Those in the healthcare industry are at great risk for data breaches, according to the 2014 Experian Data Breach Industry Forecast. Those working in the healthcare industry must be careful to adhere to the new privacy and data breach regulations in the HIPAA Omnibus Rule. Those who do not comply will most probably face heftier fines due to HIPAA’s new requirements. The response to this has been a surge in investment in cyber insurance policies.
Read More
Total of 14 Revenue Cycle M&A Deals Worth $310M Occured Over the Past Year
A total of 14 revenue cycle M&A deals worth $310 million occurred over the past twelve months ending on March 31, 2014, according to Greenberg Advisors, an M&A advisory firm that specializes in assisting owners and investors in Revenue Cycle Management (RCM) and related financial services firms. Information and other key data, was compiled from Greenberg Advisors' proprietary database of M&A transactions.
Read More
The State of Private Health Insurance Exchange Adoption in 2014
Array Health, provider of private health insurance exchange technology has released a report which reveals consumer-focused shopping and enrollment is the most valuable capability for a successful private exchange, according to opinions of healthcare industry professionals.
The results, collected May 2014, indicate continued growth for the private exchange market, as more than 75 percent of respondents believe most insurers will offer proprietary exchanges by the end of 2016. Consumers are
Read More
Health Wildcatters First Class Raises $5M in Funding 6 Months After Pitch Day
Health Wildcatters’ (HW) alumni startups are celebrating the accomplishment of raising almost $5M in funding only six short months after pitch day. The first HW Class had twelve diverse companies that are changing the way healthcare is delivered and practiced. With more mature healthcare focused accelerators and incubators out there, this is a good sign the program is establishing itself as an established program for promising healthcare innovators.
Read More
Telehealth Startup VoCare Announces Partnership with Motorola
VoCare, Inc.—Powered by Motorola offers a comprehensive telehealth product for the elderly and chronically ill that combines its MySimpleOne smart phone with unlimited voice, text, and data, along with a Personal Emergency Response System (PERS) safety button, medical peripherals; charging base and speakerphone, to form a comprehensive FDA cleared remote patient monitoring solution. The VoCare solution is offered directly to consumers as a pre-packaged kit that includes a combination of
Read More
Is Apple’s HealthKit Really Revolutionary?
In order for Apple's HealthKit to be truly revolutionary, both consumers and providers have to adopt it. Otherwise, it’s just another level of interface for the apps that people already have sitting next to each other on their iPhones. Dr. Subbarao Myla explains.
This week, Apple unveiled their digital health tracking platform HealthKit at WWDC. Simply called "Health" in i0S8, the platform will be used as a central location on the device to track health data from apps and devices used for
Read More
Doctor Performs First U.S. Robotic Kidney Transplants Using a Revolutionary Cooling Technique
Dr.Mahendra Bhandari, CEO of the Vattikuti Foundation announced that the ongoing Foundation-funded robotic kidney transplant project has had the three first robotic kidney transplants successfully completed in Detroit. Robotic Kidney Transplantation with Regional Hypothermia was the first medical study in the world to use a novel method of cooling a donated kidney before it is placed in the patient. The surrounding tissue and kidney are also cooled inside the body with more ice while it is
Read More
Addressing ACA Data Security Challenges To Streamline Healthcare Operations
This post is sponsored by Accellion.
Nina Seth, Accellion's healthcare expert, discusses the ACA data security challenges and explores the move towards utilizing technology to streamline healthcare operations.
As have most areas, the healthcare industry is beginning to fall victim to consumerization. Its an interesting shift, because while healthcare services are built upon the fact that human beings need individual support and care, much of the industry has run for decades as if its
Read More
Top 3 Investment Areas for Population Health Management
Advisory Board survey results explore trends in the top three investment areas for population health management
The Care Transformation Center at the Advisory Board surveyed 180 healthcare provider systems, standalone community hospitals, academic medical centers, and physician practices from July-October 2013 to offer a unique snapshot of population health managers' investment priorities. Key highlights of the survey include:
Read More
8 Best Practices to Improve Patient Payments
New white paper from AdvancedMD offers eight best practices to improve patient payments
Private practices are now among the largest unsecured credit grantors in the country. In fact, more than $1 out of every $4 of practice revenue is the patient's responsibility. How did we get to this point? As the money from insurance companies decreases, patient portions have increased. As a result, both patient liability and bad debt are on the rise and healthcare providers are experiencing unprecedented
Read More
