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Jasmine Pennic | HIT Consultant

Report: Healthcare M&A Preferred Growth Strategy for Execs in 2016

by Jasmine Pennic 01/12/2016 Leave a Comment

Hospital CFO_New Financing Program Minimizes Impact of ICD-10 Revenue Delay for Private Practices_revenue cycle management

41 percent of healthcare executives expect healthcare M&A transactions to be their preferred growth strategy for 2016, outpacing organic growth through revitalizing and updating existing offerings, according to a Capital One Healthcare survey. The Capital One survey conducted shortly before this week's 34th Annual J.P. Morgan Healthcare Conference, found enduring optimism for the healthcare industry, although at lower levels than previous years.  Key findings of the survey include: -
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2016 HIMSS Value of Health IT Survey: 6 Trends to Know

by Jasmine Pennic 01/12/2016 Leave a Comment

HIMSS Launches Value Score, Healthcare’s First International Quality and Value Measurement for Health IT

On Monday, HIMSS released the 2016 finding of its Value of Health IT survey that reflects the feedback from 52 senior IT leaders representing HIMSS Analytics EMRAM Stage 6 or 7 hospitals and HIMSS Davies winners, during the Summer/Fall 2015. The survey found that found that 88 percent of organizations with advanced EHR environments identified at least one positive outcome from their use of an EHR.  Survey highlights include: Treatment/Clinical: 83 percent indicated that their
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Talix Spins Off Healthline Network, Raises $14M for Patient Data Analytics

by Jasmine Pennic 01/12/2016 Leave a Comment

Talix Spins Off Healthline Network, Raises $14M for Patient Data Analytics

Talix, Inc., a health tech subsidiary of Healthline Networks, announced that it is spinning off as an independent company and has secured $14 million in funding led by Summit Partners. This capital will be used to fund the growth of the company’s core risk adjustment product, Coding InSight, and support the development of future applications in its planned suite of patient risk management products powered by Talix’s proprietary HealthData Engine.  Dean Stephens will serve as the new Chief
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Barton Health Becomes First Provider to Prescribe Ingestible Sensors to Patients

by Jasmine Pennic 01/11/2016 Leave a Comment

Barton Health Becomes First Provider to Prescribe Ingestible Sensors to Patients

Proteus Digital Health today announced that Barton Health, a Lake Tahoe, CA-based  non-profit, rural health system has become the first US healthcare provider to prescribe patients ingestible sensors using the company's Proteus Discover solution. The deployment marks the first commercial implementation of the FDA-cleared technology in the United States after the completion of successful clinical trials.  Barton Health will utilize Proteus Discover to improve medication adherence for patients
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Springboard Launches Healthcare-Focused Equity Crowdfunding Platform

by Jasmine Pennic 01/11/2016 Leave a Comment

Springboard Launches Healthcare-Focused Equity Crowdfunding Platform

Springboard Equity Inc. has launched an equity crowdfunding platform - dedicated exclusively to the healthcare industry to bring capital to vetted, high potential, early stage innovative companies. The platform aims to make the fundraising process more efficient for medical devices, digital health, biotech, health IT, mobile and diagnostics startups.  Launched in July 2015, Springboard spent the first five months building their technology, their investor community, and different affiliates.
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AT&T Launches Foundry For Connected Health to Foster Digital Health Innovation

by Jasmine Pennic 01/08/2016 Leave a Comment

AT&T Launches Foundry For Connected Health to Foster Digital Health Innovation

Telecom leader AT&T is set to open the AT&T Foundry for Connected Health in February 2016 at the Texas Medical Center Innovation Institute in Houston. The new foundry will focus on digital health innovations that benefit those in and out of the clinical care environment – helping caregivers and patients bridge the gap between a clinical setting and the home.  The new opening marks the company's fifth foundry innovation center. By leveraging Texas Medical Center’s campus, the the
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Massachusetts To Launch Digital Health Hub To Support Innovation

by Jasmine Pennic 01/07/2016 Leave a Comment

Massachusetts To Launch Digital Health Hub To Support Innovation

Today, Governor Charlie Baker, Boston Mayor Martin J. Walsh, Speaker Robert A. DeLeo and other Massachusetts business leaders are teaming up to launch an initiative to create a digital health hub. With support from the City of Boston, Massachusetts eHealth Institute at MassTech (MeHI), and MACP, the new digital health innovation hub will provide startups with coworking space, programming and industry network support. Programming through the hub will be managed and operated by
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BlackBerry Integrates with Sharecare to Enable Secure Messaging

by Jasmine Pennic 01/07/2016 Leave a Comment

BlackBerry Integrates with Sharecare to Enable Secure Messaging

BlackBerry are teaming up with digital health and wellness engagement platform Sharecare to provide consumers with better and more secure insights into their health. As part of the partnership, Sharecare and BlackBerry will integrate Sharecare's proprietary fractal voice analysis into BlackBerry's secure messaging to increase consumer self-awareness, reduce stress and improve relationships, all while providing the gold-standard in consumer privacy. Building on this, the companies will move
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Withings Unveils Wi-Fi Connected Smart Sensor Thermometer

by Jasmine Pennic 01/06/2016 Leave a Comment

withings thermo

Withings, a leader in the connected health revolution, has extended its therapeutic areas of expertise with the unveiling of the FDA-approved Withings Thermo - a Wi-Fi-connected temporal artery thermometer with a revolutionary 16-sensor array that provides one of the fastest, most accurate, non-invasive temperature readings available.  Withings Thermo will be available in Q1 2016 for a MSRP of $99.95 and will be supported by a dedicated app for both iOS and Android devices.  Within the app
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Pathway Genomics Nabs $40M to Expand Precision Medicine via Genetic Testing

by Jasmine Pennic 01/06/2016 Leave a Comment

Pathway Genomics

San Diego, CA-based Pathway Genomics, a clinical laboratory facilitating precision medicine through genetic testing and mobile healthcare applications has raised over $40 million in Series E funding. This brings the total investment into Pathway Genomics to over $130 million. Investors in this round of funding include IBM Watson, Pathway's partner in the development of a mobile health application using artificial intelligence to provide personalized health and wellness guidance. The capital will
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