Tag Archives: devices

Know your Medtech!

By Jill | Medical Devices, , , , , ,

In 1650, a German Jesuit named Athanasius Kircher invented the ear trumpet, a funnel-shaped device to collect sound waves and direct them into the ears of nearly deaf patients. Medical technology has come a long way since then, and today medtech devices include robots for physical checkups and electronic “aspirins” that prevent migraines by blocking […]

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Therapeutic Technologies Are Changing The Way We Recover

By Jill | Medical Devices, , , , , , , ,

In 2011, an IBM supercomputer named Watson defeated two reigning champions on the TV quiz show Jeopardy, winning the first prize of $1 million. Watson has a 15-terabyte data bank of human knowledge—more than 15 times Wikipedia—and can process the equivalent of a million books per second.

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Implications of the 2.3% Device Tax Associated with Obamacare

By Jill | Medical Devices, , , , , , , , ,

When the Affordable Care Act, or Obamacare, was signed into law in 2010, it contained a 2.3% excise tax on gross sales of medical devices. The tax applies to a wide range of products, from bedpans to the most advanced heart devices, as well as companies, from emerging healthcare startups to brand-name medical device companies. […]

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