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
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
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
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
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
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
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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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
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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
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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
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