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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 Screen
510(k)/DN/PMAAll pathways
15+Evidence sources
MD + BMEEvery review
A·A
Every Vantage evaluation is physician-led, directed by Arvind Ravinutala, MD (physician executive, P&T Committee Chair, Clinical Informatics) and Aswini Ravinutala, BME (biomedical engineer, ex-Axonics through Boston Scientific's $3.7B acquisition). Backed by a curated network of physician subject-matter experts matched to each domain, with 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, assessed 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 Index Weighting

How the Vantage Index 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 Index.

DomainWeightWhat we're looking at
Regulatory Pathway IntegrityPredicate validity, pathway choice, FDA correspondence, 510(k) summary quality, indications-for-use drift
Clinical Evidence & AdoptionPivotal trial design, endpoint validity, real-world evidence, P&T committee history, KOL adoption
Reimbursement & CodingCPT/HCPCS coverage, CMS NCD/LCD, payer policies, site-of-service bundling, prior auth burden
Manufacturing & QMS483 history, CAPA backlog, supplier controls, design history file completeness, QSR/21 CFR 820 gaps
Cybersecurity & PostmarketSBOM completeness, threat model, postmarket update plan, 524B readiness, recall and MAUDE history
IP & Freedom-to-OperatePatent thicket analysis, FTO opinions, design-around risk, trade-secret posture, licensing obligations
Commercial & Market AccessIDN contract landscape, GPO alignment, sales model, TAM rigor, competitor launch history
Financial & OperationalBurn 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 Screen 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 Screen

24 hours
$5,000
Triage-grade
  • Go/no-go read
  • Top-3 risk flags
  • Pathway sanity check
  • PDF deliverable
Start Quick Screen

Diligence Report

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

M&A Report

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 an M&A Report

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 Screen in 24 hours. If you want to start with a call first, we'll make time today.