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This is it: The Last Chance for EHR Stimulus Funds! Webinar
2014-07-31    
10:00 am - 11:00 am
Contact: Robert Moberg ChiroTouch 9265 Sky Park Court Suite 200 San Diego, CA 92123 Phone: 619-528-0040 ChiroTouch to Host This is it: The Last Chance [...]
RCM Best Practices
2014-07-31    
2:00 pm - 3:00 pm
In today’s cost-conscious healthcare environment every dollar counts. Yet, inefficient billing processes are costing practices up to 15% of their revenue annually. The areas of [...]
Aprima 2014 User Conference and VAR Summit
2014-08-08    
12:00 am
Aprima 2014 User Conference and VAR Summit Vendor Registration Thank you for your interest in participating in the Aprima 2014 User Conference and VAR Summit. Please [...]
Innovations for Healthcare IT
2014-08-10    
All Day
At Innovations for Healthcare IT, you'll discover new techniques and methods to maximize the use of your Siemens systems and help you excel in today's [...]
Consumerization of Healthcare
2014-08-13    
1:00 pm - 1:30 pm
Join Our Complimentary Express Webinar for an overview of “The Consumerization of Healthcare” on Wednesday, August 13th at 1:00 pm ET. Consumerism in the healthcare [...]
How to use HIPAA tracking software to survive an audit
2014-08-20    
2:00 pm - 3:30 pm
Wednesday, August 20th from 2:00 – 3:30 EST You have done a great job with Meaningful Use but will you pass a HIPAA audit?  Bob Grant, HIPAA auditor and expert will show you how to achieve total compliance and [...]
How Healthy Is Your Practice?
2014-08-27    
2:00 pm - 3:00 pm
According to recent statistics from MGMA, the typical physician practice leaves up to 30% of their potential revenue on the table every year. This money [...]
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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