What You Should Know: - Today, Wellframe and Validic® announced a strategic collaboration today, empowering Wellframe members to integrate medical device data within the Wellframe mobile app. This integration with Validic will first enable Wellframe users to track their blood glucose levels across 50 glucometer devices, right from the Wellframe app. Wellframe’s ability to collect meaningful biometrics data from their digital care management platform allows for more touchpoints with care teams
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Medical Devices | Policy & Regulation News, Analysis, Insights - HIT Consultant
Ambulatory Considerations for Remote Patient Monitoring Technologies
The use of healthcare technology solutions in clinical settings is a time-tested conventional practice, and it’s becoming more commonplace in remote patient monitoring (RPM) as supporting technologies drive more innovation. With the broad range of care encompassed by the term “RPM,” there are a number of factors that can impact the overall effectiveness of monitoring patient vitals and other physiological parameters in remote, non-clinical situations. When a patient transitions from a
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Improving Inventory Management During COVID-19 and Beyond
Healthcare systems across the country are facing high patient volumes combined with higher patient expectations during the COVID-19 pandemic. In response, hospitals and other healthcare facilities need to consider technology that can help them keep pace with evolving demands while prioritizing the health, safety, and experience of their patients. One of the most impactful solutions in a healthcare facility’s technology arsenal are the ones focused on inventory management. These
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Life Sciences Firm OrbiMed Raises $3.5B Across Private Investment Funds
What You Should Know: Life sciences investment firm OrbiMed announced $3.5 billion in commitments for its latest private investment funds, including $1.5 billion for OrbiMed Private Investments VIII, $800 million for OrbiMed Asia Partners IV, and $1.2 billion for OrbiMed Royalty & Credit Opportunities III. The three new funds include a broad range of medical institutions, university endowments, foundations, pension funds and sovereign wealth funds. - OrbiMed Private Investments
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ECRI Institute: Top 10 Health Technology Hazards to Watch in 2021
What You Should Know: - ECRI Institute identified the complexity of managing medical devices with COVID-19 emergency use authorization as the number one technology hazard in its Top 10 Health Technology Hazards for 2021 report. ECRI Institute’s Top 10 Health Technology Hazards, now in its 14th year, identifies top health technology concerns that warrant attention from healthcare leaders. The hazards selected are based on a rigorous review of ECRI’s incident
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emids Acquires Healthcare Software Development Firm Macadamian
What You Should Know: - Healthcare IT company emids announced the acquisition of Canadian-based Macadamian, a global full-service healthcare software design and development consulting firm. - The acquisition reflects emids’ response to accelerated investment in digital health and provides it with a competitive advantage as the addition of design capabilities allows it to support the entire continuum of customers’ digital transformation efforts. - A milestone in the company’s growth
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MetroHealth System, CareSimple Launch Remote Patient Monitoring Program
What You Should Know: - CareSimple and MetroHealth System announced that they have entered into a strategic remote patient monitoring integration partnership. - Under the terms of
the agreement, CareSimple will empower the Cleveland, Ohio public health system
with simple, patient-friendly RPM solutions to improve health outcomes for
their high-risk senior and chronically ill populations. The MetroHealth System, a nationally recognized public health care system located in
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Philips Acquires Medical Device Integration Platform Capsule for $635M
What You Should Know: - Philips announces the acquisition of Capsule, a leading vendor-neutral Medical Device Integration Platform with a software-as-a-service business model - The Capsule acquisition is a strong fit with Philips’
strategy to transform the delivery of healthcare along the health continuum
with integrated solutions. Philips, today announced that it has signed an agreement to acquire Capsule Technologies, Inc., an Andover, MA-based provider of medical device
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IoMT Is Improving Patient Access: We Must Avoid Creating New Barriers
The Internet of Medical Things (IoMT) is changing the face of healthcare and has the potential to significantly improve patient access as well as system efficiencies. The adoption of telemedicine, for example, spurred on by the Covid-19 pandemic, has spread rapidly. Forrester revised its forecasts to predict that virtual care visits in the United States will soar to more than one billion this year—including 900 million visits related to Covid-19 specifically. Likewise, in the United Kingdom,
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Medical Device Design: 4 Ways Designers Can Create Medical Devices That Work for Everyone
Medical device design has been going through sweeping
changes over the last decade. Ten years ago,
medical device companies weren't concerned with delivering consumer-level
design: Devices that are both attractive and intuitively easy to use by a wide
variety of users. Then the Affordable Care
Act was passed, and adherence and healthy behavior change became a
regulatory requirement. Our firm, which has been a long-time proponent of the
“consumerization” of medical
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