Before drifting off to sleep, most of us put on pajamas when it’s time to curl up with a good book or binge-watch what’s trending on Netflix—but not today’s doctors.
According to one previous study, physicians spend nearly two hours conducting EHR/paperwork every night at home. This after-hour activity is known in healthcare as “pajama time,” but don’t let the cutesy nickname fool you. Turns out, time spent mired with EHR data is becoming a growing problem for physicians. A subsequent study
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Advisory Board
Health Tech VC Firm Flare Capital Partners Closes $255M Fund
Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
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FDA Clears First Smartphone-Controlled Migraine Wearable Device
Today, Theranica announced that the FDA has granted De Novo clearance for Nerivio Migra, the first-ever smartphone controlled wearable for the acute treatment of migraines. Worn on the upper arm, Nerivio Migra utilizes remote electrical neuromodulation for the acute treatment of migraine that is proven to be as effective as leading devices and drugs on the market in treating acute migraine, with fewer and more mild side effects.Migraine is the third most common disease in the world, with an
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Glooko Appoints Dr. Mark Clements as Chief Medical Officer
Glooko, a provider of diabetes data management solutions, today announced the appointment of Mark Clements, MD, Ph.D., CPI, FAAP, as Chief Medical Officer. Dr. Clements joins the senior management team of Glooko having served on its medical advisory board since it was formed in 2015 to provide expertise to the organization in the areas of clinical studies and diabetes analytics.
Dr. Clements comes to Glooko from the University of Missouri-Kansas City School of Medicine, where he is Associate
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Censinet Nabs $7.8M for Third-Party Vendor Risk Management Platform
Censinet, a third-party risk management company for healthcare providers has raised $7.8 million in Series A funding co-led by HLM Venture Partners and Cedars-Sinai Health System. The Series A round also includes participation from seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures.The Problem with Provider Vendor Risk Management TodayHospitals today work with 700 vendors on average, each requiring a risk assessment that can take eight weeks or more to complete. Due to the
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EverlyWell Raises $50M to Scale In-Home Digital Lab Testing Platform
EverlyWell, an Austin, TX-based next-generation healthcare testing platform has raised $50 million in funding led by long-time investors Goodwater Capital with Highland Capital Partners joining. Next Coast Ventures, NextGen Venture Partners, SoGal Ventures and others participated. The company will use the funding to expand its digital platform and scale existing partnerships with leading brands like CVS and Humana.Cumbersome Traditional Lab Testing ProcessOver seven billion lab tests are run
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Former ONC Chief Karen DeSalvo Joins LRVHealth as Executive Advisor
Former ONC Chief and Assistant Secretary at HHS joins “Inside Healthcare” investing platform focused on identifying and nurturing digital health innovation. Dr. Karen DeSalvo, who served as National Coordinator for Health Information Technology and Assistant Secretary for Health (Acting) during the Obama administration is joining LRVHealth as an executive advisor. LRVHealth is an early-stage venture platform exclusively focused on finding, investing in and building disruptive new digital health,
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5 Tips for Protecting Your IoT-enabled Medical Devices
Research shows us that security breaches can greatly impact a healthcare organization’s reputation. Unfortunately, healthcare leaders are stuck in the cross hairs of consumers and hackers. While consumers want transparency, access to information and assurance their personal information will remain safe, hackers are busy compromising patient information at a faster speed than ever before.As healthcare IT organizations strive to become more accessible and “open” to support patient engagement
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Optum to Acquire The Advisory Board Company’s Healthcare Business for $1.3B
United Health Group’s healthcare consulting and services unit, Optum has agreed to acquire The Advisory Board Company’s healthcare business for $1.3 billion, including the assumption of The Advisory Board Company’s debt. Based in Washington D.C., Advisory Board is a strategic healthcare advisory services firm that uses a combination of research, technology and consulting to improve the performance of more than 4,400 healthcare organizations.For Optum, the acquisition of the Advisory Board
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Advisory Board Acquires Clinovations for Undisclosed Sum
Health IT consulting firm Clinovations announce that the company has been acquired by global consulting firm The Advisory Board Co. for an undisclosed sum. Taking a clinically-oriented approach, Clinovations serves more than 50 clients helping them derive value from their EHR investments and other health care technology systems. The company also works with life sciences and federal provider agencies providing strategic guidance and tactical support on how to leverage health information
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