As mentioned, there are some running

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Value-based care: CMS’s new administrator wants more of it

Seven months into her tenure, CMS administrator Seema Verma is turning out to be highly supportive of value-based care models. In fact, she recently told an audience in Cleveland that she wants them implemented faster. The situation appears to dispel doubts that alternative payment models – such as Accountable Care Organizations or “comprehensive care” models for

Medtronic’s CEO thinks value-based care is really important: Here’s why

Value-based care is the future of healthcare, and according to CEO Omar Ishrak, it is the past, present and future of Medtronic. Ishrak spoke at OCTANe’s Medical Technology Innovation Forum (MTIF) this week about the opportunity and responsibility medical device companies have when it comes to adopting value-based care models.  In this future, Ishrak sees

How medical device developers can compete in a value-based system

Rob Morgan, VP Medical, Sagentia The shift toward value-based reimbursement in the U.S. (and similar models internationally) affects all aspects of healthcare processes and procedures – medical devices included. In a McKesson Corporation survey, U.S. healthcare providers reported 36% of their business had a value-based payment arrangement. By 2021, they expect that number to reach

Medtech innovation: Here’s how you speed it up

Here’s how medtech can speed up its processes and tap into innovation, courtesy of Peter Douglass, director of technical operations at Proto Labs. Innovation in the medtech space is what every company wants. And there are many theories on how to get there. One is that improving the speed at which you develop will naturally

How Magnolia Medical is battling sepsis false-positives for better value

Seattle-based Magnolia Medical Technologies – which says it makes a dramatic improvement to sepsis testing – provides a great example of the new value arguments dominating medtech. Sepsis happens to be a big deal. Hospital patients are often susceptible to sepsis, a bacterial infection that is the fifth leading cause of death. The standard of care

4 steps to deeper medical device design insights

When it comes to medical device design insights, Karten Design might have a helpful tool with its “Voice of the Ecosystem” approach. There are many changes to the healthcare system, Eunji Park, lead design strategist at Karten Design, explained during a webinar this week entitled, “Unpacking the Ecosystem of Healthcare Consumers.” Cost increases in the healthcare

Gore’s Viabahn VBX: The very model of a modern major product launch

The Viabahn VBX built by Gore is the first and only balloon expandable stent graft with an iliac indication. It is a balloon-mounted, ePTFE-coated, stainless-steel stent. To deploy a physician accesses the artery and blows up the balloon, forcing the device to expand. The balloon provides radial strength while the stent it deployed, but also