GE Healthcare has signed an agreement to provide advanced analytics and reduce process variation for the 21-hospital Adventist Health system in California, Oregon and Hawaii, the health system announced. The five-year collaboration is designed to maximize the capacity of Adventist’s clinical assets and improve patient care delivery. Adventist said it expects the collaboration to spur […]
Wireless preemie monitoring system allows more parental contact
A new, less invasive system for monitoring preterm and critically ill newborns’ vital signs would allow parents skin-to-skin contact with their babies when they otherwise couldn’t have it. The system, designed by researchers at Northwestern University in Chicago, uses ultrathin, skin-like electronic sensing technology to overcome the limitations of traditional systems that require a large […]
Medtronic inks 5-year value-based healthcare deal with S.C. hospital
Medtronic (NYSE:MDT) said today that it inked a five-year value-based healthcare partnership deal with the Medical University of South Carolina, looking to improve health outcomes, patient care experiences and reduce costs. Fridley, Minn.-based Medtronic said the partnership will initially focus on addressing chronic disease and acute conditions prevalent in the region. An initial program involves standardizing […]
3M closes $1B M*Modal buy
3M (NYSE:MMM) said today that it closed its approximately $1 billion acquisition of health information tech developer M*Modal. Franklin, Tenn.-based M*Modal develops cloud-based, conversational artificial intelligence-powered software platforms. The company’s products are intended to allow physicians to “capture and improve the patient narrative,” to allow them to gain more face time with the patient and […]
Baxter cleared from DoJ antitrust saline probe
Baxter (NYSE:BAX) said yesterday that it has been cleared from a U.S. Dept. of Justice antitrust probe, launched in 2017, investigating companies that market intravenous saline solutions. The probe came as hospitals endured a shortage of intravenous saline solutions, which are used to hydrate hospital patients. The shortage dates back to late 2013, after drugmakers told […]
Baxter acquires software developer True Process
Baxter (NYSE:BAX) said last week that it acquired healthcare software developer True Process. The company’s Vines software platform is designed for bedside data collection and normalization, according to a report from BizTimes. Founder Todd Dunsirn, who reportedly left the firm after the acquisition closed, told BizTimes that the company’s software aims to connect the various devices […]
Philips touts new gantry design for Azurion
Philips (NYSE:PHG) today touted the launch of its Azurion with FlexArm, which the company said enables physicians to more easily perform image-guided procedures. As the clinician moves the system, the image bean maintains alignment with the patient and provides consistent visualization, according to Philips. Azurion with FlexArm moves on eight axes, controlled by the Axsys controller. […]
European scientists develop absorbable bandages
An international research group has developed a biocompatible bandage material that has antibacterial properties and will not require changing, a potential boon for burn patients. The material is self-absorbable, and a new bandage can be put directly on top of the old one, alleviating the need for the frequent and often-painful changing of a burn […]
CES 2019: Medical technologies you need to know
Mobile health devices and wearables are increasingly playing a prominent role at the annual CES show in Las Vegas, with 505 digital health and 620 wearables exhibitors at this year’s show. Health and medical devices touted at CES 2019 – Jan. 8–11 – were meant to improve everything from posture to sleep analysis. Time will tell […]
Medicare’s bundled ortho payments yield modest savings
Medicare’s randomized trial of a new bundled payment model for hip and knee replacement surgeries led to $812 in savings per procedure, a 3.1% reduction in costs when compared with traditional means of paying for care, according to new research. The study from Harvard T.H. Chan School of Public Health and Harvard Medical School found that the […]
Cardinal Health launches supply chain solution
Cardinal Health has launched a supply chain automation solution that is designed to address the challenges in the operating room. The single health system-wide platform allows hospitals to streamline OR processes, reduce costs and improve efficiency with real-time inventory visibility and prescriptive analytics. The system also offers real-time insights and wrap-around logistics. Get the full […]
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