In 2015, the Experience Innovation Network published the first study focused on the evolving role of the CXO in healthcare. The report established a benchmark for the industry, revealing priorities, resources, and responsibilities of these emerging change agents. Last week, the Experience Innovation Network released its second annual Chief Experience Officer (CXO) Report, “The Rise of the Healthcare Chief Experience Officer.” For the 2016 research report, more than 100 leaders from in-patient
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ID Genomics Awarded $3.5M NIH Grant To Develop Genetic Barcoding Database for Antibiotic Treatment
Seattle biotech startup ID Genomics has been awarded a $3 million National Institutes of Health (NIH) grant to develop a genetic "barcoding" test and global database to help doctors prescribe the correct antibiotic before patients leave the clinic.The rapid (30-minute) genetic “barcoding” test uniquely identifies bacterial strains that are stored in a proprietary database and linked to particular antibiotic resistance profiles. This database can then be used by doctors to quickly identify
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Private Equity Firm Acquires Urgent Care EMR DocuTap
DocuTAP, a provider of EMR / EHR software, practice management systems, and revenue cycle services for urgent care clinics has been acquired by private equity firm Warburg Pincus. Founded in 2000 by CEO Eric McDonald, DocuTap's EMR and practice management solution serves more than 1,300 urgent care and primary care clinics and has added 350 urgent care clinics to its network in the last year alone. Financial terms of the deal were not disclosed.
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UC San Diego Bioengineers Create Google-like Search Engine for Functional Genomics Data
University of California San Diego bioengineers have created what is arguably the first Google-like search engine for functional genomics data, according to recent work published in the journal Nucleic Acids Research. The new search engine called GeNemo is a combination of "Ge" from the word gene and Nemo from the movie "Finding Nemo." According to the researchers, this is the first software to be released for executing functional genomic data searches online.GeNemo Search Engine OverviewLed
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MedData Acquires Duet Health: 6 Things to Know
MedData, a provider of patient-focused revenue cycle management services has acquired Columbus, Ohio-based patient engagement company Duet Health.Founded in 2009, Duet provides multi-platform software products that empower hospitals, health systems, and providers to better communicate and engage with their patient populations. The robust Patient Intelligence Center provides real-time monitoring of every click, transaction, and entry to create more meaningful patient interactions and improve
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Cardiac Insight Lands $2.5M for Portable, Hand-held ECG Device
Cardiac Insight, a University of Washington spinoff focused on developing advanced body-worn sensing for diagnostic testing in cardiology has raised $2.5 million in Series C funding. The company will utilize the funding to accelerate the market penetration of it's CardeaScreen™ product as well as finalize the development of the company’s proprietary wearable sensor technology.Cardea’s flagship product is the CardeaScreen, is a 12-lead electrocardiogram (ECG) exam that helps identify young
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DAS Health Acquires Jackson Key Practice Solutions EHR Business
DAS Health, a provider of patient-centric health IT and management services has acquired the EHR and Practice Management business of Jackson Key Practice Solutions, an Alabama-based reseller of RCM solutions, Practice Management, and EHR technologies. The acquisition marks the third by DAS Health in the past seven months and will further enhance DAS Health’s geographical footprint and strengthen the company’s position as the largest national reseller of Aprima Medical Software.DAS Health boasts
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100k Sign Up for Geisinger’s Genomic Biobank & DNA Sequencing Study
Geisinger Health System, an integrated health system announced that 100k recruits have signed up for the provider's biobank & DNA sequencing study known as the MyCode Community Health Initiative. Launched in January 2014 in collaboration with the Regeneron Genetics Center, the MyCode Community Health Initiative originally set out to recruit 100k study participants; however, researchers are now setting a new goal of at least 250k. The information gleaned from the MyCode study will contribute
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Revenue Cycle Management Market to Reach $40.4B by 2021
The revenue cycle management market currently valued at $20.5 billion is estimated to reach $40.4 billion by 2021, at a developing CAGR of 12.0% from 2016 to 2021, according to a new report from MicroMarketMonitor. Revenue cycle management starts when a patient enters the hospital, thereby automating business processes and leading to speedy follow ups, which encompasses patient and payer follow-ups. Errors in revenue cycle management results in between a 3% to 5% loss of revenues in
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State of Digital Health Innovation Report: 8 Key Things to Know
Enspektos, LLC, a leading innovation consultancy, announced today the results from Wave 1 of its State of Digital Health Innovation Study. This research initiative is designed to help the global health ecosystem understand how organizations are progressing in their digital innovation efforts. According to this research, only 5% of health organizations globally are operating at the highest level of proficiency and expertise when it comes to their digital innovation efforts. This includes having
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