24 min

Creating Efficiencies in the Implantable Medical Device Space The TechLink Health Podcast

    • Health & Fitness

One implication of the current pandemic is that many elective surgeries were delayed or postponed amidst global uncertainty.  As the healthcare ecosystem continues to adjust to these uncertainties and evolve, it's important to examine existing and emerging technologies that are helping to create efficiencies within the industry.  

Today’s episode focuses on demystifying the implantable medical device journey for healthcare systems and practitioners as well as discussing the future of connected devices in the space.

This episode’s guest is Richard Palarea, the CEO of Kermit, a Baltimore-based healthcare cost reduction and spend management company bringing automation and insight to the high-spend category of implantable medical devices within hospitals and health systems. Since its foundation in 2011, Kermit has saved hospitals more than $200 million and manages 40% of the implantable device spend transacting in Maryland. Kermit has been recognized in multiple years as an Inc. 5000 company and by the Baltimore Business Journal as a Fast 50 company and a Top Software Company ranked by local revenue, as well as SmartCEO’s Future 50. Kermit is the recipient of industry awards, including the Federation of American Hospitals’ Heartbeat of Healthcare for its work as an innovative partner helping hospitals manage costs during a global pandemic.

For more details visit TechLink Health @ https://www.techlink.health or connect with Rich @ https://www.linkedin.com/in/rpalarea/.

This episode was hosted by Margarita Khosh.

If you're a healthcare practitioner or thought leader and interested in leveraging the TechLink Health platform for telehealth, e-consults, or advisory services, feel free to connect with us by visiting our site or downloading the TechLink Health app.

iOS - https://apps.apple.com/app/techlink-health/id1492325493

Google Play - https://play.google.com/store/apps/details?id=millennialtech.techlinkhealth

One implication of the current pandemic is that many elective surgeries were delayed or postponed amidst global uncertainty.  As the healthcare ecosystem continues to adjust to these uncertainties and evolve, it's important to examine existing and emerging technologies that are helping to create efficiencies within the industry.  

Today’s episode focuses on demystifying the implantable medical device journey for healthcare systems and practitioners as well as discussing the future of connected devices in the space.

This episode’s guest is Richard Palarea, the CEO of Kermit, a Baltimore-based healthcare cost reduction and spend management company bringing automation and insight to the high-spend category of implantable medical devices within hospitals and health systems. Since its foundation in 2011, Kermit has saved hospitals more than $200 million and manages 40% of the implantable device spend transacting in Maryland. Kermit has been recognized in multiple years as an Inc. 5000 company and by the Baltimore Business Journal as a Fast 50 company and a Top Software Company ranked by local revenue, as well as SmartCEO’s Future 50. Kermit is the recipient of industry awards, including the Federation of American Hospitals’ Heartbeat of Healthcare for its work as an innovative partner helping hospitals manage costs during a global pandemic.

For more details visit TechLink Health @ https://www.techlink.health or connect with Rich @ https://www.linkedin.com/in/rpalarea/.

This episode was hosted by Margarita Khosh.

If you're a healthcare practitioner or thought leader and interested in leveraging the TechLink Health platform for telehealth, e-consults, or advisory services, feel free to connect with us by visiting our site or downloading the TechLink Health app.

iOS - https://apps.apple.com/app/techlink-health/id1492325493

Google Play - https://play.google.com/store/apps/details?id=millennialtech.techlinkhealth

24 min

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