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SmartTRAK Life Sciences News and Analysis Blog

6 min read

Wound Care Payer Coverage: An Interview with Marcia Nusgart

By Susan Paquette on 3/5/20 9:00 AM

Marcia Nusgart, Executive Director, Alliance of Wound Care Stakeholders, discusses the upcoming Wound Care Evidence Summit and improving payer coverage in an interview with SmartTRAK.

In the market for wound care products, the success of any product is highly dependent on whether or not manufacturers are able to obtain a positive coverage determination from public and commercial payers. In the last several years, obtaining product reimbursement has been more challenging as payers are restricting coverage for a growing number of wound care products due to a lack of clarity surrounding clinical evidence.

So, what are payers looking for? What and how much clinical evidence do payers need to cover wound care products and procedures? How can manufacturers prepare scientific evidence to meet payer needs, improve coverage and achieve more uniform policies for treating wounds in all healthcare settings? To answer these questions and more, the Alliance of Wound Care Stakeholders is convening payers, regulators, researchers, manufacturers and wound care providers at its upcoming Wound Care Evidence Summit to be held April 1-2, 2020 in Washington, DC.

To find out about the Summit, improving payer coverage and opportunities for industry, SmartTRAK’s Susan Paquette interviewed Marcia Nusgart, Executive Director of the Alliance of Wound Care Stakeholders.

Topics: Wound Care
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14 min read

Shifting Spine Procedures to an ASC: An Interview with Richard A. Kube II, MD

By Julianne Burns on 3/4/20 10:12 AM

Shifting spine procedures to an ASC setting and participating in a free market healthcare environment.

Richard A. Kube II, MD discusses the advantages and challenges of moving spine procedures to an Ambulatory Surgery Center (ASC) setting in an interview with SmartTRAK. Spine surgeon Dr. Kube founded the  Prairie Surgicare Spine Surgical Facility in Peoria, Illinois as well as the Illinois chapter of  Free Market Medical Association. He shares with us why many are choosing an ASC setting as well as the importance of transparency in healthcare. To find out more, click on the following video. A transcript of the interview is also provided below.
Topics: Orthopedics
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3 min read

SmartTRAK Seeking an Enterprise Sales Executive

By Sharon O'Reilly on 3/2/20 4:45 PM

Location: Northeast US near the Boston Area

Full-time Position

Position:

Are you a proven hunter with a successful track record in medical device or healthcare enterprise sales? Are you looking for flexibility beyond your four office walls? Would you thrive in an entrepreneurial environment? If so, we’d like to talk to you. We’re BioMedGPS the creators of SmartTRAK, the leading strategic advisory and healthcare analytics provider in the life sciences industry. Our team is expanding and seeking a Enterprise Sales Executive who can grow with us. The Enterprise Sales Executive will be responsible for selling SmartTRAK’s suite of business intelligence solutions to C- suite and other senior level executives in major medical device companies, as well as building long term strategic programs and relationships at all levels of the enterprise.

About SmartTRAK
SmartTRAK is the first real-time business intelligence portal used by major orthopedic, wound, regenerative medicine and neuro therapies companies. We are driven by data but fueled by insights. Curated by industry experts, our up-to-date data, analytics and competitive intelligence help medical device executives make more informed strategic business decisions.

Learn More and Apply

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4 min read

SmartTRAK Participates in 1st Biologics Alliance Think Tank

By Lindsey Wolejko on 3/2/20 1:53 PM

The Biologics Alliance opened their 1st Summit meeting February 5th in Carlsbad CA with a "Think Tank" session of companies developing new products for the treatment of cartilage-related problems and knee OA. The companies appeared before a panel of judges similar to those on Shark Tank, only these judges had a special expertise in orthopedics/OrthoBiologics. BioMedGPS' CEO Sharon O'Reilly and SmartTRAK Senior Analyst, Kim French were among the panel of judges comprised of industry representatives and analysts/press. Samumed was the first place winner for Lorecivivint (SM04690), Bioventus was 2nd place for PTP-001 and Organogenesis in 3rd w/ ReNu.

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7 min read

SmartTRAK Highlights Recent Studies in OrthoBio

By Lindsey Wolejko on 2/27/20 9:30 AM

Here are some highlights of recently announced trials in OrthoBio that were picked up by our analysts, posted on SmartTRAK, and included in our Daily Updates email.
 

A 76-pt study is underway evaluating if pts who receive a bioinductive graft (REGENETEN) have better function and fewer re-tear at 1-yr post-op vs those who received a debridement alone. Anticipated completion date is 9/23. clinicaltrials.gov

A 30-pt double blind, randomized, split mouth study was initiated evaluating the non-inferiority of Fibro-Gide in comparison to connective tissue graft for the tx of Miller Class I or II recession defects at 6 mos post tx. clinicaltrials.gov

Find out more about SmartTRAK Daily Updates and Request a Demo

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12 min read

IFATS 2019: An Interview With The GID Group

By Freddy Buntoum on 2/25/20 8:00 AM

The GID Group – Prepping to revolutionize Regenerative Medicine with an innovative modular tissue processing platform

In December, at IFATS 2019, William “Bill” Cimino, PhD, CEO of The GID Group (GID) sat down with SmartTRAK to discuss the Company’s novel modular tissue processing platform, which reduces an entire GMP cell-processing facility to a single disposable device, enabling physicians to extract and process adipose tissue in real time for use in a wide range of applications.

GID is a privately held, clinical stage cellular medicine company currently working on developing a tissue processing platform, the GID SVF-2 device, that enables cell-based treatments.

To find out more about the GID Group, its revolutionary technology and product candidate, click on the following video to listen to SmarTRAK’s interview with Bill Cimino, recorded live at the IFATS Annual Meeting held in Marseille, France December 3-7, 2019. A transcript of the interview is also provided below.

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8 min read

SmartTRAK Patent Watch - Advanced Wound Care

By Lindsey Wolejko on 2/21/20 10:05 AM

All SmartTRAK subscribers receive a Daily Updates email containing content curated by our analysts, all former marketing, R&D or competitive intelligence professionals with leading medical device companies. The updates contain the latest need-to-know news from earnings calls, conferences, studies, patent filings, new products and more. It's the perfect way to start your day!

Here are some highlights from recent Advanced Wound Care patent filings that were picked up by our analysts, posted on SmartTRAK, and included in the Daily Updates email.
 

S&N was granted US Patent “Apparatus for topical negative pressure therapy” describing a topical negative pressure (TNP) therapy apparatus under the control of negative pressure within a wound dressing. 10,561,769

Mölnlycke’s US Patent Application “CONNECTOR SYSTEM FOR A NEGATIVE PRESSURE WOUND THERAPY SYSTEM” was published describing a connector that allows for the provision of a correct level of negative pressure at the wound site w/ a flexible, safe and convenient system. 20200054804

3M

3M was granted US Patent “Conformable drape cover dressing” relating to a conformable wound dressing system that includes a wound dressing and a dressing support layer. 10,561,536

Find out more about SmartTRAK Daily Updates and Request a Demo

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4 min read

SmartTRAK's Anne Staylor at the International Stroke Conference 2020

By Lindsey Wolejko on 2/17/20 11:02 PM

Anne Staylor, SmartTRAK's Managing Editor and Director of Advanced Technologies, will be attending the International Stroke Conference 2020, to be held at the Los Angeles Convention Center, Feb 19-21.

The theme for the conference is A New Era for Stroke Science and Brain Health. According to their website "The International Stroke Conference is the world’s premier meeting dedicated to the science and treatment of cerebrovascular disease. This 2½-day conference features more than 1,700 compelling presentations in 21 categories that emphasize basic, clinical and translational sciences and provides the opportunity to network with thousands of colleagues in the stroke field from around the world with wide-ranging expertise and experience."

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5 min read

SmartTRAK Patent Watch - Computer Assisted Surgery

By Lindsey Wolejko on 2/14/20 9:30 AM

All SmartTRAK subscribers receive a Daily Updates email containing content curated by our analysts, all former marketing, R&D or competitive intelligence professionals with leading medical device companies. The updates contain the latest need-to-know news from earnings calls, conferences, studies, patent filings, new products and more. It's the perfect way to start your day!

Here are some highlights from the Computer Assisted Surgery patent filings from January 2020 that were picked up by our analysts, posted on SmartTRAK, and included in the Daily Updates email.
 

Smith & Nephew’s US Patent Application “TECHNOLOGIES FOR INTRA-OPERATIVE LIGAMENT BALANCING USING MACHINE LEARNING” was published describing a system providing real-time sensor data and applying machine learning to determine the next intra-op ligament balancing step. 20200000400

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1 min read

NANS StartUp Spotlight: Micro-Leads Medical

By Lindsey Wolejko on 2/7/20 9:38 AM

Micro-Leads Medical, based in Somerville, MA, showcased HD64, an emerging, high-resolution spinal cord stimulation therapy for treating chronic focal pains of the low-back, trunk, extremities and feet at NANS 2020. Anne Staylor, SmartTRAK's Managing Editor and Sr. Director of Advanced Technologies, attended the NANS 2020 Emerging Technologies Forum and saw this novel technology designed for the spinal cord stimulation market.

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