The healthcare Internet of Things (IoT) is expected to reach $117 billion by 2020 with a CAGR of 15.1%, according to recent report by MarketResearch.com. The report, Big Data in Internet of Things (IoT): Key Trends, Opportunities and Market Forecasts 2015 – 2020 forecasts that healthcare will be the highest segment for growth.
When Big Data and IoT are blended, more robust, agile and scalable digital health platforms, data storage systems, and tools will be required than for conventional IoT
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HealthPrize, MeadWestvaco Partner to Increase Medication Adherence
HealthPrize Technologies, LLC and MeadWestvaco are collaborating to integrate their proven adherence solutions to provide an end-to-end program to pharmaceutical companies, pharmacy chains, and the patients they serve. As part of the partnership, MWV's calendared medication packaging will feature a link to HealthPrize's Software-as-a-Service (SaaS) medication adherence and patient engagement platform.
Not only will this linkage connect patients to HealthPrize's digital patient engagement
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TowerView Health Wins Venture+ Forum Pitch Competition
Medication adherence startup TowerView Health was the winner of the 9th annual Venture+ Forum pitch competition for startup companies. A total of fifteen startup companies were selected to deliver live pitch presentations to a panel of investors and healthcare industry leaders, as part of HIMSS15 held last week in Chicago.
TowerView Health offers the first end-to-end solution to help chronically ill patients manage complex medication schedules. Patients using TowerView's service receive a
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Mount Sinai Health Selects InterSystems HealthShare
Mount Sinai Health System, an acclaimed integrated health system, has selected InterSystems HealthShare as its interoperability platform for long-term growth. The HealthShare platform will also support Mount Sinai’s objectives to participate in government programs and value-based contracts to improve care quality, availability, and efficiency.
Mount Sinai Health System is an integrated healthcare system providing exceptional medical care to local and global communities. Encompassing the
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Microsoft Unveils 2015 Health Innovation Awards Winners
Each year, the Microsoft Health Innovation Awards showcases how innovative companies are using their technology to revolutionize medicine by bringing therapeutic breakthroughs to the market faster, to fight serious ailments, improve healthcare and enhance quality of life.
Announced during HIMSS15 last week, here is a look at this year's winners by each submission category:
Innovation in Analytics: STE Consultants, LLC and ABPathfinder, Inc.
ABPathfinder
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Geisinger Opens Genomic Research Center, Houses Telegenomics Program
On Monday, Geisinger Health System formally opened its cutting edge Precision Health Center during a ribbon-cutting ceremony. The 14,000-square-foot,$562,000 facility located in Forty Fort will be home to highly specialized teams from Geisinger's Clinical Genomics and Autism & Developmental Medicine Institute (ADMI), and will serve as the primary location for Geisinger Research in northeastern Pennsylvania.
The center will house clinical research space as well as a patient care center
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CMS Commits $3B to Upgrade Medicaid-Enrollment Systems
The Center for Medicare & Medicaid Services (CMS) is expected to spend $3 billion dollars between fiscal 2016 and fiscal 2025 to help states upgrade and maintain their Medicaid eligibility and enrollment systems, Modern Healthcare first reports. The increase stems from CMS permanently raising the matching rate to 90% from 50% for money that states spend on building Medicaid eligibility & enrollment systems, and from 50% to 75% for maintenance and operations of those systems.
All
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Xerox Wins $565M NY Medicaid Management Contract
Xerox will work with the state of New York to upgrade its Medicaid claims processing system to a next-generation technology platform that will help manage expanding Medicaid rolls, the company announced on Monday. Under a $564.9 million, five-year contract with the New York State Department of Health, Xerox will implement its Health Enterprise solution, a flexible, adaptable and analytical Medicaid Management Information System (MMIS). The system is one of the only platforms that can manage all
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Unofficial Guide to Apple ResearchKit Infographic
Infographic created by Ultera Digital illustrates key facts about Apple ResearchKit, an open source software framework designed for medical and health research that helps doctors, scientists and other researchers gather data more frequently and more accurately from participants using mobile devices.
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Home Health Technology Utilization to Reach 78M by 2020
Consumers utilizing home health technology will increase from 14.3 million worldwide in 2014 to 78.5 million by 2020, according to a new report from Tractica. The report reveals home health technologies are emerging as a distinct segment within the larger mobile and digital health market. Key factors driving the utilization of home health dinclude:
- the ability to remotely monitor patients with chronic conditions
- conduct virtual physician consultations (eVisits) is being seen
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