The global market for wearable medical devices is expected to nearly $19.5 billion in 2021 at a compound annual growth rate (CAGR) of 28.8% for 2016-2021, according to a new report from Report Linker. The report reveals that the U.S. market for wearable medical devices is expected to grow from $2.5 billion in 2016 to nearly $8.7 billion in 2021 at a CAGR of 27.9% from 2016 through 2021. The rising elderly population, dysfunctional lifestyles, and the rising concern of patients toward their
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Philips Launches EHR-Integrated Patient Monitoring Solution for Clinicians
philipPhilips has announced the launch of their next-generation Patient Monitoring solution, an enterprise-wide system that consists of bedside, transport, mobile and central station monitoring technology backed by a new approach of consulting, training, service and customer support.Helping Clinicians Improve Patient CareWhen patients are admitted to the hospital, they are frequently transferred between departments, which can make it difficult for clinicians to obtain complete data from
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GlobalMed Lands DoD Contract for Telemedicine Care
This week, GlobalMed announced it has been awarded the authority to operate on U.S. DoD networks, providing telehealth and telemedicine services globally to active duty military personnel, veterans, their families – and when there is a need as part of a disaster recovery operation. GlobalMed is the first provider of HIPAA-compliant clinical video collaboration to obtain an ATO. This much coveted certification enables GlobalMed to put their virtual health applications, hardware and software
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Methodist Family Health Centers Launches Virtual Care Service
Methodist Family Health Centers, a part of Methodist Medical Group and affiliate of Methodist Health System, today announced the launch of Methodist NOW – an online diagnosis and treatment service that enables patients to receive convenient access to care by connecting them virtually with trusted Methodist Family Health Center providers.Methodist NOW is powered by Zipnosis, a virtual care company that enables health systems to provide virtual care services, meeting the needs of patients while
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Arcadia Healthcare Integrates Aggregated Data Into MEDITECH’s Web EHR
Enterprise EHR vendor MEDITECH has announced a collaboration with Arcadia Healthcare Solutions to integrate aggregated data into MEDITECH's Web EHR and Analytics solution for improved population health management. This integration is a major step forward in the blend of MEDITECH's enterprise clinical database, which spans across the healthcare continuum, with claims data, other-vendor EHR data, and additional Arcadia-derived elements. MEDITECH chose Arcadia based on its leadership position as a
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Innovaccer Launches EMR-Integrated Point of Care Solution for Physicians
There is an epidemic of physician burnout in the US healthcare landscape. It has a pervasive negative effect on all aspects of medical care with complex nature of EMRs arguably being the major reason for it. For many physicians, the current state of EHR technology is dividing physicians' focus with information overload, data entry, and less on value-based care.To that front, Innovaccer is launching Innovaccer InAssist, a point-of-care tool for physicians which smartly integrates with a
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Predictive Technology Group to Acquire FlagshipHealth Group
Predictive Technology Group, Inc., a provider of data analytics for disease identification and subsequent therapeutic intervention through unique biotechnology treatments has finalized an arrangement for the acquisition of FlagshipHealth Group, a Minneapolis-based provider of sales and consulting services for the healthcare industry.The business combination provides essential resources for Predictive Technology Group to develop, launch, and grow its services directed at limiting disease and
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Change Healthcare Unveils Enterprise Healthcare Blockchain Solution for Claims Management
On Monday, Change Healthcare announced the general availability of its blockchain-enabled Intelligent Healthcare Network featuring claims management transparency, making it the first enterprise-scale blockchain in healthcare. Leveraging blockchain technology, organizations can accurately track, in real time, the status of claims submission and remittance across the complete claim lifecycle. In addition to improving transparency and efficiency, the incorporation of blockchain technology in the
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Allscripts to Acquire Practice Fusion’s Physician Practice EHR for $100M
Allscripts has reached a definitive agreement to acquire cloud-based EHR platform Practice Fusion for $100 million in cash, subject to adjustment for working capital and net debt. Founded in 2005, Practice Fusion offers an affordable certified cloud-based EHR for traditionally hard-to-reach small, independent physician practices, supporting 30,000 ambulatory practices and 5 million patient visits a month.The strategic acquisition of Practice Fusion will complement and round out Allscripts
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Tempus, Vanderbilt-Ingram Cancer Center Collaborate on Personalized Cancer Initiative
Tempus, a Chicago-based technology company focused on helping doctors personalize cancer care by collecting and analyzing large volumes of molecular and clinical data, and Vanderbilt-Ingram Cancer Center (VICC) have announced a new collaboration to improve outcomes for cancer patients. As part of the initial research project, Tempus will use its Tempus O platform to ingest and structure clinical data from the cancer center’s electronic health record. Tempus also will provide next generation
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