Is healthcare innovation broken? According to a recent global survey of seniors executives conducted by PA Consulting Group, much of the healthcare industry's problem with innovation comes down to internal, structural resistance to change. Despite these obstacles, the healthcare leaders assert there is no shortage of good ideas in their organizations.
Barriers/Challenges to Healthcare Innovation
Healthcare senior executives identified the following four biggest challenges to healthcare
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Digital Health | News, Analysis, Insights - HIT Consultant
FBI issues IoT Security Warning for Medical Devices, Wearables
The Internet of Things (IoT) refers to any object or device which connects to the Internet to automatically send and/or receive data may pose serious security risks for medical devices and wearables, according to an FBI public service announcement. For healthcare, medical devices, such as wireless heart monitors or insulin dispensers and wearables e.g. fitness devices could provide opportunities for cyber criminals to intrude upon private networks and gain access to other devices and information
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Omada Health Raises $48M to Help Employers, Health Plans Tackle Chronic Disease
Omada Health, the Andreessen Horowitz-backed digital health company that helps employers and health plans avoid getting diabetes, heart disease, and other chronic conditions, announced today that it has raised $48 million in Series C funding. The round was led by Norwest Venture Partners, including strategic investment from two Omada customers – Humana, Inc. and Providence Health & Services, as well as prior investors US Venture Partners, Andreessen Horowitz, Rock Health and new investors
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Google Capital Pours $32.5M into Insurance Startup 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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Rare Genomics Institute Launches 10 Crowdfunding Campaigns to Help Rare Disease Patients
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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Doctor Search Portal Practo Acquires Insta Health For $12M
After raising $90 million in Series C funding in August, India-based physician search portal Practo has acquired cloud-based hospital information management company Insta Health for $12 million (Rs 80 crore) in a cash and equity deal. Founded in 2008, Insta Health provides hospital information systems and EMR solutions to hospitals across South East Asia, Middle East, India, and Africa. The Insta Health acquisition marks the company's third acquisition in less than six months. The acquisition
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IBM Watson Health Cloud Expands Capabilities to Bring Innovations to Doctors, Patients
After unveiling the IBM Watson Cloud earlier this year, IBM shows no signs of slowing down their market penetration in healthcare. To further expand their capabilities of Health Cloud, today it has announced the introduction of the IBM Watson Health Cloud for Life Sciences Compliance and the IBM Watson Care Manager.
IBM Watson Health Cloud for Life Sciences Compliance Overview
The IBM Watson Health Cloud for Life Sciences Compliance will help biomedical companies bring medical innovations
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New York Digital Health Accelerator Unveils 2015 Class of 6 Startups
The New York Digital Health Accelerator (NYDHA) has announced their 2015 class of six early and growth stage digital health companies that are developing cutting-edge technology products for healthcare providers and patients in the areas of care coordination, patient engagement, and workflow improvement. The four-month program run by the Partnership Fund for New York City (Partnership Fund) and the New York eHealth Collaborative (NYeC) will provide the digital health startups direct access to
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Geisinger Awarded 4 Year Grant to Integrate Genetic Data into EHRs
Two Geisinger researchers have been awarded more than $3.5 million to spend the next four years combining DNA sequence information and health information in thousands of patients' EHRs to study two disorders: familial hypercholesterolemia and chronic rhinosinusitis. The award from the National Institutes of Health was announced this week and is part of the Electronic Medical Records and Genomics (eMERGE) network administered by the National Human Genome Research Institute (NHGRI). The goal is
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Kinsa Launches New Smart Ear Thermometer for Instant Temperature Readings
Kinsa, the company behind the world’s first FDA-cleared smartphone-connected thermometer, has announced the launch of its second connected health device, a wireless Smart Ear Thermometer on Indiegogo that provides instant and accurate temperature readings at the push of a button. Kinsa's Smart Ear Thermometer is the first to combine temperature readings with symptom tracking and actionable next steps based on key health indicators.
The device is now available for pre-order on
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