Sixth in a series of seven blogs focused on the top challenges that medtech manufacturers face today, and the technologies and implementation strategies that are critical to meeting these challenges. The movement toward value-based care will have far-reaching implications. Value-based care is a payment model for providers (health systems and physicians) that is based on…
According to Axendia, regulatory compliance continues to constrain improvement in MD&D manufacturing efficiency and productivity. “Our primary research shows that medical device companies list regulators/government agencies as the top business disruptor,” says Daniel R. Matlis, president of Axendia. The United States Food and Drug Administration (US FDA) and the new European Union Medical Device Regulations…
Fourth in a series of seven blogs focused on the top challenges that medtech manufacturers face today, and the technologies and implementation strategies that are critical to meeting these challenges. Large medical device companies’ drive for scale and strength in their chosen core business areas compels them to pursue merger and acquisition (M&A) strategies as…
Kudos Solutions picked up a prestigious award at the recent Preactor Conference in Brussels Highest Licence Sales Revenue FY19 for the EMEA territory
Patients are bringing a consumer mindset to healthcare interactions and medtech companies are creating consumer-oriented technologies to improve the experience. Innovation is allowing the personalization of devices at scale via 3D printing. Healthcare reimbursement models are becoming more closely tied to patient satisfaction, elevating the urgency for an improved experience. Here are a few key…
Increased complexity in products, global supply chains, regulatory landscapes and the rise of the Internet of Medical Things are generating big data, including exponential growth in digital sources of various types, input rates, communication channels and accuracy. Analyzing this data would help manufacturers to identify factors that affect productions costs and quality, but most medical…
New MedTech is reshaping the medical device and diagnostic (MD&D) industry and research and development (R&D) investments are growing: connected devices, wearable technologies, the Internet of Medical Things (IoMT) and device-as-a-service are just a few examples of innovation trends. Here are a few key insights related to these trends: According to a 2017 Frost &…
In his 1990 bellwether Introduction to Quality Control, Ishikawa stated: “They were named the Seven QC Tools after the famous seven weapons of the Japanese Kamakura-era warrior-priest Benkei which enabled Benkei to triumph in battle; so too, the Seven QC Tools, if used skillfully, will enable 95% of workplace problems to be solved. In other words,…
