Welcome!

News Feed Item

Edison Nation Medical Seeks Product Innovations to Reduce the Incidence of Patient Falls in the Acute Care Setting

General Public Encouraged to Submit Ideas for Devices and Tools to Address Inpatient Falls

CHARLOTTE, N.C., Aug. 5, 2014 /PRNewswire/ -- Edison Nation Medical, a healthcare innovation marketplace, today announced a worldwide search for solutions aimed at reducing the incidence of patient falls in the acute care setting. Innovation ideas can include, but are not limited to, support equipment, furniture redesigns, sensors, and warning systems.  Edison Nation Medical will carefully evaluate all ideas submitted and will work to license the most promising innovations, sharing resulting licensing royalties with the inventor(s) involved.

The Edison Nation Medical innovation search is open to the public. Submissions should be made to Edison Nation Medical's confidential and secure online portal at www.EdisonNationMedical.com/Falls now through Tuesday, September 30, 2014. 

Patient falls in hospitals are estimated at 700,000 to 1 million patients annually.  An estimated 30% of inpatient falls result in serious injury.  Fall prevention is a complex issue because of the many factors that can be associated with a patient falling, including patient factors such as weak muscles, chronic conditions, medication-related dizziness, and toileting needs.  Environmental factors can also play a role including beds positioning or height, design of furnishings, poor illumination, condition of ground surfaces, type of footwear, equipment without support (grab bars), and inadequate or inaccessible assistive devices.  One study points to the largest proportions of falls happening in the evening or at night (59%), in the patient's room or bathroom (85%), and when the patient is unassisted (79%).  While many falls occur while getting out of bed, often times, patients are ambulating at the time of their fall, often unassisted.

Inpatient falls are the largest single category of reported incidences in hospitals.  Since 2008, Medicare and Medicaid have not reimbursed hospitals for injuries associated with an inpatient fall and the trauma associated with it.  The estimated cost for a serious fall-related injury is more than $13,000 and the patient's length of stay increases an average of 6.27 days.  The estimated costs to treat the 30% of falls resulting in serious injury is expected to reach $54.9 billion in 2020.

"Every hospital around the country is focused on fall prevention strategies and technologies for patients as one of the ten patient-safety priorities established by the Centers for Medicare & Medicaid Services," stated Robert Grajewski, president of Edison Nation Medical.  "While we can't eliminate every patient fall, there are many opportunities and ideas out there to greatly reduce the number of falls patients experience and endure and we're hoping to capture and help commercialize some of those ideas in order to improve patient safety."    

Joining Edison Nation Medical is free.  Ideas submitted to the organization's confidential and secure online portal cost only $25 to submit and are vetted through an in-depth review process led by a team of medical, product development and legal experts. The end goal is to commercialize each qualified product idea and, when Edison Nation Medical is successful, licensing royalties are shared with the submitting inventor(s).

Inventors are encouraged to submit everything from a back-of-the-envelope sketch to patented and prototyped ideas to currently commercialized products looking to scale.

For more information and to submit an idea, go to www.EdisonNationMedical.com/Falls

About Edison Nation Medical:
Edison Nation Medical is a healthcare innovation marketplace with deep expertise in open innovation, product development, and healthcare. Born out of collaboration with Carolinas HealthCare System (the second largest public health system in the United States), Edison Nation Medical's mission is to break down the barriers to healthcare innovation. We make this a reality by providing a clear and easy pathway through our open innovation platform for anyone — physicians, nurses, entrepreneurs, even patients and caregivers — to submit a medical invention idea for full evaluation and potential commercialization.

Edison Nation Medical innovation headquarters is in Charlotte, NC with satellite offices in San Francisco and New York City. For more information, please visit www.EdisonNationMedical.com.

SOURCE Edison Nation Medical

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In the enterprise today, connected IoT devices are everywhere – both inside and outside corporate environments. The need to identify, manage, control and secure a quickly growing web of connections and outside devices is making the already challenging task of security even more important, and onerous. In his session at @ThingsExpo, Rich Boyer, CISO and Chief Architect for Security at NTT i3, discussed new ways of thinking and the approaches needed to address the emerging challenges of security i...
As many know, the first generation of Cloud Management Platform (CMP) solutions were designed for managing virtual infrastructure (IaaS) and traditional applications. But that’s no longer enough to satisfy evolving and complex business requirements. In his session at 21st Cloud Expo, Scott Davis, Embotics CTO, will explore how next-generation CMPs ensure organizations can manage cloud-native and microservice-based application architectures, while also facilitating agile DevOps methodology. He wi...
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
There is only one world-class Cloud event on earth, and that is Cloud Expo – which returns to Silicon Valley for the 21st Cloud Expo at the Santa Clara Convention Center, October 31 - November 2, 2017. Every Global 2000 enterprise in the world is now integrating cloud computing in some form into its IT development and operations. Midsize and small businesses are also migrating to the cloud in increasing numbers. Companies are each developing their unique mix of cloud technologies and service...
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, d...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compliance, reduce cost as well as advance trade. Are you curious about how Blockchain is built for business? In her session at 21st Cloud Expo, René Bostic, Technical VP of the IBM Cloud Unit in North America, will discuss th...
SYS-CON Events announced today that Datera, that offers a radically new data management architecture, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera is transforming the traditional datacenter model through modern cloud simplicity. The technology industry is at another major inflection point. The rise of mobile, the Internet of Things, data storage and Big...
SYS-CON Events announced today that Akvelon will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Akvelon is a business and technology consulting firm that specializes in applying cutting-edge technology to problems in fields as diverse as mobile technology, sports technology, finance, and healthcare.
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, will introduce two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a...
SYS-CON Events announced today that Datera will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Datera offers a radically new approach to data management, where innovative software makes data infrastructure invisible, elastic and able to perform at the highest level. It eliminates hardware lock-in and gives IT organizations the choice to source x86 server nodes, with business model option...
When shopping for a new data processing platform for IoT solutions, many development teams want to be able to test-drive options before making a choice. Yet when evaluating an IoT solution, it’s simply not feasible to do so at scale with physical devices. Building a sensor simulator is the next best choice; however, generating a realistic simulation at very high TPS with ease of configurability is a formidable challenge. When dealing with multiple application or transport protocols, you would be...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...