May 17, 2020

NuVasive has plans for expansion and creation of nearly 200 new jobs

NuVasive
medical devices
medical device manufacturing
Manufacturing
Admin
2 min
NuVasive has plans for expansion and creation of nearly 200 new jobs
Nearly 200 new jobs in the medical device manufacturing field could be on the way. According to a new report, NuVasive Manufacturing LLC is making plans...

Nearly 200 new jobs in the medical device manufacturing field could be on the way. According to a new report, NuVasive Manufacturing LLC is making plans for an expansion project that promises to create 195 full-time jobs and generate $9.3 million in annual payroll.

RELATED CONTENT: Medical Device Outsourcing Market Booms

NuVasive Manufacturing LLC is a manufacturing arm of NuVasive Inc, a San Diego-based medical device company specializing in solving back, neck, and leg problems through the creation of “minimally disruptive surgical products and procedures for the spine.” Ohio’s Dayton Daily News reports that NuVasive Manufacturing LLC has just received approval for state assistance if it moves forward with an expansion project in Ohio.

RELATED CONTENT: Why you should invest in the medical device and mHealth market

With that said, the project’s location is by no means set in stone. The report also notes that NuVasive is considering consolidating its manufacturing efforts, moving operations to one centralized location:

San Diego-based NuVasive Inc. is considering consolidating its manufacturing operations. Ohio is competing with Texas and Tennessee for the proposed project. If Ohio were to lose the proposed project, existing jobs in the state could be in jeopardy, state officials said.

RELATED CONTENT: Medical device manufacturers to be hit hard with industry changes

Ohio is one logical choice for the company. NuVasive first moved into Ohio in 2013 with the acquisition of spine implant manufacturer ANC LLC—in changing ANC’s name to NuVasive Manufacturing LLC, the company established roots and full-scale in-house implant manufacturing capabilities in the Dayton area. Dayton Daily News reports that if NuVasive chooses to expand in Ohio, it would be a boon to employment and the economy—to help facilitate the company’s decision, the state’s Tax Credit Authority has offered a 65 percent, seven-year job creation tax credit for the project.

But as the report mentions, NuVasive does have several options. Only time will tell where the manufacturing expansion ends up and where NuVasive will go from here.

[SOURCE: Dayton Daily News]

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Jul 25, 2021

Getting ready for cloud data-driven healthcare

Data
healthcare
CloudComputing
Technology
 Joe Gaska
4 min
Getting ready for cloud data-driven healthcare
 Joe Gaska, CEO of GRAX, tells us how healthcare providers can become cloud-based and data-driven organisations

As healthcare continues to recognise the value of data and digital transformation, many organisations are relying on the cloud to make their future-forward and data-centric thinking a reality. In fact, the global healthcare cloud computing market was valued at approximately $18 billion and is expected to generate around $61 billion USD by 2025. 

At the forefront of these changes is the rapid adoption of cloud-based, or software-as-a-service (SaaS), applications. These apps can be used to handle patient interactions, track prescriptions, care, billing and more, and the insights derived from this important data can vastly improve operations, procurement and courses of treatment. However, before healthcare organisations can begin to dream about a true data-driven future, they have to deal with a data-driven dilemma: compliance. 

Meeting regulation requirements

It’s no secret that healthcare is a highly regulated industry when it comes to data and privacy – and rightfully so. Patient records contain extremely sensitive data that, if changed or erased, could cost someone their life. This is why healthcare systems rely on legacy technologies, like Cerner and Epic EHRs, to manage patient information – the industry knows the vendors put an emphasis on making them as secure as possible.

Yet when SaaS applications are introduced and data starts being moved into them, compliance gets complicated. For example, every time a new application is introduced into an organisation, that organisation must have the vendor complete a BAA (Business Associate Agreement). This agreement essentially puts the responsibility for the safety of patients’ information — maintaining appropriate safeguards and complying with regulations — on the vendor.

However, even with these agreements in place, healthcare systems still are at risk of failing to meet compliance requirements. To comply with HIPAA, U.S. Food and Drug Administration 21 CFR Part 11 and other regulations that stipulate the need to exercise best practices to keep electronic patient data safe, healthcare organisations must maintain comprehensive audit trails – something that gets increasingly difficult when data sits in an application that resides in the vendor’s infrastructure.

Additionally, data often does not stay in the applications – instead healthcare users download, save and copy it into other business intelligence tools, creating data sprawl across the organisation and exposing patient privacy to greater risk. 

With so many of these tools that are meant to spur growth and more effective care creating compliance challenges, it begs the question: how can healthcare organisations take advantage of the data they have without risking non-compliance?

Data ownership

Yes, healthcare organisations can adhere to regulations while also getting valuable insights from the wealth of data they have available. However, to help do this, organisations must own their data. This means data must be backed up and stored in an environment that they have control over, rather than in the SaaS vendors’ applications.

Backing up historical SaaS application data directly from an app into an organisation’s own secure cloud infrastructure, such as AWS or Microsoft Azure, makes it easier, and less costly, to maintain a digital chain of custody – or a trail of the different touchpoints of data. This not only increases the visibility and auditability of that data, but organisations can then set appropriate controls around who can access the data.

Likewise, having data from these apps located in one central, easily accessible location can decrease the number of copies floating around an organisation, reducing the surface area of exposure while also making it easier for organisations to securely pull data into business intelligence tools. 

When healthcare providers have unfettered access to all their historical data, the possibilities for growth and insights are endless. For example, having ownership and ready access to authorised data can help organisations further implement and support outcome-based care. Insights enabled by this data will help inform diagnoses, prescriptions, treatment plans and more, which benefits not only the patient, but the healthcare ecosystem as a whole. 

To keep optimising and improving care, healthcare systems must take advantage of new tools like SaaS applications. By backing up and owning their historical SaaS application data, they can do so while minimising the risk to patient privacy or compliance requirements. Having this ownership and access can propel healthcare organisations to be more data-driven – creating better outcomes for everyone. 

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