Tariffs and global trade tensions have reshaped the landscape of medical sales, but while they present challenges, they also create real opportunities for innovation and strategic advantage. Since 2018, U.S. medical device companies have absorbed over $1.2 billion in additional costs due to tariffs on imports from China, according to AdvaMed. Nearly 80% of medical…
Read MoreBeing On Time. It seems basic, but it says a lot. When you show up early, you’re showing respect—for their time and for the opportunity. It tells the interviewer, “I’m reliable.” Work Ethic. You can’t always control your experience, but you can control how hard you’re willing to work. Share examples of times you went…
Read MoreThe FDA’s Breakthrough Devices Program continues to spotlight innovations that promise to transform patient care. Here are some standout devices recently granted breakthrough status that on enhancing patient outcomes through precision, personalization, and minimally invasive approaches. Defender™ Meniscus Implant – OrthoPreserve OrthoPreserve’s Defender™ implant has received both FDA Breakthrough Device Designation and enrollment in the…
Read MoreAmazon and Walmart have increasingly turned their attention to healthcare, both aiming to transform the industry and expand their services. While they have different approaches, both companies have the resources, technology, and market influence to make an impact in healthcare. Here’s how they compare in their healthcare competition: Amazon’s Healthcare Strategy Acquisitions & Initiatives: PillPack…
Read MoreHow is AI really improving the efficiency and quality of healthcare while also significantly reducing costs and enhancing patient care and outcomes? AI in Medical Imaging AI can achieve 94.6% accuracy in detecting breast cancer from mammograms, compared to 88% accuracy by radiologists, according to a study published in Nature Medicine. AI in Predictive Analytics…
Read MoreThe global medical devices market is experiencing significant growth, driven by the rapidly aging population worldwide. According to United Nations projections, the number of people aged 65 years or older is expected to reach 1.5 billion by 2050, representing 16% of the global population. This demographic shift is particularly pronounced in regions like Europe and…
Read MoreAs we approach 2025, the healthcare industry continues to evolve at a rapid pace. Having worked with hundreds of suppliers and numerous transformations in the healthcare tech landscape over the past 25 years, I can confidently say that the future looks more innovative, patient-centered, and challenging than ever. The year ahead will not just bring…
Read MoreAs a senior Recruiting Executive, I understand the pivotal role that effective hiring plays in the success of any business, especially Medical Device companies. Hiring someone who isn’t a good fit is a costly mistake. According to a study in Q3 2024 by the Society for Human Resource Management (SHRM), the cost of a bad…
Read More94 of the largest cities in the United States were analyzed to find the best and worst places for job seekers in Q2-2024. From 2020 to 2024, we looked at each community’s growth in employment, growth in hourly wages, current unemployment rate, current labor force size and average monthly wage over monthly rent ratio to…
Read MoreOn April 23rd , the Federal Trade Commission issued a final rule to promote competition by banning noncompetes nationwide, protecting the fundamental freedom of workers to change jobs, increasing innovation, and fostering new business formation. “Noncompete clauses keep wages low, suppress new ideas, and rob the American economy of dynamism, including from the more than 8,500 new startups…
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