December 13-15, 2019

MedTech Impact 2019

Venetian/Palazzo Resort

Las Vegas, NV

(561) 893-8633

info@medtechimpact.com

Category: News

NCQA Patient-Centered Medical Home: Updated & Upgraded

The National Committee for Quality Assurance (NCQA), an independent non-profit organization that works to improve health care quality, has given its patient-centered medical home ‘a makeover’ in order to “reduce documentation burdens, lower costs, and facilitate quality improvements.”

The NCQA’s move marks a growing effort spearheaded by the healthcare industry’s leadership organizations in response to new technologies, uncertainty surrounding reimbursements, and heightened reporting requirements. The organization’s recent announcement of a comprehensive overhaul will enact changes that aim to create “a much more user-friendly version of the popular practice transformation framework that avoids the pain points of previous iterations of the program,” said Michael S. Barr, MD, Executive Vice President of the Quality Measurement and Research Group at NCQA.

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Patient Medication Adherence: A ‘Smart’ Pill Bottle

All data and scientific literature indicate that poor medication adherence is directly correlated with increased hospitalizations, higher mortality rates, and a number of serious adverse health consequences. Approximately 50% of patients do not take their medications as prescribed, resulting in at least 100,000 preventable deaths per year. In terms of incurred costs, these numbers translate to between $100 billion and $300 billion dollars in spending, burdening the already weakened infrastructure of health care. Dr. Niteesh Choudhry, an internist at Harvard Medical School, describes the problem as “the final cascade of all of science.”

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A Miracle Medical Chip: Devices that Heal

Researchers at Ohio State University have taken the first step in creating a medical chip that could ultimately heal almost any injury or disease.

The development of a small, dime-sized silicone device—known as Tissue Nanotransfection (TNT)—uses nanotechnology to actively reprogram a person’s cellular makeup. By simply placing the chip on a wound, the device sends an electrical pulse designed to convert living cells into whatever necessary cells the body requires. The pulse “opens a small window into the cell,” allowing the chip to transmit an entirely new genetic code. Moreover, the entire process takes less than one second.

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FDA Encourages Development of Medical Technology

The Food and Drug Administration has recently announced a program that actively encourages the development of medical digital technology, including wireless wearables and applications that can monitor blood pressure and heart rate, track intake of calories, and measure physical activity.

The program is designed to give pre-clearance to developers working on digital health products, as the approval process for apps sometimes includes burdensome regulations, which can increase costs and limit innovation: the FDA hopes to reduce development costs and give entrepreneurs increased opportunities to develop products.

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Investing in Digital Health

Several of the world’s largest and most successful companies are investing in digital health, including Amazon, Google, and Microsoft. Amazon is heavily investing in health, across a number of different areas, and Google is likewise “ramping up its health cloud business.” Apple and Nokia recently announced a partnership on digital health, designed to advance medical support.

Amazon has also recently landed a health-tech hire from the company Box, a cloud content management and file sharing service for businesses. Missy Krasner, who previously helped build the cloud storage company’s health product, will transition to Amazon. Krasner was also a founding member of Google Health, the company’s online medical records and wellness platform.

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Announcement of NHS Funding

An announcement from the government has recently stated that the National Health Service–the publicly funded national healthcare system for England, and the largest, oldest single-payer healthcare system in the world–will receive £86 million worth of funding over the next three years.

This effort is designed to spur innovation, and help firms further develop medical advancements and technology. The release states that businesses will have the opportunity to ‘bid for funding’ in order to aid developments, which could potentially run the gamut from digital technologies to new inventive medications.

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Agenda Announced for 2017 MedTech Impact Expo & Conference in Las Vegas

New medical conference and expo to focus on innovation and integration of technology in order to drive patient care and promote overall health

NEW YORK, June 22, 2017 –  MedTech Impact Expo & Conference today released the 2017 agenda for its medical technology-focused conference, taking place December 14 – 15 at the Venetian/Palazzo Resort in Las Vegas, Read More

Agenda Announced for 2017 MedTech Impact Expo & Conference in Las Vegas
New Adherence Technology for Opioid Addiction

New Adherence Technology for Opioid Addiction

A startup company based in Baltimore has recently been awarded research funding by the National Institute on Drug Abuse (NIDA), through a Small Business Innovation grant. emocha Mobile Health, a company focused on medication adherence, will receive $225,000 through the NIH Fast-Track mechanism, with an additional $1.5 million tied to achieving specific milestones.

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Announcing New Partnership with the Society of Physician Entrepreneurs

MedTech Impact is excited to announce a new partnership with the Society of Physician Entrepreneurs, a nonprofit that functions as a community-based platform for biomedical and healthcare entrepreneurs to connect and collaborate. The partnership brings SoPE and its president Alren Meyers, MD, MBA into an advisory board position, designed to assist with development of the 2017 conference program focused on innovation in medical technology. SoPE will also host a breakout session during the two-day conference that highlights innovative ways in which to advance and further develop the ever-changing field of healthcare.  For more information about the 2017 conference agenda, visit www.medtechimpact.com