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
Read More
Lockheed Martin Launches Healthcare Technology Alliance to Advance Healthcare IoT
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
Read More
Ochsner, GE Healthcare Launch “Wear Your Health” Challenge
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
Read More
HealthBox Unveils Its Chicago Class of Digital Health Startups
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
Read More
5 Steps to Launch A Successful 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
Read More
Kareo Raises $55M to Expand Small Physician Practice 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
Read More
Survey: 59% of Healthcare Orgs Lack Digital Health Strategy
59% of healthcare organizations are either behind schedule with their digital health strategy or have no digital health strategy currently in place. The remaining 41% of healthcare organizations state they are on schedule with implementing and executing their digital health strategy, according to a recent global survey conducted by digital health platform provider Validic. For the survey, Validic reached out to more than 450 healthcare organizations to gain better insights into the current state
Read More
GHX Supply Chain Helps Hospitals Integrate GDSN Data
As providers work to comply with ongoing FDA regulation rollouts for Unique Device Identifiers (UDI), as well to as improve supply chain efficiencies and visibility, ensuring clean, standardized product data is increasingly essential.
Today, healthcare supply chain leader GHX introduced the latest version of its NuVia content management solution that integrates data from the Global Data Synchronization Network (GDSN). With this release, GHX enables healthcare providers to access relevant
Read More
MedGenome Raises $20M to Unlock the Valuable Genomic Variants
India-based startup MedGenome, a developer of genomic diagnostics in India and a leading provider of genomics research services globally, announced it has received a $20 million investment from Sequoia Capital in a Series B funding round. With this funding, MedGenome will further invest in building its cutting-edge bioinformatics infrastructure, enhance its sequencing facilities in India and the US, and expand its research and scientific teams.
MedGonome Overview
MedGenome operates the
Read More
Global mHealth Services Market to Reach $23B by 2020
The global mHealth services market is estimated to grow at a CAGR of 23.9% between 2014 and 2020, to reach an estimated value of US$23.39 billion by 2020, according to new market research publication from U.S.-based Transparency Market Research. The report, titled 'mHealth Services (Prevention, Monitoring, Diagnostic, Treatment, Information and reference, Wellness, and Healthcare strengthening services) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020',
Read More
