Becker's Hospital Review

29 20 medtech companies to know | 2020 M edtech companies play a critical role in developing medical therapies and innovations to improve out- comes and healthcare delivery across the U.S. Here are 20 medtech companies to know that deliver medical devices, treatments, technology and services for healthcare pro- viders and patients, especially as the U.S. moves toward more virtual and remote care. Abbott (Chicago). Abbott is a global healthcare company with a portfolio of healthcare technologies including diagnostics, medical devices, nutritionals and branded generic medicine. e company has 107,000 employees in more than 160 countries who support its products and services. Abbott reported $31.9 billion in 2019 sales and has been named No. 1 in its category on Fortune's Most Admired Companies list for the past seven years. Accenture (Dublin, Ireland). Accenture is a global professional services company that provides strategy, consulting, technology and operations services. e company focuses on 40 industries, including healthcare, and has around 506,000 employees serv- ing clients in 120 countries. Accenture reported $44.3 billion in revenue for the 2020 fiscal year ending Aug. 31 and partners with Microso, Oracle, Salesforce and Workday for technology services. Amwell (Boston). Amwell is a telehealth provider that partners with more than 50 health plans and 2,000 hospitals and health systems for virtual care services. e company also reports more than 40,000 client providers are using Amwell and 80 million health plan members have access to Amwell as a covered benefit. In September, the company received an investment from Google and launched an IPO. In October, J.D. Power ranked Amwell No. 1 in its U.S. Telehealth Satisfaction Study. AristaMD (San Diego). AristaMD is a telehealth company pro- viding an electronic consultation platform for primary care pro- viders. e platform includes clinical workup checklists and is designed to integrate with clinical workflows. In recent months, AristaMD partnered with the University of Colorado School of medicine to expand its virtual consultations platform and added Ascension Ventures as an investing company to complete a $24 million Series B funding round. Aunt Bertha (Austin, Texas). Aunt Bertha is a network that connects users with verified social care providers and allows nonprofits to coordinate efforts. e network has at least 700 re- sources in every county and services are free and open to all us- ers. e company is also committed to building tools to support decision-making and strengthening partnerships. In June, Aunt Bertha partnered with Ending Community Homelessness Coa- lition — or ECHO —to change homeless intake for healthcare providers across the nation. BD (Franklin Lakes, N.J.). Founded more than a century, BD is focused on improving patient outcomes and healthcare work- er safety with a variety of technologies. e company has more than 50,000 associates in 50 countries and the BD Technologies and Innovation Team, based in North Carolina, is focused on developing next-generation technologies and accelerates ear- ly-stage life sciences companies through collaboration, licensing or incubation. Boston Scientific (Marlborough, Mass.). Boston Scientific is a medical solutions and innovations company with 36,000 em- ployees doing business in around 120 countries. e company has 40 locations worldwide to develop medical solutions that improve patient health. Change Healthcare (Nashville, Tenn.). Change Healthcare is a technology company focused on developing insights, innovation and transformation through its platform. e company works with payers and providers to apply the data and analytics solu- tions to improve clinical decision-making, billing, collections and patient experience. Currently, one in three patient records is touched by its solutions, which manage 68 million diagnostic imaging studies. Change Healthcare billed $1.7 trillion using the revenue cycle and practice management solutions. GE Healthcare (Chicago). GE Healthcare is a global medical technology and digital solutions company. It has more than 100 years in the healthcare industry and now includes around 50,000 employees. GE Healthcare had $17 billion in 2019 revenue, ex- cluding pharmaceuticals, and reportedly invests more than $1 billion in medical research every year. Its Edison intelligence platform supports clinicians with precision health, digitizing healthcare and driving productivity. Intuitive Surgical (Sunnyvale, Calif.). Intuitive is the maker of the da Vinci surgical system. e 25-year-old company works with healthcare providers on innovations and currently 7 million procedures are performed using its technology every year. e da Vinci system was among the first FDA-cleared robot-assisted and it's now used in 67 countries and all 50 states. Johnson & Johnson (New Brunswick, N.J.). Johnson & John- son is a global organization with more than 130,000 employees. e company's medical devices businesses focus on science and technology for surgery, orthopedics, vision and interventional procedures and drive value-based care. e company's orthope- dics business is a global leader in joint replacement and it offers comprehensive trauma, spine and sports medicine solutions. Sponsored by:

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