10 AI Apps Set to Play Important Role in Healthcare Development

If you have doubt that artificial intelligence is going to play a role in healthcare’s continued development, think again.   A new report from Accenture, titled “Artificial Intelligence: Healthcare’s New Nervous System,” provides a bit of clarity on why technology will be a growing force in the medical world. Accenture predicts the health AI market…

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Medical Device Tax Repeal Still in Debate

Medical Device Tax Repeal

Democratic senators on the Appropriations Committee chafed at Price’s refusal to give “yes or no” answers to their queries, as they used his appearance before them to criticize the drafting an Obamacare replacement bill without their input, and for what they believe will be the bill’s harmful effects on the affordability of health coverage for…

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Incentives to Upgrade Legacy Medical Devices

Legacy Medical

Cycling out legacy medical systems and devices that create cybersecurity vulnerabilities for healthcare providers is a difficult task that could benefit from a structured incentive program, experts say. One reason healthcare is plagued with cybersecurity vulnerabilities is that the industry is built on a bedrock of legacy systems and devices in an increasingly connected environment.…

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Move Over Digital Health, the Future is Prepping for Digital Medicine

Digital Health

The future of healthcare is not a device or a drug thus far undiscovered. No, it’s digital and that’s no surprise — but it’s not nearly as simple as today’s digital health. Rather, forward-looking hospitals including Mount Sinai, LifeBridge Health and Thomas Jefferson, in fact, have clinical innovation teams working on digital medicine projects. The…

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Medicine Is Going Digital. The FDA Is Racing to Catch Up

FDA

WHEN BAKUL PATEL started as a policy advisor in the US Food and Drug Administration in 2008, he could pretty much pinpoint when a product was going to land in front of the reviewers in his division. Back when medical devices were heavy on the hardware—your pacemakers and your IUDs—it would take manufacturers years to get…

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Medical Systems Hacks Are Scary, but Medical Device Hacks Could Be Even Worse

Medical Device

On Friday, a major cyber attack hit health systems around the world. In Britain, where the attack affected hospital IT systems, doctors were unable to access patient records. Ambulances were diverted and emergency care delayed. Unfortunately, attacking hospital IT systems is just the tip of the iceberg when it comes to cyber vulnerabilities in the health…

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Hot Medtech Startups: 10 Companies to Watch in 2017

medtech

Medtech startups face more challenges than they have in the past, but several companies are developing products that take advantage of new technology and are specifically designed to meet healthcare’s evolving needs. The number of medtech startups has declined. Thirty years ago, the medtech field averaged 1,500 startups; it slid to about 600 by 2012.…

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New WPI Center Hopes to Speed Up Medical Device Production

WPI

Worcester Polytechnic Institute is opening a new medical and technology development center it hopes will speed up the production of cutting edge medical devices and therapies for patients. PracticePoint at WPI, a public/private partnership announced Thursday, will include several testing suites to allow clinical researchers, engineers and manufacturers to more easily collaborate and commercialize robotic and…

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Are Serious Medical-Device Hacks Imminent?

Medical-Device Hacks

Regulators and medical-device-makers are bracing for an expected barrage of hacking attacks even as legal and technical uncertainties leave them in uncharted territory. Tens of millions of electronic health records have been compromised in recent years, a number that is growing and, some say, underreported. High-profile attacks have hit hospitals and health insurers, and now…

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Multiple Companies Bidding to Buy Medtronic Medical-Supplies Business

Medtronic medical-supplies

Cardinal Health Inc. is among several companies that are bidding to buy Medtronic medical-supplies business, Bloomberg News reported Tuesday. Dublin, Ohio-based medical-products supplier Cardinal is the leading suitor, the news service reported, citing sources with knowledge of the deal. Northfield, Ill.-based Medline Industries Inc. has also reportedly put in a bid.          …

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