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

Watchdog Report: FDA Lacks Plan to Keep Pace with Medical Devices

by Fred Pennic 06/16/2016 Leave a Comment

Medical Device_FDA Recalls McKesson's Anesthesia Care for False Patient-Matching

Senior members of the Senate health committee today released two separate reports from the government’s independent watchdog finding the Food and Drug Administration (FDA) lacks a clear plan to help the agency keep pace with the science behind the drugs and medical devices it regulates and to ensure its three centers are working together to efficiently review life-saving medical products.“These reports demonstrate the need for Congress to pass smart laws and then conduct rigorous oversight to
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Medical Device Interoperability: Is the FDA’s Move for Draft Guide the Right One?

by Erica Garvin 03/21/2016 Leave a Comment

Medical Device Interoperability: Is the FDA’s Move for Draft Guide the Right One?

Now is not time to put the demands of medical device interoperability on developers. AirStrip’s Dr. Matthew Patterson explains. Interoperability has become a hot-button issue in U.S healthcare. So much so, the FDA has recently unveiled draft guidance in the hopes of indoctrinating the medical device industry with the task of tackling it head on. But will applying pressure to the shoulders of the innovators be the answer to hurdling interoperability in healthcare? The guidance calls on
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Report: Wearables Poised to Dominate Medical Device Market Share

by HITC Staff 02/11/2016 1 Comment

Wearables_A Solution Searching For Problems

A new patent landscape report from iRunway reveals a tectonic shift in the medical devices industry, with new technology players poised to take significant market share from traditional medical device manufacturers in the non-invasive monitoring arena. Medtronics, General Electric, Eli Lilly Company and others have long controlled sizable and lucrative healthcare monitoring markets, and they will likely continue to dominate invasive monitoring.  However, Jawbone, Fitbit, Google, Garmin and
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New OR Workflows Helps Reduce $5 Billion in Supply Chain Waste

by Fred Pennic 08/18/2015 Leave a Comment

Every year, more than $5 billion is wasted on expired, lost or uncaptured medical device and implantable charges. While this supply chain waste is pervasive throughout entire health systems, the intricacy of managing high-value items is exceptionally demanding in the operating room (OR). To help address waste in the OR, Cardinal Health Inventory Management (CIMS) has launched new, cloud-based automated workflow modules for challenging-to-manage inventory such as biological implants, sutures, and
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20 Promising Canadian Digital Health Companies to Watch

by Komal Garewal 07/08/2015 Leave a Comment

Canada ICD-10 Transition

“A company’s odds of success are better the closer they can get to their market,” argues Stephen Hurwitz, a thought leader in the Canadian venture capital industry, recognizing that the proximity to a VC-tech hub can help the success rate of Canadian startups. A socialized healthcare system, Canada’s market is fragmented by province and type of care – most primary and emergency care is free for residents whereas specialty care, prescription drugs, long-term and in-home care amongst others,
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Medtronic to Buy Covidien for $42.9B, Rebase to Ireland to Reduce Tax Burden

by Jasmine Pennic 06/16/2014 Leave a Comment

medtronic

Medtronic To Buy Smaller Rival Covidien In $43 Bln Deal (via http://361db.com) Medical device maker Medtronic, Inc. (MDT: Quote) agreed late Sunday to acquire smaller rival Covidien plc (COV: Quote) in a cash and stock deal valued at about $42.9 billion. The deal will help Medtronic shift base to Ireland and save it from paying…
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4 Mobile Health Challenges for Medical Device & Diagnostic Firms

by Bernhard Kappe, Founder & CEO of Pathfinder Software 12/03/2013 2 Comments

4 Mobile Health Challenges for Medical Device & Diagnostic Firms

Bernhard Kappe, Founder & CEO of Pathfinder Software outlines four key mobile health challenges for medical device & diagnostic firms. 
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Specialty Article: Growing Pains: Medical Device Interoperability

by Fred Pennic 06/27/2011

Specialty Article: Growing Pains: Medical Device Interoperability

Both provider organizations and medical device vendors have made significant, if slow-going, progress over the last several years to network their digitally-enabled medical devices. Recent strides in both the regulatory and standards arenas have provided renewed impetus on the part of both stakeholder groups to bring more interoperability to disparate medical devices, resulting in better security and quality of patient data.As healthcare providers continue their steady march toward implementing
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Mobile Application Spotlight: HP tests its new Mobile Health Monitoring Solution in Singapore

by Fred Pennic 06/17/2011

Link mobile health monitoring devices with cloud computing in the right way and you can change how we practice medicine. That's the vision behind HP's Mobile Health (mHealth) Monitoring Solution, a new, always-on, cloud-based healthcare offering that builds on research conducted at HP's Data Center Design for Cloud Computing Lab in Singapore.In a joint effort between HP in Singapore, telecommunications giant SingTel, medical device maker HealthSTATS and Singaporean health provider Frontier
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