Even though the overall U.S. economy is improving, let’s face it – the healthcare reimbursement system remains brutal. Many medical groups continue to struggle, looking for relief from the mounting pressures on their profitability. Declining reimbursements (60%); rising costs (50%); requirements from the Affordable Care Act (49%); and the transition to ICD-10 (43%) top the list of financial challenges that more than 5,000 physicians reported in the Practice Profitability
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Archives for 2015
Interface Health Launches Global Digital Health Accelerator
Interface Health Society, a not-for-profit digital health organization based in Vancouver, BC, has officially launched Interface Health, which is a global digital health accelerator and online community. The accelerator is a place for digital health innovators to find the resources they need, anytime, anywhere. That means faster access, reduced costs, improved experiences and better outcomes for everybody. Interface Health is an integrated multi-platform consisting of an annual global
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KLAS: Epic, Cerner Rated Highest for Acute Care EMR Usability
Physician leadership at 110 healthcare organizations have rated Epic and Cerner highest for acute care EMR usability over the past two years, according to the latest KLAS report. The latest KLAS report, entitled “Physician Leadership Weighs In on Acute Care EMR Usability,” finds:
- Epic leads the industry in usability performance
- Cerner’s customers are making the most usability progress
- MEDITECH has distinguishes themselves as having "made up the most ground."
KLAS Report
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Imprivata Acquires Biometric Patient ID Provider HT Systems
Boston-based health IT security company Imprivata announced today it has acquired HT Systems, the market leading provider of palm-vein based biometric patient identification systems, to enter into the emerging patient identification market, which Imprivata estimates to be approximately $2.0 billion globally. The acquisition of HT Systems and its PatientSecure® biometric patient identification technology supports Imprivata’s long-term vision to be the leading provider of
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Former Hospital CFO Ordered to Pay $4.5M for Meaningful Use Fraud
Former Shelby Regional Medical Center CFO, Joe White has been ordered to pay more than $4.5 million in restitution for his role in a meaningful use fraud scheme, KXXV first reports. White pleaded guilty for directed its EHR vendor, eCareSoft and hospital employees to manually enter data from paper records into the EHR system after the patient was discharged to meet the MU thresholds criteria. Additionally, White also made false statements regarding other hospitals had successfully converting to
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Senate Health Committee Announce EHR Improvement Workgroups
On Wednesday, Senate health committee Chairman Lamar Alexander (R-Tenn.) and Ranking Member Patty Murray (D-Wash.) announced a bipartisan, full committee working group to identify ways to improve electronic health records (EHRs).
“After $28 billion in taxpayer dollars spent subsidizing electronic health records, doctors don’t like these electronic medical record systems and say they disrupt workflow, interrupt the doctor-patient relationship and haven’t been worth the effort,” said
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Telehealth Giant Teladoc Files for IPO
On late Tuesday this week, Dallas-based telehealth provider, Teladoc filed a confidential draft registration form for an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC), WSJ reports. Founded in 2002, the company emerged as an early leader in the growing telehealth space as self-insured employers and insurance companies look for ways to cut healthcare costs by providing a video visits platform for doctors and patients.
The company has raised more than $100
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12 Emerging Technologies That Will Revolutionize Neurological & Psychiatric Care
On Wednesday, Boston-based Partners HealthCare announced its selections for their first annual “Disruptive Dozen” that highlights 12 emerging technology that can potentially revolutionize neurological and psychiatric care over the next decade. Partners developed the “Disruptive Dozen” to reinforce its commitment to embrace medical innovations that can deliver the best care possible to its patients. The technologies were featured as part of the World Medical Innovation Forum held in Boston this
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Connected Health Researcher Wins Google Wearables Healthcare Challenge
Professor Brian Caulfield, a connected health researcher from University College Dublin (UCD), has won the 2015 Google Wearables in Healthcare Pilot Challenge for his successful orthopedic rehab surgery platform project using mobile phones, Silicon Republic reports. The challenge held last week at Google’s headquarters in Cambridge, Massachusetts was organized by Medistro in partnership with MedTech Boston and Google.
Prof. Caulfield’s wearable orthopedic rehab support platform provides
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Intel-GE Care, UMMC to Evaluate New Models of Care Using Remote Patient Monitoring
Intel-GE Care Innovations, a joint venture between Intel Corporation and GE Healthcare is expanding its relationship with the Center for Telehealth at the University of Mississippi Medical Center (UMMC) to establish an Innovation Living Lab. The new Innovation Living Lab will create and evaluate new models of care using remote care management technology and approaches to patient behavior change that will facilitate improvements in health outcomes.
On Feb. 24, UMMC announced its plans for
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