The global healthcare Natural Language Processing (NLP) market is expected to grow from $1.10 billion in 2015 to $2.67 billion by 2020, at a CAGR of 19.2%. According to a new market research report, "Natural Language Processing Market for Health Care and Life Sciences Industry by Type (Rule-Based, Statistical, and Hybrid NLP Solutions) - Worldwide Forecast and Analysis to 2015 - 2020", published by MarketsandMarkets, NLP technologies are gaining traction in healthcare and life sciences industry
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4 Types of Telehealth Solutions
Telehealth represents the next frontier in medical care, and it's something healthcare providers are already feeling the pressure from their digitally connected patients to provide. How much pressure? According to Logicalis Healthcare Solutions, the healthcare-focused arm of Logicalis US, an international IT solutions and managed services provider, that depends on the generation of patient being served.
While traditional communication channels remain popular among older patients, the next
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Capital One to Acquire GE’s Healthcare Finance Unit for $8.5B
Capital One Financial Corp. has agreed to acquire General Electric Co.’s health-care finance unit for about $9 billion to build its niche focus in the healthcare market. As part of the acquisition, Capital One get $8.5 billion of GE healthcare-related loans and its Healthcare Financial Services business for a 6 percent premium to par value of all receivables as of June 30, 2015. Capital One expects this acquisition to strengthen its footprint in the niche healthcare market and position its
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athenahealth Updates Its Patient-Centered Medical Home Accelerator Program
athenahealth a provider of cloud-based EHR services and mobile applications for medical groups and health systems has announced updates to its Patient-Centered Medical Home (PCMH) Accelerator Program. Awarded an outstanding 35.25 automatic credits and 45.5 practice support points by the National Committee for Quality Assurance (NCQA), athenahealth ® streamlines providers' pathway towards formal NCQA PCMH Recognition.
Practices using athenahealth's EHR, athenaClinicals ®, and patient
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5 Best Practices To Ensure A Smooth, Expedient ICD-10 Transition
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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