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Archives for 2015

6 Startups Selected as Finalists in Mayo Clinic’s THINK BIG Challenge

by HITC Staff 09/18/2015 Leave a Comment

Six digital health startups have been selected as finalists in the first Mayo Clinic THINK BIG Challenge and will compete on Oct. 1 at Transform 2015 for two $50,000 awards.  Sponsored by Mayo Clinic Center for Innovation (CFI), Mayo Ventures and AVIA Health Innovation, the Mayo Clinic THINK BIG Challenge celebrates innovative ideas in two areas: - Got Health – promoting health maintenance and prevention - I Am Not My Disease – helping people with chronic illnesses live better,
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4 Optimistic Reasons about the Ongoing Transformation of Healthcare

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 09/17/2015 1 Comment

Irv Lichtenwald, Medsphere Systems CEO

None of us would have the jobs we currently occupy without some ability to focus on details. Running a company, developing IT systems, managing a hospital, seeing patients and evaluating their concerns—all require the ability to dig deep and identify root causes and effective solutions. But maybe that focus on the trees blinds us to changes in the forest, to use a well-worn aphorism. With that broader perspective in mind, I’d like to suggest four reasons for optimism as we continue to move
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Report: 5 Ways to Create A Culture of Innovation in Healthcare

by Jasmine Pennic 09/17/2015 Leave a Comment

Is healthcare innovation broken? According to a recent global survey of seniors executives conducted by PA Consulting Group, much of the healthcare industry's problem with innovation comes down to internal, structural resistance to change. Despite these obstacles, the healthcare leaders assert there is no shortage of good ideas in their organizations.  Barriers/Challenges to Healthcare Innovation Healthcare senior executives identified the following four biggest challenges to healthcare
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Healthcare M&A: 5 Step Guide to Thinking Like A Successful Portfolio Manager

by Jasmine Pennic 09/17/2015 Leave a Comment

Healthcare M&A in the US reached $241B by May 2015, the highest year-to-date volume ever recorded. Healthcare providers are making these acquisitions to gain economies of scale; shift from volume-based to value-based care; address local market characteristics to remain competitive; better appeal to consumer wants and needs; and expand their digital health and ehealth capabilities, according to a new report from Accenture.  While this new wave of M&A growth expands a set of strategic
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American Well vs Teladoc Telehealth Trademark Battle Leaning Teladoc’s Way

by Jasmine Pennic 09/17/2015 Leave a Comment

Virtua Selets Teladoc to Offer Telehealth Visits In Southern New Jersey

This week, the U.S. Patent & Trademark Office (PTO) has agreed to move forward with Teladoc’s case to invalidate a patent held by rival American Well Corporation. The PTO’s order to proceed with the case, issued September 14, noted that Teladoc has a “likelihood” of prevailing.  “As the pioneer and leader in telehealth, Teladoc has the responsibility to protect consumers’ access to health innovations like telehealth,” said Jason Gorevic, chief executive officer of Teladoc in an official
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FBI issues IoT Security Warning for Medical Devices, Wearables

by Fred Pennic 09/17/2015 Leave a Comment

The Internet of Things (IoT) refers to any object or device which connects to the Internet to automatically send and/or receive data may pose serious security risks for medical devices and wearables, according to an FBI public service announcement. For healthcare, medical devices, such as wireless heart monitors or insulin dispensers and wearables e.g. fitness devices could provide opportunities for cyber criminals to intrude upon private networks and gain access to other devices and information
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Senator Calls For Delay in Making Final Rules for MU Stage 3

by Fred Pennic 09/17/2015 Leave a Comment

Sen. Alexander: Gov't Should Not Force Meaningful Use Adoption

Sen. Lamar Alexander (R-Tenn.), chairman of the Senate Health, Education, Labor and Pensions Committee (HELP), on Wednesday called for a delay until January 1, 2017, of making final rules for Meaningful Use Stage 3. Alexander is urging that MU Stage 3 requirements should then be phased in at a rate that reflects how successfully the program is being implemented. Additionally, the modified rules proposed for MU Stage 2 should be adopted immediately because it will help most doctors and hospitals
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Lumity Nabs $14M to Let Data Optimize Employee Health Plans

by HITC Staff 09/17/2015 Leave a Comment

Palo Alto, CA-based Lumity, a data driven benefits platform that optimizes employee health plans, announced it has raised $14M in Series A funding led by The Social+Capital Partnership with participation from True Ventures and Rock Health. Through real-time insights and predictive models, Lumity's benefits platform helps employers and employees use data to collaborate on choosing health plans that drive value and fit employee needs. The funding round will be used to help accelerate the rollout
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CHIME Appoints 3 New Members to Board of Trustees

by HITC Staff 09/16/2015 Leave a Comment

CHIME Strongly Recommends 1 Year Extension to Meaningful Use Stage 2

The College of Healthcare Information Management Executives (CHIME) has announced the election of members Cletis Earle, Theresa Meadows, R.N., CHCIO, and Donna Roach, CHCIO, to its board of trustees.   Earle is the chief information officer at St. Luke’s Cornwall Hospital, Newburgh, NY. Since joining CHIME in 2006, he has been active in both regional and national activities. Earle is the co-chair of StateNet in New York. CHIME’s StateNet fosters information sharing and networking
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Validic Selected As Digital Health Technology Provider For National On The Move Wellness Challenge

by HITC Staff 09/16/2015

Keep your Eyes on Mobile Health Startup Validic

Validic, a leading digital health platform, announced today its selection by WELCOA, the Wellness Council of America, to power the National On The Move Wellness Challenge. The On The Move competition is focused on fueling national corporate health initiatives to combat physical inactivity and initiate behavior change. On The Move Overview On The Move is a completely turnkey, 12-week challenge designed to engage employees in physical activity, help better manage their stress levels, and
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