Why acquire a monitoring device company?

AcquisitionOff late there has been surge in deal counts amid medtech OEMs and monitoring device companies. Newly added to this row, was BSC and Preventice deal, where the former acquires exclusive marketing rights of latter’s  wearables . Direct peers of BSC namely Medtronic , St Jude have already boarded on the trend. Where Medtronic acquired Corventis,while St Jude bought CardioMeMs.

While the BSC exclusive marketing deal surfaced up a day ago, Medtronic, St Jude transactions could be mapped to last year, year that was quoted by some of the journals as Medtech M&A year.

Industry experts quote the rational to acquisitions, as a move to drive sales of business division that are under performing in comparison to their counterparts. BSC’s rhythm management division VP quotes” healthcare transformation as the reason for the move. He says

“As our healthcare environment continues to evolve, healthcare practitioners,administrators and payers are looking for solutions that identify relevant clinical insights from large volumes of patient data and integrate those insights to improve clinical decision-making,”

Financial details of the transaction were not divulged but exclusive marketing partnership was affirmed by leading medtech journals.

As the healthcare cost witness an increase on daily basis, payers and other healthcare providers are doing everything at their disposal to cut down the increasing cost. Leading players believe that, an working model involving monitoring of patients outside the hospital set up , along with usage of data that these devices generate could be instrumental in carving a new healthcare patient-doctor engagement model, which is likely to be more reliable and economical.

Since clinical actions would be driven by real time data analysis, the outcomes of model are bound generate best of results. All credit to be given to the innovative wearable from likes of Preventice, CardioMeMs, Corventis and many other start-ups who are looking to paint a better healthcare picture.

For more updates follow MDT : Medical Device Trends

http://www.medicaldevicetrend.com

Advertisements

Medical Device News Trends 03042015

Medical device trends new feature, MDNT ( Medical device news trends) captures top news releases of the day, along with stats highlighting activities that remained at the forefront of medtech focus. Was it funding, IPO, product approvals or an innovation, Subscribe it to know it.

MDNT ( Medical device news trends) : MDT News Releases 3

Below is snapshot of the same

MDT News Releases 3

For more updates on medtech, Follow Medical Device Trends

Your Online Trend Tracker ( Supporting 50000+ medtech readers around the globe)

http://www.medicaldevicetrend.com

Subscribe to Medical Device Trends by following the website and leaving a mail at contactus@medicaldevicetrend.com

Mail requests will enable MD Trends to send you a daily and monthly notifications on current and future products

Top med tech stories from previous day 03/04/2015

Medical device trends brings you top 3 stories from previous day. As these features remained at the forefront in terms of tweets , views and discussions, we bring you quick snapshot of their content. Below are top three stories purely based on their social media coverage, popularity and relevance:

Download your copy by clicking:Medical Device Trends News Letter (Daily Dossier)-3

Below is image snapshot of the same:

Medical Device Trends News Letter (Daily Dossier)-3

For more updates on medtech, Follow Medical Device Trends

Your Online Trend Tracker ( Supporting 50000+ medtech readers around the globe)

http://www.medicaldevicetrend.com

Subscribe to Medical Device Trends by following the website and leaving a mail at contactus@medicaldevicetrend.com

Mail requests will enable MD Trends to send you a daily and monthly notifications on current and future products

Medical Device News Trends 24032015

Medical device trends new feature, MDNT ( Medical device news trends) captures top news releases of the day, along with stats highlighting activities that remained at the forefront of medtech focus. Was it funding, IPO, product approvals or an innovation, Subscribe it to know it.

MDNT ( Medical device news trends) : MDT News Releases

Below is snapshot of the same:

MDT News Releases

For more updates on medtech, Follow Medical Device Trends

Your Online Trend Tracker

http://www.medicaldevicetrend.com