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Fred Pennic

New Research Reveals 4 Segments of Digital Health Consumers

by Fred Pennic 08/07/2014 Leave a Comment

Parks-Associates_Consumer-Segmentation-Four-Health-Groups

Market research firm Park Associates has announced a new digital health research revealing four digital health consumer segments based on their attitudes toward their health and healthcare solutions: Healthy and Engaged, Challenged but Mindful, Unhealthy and In Denial, and Young and Indifferent. The research found that among all U.S. broadband households, 26% are Healthy and Engaged, 25% are Challenged but Mindful, 28% are Unhealthy and In Denial, and 21% are Young and Indifferent.
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Doctor on Demand Raises $21M Led by Venrock

by Fred Pennic 08/06/2014 Leave a Comment

Doctor on Demand Raises $21M

Doctor On Demand, a healthcare service that provides Video Visits with board-certified physicians, today announced it has closed a $21 million round of Series A financing. Led by Venrock and joined by Shasta Ventures and angel investor Sir Richard Branson, the funding will further drive Doctor On Demand’s growth as it continues to expand its team, build its network of physicians, and add new offerings. The company also announced that patients can now conduct video visits with physicians on their
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Practice Fusion Acquires Ringadoc to Expand Into Telemedicine Market

by Fred Pennic 08/06/2014 Leave a Comment

Practice Fusion_Ringadoc’s After-Hour Answering Service Solution

Cloud based EHR provider, Practice Fusion has announced the acquisition of Ringadoc, an innovator of next-generation patient-doctor communication tools. This acquisition gives Practice Fusion a springboard for entry into the telemedicine market, an industry expected to swell to $4.5 billion in 2018. Ringadoc will advance the development of Practice Fusion’s telemedicine platform, which could mean that patients and doctors alike can avoid millions of unnecessary in-person visits each year as well
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Mississippi DOM Creates State-Wide MPI for 750K Medicaid Beneficiaries

by Fred Pennic 08/06/2014 Leave a Comment

MPI_medicaid-m-2

By establishing a Master Patient Index (MPI) and longitudinal patient record for over 750,000 Medicaid/CHIP beneficiaries, Mississippi improves patient safety and care. MedeAnalytics announced that the Mississippi Division of Medicaid (Mississippi DOM) launched a clinical data repository, provider portal and Medicaid Master Patient Index (MPI). Leveraging MedeAnalytics’ robust analytics platform and Medicaid Management solution, Mississippi DOM now has a single-identifier for each of
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Cerner Acquires Siemens Health IT Business for $1.3B

by Fred Pennic 08/05/2014 Leave a Comment

Cerner Acquires Siemens Health IT Business for $1.3B

Cerner Corporation has announced it has agreed to buy Siemens health information technology business for $1.3 billion in cash. As part of the agreement, both companies will enter a three year strategic alliance to build on Cerner's health IT business and Siemens medical devices and imaging, each contributing up to $50 million. The acquisition is expected to create an estimated $4.5 billion in annual revenue. About $650 million will be utilized for R&D and over 18,000 client facilities. As
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Phillips and Accenture Develop Brain Controlled Wearable App for ALS Patients

by Fred Pennic 08/05/2014 Leave a Comment

Phillips and Accenture proof of concept wearable app uses brain, voice, and eye commands to show how ALS patients could gain grater control of their lives.  Phillips and Accenture today announced that they have developed proof of concept software connecting a wearable display to Emotiv Insight Brainware that could ultimately give more independence to patients with amyotrophic lateral sclerosis (ALS) and other neurodegenerative diseases. Affecting more than 400,000 people per year*, ALS, also
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WEDI Releases ICD-10 Readiness Survey To Help Assess Industry’s Progress Towards ICD-10

by Fred Pennic 08/04/2014 Leave a Comment

WEDI Releases ICD-10 Readiness Survey To Help Assess Industry's Progress Towards ICD-10

The Workgroup for Electronic Data Interchange (WEDI), a leading nonprofit authority on the use of health IT to create efficiencies in healthcare information exchange has announced the release of an ICD-10 readiness survey to determine how well the healthcare industry is progressing towards the Oct. 1, 2015 implementation deadline. The survey results will be evaluated and compiled into a report for the industry. Providers, health plans, vendors and clearinghouses are invited to participate in
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HIMSS Analytics Awards TriHealth Hospitals with Stage 7 Awards

by Fred Pennic 08/04/2014 Leave a Comment

Stage7_Logo

 Today, HIMSS Analytics has awarded four TriHealth hospitals with Stage 7 Awards, and 131 of its associated ambulatory clinics, located throughout Ohio, Kentucky and Indiana, with Stage 7 Ambulatory Awards. TriHealth is one of the fastest-growing health systems in Greater Cincinnati and has more than 500 doctors and 11,000 other employees. It operates four hospitals (Good Samaritan in University Heights, Bethesda North in Montgomery, Bethesda Butler in Hamilton and TriHealth Evendale) and more
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Report: 88% of 200+ Bed Hospitals Outsourcing Their CDI Realized Over $1M in Savings

by Fred Pennic 08/01/2014 Leave a Comment

Hospitals Outsourcing Their CDI_Medical Device Startups Leads The Midwest In VC Funding

88 percent of 200+ bed hospitals outsourcing their CDI currently report to have realized significant (over $1M) gains in appropriate revenue and proper reimbursements following the implementation of clinical documentation improvement program yet before ICD-10, according to the recently published Black Book survey. Additionally, 83 percent confirm quality improvements and increases in the case mix index. The survey of 650 hospital technology and physician leaders found outsourced coding and
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HHS: ICD-10 Transition Date Finalized for Oct. 1, 2015

by Fred Pennic 08/01/2014 Leave a Comment

ICD-10 Transition_HHS Seeking Innovative Entrepreneurs for HHSentrepreneurs Program

Yesterday, the HHS issued a rule today finalizing Oct. 1, 2015 as the new ICD-10 transition date, according to a news release. This deadline allows providers, insurance companies and others in the health care industry additional time to ramp up their operations to ensure their systems and business processes are ready to go on Oct. 1, 2015. The one year delay has financially impacted healthcare organizations costing an estimated range between $422 million for smaller providers and up to a
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