ATLANTA, May 23, 2011 /PRNewswire/ -- CardioMEMS, Inc., an Atlanta-based medical device company that has developed and is commercializing a proprietary wireless sensing and communication technology for the human body, today announced that its founder and CEO, Jay Yadav, M.D., was presented with a Health-Care Heroes Award in the category of health-care innovations by the Atlanta Business Chronicle. The award was conferred on Dr. Yadav during a dinner ceremony last Thursday night at the Cobb Energy Centre.
The Health-Care Heroes awards are presented yearly by the Atlanta Business Chronicle to honor the people and organizations that demonstrate excellence and deserve recognition in the health-care community. Dr. Yadav was presented with the award in the health-care innovations category for the development of the Champion™ Heart Failure Monitoring System, the first permanently implantable, wireless, battery-free device that provides cardiac catheterization-type data from a patient's home. This revolutionary, proactive approach to heart failure patient management could significantly reduce the 1.1 million annual heart failure related hospitalizations that cost the U.S. healthcare system over $20 billion per year.
"The Champion™ Heart Failure Monitoring System has the potential to be one the most significant advancements in heart failure patient management in over a decade," said award nominator, John Huntz, Executive Director of Arcapita Ventures. Dr. Yadav works tirelessly to improve the lives of patients with heart failure who undergo numerous procedures and hospitalizations, and I'm gratified to see him recognized for his efforts. The Health-Care Innovations Heroes Award could not have gone to a more deserving individual."
"I am honored to receive this prestigious award," said Dr. Yadav. "Founding CardioMEMS and developing its unique technology has been a rewarding profess