Medidata today announced that it has entered into a definitive agreement to acquire SHYFT Analytics for $195 million in cash, closing the loop on clinical development with commercial and real-world data analytics. SHYFT Analytics cloud data analytics platform for life sciences provides insights on 45B patient records and 2M providers. Medidata's unified platform, pioneering analytics, and unrivaled expertise power the development of new therapies for over 1,000 pharmaceutical companies, biotech,
Read More
Life Sciences - Pharma | News, Analysis, Insights - HIT Consultant
Why Data is the Key to Driving Closer Provider/Life Sciences Collaboration
“He who controls information controls the world.” This quote, which sounds like it should be from a famous world leader but is actually from a character on the sci-fi program “Babylon 5,” perfectly describes the opportunity life sciences organization marketers have before them today.As healthcare continues its rapid march toward value-based care, providers are increasingly being held responsible for patient (and financial) outcomes. Yet many of them are taking on this risk essentially
Read More
Cureatr Appoints Richard Resnick as New CEO to Broaden its Offerings
Cureatr, a real-time healthcare information service provider, today announced the appointment of Richard Resnick as Chief Executive Officer and member of its board of directors. Under Resnick’s leadership, Cureatr is broadening its offerings to meet the evolving needs of providers and patients alike.Prior to joing Cureatr, Resnick serve as the CEO of VC-backed GQ Life Sciences, where he revitalized strategy to turn company around from a -44% to a 33% EBITDA margin and sold company for 10X EBITDA
Read More
Vanderbilt University to Use $65M to Support Innovative Life Sciences Research
Deerfield Management and Vanderbilt University announced today the launch of Ancora Innovation, LLC ("Ancora"), a Deerfield company that will support Vanderbilt's innovative life science research and leverage Deerfield's expertise in accelerating state-of-the-art drug development. Ancora will fund projects with the aim of changing the current paradigm of drug development and establishing novel therapeutics to cure life-altering diseases.As part of Ancora, Deerfield will commit up to $65 million
Read More
Partners Healthcare Closed $171M Innovation Fund for Life Sciences Startups
Partners HealthCare System has closed a $171 million innovation fund to invest in early stage life sciences startups. The innovation fund includes $66.1 million in outside capital for Partners Innovation Fund II and a $105 million commitment from Partners institutions to Partners Innovation Fund to focus on medical innovation created in the Partners system. The capital commitments to Partners Innovation Fund include two $50 million commitments each from The Brigham and Women’s Hospital and
Read More
KPMG: Data Aggregation Biggest Barrier to Population Health Implementation for Payers, Providers
]The biggest individual barrier to implementing a population health program is data aggregation and standardization from multiple sources for providers and payers, according to a recent KPMG survey. The survey results that population health management programs aimed at improving quality and access to care while reducing costs for a designated group of patients, are taking hold at health plans and providers. Healthcare provider and health plans see this happening despite challenges associated
Read More
RedHat Survey: 3 Main Drivers of Mobile App Development in Healthcare
82 percent of healthcare organizations surveyed have a fully implemented mobile strategy, indicating a greater level of maturity compared to commercial enterprises, according to a recent RedHat mobile app survey. The online survey of 200 IT decision makers from private, public, life sciences and pharmaceutical healthcare organization in the U.S., France, Germany, U.K. reveals nearly 8 in 10 (78 percent) healthcare organizations are achieving positive ROI from mobile app investments.This positive
Read More
Google’s Alphabet Launches Life Sciences Company
After Google's announcement to restructure into Alphabet, Google has launched a Life Sciences company as the first new company under the Alphabet umbrella. "3 years ago we embarked on a project to put computing inside a contact lens -- an immensely challenging technical problem with an important application to health. While I am delighted at the progress that project has made, I could not have imagined the potential of the initiative it has grown into -- a life sciences team with the mission to
Read More
KLAS Rates Deloitte Top Firm for ACO Strategy & Readiness
According to a recent KLAS report, Deloitte has been rated the top firm for ACO strategy development and readiness assessment. The report, ACO Advisory Services 2014: Navigating the Unchartered Territory of Accountable Care, evaluates seven firms based on interviews with 41 health care organizations working to implement value-based care models against three categories: – strategy development - readiness assessment -implementation
Key Highlights
The KLAS report gave Deloitte
Read More
How Sensors Are Transforming the Life Sciences Industry Landscape
An in-depth look into how sensors are having a major impact on innovation and the competitive landscape for the life sciences industry (medical devices, diagnostics and pharma).
Read More
