In recent years, the FDA has taken an increasingly active role in the growing digital health industry: developing new regulatory frameworks, reframing development standards, and offering a wide array of industry guidance. Led by commissioner Scott Gottlieb, the FDA has pointedly endeavored to actively adapt to the ever-changing health tech industry.
In recent years, venture capitalists, technology developers, and medical providers alike have begun tapping into a long-neglected demographic: women’s health. Dubbed by industry insiders as ‘FemTech,’ the growing sub-market encompasses software, diagnostic tools, wearable trackers, and additional online services that utilize digital technology to improve women’s health.
Journalists attending AdvaMed’s 2017 The MedTech Conference were treated to a behind the scenes look at Flex’s Silicon Valley Innovation Center. Flex, (formally Flextronics) a $25B global electronics manufacturer with 200,000 employees globally, has been utilizing their expertise contract manufacturing across dozens of industries, to apply the lessons learned and fast paths to innovation that are accelerating product development.
Flex’s “Sketch to Scale” comes to life in their innovation center and robotics lab. From conception and design to prototyping and advanced engineering, Flex’s Innovation Center is where the majority of today’s “smart home” and “connected health” technology is designed and manufactured.
“We make everything for everybody,” said John Carlson, President of Flex Health Solutions. Highlights from the tour included flexible circuitry, printed on a stretchable material, that could (potentially) be used to monitor skin biometrics, a sweat sensor that is able to read blood glucose levels from sweat, and an advanced robotics lab that allows Flex to streamline the R&D, design and manufacturing process for their clients.
For more information, visit www.flex.com.
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.
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
The American Heart Association, the nation’s leading research organization dedicated to the prevention of heart disease and stroke—the two leading causes of worldwide death—has partnered with one of the nation’s ‘leading home care providers’ to deliver research straight to the homes of seniors in America.