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Staff Writer | HIT Consultant

Verisk Analytics Unloads Healthcare Services Business for $820M

by HITC Staff 04/27/2016 Leave a Comment

Verisk Analytics

Verisk Analytics , a data analytics provider serving customers in insurance, energy, healthcare, financial services, government, and risk management and private equity firm Veritas Capital has signed an definitive agreement to acquire Verisk`s healthcare services business for $820M. The company hired Morgan Stanley to sell Verisk Health, its healthcare division back in October 2015,  hoping to fetch  between $900M to $1.08B from the acquisition. Financial terms of the $820M acquisition consists
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Nokia to Acquire Withings for $191M, Enters Digital Health Market

by HITC Staff 04/26/2016 Leave a Comment

Nokia to Acquire Withings for $191M, Enters Digital Health Market

Nokia has announced plans to acquire Withings, the Frenchh-based connected health company with a family of digital health products including fitness bands, sleep-trackers, thermometers, watches and scales for  for €170 million ($191 million) in cash. The acquisition is expected to close in early Q3, 2016 subject to regulatory approvals and customary closing conditions. The acquisition marks Nokia's official entry into the digital health market to help boost its ongoing renewal of Nokia
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LifeMap Solutions Launches Mobile Health App Design & Development Services

by HITC Staff 04/26/2016 Leave a Comment

LifeMap Solutions

LifeMap Solutions, the digital health subsidiary of BioTime, Inc. and co-developer of ResearchKit-enabled app Asthma Health, has announced a new service to develop custom smartphone apps and research studies for partners worldwide. Through its new service, LifeMap offers clients its deep expertise in medical science, consumer behavior, app analytics, and design. LifeMap then adds the client’s own unique expertise to the mix and guides the development, from concept to completion, of a new
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AMA, IDEA Labs To Support Medical Technology Development for Young Entrepreneurs

by HITC Staff 04/26/2016 Leave a Comment

AMA, IDEA LABS

The American Medical Association (AMA) has teamed up with IDEA Labs, a student-run biotechnology incubator to support medical technology development from the next generation of young entrepreneurs studying at Washington University in St. Louis, Harvard University, Massachusetts Institute of Technology, University of Pennsylvania and University of Minnesota.  Working together with IDEA Labs furthers the AMA mission by providing physicians nationwide with additional opportunities to shape the
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McKesson, Blue Cross Blue Shield of Arizona Launch Value-based Care Collaborative

by HITC Staff 04/26/2016 Leave a Comment

McKesson, Blue Cross Blue Shield of Arizona Launch Value-based Care Collaborative

McKesson Business Performance Services and Blue Cross Blue Shield of Arizona (BCBSAZ) have launched a new company, ACO Partner, a Maximum Services Organization, an innovative collaborative that will leverage McKesson’s physician engagement, care management, and population health services and technology. ACO Partner plans to contract with payers and provider groups nationwide to increase the overall quality of care through strong partnerships in pursuit of the triple aim of lowering costs,
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5 Healthcare Systems Pump $17M into Google Glass Startup Augmedix

by HITC Staff 04/25/2016 Leave a Comment

Augmedix Google Glass

Augmedix, Inc., a Google Glass-focused digital health startup announced it has raised $17M in strategic funding from leading healthcare systems including Sutter Health, Dignity Health, Catholic Health Initiatives (CHI), TriHealth Inc, and one more. The strategic round was led by Redmile Group with participation from founding institutional investors Emergence Capital and DCM Ventures. Augmedix has raised $40 million in total funding to date. The strategic investment from the five healthcare
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HealthVerity Raises $7.1M to Unlock the Value of Patient Data

by HITC Staff 04/22/2016 Leave a Comment

HealthVerity

HealthVerity, a provider of technologies and software tools for the discovery and integration of optimal patient data sets has announced $7.1M in funding led by Flare Capital Partners and Greycroft Partners with participation from additional strategic healthcare investors. The Philadelphia-based startup will utilize the funding to accelerate the development of its privacy and data interoperability technologies.Founded in 2014, HealthVerity seeking to enhance patient insights from existing and
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Centra to Deploy Cerner EHR, HealtheIntent Population Health Across Enterprise

by HITC Staff 04/22/2016 Leave a Comment

centra health

Centra, an integrated delivery network based in Virginia has selected Cerner to implement its Millennium EHR across its five hospitals, more than 50 ambulatory and long-term care facilities, and health plan. Additionally, Centra will also implement Cerner’s near real-time population health management platform, HealtheIntentSM. The platform aggregates data from multiple sources into a single patient record allowing Centra to match the right care programs to the right individuals across its
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DRG Launches Real World Evidence Repository of Claims, EHR data

by HITC Staff 04/21/2016 Leave a Comment

Healthcare_Ecosystem_DRG600x600

Decision Resources Group (DRG), a provider of healthcare analytics, data and insight products has launched a Real World Evidence (RWE) repository of claims and EHR data that provides insight to over 90% of the U.S. healthcare system. The RWE data asset derives from multiple data providers in the U.S. and comprises patient, healthcare professional and payer level analysis.The DRG RWE repository covers:- 240M unique U.S. patients with over 5 years of historical data- 3.2B medical and pharmacy
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IBM Watson, ODH Launch Population Health Management Platform to Transform Behavioral Healthcare

by HITC Staff 04/21/2016 Leave a Comment

IBM Watson, ODH Launch Population Health Management Platform

Behavioral health analytics provider ODH, Inc. and IBM Watson Health are teaming up to launch Mentrics, a population health management platform designed to help managed care organizations transform the quality and cost of behavioral healthcare. The platform is built specifically for managed care organizations that handle behavioral health benefits. Mentrics will streamline data and care coordination while generating valuable insights to help optimize care for patients with behavioral health
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