5 Disruptive Factors Influencing the Orthopedic Device Market

Orthopedic Device Market Factors Influencing Medical Business Opportunities

By: Christine Dura

According to industry professionals, there are factors that have the possibility to influence medical business opportunities – more specifically, the orthopedic device market. As the healthcare industry continues to grow, companies need to focus on specialization and proprietary offerings to stay lucrative and successful. Industry professionals have identified five disruptive factors that are currently influencing the orthopedic device market:

1. Heightened regulatory scrutiny – As the industry changes and grows,

 » Read more about: 5 Disruptive Factors Influencing the Orthopedic Device Market  »

Medical Franchise Industry Trends to Watch in 2017

Medical Franchise Industry Trends to Watch in 2017

By: Christine Dura

The medical franchise industry has exploded over the past decade. From dental practices to urgent care centers and beyond, smart entrepreneurs and licensed practitioners are taking advantage of the increased demand for convenient healthcare. When it comes to franchises, the roadmap is simple: provide a needed service across a variety of locations with the same quality and relative cost. Medical franchising is no different.

 » Read more about: Medical Franchise Industry Trends to Watch in 2017  »

Orthopedic Industry Revenue Reaches $48.1 Billion

The Orthopedic Industry & Medical Franchise Revenue

By: Christine Dura

With the ever-expanding medical franchise industry, business opportunities and growth in healthcare seems non-stop. One supporting factor in this assumption is that revenue in the orthopedic industry has reached an impressive $48.1 billion just last year. This overall 3.2 percent increase came as a result of every avenue product performance garnering growth over the previous year. From joint reconstruction to orthobiologics,

 » Read more about: Orthopedic Industry Revenue Reaches $48.1 Billion  »

When 9 to 5 Doesn’t Work

When 9-5 Just Isn’t Working for You Anymore Consider Healthcare Franchising

By: Christine Dura

At one point or another during their careers, all people tend to become introspective and evaluate where they are on life’s path. For many, the conclusion that their current job or career is unfulfilling, unbalanced, or is not a trajectory to lead them to personal and professional prosperity they desire becomes a stark reality. When this happens, it is often a signal that indicates a need for a career change.

 » Read more about: When 9 to 5 Doesn’t Work  »

Disrupting the Healthcare Delivery System to Achieve the Quadruple Aim

Disrupting the Healthcare Delivery System to Achieve the Quadruple Aim

By: Christine Dura

During a time when the U.S. healthcare industry is emerging from a period of reform to transformation an unlikely entrepreneurial duo, orthopedic surgeon Dr. Alejandro Badia and financial industry expert and Wharton alumni Justin Irizarry, saw an opportunity to disrupt the multi-billion-dollar orthopedic healthcare delivery system and to simultaneously achieve the industries “Quadruple Aim”: better outcomes, lower costs, improved patient experience and improved clinician experience.

 » Read more about: Disrupting the Healthcare Delivery System to Achieve the Quadruple Aim  »

Why Healthcare Franchises Embrace Apps to Grow Market Share

Why Healthcare Franchises Embrace Apps to Grow Market Share

By: Christine Dura

Healthcare franchisors like OrthoNOW, the nation’s only orthopedic urgent care franchise, inherently understand the Steve Jobs adage that “You’ve got to start with the customer experience and work back toward the technology, not the other way around”.  Co-Founder and Chief Financial Officer, Justin Irizarry says “injuries do not happen by appointment so it is important that the provision of outstanding healthcare franchising experience begin before the patient even crosses the threshold.  

 » Read more about: Why Healthcare Franchises Embrace Apps to Grow Market Share  »

Why You Should Invest in a Healthcare Franchise

Why You Should Invest in a Healthcare Franchise

By: Christine Dura

Everyday orthopedic surgeons, physician’s assistants, and other support medical personnel will treat patients who had suffered an orthopedic injury and first sought treatment in an emergency room. Once there, the patient would experience long wait times only to be treated, released, and then referred to a specialist. This methodology increases not only the patient’s healthcare costs and recovery time but also produces less than optimum outcomes.

 » Read more about: Why You Should Invest in a Healthcare Franchise  »

How Healthcare Franchising Impacts Access to Affordable Care

How Healthcare Franchising Impacts Access to Affordable Care

By: Christine Dura

Access to affordable, quality healthcare is a major concern for everyone. Factors including; place of residence, income level, preexisting conditions, insurance coverage, age, corporate footprints, and provider reactions to supply and demand significantly influence an individual’s ability to gain entry to the world of medicine. Despite any future efforts to reform or repeal, the Affordable Health Care bill has had a historic impact on both healthcare consumption and delivery methods.

 » Read more about: How Healthcare Franchising Impacts Access to Affordable Care  »

Dying to Be Cured

When Healthcare Mistakes become Deadly

By: Christine Dura

A recent study by researchers at Johns Hopkins Medicine says medical errors should rank as the third leading cause of death in the United States. The Hopkins study, based on an analysis of prior studies, estimates that more than 250,000 Americans die each year from medical errors, which can include death from surgical complications, prescription medication mistakes and infections.

The Hopkins researchers argue that the CDC should include medical errors as the cause of death in their published mortality statistics,

 » Read more about: Dying to Be Cured  »

Medical Franchising and the Retailization of Healthcare

Medical Franchising and the Retailization of Healthcare

By: Christine Dura

The one truism of the Affordable Care Act is that this legislation created the empowered patient. The empowered patient evolved from technology, transparency and a lack of primary care providers needed to service the patient population. What the empowered patient demands from the medical marketplace is better outcomes, at a lower cost, delivered in a shorter cycle. What does the empowered patient expect from healthcare?

 » Read more about: Medical Franchising and the Retailization of Healthcare  »