Medicalchain, a UK-based startup using blockchain technology to secure store EHRs securely has signed a joint development agreement with Mayo Clinic to explore the value of blockchain in healthcare. As part of the joint development agreement, both organizations will work together to develop use cases utilizing blockchain-based EHRs. This agreement comes after months of discussions between Mayo Clinic and Medicalchain on the potential benefits blockchain technology can bring to
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DrChrono EHR Integrates with Square to Enable Physician Payment Processing
DrChrono Inc., the company enabling the medical practice of the future, today announced a new integration with Square that incorporates payment processing into the DrChrono EHR cloud-based platform, enabling physicians to collect patient payments much faster and more easily. The DrChrono/Square integration enables medical practices to accept and save a patient’s debit and credit card information directly within the DrChrono EHR and OnPatient patient portal. Patient payments can be collected
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Partners Healthcare Taps Circulation to Bring On-Demand Medical Transportation to Patients
Circulation Health, a on-demand medical transportation exchange that coordinates transportation logistics for health organizations, today announced an agreement with Partners Healthcare, an integrated, not-for-profit health system with facilities in Massachusetts and New Hampshire.As part of the collaboration, Partners will utilize Circulation's on-demand ride technology, which interfaces with Lyft, to move patients to and from their appointments. The relationship also allows for expansion to
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Rock Health Expands to Life Sciences with ZS Partnership
ZS, a global provider of life sciences consulting and technology solutions has inked a partnership with digital health-focused venture fund Rock Health to bring the latest innovations to its life sciences expertise. Rock Health's partners span the healthcare spectrum, from leading health systems to payers, manufacturers and industry advocates, all focused on removing barriers and supporting industry growth. This partnership enables ZS to bring its thought leadership and deep technical expertise
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The State of Value-based Care in 2018: 10 Key Trends to Know
Value-based care is bending the healthcare cost curve, reducing unnecessary medical costs 5.6% on average while improving care quality and patient engagement—effectively starting to achieve the long-sought triple aim. Despite easing or ending of federal mandates, commercial lines of business are investing in value-based innovation, accelerating the decline of pure fee-for-service faster than previously projected levels. Indeed, today nearly two-thirds of payment are now based on value.These
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IlumiCare Integrates with Epic EMR to Improve Clinical Decision Making
IllumiCare, a pioneer in point-of-care healthcare information technology, announces today integrations with multiple health systems using the Epic electronic medical record (EMR). IllumiCare’s Smart Ribbon® technology currently runs in 22 hospitals using Epic, with additional facilities being added.IllumiCare offers an EMR-agnostic ribbon of information that unobtrusively puts the wholesale cost of medications, labs and radiology tests, iatrogenic risks, and other actionable information within a
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Report: Digital Health Market to Reach $379B by 2024
Digital health market is expected to reach $379B, representing to register a CAGR (compound annual growth rate) of 26% over 2017-2024, according to a recent Global Market Insights report. The recent decades have witnessed an augmented development in terms of technology – a trend that has propelled digital health market to traverse a path of exponential growth.In the present healthcare industry scenario, a patient can schedule an appointment with the doctor, seek medical advice, view medical
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CAQH Index: Healthcare Claims Automation Could Save Industry $11B Annually
The U.S. healthcare industry made a modest amount of progress in healthcare claims automation, but a significant opportunity to save $11.1 billion annually remains, according to new data released today in the fifth annual CAQH Index. The report shows increased use of some manual transactions – primarily via web portals – resulting in a reversal of gains made for some of those transactions in previous years and the increase in potential savings. The $11.1 billion industry savings opportunity is
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Valencell Nabs $10.5M to Expand Wearable Biometric Sensor Technology
Valencell, a Raleigh, NC-based developer of wearable biometric sensor technology, has raised $10.5M in Series E financing led by Sonion with participation from existing investors TDF Ventures, GII LLC, and WSJ Joshua Fund. The startup plans to utilize the funding to expand its biometric sensor technology and team. The latest round brings the total amount of funding raised to date to $35 million.Many people think you can create accurate biometric wearable devices by piecing together some LED’s,
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Telehealth App Medici Lands $22M to Re-imagine the Doctor-Patient Relationship
Medici, an Austin, TX-based digital health startup focused on the future of doctors and patients has raised $22 million in Series A funding from individual investors including executives from well-known global companies such as Citadel, Dell, Publix, and Starwood Capital. The latest round brings the total amount of funding raised to date to $46.6 million.Today’s doctors are buried with regulatory requirements, administrative hurdles and downward pressure on their own costs to run their
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