Category Archives: MarketMechanics

Current issue Market Mechanics section

March 2019

SPS Promotes Weger to VP and General Manager

Hanger, Inc., Austin, Texas, announced that Regina Weger has been promoted to VP and general manager of its subsidiary SPS, Alpharetta, Georgia. Weger has been with SPS for over 20 years, having started her career within the customer service function and taking on additional roles and responsibilities throughout the years. Continue reading

March 2019

APTA, ACSM Formalize New Partnership

The American Physical Therapy Association (APTA) has partnered with the American College of Sports Medicine (ACSM), under the APTA Partnerships program, which seeks to enhance relationships and develop mutually beneficial partnerships with other organizations that share common goals. Continue reading

March 2019

Renowned Orthopedic Surgeon to Lead Foot and Ankle Division at NYU Langone Health

John G. Kennedy, MD, renowned for his work in the surgical treatment of foot and ankle injuries, has been appointed the new chief of the Foot and Ankle Division in the Department of Orthopedic Surgery, and Director of the Foot and Ankle Center at NYU Langone Health. He joined NYU Langone in January, where he holds the… Continue reading

March 2019

$11 million NIH Grant Creates New Center for Musculoskeletal Research

Clemson University, South Carolina, received an $11 million grant from the National Institutes of Health’s Center for Biomedical Research Excellence to launch a new research center that will bring together scientists from across the state to change the way musculoskeletal disorders are diagnosed, treated, and studied. Continue reading

March 2019

CMS Includes 7 OTS Knee Orthoses in 2021 Competitive Bidding Program

The Centers for Medicare & Medicaid Services (CMS) announced that the Durable Medical Equipment, Prosthetics, Orthotics, and Supplies (DMEPOS) Competitive Bidding Program for dates of service beginning January 1, 2021, will include 7 off-the-shelf (OTS) knee orthoses. Continue reading

March 2019

SIGVARIS Is now SIGVARIS GROUP

SIGVARIS, Peachtree, Georgia, has changed its corporate name and logo from SIGVARIS to SIGVARIS GROUP. SIGVARIS, a 155-year-old Swiss company, manufactures medical compression socks and hosiery with a wide assortment of inelastic wraps and lymphedema garments. Continue reading

March 2019

Wound Healing Clinical & Translational Research Team Receives Grant to Join Diabetic Foot Consortium

The clinical and translational research team at the University of Miami (UM) Miller School of Medicine’s Department of Dermatology and Cutaneous Surgery received a 4-year, $1.7 million grant to become 1 of 6 Clinical Research Units (CRU) in the US to help improve outcomes for patients with diabetic foot ulcers. Continue reading

March 2019

CMS Launches “What’s Covered” App to Guide Beneficiaries

The Centers for Medicare & Medicaid Services (CMS) launched a new app that gives consumers direct access on a mobile device to some of the most-used content on Medicare.gov. The new “What’s Covered” app lets people with Original Medicare, caregivers, and others quickly see whether Medicare covers a specific medical item or service. Continue reading

March 2019

UniSA Creates Recipe for Realistic Foot Ulcers

Podiatrists at the University of South Australia (UniSA), Adelaide, have blended icing sugar, chicken stock, and flexible resin to create realistic-looking foot ulcers as part of a world-first podiatric training initiative. Helen Banwell, DPM, and Ryan Causby, DPM, concocted the mixture, which is being added to 3D-printed feet and is designed to mimic infected and non-infected diabetic foot wounds. Continue reading

February 2019

Bauerfeind, NBA Enter Global Licensing Partnership

Bauerfeind, a provider of sports and medical knee supports, and the National Basketball Association (NBA) have entered into a new, multiyear, global licensing partnership, making Bauerfeind’s GenuTrain NBA an officially-licensed knee support of the league. The knee support became available at sports retail locations and through the company’s website in December. Continue reading

February 2019

Algeos Named Exclusive Distributor for Voxelcare in the UK, Ireland

Algeos, Liverpool, England, a distributor in the orthopedic, orthotic, and prosthetic markets, has been named the exclusive distributor for software and engineering company Voxelcare, Elche, Spain. Voxelcare has 18 years of experience developing industrial applications ranging from special purpose CAD/CAM systems for shoe lasts and custom orthotics, contact and non-contact 3D- and 2D- scanning devices, industrial vision, and CNC systems. Continue reading

February 2019

PDAC Contract Transitioned to Palmetto GBA

The Pricing, Data Analysis, and Coding (PDAC) contract transitioned from Noridian Healthcare Solutions to Palmetto GBA, effective January 15. All transition-related communications are being provided by Palmetto GBA via its website, palmettogba.com/PDAC. The website URL, dmepdac.com, will remain unchanged. While the website design has changed, the same types of information available have remained on this website. Continue reading

February 2019

FDA Approves Knee Implant IDE, Clears Bio-Integrative Bone Fixation Implant

The US Food & Drug Administration (FDA) has approved an Investigational Device Exemption (IDE) application for Swedish-based Episurf Medical’s Episealer personalized knee implant and has granted 510(k) (premarket submission) clearance to Israeli-based OSSIO Ltd.’s bio-integrative material indicated “for maintenance of alignment and fixation of… Continue reading

February 2019

Cybersecurity Takes Top Spot on ECRI’s Annual Health Technology Hazards List

ECRI Institute (formerly the Emergency Care Research Institute) has published the “2019 Top 10 Health Technology Hazards” report as a free service to inform healthcare facilities about generic hazards that may arise from the use of medical devices and systems — all of which can be minimized or avoided. Continue reading

February 2019

Alliance PT Sells LTC Division

Alliance Physical Therapy Management (Alliance PT) , which is backed by GPB Capital, sold its long-term care (LTC) division to HealthPRO® Heritage, a portfolio company of the private equity firm Beecken Petty O’Keefe. The terms of the sale were not disclosed. Continue reading

February 2019

Reinforcement Learning Expedites Tuning of Robotic Prostheses

When an individual is fitted with a robotic prosthetic knee, a practitioner works with that person to modify parameters to specifically accommodate their gait, a process that can take hours. Now, a multidisciplinary team of researchers from Arizona State University (ASU), Tempe; North Carolina State University (NC State), Raleigh; and the University of North Carolina at… Continue reading

February 2019

2019 DMEPOS Fee Schedule Available

The Centers for Medicare & Medicaid Services has made available the 2019 fee schedule for durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS). The fee schedule is effective for dates of service beginning January 1. A 2.3% increase has been applied to DMEPOS items that are not part of the Competitive Bidding Program. Continue reading

January 2019

UA Researchers Study How to Regrow Long Bone Segments Using 3D Printing

John A. Szivek, PhD, a scientist at the University of Arizona (UA) College of Medicine – Tucson, has received a $2 million grant from the U.S. Department of Defense to launch a study to determine how to heal bone fractures using a combination of 3D printing and adult stem cells. Continue reading

January 2019

CMS Improperly Paid DMEPOS Suppliers

A U.S. Department of Health and Human Services, Office of Inspector General (OIG) review found that the Centers for Medicare & Medicaid Services (CMS) improperly paid $34 million to suppliers for durable medical equipment, prosthetics, orthotics, and supplies (DMEPOS) that were provided to beneficiaries during inpatient stays. Continue reading

January 2019

American Joint Replacement Registry Releases 2018 Annual Report

The American Joint Replacement Registry (AJRR), the cornerstone of the American Academy of Orthopaedic Surgeons’ (AAOS) Registry Program, released its 2018 Annual Report on hip and knee arthroplasty patient outcomes. The report includes findings from 1,186,955 cumulative procedures performed between 2012 and 2017, and it provides updates on key initiatives delivered to registry stakeholders… Continue reading

January 2019

AOFAS Campaign Helps Consumers Make Informed Choices for Foot and Ankle Health

The American Orthopaedic Foot & Ankle Society (AOFAS) has launched a campaign, Look for the “O,” to encourage consumers to take charge of their foot and ankle health and choose a foot and ankle orthopaedic surgeon when medical care is needed. AOFAS has an interactive channel on its website that offers informational videos and resources to help consumers make informed choices. Continue reading

January 2019

ACSM Survey: Wearable Tech is New Top Fitness Trend for 2019

Wearable technology is forecast as this year’s most popular trend in fitness, according to more than 2,000 health and fitness pros surveyed by the American College of Sports Medicine (ACSM). Continue reading

January 2019

Weil Inducted into National Fitness Hall of Fame

Robert Weil, DPM, is a National Fitness Hall of Fame (NFHOF) class of 2019 inductee; he joins four other inductees. Weil specializes in orthotics and sports medicine. He has written a column for the Naperville Sun and Aurora Beacon since 2007 as “The Sports Doctor,” and hosts a weekly radio show by… Continue reading

January 2019

NUPOC Appoints New Director

Chad Duncan, PhD, CRC, CPO, has been appointed director of the Northwestern University Prosthetics-Orthotics Center (NUPOC), Department of Physical Medicine and Rehabilitation, Northwestern University Feinberg School of Medicine. Duncan, an associate professor and clinical educator at NUPOC, assumed this position January 1, succeeding John W. Michael, MEd, CPO, the director since 2009. Michael will continue as an educator and will support and facilitate the transition. Continue reading

January 2019

eWellness’ CEO Sells PT Clinics to Focus on Telehealth Platform

eWellness Healthcare Corporation, Culver City, CA,  which developed the PHZIO physical therapy (PT) telehealth platform, recently announced that CEO Darwin Fogt has sold all Evolution Physical Therapy clinics to solely focus on the expansion and success of eWellness. Evolution PT has six locations in California and two in Connecticut. The PHZIO platform allows physical therapists to monitor up to six patients concurrently. Continue reading