Category Archives: telemedicine

New Player SnapMD Releases Telehealth Platform –Allows Providers to Roll Their Own

File this post under nice niche: SnapMD is a healthcare IT company that provides cloud-based private-label telemedicine technologies. The company announced today the launch of its Connected Care telemedicine system. The platform is HIPPA-compliant and is offered to healthcare providers under a SaaS model. SnapMD’s idea is to provide providers a telemedicine tool they can use to build their own “virtual care” solutions. “Your brand our technology” is one of the company’s marketing slogans. “Our Connected Care telemedicine platform has been developed with tremendous clinician input,” said SnapMD CEO, Dave Skibinski. “We firmly believe that healthcare Providers are best suited [...]

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Location Systems and Extended Supply Chains: 2nd Generation RFID, RTLS, IPS Converging to Capture Emerging Markets

The term Indoor Positioning Systems (IPS) primarily concerns location-based services on mobile phones where GPS does not work. The term Real Time Locating Systems (RTLS) primarily concerns locating people and things at a distance, securely, using second generation RFID. The subjects are converging with Apple, Samsung, Google, Nokia, Microsoft, Hewlett Packard and IBM clashing for the tens of billions of dollars of business that is emerging. The first $0.5 billion order has been landed. This subject heavily involves short range communications notably WiFi and Bluetooth and inertial navigation and advanced RFID as it progresses to determining 3D position including orientation [...]

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Telemedicine and Mobile Health Markets Converging

If you’re interested in telemedicine and/or the applications being developed for remote patient monitoring (RPM) devices, you might as well investigate how the mobile health market is enabling your tablet and smart phone. In fact, the latest research confirms that the telemedicine and mobile-health markets are converging.  The report sizes the telemedicine dedicated device and software market at $843 million in 2012 but forecasts a near tripling in growth (all the way to $2.9 billion) by 2019. By contrast, the M-Health market segment that is specifically related to telemedicine is currently sized at $1.4 billion, but it’s supposed to explode by [...]

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Follow the Money –VCs Betting on Remote Monitoring Technologies

$102 million and counting. Across just 12 remote patient monitoring (RPM) deals this year, that’s how much seed capital was raised. Not huge numbers, but highly respectable when you consider that these lucky 12 are true startups. With increasing velocity, investors are finally betting on the RPM market opportunity, largely driven by the new ways doctors are going to get paid. Bottom line: When you apply fee-for-performance-based compensation models to chronic disease management, RPM-based solutions jump out of the woodwork. No question that they are becoming an essential and growing part of the solution mix. ”Patient monitoring is becoming a necessary [...]

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Cost Containment and Non Emergency ER Visits –Not the Low Hanging Savings Fruit We Once Thought

A  recent paper published in the Annals of Emergency Medicine (AEM) entitled, “A Novel Approach to Identifying Targets for Cost Reduction in the Emergency Department” pretty much stands conventional wisdom on its head. Not only does the study indicate that reducing non-urgent visits to Emergency Departments is a trivial pursuit from a cost savings perspective, but the study also points out that chasing this supposed rich area of cost savings serves to distract from the real opportunities that actually do exist. A little surprised? “The focus on non-urgent ER visits distracts from the potential savings that do exist in the area of [...]

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News For Sleep Apnea Sufferers –Pass it Along

Thomas Finn - August 19, 2013 6:10 AM | Categories: doctors, General News and Commentary, Technology, telemedicine

Imagine showing up for a job interview feeling like you are about to pass out. That happened to me, ironically, when I first interviewed with Jason Busch of SpendMatters. I just didn’t feel right and couldn’t figure out what was wrong with me. Anyway, it took a few weeks before the mystery was solved. At the ripe old age of 56, I had developed an “a fib” (atrial fibrillation) that my doctor quickly and correctly blamed on my untreated sleep apnea. I had been diagnosed several years earlier, but had never done anything about it. Chances are, if you don’t [...]

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Fee For Service On Life Support in Michigan –New BCBS & Trinity Contract Sets Industry Example

The new contract between Trinity Health (Trinity owns a dozen hospitals in Michigan that include Saint Mary’s Health Care in Grand Rapids and Mercy Health Partners in Muskegon, both of which now operate under the Mercy Health banner) and BCBS of Michigan puts a heavy spotlight on reform era reimbursement models. This deal highlights the latest and preferred compensation mentality –one that eliminates fee for service in favor of putting the focus on patient outcomes instead. BCBS and Trinity both refer to the agreement as a “value-based contract,” saying it should improve care quality and drive costs lower, not only [...]

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Premier & Phytel Partner to Provide More Comprehensive Ambulatory Care Solutions

Premier has partnered with Phytel to more fully automate population health services. The partnership enables a more comprehensive population health suite allowing providers to manage patient care more efficiently, with better understanding of outcomes and total cost. The solution uses predictive analytics to profile an entire population, not just those who have been treated. The intelligence garnered can more effectively support emerging care delivery and risk management models as providers participating in accountable care organizations (ACOs) are reimbursed based on quality and cost overall. Medicare Shared Savings Program ACO participant Thomas Auer, MD, CEO of Bon Secours Virginia Medical Group, [...]

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A New Way to Perform Physicals –The Smartphone Physical– Debuts at TEDMED 2013

A forward thinking team of medical student-engineers has designed a checkup of the future, called the Smartphone Physical. At this year’s TEDMED, a company called Nurture (a  Steelcase brand dedicated to providing user-centered solutions in healthcare), and a leading medical technology and innovation blog called Medgadget, have joined forces with these students to showcase the Smartphone Physical, a comprehensive physical examination conducted by minimal equipment that connects to an iPhone. Together, they are embracing TEDMED’s theme of “unexpected connections” to provide one-of-a-kind physicals to attendees. Delegates will be offered a series of quick diagnostic tests using devices connected to an iPhone to [...]

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Oh No! An mHealth Device Tax?

Thomas Finn - March 20, 2013 8:24 AM | Categories: healthcare IT, Healthcare Providers, Technology, telemedicine

In a hearing yesterday by the U.S. House of Representatives’ Energy and Commerce Subcommittee on Communications and Technology on the regulation of the mobile health (mHealth) application market, Benjamin M. Chodor, CEO of Happtique, Inc., an mHealth solutions company, addressed questions relating to the regulation of the rapidly-growing mobile health market. The hearing, “Health Information Technologies: Harnessing Wireless Innovation,” is the first of three hearings on health information technology scheduled for this week by various Energy and Commerce Subcommittees. Noting that more than 40,000 health apps exist on the market to assist healthcare professionals deliver and improve patient care, Chodor [...]

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Cardinal To Acquire AssuraMed, Direct-To-Home Distributor for $2.07B

Late last week, Cardinal Health announced plans to acquire privately held AssuraMed, another Ohio-based healthcare concern and leading provider of medical supplies to chronically ill patients in the home. The price? $2.07 billion. The acquisition will be financed with a combination of $1.3 billion in new senior unsecured notes and the remainder in cash. The deal is expected to close by early April this year. “AssuraMed is a natural extension of the Cardinal Health businesses and of our mission to be essential to care. The acquisition of this industry leader allows us to serve the growing number of Americans treated in [...]

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Wearable Computing – Next Gen Accessories

Although it’s far too early to predict a winner, the race to own the “dominant wearable computing platform” is in full gallop. Yes, the faces change, but the names remain the same. Google, Apple and Microsoft. Could there be anyone else? Google: Google Glass is already out there. It’s one of the few wearable computers people have actually seen and used, so if there’s any advantage to being the “first mover,” Google’s got it. Google has also got Android –a powerful and established application development environment with a huge installed base –so there should be no shortage of interesting and [...]

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2013: Five Top Healthcare Trends –An Entrepreneur’s Take

Healthcare Matters would like to welcome the following guest post from Melissa Thompson, CEO of Talk Session, an online counseling platform that will soon connect users with  professionals for on-demand, mobile therapy. Melissa offers her opinions on five trends that will dominate the healthcare front in 2013. We know where the analysts stand, so let’s consider an entrepreneur’s take.  Despite the regulatory difficulties, 2013 will surely be an exciting year for healthcare. We will see an increase in self-management and collaboration.  We will see an influx of innovation in mainstream health-related consumer products, data will be more readily available, and [...]

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Cerner’s Middle East Joint Venture Produces First Major Contract

King Saud University (KSU) and Cerner have signed a strategic collaboration in Riyadh, Saudi Arabia to provide electronic health record (EHR) systems for two of KSU’s hospitals, King Khalid University Hospital (KKUH), a 950 bed hospital and King Abdulaziz University Hospital (KAUH), a 200-bed hospital. The first hospital called King Abdul-Aziz University Hospital (KAUH), originally founded in 1956, specializes in ENT and ophthalmology and has a diabetes center. The second hospital, King Khalid University Hospital (KKUH), is highly recognized, fully staffed and equipped acute care facility. Demonstrating how business gets done in the Middle East (for westerners), the contract was [...]

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Best of 2012: Video Taping Surgical Procedures — Reform Era Theatrics?

Surprisingly, doctors aren’t very good at complying with well-established best practices. One New England Journal of Medicine study found that only 50% even follow evidence-based guidelines when applicable. Let’s face it, the elimination of variance is about standardizing wherever and whenever possible. And these days, with reform-driven new compensation models as the backdrop, VAT teams and change management initiatives are all about enforcing new definitions of value. Getting everyone to comprehend a new standard is one thing; driving compliance is always another. Fortunately, there is readily available technology that could work wonders: cameras. Cameras are already being used in health [...]

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Novation Releases Paper Exploring How to Quantify the Benefits of Mobile Technologies

Mobile technology is changing the landscape of health care delivery, especially in the developing world where its impact on people who live in remote areas –who now have the ability to consult with the physicians, nurses and other healthcare workers who live in the major cities, can be easily measured in terms of improved outcomes.  It’s life and death stuff. Said Dr. Alain Labrique, a professor of International Health at Johns Hopkins, “what mobile technologies are doing is changing the way that we see global health in terms of our ability to impact populations, to collect data in real time, [...]

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