Health IT VC funding soared to $1.8 billion in 161 deals in Q2 2014, more than double the $861 million raised in 164 deals in Q1 2014, according to a new Mercom Capital Group report. Ten of those deals were for over $50M each. The $2.6B raised so far this year has already exceeded the $2.2B raised in all of 2013. There were 263 investors that participated in these funding rounds.
Practice-centric companies received 61 percent of all VC investments in Q2 2014, with $1.1B in 61 deals.
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Arizona Care Network Offers Propeller Health to its Members with COPD
Propeller Health (formerly Asthmapolis), the FDA-cleared digital health solution for chronic respiratory disease, and Arizona Care Network, a physician and health system collaboration, jointly announced today that ACN will be the first Accountable Care Organization (ACO) to offer the Propeller platform to its members with chronic obstructive pulmonary disease (COPD). Arizona Care Network was formed through collaboration between two of the state's largest health care organizations, Dignity Health
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6 Ways to Take Advantage of the Delay in ICD-10 Compliance
William McElmurry, Senior Vice President at SoftServ Inc. shares six ways you can utilize the one year delay in ICD-10 compliance to your advantage.
Those who invested early on in ICD-10 implementation may feel a level of frustration with recently signed legislation delaying ICD-10 compliance one year to October 1, 2015, but it may be a blessing in disguise. All organizations required to implement ICD-10 can take advantage of the delay, viewing it as an opportunity to re-assess their
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Cartoon: Why Big Pharma Can’t Innovate with mHealth
David Doherty, CoFounder & Director at 3G Doctor recently published this satire comic shown below that highlights the reasons why big pharma is failing to innovate with mhealth. In his recent article regarding the obsession with the 'random controlled trail' approach to mHealth, Doherty states,
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Cigna Reaches 100 ACO Goal, Signs 11 Agreements in 7 States
Cigna has announced it has successfully reached its 100 Accountable Care Organizations (ACO) goal established in 2012. Effective Jul 1, Cigna entered into 11 arrangements in seven states, thus taking its ACO arrangements to 100. Cigna will serve one million customers through these ACOs.
The new agreements have been entered with Northeast Medical Group (NEMG) in Connecticut, Harbin Clinic and Physician Performance Network of Georgia/Tenet in Georgia, Presence Health Partners in Illinois,
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Archiac Pagers and Lack of Secure Text Messaging Costs Average Hospital More Than $1.75M Annually
Inefficient communication during critical clinical workflows such as patient admissions, emergency response team coordination and patient transfers costs the average U.S. hospital about $1.75 million annually, according to a new report from Imprivata® and the Ponemon Institute. Titled “The Imprivata Report on the Economic Impact of Inefficient Communications in Healthcare,” the report finds that a significant amount of time is wasted during these workflows—primarily due to the inefficiency of
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Infographic: Rx for Doctor Disconnect
According to the U.S. Department of Health and Human Services, nearly 90% of physicians are using smartphones, but only a tenth of our hospitals are offering a secure texting solution at their facilities. So how can physicians become engaged when they are struggling to communicate with the rest of their team?
The infographic visualization created by Voalte highlights the doctor disconnect trend by exploring the key issues and risks contributing to poor physician engagement.
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KLAS Report Reveals Clearinghouse Vendor Services Is Key to Provider Satisfaction
A new clearinghouse report indicates that service and support play a larger role than tools sets in provider satisfaction, contrary to the commonly held perception. This and other key findings were revealed in the latest KLAS report, entitled "Ambulatory Clearinghouse 2014: Choosing between Strong Performers."
"This is the first time we compared provider feedback about ambulatory clearinghouse vendors from large and small practices," said report author Jared Dowland. "Our interviews
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iPatientCare Updates Its Wearable EHR App for Google Glass Functionality
iPatientCare, Inc., provider of cloud based ambulatory EHR, Integrated Practice Management and Patient Portal Solutions, announced an updated version of its native miGlass the first Wearable EHR App for Google Glass. The new Glassware technology extends the functionality to the iPad, Android and web to Google Glass, giving physicians access to patient records at the point of care without having to look away from their patients.
"Medication Adherence and other health behaviors are often the
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7 Questions To Ask Before Choosing A Patient Portal Solution
IT’S NO SECRET that patient engagement is critical to achieve Meaningful Use, increase patient satisfaction, lower hospital operating costs and promote higher usage of better data. With a bevy of vendors offering patient portal solutions, it can be challenging for a hospital to know where to start. Choosing an efficient patient portal solution can be a daunting task and can cost you big without proper research. By asking the right questions and connecting the right stakeholders, you can ensure
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