The New Business Model in Orthopedics -

The New Business Model in Orthopedics

Believe it or not, in the future, Orthopedic companies will discount or even give away “medical devices”, in exchange for data. […]

Medtronic shuts down total joint division focused on low-cost orthopedic implants

Doug Kohrs, one of the founders of Responsive Orthopedics, pictured in 2016 with an artificial knee developed by the company.

Medtronic acquires Titan Spine

Medtronic Enters Into Definitive Agreement to Acquire Titan Spine (press release) Medtronic plc (NYSE:MDT), a global leader in medical technology,

Boston Scientific enters spine with the Vertiflex acquisition for $465M

Boston Scientific gets into spine with $465 Vertiflex buy (MassDevice) Boston Scientific (NYSE:BSX) moved into the orthopedics space with a $465

Ouch! J&J pays $1B to resolve the majority of the Pinnacle-Hip lawsuits

J&J Pays About $1 Billion to Resolve Pinnacle-Hip Suits (Bloomberg) Johnson & Johnson agreed to pay about $1 billion to resolve

Precision OS is helping to redefine the future of orthopedics surgery training

More at Precision OS website – https://www.precisionostech.com How a Vancouver company is taking the future of surgical training virtual (CBC)

J&J is making big bets in Robotic Surgery

J&J Bets Big in Robotic Surgery (OrthoFeed) J&J’s recent blockbuster deal for Auris is really just the latest in a

Understand why AR surgery is coming to Orthopedics

Augmented Reality: The Future of Medicine (Interesting Engineering) Augmented Reality (AR), also known as spatial computing –a merging of digital and physical spaces,–

Q&A: Medtronic Mazor robot-assisted spine surgery

Medtronic has big plans for robot-assisted spine surgery (Medical Device and Outsourcing) Officials at the world’s largest medical device company

Your orthopedic device idea and advice on confidentiality agreements (free contract advice)

Confidentiality Agreements and Your Medical Device Idea (Free Template) – LinkedIn Article written by Laurence Binder How can you protect

FDA recall of Brainlab software used in spinal navigation

BRAINLAB ISSUES CLASS 1 RECALL OF ITS SPINAL NAVIGATION SOFTWARE (Orthopedics This Week) Definition: A Class I Recall is a situation in which

THINK Surgical partners with UOC for robotic knee procedures

ROBOTICS SUPPLIER TEAMS WITH UNITED ORTHOPEDIC CORP (Orthopedics This Week) California-based THINK Surgical, Inc., a robotic technology company that manufactures

The inside story of Tiger Woods lumbar fusion and recovery

CREDIT GUYER AND TEXAS BACK FOR TIGER WOOD’S HISTORIC COMEBACK (Orthopedics This Week) Tiger Woods made an historic and jaw-dropping

Tele-Rehab is as good as face-to-face rehab

THE #1 ADVANTAGE FOR THA OR TKA TELE-REHABILITATION (Orthopedics This Week) New work presented at the 2019 Annual Meeting of

Here it comes! Surgery Residents Begin Training in VR

Surgery Residents Begin Training in VR (press release) Precision OS Surgical Training Adopted by 10 Medical Institutions Across North America

The New Thinking in Orthopedics

I talk with orthopedic folks in different companies every day. It astonishes me how many people in our industry get

Orthopedics Professionals – 7 real benefits of working at a startup.

1. Experience You will gain experience 3X faster. You will be pushed outside your comfort zone and your projects will be

The Top 10 Orthopedic Companies by Revenue

The 10 largest orthopedic device companies in the world (MassDevice) 1. Stryker 2018 revenue: $13.6 billion The world’s largest orthopedic

Update on the PODS oversight in Orthopedics

Senators Renew Pressure on POD Arrangements (Lexology) Here is the salient quote… “because the anti-kickback statute ascribes criminal liability to

Make a Difference!

Orthopedic friends. If you REALLY want to make a difference inside a startup, If you want to be challenged, If

New grant money available for Orthopedics

MILLIONS OF NEW DOD RESEARCH DOLLARS FOR ORTHOPEDICS (Orthopedics This Week) A Defense Department (DOD) program called the Peer Reviewed

The Lapiplasty 3D bunion correction results in a faster recovery and earlier weight bearing

Treace Medical touts results of bunion surgery study (MassDevice) Treace Medical Concepts said a study of its bunion implant surgery showed

Podcasts

Some of the OrthoStreams tribe prefers to listen rather than read, so I have created a Podcast series called “Inside

Intellirod Spine Receives First-Ever Spine FDA De Novo Approval

Intellirod Spine Receives First-Ever Spine FDA De Novo Approval (press release) MCRA Assists Intellirod Spine™ with 1st ever Spine De

Why Ortho startups burn out

I live in the world of early-stage Orthopedic companies. I worked inside Orthopedic startups and today I provide recruiting for

The reason why Millennials leave Orthopedic companies

Why Millennials Keep Dumping You: An Open Letter to Management (LinkedIn article by Lisa McLeod) Many Orthopedic companies cannot retain

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3 studies question the TRITANIUM acetabular cup survival rate

The ROSA Robot system is cleared in the US for spine

Zimmer Biomet Receives FDA Clearance for Robotic ROSA One Spine System (press release) Zimmer Biomet becomes first company in the

Medicare confuses by dropping TKA from the “in-patient only” list of procedures

New Guidance Attempts to Resolve Confusion Regarding the Removal of TKA from IPO List (AAOS) On Jan. 8, in a

“We should all be acting like Amazon getting into Orthopedics”

“We should all be acting like Amazon’s getting into our business” -Johnson and Johnson CEO Alex Gorsky on CNBC, 2018

Timing is Everything: The Importance of Joining an Orthopedic Company at the Right Time.

I have been observing Orthopedic careers for a long time. I see patterns. I have seen many “outstanding” careers and

Lost a giant in Orthopedics, Dr. David Hungerford

ALL ORTHO MOURNS THE PASSING OF DR. DAVID S. HUNGERFORD (Orthopedics This Week) When you ask friends and former colleagues

Stryker acquires OrthoSpace for biodegradable balloon technology for $220M

Smith & Nephew acquires Brainlab’s orthopaedic joint reconstruction business

Smith & Nephew acquires Brainlab assets, teases next-gen robotic surgical platform (MassDevice) Smith & Nephew (NYSE:SNN) said yesterday that it acquired Brainlab‘s

Smith & Nephew acquires skin substitute for $660M (~5X sales)

Smith & Nephew buys skin substitute maker for $660M (MedTechDive) Dive Brief: Smith & Nephew announced Tuesday it has agreed to pay

Think Surgical raises $134M for robotic joint replacements prior to entering US market

Think Surgical raises $134m for TSolution One robotic joint replacement device (MassDevice) Think Surgical yesterday reported a funding round worth $134

A Technical Review of Additive Manufacturing in Orthopedics

Molecular Matrix brings ‘Next Generation’ Bone Regenerative Technology to orthopedics

Molecular Matrix Brings ‘Next Generation’ Bone Regenerative Technology to the Market (press release) SMolecular Matrix, Inc. (“MMI”), is a California

OMNI, a knee robotics startup, is acquired by Corin

OMNI website Corin website Corin enters the orthopaedic robotics market announcing agreement to acquire US surgical robotic leader OMNI (press

How much pent-up demand exists for Joint Arthroplasty?

HOW MUCH PENT-UP DEMAND EXISTS FOR JOINT ARTHROPLASTY? (Orthopedics This Week) Are patients waiting until Medicare kicks in to ask

Why don’t Orthopedic Sales Reps spend time selling?

In the mid-1990’s I followed a sales rep around all day with a video camera. I was amazed

Brilliant! OrthoGrid solves the C-arm distortion problem

OrthoGrid Systems’ PhantomMSK™ Platform Receives FDA 510(k) Clearance for Novel Distortion Adaptation Technology in Orthopedic Surgery (press release) OrthoGrid Systems,

MIS spine surgery provider abruptly shuts its doors

Laser Spine Institute to Close its Doors, Citing Lack of Financing for Continuing Operations (press release) PRNewswire/ — Tampa-based Laser

Orthopedic Surgeon loses $140M in malpractice award to 255 plaintiffs

$140 MILLION MALPRACTICE AWARD AGAINST ORTHO SURGEON (Orthopedics This Week) A New York arbitrator has awarded $140 million to resolve

Orthopedic device companies confuse customers on purpose.

Are we done yet? Total is now $1.7B for the Pinnacle hip lawsuit.

FINAL NAIL IN JNJ’S $1.7 BILLION PINNACLE HIP LAWSUIT? (Orthopedics This Week) DePuy, a Johnson & Johnson (JNJ)unit, has agreed to settle the

Lima installs the first 3D-printing facility inside a major US hospital campus

HSS OPENING 3D PRINTING LAB FOR COMPLEX, PERSONALIZED ORTHO IMPLANTS (Orthopedics This Week) New York City-based Hospital for Special Surgery (HSS) will now

Artificial Intelligence should start with Artificial Joints

Xray scan of patient who have hip replacement and knee arthroplasty (knee replacement) treatment for Osteoarthritis knee, hip arthritis, Osteonecrosis

Maximizing Profitability at Ambulatory Surgery Centers

Maximizing Profitability at Ambulatory Surgery Centers (Relatable.com) ASC Device-Intensive Procedures are Growing Device-intensive procedures in Ambulatory Surgery Centers (ASC) are growing