Continuous contact-free patient monitoring can save the US healthcare system up to $15 billion annually, according to peer-reviewed paper published in Critical Care Medicine. Conducted by researchers from Harvard School of Medicine, and a new Frost & Sullivan report, Finding Top-Line Opportunities in a Bottom-Line Healthcare Market, each hospital bed monitored with EarlySense enables hospitals to achieve a cost savings of approximately $19,940.The cited cost savings are attributed to
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Health IT | News, Analysis, Insights - HIT Consultant
Elation Health Lands $15M to Expand Its Physician Practice EHR
Elation Health (formerly known as ElationEMR) , a SF-based health tech startup has raised $15 million in Series B funding led by DFJ, with participation from angel investors including former president and CEO of Stanford Hospital and Clinics, Martha Marsh; and co-founder of Quora and creator of the Facebook Platform and Facebook Connect, Charlie Cheever. The company was founded by siblings Kyna and Conan Fong. Kyna, previously a professor at Stanford, and Conan, a former healthcare consultant,
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IDS Adds SyTrue’s NLP Technology to its Clinical Reporting Platform
IDS, a cloud-based healthcare technology company has announced a partnership with enterprise Natural Language Processing (NLP) provider SyTrue to drive new point of care insights and inform the full cycle of patient care. As part of the partnership, IDS is integrating SyTrue’s NLP OS™ operating system into Voice2Dox, IDS’ advanced clinical and diagnostic reporting and speech recognition platformIntegration DetailsThe new NLP system is seamlessly embedded into Voice2Dox workflows, boosting
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Viewics Raises $10.5M to Make Disparate Healthcare Data Meaningful
Viewics, a Sunnyvale, CA-based healthcare-focused analytics company that provides hospitals and health systems with management solutions has raised $10.5 million in funding led by existing investor Canvas Ventures and new investors Roche Venture Fund and City National Bank. The company will utilize the funds to further expand Viewics’ analytics platform and management solutions. Founded in 2009, Viewics provides advanced analytics that help health systems and ACOs realize clinical, operational,
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McKesson Awarded Patent for Enterprise Management System to Unify Information Flow
McKesson Health Solutions has been awarded a patent for proprietary technology at the heart of McKesson Provider Manager™ and other provider network management products. The patent is specifically for the system and method McKesson Provider Manager uses to unify information flow, business rules, and complex healthcare-related processes into an integrated set of core applications. By bringing together traditionally fragmented, multi-layered silos of a healthcare organization, the invention allows
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Verily, GlaxoSmithKline Partner to Develop Bioelectronic Medicines
Alphabet company Verily (formerly Google Life Sciences) is teaming up with pharmaceutical firm GlaxoSmithKline to develop bioelectronic medicines. The new company, Galvani Bioelectronics headquartered in the UK aims to research, develop and commercialize implantable, miniature devices which could potentially treat illnesses such as arthritis, diabetes and asthma. As part of the agreement, GSK will hold 55% equity interest and Verily will hold 45% owned by Verily, and receive up to $712M funding
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New HHS CyberSecurity Initiative: Too Little, Too Late?
Editor’s Note: D’Arcy Guerin Gue is a co-founder of Phoenix, with over 25 years of experience in executive leadership, strategic planning, IT services, knowledge leadership, and industry relations — with a special focus on patient engagement and federal compliance issues. She currently serves as the Director of Industry Relations at Phoenix Health Systems, a division of Medsphere SystemsAfter years of increasingly dangerous data security and privacy breaches across the American healthcare
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How to Turn Medical Minds Into Data Driven Docs of Tomorrow
Editor's Note: Nora Lissy, RN is the director of healthcare informatics at Dimensional Insight, a provider of data analytics and integrated business intelligence for healthcare organizations. A recent report from Grand View Research found that the global healthcare analytics market is expected to reach $42.8 billion by 2024, proving the intrinsic value that health organizations are seeing from this type of capability. Analytics have the ability to benefit a number of departments across a
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The State of Healthcare Data Analytics & Reporting: 9 Things to Know
Majority of healthcare organizations do not have have a data analytics solution in place to improve their revenue cycle, yet are currently looking to implement a solution, according to a recent survey conducted by Navicure. Conducted in May and June 2016, Navicure® commissioned Porter Research to conduct a national survey with over 600 healthcare leaders to gauge their current data analytics and reporting processes, challenges and technologies. Here are nine key findings from the
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Reltio Raises $22M to Fuel Healthcare Data Management Apps
Reltio, a Redwood Shores, CA-based creator of new “data-driven apps” delivered through a modern data management platform has raised $22M in Series B funding led by New Enterprise Associates (NEA). The round also included participation from existing investors Crosslink Capital and .406 Ventures bringing Reltio’s total venture funding to $32M to date. The company plans to utilize the recent to strengthen its footprint in modern data management through accelerated hiring of talented individuals
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