The problem of insufficient elder care is one of the biggest issues facing the nation, so much so that it’s now one of top priorities for the White House and the President. Today at the White House Conference on Aging, Seth Sternberg, CEO of Honor is announcing a new initiative to donate $1 million in free in-home care across 10 cities and working with established care providing organizations in those communities to ensure this care goes to helping older Americans. The first city to benefit from
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Report: EMR Market to Grow at 7% Over Next 5 Years
The EMR market is expected to grow at 7 to 8 percent each year over the next five years according to recent report by Kalorama Information. The report, EMR 2015: The Market for Electronic Medical Records reveals that while the growth rate is lower than previous years, there are enough opportunities for vendors in consulting and training, system upgrades and poaching contracts from other vendors. Fear of penalties will also convince a few new customers to seek out services.
EMR Market
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Millennials: The Rising Generation of Health Hackers
We are in the midst of a healthcare revolution; however, one age group known as Millennials has developed a distrust of the U.S. healthcare system and it is driving them to spend more money now to remain healthy in the future. According to new research from Deep Focus's latest report, Spring/Summer 2015 Cassandra Report: Body, Mind, Soul, Millennials (ages 18-34) are finding alternative ways to support healthy and balanced lifestyles, using technology to “health hack” and track their health,
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5 Lessons the US Can Learn from Canada’s ICD-10 Transition
Like it or not, the clock is ticking down to ICD-10 transition. Despite physician angst and political pushback, ICD-10 coding will soon be underway. While the uncertainty of any grace-periods for providers remain, the question persists: Will October 1, 2015 be a day of progress for U.S healthcare or its day of reckoning?
According to the CDC, the new coding system that promises to improve data quality and streamline reimbursements will have nearly 19 times the procedural codes and five times
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Aetna to Buy Humana for $37B, Largest Insurance Deal Ever
Health care-insurance giant Aetna has agreed to acquire smaller rival Humana for $37 billion in cash and stock making it the largest ever deal in the insurance industry. The rapid consolidation in the U.S. health care industry. brings together Humana’s growing Medicare Advantage business with Aetna’s diversified portfolio and commercial capabilities to create a company serving the most seniors in the Medicare Advantage program and the second-largest managed care company in the nation.
Under
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Mount Sinai to Establish Precision Wellness Center to Advance Personalized Healthcare
Joshua Harris, co-Founder of Apollo Global Management, and his wife, Marjorie has made a $5 million gift to the Icahn School of Medicine at Mount Sinai to establish the Harris Center for Precision Wellness. As part of the part of the Icahn Institute for Genomics and Multiscale Biology, the new center will leverage innovative approaches to health monitoring and wellness management by integrating emerging technologies in digital health, data science, and genomics to enable people’s health to be
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Heal Nabs $5M for On-Demand Doctor House Calls
On-demand doctor house call service provider Heal has raised $5 million in seed funding led by Slow Ventures, March Capital, Pritzker Capital. The round also included numerous renowned angels, including: Dr. Paul Jacobs, Qualcomm Executive Chairman; James Lassiter, founder of Overbrook Entertainment; Stephen Rader, founder of Clarity Partners; Jamie McCourt; Lionel Richie; and Mike Wortsman, former President of Univision. The funding round brings the company’s total funding to $8.7
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Survey: Only 15% of Physicians Discuss Wearables with Patients
Only 15 percent of physicians are discussing wearables or health apps with patients, according to responses from 415 U.S. physicians surveyed by MedPanel. Despite the low number, physicians stated 38 percent of patients not using a wearable and 42 percent of patients not using an app could benefit from doing so. These findings come from the market research firm's latest three reports: "Physician recommendations of personal health wearables and apps: a channel to drive consumer adoption" and
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Population Health: 37 Healthcare Executives Define the Term
The term “population health” has been a buzzword in the health IT lexicon for the past few years. Driven largely by the healthcare industry’s transition from a volumes based model to value-based delivery, population health plays a key role in emphasizing the accountability of outcomes. The concept of population health was originally defined as “the health outcome of a group of individuals, including the distribution of such outcomes within the group” by David Kindig and Greg Stoddart in 2013.
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Cleveland Clinic Launches 24-Hour Telehealth Visits Via Mobile App
Cleveland Clinic is now offering 24-hour telehealth visits that allows Ohio-based patients to receive urgent care consults via smartphone, tablet or computer for just $49 dollars. The new telemedicine service called MyCareOnline is provided through Cleveland Clinic’s partnership with telehealth platform provider American Well.
“It’s tremendously more convenient, because people can be seen from home or work,” said Dr. Peter Rasmussen, the medical director for distance health at Cleveland
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