VQ OrthoCare Named Medical/Biotechnology Winner at 2010 Innovations in HealthcareSM ABBY Awards for BioniCare/OActive Knee System Technology
VQ OrthoCare Crowned for Creating the Most Innovative Medical Device to Reduce Costs of Providing Quality Healthcare.
Orange County, CA, May 06, 2010 –(PR.com)– VQ OrthoCare, the leading provider of non-invasive medical solutions focused on bone, joint and soft tissue conditions, has been announced as the 2010 Innovations in Healthcare SM ABBY Award winner from the Adaptive Business Leaders (ABL) Organization. VQ OrthoCare’s OActive Knee Brace and BioniCare System is the first non-invasive, non-pharmaceutical, non-surgical treatment option for osteoarthritis of the knee. It delivers a low-level pulsed electrical signal to the knee through two electrodes held in place on the inside of a joint unloading brace, developed specifically to treat osteoarthritis by mimicking the naturally occurring signal present in a healthy knee joint. BioniCare has been a life-changing treatment option for 50,000+ U.S. patients already and has proven to be significantly more cost-effective than other treatment options, such as total knee replacement surgery.
“We are thrilled to be the 2010 Innovations in Healthcare SM ABBY Award winner and honored to be nominated alongside other progressive companies that are taking a proactive approach to innovation in healthcare,” said Jim Knape, president and founder, VQ OrthoCare. “27 million Americans are living with osteoarthritis, costing the American healthcare system 186 billion dollars annually. As the non-invasive, non-pharmaceutical, non-surgical treatment alternative for osteoarthritis of the knee, BioniCare will be a game-changer in cutting healthcare costs and improving patient care for osteoarthritis in the future.”
The Innovations in Healthcare SM ABBY awards honor companies which have proven to lower the cost of providing quality healthcare. The awards were presented on April 28, 2010 at the Radisson Hotel in Newport Beach, Calif. Following five-minute video presentations submitted by each of the finalists, ABL members voted on the winner in each of three categories: Healthcare Information & Telecommunications, Medical/Biotechnology, and Innovative Approach to Healthcare Delivery.
For more information about the OActive Knee Brace and BioniCare System, visit www.BioniCare.com or call (800) 444-1456. For more information on the Innovation in Healthcare ABBY Awards or the Adaptive Business Leaders (ABL) Organization, visit www.abl.org.
About VQ OrthoCare:
Founded in 1989 and based in Irvine, California, VQ OrthoCare is a leading manufacturer and provider of non-invasive medical solutions focused on bone, joint and soft-tissue conditions. VQ OrthoCare’s commitment to treating patients with respect and supporting them in achieving optimum outcomes is unmatched in the industry. Services include in-home patient fitting of braces and medical devices, and technology-enabled compliance monitoring. VQ OrthoCare’s orthopedic products include: Surgi-Stim4, Ortho-Stim4, Fast Start EMS, Fast Start HVPC, VQ Vector, Biotens, and the OActive Knee Brace and BioniCare System. VQ OrthoCare is registered with the U.S. Food and Drug Administration as a medical device manufacturer and specification developer. For more information, visit www.VQOrthoCare.com or call (800) 452-7993.
About Adaptive Business Leaders:
ABL supports the needs of its Member CEOs by providing a place for top-level executives to draw on the experience, knowledge and skill sets of their peers in a vertical industry, personal advisory board – “multi-coach approach” – setting. Members meet once a month for a half-day Round Table meeting with a group of peer senior executives from non-competing companies. Members also gather several times a year at workshops and conferences to exchange ideas and connect with other chief executives. ABL’s Chief Executive Leadership Development Round Table program is offered in California’s Greater Los Angeles, Orange, San Diego, San Francisco and Santa Clara Counties. More information can be found at http:www.abl.org.