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Archives for 2015

Mount Sinai Health Selects InterSystems HealthShare

by HITC Staff 04/22/2015 Leave a Comment

Mount Sinai Health System Launches Telehealth Initiatives_Mount Sinai Launches EHR-Integrated Imaging Research Warehouse

 Mount Sinai Health System, an acclaimed integrated health system, has selected InterSystems HealthShare as its interoperability platform for long-term growth.  The HealthShare platform will also support Mount Sinai’s objectives to participate in government programs and value-based contracts to improve care quality, availability, and efficiency. Mount Sinai Health System is an integrated healthcare system providing exceptional medical care to local and global communities. Encompassing the
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11 Startups Building the Next Generation of Medical Sensors

by Shannon Dauphin Lee 04/22/2015 Leave a Comment

11 Startups Building the Next Generation of Medical Sensors

Medical sensors are everywhere, and the market continues to boom. In 2012, the medical sensor market was already worth $8 billion, and biosensors contribute more than 60% of that total revenue, according to Markets and Markets. The trend is all over the world, with 42 percent of the market share coming from North America, 32 percent from Europe, and the rest filled out by Asia Pacific countries. In 2015 alone, Pivotal reported that the consumer wearable sector is expected to grow by a
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Microsoft Unveils 2015 Health Innovation Awards Winners

by HITC Staff 04/22/2015 Leave a Comment

Microsoft Unveils 2015 Health Innovation Awards Winners

Each year, the Microsoft Health Innovation Awards showcases how innovative companies are using their technology to revolutionize medicine by bringing therapeutic breakthroughs to the market faster, to fight serious ailments, improve healthcare and enhance quality of life.  Announced during HIMSS15 last week, here is a look at this year's winners by each submission category: Innovation in Analytics: STE Consultants, LLC and ABPathfinder, Inc. ABPathfinder
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Geisinger Opens Genomic Research Center, Houses Telegenomics Program

by HITC Staff 04/21/2015 Leave a Comment

On Monday,  Geisinger Health System formally opened its cutting edge Precision Health Center during a ribbon-cutting ceremony. The 14,000-square-foot,$562,000 facility located in Forty Fort will be home to highly specialized teams from Geisinger's Clinical Genomics and Autism & Developmental Medicine Institute (ADMI), and will serve as the primary location for Geisinger Research in northeastern Pennsylvania. The center will house clinical research space as well as a patient care center
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CMS Commits $3B to Upgrade Medicaid-Enrollment Systems

by HITC Staff 04/21/2015 Leave a Comment

Meaningful Use Payments_CMS Report_EHR Incentive Payments

The Center for Medicare & Medicaid Services (CMS) is expected to spend $3 billion dollars between fiscal 2016 and fiscal 2025 to help states upgrade and maintain their Medicaid eligibility and enrollment systems, Modern Healthcare first reports. The increase stems from CMS permanently raising the matching rate to 90% from 50% for money that states spend on building Medicaid eligibility & enrollment systems, and from 50% to 75% for maintenance and operations of those systems. All
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Xerox Wins $565M NY Medicaid Management Contract

by HITC Staff 04/21/2015 Leave a Comment

Xerox Medicaid Management

Xerox will work with the state of New York to upgrade its Medicaid claims processing system to a next-generation technology platform that will help manage expanding Medicaid rolls, the company announced on Monday. Under a $564.9 million, five-year contract with the New York State Department of Health, Xerox will implement its Health Enterprise solution, a flexible, adaptable and analytical Medicaid Management Information System (MMIS). The system is one of the only platforms that can manage all
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Unofficial Guide to Apple ResearchKit Infographic

by HITC Staff 04/20/2015 Leave a Comment

Infographic created by Ultera Digital illustrates key facts about Apple ResearchKit, an open source software framework designed for medical and health research that helps doctors, scientists and other researchers gather data more frequently and more accurately from participants using mobile devices. 
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Home Health Technology Utilization to Reach 78M by 2020

by HITC Staff 04/20/2015 Leave a Comment

Home Care Management Startup eCaring Raises $3.5M in Series A Funding

  Consumers utilizing home health technology will increase from 14.3 million worldwide in 2014 to 78.5 million by 2020, according to a new report from Tractica. The report reveals home health technologies are emerging as a distinct segment within the larger mobile and digital health market. Key factors driving the utilization of home health dinclude: - the ability to remotely monitor patients with chronic conditions - conduct virtual physician consultations (eVisits) is being seen
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Healthcare On-Demand, Airbnb Style

by David Brooks 04/20/2015 Leave a Comment

Healthcare On-Demand, Airbnb Style

If healthcare is becoming “cashified” as I previously discussed, and I am buying healthcare services on my own - I want an experience like Airbnb. The realization came on a flight back from San Diego. We had just met with a potential investor who was incredibly interested in our startup, but who ultimately balked when he learned how long it takes health systems to make purchasing decisions. True enough, but a little oblique of our actual business model... Ah rejection, like a pair of fuzzy
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60M Households Will Own at Least 1 Fitness Tracker by 2019

by HITC Staff 04/17/2015 Leave a Comment

Connected Fitness Trackers

60 million U.S. households will own at least one connected fitness tracker by 2019, according to new report from recently released research from Parks Associates.  "Standards-based connectivity technologies such as Bluetooth/Bluetooth Smart have been key enablers for wearable mobile device platforms such as fitness trackers and smart watches," Mehta said. "These new device platforms are leveraging Bluetooth connectivity to open up a range of applications and use cases ranging from fitness and
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