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Morning Headlines 1/25/19

January 24, 2019 Headlines Comments Off on Morning Headlines 1/25/19

Hospitals Are Asking Their Own Patients to Donate Money

Hospitals are running nightly “wealth screening” analytics on inpatients who they then deem affluent enough to ask for donations before discharge.

Rhode Island Docs Alarmed by Subpoenas

The Rhode Island Health Department charges four Rhode Island Hospital ED physicians with medical misconduct after they voluntarily report errors that caused wrong scans to be ordered.

EBSCO Health Acquires HealthDecision

Healthcare content company Ebsco Health acquires HealthDecision, a clinical decision-support and shared decision-making software vendor, for an unspecified amount.

U.S. Uninsured Rate Rises to Four-Year High

The US uninsured rate rises to a four-year high of nearly 14 percent thanks to higher premiums, less competition, elimination of the individual mandate, and shortened enrollment periods.

Morning Headlines 1/24/19

January 23, 2019 Headlines 2 Comments

Nextech Acquires SRS Health, a Specialty EMR Solution for Orthopedic Practices

Health IT company Nextech expands its ambulatory reach with the purchase of orthopedic EHR vendor SRS Health.

With an eye on pioneering the future of Health IT, Greenway Health appoints Kali Durgampudi as chief technology and innovation officer

Greenway Health names former Nuance executive Kali Durgampudi chief technology and innovation officer.

In a sign of its concerns about Atul Gawande’s new venture, Optum sues over trade secrets

Citing a direct threat to its trade secrets and confidential corporate information, Optum sues a former VP now employed by Amazon-Berkshire Hathaway-JPMorgan’s healthcare venture.

NantHealth Could Recover In 2019

Nasdaq gives NantHealth six months to increase its stock price to above $1 for 10 consecutive days, a 43-percent recovery that just might happen if the company’s clinical trials go well, and it receives FDA approval and increased CMS reimbursements for its GPS Cancer Test.

Morning Headlines 1/23/19

January 22, 2019 Headlines Comments Off on Morning Headlines 1/23/19

Hospitals Stopped Readmitting So Many Medicare Patients. Did That Cost Lives?

Medicare patient readmissions within 30 days dropped sharply after CMS started penalizing hospitals financially, but the death rate appears to have increased during the same period.

NantHealth warned over de-listing

NantHealth, whose shares have fallen to $0.70, receives a Nasdaq de-listing notice now that the stock has closed at under $1 for 30 consecutive trading days.

Manhattan’s Largest Automated Parking System Puts More Cars in Less Space

ParkPlus installs an automated parking garage at a hospital in Manhattan, giving patients the ability to retrieve their cars and pay for their space via tablets integrated with the facility’s IT system.

She scammed dozens into giving up their savings so she could stay at the Ritz

A Virginia woman is sentenced to 15 years in federal prison for scamming $5 million from 50 investors in her phony telemedicine company.

Morning Headlines 1/22/19

January 21, 2019 Headlines Comments Off on Morning Headlines 1/22/19

Health IT company consolidates headquarters into new Northwest Austin office

EHR and practice management company EMDs consolidates operations and relocates its headquarters to new office space in Austin, TX.

Kaia Health gets $10M support for AI-powered management of chronic pain

Kaia Health raises $10 million to further scale its chronic pain treatment app.

The VA Wants to use DeepMind’s AI to Prevent Kidney Disease

The VA is working with Alphabet’s DeepMind unit to develop AI software that predicts which patients will suffer from acute kidney injury.

Morning Headlines 1/21/19

January 20, 2019 Headlines Comments Off on Morning Headlines 1/21/19

Verily Study Watch Receives FDA 510(k) Clearance for ECG

Alphabet’s Verily announces that its Study Watch has earned FDA clearance as a medical device for performing on-demand ECGs.

Computer virus contained, hospital services returning to normal

Two dozen hospitals in Ontario are nearly done recovering from a Zero Day Virus that impacted administrative and clinical IT systems.

Dignity Health Northridge becomes 1st hospital to acquire earthquake warning system

Twenty-five years after suffering severe damage during the Northridge Earthquake, Dignity Health – Northridge Hospital Medical Center (CA) becomes the first hospital to pilot the government-funded Shake Alert earthquake warning system.

VA needs a contractor to help test its new EHR

The VA issues an RFI for a software testing contractor,  with 80 percent of the job focusing on Cerner.

Kettering luring more than 150 new jobs to business park

Kettering Health Network will this week open a $10 million, 17,000 square-foot command center that will enable staff to view patient status in real time using TeleTracking technology.

Morning Headlines 1/18/19

January 17, 2019 Headlines Comments Off on Morning Headlines 1/18/19

Consumer Health Tech Company Ciitizen™ Raises $17M in Series A Financing to Accelerate Data Platform Development and Commercialization

Consumer health data sharing company Ciitizen raises $17 million in a Series A funding round led by Andreessen Horowitz.

Gawande, still mum on plans for new health venture, pulls out of major health conference

Atul Gawande, MD cancels his keynote at HIMSS19.

GoFundMe CEO: ‘Gigantic Gaps’ In Health System Showing Up In Crowdfunding

GoFundMe reports that a third of the $5 billion raised on its platform since launching in 2010 has been used for healthcare campaigns.

Epic roll-out creates prescription refill gridlock

After going live on Epic in December, Memorial Hospital (NH) staff struggle to keep up with prescription refill requests as they transfer prescription data to the new system.

Far-reaching impact: Computer virus at HSN affects 24 hospitals across North

A “zero-day virus” forces 24 hospitals in Ontario to revert to downtime procedures while they work to bring their IT systems, including Meditech and Elekta EHRs, back online.

Morning Headlines 1/17/19

January 16, 2019 Headlines 7 Comments

Definitive Healthcare Acquires HIMSS Analytics

Definitive Healthcare acquires the data services business and assets of HIMSS Analytics.

PerfectServe Acquires Telmediq, #1 KLAS Rated Vendor for Secure Communication Platforms

Clinical communications and collaboration company PerfectServe acquires competitor Telmediq for an unspecified amount.

Apple should buy private digital health records operation Epic Systems, says Jim Cramer

CNBC’s Jim Cramer says Apple needs to make a “big, splashy acquisition” in the EHR space to breathe new life into its downtrodden stock, and back up claims that it will revolutionize healthcare.

Medtronic debuts first apps to let heart patients monitor their pacemakers

Medtronic gives patients the ability to pull data from their pacemakers via its new MyCareLink Heart app.

Morning Headlines 1/16/19

January 15, 2019 Headlines Comments Off on Morning Headlines 1/16/19

Cliff Illig Retires from Cerner Board of Directors

Cerner co-founder Cliff Illig retires from the company’s board “to focus on outside interests.”

Microsoft signs a huge deal with Walgreens, as Amazon’s growing interest in health care looms large

Walgreens signs a deal for its 380,000 employees to use Microsoft technology. The companies will also work together on R&D for patient engagement and chronic disease management software.

DOD’s health data exchange running on bridge contract

The DoD hopes to resolve a contract dispute between two vendors for maintenance of its Defense Medical Information Exchange, a system that supports data-sharing between MHS Genesis, legacy systems, and 53 external HIEs.

Parallon Technology Solutions is Now CereCore

EHR and technology services vendor Parallon Technology Solutions renames itself CereCore.

Morning Headlines 1/15/19

January 14, 2019 Headlines Comments Off on Morning Headlines 1/15/19

U.S. Digital Service has an ambitious agenda at the VA

The US Digital Service is building an interface as part of the VA’s EHR Modernization project to help patients easily access their health records during the projected 10-year switch from VistA to Cerner.

NHS England digital chief moves to digital GP company

NHS England’s first Chief Digital Officer, Juliet Bauer, leaves to become an executive at Livi, an NHS contractor for telemedicine services.

Premier Health Signs Definitive Agreement for Acquisition of Cloud Practice Inc., a National Medical Software Application Company

In Canada, primary care-focused health IT company Premier Health acquires EHR and RCM vendor Cloud Practice for $5 million.

Morning Headlines 1/14/19

January 13, 2019 Headlines Comments Off on Morning Headlines 1/14/19

2018 M&A in Review: The Growth of Mega Mergers

The average acquired health system had annual revenue of $409 million in 2018, according to a new Kaufman Hall report on mega-mergers, that also found expansions were prompted more by improving business than patient care.

Offshoring over 1,000 health care jobs? That’s coming soon at Dallas-based Tenet

Tenet Healthcare (TX) tells investors it will look across the enterprise – including its Conifer Health Solutions billing and United Surgical Partners International ambulatory services divisions – to offshore over 1,000 jobs in the next 12 to 18 months.

Man gets 10 years for cyberattack on Boston Children’s Hospital

The US District Court in Boston sentences Martin Gottesfeld to 10 years in federal prison and orders him to pay $443,000 in restitution for his role in the 2014 cyberattack on Boston Children’s Hospital and nearby Wayside Youth and Family Support Network.

Early research on Apple’s Health Records service suggests patients generally like it

UC San Diego Health patients report high levels of satisfaction with using Apple’s Health Record feature to connect to and share their health data with family and friends.

Morning Headlines 1/11/19

January 10, 2019 Headlines Comments Off on Morning Headlines 1/11/19

Change Healthcare Makes Strategic Investment in MDsave

Change Healthcare makes a strategic investment in MDsave, a healthcare price comparison startup that offers consumers discounted services when booked through its website.

PatientPing to Double in Size in 2019

Boston-based PatientPing will hire 100 employees over the next 12 months in an effort to double its staff.

PSI’s Acquisition of QuarterLine Strengthens its Position as a Health IT Leader

Federal health IT vendor Planned Systems International acquires competitor QuarterLine for an unspecified amount.

Morning Headlines 1/10/19

January 9, 2019 Headlines 1 Comment

Good things are happening’ as DoD continues to roll out MHS GENESIS

MHS EHR Functional Champion and Air Force Maj. Gen. Lee E. Payne, MD reassures federal health employees that the MHS Genesis project is on track, and that the next wave of implementations will benefit from improved training processes.

IBM isn’t retreating from using Watson in health care, CEO Rometty says

Despite a plethora of recent bad press about IBM Watson’s healthcare capabilities, IBM CEO Ginni Rometty says it is still a viable part of the company’s business, and that Watson for Oncology is doing well.

Tim Cook teases new Apple services: Our ‘most important contribution to mankind’ will be in health

Apple CEO Tim Cook reveals the company will soon roll out new healthcare services that have been years in the making, and that will ultimately revolutionize the way patients manage their health data.

DSS Acquires veEDIS Emergency Department Information System Software

Federal health IT vendor DSS adds newly acquired Emergency Department Information System software from VeEDIS Clinical Systems to its new Juno EHR.

Northwestern Medicine MyChart Users: Your Legal Options Just Shrank

Northwestern Medicine (IL) requires patients to agree not to pursue class-action lawsuits or jury trials over the mishandling of digital services like Epic’s MyChart.

Morning Headlines 1/9/19

January 8, 2019 Headlines, News 2 Comments

The NHS Long Term Plan

In England, NHS issues a long-term plan that calls for technology to, among other goals, improve patient access and the ability to self-manage health, and give clinicians access to patient records from any location.

Healthgrades Acquires Influence Health

Physician and hospital information publisher Healthgrades acquires Influence Health, which offers web services, listings, reputation management, and CRM.

Amazon’s next big thing? Prime, but for healthcare

Analysts predict that Amazon will create Prime for healthcare, which could focus on offering lower drug prices via its acquired PillPack mail order pharmacy, Alexa services, and using its recently announced medical records analytical service to scribe clinical encounters.

AT&T and Rush System for Health Ink Agreement to Use 5G in Hospital Setting

AT&T and Rush University Medical Center (IL) will create the country’s first 5G-enabled hospital and will explore ways that a faster cellular network can improve operations and patient experience.

Morning Headlines 1/8/19

January 7, 2019 Headlines Comments Off on Morning Headlines 1/8/19

Vatica Health Acquires CareSync’s Technology to Expand Value-Based Care Capabilities

Vatica Health acquires CareSync’s care coordination and chronic care management technology following a $1 million bid made last October.

Stanford Children’s Health CIO Ed Kopetsky Receives Healthcare CIO of the Year Award

CHIME and HIMSS honor Stanford Children’s Health CIO Ed Kopetsky with their CIO of the Year award.

Statement from FDA Commissioner Scott Gottlieb, M.D., on the agency’s new actions under the Pre-Cert Pilot Program to promote a more efficient framework for the review of safe and effective digital health innovations

The FDA releases a regulatory framework, test plan, and working model as part of the next phase of its Pre-Cert program for the review of digital health product applications.

EarlySense Completes $39 Million Financing Round to Accelerate Global Expansion of Contact-Free Sensing and Analytics Solution

Patient monitoring company EarlySense secures $39 million in a financing round led by Hill-Rom and Wells Fargo Strategic Capital.

Morning Headlines 1/7/19

January 6, 2019 Headlines 1 Comment

Senate Confirms James Gfrerer as VA’s Information, Technology Leader

The VA finally has its first permanent CIO in two years after the Senate confirms James Gfrerer as assistant secretary of information and technology.

SVB Financial Group Completes Acquisition of Healthcare Investment Bank Leerink Partners

SVB Financial Group completes its acquisition of healthcare and life sciences investor Leerink Partners for $280 million in cash.

Livongo Names Lee Shapiro Chief Financial Officer

Livongo hires its board member and investor Lee Shapiro as CFO.

Morning Headlines 1/4/19

January 3, 2019 Headlines Comments Off on Morning Headlines 1/4/19

Alphabet’s Verily gets $1 billion in funding round led by Silver Lake

Alphabet’s life sciences company Verily —  the former Google Life Sciences — raises $1 billion in a new capital funding round.

Medsphere Acquires HealthLine Solutions, Expands CareVue Platform

Medsphere acquires supply chain vendor HealthLine System a few weeks after raising $32 million.

Best Buy bones up on health care biz

Best Buy promotes Asheesh Saksena to president of its new health division, which will focus on helping seniors age in place.

Medici starts 2019 by buying another Austin health-tech startup

Telemedicine vendor Medici acquires competitor Chiron Health for an undisclosed amount.

Morning Headlines 1/3/19

January 3, 2019 Headlines Comments Off on Morning Headlines 1/3/19

HL7 Publishes FHIR Release 4

Health Level Seven International publishes the FHIR Release 4 standard.

Bristol-Myers Squibb to buy Celgene in $74 billion deal

The merger, if approved by shareholders and regulators, will create the US’s fourth-largest drug company.

Jvion Secures Significant Strategic Growth Investment to Expand Application of Its Healthcare AI and Prescriptive Analytics Platform

Healthcare AI vendor Jvion raises a growth equity investment of an unstated amount, led by JMI Equity.

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