CareCloud, a provider of cloud-based software and services for medical groups, has announced the results of its annual Practice Profitability Index (PPI), one of the largest national efforts to study the operational health and profitability outlooks of U.S. medical practices. Leading the findings in the 2015 study is a mild upswing in projections for profitability among the more than 5,000 physicians surveyed.
The PPI was conceived as part of a partnership between CareCloud and QuantiaMD, an
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McKesson Ventures Invests in Home Care Platform ClearCare
Today, McKesson Ventures announced an undisclosed strategic investment in cloud-based home care platform ClearCare. The latest round of strategic funding follows an $11 million funding round in 2014, led by Bessemer Venture Partners (BVP), with participation from Cambia Health Solutions and existing investors Voyager Capital, Qualcomm Ventures and Harbor Pacific Capital. Prior to this strategic investment by McKesson Ventures, ClearCare raised $15.5 million.
As 90 percent of people over
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Nuance Adds Reporting, Advanced Lung Cancer Screening Registry to Radiology Solution
Today, Nuance announced it has added several new innovations to its PowerScribe 360 version 3.5 diagnostic imaging solution designed to help radiologists enhance patient care. These include multimedia reports, advanced lung cancer screening registry reporting and enhanced quality guidance content for radiologists at the point of interpretation.
Multimedia Reporting
Nuance PowerScribe 360 version 3.5 enables relevant PACS images to be embedded into reports for sharing of multimedia reports
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AMIA Urges CMS to Rethink Informatics Policies as New Models of Care Emerge
In comments submitted to the Centers for Medicare & Medicaid Services (CMS), the nation’s leading data scientists in healthcare urged federal officials to use new payment policies to reassess how providers are required to use informatics tools, and rethink how quality is measured in a digital world. Officials from the American Medical Informatics Association (AMIA) said new and novel ways to deliver care will rely on dynamic uses of information technology (IT) and other informatics tools, so
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UCSF, Voalte Partner to Develop Social-based Clinical Communication Platform
Sarasota, FL-based healthcare communication company, Voalte is partnering with the Center for Digital Health Innovation (CDHI) at University of California, San Francisco (UCSF) in 2016 to develop Voalte Story, a product based on CareWeb, a clinician facing interactive patient wall that caregivers may access to post and link texts or alarms to a specific patient.
Built upon Voalte Platform, the company’s new communication solution, Voalte Story utilizes “enterprise social-based communication”
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4 Reasons Why Fossil Acquired Misfit for $260M
On Thursday, watch maker giant Fossil Group, Inc. entered into a definitive agreement to acquire wearable technology company Misfit, Inc.for $260 million. The purchase price, which includes transaction costs, will be funded through a combination of cash on hand and bank debt.
Fossil Group expects the acquisition to close before the end of fiscal 2015, subject to customary closing conditions and regulatory approval. Misfit founder and CEO Sonny Vu will now serve as president and chief
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Practice Fusion Appoints Tom Langan as Permanent CEO
Practice Fusion, the cloud-based EHR platform has appointed Tom Langan as its permanent Chief Executive Officer. Langan has been interim CEO of Practice Fusion since August of this year, replacing Ryan Howard who assumed the position of Chairman of the Board. This also follows Langan’s appointment as a member of Practice Fusion’s Board of Directors in September of this year, a role which he will continue to fill following his appointment as permanent CEO.
“Practice Fusion has been a
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MedHelp Adds Blood Glucose Tracking via Apple Watch App
MedHelp®,the consumer division of Physicians Interactive®(PI) is expanding its diabetes management platform to allow individuals to track blood glucose levels on the Apple Watch®. With this new capability for consumers, MedHelp continues its focus on creating highly effective tools that help consumers, providers, payers and otherpartners address the management of chronic conditions that are rapidly taking a significant toll on America's health and the national healthcare system.
A
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DICOM Grid Raises $3M for Cloud-Based Medical Images
DICOM Grid, makers of the leading cloud-based, medical image management suite has raised $3 million in venture debt financing from City National Bank to the Series B equity financing led by Canaan Partners last year. The latest funding brings its total funding to date at $34M. The company plans to use the new funds to ramp up sales and marketing efforts and accelerate product development.
To date, DICOM Grid has processed over 2 billion diagnostic images, more than 100,000 every month, and
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Ask The Doctor Acquires UK’s Largest Telehealth Services Provider
Toronto-based Ask The Doctor, a health platform that connects users to doctors to receive immediate help has acquired Patients Connected Ltd., one of the largest telehealth services in the United Kingdom. Patients using the telehealth platform can easily connect to thousands of licensed physicians in the UK. Financial details of the acquisition were not disclosed.
Integration Details
As part of the acquisition, Ask The Doctor will take over the Patients Connected London office at the end of
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