The suspension of the medical device excise tax, which was implemented in 2013 as part of the Patient Protection and Affordable Care Act (PPACA, also known as Obamacare), will have positive consequences for the US medical device market over the next few years, says an analyst with research and consulting firm GlobalData.
The tax, which imposed a 2.3% tax on the domestic sales of medical devices in the US, to be paid by manufacturers or importers, was suspended on December 18, 2015,
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Senate Health Committee Release Draft Bill to Improve Health IT for Docs, Patients
To inform the committee’s final legislation, Senate health committee Chairman Lamar Alexander (R-Tenn.) and Ranking Member Patty Murray (D-Wash.) today released for feedback a staff discussion draft of the committee’s bipartisan legislation to improve health IT, including EHRs.
The draft legislation released on Wednesday is the product of a bipartisan, full committee health information technology working group by Alexander and Murray in April—as well as a series of bipartisan hearings in the
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AbilTo Launches Tele-Behavioral Program for Substance Use
AbilTo, Inc., a provider of evidence-based behavioral change programs proven to improve medical health and lower cost for high-cost medical populations has announced the addition of its Depression and Substance Use program. The new program helps individuals understand the interaction between mood and substance use, and identify strategies to replace use with positive coping skills and healthy reinforcement.
AbilTo's Depression and Substance Use program helps participants focus on specific
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Vindell Washington Appointed ONC’s Principal Deputy National Coordinator
Today, ONC National Coordinator Karen DeSalvo announced that Vindell Washington, MD, has been appointed the new Principal Deputy National Coordinator, effective January 25. In his new role, Washington will be responsible for driving executive leadership of all ONC programs, operations and policies. His responsibilities also includes advancing key administration initiatives such as delivery system reform, the Precision Medicine Initiative and implementation of the Interoperability
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TigerText Wants to Eliminate the Ancient Pager & Fax in Healthcare
Secure messaging provider TigerText is on a mission to eradicate the outdated technology of pagers and fax machines in healthcare once and for all. To help bring the pager and fax machine one step closer to its demise, the company announced two new solutions – TigerPage and TigerFax that will allow users to receive and respond instantly to pages and faxes from their smartphone, in a secure, highly efficient, and HIPAA-compliant manner.
TigerPage: Helping Hospitals Turn the Page(r)
With
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HIMSS Analytics Unveils On-Demand Health IT Market Intelligence Tool
HIMSS Analytics® has launched a new market intelligence tool, Logic for healthcare providers, healthcare IT companies, governmental and education organizations and investors. Collaboratively built with hospitals and health systems, Logic will provide insight into predictive modeling, benchmarks and value optimization of health IT, including ranking and adoption of the HIMSS Analytics Electronic Medical Record Adoption Model (EMRAMSM).
Logic Market Intelligence Tool Overview
Logic builds off
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Philips, Monica Healthcare Collaborate On Fetal Monitoring Solution
Philips and Monica Healthcare have announced an exclusive global collaboration on fetal monitoring solution that will advance maternal and child care by helping to monitor at-risk patients, especially those with a high BMI. Under the co-development agreement, the companies will integrate Monica’s latest signal acquisition technology into the Philips Avalon CL product platform, continuing to advance maternal and child care by helping to monitor at-risk patients.
The solution will join Philips’
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Report: Healthcare M&A Preferred Growth Strategy for Execs in 2016
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
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
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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