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Medical Device Risk Assessment

Find the device-specific risks standard due diligence misses

Physician and biomedical-engineer-led scoring across 510(k), De Novo, and PMA pathways. Predicate integrity, cybersecurity, manufacturing QMS, and reimbursement risk — in 24–48 hours.

24hQuick Score
510(k)/DN/PMAAll pathways
15+Evidence sources
MD + BMEEvery review
A·A
Every Vantage Score is personally reviewed by Arvind Ravinutala, MD (physician executive, P&T Committee Chair, Clinical Informatics) and Aswini Ravinutala, BME (biomedical engineer, ex-Axonics through Boston Scientific's $4.1B acquisition). Dual-discipline cross-validation on every deliverable.

The Problem

Devices fail for reasons the spreadsheet doesn't catch

Predicate devices get pulled. Cybersecurity becomes a submission block. Manufacturing audits surface CAPAs the seller never disclosed. Reimbursement is assumed, not verified. Vantage finds these in days, not after close.

Predicate trap

Your target's 510(k) cites a predicate that's been recalled or subject to Class I action. FDA won't let you ride that predicate forward.

Cybersecurity gate

Post-Oct 2023, FDA refuses to accept submissions without SBOM + threat model. Many sellers still haven't caught up.

Manufacturing QMS drift

CAPA backlog, unresolved 483 observations, supplier-qualification gaps that don't show up in the data room.

Reimbursement assumption

"It's a 510(k), so it's reimbursed" is false. CPT/HCPCS coverage varies by payer, site of service, and procedure bundling.

Clinical adoption friction

P&T committee rejection, IDN procurement blocks, physician workflow mismatch — not found in the regulatory file.

EU MDR exposure

Legacy CE-marked devices losing MDR extension are a hidden revenue cliff most US buyers miss.

Regulatory Pathways We Cover

Every device pathway, scored differently

The risk profile for a 510(k) is nothing like a PMA. De Novo sits in between with its own traps. Our model weights evidence and outcomes per pathway, not one-size-fits-all.

510(K)

Substantial Equivalence

Most common pathway. Biggest pitfalls: predicate integrity, split predicates, technological characteristics creep, and clinical performance data adequacy.

3-6motypical FDA review~3,000clearances per year
DE NOVO

Novel low/moderate risk

Used when no valid predicate exists. Risk is acceptance of special controls, post-market requirements, and reclassification implications for future entrants.

9-15motypical FDA review~100grants per year
PMA

Premarket Approval

Highest-risk Class III devices. Panel meetings, clinical trial integrity, QSR inspection, and CE-mark strategy dominate the risk profile.

15-24motypical FDA review~40approvals per year

Device-Specific Score Weights

How the Vantage Score weights a device

Same 20-category taxonomy as every vertical. The weights reflect what actually kills device deals. Percentage shown is relative contribution to the composite Vantage Score.

DomainWeightWhat we're looking at
Regulatory Pathway Integrity22%Predicate validity, pathway choice, FDA correspondence, 510(k) summary quality, indications-for-use drift
Clinical Evidence & Adoption18%Pivotal trial design, endpoint validity, real-world evidence, P&T committee history, KOL adoption
Reimbursement & Coding15%CPT/HCPCS coverage, CMS NCD/LCD, payer policies, site-of-service bundling, prior auth burden
Manufacturing & QMS12%483 history, CAPA backlog, supplier controls, design history file completeness, QSR/21 CFR 820 gaps
Cybersecurity & Postmarket10%SBOM completeness, threat model, postmarket update plan, 524B readiness, recall and MAUDE history
IP & Freedom-to-Operate9%Patent thicket analysis, FTO opinions, design-around risk, trade-secret posture, licensing obligations
Commercial & Market Access8%IDN contract landscape, GPO alignment, sales model, TAM rigor, competitor launch history
Financial & Operational6%Burn rate, unit economics, inventory, supply continuity, exit track record — provided by buy-side

Pricing Ladder

Same deliverable format across every tier

Start with a Quick Score to triage. Scale up to a full report when the deal moves. Every tier returns in 24–72 hours with named physician + engineer reviewers.

Quick Score

24 hours
$2,500
Triage-grade
  • Go/no-go read
  • Top-3 risk flags
  • Pathway sanity check
  • PDF deliverable
Start Quick Score

Investor Score

48-72 hours
$15,000
Deal diligence
  • All above, deeper depth
  • Management-team scorecard
  • IC-ready exhibits
  • Memo with term-sheet flags
Order Investor Score

Corporate Score

5-7 days
$25,000
Enterprise M&A
  • All above + EU MDR gap
  • Integration risk view
  • Reg Affairs interview
  • Post-close 100-day plan
Order Corporate Score

Want continuous monitoring post-close? Surveillance from $1,500/mo →

Device Intelligence Library

What we've been writing about

Deep dives on the specific device risks that cost investors and acquirers real money. Written by Arvind and Aswini.

Put a device through Vantage this week

Send us the target and a data-room link (or even just a 510(k) number). We return a Quick Score in 24 hours. If you want to start with a call first, we'll make time today.