Supply Chain
You can’t optimize the healthcare supply chain in 2014 without technology.
Amazon.com revolutionized the online buying experience for millions while giving sellers an expanded market that brick and mortar merchants still envy.
Now a new online direct contracting service is attempting a similar coup in the healthcare market.
Empowered consumers, rapid innovation and increasing competition are among PwC's top health industry issues for 2014.
Hospital administrators are finding that inexpensive and unobtrusive radio frequency identification tags are saving thousands of dollars while increasing quality of care and patient satisfaction.
The U.S. market for clot management devices is on the rise and is expected to grow at an annual rate of 4.1 percent through 2017, said a new report from Millennium Research Group.
The market for point-of-care (POC) testing products -- such as pregnancy tests and glucose monitoring devices -- is currently growing at a rate of 6 percent per year, said a new report from healthcare market research publisher Kalorama Information.
President Barack Obama rejected the idea of delaying the implementation of a 2.3 percent medical device tax slated to go into effect on Jan. 1, 2013 as part of the Affordable Care Act. The president said medical device companies would make up for the lost revenue because the ACA will bring more healthcare consumers into the marketplace.
In a letter sent to Senate Majority Leader Harry Reid last week, 18 Democratic senators and senators-elect requested a delay in the medical device tax, a 2.3 percent tax that is slated to go into effect on Jan. 1, 2013 as part of the Affordable Care Act.
The market for brain health technology will exceed $1 billion by year's end, and will likely hit somewhere between $4 and $10 billion by 2020, according market researcher SharpBrains. The growth is driven largely by the aging of the population.
The U.S. Food and Drug Administration (FDA) announced Monday that it is part of the first public-private partnership to promote medical device regulatory science. The partnership will focus on speeding up the review and approval processes of new medical devices.