'Samantha Brown points out that, “Healthcare, like every other industry, gets caught up in the idolatry of the ‘innovators.’”' I…
Morning Headlines 8/21/15
Inside Illumina’s Plans to Lure Consumers with an App Store for Genomes
Illumina, the worlds largest gene sequencing company, forms Helix, a company that will offer free genome sequencing to consumers, and then will monetize that data by selling portions of the genetic information back to patients incrementally over time as they need it.
ZocDoc Valued at $1.8 Billion in New Funding Round
ZocDoc raises a $130 million funding round on a $1.8 billion valuation, making it one of the most highly valued venture-backed companies in New York.
Electronic medical records systems work, but not together
The Kansas City Star discusses the nations interoperability problems, asking “Why, then, does a windowless office in Truman Medical Center need to scan 2.9 million pages of paper medical records that started out as electronic ones?”
All those EHR generated paper records make it tediousand expensive for the MedMal lawyers and their experts. This too increases costs of transitional care because it is cheaper for the new doctors on a case to order new tests than to wade search for hours through the hundreds of pages of legible gibberish to find the last TSH level. Just another reason why the health care component of GNP will continue to increase (before privacy and security efforts are costed in).