Events Calendar

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Proper Management of Medicare/Medicaid Overpayments to Limit Risk of False Claims
2015-01-28    
1:00 pm - 3:00 pm
January 28, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9AM AKST | 8AM HAST Topics Covered: Identify [...]
EhealthInitiative Annual Conference 2015
2015-02-03 - 2015-02-05    
All Day
About the Annual Conference Interoperability: Building Consensus Through the 2020 Roadmap eHealth Initiative’s 2015 Annual Conference & Member Meetings, February 3-5 in Washington, DC will [...]
Real or Imaginary -- Manipulation of digital medical records
2015-02-04    
1:00 pm - 3:00 pm
February 04, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Orlando Regional Conference
2015-02-06    
All Day
February 06, 2015 Lake Buena Vista, FL Topics Covered: Hot Topics in Compliance Compliance and Quality of Care Readying the Compliance Department for ICD-10 Compliance [...]
Patient Engagement Summit
2015-02-09 - 2015-02-10    
12:00 am
THE “BLOCKBUSTER DRUG OF THE 21ST CENTURY” Patient engagement is one of the hottest topics in healthcare today.  Many industry stakeholders consider patient engagement, as [...]
iHT2 Health IT Summit in Miami
2015-02-10 - 2015-02-11    
All Day
February 10-11, 2015 iHT2 [eye-h-tee-squared]: 1. an awe-inspiring summit featuring some of the world.s best and brightest. 2. great food for thought that will leave you begging [...]
Starting Urgent Care Business with Confidence
2015-02-11    
1:00 pm - 3:00 pm
February 11, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Managed Care Compliance Conference
2015-02-15 - 2015-02-18    
All Day
February 15, 2015 - February 18, 2015 Las Vegas, NV Prospectus Learn essential information for those involved with the management of compliance at health plans. [...]
Healthcare Systems Process Improvement Conference 2015
2015-02-18 - 2015-02-20    
All Day
BE A PART OF THE 2015 CONFERENCE! The Healthcare Systems Process Improvement Conference 2015 is your source for the latest in operational and quality improvement tools, methods [...]
A Practical Guide to Using Encryption for Reducing HIPAA Data Breach Risk
2015-02-18    
1:00 pm - 3:00 pm
February 18, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Compliance Strategies to Protect your Revenue in a Changing Regulatory Environment
2015-02-19    
1:00 pm - 3:30 pm
February 19, 2015 Web Conference 12pm CST | 1pm EST | 11am MT | 10am PST | 9am AKST | 8am HAST Main points covered: [...]
Dallas Regional Conference
2015-02-20    
All Day
February 20, 2015 Grapevine, TX Topics Covered: An Update on Government Enforcement Actions from the OIG OIG and US Attorney’s Office ICD 10 HIPAA – [...]
Events on 2015-02-03
EhealthInitiative Annual Conference 2015
3 Feb 15
2500 Calvert Street
Events on 2015-02-06
Orlando Regional Conference
6 Feb 15
Lake Buena Vista
Events on 2015-02-09
Events on 2015-02-10
Events on 2015-02-11
Events on 2015-02-15
Events on 2015-02-20
Dallas Regional Conference
20 Feb 15
Grapevine
Articles

Proven Ways To Enhance Your Medical Device Manufacturing Business

Proven Ways To Enhance Your Medical Device Manufacturing Business

Manufacturing is an inherently complex industry, with some products being trickier than others. Medical devices are among the most challenging ones because manufacturers need to go the extra mile with quality and precision. You cannot follow the mass-production mindset to chase revenues and profits. Expensive machinery, qualified labor, and regulatory compliance are some other challenges that make the process even more complicated. However, you can easily cover all these fronts by sticking to some best practices. Let us share a few proven ways to enhance your medical device manufacturing business.

Stay ahead of regulatory guidelines

Navigating the industry’s regulatory environment is perhaps the hardest part of running a medical device manufacturing business. The concern goes beyond compliance, as inconsistent language and evolving regulations may keep you on your toes. The best way to deal with the challenge is to keep pace with the guidelines and align your process with the ongoing changes. Setting up a compliance committee with experts who understand the zone is the ideal solution.

Create a stringent quality plan

Quality is the mainstay of medical device manufacturing because the tiniest flaw can cause massive problems. Your product will likely fail to match the industry standards and consumer expectations. Even worse, it may endanger patient safety and harm your reputation in the long run. A stringent quality plan is your best defense, as it helps you set up a process to meet quality requirements and standards. While implementing the quality plan, keep room for flexibility to accommodate changes when regulations evolve.

Upgrade process and machinery

Upgrading processes and machinery is another measure to enhance your medical device manufacturing business. You may have a proven process and the latest machinery for your plan, but better things are always around the corner. Budget for timely upgrades to stay relevant and profitable. For example, you can embrace automation solutions to improve processes. Likewise, investing in modern machinery can be a game-changer. Knowing where you can sell used machinery puts you in a good place because you cannot simply discard expensive equipment on a whim. You can make good money by reselling it to support your modernization initiative.  

Keep an eye on product design

Design control is one of the most significant aspects of medical device manufacturing. Consider your end users to create viable designs for your products. Essentially, the product design should ensure precision for the practitioners and safety for the patients. Moreover, it must be in tandem with industry standards and regulations. Once you create a design, you must implement design controls to ensure the highest levels of quality management for the process.

Conduct regular audits

You may create the best process, but taking a set-and-forget approach is not a choice in the sector. Conducting regular audits is crucial to stay ahead of the FDA compliance guidelines. Besides compliance, internal audits provide valuable feedback for improving your products in the long run. They help you pinpoint the smallest potential defects and improve them to manufacture flawless products.

Medical device manufacturers must prioritize the quality of products and processes to stay on the right side of regulations. Although it seems like a lot of work, following these simple measures is enough to cover all fronts