Children's Hospitals Today - Summer 2024 - 11

INNOVATION / ROUNDS
the device had the potential to generate
$20 million a year, Wall said. " To me, that
sounds like a good amount of money. It
doesn't to venture capitalists. When you
think about how you're going to get an idea
to the bedside, you have to think about the
business side. It can't cost you more to build
these devices than you get paid for it. "
The biodesign team partnered with
the UCSF-Stanford Pediatric Device
Consortium to identify industry experts to
donate time to the project as well as investors
willing to take a risk. A modest financial
investment allowed the team to conduct a
clinical trial that showed a 70% reduction
in catheter migration. The product was
ultimately acquired by a med-tech company.
Federal funding for
pediatric devices
The FDA grants funds to pediatric device
consortia every five years and has awarded
approximately $22 million since 2009.
In 2023, five pediatric device consortia
received funding, including the UCSFStanford
group. Children's hospitals and
academic institutions lead the consortia.
Associated advisory networks offer developers
a chance to connect with experts in
pertinent fields.
The newest group to receive funding is
the Midwest Pediatric Device Consortium
(MPDC) that includes Nationwide
Children's Hospital, Cleveland Clinic
Children's, Cincinnati Children's, and The
Ohio State University.
" It's a big opportunity for the Midwest
and a big opportunity for the institutions
involved. It highlights the dense health care
expertise in the region that we can leverage
to help device companies across the
country, " said Cory Criss, MD, a pediatric
surgeon at Nationwide Children's Hospital
and co-principal investigator for the MPDC.
Despite the geographic separation,
IN BRIEF
ADMINISTRATOR NEWS
Criss said consortia leaders collaborate
to exchange ideas, overcome barriers,
and ultimately bring products that benefit
kids to market.
" Within the medical device and digital
health sphere, kids are truly an underrepresented
population. The potential for
return on investment is much different
in pediatrics, so getting devices into the
pediatric space takes a huge effort and a
lot of strategy, " Criss said. " Collectively, the
pediatric device consortia have acknowledged
and accepted that challenge. "
Children's Wisconsin named
Gil Peri president and CEO.
University of Iowa Stead
Family Children's Hospital
named Jim Leste chief
administrative officer.
RESEARCH NEWS
A multicenter study using
data from Children's Hospital
Association's Pediatric Health
Information System® found
that children injured on
trampolines are more likely
to undergo surgery than
those injured on playground
equipment. Specifically,
youths in late childhood and
adolescence were more
likely to require surgical
management for fractures
sustained by trampolines
than younger children.
Patients with fractures from
trampolines were more
likely to be older, white, and
female and live in rural zip
codes with a slightly lower
median household income.
The study authors wrote this
could be due to differences
in trampoline availability,
play style, bone health, or
supervision, or differences in
playground safety between
rural and urban areas. The
study's findings may facilitate
improved counseling by
orthopedic surgeons about the
risks associated with specific
play equipment.
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