That's an interesting idea. I talked with my wife about what they do -- they have two things going on.
First, is patient safety to interrupt a surge because the patient is strapped to a machine that, in turn, is tied to the LAN. What they do there is have the grounded/gas surge protector between the monitor and the LAN. Having a ground wire is considered part of the standard of care and mandated by the FDA.
Second is isolation of the patient from electronic noise. (They have multiple sensors detecting very faint electrical signals from the heart. Kind of like a super EKG.) This has to be very precise because they do ablations (surgery on the heart to stop irregular heart rhythms) while the patient is strapped up. For these "very local" connections they use the simple, non-grounded, isolators. They are typically less than $10.
The iFi silencer is one of these simple sub $10 devices, marked up.