8 steps to identifying and hiring the ideal CEO.
When it comes to hiring a CEO for a startup, I’ve seen many boards make suboptimal choices, often focusing too […]
Your friends are gaining insights on BoneChat, are you?
Unlock Funding Secrets – Watch episode #5 (1 hr) BoneChat member, Marc Viscogliosi, discusses different types of equity capital funding
Has spine become a fashion industry?
Fact: The spine industry moves so fast that there is no time for clinical studies. Since there is no time
Do you really know your Customer Acquisition Costs ?
Customer Acquisition Cost (CAC) Formula: CAC = Total Marketing and Sales Expenses/ Number of New Customers Acquire Concept: Customer Acquisition Cost (CAC) represents the total cost of acquiring
IPO Sweet Spot: How Orthos can prepare to access the Public Markets.
The public markets may be reopening later this year for orthopedic companies. My guess is that the sweet spot for
Evaluate the System, not just the Job
This article explains why the system is more important than a specific role in your new orthopedic company. The article
The First-Mover Paradox in Orthopedics
If your company is on the bleeding edge of disruptive innovation, history suggests that the odds are against you long
I know the people who have the “small company mindset”.
This is pure pattern recognition. I have watched effective and ineffective people in small ortho companies for decades. Some people
When hiring goes wrong: the hidden cost of making a bad hire.
Ortho companies make bad hires every day. Often, the interviewee that they see during the process is not the person
9 real hiring tips for you
Hiring top talent is the lifeblood of any thriving company, often more critical than sales, product development, or finances. Despite
You can’t make this stuff up.
Former Stimwave CEO, Laura Perryman, gets 6 years in prison for fake device scheme. The case centered on allegations that
We must escape the Zero-Sum Mindset in Orthopedics.
In orthopedics, it’s easy to fall into the mindset that success is a zero-sum game, where growth comes at the
The best Marketing book for Orthopedics.
Buy it here on Amazon – https://a.co/d/0hGSbCFX I talk with many Marketing people in orthopedics, who are not really doing
Startup treating knee cartilage defects is finishing out their Series A raise.
Early results for these knee cartilage defect patients are impressive in that the patients achieved early weight bearing. website –
EtO causes cancer. Device sterilizers are scrambling to find alternatives.
EtO causes cancer. Device sterilizers are scrambling to find alternatives. MedTechDive No one solution can match the scope and scale
Deep technical review of hydroxyapatite and other calcium phosphate containing biocomposites and hybrid biomaterials.
Sharing this excellent body of work for the biologics geeks out there. Calcium Orthophosphate (CaPO4) Containing Composites for Biomedical Applications:
Turning Actions into Insights: A Startup’s Path to Success
In your startup journey, especially in 2024, finding stable footing can often seem like a relentless challenge. From my experience,
TracPatch Health Wearable: Revolutionizing Post-TKA Rehabilitation
website – https://www.tracpatch.com/ As you know, I have written about TracPatch many times on the blog. I am a big
Funding Drought Over? Osteal Secures $50M to Tackle Joint Infections
Osteal raises $50m to bring joint infection drug/device combo to market (Medical Device Network) Osteal Therapeutics has raised $50m in
Wow! restor3d pulls in $70M in venture funding.
“This could be the first signal in a market shift that we have all been waiting for that could open
The essential trait that every startup CEO should hire for: Proactive Problem Solving
Building a successful startup is akin to navigating through an endless maze of challenges. Each day presents a new hurdle
Solving the enthesis problem: A startup called, Tetrous, introduces Enfix
Website – https://tetrous.com/ In the sports medical space in orthopedics, where innovation meets the demand for better solutions, there exists
Stryker acquires Artelon (rumors in the BoneChat community ~12X $25M in revenue = $300M acquisition price)
MedTechDive summary Dive Brief: Stryker said Monday it has agreed to buy Artelon for an undisclosed sum to add soft tissue repair technology
Zombie Spine company of the week.
Congratulations to Implanet ! Implanet, founded in 2007 and based in Bordeaux, France. The company’s flagship products include the JAZZ®
If you think you are about to be laid off, here is some advice from an HR expert.
As you walk into the Big Ortho building, the eerie silence is impossible to ignore. The usual buzz of conversation
Whistleblower unveils an alleged $12M kickback scheme involving Innovasis and spine surgeons.
THE HIGH ROAD It is imperative that we uphold the integrity and trust within the orthopedic industry. Recent allegations against
Rarely seen in orthopedics, Intellijoint Surgical goes free “open access” with it’s Intellijoint VIEW technology.
website – https://www.intellijointsurgical.com/video – https://youtu.be/eDpTU9TEVyE?si=JEZgDjeGlrvs1rA0press release – Intellijoint Surgical opens access for free use of its most differentiated product in
I was wrong about Generics in orthopedics.
In a series of articles, I predicted that generic orthopedic implants—proven designs replicated at a lower cost—would capture at least
Is your sales team hunting antelope or mice?
In the wild, a lion can capture, kill, and eat a field mouse with ease. However, the energy expended to
Are you trying to become a product or a company ?
Some ortho startups graduate to become a PRODUCT.(egs: https://www.orthospin.com/ or https://augmedics.com/) Some ortho startups graduate to become a COMPANY.(egs: https://paragon28.com/ or https://osteoremedies.com/) At the beginning of
The Power of the BoneChat Community: A Testimonial from pitch sink’s Founder
Guest post from Steven Flutie-Davis, the founder of pitch sink. Launching a startup can be a solitary journey, fraught with
A Scientific Approach to VC
A Scientific Approach to VC Finding defensible magic is hard. Completing your Ph.D. is hard. Building a company is hard.
From Lab Bench to Launch: Why scientists make great startup founders (but only with a mindset shift)
In orthopedics, have you ever wondered why some of the most brilliant minds in science struggle to translate their genius
Easy versus Hard
Our orthopedic industry is constantly changing. For early-stage orthopedic companies some things are getting EASIER, but most things are getting
The End of Networking in Orthopedics: Why It’s Time to Focus on Real Connections
Networking in the orthopedics industry has changed. People are trying to connect me with… just to connect. People are “liking”
The Hidden Dangers of Arrogance in Orthopedic Leadership
I am not going to name names in this article, we have all seen this problem first hand. Arrogance is
The end of Zimmer’s failed spine experiment and a restart at Highridge Medical
Overview of Highridge Medical from Orthopedics This Week The Buyer Highridge Medical’s senior leadership are among the most experienced, successful,
Innovation Undercover: How Red Star Changed Medical Devices Without You Noticing
In the quiet outskirts of the Orthopedic Capital of the World, a powerhouse was stirring. Red Star Contract Mfg., a
Crossing the Chasm – a critical survival risk for young ortho companies.
Scaling sales beyond the Early Adopters could be the most challenging area for ortho startups. Much harder than the technology,
Hire for “Judgement” in the early years.
Summary: Hire for judgement in your company. Eventually you’ll run out of bandwidth, and the early hires make the decisions
Orthopedists still reaping benefits as device companies keep the payments flowing
Study: Industry payment distributions may be skewed by 0.1% of physician earners (Healio) According to published results, industry payment distributions
Generally right, but specifically wrong.
I met an orthopedic entrepreneur who did every thing right. This Founder/CEO was in the right space at the right
Why transparency matters.
Numerous leaders learn a tough lesson about transparency. When they conceal details—like the company’s condition, the reasons behind the CFO’s
Bending Time
Ortho startups are in a race against the clock. Unlike established companies with steady cash flow, these ventures operate with
The Rise of Zombie Ortho Companies
I recently coined the phrase “Zombie Ortho Companies” and wrote about a particular Zombie Spine company called, Spineway. Spineway is
Miniature robot startups acquires the assets of Avail Medsystems
Though the details of its work in AI and robotics have been kept under wraps, Mendaera also sees its new
Let’s rethink Marketing in Orthopedics
Marketing gets a bad rap, but that’s because most marketing in orthopedics is bad. Additionally Marketing and Sales don’t really
Why Orthopedic Jobs Are Vanishing.
You need to wrap your head around this macro trend. Technology is a relentless driver of business efficiency. Companies no
Is it all about ACCESS nowadays ?
The year 2000- Surgeon – “This is the implant system that I want to use and my rep will handle
Pain and suffering => Success
The CEO of the fastest growing company in the world shared his thoughts with Stanford students today. Builders of ortho