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Medical Devices | FDA | News, Analysis, Insights - HIT Consultant

M&A: TRIMEDX Acquires Surplus Medical Equipment Company Centurion Service Group

by Jasmine Pennic 12/02/2020 Leave a Comment

TRIMEDX Acquires Surplus Medical Equipment Company Centurion Service Group

What You Should Know: - TRIMEDX announced the acquisition of Centurion Service Group, a full-service medical equipment re-seller, to expand its Clinical Asset Management offering. - The added capabilities of Centurion will allow TRIMEDX clients to gain maximum value from their excess medical equipment through Centurion auction services, positively impacting operational expenses, maximizing resources to improve patient care, etc. TRIMEDX, a provider of clinical engineering, medical
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Philips Launches Integrated Cybersecurity Services to Protect Connected Medical Devices

by Jasmine Pennic 11/30/2020 Leave a Comment

Philips Launches Integrated Cybersecurity Services to Protect Connected Medical Devices

What You Should Know: - Philips partners with CyberMDX, a leader in connected medical device security, to provide vendor-neutral solutions to protect connected medical systems and devices. Philips, today announced the introduction of the Philips Cybersecurity Services for seamlessly integrating and enhancing strategic security solutions for Philips customers. The Philips Cybersecurity Services comprise an end-to-end suite of technologies and services to
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Israeli Digital Health Startup G Medical Innovations Withdraws $30M US IPO

by Jasmine Pennic 11/25/2020 Leave a Comment

Israeli Digital Health Company G Medical Innovations Withdraws $30M US IPO

What You Should Know: - Israeli-based G Medical Innovation has withdrawn its plans for an initial public offering (IPO) on Tuesday, Nasdaq first reports. - The company originally filed an IPO to raise $30 million by offering 5 million shares at a price range of $5 to $7 last month to list on the Nasdaq under the symbol GMVD. - The recent withdrawal marks the company's second attempt to go public in the US, previously filing in May 2019 and withdrawing the following August. The company
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KLAS Spotlight on Zoom for Healthcare Examines Early Outcomes

by Fred Pennic 11/05/2020 Leave a Comment

KLAS Spotlight on Zoom for Healthcare Examines Early Outcomes/Satisfaction

KLAS recently issued a Spotlight on Zoom for healthcare. KLAS Spotlights are first looks at new and emerging technology. Everyone knows Zoom, but how well does the solution perform for healthcare organizations looking to handle the immediate demands created by COVID-19 as well as develop long-term strategic initiatives? In this Spotlight, KLAS examines the early outcomes and satisfaction of some of Zoom’s healthcare customers. Zoom Key Strengths & Challenges for
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Intuitive Launches $100M Venture Fund to Accelerate Future of Minimally Invasive Care

by Jasmine Pennic 10/29/2020 Leave a Comment

Intuitive Launches $100M Venture Fund to Accelerate Future of Minimally Invasive Care

What You Should Know: - Technology leader Intuitive forms $100M inaugural fund to invest in the future leaders of minimally invasive care. - The venture fund will invest in innovative early-stage companies across digital, medical device, therapeutic, and diagnostic domains. that will support independent initiatives in the direct and adjacent fields of minimally invasive care. Intuitive, a Sunnyvale, CA-based technology leader in minimally invasive care and the pioneer of
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FundamentalVR Expands VR Surgical Capabilities to Ophthalmology

by Fred Pennic 10/20/2020 Leave a Comment

FundamentalVR Expands into VR Surgical Capabilities to Ophthalmology

What You Should Know: - Today, FundamentalVR, global pioneers in immersive VR surgical skills training and skills data analytics, announced the expansion of its surgical specialty capabilities with the addition of ophthalmology. The new capabilities allow it to support medical device and life science companies in improving the way they bring new tools and procedures to market. - Powered by the company’s patented HapticVR&#8482 technology that mimics the physical cues of surgical
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FDA Launches Digital Health Center of Excellence: 5 Things to Know

by Fred Pennic 09/22/2020 Leave a Comment

FDA Launches Digital Health Center of Excellence: 5 Things to Know

What You Should Know: - FDA launches the Digital Health Center of Excellence within the Center for Devices and Radiological Health (CDRH) focused on mobile health devices, Software as a Medical Device (SaMD), wearables when used as a medical device, and technologies used to study medical products. - The Digital Health Center of Excellence is part of an effort to modernize digital health policies and regulatory approaches and provide efficient access to highly specialized expertise,
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Backed by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

by Jasmine Pennic 09/21/2020 Leave a Comment

Led by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

What You Should Know: - Osso VR raises $14M in Series A funding led by Kaiser Permanente Ventures (KPV) to expand its virtual reality (VR) surgical training platform. - Using immersive VR technology, Osso VR’s scalable platform offers a realistic, hands-on training environment that leads to real-world performance gains and ultimately improved patient outcomes. Osso VR, a Palo Alto, CA-based validated Virtual Reality (VR) surgical training platform, today announced it has raised $14M
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Corindus Vascular Robotics CEO Departure, UPMC Enterprises’ New President, Nordic Consulting’s New CIO, Other Health IT Hires

by Fred Pennic 09/18/2020 Leave a Comment

Tele-Treatment: How We Close the Gap in Access to Care

Mark Toland, CEO of Corindus Vascular Robotics (acquired by Siemens for $1.1B last year), has announced his departure and will be joining BioStar Capital, a health-tech venture capital group focused on cardiovascular and orthopedic medical devices. As a partner and entrepreneur in residence, Mark will help to identify and develop innovative companies leveraging AI, deep learning, robotics, and other transformative technologies that address a wide range of unmet needs. The BioStar team has
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Redox Interoperability Platform Now Available in AWS Marketplace

by Fred Pennic 09/16/2020 Leave a Comment

Redox Interoperability Platform Now Available in AWS Marketplace

What You Should Know: - Today, Redox announced the availability of the Redox EHR Integration in AWS Marketplace. Now, healthcare providers and vendors can access the largest package of pre-built EHR integrations and achieve value from applications more quickly and easily. - The digital transformation of healthcare has gained momentum this year, and AWS is one of many tech giants working to spur innovation in healthcare. AWS Marketplace is a platform that helps healthcare organizations
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