logo
Profound Medical Standardizes on AcuityMD Intelligence Platform for MedTech as Foundation for Growing Organization

Profound Medical Standardizes on AcuityMD Intelligence Platform for MedTech as Foundation for Growing Organization

AcuityMD, the intelligence platform for the medical technology (MedTech) industry, has been selected by Profound Medical, a medical device company developing customizable, incision-free therapies that combine real-time magnetic resonance imaging, thermal ultrasound, and closed-loop temperature feedback control for the radiation-free ablation of diseased tissue – specifically for prostate diseases. Profound Medical is standardizing its organization on AcuityMD's complete suite of commercial intelligence solutions to bring its breakthrough TULSA-PRO® technology to more healthcare providers nationwide.
Nearly 60% of men diagnosed with low-risk prostate cancer are managed with active surveillance – a 'wait-and-see' approach – because traditional treatments often cause severe, permanent side effects such as incontinence and erectile dysfunction. Profound Medical provides patients with a better alternative for whole or partial gland ablation, whether for low-risk, intermediate-risk, or more severe disease states. Indicated for transurethral ultrasound ablation (TULSA) of prostate tissue, TULSA-PRO is the first incision-free, radiation-free treatment for prostate disease. The procedure, which is now reimbursed by Medicare with a Category 1 CPT code, can also be conveniently performed in various outpatient settings – hospitals, ambulatory surgery centers, and office-based laboratories (OBLs).
AcuityMD provided Profound Medical a smart, efficient way to accelerate the delivery of TULSA-PRO to healthcare providers.
Profound Medical had been using a general customer relationship management (CRM) system with spotty market data. As a fast-growing company, they needed a powerhouse system with integrated MedTech workflows that not only helped sales identify the providers that could benefit from TULSA-PRO but also incorporated reliable commercial intelligence to guide strategic decision-making. Profound Medical also wanted industry-specific functionality for territory, contract, and long-term customer engagement management. After reviewing AcuityMD's platform – including all modules Pipeline, Targeting, Markets, Territories, plus newer modules Contracts and Care Journeys, both launched in 2024 – and speaking to customer referrals, Profound Medical doubled-down on AcuityMD's entire suite.
'We are building something important and want to do it right alongside a technology provider that will partner with us as we grow,' said Tom Tamberrino, Chief Commercial Officer at Profound Medical. 'The people at AcuityMD are as driven to get TULSA-PRO into the market as we are, and their platform is proving instrumental to helping us identify which physicians are treating prostate disease and where, as well as uncovering the high-volume regions where we need to strategically hire more sales professionals.'
Tamberrino added, 'We wanted a solution that was more than a one-note sales tool or generic CRM. AcuityMD provides value not just for our sales professionals but also our regional leaders, financial team, marketers, and even manufacturing groups. It's a comprehensive platform solution that delivers industry intelligence that all our teams can use for better decision-making.'
AcuityMD's platform is built for the MedTech industry's unique commercialization process and combines streamlined workflows with robust data, enabling sales, marketing, and national accounts teams to build comprehensive strategies focused on their best opportunities.
'Profound Medical is solving a longstanding men's health problem by offering an innovative procedure for prostate disease that also preserves quality-of-life,' said Michael Monovoukas, CEO and co-founder of AcuityMD. 'We are proud to partner with Profound Medical to help identify their best opportunities so they can achieve their goals and bring revolutionary TULSA-PRO technology to as many patients as possible.'
AcuityMD is the intelligence platform for MedTech. More than 300 MedTech companies – including six of the top 10 – use AcuityMD to identify target markets, surface top opportunities, and grow their business. With customers ranging from pre-commercial to enterprise, AcuityMD is committed to delivering the right insights so companies can understand where and how to sell faster to accelerate the adoption of medical technology.
SOURCE: AcuityMD
Copyright Business Wire 2025.
PUB: 02/26/2025 07:05 AM/DISC: 02/26/2025 07:06 AM

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

I helped create Medicare Advantage. Here's why I believe it needs reform.
I helped create Medicare Advantage. Here's why I believe it needs reform.

The Hill

time4 hours ago

  • The Hill

I helped create Medicare Advantage. Here's why I believe it needs reform.

In 2003, I helped write the Medicare Modernization Act, which established Medicare Advantage and added a prescription drug benefit through Part D. At the time, I believed that introducing private-sector competition would spur innovation, improve care for seniors and save taxpayer dollars. I was encouraged by health insurance executives, who asked me to be a champion for Medicare Advantage — and I agreed. I believed in the promise of a system where public-private partnership could deliver better results for beneficiaries. More than 20 years later, I have to admit: the program no longer lives up to that promise. Medicare Advantage has become something quite different from what many of us envisioned. Instead of a vibrant alternative that drives efficiency and delivers value, it has evolved into a system dominated by a handful of massive insurers who are gaming the rules for profit. These companies are not small innovators fighting to offer better care — they are corporate behemoths raking in billions by exploiting a program meant to better serve our seniors. Overpayments and risk-score manipulation have become endemic. The program's original safeguards against excessive billing and cherry-picking enrollees have proven too weak in the face of powerful lobbying, limited oversight, and manipulative practices that seemingly stay just within the rules. The result is that taxpayers are spending more per beneficiary in Medicare Advantage than they would in traditional Medicare — all while beneficiaries often face narrower networks, opaque denials and delays in getting care. It pains me to say this, but the system we helped create is being abused. And it's not just hurting taxpayers. It's hurting patients. Seniors who enrolled in Medicare Advantage plans expecting better care are too often finding out — at the worst possible time — that their plan won't cover what they need, or that they've been shuffled into narrow networks without real choice. This is not what we intended. To be clear, I still believe that private-sector participation can play a meaningful role in Medicare. But it must be subject to accountability, transparency and real competition. Today's Medicare Advantage market lacks all three. A handful of insurers control most of the market. Star ratings are gamed. Audits are rare. And efforts to claw back overpayments are fought tooth and nail. We owe it to America's seniors — and to taxpayers and the sustainability of Medicare itself — to reform this system. That means restoring parity between traditional Medicare and Medicare Advantage, enforcing robust oversight, and ending the perverse incentives that reward insurers for risk coding games rather than real care improvements and innovations. It also means resisting the industry's scare tactics. Every time reform is proposed, insurers trot out fear-driven campaigns suggesting that seniors will lose their benefits. But what seniors truly need is a Medicare program — whether traditional or Advantage — that works for them, not for corporate shareholders. I was proud to support the Medicare Modernization Act. But I never imagined that Medicare Advantage would become a vehicle for such waste and abuse. It's time to fix it and restore the program's true promise as a competitive marketplace that provides seniors innovative alternative plans — before the entire foundation of Medicare is eroded beyond repair. Jim Greenwood served in Congress from 1993-2005.

Denmark allocates millions of dollars to attract African students in strategic immigration program
Denmark allocates millions of dollars to attract African students in strategic immigration program

Business Insider

time5 hours ago

  • Business Insider

Denmark allocates millions of dollars to attract African students in strategic immigration program

According to LocalDenmark, the Nordic country aims to host 230 African students annually for the next eight years, primarily to foster deeper cultural and diplomatic integrations. As stated by its Foreign Minister, Lars Løkke Rasmussen, " It's clearly in our interest that African countries look towards Europe when considering their future paths. With this new program, we're not just investing in education, but in relationships that build a vital bridge between Denmark and Africa." The program is also expected to strengthen ties between Danish and African universities, promoting knowledge exchange and collaborative research initiatives. Meanwhile, some 430 million Danish kroner ($61 million) has been allocated since 2024 to support this initiative, underscoring Denmark's commitment to its pro-Africa immigration policy and strategy. This move by Denmark is part of a broader European effort to maintain relevance and influence in Africa, amid growing competition from China and Russia, particularly as the US continues to enforce strict immigration policies targeting African migrants. According to Minister for Higher Education and Science Christina Egelund, " Africa has enormous potential, which we can help unlock through education. By 2050, a third of the world's youth will live in Africa, and the continent's geopolitical importance is growing rapidly." In return, Denmark also hopes to see more of its own students pursuing studies and exchange programmes in African institutions. ' There's immense potential in Africa. Education is a two-way bridge, ' Løkke said The scholarship provides comprehensive support, covering tuition fees, living expenses, and potentially including travel assistance. Successful applicants may also be eligible to participate in the EU's Erasmus+ program, offering additional exchange opportunities. Denmark's Africa strategy Denmark is known for having some of the strictest immigration policies in Europe, with conditions growing increasingly rigid since the 1990s. While this tough approach has achieved its intended effects, it has also introduced new challenges. During a visit to Ghana last year, Denmark's Foreign Minister and former Prime Minister, Lars Løkke Rasmussen hinted at a shift in immigration policy. He framed the change as a way to safeguard Denmark's core interests, noting that Europe is shrinking—not just in population, but also in its share of the global economy. This perspective is central to the Danish government's new Africa strategy, unveiled on 26 August 2024. The strategy focuses on deepening ties with African nations through expanded trade, investment, and educational exchanges. One of its key goals is to attract top talent from Africa to pursue education in Denmark, thereby fostering a network with long-term political and economic benefits for the country. For many African students, this initiative offers a gateway to high-quality education in Europe, while also fostering stronger partnerships in areas such as science, technology, innovation, governance, and sustainable development between Africa and Denmark.

Special care changes needed as costs push patients away
Special care changes needed as costs push patients away

Yahoo

time7 hours ago

  • Yahoo

Special care changes needed as costs push patients away

High specialist medical costs cause almost two million Australians to delay or skip appointments, but a report suggests stripping public funding to doctors charging excessive fees could be part of the remedy. About 1.9 million Australians are delaying or skipping critical medical care due to exorbitant fees for specialist doctors, a report by public policy think tank the Grattan Institute has found. Some private specialist doctors charge patients two to three times more than the rate Medicare sets for those services, the report found. It said patients of one specialist forked out an average of $300 per year in 2023 - up 73 per cent since 2010. Average out-of-pocket costs for extreme-fee-charging specialists in 2023 reached $671 for psychiatry services and more than $350 for endocrinology, cardiology, paediatrics, immunology and neurology services. The high costs leave critical health care out of reach for millions, causing patients in poorer pockets of Australia to wait months or years for urgent appointments, and leading to missed diagnoses, avoidable pain and added pressure on hospitals. About four in 10 Australians visited a specialist in 2023/24. About two-thirds across all specialties are private appointments, with patients receiving a Medicare rebate and paying a gap fee. Grattan's Health Program director Peter Breadon said the system was broken from start to end. "Everywhere, from how the system is planned and how training is funded through to how we target public investment and integrate the system between primary care and specialist care, it all really needs a lot of change," he told AAP. Grattan's recommendations include scrapping Medicare subsidies to specialists who charge excessive fees and publicly naming them. "Hopefully it would discourage those specialists who are charging really unreasonable fees, but this is a problem that needs many solutions," Mr Breadon said. The report also recommends governments provide one million extra specialist appointment services every year in areas that receive the least care, a system in which GPs can get written advice from other specialists, modernise public specialist clinics, and allocate $160 million to expand specialist training for undersupplied specialties and rural training. Australian Medical Association President Danielle McMullen said public hospital underinvestment and lagging Medicare rebates made it harder for patients. "The risks of delaying medical care are that the health problem gets worse," she said, adding it also puts pressure on GPs and hospitals in public and private clinics. The doctors' association supports most of Grattan's recommendations, but said removing Medicare funding from specialists who charged excessive fees was not practical. As governments negotiate the National Health Reform agreement, Dr McMullen urged leaders to sort out longer-term funding for public hospitals and develop a health workforce data tracker to show where investment was needed. Federal Health Minister Mark Butler said private health insurers and specialists needed to do more to protect patients from exorbitant bills. He said the Albanese government would upgrade the Medical Costs Finder, which helps patients find the best value for specialist medical advice, and was committed to working with stakeholders to improve cost transparency.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store