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Volume 16 Issue No. 15 |
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By Sateesh Seetharamiah, EdgeVerve Although 61% of decision-makers at healthcare organizations said their firms invested at least $100 million in digital transformation initiatives over the past year, 65% of those respondents said their firms have translated less than half of those investments into tangible business value. These numbers highlight the challenges of digital transformation with data siloes posing the biggest threat to success. |
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| Featured Articles |
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Federal Court Enters Consent Decree Against Philips Respironics Following Recall of CPAP Machines By MedTech Intelligence Staff The consent decree restricts the production and sale of new continuous positive airway pressure (CPAP) machines, bi-level positive airway pressure (BiPAP) machines and other devices at several Philips Respironics facilities in the U.S. until certain requirements are met. |
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Utilizing CSF to Manage Cyber Risks By MedTech Intelligence Staff Dave Bailey, VP of Consulting Services at Clearwater Security, highlights the need for top-down support in managing healthcare-related cyber risks and how the new NIST Cybersecurity Framework can help enhance cybersecurity in healthcare and MedTech organizations. |
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Interest Rates, Labor and Cybercrime Keep Pressure on Healthcare By Pete Reilly, Hub International The healthcare sector can expect some improvement in lower inflation rates and attendant pressures for the remainder of 2024. But it’s not yet out of the pandemic woods, as interest rates remain high, the shortage of professionals persists and there’s no shortage of risks. Here’s a perspective on what the year holds. |
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Bringing MedTech Innovation to Life By Shawn Luke, DigiKey While the MedTech industry continues to face significant challenges related to regulatory requirements, cybersecurity issues, recalls and lawsuits, leaders in the industry are navigating and overcoming these areas to push innovation forward like never before. |
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| Other Industry News |
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IDC enhances the Reach Surgical Ultrasonic Shears IDC took on the design challenge to create industry preferential surgical shears through improved ergonomics and usability. Ultrasonic shears are widely popular minimally invasive surgical instruments used for long periods in high pressure scenarios. |
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FEATURED LEARNING RESOURCE |
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Download this case study for insights on optimized regulatory processes via tech-enabled services from Celegence. Acumed made their MDR compliance a success by boosting efficiency, saving time, and streamlining collaboration. |
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