Stryker makes new acquisition to help hospitals, health systems save costs: 3 details

Stryker acquired Hygia Health Services, a developer of single-use devices, to help hospitals reduce costs.

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Here are three details.

1. Stryker and Hygia first partnered in 2015 to reprocess single-use devices. This acquisition further solidifies their partnership.

2. Hygia’s product portfolio includes air transfer mattresses, fall alarms, ECG leads, cerebral-somatic sensors and infusor bags.

3. Since their partnership, Stryker helped its 3,000 single-use device reprocessing customers save $326 million collectively in supply costs. Additionally, Stryker estimates it diverted 13.4 million pounds of waste from landfills in 2017.

More articles on devices & implants:
NuVasive’s CEO is preparing for more outpatient spine, less desire for robots: 6 key quotes
K2M CEO among leaders in 3-D printing for spinal implants, and isn’t afraid of the competition: 4 key quotes
Paradigm Spine gets pre-market approval for disposable instrument kit: 4 things to know

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