The global mobile health market was valued at $10.5 billion in 2014 and is expected to grow at a CAGR of 33.5% during 2015-2020, according to a new report by Allied Market Research. Blood pressure monitors hold the largest share in the global mHealth device market followed by blood glucose monitors and cardiac monitors. The large share of these monitors can be attributed to increased affordability of mobile compatible devices, integration of innovative technologies in monitoring devices and the
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Archives for 2015
Walgreens Plans to Expand Telehealth Platform to 25 States
Walgreens, in collaboration with telehealth platform provider MDLIVE, today announced an expansion of its telehealth platform to users in Colorado, Illinois and Washington. Additionally, the company announced users can now access the platform via the Walgreens website on desktop and tablet devices, in states where the service is currently offered.
Walgreens and MDLIVE first launched the platform last December through the Walgreens mobile application in California and Michigan. The
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Modernizing Medicine’s CEO Talks Revolutionizing EMRs through IBM Watson
When we think about electronic medical records (EMR), lots things come to mind including the hiccups and headaches that have come with the technology’s lack features and functionality over the years. But that’s all changing, according to Modernizing Medicine’s CEO Dan Cane; EMRs are evolving to better assist physicians in unprecedented ways.
Cane should know since he’s helping his Boca Raton, FL-based company lead the way in developing a new league of sophisticated EMR technology across a
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55% of Millennials Would Trust A Health App Over Health Professionals
Fifty-five percent of millennials who live with diabetes stated they would trust a health app over a health professional for advice. The same number stated they are connecting with their doctors more frequently because of health apps, according to Telcare's first National Diabetes Awareness Index. The mobile diabetes management provider developed the Index to measure consumer awareness about diabetes and attitudes towards the use of technology in healthcare.
The index findings reflect a
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PwC: Healthcare Spending Growth Rate to Dip 6.5% in 2016
Spending growth in the $2.9 trillion US health economy is expected to slow in 2016 as compared to 2015; however, it will still outpace overall economic inflation. Stock prices, earnings reports and the customer base have increased and that means the industry is financially healthy. Sadly, affordable healthcare remains out-of-reach for many consumers.
PwC’s Health Research Institute (HRI) projects the U.S. healthcare spending growth rate will dip to 6.5 percent in 2016, capping a
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Ochsner Health Launches Healthgrades-powered Appt Scheduling for Epic EHR
Healthgrades and Ochsner Health System has announced the availability of online appointment scheduling, enabling consumers to book real-time, online appointments with Ochsner doctors who utilize the Epic EHR. Today, more than one million people a day use the Healthgrades websites to search, compare and connect with hospitals and physicians based on the most important measures when selecting a healthcare provider: experience, hospital quality and patient satisfaction.
Online Scheduling
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New Bill Proposes 2 Year ICD-10 Grace Period
A new bill introduced into the US House of Representatives introduced by Rep. Gary Palmer (R-AL-6) on June 4 proposes a two-year “grace period” for accepting codes submitted in ICD-10-CM/PCS. The bill, H.R. 2652, Protecting Patients and Physicians Against Coding Act of 2015, would establish a two-year ICD-10 grace period during which physicians and other health care providers submitting claims and other documents using ICD–10 are not penalized for errors, mistakes, and malfunctions relating to
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American Well Sues Teladoc for Patent Infringement
Telehealth provider American Well has filed a lawsuit against competitor Teladoc for patent infringement for the Teladoc telehealth service offering (“the Teladoc System”).
“Teladoc has infringed American Well’s intellectual property,” said Ido Schoenberg, CEO of American Well in an official statement. “While a transparent and competitive landscape is an imperative for innovation, Teladoc has unfairly disregarded American Well’s ownership rights to advance its business. We developed and
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Steven J. Stack, M.D., Inaugurated as New President of AMA
Steven J. Stack, M.D., an emergency physician practicing in Lexington, Ky., has been sworn in as the 170th president of the American Medical Association (AMA). Stack is the first emergency physician to serve in the role and the organization’s youngest president in the last 160 years.
The newest president will focus his tenure on advancing the AMA’s three strategic areas: improving health outcomes for the 86 million Americans living with pre-diabetes and the 70 million with hypertension;
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Seed Accelerator Health Wildcatters Startups Raise $10M
Health Wildcatters, a Dallas-based mentorship-driven healthcare seed accelerator, announced cumulative fundraising results from its two startup classes today, reporting that the 22 companies collectively raised more than $10 million in the two years since the program began.
The announcement comes just ahead of the June 15 deadline for startups to apply to the 2015 accelerator program and become a part of Health Wildcatters’ third startup class. Last month Health Wildcatters announced results
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