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*“New technology” is classified as a product that, as compared to existing products:

Offers significant technological advancements,
Improves clinical outcomes or patient care in a significant way (i.e., documented reduction in procedure times, outcomes, lengths of stay, readmissions, infection rates), or
Streamlines work processes and/or the economics of facility operations in a significant way (i.e., increase or decrease expenses in supply chain or resource utilization).

Demonstration of the above through independent, peer-reviewed publication(s) is beneficial, but not required.*