Merck in partnership with Kenya Ministry of Health, kicked off their first telehealth clinics at both of Kenyatta National Hospital in Nairobi and Machacos Hospital as a part of their e-health initiative in Africa. Merck e-health is a new initiative of Merck’s 5 year Capacity Advancement Program (CAP).
The CAP has been launched by Merck in 2012 to expand healthcare capacity in the areas of research and development, supply-chain integrity and efficiency, pharmacovigilance, medical education,
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Technology
Global Telemedicine Market to Reach $21B by 2020
The global telemedicine market for technologies, including hardware, software & services, stood at US$ 17.8 Billion in 2014, and is anticipated to grow at a CAGR of 18.4% during 2014-2020. The findings from Reportlinker reveals the shortage of physicians in rural and remote areas is fueling the opportunity for telemedicine to spread its reach to millions of patients.
Additionally, telemedicine applications are surging due to the high prevalence of chronic diseases, rising smartphone
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Fruit Street Health Integrates 175 Apps/Wearables to Telemedicine Platform
Digital wellness and telemedicine platform Fruit Street Health has chosen Validic’s digital health platform to access more than 175 wearable devices and applications into its telehealth software, personal health record and HIPAA compliant video conferencing platform.
Fruit Street, Validic Integration
As part of the integration with Validic, Fruit Street Healtht is able to integrate with more than 175 wearable technologies and apps such as FitBit, Withings, Jawbone UP, iHealth Labs, and Apple
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Healthways CEO Ben Leedle Steps Down, Appoints Interim CEO
Wellness program provider, Healthways, Inc. announced that Ben R. Leedle, Jr. has stepped down as Director, President & Chief Executive Officer. The Healthways Board of Directors has appointed Alfred Lumsdaine, Executive Vice President & Chief Financial Officer, to serve as interim Chief Executive Officer until it selects a successor. The process to identify a permanent CEO will be led by the Board's Nominating and Governance Committee, which will consider both internal and external
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MEDNAX To Acquire Teleradiology Firm vRad for $500M
MEDNAX, a national medical group comprised of the nation's leading providers of neonatal, anesthesia, maternal-fetal and pediatric physician subspecialty services announced that it will acquire teleradiology firm vRad for $500 million. vRad's current management team will join MEDNAX as part of the transaction. The company's headquarters and 24/7 operations and client support center will continue to be based in Eden Prairie, Minnesota.
vRad Overview
The outsourced radiology physician services
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Population Health Company Evolent Health Files for $100M IPO
Arlington, Va.-based Evolent Health, a population health management services organization (MSO) that integrates the technology, tools and on-the-ground resources to support health systems in executing on their population health and care transformation objectives has filed for a $100 million IPO, according to SEC filing. The company is looking to raise $100 million and will trade on the New York Stock Exchange under the ticker symbol EVH.
Founded in 2011 by UPMC Health Plan and The Advisory
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Sherpaa Raises $2.25M to Expand Employer Telehealth Visits
NYC-based digital healthcare company, Sherpaa, has raised $2.25 million, bringing the company’s totally funding to $8 million. Investors for this round are O'Reilly AlphaTech Ventures, Softbank and Draper and Associates.
Co-founded by Dr. Jay Parkinson MD, MPH in 2012, New York-based, Sherpaa is a health service that HR executives can provide on top of insurance plans. It allows employees to have access to physicians 24/7 through phone or asynchronous text communication as well as insurance
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Joint Telehealth Pilot Program Reduces Hospitalizations by 45%
An at-home telehealth pilot program for patients with multiple chronic conditions between Philips and Arizona-based Banner Health has led to a 45 percent reduction in hospitalizations. Working together to address the shift toward value-based care and increased penalties for readmissions, the Intensive Ambulatory Care (IAC) pilot program assessed the results of 135 patients1 to determine the effectiveness of the IAC program in meeting its clinical and financial goals.
Joint Telehealth Program
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15 “Vital Signs” for Assessing Population Health Management
Health measurements are requested and required by organizations for various purposes; however, many of the individual measures in use today were developed without attention to the broader context. In some cases, measurements often overlap or are redundant and are implemented for a particular purpose and circumstance.
To resolve this gap, the Institute of Medicine (IOM) has outlined 15 “vital signs” or core measures for tracking progress toward improved population health management in the U.S.
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American Well Unveils Telehealth 2.0 App for Physicians
Today during the 20th Annual Telemedicine Meeting & Trade Show in Los Angeles, American Well, the nation's largest telehealth service, unveiled its next generation product line, AW8. The next generation platform reflects a significant expansion in the reach of telehealth: whereas traditionally telehealth connected patients with available doctors to treat urgent care issues, Telehealth 2.0 now allows individual physicians to bring telehealth into their daily practice and use it to care for
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