ATLANTA, June 11, 2018 (GLOBE NEWSWIRE) -- nfant Feeding Solution has been named as one of six finalists in the Rehabilitation and Assistive-Technology category of the 20th annual Medical Device Excellence Awards (MDEA). Created to highlight innovative medical devices with the capability to improve the field of healthcare, the MDEAs have become an integral part of the influential Medical Design & Manufacturing (MD&M) East Conference.
Adding to the excitement surrounding this year’s event, NFANT Labs’ CEO, Lou Malice, will be speaking on subscription-based business models in healthcare, including their adoption by NFANT Labs.
As the East Coast’s oldest and largest medtech event, MD&M East showcases the latest advancements in medical technology. This year, over 8,000 people are expected to be in attendance, including numerous medical device thought leaders. Familiar names joining NFANT in competition for a MEDA include Medtronic, Insightec, and Hologic.
As the first FDA-cleared Internet of Things (IoT) device for the NICU, NFANT Labs’ Analytics and Feeding Solution products are on the forefront of medtech innovation. The company continues to innovate with its adoption of a subscription-based business model, which CEO Lou Malice will discuss at the MD&M East conference next week as a featured speaker.
“NFANT Labs is creating the world’s largest infant feeding database by collecting data from our wireless device. Access to this data collected by clinicians is critical to the proper care of newborns,” Malice says. “We utilize a subscription model for data access to ensure that the clinician has the most up-to-date comparative data and the hospital has a predictable cost structure for budgeting purposes.”
To hear more about NFANT Labs’ success with its subscription-based model, attend Mr. Malice’s presentation on Tuesday June 12 beginning at 3:00 PM, “Can a Subscription Business Model Work in Medtech?”
NFANT Labs is an emerging digital health and medical device company based in Atlanta, Georgia, dedicated to infant feeding. nfant Feeding Solution, the first FDA-cleared "Internet of Things" (IoT) medical device for the NICU, and nfant Analytics, a Machine Learning and reporting platform, give clinicians, hospital providers and payers insight into infant progress and path to discharge. Improving the standard of feeding care by collecting objective data and tracking feeding progression has the potential to shorten NICU stays, reduce readmissions and deliver substantial savings. www.nfant.com.