The U.S. Department of Health and Human Services, through the Centers for Medicare & Medicaid Services (CMS), today announced unveiled the “International Pricing Index” (IPI) payment model to reduce what Americans pay for Medicare Part B prescription drugs.Under the IPI model, described in an Advance Notice of Proposed Rulemaking (ANPRM), Medicare’s payments for select physician-administered drugs would shift to a level more closely aligned with prices in other countries. Overall savings for
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Mercom: Global Digital Health VC Funding Tops $3.1B in Q3 2018
Global digital health venture capital (VC) funding has already reached $9 billion in 2018, up 46 percent year-over-year (YoY) with a record $8B across 556 deals, according to market research firm Mercom Capital. The latest report reveals global digital health VC funding reached $3.1B across 173 deals, versus Q2 2018’s $2.4B in 196 deals.To date, digital health companies have raised ~$34B in 4,006 VC funding deals since 2010. Total corporate funding - including VC, debt, and public market
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K4Connect Raises $12M to Expand Smart Tech for Senior Living Communities
K4Connect, a Raleigh, NC-based digital health startup providing smart technology solutions for senior living communities has raised $12 million in Series B funding led by AXA Venture Partners. Founded in 2013, K4Connect plans to use the latest round of funding to further develop the Company's K4Community solution and underlying Fusion platform/OS technologies. In addition, the company plans to accelerate its partnerships across a spectrum of consumer and senior living-specific
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Ambra Health’s New App Offers Providers Instant Access to Medical Images
Ambra Health, an NYC cloud-based, medical image management suite has announced the launch of its first mobile app for providers, offering immediate access to medical imaging right in the palm of their hands. Designed with accessibility and ease of viewing in mind, the new Ambra Health app offers healthcare providers an intuitive image viewing experience, fully optimized for mobile viewing.The Ambra app, which was developed in close collaboration with leading providers, allows physicians to
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Garmin, Fitabase Collaboration Enables Researchers to Access Wearable Data
Garmin, today announced a new collaboration with Fitabase that will enable researchers to access data from Garmin wearables via the Fitabase platform, providing curated datasets ideal for deep analysis. Fitabase, a San Diego-based company founded by a team of research experts, has worked with over 150 academic and clinical institutions worldwide on over 500 studies with one singular goal: better research, better results. The Fitabase platform makes it easy to deploy the latest digital health
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IDx and Topcon Join Forces to Scale AI-based Diagnostic Platform in the U.S. Market
IDx, an AI diagnostics company, and Topcon, one of the world’s leading ophthalmic device manufacturers, have signed an exclusivity agreement that will allow the companies to scale delivery of AI-based diagnostic solutions in the U.S. market. As part of the agreement, is granted exclusive rights to IDx-DR system, an autonomous AI system that instantly detects diabetic retinopathy in fundus images, exclusively with Topcon NW400, an easy to use, robotic fundus camera. IDx-DR is an FDA-cleared
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Rush University Medical Center Integrates Indoor Navigation with Epic’s MyChart Appointment Scheduling
Rush University Medical Center in Chicago, today announced a partnership with Connexient to integrate the MediNav™ solution with the MyRush Mobile app; a mobile app for patients powered by Epic’s MyChart. Rush is the first Connexient customer that will combine Indoor GPS with appointment scheduling in MyChart.When patients log into the MyRush mobile app they will now be able to navigate directly to their appointments using Connexient's MediNav and access their records with Epic's MyChart
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Validic Launches Statistics Engine to Drive Population Health Analytics from Patient Generated Health Data
Validic, a Durham, NC-based patient-generated health data integration, and analysis platform, today announced the release of Validic Statistics Engine that will offer new opportunities for patient-generated health data in care delivery and management. The Statistics Engine enables organizations to easily derive individual or population-level trends and anomalies from PGHD. Making Patent-Generated Health Data (PGHD) Actionable for CliniciansBeyond optical character recognition, there are many
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Indie Health Integrates Digital Health Devices into Life365’s Telehealth Platform
Indie Health highlighted positive market response for its collaboration with Life365 during the Connected Health conference today, delivering Indie’s highly optimized, standardized and easy-to-integrate Bluetooth Smart digital health devices to Life365's telehealth customers. For 18 months, Indie Health has been the preferred provider of digital health devices for Life365's remote monitoring platform under a preferred partnership.As the founder of MedApps, Dicks pioneered the development of
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OptimizeRx Acquires CareSpeak Communications to Expand Pharma Mobile Messaging
OptimizeRx Corp., a provider of digital health messaging for the pharmaceutical industry, today announced it has acquired CareSpeak Communications, a provider of interactive health messaging for improved medication adherence and care coordination. For OptimizeRx, the acquisition addresses the critical industry need for direct communication between pharma and patients, supporting greater medication adherence, patient engagement, and health outcomesAs part of the acquisition, CareSpeak will
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