Category Archives: MarketMechanics

Current issue Market Mechanics section

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

November 2018

New Shoe Insole Could Provide Healing On-the-Go

Purdue University researchers have developed a shoe insole that could help make the healing process more portable for people who have diabetes-related foot ulcers. The researchers used lasers to shape silicone-based rubber into insoles and then create reservoirs that gradually release oxygen throughout the day. Continue reading

November 2018

Curbell Plastics Named Exclusive Supplier of ProComp Sheet

Curbell Plastics, Orchard Park, NY, has been named the exclusive supplier of ProComp sheet across the U.S. ProComp is an innovative polypropylene material reinforced with carbon fibers for a 25% increase in stiffness. The individual fibers provide the ability of the composite to flow and stretch during melt temperature vacuum forming. Curbell Plastics was selected due to its orthotic and prosthetic expertise within the Curbell O&P specialty group. Continue reading

November 2018

CMS Releases 2019 HCPCS Code Changes

The Centers for Medicare and Medicaid Services (CMS) has released the new Healthcare Common Procedure Coding System (HCPCS) codes, effective for claims with a date of service on or after January 1, 2019. The following code changes are relevant to lower extremity care providers… Continue reading

November 2018

ABC Updates Therapeutic Shoe Fitter Exam

The American Board for Certification in Orthotics, Prosthetics and Pedorthics (ABC) has established a minimum score to pass the therapeutic shoe fitter certification exam. Certified therapeutic shoe fitters participated in an ABC standard setting meeting to set this new criteria. A new form of the CFts exam was also approved earlier this year; it will be administered for the first time in February 2019. Continue reading

November 2018

DJO Global to Be Acquired by Colfax for $13.5B

Colfax, Annapolis Junction, MD, has entered into a definitive agreement to acquire DJO Global, Vista, CA, for $3.15 billion. The transaction, which will be funded with cash, debt, and equity, is expected to close in the first quarter of 2019. Upon closing of the sale, DJO Global will operate as a new segment within Colfax and be led by current DJO Global President and CEO Brady Shirley, who will report directly to… Continue reading

November 2018

Cleveland Clinic Researcher Receives Grant for ACL Surgery Research

Kurt P. Spindler, MD, of Cleveland Clinic and founder of the Multicenter Orthopaedic Outcomes Network (MOON) Group, has received a 5-year, $6 million grant to study techniques used for anterior cruciate ligament (ACL) reconstruction. The grant, awarded by the National Institutes of Health’s National Institute of Arthritis and Musculoskeletal and Skin Diseases, supports a multi-center, randomized clinical trial… Continue reading

November 2018

Grant Awarded to Develop AI App to Monitor Patient Movements

A group led by Cambridge Bio-Augmentation Systems (CBAS) was awarded a £865,000 grant by Innovate UK to develop an advanced artificial intelligence (AI) platform that analyzes patients’ daily physical movements. The solution will apply to a wide range of conditions and help clinicians make data-informed decisions about patient progress and well being, with the aim of improving care and providing greater insight for patients and their families Continue reading

November 2018

HHS Seeks Public Comment on Draft Strategy to Reduce Health IT Burden

The U.S. Department of Health and Human Services (HHS) has issued a draft strategy to help reduce administrative and regulatory burden on clinicians caused by the use of health information technology such as electronic health records (EHRs). Continue reading

September 2018

The Future Is Knocking: Hanger, AT&T Create Network-Connected Monitoring Device for Transtibial Prostheses

Hanger, Inc. (Austin, TX) and AT&T, through its AT&T Foundry innovation center, have developed a proof of concept for what the companies are calling the industry’s first standalone, network-connected monitoring device for prosthetic limbs. The device mounts onto a transtibial prosthesis and is fit with an LTE-M modem that syncs to the cloud without relying on Wi-Fi, Bluetooth, or a separate mobile device. Continue reading