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Will Medical Device Design and Development be Led by Hospitals?

A number of hospital systems are establishing centers to help launch med-tech startups. The Cleveland Clinic is a pioneer in this area, with their Innovations Center. St Joseph Health has just launched the Innovation Institute, the heart of which is the Innovation Lab, which will incubate inventions that have come from the health system’s staff. [...]

Taking Charge

Taking responsibility for your own well being is going to be almost mandatory in the future. No longer will we have the luxury of being passive consumers of healthcare managed and directed by others. Preventative healthcare will be extremely important. We will need to be active participants in our own care, and we will need [...]

What’s Hot Now

More and more devices are showing up that track your vital signs, calories burned, etc. etc. As we’ve been predicting, personal informatics is gaining ground in the popular culture as a means of staying healthy. This is a subset of the move toward preventative care, which will become more and more important as the costs [...]

Too Exciting to Wait

I was going to wait until next week to post on the many recent developments that have come to the fore regarding non-invasive sensing of physiological functions and how that will impact medical device design. But this article by Frank Moss from yesterday’s NY Times is too timely not to give a shout-out too. It’s also [...]

MedTech 2011, Part 1

If you’re involved in medical device design, the annual Medtech conference put on by Ibiliti is a great forum for learning about current issues in the field. Their 2011 conference was held on November 1st and 2nd in Chapel Hill, North Carolina. This year’s event was again very informative, with a good cross-section of speakers [...]

Attention on Wellness

The New York Times reports that Massachusets is working on a plan that would provide flat “global payments” to health provider networks that would act as incentives for them to keep their patients well. The hope is that the system will replace the current fee-for-service model that tends to increase medical costs because it reimburses [...]

Even More on Health Care Costs

Over at Medicalmegatrends.blogspot.com, Dr. Stephen Schimpff has some cogent thoughts about the root causes of rising healthcare costs in the United States. Doctor Schimpff reinforces my own view: that healthcare costs won’t be brought under control until we incentivize staying healthy. Read his post here: http://bit.ly/khNUYp.

More on Health Care Costs

Medicaldevicestoday.com sights a study by Parks Associates that predicts that mobile health applications will soon be generating $5.5 billion in revenues by 2015. Of that amount, they say that 16% will be wellness/fitness related and 46% will be for chronic care monitoring and sevices. I hope the stats in their prediction are reversed. Only by [...]

Containing Health Care Costs

Most of us agree that the continuing growth in the cost of health care must be brought under control. In our efforts to contain those costs, we will see the biggest savings if we can get people to live healthy lifestyles, preventing the need for interventionary care in the first place. Although it is receiving [...]

Medical Devices and the High Cost of Health Care

With health care reform so much in the news these days, cost containment is a big concern. Complying with the government’s regulations surrounding medical devices undoubtedly adds substantial cost to their development. How significant are those costs, though, in the overall scheme of caring for people’s health? Just about a year ago, former Congressional Budget [...]