Category Archives: MarketMechanics

Current issue Market Mechanics section

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

September 2018

In Memoriam: Paul Scherer, DPM

Well-known lecturer, author, and educator, Paul R. Scherer, DPM, passed away October 1, 2018. Scherer contributed to the podiatric profession authoring numerous scientific articles and book chapters, as well as conducting and organizing a variety of scientific workshops at both national and state meetings. Continue reading

September 2018

Right Trousers Could Help Mobility Impaired Stay Upright

Researchers at the University of Bristol, England, are leading the development of smart pants that are equipped with artificial muscles, which could help the elderly and disabled move around easily and unaided. The project, funded by a £2 million grant from the Engineering and Physical Sciences Research Council, incorporates several technologies including smart electronics and graphene. Continue reading

September 2018

Sports Medicine Licensure Clarity Act Signed into Law

On October 5, President Trump signed into law the Sports Medicine Licensure Clarity Act (H.R 302/S. 808), which will reduce barriers to caring for student and professional athletes across state lines. According to a National Athletic Trainers’ Association (NATA) press release, while this law advances safety practices for all sports medicine professionals, it will greatly… Continue reading

September 2018

CMT Experts Launch Nonprofit to Fund Only Treatments and Cures

Two experts in Charcot-Marie-Tooth (CMT), who also have the condition, recently launched the CMT Research Foundation (CMTRF) as the only nonprofit organization focused solely on delivering treatments and cures for CMT. Patrick Livney, a former chairman of Charcot-Marie-Tooth Association (CMTA), and Susan Ruediger, a former CMTA development director, have over 20 years of collective experience working with CMT researchers to deliver treatments. Continue reading

September 2018

AAOS Provides Tips to Avoid Injuries in Teen and Young Athletes

With the start of a new school year and participation in after-school sports, the American Academy of Orthopaedic Surgeons (AAOS) has shared the following fall sport safety tips designed to reduce young athletes’ risk of injury: Continue reading

September 2018

P.W. Minor Shutters Operations

Orthopedic and diabetic shoe manufacturer P.W. Minor, LLC, Batavia, NY, shuttered its operations as of October 5 and laid off 81 employees. Assets were transferred to the company’s senior creditor, Batavia Shoes, LLC. The news follows a series of attempts in recent years to bolster the company and avoid such an event. P.W. Minor was established in 1867; it was the second oldest shoe manufacturer in the country. Continue reading

September 2018

UMiami Scientists to Develop Bioengineering Approach for Meniscus Tear Repairs

An interdisciplinary team of scientists from the University of Miami’s (UMiami’s) Miller School of Medicine and College of Engineering is poised to begin developing a novel, long-lasting treatment for meniscus tears. Meniscus tears, which are among the most common type of knee injuries, are currently treated via total or partial meniscectomy or suturing. In the long term, these treatments often result in meniscus degeneration, re-tear, and premature osteoarthritis of the knee. Continue reading

September 2018

L1844, L1846 Proposed for RAC Reviews

On August 7, 2018, the Centers for Medicare & Medicaid Services published two new proposed issues for review by Performant Recovery, the Recovery Audit Contractor (RAC) for durable medical equipment prosthetics, orthotics, and supplies (DMEPOS); home health; and hospice claims nationwide. Continue reading

August 2018

The Future Is Knocking: Novel Sensors Could Enable Smarter Textiles

A next-generation smart textile has been developed by a team of University of Delaware (UD) engineers using light, flexible, breathable carbon nanotube composite coatings on a range of natural and synthetic fibers, such as Kevlar, wool, nylon, Spandex, and polyester. Fabric coated with this sensing technology could be… Continue reading

August 2018

IL Passes Law to Facilitate Access to PT Services

On August 16, Illinois Governor Bruce Rauner (R) signed House Bill 4643, which allows consumers to pursue and begin physical therapy (PT) services without a doctor’s referral while still ensuring professional medical oversight safeguards. The law, effective immediately, permits physical therapists to… Continue reading

August 2018

PT Assessment, Referrals by ER Staff after a Fall May Reduce Revisits

In 2014, about 2.8 million older adults visited the emergency room (ER) for a fall-related injury. Some estimates show that 25% of older adults visiting the ER for a fall returned for at least one additional fall-related visit, and 15% of those older adults died within the following year. Continue reading

August 2018

CMT Patients Experience Improved Gait, Balance with AFO Usage

Use of orthoses can help improve the gait and balance of patients with Charcot-Marie-Tooth (CMT) disease, but patients don’t always follow recommendations for their use, a review study has found. The study, “The Role of Orthotic Service in Modern Rehabilitation of Patients with Charcot-Marie-Tooth Disease,” was… Continue reading

August 2018

CDC: 1 in 4 U.S. Adults Have a Disability

One in 4 U.S. adults — 61 million people — have a disability that impacts major life activities, according to the “Morbidity and Mortality Weekly Report” released by the Center for Disease Control (CDC) on August 16. Mobility is the most common disability type, affecting 1 in 7 adults under age 65 and about 2 in 5 adults age 65 and older. Continue reading

August 2018

LSUHealthNO Studies Innovative Approach to Improve Walking In Children with CP

Noelle Moreau, PhD, PT, an associate professor of physical therapy at Louisiana State University Health New Orleans (LSUHealthNO) School of Allied Health Professions, has received a $2.5 million grant to study the effectiveness of an innovative approach to improve the ability of children with cerebral palsy (CP) to walk. Continue reading

August 2018

Clinic Openings

Ageility Physical Therapy Solutions opened four new clinics throughout the state of Washington during August. The clinics are located in Shelton, Bremerton, Burlington, and Mount Vernon and mark Ageility’s first operations in the Pacific Northwest. Continue reading

July 2018

LER’s Bottoni Wins AOSSM Research Award

Orthopedic surgeon and LER Editorial Advisory Board Member Craig R. Bottoni, MD, and colleagues John D. Johnson, DO, CPT, Liang Zhou, MD, Sarah G. Raybin, BA, MAJ, James J. Shaha, MD, COL (ret), Kenneth K. Lindell, MD, MAJ, and David D. Thoma, DO, were…

Craig R. Bottoni, MD Continue reading

July 2018

USC Podiatric Surgeon, Neurosurgeon Collaborate on Smart Insole

David Armstrong, DPM, MD, PhD, a professor of surgery at the University of Southern California (USC), Los Angeles, Keck School of Medicine, and Charles Liu, MD, PhD, a professor of clinical neurological surgery and director of USC’s Neurorestoration Center, have collaborated on the development of a smart insole. The technology has implications for the reduction of amputations resulting from diabetic foot ulcers. Continue reading

July 2018

Visual Illusion of Altered Knee Size Reduces Pain in OA Sufferers

In a study published July 17 in the journal Peer J, researchers at the University of South Australia (UniSA) Body in Mind Research Group have found that people suffering from knee osteoarthritis (OA) reported up to a 40% reduction in pain when presented with an… Continue reading

July 2018

Barefoot Exercising May Improve Balancing, Jumping Skills in Children

“Walking barefoot is widely thought to be more natural, and the use of footwear has long been discussed as an influencing factor on foot health and movement pattern development,” said Astrid Zech, PhD, from the Institute of Sport Science, Friedrich Schille University of Jena, Germany. Toward this end, she and two research teams assessed… Continue reading

July 2018

Heel Defender Orthotic Insoles Selected for Clinical  Trial

Defender Operations, South Miami, Florida announced its Heel Defender Orthotic Insoles have been selected for use in a clinical trial of a new treatment for Achilles tendonitis. The treatment entails the injection of a bioactive tissue matrix allograft to promote healing of chronic Achilles tendonitis. A Level 1 randomized, multicenter, blinded, controlled, clinical trial is currently… Continue reading