Editor's Note The medical 3D printing market is expected to double from $2 billion in 2022 to $4 billion by 2026, driven by customization, lower costs, and quick turnarounds, according to analysis from GlobalData. In a July 24 report on the analysis, Medical Device Network outlined this growth as well…
Editor's Note North Korean hackers targeted U.S. hospitals and healthcare systems with ransomware to fund a covert information exfiltration campaign against American military and scientific entities, according to a July 25 report from CBS News. The first attack was a May 2021 ransomware infiltration of a hospital in Kansas. The…
Editor's Note Healthcare costs are expected to rise between 7% and 8% in 2025, according to a report from PwC's Health Research Institute. As detailed in a July 17 article from Fierce Healthcare, PwC projections for an 8% increase in the group market and 7.5% in the individual market would…
Editor's Note A global Microsoft server outage disrupting critical services from airline operations to banking is also having a significant impact on healthcare, according to multiple news reports. On example is a Friday, July 19 report from CBS News reporting that Mass General Brigham, the largest health care system in…
Editor's Note: Problems with Philips’ BiPap V30, BiPAP A30, BiPAP A40 ventilators resulted in only 7 recorded deaths and 10 injuries—far fewer than the 65 deaths and 952 injuries initially reported by the US Food and Drug Administration (FDA). In a July 10 update to the class 1 recall—the most…
Editor's Note Introduced by a bipartisan group of Senators, the Healthcare Cybersecurity Act aims to bolster the cyber-defenses of healthcare entities through the collaboration of the U.S. Department of Health and Human Services (HHS) and the Cybersecurity and Infrastructure Security Agency (CISA). According to a July 16 report in HealthExec,…
Editor's Note Epic has the largest market share for hospital electronic health record (EHR) systems in the world, according to a July 8 report from Becker’s Health IT. The company took the top spot after adding 203 hospitals and 24,117 beds outside the U.S. in 2023, with significant growth in…
Editor's Note The US Food & Drug Administration has designated recalls of Baxter’s Life2000 Ventilator and the I-Pack Injection Kit from Bausch + Lomb and subsidiary Synergetics Inc. as Class 1, the most severe category indicating serious risk of injury or death. According to FDA’s July 15 announcement, the ventilator…
Editor's Note The US Food and Drug Administration (FDA) has classified recalls by Hamilton Medical and Megadyne as Class 1 events, the most severe category indicating risk of serious injury or death. According to the agency’s July 11 report, Hamilton Medical is correcting software for its HAMILTON-C6 Medical Ventilator to…
Editor's Note A manufacturing defect in a critical component of an upper airway stimulation (UAS) system and coils prone to overheating during magnetic resonance imaging scans (MRIs) prompted The US Food & Drug administration to issue two Class 1 recalls June 8. Class 1 is the most severe category, indicating…