• 3M CEO Inge Thulin's Compensation Slightly Down

        Total Compensation: $19,441,062Total Salary: $1,448,153 Previous Fiscal Year Compensation: $20,115,589Percent Difference: –3% Thulin is another no-brainer for the list, since 3M is another huge conglomerate making much more than medical device products. Compensation was a bit down during 3M's most recent fiscal year ended December 31. Thulin's non-equity incentive plan compensation fell to $2.3 million from $3.5 million. Stock awards and the value of...
  • Abbott Labs CEO Miles White Enjoys 9% Rise in Compensation

        Total Compensation: $19,401,704Total Salary: $1,900,000  Previous Fiscal Year Compensation: $17,732,241Percent Difference: +9%White, who has been Abbott Labs' CEO since 1999, saw stock awards and option awards each go up by nearly a third, to more than $6 million apiece. Continue >>Image courtesy of Abbott Labs
  • Cardinal Health CEO George Barrett's Compensation Up 7%

        Total Compensation: $13,269,731Total Salary: $1,320,000Previous Fiscal Year Compensation: $12,448,618Percent Difference: +7%Barrett was among a number of highly paid medtech CEOs enjoying an increase in stock awards and option awards in the most recent fiscal year. Continue >>Image courtesy of Cardinal Health
  • BD CEO Vincent Forlenza Sees 7% Rise in Compensation

         Total Compensation: $11,710,032Total Salary: $1,045,000 Previous Fiscal Year Compensation: $10,983,518Percent Difference: +7%Barrett's salary crossed the $1 million mark in 2015. His compensation was up in almost all the other categories, from stock awards to non-equity incentive plan compensation. Continue >>Image courtesy of BD
  • Medtronic CEO Omar Ishrak at Top for Compensation

        Total Compensation: $39,460,266Total Salary: $1,503,123Previous Fiscal Year Compensation: $12,118,846Percent Difference: +226% Medtronic's most recent proxy is for the fiscal year ended April 24, 2015. Much of Ishrak's skyrocketing compensation was due to the company helping Ishrak pay for the special U.S. excise taxes he and other top Medtronic executives personally owed after the January 2015 closing of Medtronic’s $50 billion acquisition of Covidien. ...
  • 10 Medtech CEOs Who Made the Most

        The past year has been really good for many medical device company CEOs. Find out which ones. Chris NewmarkerMay 20, 2016It turns out that more than two-thirds of medtech CEOs saw their compensation go up over the past year, according to a Qmed analysis of SEC filings for 38 of the largest medical device companies publicly traded in the U.S.Average annual compensation for a CEO of a big medtech company was nearly $8.7 million.Want to know if your CEO was in the top 10?...
  • Why You Should Care About a Plant on Twitter

    If Twitter users could take care of a rose, perhaps they could also help take care of people, says Jeff McCloud of Ximedica, whose colleague Joe Gordon is speaking at MD&M East.Jeff McCloud, XimedicaTwitter users get to manage the care of a plant through the a "critical design" art installation. (Image courtesy of Save the Rose)Save the Rose has captured my attention. In this "critical design" art installation, the twitterverse determines the life or death of a rose. This rose isn...
  • Telemedicine Has Turned Into a Free-for-All

    Apple, Google, Philips, Withings, and many more companies are taking the space by storm. Meanwhile, some traditional telecommunications companies could be falling behind.Offerings Philips touted at ATA included a dongle that can connect to glucose meters and upload data to an eCareCompanion tablet that also uploads the information via the web to an eCareCoordinator that can be monitored by their health provider. (Image by senior editor Chris Newmarker)Nancy CrottiThe...
  • Now You Can Test Your Urine With Your Smartphone

    Stanford engineers create a simple and reliable urinalysis system that can be used at home using a standard dipstick that changes color, and a smartphone to analyze the results.Kristopher SturgisThis illustration shows a urine sample being loaded onto the test, with the smartphone above. (Image courtesy of Stanford)For decades the standard dipstick test has been used to test urine for the presence of different biomarkers like proteins, glucose, and pH balance to help doctors detect infection....
  • Why Medtech's Cybersecurity Problem Is Really Bad

    A new report gives healthcare systems a failing grade on medical device cybersecurity, warns of consequences to patients and industry. Varun SaxenaHospitals are “hyper-focused” on protecting patient data from hackers, but are inadequately protecting patient health from cyberattacks on medical devices, says a report from Baltimore-based security firm Independent Security Evaluators.The incidence of crippling ransomware attacks in Los Angeles and across the country demonstrates the need...
  • FDA Has Important New Views on 3-D Printed Devices

    The U.S. agency’s new “leapfrog” draft covers device design, manufacturing, and design testing for standard and “patient-matched” devices. Nancy CrottiFDA has released “leapfrog” draft guidance for the rapidly evolving world of 3-D printed medical devices.The agency based the guidance on input from device manufacturers, 3-D printing companies, and academics who testified at a 2014 hearing. The document covers device design, manufacturing, and design testing. For the purposes of the draft,...
  • Siemens Has Big Plans for This New MR Tech

    The German multinational is working with Case Western Reserve University to bring magnetic resonance “fingerprinting” to market—potentially taking the technology to a whole new level.Nancy CrottiMR fingerprinting seeks to identify individual tissues and diseases, similar to how a fingerprint identifies an individual person. (Image courtesy of Siemens) Researchers at Case Western Reserve University have introduced an advanced type of imaging called magnetic resonance fingerprinting (MRF) in...
  • This New Laser Tool Enables Coatings at the Nano Level

    The new method was designed to enable coating processes to be controlled in real time—providing short laser pulses that can coat electronic medical devices and pharmaceutical products with layers in the nanometer range.Kristopher SturgisThe polarization and intensity of the laser pulses can then be finely tuned depending on the thickness of the layer being applied. (Image courtesy of Vienna University of Technology)When it comes to designing electronic devices with layers at the nanometer scale...
  • Who Would You Trust With Your Wearable Tech Data?

    Trust could be a major hurdle to overcome, according to a new PricewaterhouseCooper study.Arundhati ParmarThere’s an explosive growth in the use of wearables—from 21% in 2014 to 49% today, according to results of a new study that shows the proportion of people that own one wearable.Interestingly enough, the study—PricewaterhouseCooper’s The Wearable Life—proves that health is the No. 1 factor driving consumer to buy a wearable. The firm surveyed 1000 respondents aged 18-64, equally...
  • Why Telemedicine Is Gathering Steam in the U.S.

    More health providers are recognizing that virtual care can increase patient volumes, assist in care coordination, and more, according to a new survey from KPMG. But there are still significant hurdles. Arundhati Parmar(Infographic courtesy of KPMG)A new survey shows that a quarter of U.S. providers believe that their virtual care programs can be sustained financially, but more importantly they are improving efficiency, patient volumes and loyalty.The survey was conducted by tax, audit and...
  • Why Laser Welding Matters for Neurovascular Catheters

    Interventional neurology surgery is a major frontier when it comes to medical device miniaturization, and laser welding has an important role to play. Kevin Hartke, ResoneticsEngineer holding a 75 micron diameter nitinol wire assembly (left), high magnification view of the laser weld (right). (Images courtesy of Resonetics)For over 20 years, laser welding has been acknowledged as an important joining method in the medical device industry, using the native materials only without the use of any...
  • The Challenges of Bringing Big Data to Medtech

    Medical devices are producing all this data. So what are we going to do with it? Stephanie Kute at the nonprofit Battelle research institute has some thoughts.Chris NewmarkerStephanie KuteA medical device engineering veteran of more than 12 years, Stephanie Kute presently sees huge potential when it comes to bringing big data tools to medtech. She’s seeking to turn her vision into reality through her present job: manager of advanced analytics and health research at the nonprofit Battelle...
  • How Collagen Could Be Used for Regenerating Tissue

    A new study from Stanford University shows how collagen, an essential protein for living tissue, transitions between properties—providing insights on how the protein could be used in regenerative medicine.Kristopher SturgisThis transmission electron microscope image shows collagen fibers in the lung tissue of a mammal. (Image public domain, courtesy of Louisa Howard at Dartmouth College) It’s no secret that collagen plays a vital role in the structure and stability of tissue and cells...
  • These Electrodes Melt in Your Brain, Not in Your Hand

        The fully bioresorbable electrodes are thin, flexible neural electrode arrays made of patterned silicon nanomembranes. (Illustration courtesy of University of Pennsylvania)The devices may have implications for epilepsy, Parkinson’s disease, depression, chronic pain, and peripheral nervous system conditions, and may improve postoperative monitoring.Nancy CrottiResearchers at the University of Pennsylvania have invented an implantable electrode that melts in...
  • Why Meaningful Mobile Health Is So Hard

    There are already many information-gathering medical device technologies out there that would be highly useful for big hospital systems. But there is a major hurdle presently standing in the way, says Chad Konchak, director of clinical analytics at the Chicago-area NorthShore University HealthSystem.Chris NewmarkerChad KonchakAs head of clinical analytics at NorthShore University HealthSystem, Chad Konchak has made great strides using smart use of data to streamline workflow at the four-...