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Fred Pennic

3 Trends Reshaping the Healthcare Cloud in 2015

by Fred Pennic 12/30/2014 Leave a Comment

Healthcare Cloud

  96 percent of healthcare organizations are using or considering using the cloud, according to the Dell Global Technology Adoption Index. In fact, healthcare organizations that are already using the healthcare cloud 2015 has reduced their IT costs by an average of 20 percent annually. So what's in store for the healthcare cloud in 2015? We sat down with Stephen Piazza, Chief Technology Officer at Invidasys to learn more about how the cloud is reshaping healthcare IT in 2015.  Q. What
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How Epic Competes Against Silicon Valley to Recruit Talent

by Fred Pennic 12/29/2014 Leave a Comment

Epic Systems to Offer Remote Hosting to Clients in 2015

Epic Systems, the dominating EHR leader has been making headlines not just for its growth, but for another interesting reason as well. The Wisconsin-based software company is led by quirky and media shy Judy Faulkner, who is the brain and motivation for the look and feel of the over 1000 acre campus that was formerly a farmland. The company was started in 1979 in Verona, a farming suburb of Madison. What started as a small firm has since grown to over 8000 employees working on the campus. It
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First Opinion Raises $6M To Expand Its Text-A-Doctor App

by Fred Pennic 12/19/2014 Leave a Comment

First Opinion Raises $6M To Expand Its Text-A-Doctor Ap

First Opinion, an iOS mobile app that provides users remote personal health consultations with physicians, today announced a $6 million series A funding round led by Polaris Partners and existing Investors True Ventures, Felicis Ventures, Scrum Ventures and Monashees Capital.  Studies from the American Medical Association show that roughly 1 billion doctor visits occur each year in the United States, and of those, 70 percent are unnecessary and could be avoided by consulting with a physician
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Can A Mobile Health App Reduce Eye Age by 8.6 Years?

by Fred Pennic 12/18/2014 Leave a Comment

Mobile Health App Reduce Eye Age by 8.6 Years

Can a mobile health app improve your eye vision? Various studies in neuroscience and advances in mobile technology healthcare seem to show that it is possible. GlassesOff is a new mobile health app that is clinically proven to reduce “eye age” by an average of 8.6 years. It is designed to reduce and eventually eliminate your dependence on reading glasses. What is the app all about and how does it work? Is it really as helpful as it claims to be? Is there scientific data to support the claims?
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Can A Google Glass App Help the Hearing Impaired?

by Fred Pennic 12/17/2014 Leave a Comment

Can A Google Glass App Help the Hearing Impaired

Close to 30 million people in the US alone suffer from hearing impairment. Researchers at Georgia Tech have developed a Google Glass app especially designed for the hearing impaired called Captioning on Glass (CoG). How does the technology work? Is it genuinely useful to the hearing impaired? What are the pitfalls of the app? While some researchers say that it is possible, others deny it. How does Google Glass work for the hearing impaired? A Georgia Tech research team is credited with
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64% of Americans Do Not Use Online Patient Portals

by Fred Pennic 12/16/2014 Leave a Comment

Can Public APIs Unlock True Health IT Interoperability?

64 percent of Americans do not currently use online patient portals, according to the results of Xerox's 5th annual EHR Survey. The survey revealed that 57 percent of Americans would be much more interested and proactive in their personal healthcare if they had online access to their medical records. Of those Americans that don’t use patient portals, 35 percent did not know a portal was available and 31 percent said their physician had never spoken to them about portals. Based on requirements
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KLAS: Phytel Takes Lead in Population Health Vendor Market Race

by Fred Pennic 12/12/2014 Leave a Comment

KLAS: Phytel Takes Lead in Population Health Vendor Market Race

  Population health management is one of the hottest emerging markets in the health IT space and vendors are quickly racing to carve out market share.70% of providers report that they see tangible benefits to patient care when using certain population health vendors, according to KLAS. But with so many PHM vendors and very little data, healthcare providers are having a hard time identifying who is the best vendor to help them maximize the benefits of their population health efforts.  To
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Orange, USAID Partner to Accelerate Mobile Health in Africa

by Fred Pennic 12/11/2014 Leave a Comment

Mobile Health Innovation in Africa

The U.S. Agency for International Development (USAID) and global telecommunications operator Orange announced a new alliance to accelerate mobile health in Africa at the mHealth Summit 2014 in Washington, DC. These mHealth innovations will help treat and care for individuals in developing countries across Africa. Alliance Overview The goal of the USAID/Orange alliance is to create a framework for easily replicating these important mobile services in a number of African countries throughout the
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Top 5 Concerns for Hospital CFOs in 2015

by Fred Pennic 12/11/2014 Leave a Comment

Hospital CFO_New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices_revenue cycle management

Continued meaningful use expenses for EHR, HIE, analytics, portals and mobile apps are hitting today's hospitals hard as changes in payment models based on patient compliance, pricing transparency, and population health demand even more capital. For chief financial officiers (CFOs) working at hospitals that are struggling financially, the outlook looks increasingly bleak.  According to a recent Black Book report, 94 percent of hospital CFOs self-identified as “struggling”, reported that delayed
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McKesson Launches Venture Fund to Invest in Early/Growth Stage Healthcare Companies

by Fred Pennic 12/10/2014 Leave a Comment

McKesson Launches Venture Fund to Invest in Early/Growth Stage Healthcare Companies

McKesson Corporation today announced that it has launched McKesson Ventures, a strategic venture capital fund, to invest in early and growth stage companies addressing both current and emerging business challenges facing the healthcare industry. Healthcare industry veteran Tom Rodgers has joined McKesson Ventures as managing director and will lead the fund’s investment portfolio. “McKesson Ventures will help us support the development and commercialization of innovations taking place across
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