The global healthcare analytics market is expected to reach $42.8 billion by 2024, according to a new report by Grand View Research, Inc. Growth in the healthcare analytics market is largely being driven by: - providers ability to identify clinically meaningful outcomes in relation to costs through the investigational mining of EMRs to identify inherent medical inaccuracies in the system to provide cost effective patient treatment- accelerated adoption of big data that enables informed patient
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ECG Management Consultants Acquires Kurt Salmon’s Healthcare Division
Healthcare management consultant firm ECG Management Consultants, today announced it has acquired the healthcare division of Kurt Salmon. The sale of Kurt Salmon's healthcare division by parent company Management Consulting Group PLC, a London-based professional services company is expected to be $12M ((equivalent to approximately £9.2 million), Interactive Investor reports. An additional $1M of consideration is deferred and contingent on post completion performance. MCG will retain the reminder
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Study Reveals Texts Messages Engage, Activate Medicaid Members
Study findings released this week reveal interactive, two-way text messages has a positive impact on engagement, knowledge base, activation, and ultimately resource utilization among Medicaid members. Conducted by CA-based Inland Empire Health Plan in partnership with mPulse Mobile, the study’s results are encouraging given CDC data released last month noting a rise in ED utilization with Medicaid/CHIP accounting for 25% of all ED visits.As Medicaid-centric health plans including IEHP grow,
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Validic Integrates Patient-Generated Data with SAP Connected Health Platform
Digital health integration platform Validic has announced a strategic partnership with SAP to integrate patient-generated data into the SAP Connected Health platform. Through this strategic relationship, Validic will enable SAP and its global healthcare clients the opportunity to scale the access patient data from clinical devices, wearables and consumer health apps. Validic-SAP Patient Generated Data IntegrationValidic's digital health platform, delivering access to health insights from over
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How Virtual Reality Can Improve Patient Experience in Healthcare
Editor’s Note: This post is sponsored by Samsung. The global market for Virtual Reality (VR) in healthcare is projected to reach $3.8 billion by 2020 driven by technology advancements in healthcare IT, which would undoubtedly expand its use into more diverse applications and medical disciplines while also increasing the demand for rehabilitation and simulation VR-training in hospitals and clinics. VR technology continues to gain ground and visibility as a potential diagnostic tool in the form
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Medsphere Systems and ChartLogic Merge to Create Integrated Health IT Platform
Medsphere Systems Corporation and ChartLogic, Inc., today announced that they have executed a definitive agreement to merge the two companies. Financial details of merger were not disclosed. The merger will help expand Medsphere’s existing enterprise healthcare IT products and services to include ChartLogic’s proven ambulatory EHR, practice management and medical billing solutions. As part of the merger, ChartLogic will retain its name and operate as a division of Medsphere. Founded in 1994,
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Behavioral Telehealth Startup AbilTo Taps Rob Rebak as New CEO
AbilTo, a provider of behavioral telehealth programs proven to improve patient outcomes and lower healthcare costs has appointed Rob Rebak as its new Chief Executive Officer. In his new role as CEO, Mr. Rebak will be responsible for shaping the vision and strategy of AbilTo going forward, as well as for building upon the company's history of clinical innovation and strong performance.Rob Rebak Background/ExperienceA 25-year healthcare industry veteran, Rebak brings a broad range of strategic and
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NIH Awards $2.3M Grant to Develop Disease Diagnosis App, FeverPhone
The National Institutes of Health’s (NIH) National Institute of Biomedical Imaging and Bioengineering has awarded to Cornell a four-year, $2.3 million four-year grant to develop FeverPhone, an portable disease diagnosis kit. Once developed, the FeverPhone will provide real-time, rapid and accurate diagnosis using a drop of blood to differentiate and identify specific pathogens for six febrile diseases in the field: dengue, malaria, chikungunya, typhoid fever, leptospirosis and Chagas’
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Google, Mayo Clinic, Harvard Team Up for Easy Symptom Search
Roughly 1 percent of searches on Google are symptom related. Starting this week, when consumers access Google’s mobile search for information about certain symptoms, they will quick, accurate facts on relevant related medical conditions up front on their smartphone or other mobile device.Announced in a blog post by Veronica Pinchin, a product manager on Google's search team, the goal of the new symptom search feature allows consumers to quickly explore and navigate health conditions related to
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XPrize, IBM Watson Launch $5M Artificial Intelligence Competition
XPRIZE has teamed up with IBM Watson to launch IBM Watson AI XPRIZE, a $5 million, four-year global competition challenging teams to develop and demonstrate how humans can collaborate with powerful artificial intelligence (AI) technologies to tackle the world’s greatest challenges.The $5M prize will focus on creating scalable AI apps that benefit consumers and businesses across a multitude of disciplines including healthcare, education, energy & environment, global development and
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