TPG Capital, the global private equity fund of leading alternative asset firm TPG has entered an agreement to acquire Mediware Information Systems, Inc. from private equity firm Thoma Bravo. Financial terms of the acquisition were not disclosed. The acquisition is expected to close during the first quarter of 2017, subject to customary closing conditions.For more than 30 years, Mediware has been a leading supplier of healthcare and human service software for the nation’s largest blood banks,
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Genos Unveils Crowdsourcing Platform for Genomics R&D
Genos, a community for personal genetic discovery and research has announced the public launch of its crowdsourcing platform for genomics research and development. The Genos platform will enable individuals to sequence their genetic profiles with 50 times more data than current popular sequencing options, while empowering individuals to participate in groundbreaking research projects on their own terms. As part of the platform launch, Genos revealed several initial research partners and
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Study: Tele-ICU Programs Improve Care While Providing Cost Savings
Philips has announced the results of a study that finds Philips eICU Program with centralized bed management control increased case volume by up to 44 percent and improved contribution margins by up to 665 percent, or $52.7 million. The study, which will be published in CHEST Journal in February, was authored by Craig M. Lilly, M.D., Professor of Medicine, Anesthesiology and Surgery at the University of Massachusetts Medical School and Director of the eICU Program at UMass Memorial Medical
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Kyocera Unveils Optical Blood-Flow Sensor for Wearable Devices
Kyocera Corporation has unveiled one of the smallest known optical blood-flow sensors, which measures the volume of blood flow in subcutaneous tissue. Measuring only 1mm high, 1.6mm long and 3.2mm wide, the sensor is designed for use in small devices such as smartphones and wearable devices.Kyocera, which provides a wide range of components for smartphones and wearables, has been developing slimmer, smaller products to support higher functionality in more compact devices. The company developed
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CloudMine, Validic Integrate to Advance Integration of Patient-Generated Health Data
CloudMine, a cloud-based health technology platform has partnered with digital health integration platform Validic to advance interoperability and integration of patient-generated health data into clinical workflows and Healthcare Information Systems (HIS). As part of the integration, CloudMine can integrate patient data from hundreds of personal health sources, including wearables, sensors, in-home medical devices, mobile apps, and other remote monitoring devices. Bringing together the patient
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Novartis Launches Digital Health Initiative in Nigeria to Improve Access to Essential Medicines
Novartis launch of an innovative technology-based healthcare program called SMS for Life 2.0 in Kaduna State, Nigeria. The program aims to increase the availability of essential medicines and improve care for patients across the region by using simple, available, and affordable digital health technology. SMS for Life 2.0 is a joint public-private partnership led by Novartis and supported by its partners, the Kaduna State Ministry of Health and Vodacom.SMS for Life 2.0 OverviewSMS for Life 2.0
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Augmedix Nabs $23M to Expand Google Glass-based Remote Scribe Services Nationwide
Augmedix, Inc., a Google Glass-focused digital health startup, has raised $23 million in funding from McKesson Ventures and OrbiMed with participation from the existing VCs Redmile Group, Emergence Capital and DCM Ventures. The company plans to utilize the funding to expand its remote scribe services nationwide and build out its platform with tools and services that continue to drive improvements in physician productivity and patient care.Founded by Stanford grads, CEO Ian Shakil and Chief
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LMC Diabetes & Endocrinology Launch Digital Diabetes Platform for 30k Patients
LMC Diabetes & Endocrinology (LMC), the largest diabetes specialist care provider in Canada is teaming up with ViiMed to launch a digital diabetes platform for more than 30,000 patients. Delivered via telehealth and remote patient monitoring, the digital diabetes education and management program will expand access to care and help patients self-manage their condition for better outcomes. Providers can foster greater patient engagement and satisfaction, save time, and reduce operational costs
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Mount Sinai, CityMD Partner to Expand Urgent Care Services in NYC
Mount Sinai Health System has teamed up with urgent care provider CityMD to expand urgent care service throughout New York. The partnership will combine Mount Sinai’s network of providers with CityMD’s urgent and clinical care management expertise to develop a unique model that ensures patients have timely access to healthcare. A key component of the partnership will establish quality metrics for a shared preferred provider network to ensure patients receive high-quality care and immediate
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Allscripts Acquires Core Medical Solutions to Extend EHR Footprint in Australia
Allscripts has acquired Core Medical Solutions, an Australian-based healthcare IT software provider, to expand its EHR offerings to support proactive care management for clinicians and consumers of care in Victoria and Western Australia. Allscripts currently supports more than 85 hospitals throughout Australia. Under terms of the acquisition, Core Medical Solutions will continue to be based in Adelaide, South Australia, and will operate as an Allscripts subsidiary. Financial terms of the
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