The Affordable Care Act has decreased the number of Americans who don’t have health insurance, but sweeping healthcare reform law has also brought new cost pressures for medical device manufacturers.
In addition to the 2.3% tax on medical device sales, device makers must also contend with hospitals and other providers that are tightening their purse strings. As a result, OEMs are being pushed to innovate more efficiently.
But how do you do that?
Sil-Pro sponsored tech ebook, Streamline Innovation: How to Afford the Affordable Care Act, lays out 10 strategies for reducing the cost of innovation in areas ranging from design to manufacturing.
The 50-page ebook offers advice on everything from avoiding outsourcing pitfalls to best practices for molding. Among the concepts it covers are the following:
Tolerance stackups in medical device assemblies