Formus Labs, a New Zealand-based medical technology startup, has received 510(k) clearance from the FDA for Formus Hip, its fully automated 3D software for hip replacement preoperative planning. The company hopes to start piloting the product at healthcare sites across the U.S. in the next few months.
Reflexion Health is expanding the use of its VERA platform to shoulder replacement and upper extremity such that patients recovering from these procedures can use its avatar coach to complete prescribed exercises at home.
By focusing on improving outcomes – whether that’s through pre-operative management or more conservative care - at the lowest best price will help prove the value of orthopaedics in 2019 and beyond.
Zimmer Biomet wants to help hospitals use technology and other tools to maintain good patient outcomes and improve hospital efficiencies in a bid to stay relevant in the shift to value-based care.
This week, CMS released its final rule for Comprehensive Care for Joint Replacement (CJR), putting 790 hospitals on notice that hip and knee replacement reimbursements from the nation’s largest insurer will be tied to cost containment and high standards for patient care. CMS plans to test the initiative at those hospitals—selected from 67 metropolitan statistical […]
Preparing for the CMS Comprehensive Care for Joint Replacement Project The most important takeaway from the latest CMS effort to rein in costs, achieve positive patient outcomes and lower hospital readmission rates and complication rates is that hospitals must now manage the entire episode of care. CMS’s Comprehensive Care for Joint Replacement (CCJR) bundled-payment program mandates […]
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
Walmart and Lowe’s are no strangers to trying new approaches to reducing their healthcare costs. This time the two mega-employers having joined other companies and a non-profit coalition to provide financial incentive for employees to choose high-quality providers for their joint replacement surgeries. Companies that are part of the newly formed Employers Centers of Excellence […]
Think shock absorbers for the human body. Moximed could help active and young patients who have osteoarthritis prolong the amount of time before total knee replacement. The Heyward, Calif.-based company’s Kinespring Knee Implant System is a medical device that absorbs part of the load put on the knee, without changing anatomy. The device is positioned […]
A Purdue University startup thinks it has a solution for the challenge of getting soft tissue to bond with hard bone. BioRegeneration Technologies co-founders Darryl Dickerson and Eric Nauman say InMotion has the potential to be a one-time-only, permanent solution for joint pain and degeneration. InMotion is a porous scaffolding made of a nonbiodegradable, collagen-based […]
I believe that patients want to get better and that they will be willing to forego expensive services and products when it makes sense to do so. Therefore I’m heartened by the results of a study published in Health Affairs Introducing Decision Aids At Group Health Was Linked To Sharply Lower Hip And Knee Surgery And Costs.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
