Advertisements

Twin Cities med-tech start-up looks to shake up orthopedics market

ows_146268075142532 (1)Minnesota is home to more than 600 medical technology companies, and virtually all of them began when someone decided to build a business around a new medical device.

Responsive Orthopedics is different. Started by veteran Twin Cities med-tech executive Doug Kohrs and two partners, Responsive Orthopedics began with the realization of a once-in-a-lifetime sales opportunity for reasonably priced medical devices, spurred by macroeconomic changes underway in the U.S. health care system.

Kohrs and his partners realized that the ongoing transition to a financial model known as “bundled payments” is rapidly creating a new market for low-cost, standardized medical devices. But the major device makers are unwilling to sell such models because the prices are too low, and venture capital firms are reluctant to fund start-ups without the promise of premium pricing someday.

READ MORE

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Materialise Medical Blog

behind the scenes of 3D printing

CB Insights - Blog

Discovering, compiling and sharing orthopedic and medical technology news on a daily basis.

My Knee Your Knee

Knee Replacement Surgery on a Knee Replacement Surgeon

TEDMED Blog

Discovering, compiling and sharing orthopedic and medical technology news on a daily basis.

KevinMD.com

Discovering, compiling and sharing orthopedic and medical technology news on a daily basis.

Page Array – Rock Health

Discovering, compiling and sharing orthopedic and medical technology news on a daily basis.

mobihealthnews

mobihealthnews - the daily mHealth industry monitor. Subscribe for our free weekly e-newsletter!

TechCrunch

Startup and Technology News

Sports Medicine Weekly

Brought to You by Dr. Brian Cole & Steve Kashul

OrthoBuzz

Keeping you up-to-date with orthopaedic news

%d bloggers like this: