Navigation Links
Emerge Medical Targets $92 Billion Medical Device Market With Lower-Cost Generic Implants and Instruments
Date:4/4/2011

DENVER, April 4, 2011 /PRNewswire/ -- Recognizing a significant need to improve efficiency and provide cost-savings throughout the medical device industry, Emerge Medical today announced that it is initially targeting the $2 billion orthopedic trauma market with the industry's first-ever line of high-quality generic implants and instruments.  

"Hospitals are increasingly pressured to cut costs while continuing to deliver quality medical care. Emerge Medical was created to meet this critical need," said John Marotta, CEO of Emerge Medical. "Our supply chain model offers hospitals and physicians high-quality products at a significantly lower cost, changing the way medical device sales are approached and empowering hospitals to improve efficiency.  Emerge's present focus is on the orthopedic trauma market, but our vision is to apply our generic device platform to the larger orthopedic, sports medicine and spine market; and ultimately to the entire $92 billion medical device industry."

Emerge Medical focuses on core devices that are easily standardized for use across multiple procedures and have low physician preference, meaning that physicians are not partial to a specific brand.  The company further addresses healthcare costs by working directly with hospital administrators, department heads and surgeons to reduce the add-on expenses typically associated with medical device sales forces.  These factors enable Emerge Medical to transfer savings of up to 50 percent to its customers. Additionally, all products are manufactured domestically in the U.S. to ensure the highest quality.

"High selling, general and administrative costs are built into the price of many medical devices, yet there has been little innovation in many core, basic products for over a decade," said Zach Stassen, CFO of Emerge Medical. "Emerge Medical's approach to standardizing these devices and removing those high costs through a streamlined supply chain has the potential to reduce a significant monetary burden on our healthcare system."

Marotta concluded, "Above all, Emerge Medical enables hospitals and physicians to deliver premium patient care without having to pay premium prices.  This vision is akin to other game changing moments in industry, whether it's the introduction of generic pharmaceuticals or the Michael Dell vision that helped to revolutionize the PC market."

About Emerge Medical, Inc.

Emerge Medical, Inc. is a medical device company committed to reducing healthcare costs through the development of high-quality generic implants and instruments. The company currently offers standardized devices for the $2 billion orthopedic trauma market, with plans to expand its line of generic devices to reduce unnecessary expense throughout orthopedics and the larger $92 billion medical device industry. Emerge Medical is able to realize cost savings of up to 50 percent by leveraging a streamlined supply chain through which the company works directly with hospital administrators to eliminate much of the selling, general and administrative (SGA) cost traditionally associated with medical devices.  Emerge Medical is based in Denver, Colorado.  For more information on the company, please visit http://www.emergemedical.com.

Contacts:
Emerge Medical
John Marotta, Chief Executive Officer
1-866-553-0376

The Ruth Group (on behalf of Emerge Medical)
Jason Rando/Lisa Cook
Tel: +1 (646) 536-7025/7012
jrando@theruthgroup.com
lcook@theruthgroup.com


'/>"/>
SOURCE Emerge Medical, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Plans to Overhaul Ambulance Industry Met With Enthusiasm: Online Marketplace for Emergency Medical Services Introduces Largest Selection of Products and Services on the Web
2. Drug-Related Poisoning The Cause For Nearly 700,000 Emergency Department Visits a Year, According to New Research
3. Swedish/Mill Creek Emergency Department, Ambulatory Care Center Opens Soon
4. Parents, Physicians Unite and Declare: State of Emergency
5. Rockbridge Growth Equity Leads Acquisition of Connect America, a Leading Direct to Consumer Provider of Personal Emergency Response Systems (PERS)
6. Problems Emerge in Competitive Bidding Pricing Scheme for Home Medical Equipment; Economists Predict the Program Will Fail
7. For Treatment of Irritable Bowel Syndrome, Linaclotide Will Emerge as the Market Leader and Will Achieve Blockbuster Status in 2019
8. Consortium on Intraosseous (IO) Vascular Access Recommends IO Access for Emergent and Nonemergent Situations
9. Cheetah Medicals NICOM(R) System for Noninvasive Hemodynamic Monitoring Found to be an Effective Tool for Identification of Acute Heart Failure in the Emergency Department
10. WomanCare Global Acquires 2 Global Brands From ICON -- Combined Oral Contraceptive Roselle® and Emergency Contraceptive Optinor®
11. As Cholera Outbreak Spreads, World Vision Deploys Teams to Distribute Emergency Health Supplies, Focus on Preventative Measures
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/11/2016)... SAN FRANCISCO , Feb. 11, 2016 Potrero ... system, is pleased to announce the appointment of George ... San Antonio, TX , WellMed is ... servicing over 200,000 patients and HMO members in ... founding WellMed in 1990 out of his own internal medicine ...
(Date:2/11/2016)... Feb. 11, 2016  MiMedx Group, Inc. (NASDAQ: ... amniotic membrane and other birth tissues, human skin and ... and market advanced products and therapies, announced today that ... Global Healthcare Conference in New York ... Michael J. Senken , Chief Financial Officer and ...
(Date:2/11/2016)...  AfterPill.com is reporting that this week,s Centers for ... women who are at risk of unintended pregnancy impacts ... raises the risks of unprotected sex in particular.  ... to the Guttmacher Institute, there are 43 million women ... who have sex without the intention of becoming pregnant.  ...
Breaking Medicine Technology:
(Date:2/11/2016)... ... February 11, 2016 , ... According to an article published February ... loss dietary supplement, is being recalled due to the discovery that it contains dangerous ... not a single supplement on the market proven to help people safety lose excess ...
(Date:2/11/2016)... , ... February 11, 2016 , ... Registered nurses, licensed ... CEU seminar titled, “Stroke Management: Time to Act, Time to Heal” on Thursday, February ... in Whippany, N.J. The presenter is Vishal Chedda, president of ANSA Consultants, who will ...
(Date:2/11/2016)... (PRWEB) , ... February 12, 2016 , ... The ... is up from 0.416 in 2013. The SJR uses data taken from the Scopus ... account both the number of citations received by the journal over a three year ...
(Date:2/11/2016)... ... 11, 2016 , ... The Chartis Group, a national advisory ... in the “2015/2016 Best in KLAS: Software and Services” report in two categories: ... and insights firm on a global mission to improve healthcare delivery by amplifying ...
(Date:2/11/2016)... ... February 11, 2016 , ... Thermi™, a world leader ... to announce the promotions of Allison Kelly to executive vice president of the ... vice president of North American capital sales, and Wendy Oseas to vice president ...
Breaking Medicine News(10 mins):