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Medical Devices | Policy & Regulation News, Analysis, Insights - HIT Consultant

How Data-Driven Technology Holds The Promise of Better Outcomes for Vascular Patients

by Julie Tyler, Divisional Vice President of Global Marketing, Abbott’s Vascular Division 11/04/2020 Leave a Comment

How Data-Driven Technology Holds The Promise of Better Outcomes for Vascular Patients

Abbott recently released global research on vascular patient care, designed to shine a light on the vascular patient journey. The report called “Beyond Intervention” uncovers the universal challenges faced by physicians who deliver vascular care, their patients, and the hospital administrators who support them. It also explores how the right use of technology and data could potentially enable more precise diagnoses and better treatment strategies to ensure the best possible patient
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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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HP Launches EMR-Integrated Print Solutions to Digitize Point of Care Workflows

by Fred Pennic 10/14/2020 Leave a Comment

HP Launches EMR-Integrated Print Solutions to Digitize Point of Care Workflows

What You Should Know: - HP launches patient-first print technologies to help healthcare workers stay safe and spend more time caring for patients. - Innovations co-developed with healthcare professionals include industry’s first sterilizable printers, exclusive EMR-compliant workflow solutions, and services to improve patient safety and privacy. Today, HP Inc. officially launched new print solutions for the healthcare industry. Based on deep customer insights and co-developed with
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Thin-Film Electrodes Show Potential for Transforming Neurosurgery

by Dave Rosa, President and CEO, NeuroOne Medical Technologies Corporation 09/23/2020 Leave a Comment

Thin Film Electrodes Show Potential for Transforming Neurosurgery

Developers and manufacturers of medical devices are expressing interest in a new technology about to hit the neurosurgery market, thin-film polyimide electrodes. They are designed to: - Reduce patient complications during procedures; - Provide better signal clarity in recording brain activity; and - Potentially lower the cost of care by decreasing the invasiveness of the electrode placement and reducing the risk of infection.   The FDA has provided clearance for these new thin-film
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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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Medigate Raises $30M for Medical & IoT Device Security Solution

by Fred Pennic 09/16/2020 Leave a Comment

Medigate Raises $30M for Medical & IoT Device Security Solution

What You Should Know: - Medigate announced $30M in Series B financing to expand its medical and IoT device security solution to ensure patient privacy and safety. - Medigate fuses the knowledge and understanding of medical workflow and device identity and protocols with the reality of today’s cybersecurity threats. With Medigate, hospital networks can safely operate all medical devices on their network, enabling deployment of existing and new devices to patients while ensuring privacy and
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Former KKR Vet Jim Momtazee Launches Healthcare Investment Firm, Patient Square Capital

by Fred Pennic 08/17/2020 Leave a Comment

Jim Momtazee and Maria Walker form health care investment firm Patient Square Capital

What You Should Know: - Former KKR veteran Jim Momtazee announced the launch of Patient Square Capital, a partnership being purpose-built to become the preeminent investment firm in healthcare.  - Patient Square will partner with best-in-class management teams whose products, services, and technologies improve health.  - Prior to Patient Square, he spent over 21 years at KKR, initially joining in 1996. He helped establish the firm’s health care industry group in 2001 and
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New Attacks, Regulations, and Stakes Call for New Security Strategies

by Tim Callan, Senior Fellow, Sectigo 08/17/2020 Leave a Comment

New Attacks, Regulations, and Stakes Call for New Security Strategies

The amount of data generated by the healthcare industry is staggering—and constantly increasing.  Healthcare data encompasses the personal information of patients, doctors, nurses, and administrators. It includes diagnostic information, test results, ultrasound images, x-ray images, and of course insurance and financial information. With so much sensitive patient information there for the taking, it comes as little surprise that the healthcare industry—perhaps more than any other sector—has
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Why Now Is The Time to Reimagine Healthcare Through Technology

by Jeff Fallon, CEO, eVideon 08/06/2020 Leave a Comment

The Tech Isn’t New – It’s Time to Embrace It (How Patient Comforts Improve All of Healthcare)

It wasn’t that long ago that people went to the bank on a Friday to cash their paper paychecks. Maybe they’d put some in checking and take some out in cash. They’d go to the grocery store over the weekend and maybe write one of those checks. Everyone always had to have a pen with them. It wasn’t that long ago that people would call the ticket agent and discuss flight options for vacation. They’d send a paper ticket in the mail. When it was time to go, people would carry that ticket with them
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Telehealth and Cybersecurity: What You Should Know

by Jasmine Pennic 07/22/2020 Leave a Comment

Healthcare providers are seeing between 50 and 175 times (1) more patients via telehealth than before. Telehealth platforms* offer solutions for a wide array of different healthcare issues. An estimated 20 percent of all emergency room visits and 24 percent of routine office visits and outpatient volume could be delivered virtually via telehealth. Telehealth is a win-win for providers and patients. It both increases the availability of care while also reducing costs. However, telemedicine
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