Ambulatory EHR leader Allscripts has purchased a 10% equity stake in NantHealth for $200 million and NantCapital, LLC, the personal investment vehicle of Dr. Patrick Soon-Shiong, founder of NantHealth, has made a $100 million investment into Allscripts. The financial investments strengthen the partnership between the two companies to develop an integrated, evidence-based, personalized approach to healthcare solutions that includes actionable clinical data, enabling physicians to make informed
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HomeHero Raises $23M to Expand In-Home Senior Care
40% of U.S. adults today are responsible for taking care of an elderly or sick relative, according to a 2014 study by the Pew Research Center and the California HealthCare Foundation. Despite this growing number, most caregivers do not want their aging relatives living with them. Instead, family members are seeking affordable caregivers to provide in-home care for seniors.
To solve this gap in senior home care, HomeHero, a trusted marketplace advancing the in-home senior care industry has
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Report: Telehealth Video Visits to Reach 158M by 2020
Telhealth video visits will increase from 19.7 million in 2014 to 158.4 million per year by 2020, according to a new report from Tractica. The report, "Telehealth Video Consultations", examines the telehealth market and technology issues surrounding telehealth video visits for both clinical and non-clinical applications. The firm also predicts that, while clinical consultations currently constitute more than three-quarters of the market, growth over the next several years will be especially
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MindMeld, Sense.ly Partner to Build Artificial Intelligence Health Apps
MindMeld, the first platform for building AI-powered voice-driven apps is partnering with Sense.ly, a virtual nurse platform for patient engagement and chronic disease monitoring to build customized artificial intelligence health apps. MindMeld and Sense.ly are leveraging the latest advances in artificial intelligence to build customized virtual assistant applications for the healthcare industry. MindMeld’s platform leverages innovative AI technology and helps healthcare providers deliver
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New Social Media App Offers Real-Time View of Patient Pulse
Treato, a source for consumer healthcare insights has launched a new social media app that offers an expanded view of the patient pulse. The new app named Treato IQ applies Treato's advanced big data infrastructure to broad social sentiment for a top line view into today's health consumer, expanding Treato's offering of patient intelligence tools to provide healthcare companies with an end-to-end solution.
Treato IQ will allow business customers to understand the social media landscape
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AHIMA Recognized for ICD-10 Grassroots Advocacy Program
The American Health Information Management Association (AHIMA) was recognized for its ICD-10 grassroots advocacy program as the recipient of a Silver Award in the 2015 Power of A Awards, sponsored by the American Society of Association Executives (ASAE). Each year ASAE recognizes and celebrates the extraordinary contributions associations make to society by enriching lives, creating a competitive workforce, preparing society for the future, driving innovation and making a better world.
AHIMA
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CHIME Urges Congress to Rethink Federal Telehealth Policies
On Monday, the College of Healthcare Information Management Executives (CHIME) sent a letter to a Senate Finance Committee workgroup urging them to rethink the reimbursement of telehealth services, as well as how it can serve as an effective alternative for improved healthcare delivery.
In the letter CHIME stated, "inconsistencies in the definition and reimbursement policies of telehealth services in federal and state programs are hurdles to widespread adoption. While Medicaid encourages
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Crowdfunding Effort Targets Patients Seeking Genome Sequencing
Rare Genomics Institute (RG) is launching a 30-day crowdfunding bootcamp to help rare disease patients raise funds for high-end exome sequencing to pinpoint the cause of their disease and map possible treatments. The training session is an integral part of Amplify Hope, a new RG program that navigates patients and their families through the emerging fundraising opportunities. The project, funded by the Templeton Foundation, is free for the participants.
By providing an expert network and
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CVS Health Opens Digital Health Innovation Lab in Boston
CVS Health today announced the official opening of its Digital Innovation Lab in Boston, a facility that is focused on developing cutting-edge digital services and personalized capabilities that offer an accessible and integrated personal pharmacy and health experience. The Lab will serve as a vital hub for the rapidly growing digital team at CVS Health, which will remain headquartered in Woonsocket, R.I.
"At CVS Health, everything we do is to help people on their path to better health, and
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Hill-Rom to Acquire Welch Allyn for $2.05B
Hill-Rom, a provider of hospital equipment, medical devices and surgical products, will acquire Welch Allyn for approximately $2.05 billion in cash and stock. Under the terms of the agreement, Welch Allyn shareholders will receive $1.625 billion in cash and approximately 8.1 million newly-issued shares of Hill-Rom common stock. After the acquisition is closed, which is slated before the end of September 2015, Welch Allyn shareholders will own approximately 13 percent of the combined
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