BHE, a Boston, MA-based innovative healthcare analytics company, today announced a $78 million minority growth investment led by Silversmith Capital Partners (“Silversmith”) and Leerink Transformation Partners (“LTP”). Instant Health DataThe use of real-world evidence (RWE) has grown rapidly within life sciences companies over the last several years, supported by the proliferation of large datasets, new computing technologies, and interest by both payers and regulatory agencies in understanding
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CareDx Acquires OTTR for $16M to Enable EMR Integrations at Transplant Centers
CareDx, Inc., a molecular diagnostics company focused on the discovery, development, and commercialization of clinically differentiated, high-value diagnostic solutions for transplant patients has agreed to acquire OTTR Complete Transplant Management (“OTTR”), a provider of organ transplant patient tracking software.Financial DetailsCareDx will pay approximately $16M to acquire OTTR and intends to fund the transaction with cash on hand. For the full year 2019, OTTR’s revenue is projected to be
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What The Failure of Microsoft’s HealthVault Means for the Future of EHRs
Microsoft recently announced that it is officially shutting down HealthVault at the end of this year. HealthVault was Microsoft’s attempt at a web-based personal health record system. You probably never used it -- it suffered low adoption. But while HealthVault will shut down, mobile apps that collect and store your personal health information and share it with your healthcare team are poised to revolutionize medicine and wellness practice.
The downfalls of HealthVault included its focus on
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Canadian Virtual Care Startup OnCall Health Raises $1.5M to Expand Operations in North America
OnCall Health, a Toronto, CA-based platform that provides simple, secure virtual care technology and services for healthcare providers, today announced it has raised $2 million CAD ($1.5M USD) in seed funding led by Ripple Ventures with participation from Panache Ventures, Stout Street Capital, and Maple Leaf Angels.OnCall Health BackgroundFounded in 2016, OnCall’s secure virtual care (telemedicine) technology facilitates video or text-based consultations for healthcare practices and streamlines
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HealthAxis Group Acquires BI/Data Warehouse Company Analytics Partners
HealthAxis Group, an IT solutions provider for healthcare payers, including TPA's and insurance companies has acquired Analytics Partners, a provider of business intelligence and data warehouse solutions for healthcare organizations. Under terms of the acquisition, HealthAxis Group will acquire Analytics Partners stock and assets and will begin consolidating all business under the HealthAxis Group brand.Analytics Partners OverviewAnalytics Partners specializes in analytics solutions such as
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HIMSS19 Day 2 Announcements & Summary
Accenture: Millenials & Gen Z Are Shifting to Virtual, Retail, Clinic, Digital CareMillennial and Gen Z consumers in the U.S. are rapidly adopting non-traditional care models, such as retail clinics, virtual and digital services, according to results of an Accenture survey of 2,000 consumers.Key findings of the survey study include:- When considering traditional in-person care, millennials (ages 22 to 38 in 2019) were two to three times more likely than baby boomers (ages 55 to 73) to be
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NantCare Unveils Solutions to Support CMS Oncology Care Model
NantCare, a member of the NantWorks will be providing community oncology practices with solutions and resources that will help these practices comply with the administrative and clinical requirements put forth by the CMS’ new Oncology Care Model (OCM). Typically only available at large cancer institutions, NantCare will provide access to clinical trials through facilitation of participation in Cancer MoonShot 2020’s QUILT Trials, eliminating the need for patients to travel to major cancer
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Data Governance: Creating a Lifeline for Healthcare Organizations Drowning in Data
Editor's Note: Chris Cooper is the healthcare strategy leader for Collibra, a provider of data governance helping healthcare organizations maximize the value of their data across the enterprise. Healthcare organizations have invested significant resources to make information available to employees at all levels, with the goal to enable better, more efficient decision-making for both patients and the organization. But these investments -- electronic medical records, data warehouses, self-service
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New OR Workflows Helps Reduce $5 Billion in Supply Chain Waste
Every year, more than $5 billion is wasted on expired, lost or uncaptured medical device and implantable charges. While this supply chain waste is pervasive throughout entire health systems, the intricacy of managing high-value items is exceptionally demanding in the operating room (OR). To help address waste in the OR, Cardinal Health Inventory Management (CIMS) has launched new, cloud-based automated workflow modules for challenging-to-manage inventory such as biological implants, sutures, and
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Rebooting Meaningful Use: Is It Accomplishing Its Mission?
Editor's Note: Dr. Reid Coleman is the Chief Medical Information Officer (CMIO) for evidence-based medicine at Nuance.
Meaningful Use is an important set of criteria designed to improve quality and safety, but is it accomplishing its mission?
The proposed rules for Meaningful Use (MU) Stage 3 were just released by both CMS and the ONC. Many writers have commented on these rules, and this blog post is not a commentary about the rules. As always, I recommend readers go to John
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