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Med-Tech Roundup

learn more about trends, news and advancements in the med-tech space

Novasyte Recognized Among Only Six Percent of Companies Making the Inc. 5000 List for Six Consecutive Years

Posted by Charlotte Morello on Aug 15, 2018 6:03:00 AM

Novasyte is honored to announce that we ranked 1,692 overall and 125 in the healthcare category on the 2018 Inc. 5000 List of Fastest-Growing Private Companies in America. This marks the sixth consecutive year achieving this recognition, putting us on an exclusive short list of only six percent of companies acknowledged for maintaining this level of continued growth over the years, including Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle and Zappos.com. 

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Topics: Novasyte News, Business Awards, Novasyte Growth, Leadership News, Medical Device Industry, San Diego, CA, Pharmaceutical Industry

How Manufacturers are Staying at the Forefront of Conversion Excellence with the Use of Third-Party Providers

Posted by Sam Elbaz on Aug 8, 2018 2:16:26 PM

With increased pressures to reduce internal SG&A costs, accelerate the pace of business, and increase process efficacies, manufacturers are continually investing in third-party partnerships where innovation is at the forefront of service delivery.

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Topics: Medical Device Recall Help, Med-Tech Industry Update, Medical Device Industry, Industry Trends, Industry Advancements, White Paper

How Patient Satisfaction is Influencing Medical Device Conversion Follow-Up Strategies

Posted by Sam Elbaz on Jul 26, 2018 3:50:26 PM

Improving the patient experience and measuring their satisfaction is becoming increasingly
important to facilities and manufacturers. Not only is patient satisfaction one of the three essential dimensions of the Institute for Health Improvement (IHI) Triple Aim, but the scores are also key performance metrics under the 2016 Center for Medicare and Medicaid Services (CMS) Hospital Value-Based Purchasing (VBP) Program.

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Topics: Medical Device Recall Help, Med-Tech Industry Update, Medical Device Industry, Industry Trends, Industry Advancements, White Paper

How Conversions are Managed Today in Response to the High Turnover Rate in Nursing

Posted by Sam Elbaz on Jul 19, 2018 9:08:02 AM

As a partner to many of the largest, global medtech companies for more than a decade, Novasyte has gained a strong understanding of the evolving healthcare landscape and trends in nurse staffing. With the consistent rotation of nurses in hospital systems, manufacturers are adapting to the staffing changes and optimizing their education methods to ensure successful medical device conversions. 

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Topics: Medical Device Recall Help, Med-Tech Industry Update, Medical Device Industry, Industry Trends, Industry Advancements, White Paper

MedTech Industry Trend: The Shift Towards a Centralized Decision-Making Process

Posted by Charlotte Morello on Jul 11, 2018 12:21:19 PM

For many medtech manufacturers, commercializing products into a new healthcare facility brings a series of opportunities and challenges, including:

  • The need to provide proof of product efficacy and cost effectiveness,
  • The need to deliver new product into the facility quickly,
  • The need to align with facility leadership on the strategic direction to implement, and
  • The need to train the facility’s end-users to support adoption.
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Topics: Medical Device Recall Help, Med-Tech Industry Update, Medical Device Industry, Industry Trends, Industry Advancements, SMART recall program, White Paper

FDA Confirms Third-Party Entities Provide High Quality, Safe and Effective Servicing of Medical Devices

Posted by Charlotte Morello on Jul 9, 2018 9:58:30 AM

In May 2018, the FDA released a report titled "FDA Report on the Quality, Safety and Effectiveness of Servicing of Medical Devices," issued by the Secretary of Health and Human Services and in accordance with The Food and Drug Administration Reauthorization Act (FDARA). The FDA examined product servicing by manufacturers, healthcare establishments and third-party providers who refurbish, recondition, rebuild, remarket, service and repair medical devices. 

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Topics: Med-Tech Industry Update, Quality Management System, Medical Device Industry, Medical Device Field Action, San Diego, CA, Industry Trends, ISO Certification, Industry Advancements, Field Technical

EY Announces Tim Gleeson of Novasyte Entrepreneur Of The Year 2018 Award Winner

Posted by Sam Elbaz on Jun 8, 2018 4:18:58 PM

EY today announced that Tim Gleeson, Chairman and CEO of Novasyte, received the Entrepreneur Of The Year® 2018 Award in the Services category in San Diego.

The award recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Gleeson was selected by an independent panel of judges, and the award was presented at a special gala event at the Fairmont Grand Del Mar on June 7.

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Topics: Novasyte News, Novasyte Growth, Leadership News, Med-Tech Industry Update, Medical Device Industry, San Diego, CA

Landmark CA Supreme Court Ruling Determines Hiring W-2 Employees over 1099 Contractors is Crucial to Mitigating Employer Risk

Posted by Sam Elbaz on Jun 6, 2018 10:18:52 AM

On April 30, 2018, the California Supreme Court unanimously ruled to establish clearer distinctions between W-2 employees and 1099 independent contractors. Additionally, they made the process more difficult for employers to classify an employee as an independent contractor through an updated, more restrictive "ABC" test.

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Topics: Novasyte News, Med-Tech Industry Update, Medical Device Industry, San Diego, CA, Industry Trends

Novasyte Earns Place on San Diego Business Journal's Fastest Growing Private Companies 2018 List

Posted by Sam Elbaz on Jun 5, 2018 8:44:59 AM

Novasyte is pleased to announce we have earned a finalist ranking on the San Diego Business Journal's Fastest Growing Private Companies 2018 list for the fourth consecutive year. 

This annual list is compiled by the San Diego Business Journal and is determined on the basis of rapid expansion. Novasyte placed on the list of 100 highlighted organizations for sustaining a three-year growth rate of 70 percent. This growth can be attributed to the work our expanding corporate and field teams perform to support a number of the largest, global device, diagnostic and drug manufacturers. 

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Topics: Novasyte News, Novasyte Growth, Leadership News, Med-Tech Industry Update, Medical Device Industry, San Diego, CA

Novasyte to Exhibit at WOCN Conference 2018

Posted by Sam Elbaz on May 31, 2018 5:21:27 PM

The Novasyte team will be attending and exhibiting at Wound, Ostomy and Continence Nurses Society's (WOCN) 50th Annual Conference on Sunday, June 3rd through Wednesday, June 6th at the Pennsylvania Convention Center. 

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Topics: Novasyte News, Novasyte Partnership, Medical Device Industry