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Jasmine Pennic | HIT Consultant

4 Types of Telehealth Solutions

by Jasmine Pennic 08/13/2015 Leave a Comment

Telehealth Services_Telehealth Visits_Telehealth Video Calls

Telehealth represents the next frontier in medical care, and it's something healthcare providers are already feeling the pressure from their digitally connected patients to provide.  How much pressure? According to Logicalis Healthcare Solutions, the healthcare-focused arm of Logicalis US, an international IT solutions and managed services provider, that depends on the generation of patient being served. While traditional communication channels remain popular among older patients, the next
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Capital One to Acquire GE’s Healthcare Finance Unit for $8.5B

by Jasmine Pennic 08/12/2015 Leave a Comment

Capital One Financial Corp. has agreed to acquire General Electric Co.’s health-care finance unit for about $9 billion to build its niche focus in the healthcare market. As part of the acquisition, Capital One get $8.5 billion of GE healthcare-related loans and its Healthcare Financial Services business for a 6 percent premium to par value of all receivables as of June 30, 2015. Capital One expects this acquisition to strengthen its footprint in the niche healthcare market and position its
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athenahealth Updates Its Patient-Centered Medical Home Accelerator Program

by Jasmine Pennic 08/12/2015 Leave a Comment

athenahealth Acquires RazorInsights to Enter Hospital Market

athenahealth a provider of cloud-based EHR services and mobile applications for medical groups and health systems has announced updates to its Patient-Centered Medical Home (PCMH) Accelerator Program. Awarded an outstanding 35.25 automatic credits and 45.5 practice support points by the National Committee for Quality Assurance (NCQA), athenahealth ® streamlines providers' pathway towards formal NCQA PCMH Recognition. Practices using athenahealth's EHR, athenaClinicals ®, and patient
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5 Best Practices To Ensure A Smooth, Expedient ICD-10 Transition

by Jasmine Pennic 08/11/2015 1 Comment

The ICD-10 Compliance date is looming and it is imperative that healthcare providers be prepared to make the transition. It affects everything from claims processing, physicians’ workflow, and patients’ access to care. Many organizations may be rallying employees and resources in order to make the switch from the ICD-9 to the ICD-10 coding for medical diagnoses and inpatient hospital procedures before the implementation date of October 1, 2015. To make matters worse, the transition is not
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FDA Unveils Open Source Platform for Genomic Sequencing Data

by Jasmine Pennic 08/06/2015 Leave a Comment

On Wednesday, the FDA announced the launch of an open source platform for community sharing of genomic sequencing data called precisionFDA. DNAnexus, the provider of cloud-based genome informatics and data management was awarded a research and development contract by the FDA to build the platform. precisionFDA is the FDA's answer to its role under the White House’s Precision Medicine Initiative is to review the current regulatory landscape and develop a streamlined approach to evaluating
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Lockheed Martin Launches Healthcare Technology Alliance to Advance Healthcare IoT

by Jasmine Pennic 08/04/2015 Leave a Comment

Lockheed Martin Launches Healthcare Technology Alliance

Lockheed Martin has announced the formation of a new healthcare technology alliance, combining the expertise of leading health IT providers, medical technology companies, and academic institutions to advance public health. As part of the alliance, Big Cloud Analytics, Inc. (BCA), a leading provider of real-time predictive analytics technology will work with Intel Corporation to create Internet of Things (IoT) solutions for the new Lockheed Martin Healthcare Technology Alliance. Alliance
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Ochsner, GE Healthcare Launch “Wear Your Health” Challenge

by Jasmine Pennic 08/03/2015 Leave a Comment

On July 30, Ochsner Health System, GE Healthcare and The Idea Village launched the “Wear Your Health” challenge that seeks to identify wearable technology concepts and mobile application solutions that can transform healthcare outcomes by addressing behavior management in patients with chronic disease. Chronic diseases account for 7 out of every 10 deaths in the U.S. Totaling more than 80 percent of total healthcare costs, the existing U.S. care delivery model is poorly constructed to help
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HealthBox Unveils Its Chicago Class of Digital Health Startups

by Jasmine Pennic 07/31/2015 Leave a Comment

Healthbox

Healthbox, a healthcare technology focused business accelerator has announced the brand new class of innovative health tech startups for its upcoming Chicago Studio. This will be Healthbox's fourth program in Chicago and fourteenth overall, where they have worked with 105 healthcare startups and invested in 85 to date. Since its inception in Chicago in 2012, Healthbox has contributed to a boom in the healthcare entrepreneurial movement in Illinois.  These startups were selected from over 120
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5 Steps to Launch A Successful Digital Health Strategy

by Jasmine Pennic 07/31/2015 Leave a Comment

Validic Digital Health Strategy

Digital health devices are quickly becoming a part of our everyday culture as mobile fitness trackers and connected clinical devices become common as smartphone. This healthcare revolution represents an enormous opportunity for healthcare providers to extend their reach and connect to their patient populations. Care is moving beyond the four walls of the hospital and physician's office, and provider organizations are beginning to invest in the necessary infrastructure and programs to help launch
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Kareo Raises $55M to Expand Small Physician Practice EHR

by Jasmine Pennic 07/30/2015 Leave a Comment

Kareo EHR

  Kareo, a cloud-based EHR provider for independent medical practices has closed $55.4 million in additional funding led by Montreux Equity Partners with participation from Silver Lake Partners and all of Kareo’s existing investors. This capital will finance the continued development of Kareo’s product line—which enables physicians to manage all major aspects of their practice—as well as expand the company’s market share. Montreux joins Kareo’s top-tier institutional investors, which
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