Despite being rivals in the blood oxygen diagnostic fields, Medtronic (NYSE:MDT) said it is joining Masimo (NSDQ:MASI) CEO Joe Kiani’s Patient Safety Movement Foundation with a $5 million, 5-year commitment. By joining the program, Medtronic will provide $5 million over 5 years and share anonymized data from its medical devices to help develop analytic programs to […]
DeviceTalks, the live interview series featuring thought leaders from the $126B medical technology industry, closes out its 2014 season on November 19, 2014 in Irvine, Calif. with a conversation focused on whether the medical device industry is doing enough to protect patients.
MASSDEVICE ON CALL — Former President Bill Clinton spoke openly before an audience of healthcare stakeholders in Laguna Beach, Calif., this weekend, saying bluntly that efforts to repeal the medical device tax must come with a strategy to make up the lost funds.
"You’ve got medical device people, they hate the tax," Clinton said during the weekend’s Patient Safety, Science & Technology Summit. "If you want to get rid of it you’ve got to say how you’d replace it."
Thousands of newborn babies die or suffer serious illness each year for want of a cheap, readily available medical device to test for congenital heart disease, according to neonatal health experts.
The growing Patients Safety Movement has more than doubled its commitments from medtech companies over the course of a single year, with nearly 30 companies promising so far to make the data gathered by their devices available to anyone interested in improving patient care.
Medical device executive turned patient safety advocate Joe Kiani told a U.S. Senate committee on healthcare Tuesday that the government can do more to stop preventable deaths in hospitals, including adding harsher payment penalties if a patient dies as a result of a preventable medical error or infection.