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Fred Pennic

Epic Systems to Offer Remote Hosting to Clients in 2015

by Fred Pennic 11/09/2014 2 Comments

Epic Systems to Offer Remote Hosting to Clients in 2015

Epic Systems is currently building a data center at its Verona, Wisconsin campus to offer remote hosting services to its clients targeted at medical groups and small hospitals, VentureBeat first reports. The decision brings the largest EHR provider closer to offering a software as a solution (SaaS) model that could help increase market share against its competitors such as Cerner, who has been offering remote hosting services since 1999. The remote hosting services will be offered first to new
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Half of Providers Unsure of ICD-10 Revenue Impact

by Fred Pennic 11/07/2014 Leave a Comment

ICD-10 Revenue Impact

Nearly half of healthcare providers are unsure of the ICD-10 revenue impact or have yet conducted revenue impact assessments, according to a new eHealth Initiative (eHI)/AHIMA survey. In fact, 35 percent believed that their organization’s revenue will decrease during the first year of ICD-10 compliance. The report provides a look at just how prepared healthcare organizations are for the upcoming ICD-10 implementation and how they think ICD-10 will impact their operations. Survey respondents
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Hospital Uses Google Glass to Accelerate Stroke Treatments

by Fred Pennic 11/05/2014 Leave a Comment

Can Google Glass Accelerate Stroke Treatment?

  On Monday, Dr. James Grotta, director of Stroke Research at Memorial Hermann's Texas Medical Center hospital began using Google Glass to communicate vital medical information with hospital staff  while responding to 911 calls involving possible stroke victims, Houston Chronicle first reports. Using Google Glass will allow medical responders to work hands-free to quickly expedite patient stroke diagnosis and treatment.  "We can start treatment right away at those sites and save a lot
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Infographic: The Rise of HIPAA Violations

by Fred Pennic 11/05/2014 1 Comment

hipaa-violations-infographic-113x81

Infographic created by TrueVault illustrates the rise of HIPAA violations providing a picture of the regulatory landscape along with the type of complaints, breaches and fines that occur due to HIPAA violations.   
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MD Insider Closes Largest AngelList Investment Round Ever

by Fred Pennic 11/04/2014 Leave a Comment

MD Insider

MD Insider, a big data healthcare innovator that significantly reduces healthcare costs for employers, today announced that it closed a $1.5 million investment - the largest online investment round ever raised on AngelList, the leading technology startup equity investing platform. The syndicate was led by renowned investor, Tim Ferriss, best-selling author and early investor/advisor to companies including Facebook, Twitter, Evernote, and Uber. MD Insider is now the #1 most active company and the
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UK Medical School Launches First Google Glass Curriculum

by Fred Pennic 11/03/2014 Leave a Comment

UK Medical School Launches First Google Glass Curriculum

Earlier this year,Virtual Medics – a group of consultant surgeons at Barts Health NHS Trust and medical students at Queen Mary University of London (QMUL) utilized Google Glass in surgery to remove cancerous tissue from the liver and bowel of a 78 year-old man. The procedure was the UK's first global live-streamed surgical teaching session and was watched live via computer or mobile phone, by 13,000 surgical students, healthcare professionals and members of the public from around the world in
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36 Positive Signs of Health IT Adoption Progress

by Fred Pennic 10/29/2014 Leave a Comment

Health IT Adoption

  Earlier this month, the ONC and HHS submitted their annual report to Congress highlighting the progress and accomplishments advancing health IT adoption. Driven by the HITECH Act passed in 2009, there has been significant advancements in health IT adoption among providers.   Here are 36 positive signs of health IT adoption progress highlighted in the report:  1. In 2013, 59 percent of hospitals and 48 percent of physicians had at least a basic EHR system, respective increases of
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Optum to Acquire Alere Health for $600M

by Fred Pennic 10/29/2014 Leave a Comment

Optum to Acquire Alere Health for $600M

Optum, United Health Group Inc's health-services arm has announced it will acquire Alere Health and its subsidiaries for $600 million in cash, WSJ first reports. The acquisition will expand Optum's population health management footprint of health management services to improve care delivery. The deal will become Optum's third acquisition this year. Alere Health provides case management and wellness services used by more than 200 regional and local health plans, 89 Fortune 500 companies, and
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Rock Health: How Predictive Analytics Impacts Patient Care

by Fred Pennic 10/27/2014 Leave a Comment

Rock Health Predictive Analytics

As data sources and technology advance, algorithms will be able to deliver better, personalized care. Though personalized medicine has yet to deliver on the promise of its powers, its precursor, predictive analytics, has proven effective in many industries and is now focused on transforming healthcare. Dozens of new digital health products have hit the market and $1.9B has flowed into the space since 2011—but what does it take for an algorithm to accurately and reliably impact care? Rock
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M*Modal Taps Scott MacKenzie As New CEO

by Fred Pennic 10/24/2014 Leave a Comment

M*Modal Taps Scott MacKenzie As New CEO

On Thursday M*Modal, a provider clinical documentation and Speech Understanding solutions announced that former Passport Health CEO Scott MacKenzie has joined the company as Chief Executive Officer and a member of M*Modal’s Board of Directors. Under his leadership, M*Modal is focused on increasing the productivity of healthcare providers using a combination of technology and services to improve clinical documentation and allow physicians to focus on their patients. Scott brings more than 25
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