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Industry Update: Where is the Business of Medical Devices Headed?
Date:6/11/2013

MOUNTAIN VIEW, Calif., June 11, 2013 /PRNewswire/ -- With profit models under pressure and an eroding customer value proposition, medical equipment organizations are at the crossroads of a highly disruptive market.  For U.S. companies already sorting through the impact of the medical device excise tax, which led many organizations to downsize and restructure, they still must face significant disruptors on the horizon, with investment dollars flowing in the opposite direction.

To address these factors and highlight the dramatic successes – and mistakes – of others in the industry, the Medical Dealer Leadership Summit (http://leadership.medicaldealer.com/) will gather business leaders from a range of organizations on July 14-15, 2013 in Chicago.  Frost & Sullivan Advanced Medical Technologies Industry Manager and Medical Devices Thought Leader Venkat Rajan will participate in the panel discussion, "Health Care Industry Update," taking place on day one of the event.  During this session, the panelists will offer unique perspectives on where the business of medical equipment is going, as well as the short- and long-term effects of major changes in politics, policy and technology.

"Given the degree of concurrent changes impacting business models in the industry, it is fascinating to track the varied strategies being enacted," said Rajan.  "Market participants are working to better align with this new market paradigm."

Rajan is joined by the "Health Care Industry Update" panel moderator, Alan Moretti, a healthcare technology management consultant and the founding president of the Clinical Engineering Association of Illinois.  In addition, the panel will include President of Block Imaging Parts & Service Jason Crawford; Regional Director of Clinical Engineering at Adv
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SOURCE Frost & Sullivan
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