SyTrue, Inc., a healthcare data-refinement company, that specializes in natural language processing (NLP) solutions to translate unstructured clinical data into actionable clinical information, announced today, a partnership with National Billing Center, who provides cloud-based automation services for hospital billing.
National Billing Center (NBC) is leveraging a component of SyTrue’s proprietary smart data platform for the company’s hospital Coding Automation Tool (CAT). The technology
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DreamIt Health Philadelphia Unveils Its Latest Class of Startups
Philadelphia-based healthcare technology incubator Dreamit Health has announced its third class of health tech startups. The selected startup teams will participate in a 16-week boot camp from from July to October 2015 to rapidly achieve key business milestones in building high-growth potential companies.
In exchange for 8% in equity, each team will receive:
– $50,000 in seed capital, plus up to $250K in follow-on funding from DreamIt Ventures.
– coaching/mentorship from successful tech
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PillPack Launches Medication Reminders App for iPhone, Apple Watch
Full service pharmacy provider PillPack has launched its PillPack - Medication Reminders mobile app for iPhone and Apple Watch to eliminate the frustration of remembering to take medication. The app is the first mhealth app of its kind to auto-import a customer's current medication list regardless of which pharmacy they currently use, and use geo-tracking sensors to create custom reminders based on location, activity or time to more naturally fit with people's daily routine.
According to
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Low Cost Blood Test Provider Theranos Inks Deal with Capital BlueCross
Theranos, a digital health startup that develops novel approaches for laboratory diagnostic tests using blood has inked a long-term partnership with Capital BlueCross – Central Pennsylvania’s largest health insurer. The partnership will showcase the impact of Theranos’ services around lowering the cost of care in areas where costs for medical diagnostic testing are high due to the lack of availability of health care resources in Central Pennsylvania.
Theranos, which received clearance of
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Emdeon to Acquire Altegra Health for $910M
On Monday, Emdeon Inc. announced a definitive agreement to acquire Altegra Health, a provider of data aggregation and analytics for payers for approximately $910 million in cash. The acquisition will combine Altegra Health's risk adjustment and quality analytics and Emdeon's Intelligent Healthcare Network, revenue cycle management and payment solutions, enabling the delivery of innovative products designed to help customers elevate care quality, optimize financial performance.
Acquisition
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Former CMO of BIDCO Joins Arcadia Healthcare Solutions as CMO
Arcadia Healthcare Solutions, an EHR data aggregation and analytics technology solutions provider for health systems, provider groups, ACOs, and health plans, is pleased to announce that Dr. Richard Parker will be joining the executive team as Chief Medical Officer. In this role, Dr. Parker will provide his strategic and clinical expertise to Arcadia’s clients managing the transition from a fee-for-service to a fee-for-value environment as well as internal product and engineering teams as they
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MedStar, AARP Partner to Spur Health Innovation for Aging
Maryland-based not-for-profit health system MedStar Health has become the newest Founding Member of Project Catalyst|The Power of We to spur digital health innovation for the aging population. The program provides developers of popular and emerging products insight into how Americans 50-plus use technology, in order to identify ways to improve the devices for mature consumers. The alignment will help MedStar spur innovation in new and emerging digital technologies, products and experiences that
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Allscripts Makes $200M Equity Investment in NantHealth, IPO Imminent
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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