Category Archives: Technology

19Jun/17
Web

Focusing on Post-Discharge Communication and Connected Care to Reduce Readmission Rates

By: Chuck Hayes, Vice President of Product Management for TeleVox Solutions at West Corporation

Driving Better Patient Outcomes

High readmission rates have resulted in steep financial penalties for hospitals and intensified the need for health system providers to become more actively involved in post-discharge care. As the healthcare industry continues to embrace value-based payment models, hospitals are being held accountable for the long-term health of their patients, and they are facing pressure to keep patients engaged, in compliance with care plans, and out of the hospital. With Medicare penalties for hospitals surpassing $520 million this year alone, hospitals are looking to implement strategies that put a greater emphasis on two critical areas: follow-up communication and patient engagement.

Results from a recent West survey revealed that half of acute care professionals feel insufficient follow-up by hospital teams is a leading factor that contributes to readmissions. Another 32 percent of those surveyed suggested that a lack of communication on the part of providers also leads to readmissions. In order to reduce readmissions, hospital and health system providers need to work to keep communication lines open, while also providing meaningful interactions and intra-visit support to those patients that have left the hospital. And all of this must be done in a cost-effective manner.

The idea that providers need to offer more post-discharge support is a sentiment echoed by patients who want to see hospital teams expand long-term support efforts. Medicare’s HCAHPS (Hospital Consumer Assessment of Healthcare Providers and Systems) surveys show that patients often feel disconnected from their medical team after discharge. In fact, recent HCAHPS data reveals that half of surveyed patients reported feeling confused or uncertain about how to comply with care instructions after being discharged from the hospital.

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01Jun/17
webinar pic

Webinar Announced: How Connected Devices Improve Patient Outcomes

Designing and Manufacturing Devices that Excel in an Internet of Medical Things (IoMT) World

register

Daniel Matlis, President of Axendia and Jordan Reynolds, Senior Manager, Kalypso, will discuss how innovative companies should navigate the perilous intersection of FDA approval, quality manufacturing and support for superior patient outcomes during a live webinar at 1:30pm Eastern on June 20, 2017.

The device industry is changing rapidly — and with change you have winners and losers. Today’s winners are embracing connectivity and the quickly emerging internet of medical things (IoMT) movement.  They understand that the future is continuous glucose monitoring systems that connect to handheld meters, sensor-embedded hospital beds that proactively alert providers to problems, wearable mHealth devices which can send information to caregivers or a multitude of other remote patient monitoring technologies.

Getting these new products approved by the FDA is hard enough, making sure they connect properly with patients, physicians and healthcare centers is even harder.

Register today to learn how smart, connected devices are changing the device ecosystem in support of patient outcomes.

03May/17
Insanity Image

White Paper: Is Innovation Without Transformation Insanity?

By: Ellyn McMullin, Research Asssociate and Daniel R. Matlis, President

Are You Transforming Your Business or Merely Digitizing Process?

To fast-track the transformation of ideas into innovative products, pharma and biotech companies need to be open to new ideas and aware of new systems and technologies. Simply digitizing existing processes is accelerated insanity!

The costs of bringing a new drug to market is high, especially when you factor in the many candidates that do not make it. In this white paper, Axendia suggests an approach that will consistently create and deliver high quality products to market while reducing cost and improving ROI in today’s competitive marketplace.

Today’s challenge is not the availability of the technology but the rather the need for vision and leadership, knowhow and discipline to drive transformation.

Download this free white paper to learn now.

05Apr/17
Europe Conf

CLOSED LOOP PRODUCT LIFECYCLE MANAGEMENT

By: Eric M. Luyer, Market Research Analyst and Daniel R. Matlis, President

What Does it Mean to Medical Device Manufacturers?

Digital Transformation was the key topic at the PTC European Forum, held November 15th in Stuttgart, Germany.  Part of the day was devoted to clarifying how the Internet of Things (IoT) and Augmented Reality (AR), in relation to digital transformation, benefit decision-making processes.

We are living in a time where it seems like everyone and everything is getting connected using technology concepts such as IoT.  At the same time, there is a strong focus on improving product quality and value.  However, the products or related services are getting more complex and the market requires product delivery be on request.

PTC Europe ImageIt is interesting to hear and learn how new concepts and technologies such as IoT and augmented reality (AR) can be used specifically in the medical device industry: to drive success with the ability to create, produce and market innovative and value driven products to market quickly.

Certainly, in a global market, proactive strategies are needed to support improved product quality and patient outcomes while supporting compliance with applicable regulatory requirements.

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13Mar/17
CyberSecurity

CYBERSECURITY RISKS IN MEDICAL DEVICES ARE REAL

By: Eric M. Luyer, Market Research Analyst 

The Healthcare Industry Has a New Set of Threats on Its Hands

PPP_IGLOB_CLP_Global_Computer_Network_Red_Color_Pencil_HEXConnected medical devices-like other computer systems-can be vulnerable to security breaches and have a potential major impact on safety and effectiveness of the device.  Specifically, in a healthcare environment, this vulnerability increases asmedical devices and medical equipment are becoming more connected through the internet to other medical devices, patients and/or to hospital networks (also referred to as the Internet of Medical Things).

To address the cybersecurity threat, in December 2016 FDA issued Guidance on Postmarket Management of Cybersecurity in Medical Devices.

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