The key challenges facing medical device manufacturers
Accountable care and value-based reimbursement models are causing a seismic shift in the medical device industry.
In the new medical device market, the value of the device and data alone will not drive sales. Instead, it will be solutions that bundle device, data, and real-time analytics that clinicians, health systems, and payers will want to buy.
Acute care examples
- “Clinically interoperable” camera – A major manufacturer of cameras for use in surgical suites and other clinical settings used HealthShare to create a “clinically interoperable” camera that increases accuracy, speeds workflow, improves communication, reduces risk, and saves time for doctors and nurses.
- Supercharged infusion pumps – A global maker of infusion pumps is supercharging its products with EHR connectivity, data aggregation, analytics, and monitoring capabilities to ensure device accuracy and performance, and to give nurses more time to spend with patients.
Ambulatory care examples
- Home care devices – A leading manufacturer of home health devices, including blood pressure and heart monitors, uses the strategic interoperability capabilities of InterSystems HealthShare to make its products more compelling to providers and payers and help reduce readmissions.
- Implantable devices – A strategic interoperability platform can give makers of implantable devices a new way to gather and analyze data to improve products and processes, and demonstrate efficacy.
In our white paper you will learn how a health informatics platform, and strategic interoperability, can provide the ready-made infrastructure you need to create these new types of solutions.