Since 1976, the U.S. Food and Drug Administration (FDA) has allowed manufacturers to apply for an accelerated pathway to bringing their devices to the market. It's called the 501(k) Premarket Notification. In short, if a new device gets proved safe and effective to a device that's already available, the new device can get cleared because it's considered substantially similar to the older one. The FDA also allows for the first-cleared device (also known as the predicate) to be another product
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How Surgical Robots are Transforming the Operating Room
During a traditional medical operation or surgery, the senior physician is at the helm with supporting doctors and nurses huddled nearby. Often, this process entails surrounding a patient who is positioned on a surgery table.Instruments will be stored in the same room, with nurses and assistants passing the necessary components to the doctor. Everyone listens, everyone works together, and it’s a close-knit, collaborative process.But that’s not how modern surgeries work anymore, at least not when
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The Rise of Real-Time Location Tracking (RTLS) Adoption in Healthcare
The healthcare industry is one where inefficiency leads to significant productivity losses and could contribute to loss of life.That's why a system that keeps track of people, medicines and other essentials is exceptionally advantageous in that sector. Besides boosting productivity, real-time location systems (RTLS) could increase patient satisfaction and more.RTLS Adoption in Healthcare Is On the RiseA forecast showing the state of the RTLS healthcare industry predicts the total worth will
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6 Leading Health Chatbots to Watch in 2018 & Beyond
Chatbots have become almost commonplace in e-commerce, but they have recently started to emerge in the healthcare sector, as well. Various small companies are currently developing apps and raising venture capital, while some have already launched their chatbots.What are health chatbots, exactly? Chatbots are services that people interact with through a messenger. Instead of having a conversation with another person, the user talks with a bot that's either powered by basic rules or machine
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How Blockchain Technology Could Help Prevent Medical Fraud
Most people know blockchain as the transaction ledger associated with cryptocurrency transactions. However, evidence suggests a specific use for it that applies to health professionals — reducing medical fraud. Blockchain’s Innate Characteristics May Cut Down on FraudIndividuals think blockchain shows promise for minimizing fraud in medicine because of some of the features it offers. For example, many fraudulent practices in the health industry and elsewhere begin when people manipulate or
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Protecting Medical Device Security in the Age of Ransomware
From medication pumps to pacemakers, people depend on lifesaving devices to live their healthiest possible lives and manage chronic ailments. Many of those patients likely hear about cybercriminals orchestrating massive data breaches, and might get concerned about one of those incidents compromising their information.However, they probably haven’t considered the hackers might target the devices in their bodies or the ones they otherwise use for better well-being.Hospitals Must Pay Attention to
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Medifirst Solutions Forms Specialty Prescription Billing & Pharmacy Solutions Division
Medifirst Solutions, a provider of innovative laser technology with its FDA 510(k) cleared Infrared Time Machine TTML-8102000 Laser Thermal Therapeutic Device, is pleased to announce that it has launched a new division to the company. Concierge Concepts Rx (CCRx), a new division of Medifirst Solutions, will provide a unique niche billing service to independent pharmacies who are struggling to maintain profitability. Medifirst is pleased to announce that Walter Molokie, RPh has joined the company
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Elliott Management Outlines Concerns With athenahealth’s Lack of Engagement Over Acquisition Bid in Letter
On Tuesday, Elliott Management Corporation (“Elliott”) released a letter to the Board of Directors of athenahealth, Inc. regarding Elliott’s proposal to acquire athenahealth for $160 per share in cash that could worth about $7 billion dollars.The letter outlined Elliott’s concerns with athenahealth’s refusal thus far to engage with any of the parties, including Elliott, that have expressed interest in acquiring athenahealth.“Since that time, we have heard nothing from the Company beyond its
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Mayo Regional Hospital to Implement Cerner Integrated EHR
Mayo Regional Hospital has selected Cerner to implement a new integrated electronic health record (EHR) and revenue cycle solutions across its acute and ambulatory facilities. This agreement provides the hospital with sophisticated health care technology that will support Mayo doctors, nurses and staff as they work to streamline operations and improve patient care. With Cerner’s Clinically Driven Revenue Cycle™ solutions, Mayo clinicians will be able to view clinical and financial data in one
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Microsoft, Adobe and Change Healthcare Forge Alliance to Transform Patient Experience
Today Change Healthcare, Microsoft and Abode have announced a new cross industry collaboration to fundamentally change the patient experience for consumers. An ORC International study concluded healthcare stakeholders are investing heavily in engagement strategies and technologies, but only one-fifth of consumers said their experiences improved, and another fifth said their experiences worsened. Even the most-accessed patient engagement solutions are used by just a third of consumers. This new
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