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Force Therapeutics Reduces 30-Day Readmissions, New Study Shows

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Research demonstrates hospitals using Force Therapeutics care management platform benefit from significantly lower excess readmissions, positioning them for success under TEAM

NEW YORK, Nov. 6, 2024 /PRNewswire/ — Force Therapeutics, the leading orthopedic digital care management platform, announced today the release of new research demonstrating how hospitals that use the platform, compared to those that do not, exhibit much lower excess readmission rates. In addition, within a single organization, sites that do use Force Therapeutics were shown to have substantially lower excess readmission rates compared to sites that do not.

This research stemmed from the recent announcement from Centers for Medicare & Medicaid Services (CMS) surrounding the introduction of the Transforming Episode Accountability Model (TEAM), a new mandatory payment model aimed at reducing costs and improving care quality across five episode categories: lower extremity joint replacements (LEJR), surgical hip/femur fracture treatments (SHFFT), coronary artery bypass grafts (CABG), spinal fusions, and major bowel procedures.

Similar to previous bundled payment models, hospitals mandated to participate in TEAM will be required to maintain 30-day episode spending below a certain target price, subject to care quality adjustments. Those who succeed will receive financial incentives, while those who exceed the target price will be required to issue repayments to CMS. Within this context, excess readmissions–which are associated with significant costs–carry an outsized impact on 30-day episode spending, making it absolutely critical that hospitals work to eliminate avoidable readmissions to the best of their abilities.

The research is based on data obtained from the CMS Hospital Readmission Reduction Program (HRRP) for the period of July 2019 through June 2022. In the first part of the study, all hospitals in the HRRP were grouped into 3 categories: Hospitals that used Force throughout the study time frame, hospitals that used Force during part of the study time frame, and hospitals that have never used Force. Hospitals in the first category demonstrated on average an excess readmission rate of 0.98, reflecting less readmissions than expected based on patient population risk factors, while the other two categories saw excess readmission rates of 1.04 and 1.01. The analysis clearly illustrates how hospitals using Force outmatch their counterparts and benefit from substantially lower readmissions, supporting higher quality care for their patients and lowering their Medicare cost expenditures.

In the second part of the study, one large academic health system was selected for a site by site investigation; two of the organization’s sites had been using Force, while a third site was not. Among the two sites using Force, excess readmission rates stood at 0.94 and 0.87, while the third site not using Force had an excess readmission rate of 1.25. Once again, this data shows how slight variations in care, even between sites within a single hospital system, can lead to drastically different quality of care results. With Force, care standardization at scale minimizes outliers, enabling hospitals to provide smarter value-based care.

“As the beginning of TEAM in January 2026 approaches, our team and partner care organizations are working to ensure that all the components of delivering high-quality value-based care are in place well ahead of time,” said Bronwyn Spira, CEO, Force Therapeutics. “With our platform, hospitals can fully engage their patients to capture important insights remotely, setting the stage for successful post-operative home recoveries and avoiding highly costly and stressful adverse events such as readmissions, despite the increasingly short amount of time these patients spend in the hospital setting.”

Force Therapeutics, says Spira, enables hospitals to comprehensively prepare patients for surgery and offer in-depth virtual support at every step of the recovery journey. Beyond minimizing readmissions, this empowers patients and providers to designate clear patient expectations and enable shared decision making, which has been shown to result in higher patient satisfaction and superior functional outcomes.

This is accomplished through gold-standard pre- and post-operative education to prevent complications (such as infections and blood clots); actionable watchlists to provide visibility into patient progress and enable early intervention; remote monitoring and smart alerts to flag signs of challenging recovery journeys; and direct communication tools to quickly address questions and avoid ED visits. The platform also boasts an unparalleled level of patient engagement and long-term PROMs capture rates, supporting regulatory compliance and quality improvement initiatives.

Access the new study here.

About Force Therapeutics
Force Therapeutics is the leading orthopedic digital care management platform, designed to help clinicians effectively manage patients’ rehabilitation and recovery remotely using evidence-based care pathways. The platform leverages video and digital connections to directly engage non-operative and operative patients at every step of the care journey. Backed by millions of clinically validated patient data points and insights from more than 70 leading healthcare centers across the country, Force Therapeutics is proven to reduce care variation, lower overall costs, maximize care team efficiency, and improve patient outcomes and satisfaction.

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Simulation Software Market worth USD 36.22 billion by 2030- Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Nov. 6, 2024 /PRNewswire/ — The global Simulation Software Market is estimated to grow from USD 19.95 billion by 2024 to USD 36.22 billion in 2030, at a CAGR of 10.4% during the forecast period, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “Simulation Software Market”

350– Tables
50 – Figures
300 – Pages

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Scope of the Report

Report Metrics

Details

Market size available for years

2018-2030

Base year considered

2023

Forecast period

2024–2030

Forecast units

Value (USD Billion) 

Segments Covered

By Offering, Service, Software Type, Deployment Mode, Organization Size, Application, Vertical, and Region.

Geographies covered

North America, Europe, Asia Pacific, Middle East and Africa, Latin America

Companies covered

Major vendors in the Simulation Software Market include Dassault Systemes (France), Ansys (US), Autodesk (US), AVL List GmbH (Austria), MathWorks(US), Siemens (Germany), Hexagon (US), Synopsys (Canada), Texas Instruments (US), SAS (US), CAE (Canada), Emerson (US), Honeywell (US), Rockwell Automation (US), Altair (US), PTC (US), AspenTech (US), Keysight (US), Aveva (UK), Spirent (UK), Bentley (US), Certara (US), aPriori (US), AnyLogic (US), Simscale (Germany), Simul8 (UK), Simio (US), FlexSim (US), MOSIMTEC (US), Fives ProSim (France), Cybernet (US), Cesim (Finland), AirShaper (Belgium).

Simulation software is gaining popularity due to its cost-effectiveness and efficiency in product development. Simul8, a leading provider, helps businesses identify the best course of action by comparing solutions based on desired outcomes. By increasing throughput and improving patient flow, simulation tools allow for quick, data-driven decisions. These tools reduce the need for expensive physical prototypes, shorten development time, and identify design issues early on. For example, a steel producer used AnyLogic to optimize limestone reclamation processes, maximizing utilization and reducing machine running hours, leading to substantial savings on electricity costs.

In addition, simulation software has also become essential for ensuring safety, performance, and meeting regulatory needs, particularly in technologies like electric vehicles. It also aids in drug development, resource optimization, and maximizes efficiency through smoother production with reduced manufacturing costs. Key drivers for the Simulation Software Market include the growing emphasis on reducing production and training costs, as well as the adoption of advanced technologies like digital twins, AI, IoT, and augmented reality.

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Based on the Organization Size, the Large Enterprises segment accounts for the highest market size during the forecast period.

Large enterprises have substantial financial and human resources and can afford to invest hugely in leading-edge simulation technologies to improve product design and development, training, and operations. Large enterprises undertake massive, complex projects that require high-performance simulation solutions to deal with vast amounts of data and elaborate modeling. The growth is further accelerated by Industry 4.0, where digital twins and IoT integration applications are used for monitoring and real-time optimization. Simulation software also helps large enterprises reduce the cost of development and risks. Simulations provide businesses with various benefits in terms of cost reduction, including optimization of resources in identifying less used areas, effectiveness of operational processes, and risk reduction as scenarios are experimented in controlled environments. They also allow for more informed decision-making with data-driven insights and promote innovation as it avails the chance to experiment with new strategies without applying the risk to actual business operations.

Simulation tools aid in quality assurance and help organizations meet industry standards while minimizing product recalls in markets such as healthcare and automotive. For instance, strategic investments and partnerships are being made through organizations like Accenture and Cosmo Tech. BMW further, uses digital twin technology to enhance vehicle design by creating virtual replicas of physical systems to simulate product workflow. These are examples of driving innovation in the large enterprise segment.

By Vertical, Automation will account for the highest market size during the forecast period.

The complexity of today’s modern vehicle systems-including electric drive trains and autonomous driving technologies, require advanced simulation tools to create accurate models for complex interactions and verify component functionality. Electric vehicles and autonomous driving systems are contributing to this growth as simulation software optimizes the performance of the hardware such as batteries, creates expansive virtual environments that can be used to test autonomous technologies, and is cost-effective because simulation minimizes the requirement for physical prototypes, which reduces the expenses on development and accelerates time-to-market. Simulation ensures that the manufacturer adheres to tight safety regulations and environmental conditions, as it is possible to test the safety features and emissions through thorough virtual simulation. Developments include scope enhancements, for example, PTV Vissim Automotive, which is a specialized extension of the PTV Vissim traffic simulation software for dynamic traffic simulations, used to address the industry’s evolving needs for safe, efficient, and future-proof vehicles and digital twin technology by way of Ansys, with HIL testing where real hardware is interfaced with virtual simulations. Furthermore, simulation software provides a faster cycle of design iterations, encourages interdisciplinarity collaboration among engineering groups, and remains vitally important for improving the safety and reliability of autonomous vehicles by taking full advantage of thorough testing in controlled environments.

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By deployment mode, On-premises will grow at the highest market size during the forecast period.

The on-premises deployment holds the major market share in the Simulation Software Market as it offers benefits such as data security, customization, and performance. It allows enterprises to have complete control over all the sensitive data, particularly in cases of businesses that are compelled by stringent privacy regulations and data-privacy policies to retain their simulation data within their premises. On-premises deployment also enables organizations to customize the software functionalities according to their requirements and workflows. Many organizations also benefit from easier integration with legacy systems and established IT infrastructure. These factors, combined with a higher level of control and reliability, make on-premises deployment the preferred choice for many.

By region, Asia-Pacific accounts for the highest CAGR during the forecast period.

Asia Pacific region is expected have highest market size in Simulation Software Market   because of rapid industrialization, technological development, and rising demand in the automotive, healthcare, and aerospace sectors. Economic growth and urbanization in China and India have caused an increased adoption of simulation tools in industries such as automotive, mainly EV and ADAS simulations. Technological advancements in AI, IoT, and digital twin technologies improve simulation technology. They optimize procedures by creating virtual models through simulation and reduce reliance on physical prototypes. The simulation tools are used in healthcare in countries like Japan and South Korea, especially in medical training and surgical planning, due to requirements for meeting regulatory needs and patient care. Government policies such as smart cities accelerating market growth boost technological development and infrastructure readiness. There is also a growing awareness in the corporate sector about the benefits of simulation software in making operations more efficient, cost-effective, and qualitative, especially in industries like aerospace and electronics. China and India are the two major role playing countries in Simulation Software Market in Asia Pacific region, as  China is expected to dominate this market, whereas India is expected to grow at a high rate due to the development of automobile industries and infrastructure development.

Top Key Companies in Simulation Software Market:

The report profiles key players such as Dassault Systemes (France), Ansys (US), Autodesk (US), AVL List GmbH (Austria), MathWorks (US), Siemens (Germany), Hexagon (US), Synopsys (Canada), Texas Instruments (US), SAS (US), CAE (Canada), Emerson (US), Honeywell (US), Rockwell Automation (US), Altair (US), PTC (US), AspenTech (US), Keysight (US), Aveva (UK), Spirent (UK), Bentley (US), Certara (US).

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The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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Invicti Security Appoints Kevin Gallagher as President

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AUSTIN, Texas, Nov. 6, 2024 /PRNewswire/ — Invicti Security, a leading global application security platform, is pleased to announce the appointment of Kevin Gallagher, former CEO of CoSoSys, as President. In his new role, Gallagher will scale operations, accelerate growth, and advance Invicti’s mission to secure the web applications that run customers’ businesses.

Gallagher first joined Invicti in 2017 and played a key role in the company’s growth and success before transitioning to other ventures. Returning to Invicti as President, Gallagher brings over 20 years of experience in cybersecurity and software, with a proven track record of driving strategic growth and operational excellence. At CoSoSys, he led the company through accelerated expansion, solidifying its position as a leader in data loss prevention and endpoint security. Kevin brings a wealth of leadership experience and a deep commitment to Invicti’s mission of delivering innovative and impactful security solutions to businesses around the world.

“Kevin’s extensive experience and commitment to innovation in cybersecurity and software make him an ideal fit for Invicti as we continue to expand and enhance our capabilities,” said Neil Roseman, CEO of Invicti. “Kevin’s leadership will help us strengthen our operational foundation, deliver growth, and create even more value for our customers.”

Invicti’s application security platform, including the award-winning Acunetix and Invicti (formerly Netsparker) DAST products, empowers security teams to find, fix, and prevent vulnerabilities in real time, ensuring the protection of critical assets and data. Gallagher’s strategic insight and operational expertise will be instrumental as Invicti continues to advance its solutions to meet the evolving needs of modern organizations worldwide.

“I’m excited to rejoin Invicti at such an exciting time in the company’s journey,” said Gallagher. “The cybersecurity landscape continues to evolve, and Invicti’s solutions are at the forefront of helping businesses protect their most critical assets. I look forward to working with the incredible team here to drive continued success and create even greater value for our customers.”

The addition of Gallagher to Invicti’s executive team reflects the company’s ongoing commitment to attracting top industry talent to drive innovation and provide organizations with the most effective and comprehensive web application security solutions.

This announcement follows the launch of Invicti’s new API Security solution, which expands the company’s security capabilities to provide customers with more comprehensive coverage on one platform.

ABOUT INVICTI SECURITY

Invicti Security—which acquired and combined AppSec leaders Acunetix and Netsparker—is on a mission: application security with zero noise. An AppSec leader for more than 15 years, Invicti delivers continuous web application and API security, designed to be both reliable for security and practical for development while serving critical compliance requirements. Customers choose the Invicti platform to leverage DAST, SAST, SCA, and IAST solutions to better secure their environments and ultimately reduce risk across their web applications and APIs. Invicti operates globally with employees in over 11 countries and serves more than 4,000 customer organizations. For more information, visit www.invicti.com or follow us on LinkedIn.

Media Contact:

Charmaine Odums
Invicti Security
charmaine.odums@invicti.com

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Sunseeker Pushes Boundaries with Wireless Smart Lawn Mower at Elevate Conference

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CHARLOTTE, N.C., Nov. 6, 2024 /PRNewswire/ — With the smart lawnmower industry in full swing, landscaping industry professionals from across the United States convened at the Elevate Conference from November 3rd to 6th to explore the industry’s vast potential. Sunseeker, a pivotal player in this sector, seized the opportunity to showcase their cutting-edge products, such as the X Series Wire-Free Robotic Mower, at the event. This engagement with experts further solidified their dedication to the U.S. market.

During the conference, Sunseeker highlighted its dedication to meeting the evolving needs of both residential and commercial customers. The company presented its X Series Wire-Free Robotic Mower, which includes the X7, X5, and X3 models, alongside its high-performance 60V Commercial series, emphasizing their adaptability to different lawn sizes and maintenance requirements with a focus on both practical applications and user experiences, as well as technological features. Sunseeker’s attendance also underscored its commitment to future growth and innovation. The company shared its vision of becoming a leading provider of robotic mowers in the North American market with plans to expand its product range to cover properties ranging from 0.2 acres to 15 acres over the next two years to address both residential and commercial needs.

Speaking to the brand’s attendance at Elevate, Sales Director of Sunseeker US, Matt More said, “Being part of the Elevate Conference allowed us to connect directly with professionals who use our products daily. Their insights are invaluable as we strive to develop solutions that are innovative, practical, and user-friendly. Engaging with the industry community is essential for our growth. It helps us stay attuned to market needs and trends, ensuring that we continue to provide relevant and high-quality products.”

A significant theme highlighted during the event was the pivotal role of dealer networks in delivering quality service and support to end-users. Sunseeker has announced ambitious plans to substantially expand its dealer network over the next two years. In 2025, Sunseeker is dedicated to a substantial expansion of its dealer network across the United States and Canada, with a commitment to sustaining these efforts into 2026 and beyond.

The X Series by the team introduces cutting-edge technologies like the AONavi™ Positioning and Navigation System, blending Real-Time Kinematic (RTK) satellite positioning with VSLAM visual navigation for precise mowing in challenging terrains. The Vision AI System, with a 3D binocular camera, enhances surroundings mapping and adaptability. Notably, the X5 and X3 Plus models are exclusively reserved for dealers, while the X7 was recently chosen by Tech Hive as one of the best smart lawnmowers of 2024.

Advantages of the X Series:

Precision Navigation: The AONavi™ Technology integrates RTK-GNSS satellite positioning and VSLAM visual technology, delivering precise positioning accuracy down to the centimeter, and avoiding signal loss in any diverse outdoor environment. It identifies and optimizes mowing paths for individual or multiple areas without physical markers. Once users establish boundaries via the app, the mower operates wirelessly, efficiently mowing designated areas.Vision AI System: The utilization of a 3D binocular camera enables smart obstacle avoidance and precise environmental perception. Supported by the proprietary deep learning algorithms, it consistently enhances its comprehension of garden landscapes through continuous data accumulation.All-Terrain Capability: All-wheel drive allows X7 to handle 70% slopes and X5, 60% inclines.Tender to Turf: This series excels in precision and efficiency, catering to the needs of various terrains. Its floating cutting design ensures a meticulous trim across all landscapes, preserving uniformity. Powered by driven and steering motors, it navigates with finesse, executing precise turns while treating grass gently. Additionally, the mower simplifies maintenance with simultaneous trimming and scarifying, offering hassle-free care for lush, vibrant lawns.App Control: The features include multi-zone planning, intelligent path planning, auto height adjustment and customized schedules for simplified lawn management.

Sunseeker’s 60V Commercial series is also a point of interest at the conference. Designed for professional landscapers, this range includes lawn mowers, blowers, chainsaws, hedge trimmers, pole hedges, and brush cutters. Emphasizing durability, power, and user comfort, the series caters to the demands of professional use. The company is also developing outdoor robotic solutions, such as leaf and snow robots, reflecting a commitment to offering comprehensive outdoor maintenance solutions that leverage advanced technology for efficiency and sustainability.

“Expanding our dealer network is one of our strategic plans in the US market and we strive to boost our presence on the global stage,” stated Justin Novosel, Executive Vice President and General Manager of North American Operations for Sunseeker US. “Dealers play a crucial role in ensuring customers have access to our products and receive the support they need. By offering exclusive products to our dealers, we strengthen these partnerships and enhance the overall customer experience. Our goal is to integrate technology seamlessly into everyday life. By developing a variety of outdoor robotic products, we aim to provide tools that make tasks easier and more efficient, ultimately enriching users’ lives.”

Moving forward, Sunseeker will continue its mission to enrich lives by integrating technology and civilization into everyday experiences. Guided by core values that emphasize conviction, a relentless pursuit of excellence, a positive mindset, and a commitment to continuous learning and action, the company fosters a culture of positivity and ongoing development.

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