Currently, there is a $150 billion market for implantable medical devices in the U.S. It is important to track how well devices are working, in order to obtain better value for healthcare dollars. Effective tracking will allow for recalls on devices that may be defective, and it would make it easier to detect cases of fraud.
Read MoreThe healthcare industry remains exceptionally healthy: Hospitals, doctors, and other health care employers added 40,100 jobs in June, the latest big month for one of America’s most crucial economic sectors.
Read MoreAbout 60% of doctors are continuing in the private practice of medicine in an attempt to hold on to traditional healthcare. Nonetheless, the industry is shifting towards new payment methods. Dr. Harold Miller, president and CEO of the Center for Healthcare Quality and Payment Reform, claims that physicians would have to slow Medicare spending by 0.5% per year over the next 10 years in order to achieve the savings for SGR repeal.
Read MoreThe current U.S. healthcare system is faced with many threats to patient safety. On July 1st in a letter to the Senate Committee on Health, Education, Labor & Pensions group working on EHRs, CHIME stressed the need for correct patient identification to ensure patient safety.
Read MoreThe King vs. Burwell decision determined the fate of Obamacare and had a significant impact on the market.
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