SAP has purchased purchased 4.76 million shares of newly issued Class B common stock in Castlight Health, a leading health benefits platform provider. The purchase results in SAP holding 4.7% post-issuance of the currently-outstanding common shares of Castlight, at a price per share of $3.77, for approximately $18 million in cash. SAP also received a warrant in connection with its stock purchase, under which SAP has the right to purchase an additional 1.9 million shares of Castlight Health Class
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Accenture Intelligent Patient Platform Integrates with Salesforce Health Cloud
Accenture has teamed up with Salesforce to integrate its Accenture Intelligent Patient Platform with Salesforce Health Cloud, giving life science and healthcare providers the ability to deliver a personalized patient experience. The Salesforce Health Cloud integration gives life sciences companies and healthcare providers the ability to support more informed patient decisions, help increase patient engagement across their caregiver networks, and more efficiently manage patient data.The Accenture
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EHR Hosting Vendor ITelagen Acquires Acquires Competitor Planet Logic
ITelagen, an IT Support and Hosting service for healthcare providers and practices, announced today that they will be acquiring Planet Logic, a Newton, New Jersey based healthcare cloud hosting company. Financial terms of the acquisition were not disclosed and it is expected to close on May 31, 2016. The acquisition complements ITelagen 's IT and EHR Support and Hosting Services with Planet Logic's custom healthcare solutions. The union of these organizations will allow for an acceleration of
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Philips Lands 8 Year, $36M Deal with MUSC Health to Transform Patient Monitoring
Today, Philips announced an eight-year, $36 million dollar deal with the Medical University of South Carolina (MUSC) Health to transform and improve its patient monitoring system. Through an enterprise managed services model, Philips will install, integrate, and manage patient monitoring systems (including consumables) and software, as well as providing maintenance, training, and consulting services within a structured monthly payment model. The deal makes MUSC the fifth long-term, strategic
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Accenture: Top 5 Digital Health Trends Show the Power of People
Every year, the Technology Vision team partners with Accenture Research to pinpoint the emerging IT developments that will have the greatest impact on companies, government agencies and other organizations in the next three to five years.The research process began during 2015 with gathering inputs from the Technology Vision External Advisory Board, a group comprising more than two dozen experienced individuals from the public and private sectors, academia, venture capital and entrepreneurial
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Johnson & Johnson, HP Partner to Create 3D Printing Solutions for Personalized Care
Johnson & Johnson and HP Inc. has announced a collaboration to use 3D printing technologies to create better health care outcomes at reduced costs. Together, both companies plan to combine their scientific, clinical, material science and technological expertise, and deep insights to develop products and solutions which can be manufactured quickly and customized to the needs of an individual patient or consumer. Collaboration DetailsThe collaboration will focus on personalization of
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PokitDok Unveils 3 New Pharmacy APIs for Real-Time Digital Access
Healthcare API platform startup PokitDok has unveiled a new suite of pharmacy APIs to bring quick data access prior to writing prescriptions and sending patients to pick them up. Starting today, physicians, EMRs and other digital innovators can have a consolidated view of patient prescription plans, qualified formularies, in-network pharmacies, and related financial information.Lack of Real-Time IntegrationWhile hospitals and medical practices maintain EHRs to house patient health history, the
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SAP, Dell, Intel Team Up to Deliver Personalized Care through Actionable Insights.
This week during SAP Sapphire NOW, Dell has announce an optimized architecture for SAP Foundation for Health, which is built in collaboration with Intel and SAP. The collaboration will offer a clear path to analytics value and personalized medicine for organizations in health, life science, and other industries.With patient care, first time accuracy, speed and reliability as top requirements in the medical field, this architecture enables healthcare organizations to analyze large amounts of
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American Well Unveils Supply & Demand Telehealth Exchange Platform: 6 Things to Know
National telehealth provider American Well, today has unveiled its newest enterprise telehealth service called the Exchange allowing healthcare organizations the ability to redistribute their services online to new patient populations. Here are six key things to know about the new Exchange: 1. With the Exchange, the virtual barriers between the supply and demand generators and their distinct telehealth services are lifted. Now, these organizations can connect and exchange their services with
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ARC Devices, VSee Partner to Create Remote Patient Monitoring Kit
ARC Devices Ltd., a provider of digital, non-touch thermometry has announced a partnership with telehealth platform provider, VSee, to design a wireless connected thermometer embedded into a remote patient monitoring kit. With this integration, ARC's thermometer will provide real-time temperature data to power a new generation of video and data-driven telehealth connectivity.Clinicians around the world agree that an accurate temperature reading is one of the most important elements of any
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