Proteus Digital Health (Redwood City, California) reported it has received $31.6 million in debt financing from Oxford Finance and Silicon Valley Bank.

SAN FRANCISO — Delos "Toby" Cosgrove, MD, president/CEO of the Cleveland Clinic told an audience at the J.P. Morgan Healthcare Conference during a lunch keynote session that the pace of change coming to healthcare industry is one that has never been witnessed before.

The Advanced Medical Technology Association (AdvaMed; Washington), the largest medical technology lobby group in the U.S., held its annual meeting last week in Washington DC. The meeting offered an excellent snapshot of all the exciting developments occurring in this critical sector of the healthcare field. While the med-tech market has encountered some challenging headwinds over the past few years on the regulatory and reimbursement fronts as well as in the venture capital markets, there are signs that the sector is headed for a dramatic rebound. A report released at the meeting provided by EvaluateMedTech forecasts the industry approaching $455 billion...