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WASHINGTON (AP) — The Obama administration on Tuesday rolled out an ambitious five-year plan for moving doctors and hospitals to computerized medical records, promising greater safety for patients and lower costs.
Starting next year, doctors' offices and hospitals can get federal money to help defray the costs of the systems, which can run to millions of dollars for hospitals. Providers who don't comply by 2015 will face cuts in Medicare payments.
MicroCHIPS, Inc. is pioneering the next generation of implantable drug delivery and biosensing devices for use in the pharmaceutical and patient monitoring markets. Our proprietary reservoir technologies include both active and passive forms and provide numerous product opportunities for our partners.
MicroCHIPS, Inc. is a privately held company headquartered in Bedford, Massachusetts. The Company was founded in 1999 by Dr. John Santini, MIT Professors Michael Cima and Robert Langer, and Terry McGuire of Polaris Venture Partners. Our world-class team of nineteen includes fifteen of the best and brightest scientists and engineers.
Microchips Approved for Human Use Linked to Cancer in Animals
Monday, September 10, 2007
Print ShareThisWhen the U.S. Food and Drug Administration approved implanting microchips in humans, the manufacturer said it would save lives, letting doctors scan the tiny transponders to access patients' medical records almost instantly. The FDA found "reasonable assurance" the device was safe, and a sub-agency even called it one of 2005's top "innovative technologies."