The trend of mergers between large healthcare provider organizations continued in 2018, as the average size in revenue of sellers (defined as the smaller of two organizations in a transaction) reached $409 million, according to Kaufman Hall's new report, 2018 M&A in Review: A New Healthcare Landscape Takes Shape. This is the highest figure seen since Kaufman Hall began tracking this metric in 2008. It also represents a compound annual growth rate (CAGR) of almost 14 percent in the average
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Home Health | Home Care | Elder Care | News, Analysis, Insights
DexCom Integrates Continuous Glucose Monitoring Data with Validic Data Connectivity Platform
DexCom, Inc., a provider of continuous glucose monitoring (CGM) solutions, announced a partnership with data integration platform Validic. As part of the partnership, DexCom will integrate CGM data from Dexcom’s cloud API is integrated into the Validic’s connectivity platform to establish a multi-measure platform to stream in-home clinical data directly into clinical workflows and systems. This partnership is part of a larger effort to improve the interoperability of clinical systems and provide
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The Future Role of Robots and Humans in Caretaking
Visit the research facilities of the Georgia Institute of Technology. You may meet Darwin, a pint-sized robot that helps patients meet physical therapy goals. From enhancing a surgeon’s precision to disposing of medical waste to monitoring health metrics, artificial intelligence (AI) is making a big impact on the sector. Even the pint-sized robots are doing big things in healthcare. It will be fascinating to see where it all goes. As populations age, one area robots could help tremendously is
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NIA Awards $4.5M Grant to Develop In-Home Care Solutions for Dementia Caregivers
The National Institute on Aging (NIA) has awarded $4.5 million over three years to white label Internet of Things (IoT) software provider, People Power to focus on developing in-home care supportive solutions for dementia caregivers. National Institute on Aging mission is to improve the health and wellness of older Americans through biomedical, social and behavioral research focused on aging processes and age-related diseases. The results of the collaborative research with University of
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Medalogix Deploys New Predictive Analytics Predictive Analytics for Home Health Utilization
Nashville-based healthcare data science company, Medalogix, announced today its newest product, Medalogix Care. This home health utilization management solution leverages predictive analytics and optimization technology to provide guidance on patient care plans to healthcare providers, based on the historical analysis of millions of patient records, care plans and outcomes. The announcement comes after Vanderbilt University Medical Center’s Health Economists peer-reviewed Medalogix’s models and
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ResMed to Acquire Home Health Software Provider HEALTHCAREfirst
ResMed, a global leader in connected healthcare solutions, today announced it has entered into a definitive agreement to acquire privately held HEALTHCAREfirst, a provider of software solutions and services for home health and hospice agencies. Financial terms of the acquisition were not disclosed. Founded in 1992, HEALTHCAREfirst offers electronic health record (EHR) software, billing and coding services, and advanced analytics that enable home health and hospice agencies to optimize their
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OnlyBoth Launches AI-Driven Home Health Agency Benchmarking Engine
Pittsburgh-based OnlyBoth Inc., today announced the launch of its no-cost Home Health Agency benchmarking engine, which applies innovative artificial intelligence (AI) technology to Medicare data previously gathered about providers. The unique engine delivers text-based insights so users can easily compare and contrast home health agency performance for informed decision-making.As transparency becomes more of a requirement, particularly with the CMS news about the prices this week, so will
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What Dogs Can Teach Providers about Designing Care Plans
Several studies have shown that if dog owners are told to walk their overweight dog more often to improve the dog’s health, the dog owners will comply, and also lose weight themselves. Their concern for their dog’s health makes the goal of increased exercise an easy one to follow. The regimen combines the pleasurable activity of spending time with a pet with a healthy activity–walking. In this way, the dogs become accidental health coaches for the human patients, encouraging them to be more
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Apple CareKit: Are Consumers Ready for Tech-Enabled Home Health?
Deloitte’s Harry Greenspun talks about what research is revealing when it comes to consumers and caregivers plugging into tech-enabled home health.What about the doctor-patient relationship? This is the question that many whisper yet few ask directly as technology gives greater rise to remote treatment methods. Take CareKit, released from Apple, Inc. in March, which allows users to collect medical data and share with physicians. Will what’s achievable on screen disrupt the crucial care that
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How Mobile Devices Are Transforming Home Healthcare
Editor’s Note: This post is sponsored by Samsung. With the first of our highly independent Baby Boomers entering into their 70s, home-based healthcare will undoubtedly become a high-growth segment. Because this ever-growing population now prefers to stay in its home longer, providers now need to figure out how to bring healthcare to them. Utilizing mobile devices that most of us already use is the most effective method for doing so. For even the most stubborn technology stragglers, today’s
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