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Archives for 2015

Healthcare Analytics Market to Reach $18.7B by 2020

by HITC Staff 08/20/2015 Leave a Comment

Healthcare Analytics Market Market, Healthcare Natural Language Processing Market

The global healthcare analytics market is expected to reach $18.7 Billion by 2020 from $5.8 Billion in 2015, according to a new market research report by MarketsandMarkets. Among end users, the healthcare providers segment is expected to grow at the highest CAGR during this forecast period. The demand in this market is highly driven by federal mandates such as the implementation of EHRs and ICD-10 code sets, shift towards value-based medicine, and the increased focus on quality care and reduced
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Zephyr Health Raises $17.5 M for Next Generation Solutions for Life Sciences

by HITC Staff 08/19/2015 Leave a Comment

Zephyr Health Raises $17.5 M for Next Generation Solutions for Life Sciences

Zephyr Health, an enterprise solutions provider harnessing the power of Healthcare Data to address critical business and patient needs has raised $17.5 million in Series C funding. The funding round was led by Google Venture including existing investors Kleiner Perkins Caufield & Byers and Icon Ventures. To date, the company has raised a total of $33.5 million in funding.  Founded in 2011 by William King, Zephyr Health is the leading insights-as-a-service company harnessing the power of
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Leidos Awarded $900M U.S. Army Medical Research Contract

by HITC Staff 08/19/2015 Leave a Comment

After winning the DoD EHR Modernization contract with Cerner, Leidos has been awarded a prime contract by the U.S. Army to provide medical product and research development to the U.S. Army Medical Research and Materiel Command (USAMRMC). The USAMRMC develops, acquires, provides, and sustains world-class solutions and capabilities to enable medical readiness globally.The multiple-award indefinite-delivery/indefinite-quantity contract has a five-year base period of performance, five-one year
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5 Reasons Why Physicians Are Frustrated with EHR Adoption

by Dr Saif Abed 08/19/2015 1 Comment

EHR Optimization EHRs Meaningful Use Stage 3_Ambulatory EHR_Specialty-Driven EHRs

EHR adoption is inevitable for healthcare, but physicians are increasingly frustrated. It's time we asked why. Whether it's the UK, US or Middle East it's clear that EHR systems are the future of healthcare. However, endless reports show that clinicians are increasingly unhappy with what they're being given and it's impacting technology adoption and eventually patient care. So what's going wrong? 1. Workflow Issues One of the biggest issues with EHR systems is that they often
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Medisafe Integrates with Human API Enabling Users to Import Their Medication Lists

by Jasmine Pennic 08/18/2015 Leave a Comment

 Medisafe, a mHealth platform for medication management with 1.9 million active users has announced integration with Human API data platform to import their medication lists from thousands of top hospitals and medical facilities. Starting now, users have the option to bring in their exact medication, with specifics including medication shape, color, dosage and frequency. Medisafe initially launched the medication import functionality via Human API on its iOS app, with Android to follow in a
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Health Plan Mergers: 5 Steps for Harvesting IT Integration Savings

by Our Thought Leaders 08/18/2015 Leave a Comment

Editor's Note: This post is written by Albert Ghafari, a founding partner and Bryan Komornik, a Senior Manager in the management consulting practice at Invoyent, a Chicago-based consulting firm dedicated to helping payer and software clients transform the healthcare industry by delivering clear, market-driven strategies that serve their customers and improve the lives of members.  The Aetna-Humana and Cigna-Anthem merger announcements represent a growing trend toward consolidation in
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New OR Workflows Helps Reduce $5 Billion in Supply Chain Waste

by Fred Pennic 08/18/2015 Leave a Comment

Every year, more than $5 billion is wasted on expired, lost or uncaptured medical device and implantable charges. While this supply chain waste is pervasive throughout entire health systems, the intricacy of managing high-value items is exceptionally demanding in the operating room (OR). To help address waste in the OR, Cardinal Health Inventory Management (CIMS) has launched new, cloud-based automated workflow modules for challenging-to-manage inventory such as biological implants, sutures, and
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Practice Fusion Appoints Interim CEO, Replacing Ryan Howard to Drive Next Phase of Growth

by HITC Staff 08/17/2015 Leave a Comment

Practice Fusion, a cloud-based EHR platform for doctors and patients has appointed Tom Langan, the current chief commercial officer, as interim CEO of the company, replacing Ryan Howard who will assume the position of Chairman of the Board. While the move to replace Howard seems abrupt, the Board of Directors felt the leadership transition was the best step to help the company accelerate commercial growth of its EHR platform. Tom Langan joined Practice Fusion from Symphony Health Solutions,
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Report: Consumers Are Willing to Share Health Data for Insurance Discounts

by HITC Staff 08/17/2015 Leave a Comment

Consumer willingness to share their personal health data in exchange for a health insurance discount varies by device used, ranging from 42% of digital pedometer owners to only 26% of those with a sleep-quality monitor, according to recent Digital health research from Parks Associates. Among smart watch owners, 35% are willing to share data from their device for a health insurance discount. Parks Associates report, Digitally Fit: Products and Services for Connected Consumers  assesses consumer
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Children’s Health Deploys Telehealth to 57 North Texas Schools

by Jasmine Pennic 08/17/2015 Leave a Comment

Telehealth Solution_Children's Health telehealth

After a successful telemedicine program pilot  in 27 schools last year, Children’s Health will soon deploy telehealth in 57 schools across Dallas, Grayson, Collin and Tarrant counties, Dallas Business Journal reports. The school-based telehealth program will include lab consultations, providing nurses the ability to conduct strep and flu tests. The program makes Children’s Health the only North Texas health care system providing telemedicine to local schools. How It Works The program was
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