CVS Health today announced the official opening of its Digital Innovation Lab in Boston, a facility that is focused on developing cutting-edge digital services and personalized capabilities that offer an accessible and integrated personal pharmacy and health experience. The Lab will serve as a vital hub for the rapidly growing digital team at CVS Health, which will remain headquartered in Woonsocket, R.I.
"At CVS Health, everything we do is to help people on their path to better health, and
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Archives for 2015
Hill-Rom to Acquire Welch Allyn for $2.05B
Hill-Rom, a provider of hospital equipment, medical devices and surgical products, will acquire Welch Allyn for approximately $2.05 billion in cash and stock. Under the terms of the agreement, Welch Allyn shareholders will receive $1.625 billion in cash and approximately 8.1 million newly-issued shares of Hill-Rom common stock. After the acquisition is closed, which is slated before the end of September 2015, Welch Allyn shareholders will own approximately 13 percent of the combined
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Doctor on Demand Raises $50M for Telehealth Video Visits
Doctor On Demand has closed a $50 million round of Series B financing to fuel the rapid expansion of its telehealth video visits platform. The round was led by Tenaya Capital along with investors Qualcomm Ventures, Dignity Health, and 23andMe CEO Anne Wojcicki. Existing investors, Venrock, Shasta Ventures, and Sir Richard Branson also participated in the round. To date, Doctor On Demand has now raised more than $74 million in total funding.
Available on iPhone, iPad,Android and desktop,
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Tute Genomics Raises $3.9M to Enable Genome-guided Medicine
Tute Genomics, a cloud-based platform that can rapidly analyze and annotate personal genomes has raised over $3.9 million in Series A funding from a strategic group of investors, including internationally recognized Intermountain Healthcare, an integrated network of 22 hospitals and 185 physician clinics. Other major investors include Healthbox, a platform for innovation and entrepreneurship in healthcare, and China-based Tencent, one of the largest Internet companies in the world.
Tute
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Do We Really Understand Documentation Requirements for ICD-10 PCS?
Editor's Note: Dr. Jon Elion is the founder and CEO of ChartWise Medical Systems, He is a practicing board-certified cardiologist in Providence, RI and an Associate Professor of Medicine at Brown University.
After decades of experience with ICD-9, we have learned and come to grips with its quirks. We do not yet have that comfort level with ICD-10 -- after all, it’s still pretty new to most of us in the U.S. I’m not really concerned about the diagnosis side of ICD-10 and its Clinical
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AliveCor’s ECG App Now Includes Heart Journal & Beat Fluctuation
AliveCor, Inc., the leader in FDA-cleared ECG technology for smartphones has launched of the latest version of its AliveECG app. The new version of the AliveECG App includes The Heart Journal, a feature that allows users to log and tag daily activities, symptoms and events in real-time that can impact heart health and work to identify abnormalities. It also introduces a new metric called Beat Fluctuation, a measure of how much the heartbeat changes from beat to beat in ECG (or EKG) recordings.
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Philips, WMCHealth Announce $500M Partnership to Transform Patient Care
Philips and Westchester Medical Center Health Network (WMCHealth) announced a $500 million, multi-year partnership to transform and improve healthcare for millions of patients across New York’s Hudson Valley.
Building on its success with strategic managed services enterprise partnerships around the world, including Georgia Regents Medical Center, the deal reinforces Philips leadership in teaming with health systems in new ways to help them thrive in an evolving and increasingly competitive
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Mostashari’s Startup Aledade Raises $30M to Fuel Value-Based Care
Dr. Farzad Mostashari's digital health startup Aledade announced it has raised a $30 million Series B funding round to fuel the company’s work to partner with independent primary care physicians and create accountable care organizations (ACOs). The funding round was led by ARCH Venture Partners, and includes an additional investment from Series A investor Venrock.
The additional funding will help establish:
- new Accountable Care Organizations (ACOs) and expand existing ones and expand
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6 Reasons Why ICD-10 Safe Harbor Is Dangerous for Healthcare Delivery
Editor's Note: The Coalition for ICD-10 has issued the following statement in response to the recent efforts to create a "safe harbor" for physicians, which would prohibit claims from being denied due to incorrect or unspecified ICD-10 codes, will result in dangerous consequences for the healthcare delivery system.
Multiple bills have been introduced in Congress that create a “safe harbor” for physicians by prohibiting claims from being denied “due solely to the use of an unspecified or
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FDA To Use Patient-Reported Data From PatientsLikeMe for Drug Safety Insights
PatientsLikeMe and the FDA have signed a research collaboration agreement to determine how patient-reported data can give new insights into drug safety. Under the collaboration, PatientsLikeMe and the FDA will systematically explore the potential of patient-generated data to inform regulatory review activities related to risk assessment and risk management.
The cornerstone of the FDA’s post-approval drug safety surveillance is a spontaneous reporting system consisting of individual case safety
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