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Hospitals have traditionally adopted technology at a slower pace than other industries. That’s partly due to the amount of time it takes to get a new medical device or software platform approved by the U.S. Food and Drug Administration, and partly due to the naturally cautious nature of hospitals themselves.
Looking at regulatory delays, consider one of the most recent medical devices to get FDA approval, a titanium heart implant called the Amplatzer PFO Occluder. Its inventors applied for approval…