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Staff Writer | HIT Consultant

Google Capital Pours $32.5M into Insurance Startup Oscar Health

by HITC Staff 09/16/2015 Leave a Comment

Oscar Health

Google Capital has invested $32.5 million in Oscar Health, a health insurance company using technology to make insurance simple, intuitive, and human with a valuation of $1.75B, The Wall Street Journal reports. The recent funding brings startup’s funding total up to $352.5 million. Launched in 2013, Oscar Health's quality network has more than 40,000 users in New Jersey and New York with plans to expand its coverage to California and Texas in 2016. The company's business model is focused on
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iHealth Unveils New Wireless Scale and Smartphone App

by HITC Staff 09/16/2015 Leave a Comment

  iHealth Lab, a provider of consumer-friendly mobile health devices and apps, has unveiled the iHealth Core: Wireless Body Composition Scale (HS6) and a new iHealth MyVitals smartphone app.  Combined, the solution provide users with a comprehensive view of their body composition and how their fitness routine impacts their overall wellness over time. The solution also allows persons with chronic conditions such as obesity and hypertension to better manage their health and make
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Rare Genomics Institute Launches 10 Crowdfunding Campaigns to Help Rare Disease Patients

by HITC Staff 09/15/2015 Leave a Comment

Rare Genomics Institute

Rare Genomics Institute (RG) is launching ten separate crowdfunding campaigns to help patients with rare diseases pinpoint the causes of their illnesses. All amounts raised will go towards exome sequencing, which is a cutting-edge method of partial genome sequencing to find the genetic causes of diseases. This effort is part of Amplify Hope, initiated by RG to determine the most effective crowdfunding programs and measure their effect on scientific education. Amplify Hope is a new RG study
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Healthcare Security Breaches Cost $31B and Growing (Infographic)

by HITC Staff 09/15/2015 Leave a Comment

While the news frequently reports the number of data breaches in the health care industry, few may realize that the estimated cost for HIPAA breaches since 2009 has reached over 31 billion dollars. As the volume of healthcare security breaches exponentially increases, so does the need to share this information for secondary uses such as research and analysis that can lead to better treatments, cures and improved care. The following infographic created by Privacy Analytics illustrates some of
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Report: mHealth Market Will Account for Nearly $18B in 2016 Alone

by HITC Staff 09/14/2015 Leave a Comment

Report: mHealth Market Will Account for Nearly $18B in 2016 Alone

Research and Markets estimates that the mHealth market will account for nearly $18 Billion in 2016 alone. Despite barriers relating to regulation, patient acceptance and privacy concerns, estimates suggest further growth at a CAGR of 40% over the next 5 years.  The mHealth (Mobile Healthcare) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts report presents an in - depth assessment of the global mHealth market. In addition to covering key market drivers,
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Huron Consulting Group to Acquire Cloud62 to Enhance Salesforce.com Capabilities

by HITC Staff 09/14/2015 Leave a Comment

Huron Consulting Group to Acquire Studer Group for $325M

Huron Consulting Group, a provider of business consulting services, today announced that it has entered into an agreement to acquire Cloud62, a high-growth firm specializing in complex Salesforce.com implementations and related cloud-based applications. The addition of Cloud62 will expand Huron’s Salesforce.com offerings to clients across multiple industries, including healthcare, higher education, manufacturing, retail and financial services. Terms of the acquisition, which is expected to close
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Partners HealthCare, Health Catalyst Partner to Create Population Health Center of Excellence

by HITC Staff 09/11/2015 Leave a Comment

Partners HealthCare Gets 7 Year $12M NIH Grant for Biomedical Innovation Center

Partners HealthCare and Health Catalyst have established a $30 million initiative strategic collaboration aimed at fostering and accelerating the adoption of population health management (PHM) strategies and practices nationally to improve the quality of health care and lowering costs while meeting the needs of patients, providers and payors. The new population health center of excellence is designed to enable the development and testing of innovative PHM strategies at Partners and, in
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3M to Consider Possible Sales Of Its Health IT Business

by HITC Staff 09/11/2015 Leave a Comment

On Thursday, 3M announced that it is exploring strategic alternatives for its global health IT business. These alternatives, all of which are focused on building upon the business’ strong foundation, could include: - spinning-off its health IT business - selling the health IT business entirely  - retaining and further investing in the existing health IT business within 3M. 3M Health Information Systems, a business of 3M Health Care, works with providers, payers, and government
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Clinovations GovHealth Awarded Subcontract for $4.3B DoD EHR Modernization Project

by HITC Staff 09/11/2015 Leave a Comment

DoD EHR Modernization Project_IBM Partners with Epic to Bid on DoD HIM Contract

Clinovations Government + Health, a provider of technology services that span public sector and provider health domains, today announced that the company was a part of the Leidos Partnership for Defense Health team awarded a contract by the Department of Defense (DoD) to provide an electronic health record (EHR) for the U.S. Military. The team solution will include an off-the-shelf EHR with the associated services needed to deploy the EHR across the Military Health System. DHMSM Contract
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Infographic: 10 Most Popular EHRs

by HITC Staff 09/11/2015 Leave a Comment

IIt’s no secret that physicians look to their peers for information about EHRs before they purchase, yet the majority of rankings focus solely on overall revenue or total number of licenses sold. While these lists prove valuable in considering market share, for physician buyers, they lack that critical component of peer feedback. The following infographic created by Software Advice illustrates the top ten most popular EHRs based on a proprietary survey of 576 frequent users, brand search
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