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What is the cut-off between a medical equipment and a health care IT product?

April 26, 2017Cut-Off equipment health care medical Product

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What is the cut-off between a medical equipment and a health care IT product?

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When a facility assembles a whole product, which integrates software and the machine (for example a patient monitoring system), it is classified within the medical equipment industry. A division may occur in a situation where software development is subcontracted to another facility.