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Friday – September 21, 2018
As digital health funding pours in, startups should be smart about who they let in
How to pick the right backers, according to investors from Sanofi Ventures, Canaan Partners, and GE. A high amount of VC investing is often seen as an indicator of the health of the digital health space. But while investors agree theres a lot of opportunity in the space, some investors think there may be a little too much money.Theres a lot more money, Risa Stack, general manager for new business creation at GE Ventures, said in a panel discussion at Health 2.0's Fall Conference in Santa Clara, California this week. Theres more incubators, so theres more series A funders, but theres also more groups coming in at the later stage. So youre getting more companies being funded through these incubators, but then there is some later stage capital thats a little less price-sensitive than some of the traditional VCs. So thats kind of whats driving the frothiness of the market. I do believe theres too much money.Stack took the stage with Canaan Partners General Partner Wende Hutton and Ruchita Sinha, senior director of investments at Sanofi Ventures in a panel moderated by independent investor Emma Cartmell.Too much money isnt a problem in and of itself, Hutton said. The problem comes when new investors enter the space who dont understand the realities of healthcare timelines, which can lead to good companies failing.What I think is going to be interesting to see with the flood of money thats come in is our expectations, she said. Is the new money aligned with a model thats feasible in healthcare? Funding companies with high valuations with big rounds, sometimes I think lots of money cant boil the ocean fast enough because it cant drive adoption in a provider budget when youre trying to squeeze out every penny. What I worry about overfunding into these companies is when theres disappointment because you cant drive markets this fast. Good ideas that got pushed too far and couldnt develop into the market appropriately. More >>
www.mobihealthnews.com
Categories Digital Health funding Healthcare IT
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Could Smartphones Fix the Patient-Matching Problem?
Combined with increased engagement, mobile apps could help patients verify and update their own information and decrease errors. Typos, similar names and other simple errors are, in many ways, impeding accurate patient matching for providers everywhere. But these simple errors can have very real consequences.Patient identification errors often begin during the registration process and can initiate a cascade of errors, including wrong-site surgery, delayed or lost diagnoses, and wrong patient orders, among others, provider organizations and health IT advocates wrote in a letter to Congress this year. It laid out the severity of the issue and called for government bodies to work with organizations on effective patient-matching solutions.These errors not only impact care in hospitals, medical practices, long-term and post-acute care facilities, and other healthcare organizations, but incorrect or ineffective patient matching can have ramifications well beyond a healthcare organizations four walls, the letter continues.Inaccurate patient matching is pervasive across the healthcare industry, with a 2016 report from the Ponemon Institute and Imprivata finding that 86 percent of respondents had witnessed or known of a medical error that was the result of patient misidentification.While everything from blockchain to artificial intelligence has been floated as a possible way to improve patient matching, a new study from think tank RAND Corporation and Pew Charitable Trusts pinpoints another tool in the pocket of nearly every patient that could help to fix the problem: phones. More >>
healthtechmagazine.net
Categories Healthcare IT mHealth & apps
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Google’s Nest Is Getting Into Digital Health Now, Too
Digital health platforms are all the rage these days, with tech companies large and small increasingly focusing on the opportunity, hoping to leverage data while launching new products intended help us live healthier lives. Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) subsidiary Google recently revamped Google Fit ahead of its expected Pixel Watch; Apple just unveiled Apple Watch Series 4, which can take ECGs; and Fitbit just launched a new enterprise health platform called Fitbit Care. That's only the past couple of months. More >>
www.fool.com
Categories Healthcare IT
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The Bipolar Disorder Test Review: A Medical App to Diagnose Bipolar
Mental health conditions are exceedingly common and costly in the U.S. medical system. Recent statistics from the Centers for Disease Control (CDC) and Prevention estimate that they account for 60 million visits to primary care and 6 million ER visits annually. Depression alone accounts for more than 10% of all primary care visits. These conditions […]
The post The Bipolar Disorder Test Review: A Medical App to Diagnose Bipolar appeared first on iMedicalApps.
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www.imedicalapps.com
Categories Healthcare IT mHealth & apps
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Disclosed: How Much Does It Cost to Make an App Like Instagram in 2018?
The photo sharing phenomenon is becoming more and more popular over the years and, therefore, the demand for engaging social media platforms is on the rise. Its no surprise Instagram has conquered the market of photo sharing platforms and the love of users. Whats more, thanks to Facebook, Instagram also became a powerful marketing tool for individual and business use. More >>
www.cleveroad.com
Categories Startups
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Most US businesses lack adequate phishing defenses
Phishing is now the number one cyber threat faced by businesses and it is gaining momentum at an alarming rate; one method that appears to be gaining particular momentum is spear phishing. More >>
www.docbookmd.com
Categories Cybersecurity Healthcare IT HIPAA mHealth & apps Privacy
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Technological Breakthroughs and Key Developments in Radio Nucleotides to Open New Doors of Opportunity for Mobile Gamma Camera Manufacturers
Advancements in healthcare technology - particularly in the surgery category - have led to an increasing adoption of gamma cameras. Further, the numerous developments in radio nucleotides are anticipated to favour the adoption of solid state cameras and mobile gamma cameras. SPECT is currently the biggest application of gamma cameras given the low cost, large suite of radioisotopes, and expanded use cases. Having said this, PET is anticipated to witness fastest growth in terms of adoption, owing to the greater special resolution and sensitivity, brought about by the use of positron emitting radioisotope that provides more energy, contrast, and special resolution. These findings are presented in a new research study on the global mobile gamma cameras market by Future Market Insights (FMI).
According to FMI analysis, the high costs of PET as compared to SPECT are expected to be negated in the wake of development of high sensitivity and selective tracers. FMI predicts a growth rate of 4.8% for the mobile gamma cameras market during the 10 year period from 2018 to 2028. Revenue from the sales of mobile gamma cameras is estimated to reach US$ 75.2 Mn by 2028 end, up from US$ 47.2 Mn in 2018.
Shift Towards Dual Head Gamma Cameras and Premium Priced Hi-tech Products Trending the Mobile Gamma Cameras Market
Technology continues to remain a major enabler of revenue growth in the global mobile gamma cameras market. Being a high value-low volume market, technology plays a vital role in the mobile gamma cameras market, where the technologically advanced products are priced at a premium. The development of solid state sensors is slowly replacing the photomultiplier tube and this represents the biggest technological development in the mobile gamma cameras market followed by miniaturisation.
A notable trend being observed in the mobile gamma cameras market is the adoption shift towards dual head gamma cameras. Single head mobile gamma cameras have certain inherent disadvantages such as slow speed and lower density count leading to inability to perform different types of tests. This has resulted in an elevated demand for multiple head cameras. Dual head cameras increase total counts per stop, resulting in relatively lesser scan time and better image quality leading to enhanced accuracy in diagnosis.
Further, the latest mobile gamma cameras come with newer and better functionalities. Owing to advances in electronic components and software, modern mobile gamma cameras include advanced reconstruction algorithms and periodic updates that help boost scan speeds and image correction parameters. Advanced gamma camera software also facilitates more personalised patient scans by tracking patient activity and performing appropriate scans.
Key Takeaways from the Research Study on Mobile Gamma Cameras
The report by Future Market Insights studies the growth trajectory of the global market for mobile gamma cameras and also presents detailed forecasts for the various segments of the market. Key insights from the report are highlighted below:
Ambulatory surgical centres will remain fastest growing end users of mobile gamma cameras, owing to a greater demand in point of care testing
North America represents the largest regional market for mobile gamma cameras while Asia Pacific is expected to be the fastest growing market
Single head mobile gamma cameras continue to remain dominant in terms of revenue owing to the small form factor and low cost; however, dual head mobile gamma cameras will witness rapid growth in demand on account of their high scanning speeds and better resolution
New product development and strong after sales service agreements with end users will remain key differentiating strategies of mobile gamma camera manufacturers
To know more about the various market push factors at play in the global mobile gamma cameras market, write in to Future Market Insights analysts at [email protected] More >>
www.futuremarketinsights.com
Categories Press Release
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How to prepare your hospital for a natural disaster
No matter where your hospital is located, you must prepare for natural disasters. As hurricane season continues, making sure your organization has solid emergency plans in place should be a priority. Even if youre not in a region vulnerable to hurricanes, youll want to be ready for a catastrophic event. Its likely you already have some kind of emergency preparedness plan, but there are components to those plans that are often overlooked.Keeping operations running as smoothly and safely as possible is the goal for any facility, regardless of the disaster. Youll need to be able to take care of the patients you already have at your hospital, while preparing for a potential influx of new patients due to the disaster. More >>
www.healthcarebusinesstech.com
Categories Hospital & Physicians
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How EHRs Are Evolving To Support Value-Based Care
Can one of the technologies most associated with the fee-for-service era the EHR reinvent itself for the very different requirements of value-based care? We regularly convene leaders from specialty practices nationwide to discuss their value-based care progress and recently posed this question to an audience representing more than 530 oncologists. More than two-thirds of respondents either said that their EHR was not ready, or they did not know whether it was ready, to accommodate alternative payment models, bundles, or other innovative payment methodologies.The physicians response is not surprising when one considers that EHRs were built to automate a fee-for-service world. These applications specialize in documenting patient encounters in office settings and converting those interactions into billing codes. As a result, practices are finding that they often fall short in supporting key requirements of the Merit-based Incentive Payment System andor alternative payment models. Practices report key challenges including the following: More >>
www.healthitoutcomes.com
Categories Healthcare IT
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Ophthalmic Knives Market to Witness a Pronounce Growth During 2018 – 2028
Increase in the incidence of ophthalmic diseases, such as cataracts, keratosis and others, coupled with the growing adoption of surgery is the prime driver of the global ophthalmic knives market. The World Health Organization estimates that cataract is the most common eye ailment, which has caused blindness in 23 million people or 51% of the world’s blindness. The World Health Organization further states that an estimated 285 million people are visually impaired worldwide, of which 246 million people have low vision. Thus, there is a large market for ophthalmic knives owing to an increase in the number of treatments for cataract and national plans for the prevention of blindness.
The technological drivers of the ophthalmic knives market include the growth of the medical devices industry, coupled with the adoption of complimentary diagnostic devices such as Magnetic Resonance Imaging (MRI), Computed Tomography (CT) and others, which are among factors boosting the surgery segment. The adoption of minimal invasive surgical techniques, such as ultramicrotomy and Small Incision Cataract Surgery (SICS), is also boosting the market of advanced diamond-tipped ophthalmic knives. More >>
www.futuremarketinsights.com
Categories Healthcare
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Cable Flange Market to Make Great Impact in Near Future by 2028
Increase in the usage of mechanical as well as electrical cabling owing to the growing usage of medical devices & instruments and the basic & ubiquitous nature of the applications of cable flanges are among the prime drivers of the global cable flange market. Growth in healthcare infrastructure, growth in the medical electronics industry and the adoption of devices, such as ultrasound, Magnetic Resonance Imaging (MRI), computed tomography (CT) & others, are also some of the drivers of the cable flange market.
In addition, advancements in technology and design, such as the usage of flame-proof and microbial-resistant materials, has resulted in the substitution of metal as the material of construction, which is also driving the demand for advanced cable flange products. Advancements in heat and microbial-resistant connectors, which can be sterilized by various means, is also an important driver of the cable flange market. More >>
www.futuremarketinsights.com
Categories Healthcare Healthcare IT
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Chest Compressors Market: Growth Analysis and Outlook, 2018 to 2028
Chest compressors are used to save lives during medical emergencies. Cardiopulmonary Resuscitation (CPR) is a process that helps induce rescue breaths at the time of a medical emergency. Chest compressors are life savers for patients suffering from a cardiac arrest, as chest compressors apply a cardiac massage to patient for optimise the flow of blood to the heart. Chest compressors are mostly used by healthcare professionals who handle emergency medical conditions at various places. The CPR (cardiopulmonary resuscitation) method is used for maintaining the blood flow and supply of air to the lungs. Modern chest compressors work automatically at a particular pressure based on the type of emergency and the body mass index of the patient. Hospitals have all types of chest compressors, which include manual and automatic, as pressure applied to the chest should be in a proper ratio for the body to respond appropriately. The traditional method for CPR (cardiopulmonary resuscitation) involves the application of pressure by hand and blowing the air by mouth, however, modern chest compressors apply pressure based on the nature of the medical emergency and taking into consideration other health-related factors of patients. More >>
www.futuremarketinsights.com
Categories Healthcare
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Thursday – September 20, 2018
Speech-enabled EHRs poised for growth as physician adoption expands
A majority of doctors now use speech-recognition software to interact with EHR systems, according to a new report. Nevertheless, as accuracy and integration improve, some signs suggest the market may still have substantial room to grow. The majority of doctors now use speech-recognition software to interact with EHR systems, according to a new report.But as accuracy and integration improve, some signs suggest the market may still have substantial room to grow.While sexier technologies like telemedicine and artificial intelligence grab most of the attention for their potential to disrupt the healthcare space, speech-recognition technology has steadily gained traction without much fanfare. Survey results included in a report from Reaction Data show 62% of participants from a variety of physician specialties using speech recognition with their current EHR solution. Another 15% reported they were either in the process of implementing the technology or planning to implement it within the next two years. More >>
www.fiercehealthcare.com
Categories Healthcare IT
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Private blockchain, explained
Data silos and interoperability challenges abound in healthcare, and blockchain technology appears to provide a solution, theoretically allowing distinct sources of data to update each other in a decentralized waywithout the considerable administrative burden of maintaining up-to-date centralized databases.But for a blockchain to function this way, the data stored on it must be made public by defaultthis is how updates spread through the chain. And that's a problem for the healthcare industry, where many potential use cases involve protected information that cannot be shared without a patient's consent. More >>
www.fiercehealthcare.com
Categories Blockchains
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1 to 1 EHR training improves physician satisfaction, saves time
UC Davis Health in February launched the Physician Efficiency Program, which provides hands-on training to doctors to improve their understanding and experience with the system's electronic health record. More >>
www.modernhealthcare.com
Categories Healthcare IT Hospital & Physicians
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How’s your cybersecurity posture? Answer these 5 crucial security questions
Drafted by the U.K. National Cyber Security Centre, the guidance provides insight into preventing phishing attacks, bolstering third-party management and other security threats. Nearly 70 percent of board members from the largest U.K firms reportedly have received no training to deal with cyber incidents, and 10 percent dont have a cyber-response plan, according to a report from the U.K. National Cyber Security Centre.Those numbers are noticeably poor even in comparison to the U.S. healthcare system where less than half of IT professionals feel confident in their organizations overall level of cybersecurity.Its well known that an organizations cybersecurity posture needs to start in the boardroom to build a cybersecurity posture that can be translated all the way down to clinicians. As insiders overwhelmingly cause the most breaches, those boardroom conversations are crucial.Cybersecurity is now a mainstream business risk," said Ciaran Martin, chief executive of the NCSC at the recent annual CBI Cyber Security: Business Insight Conference 2018. So corporate leaders need to understand what threats are out there and the most effective ways of managing the risks. More >>
www.healthcareitnews.com
Categories Cybersecurity
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Trump’s tariff threats on China could hit hospital IT shops
President Trump on Wednesday threatened to add new import taxes on an additional $257 billion of Chinese goods to the $200 billion established on Monday. This was in response to China on Tuesday announcing plans to impose new tariffs on $60 billion in U.S. exports.Even though its only a threat at this point, rather than brush it off, hospital IT executives would be smart to monitor the developments because further tariffs could bring higher prices on everyday technologies, such as computer hardware and software, not to mention consumables, pacemakers, MRI Machines and other medical equipment manufactured in China.Hospital supply chain directors, in fact, are appropriately paranoid but cautiously optimistic, said Peter Allen, executive vice president of sourcing operations at Vizient, which is a member of the Healthcare Supply Chain Association. More >>
www.healthcareitnews.com
Categories Trump Administration
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Nest is secretly planning a move into digital health for elders
Nest's motion sensing tech could make it into assisted-living facilities for seniors. Nest is quietly planning a move into digital healthcare off the back of its purchase of Seattle-based startup Senosis Health. Google's smart home brand has remained tight-lipped since the deal came to light in August 2017. But its secret is revealed in internal communications and financial documents on the Senosis acquisition obtained by GeekWire.The filings show that it was in fact Nest, not Google, that snagged the company; a UW spinout that turns smartphones into health-tracking tools using their built-in sensors. Its products include HemaApp, which checks your blood's hemoglobin count using your phone's camera, while SpiroSmart uses the microphone to measure your lung functions.Only Nest isn't ready to go public with the move just yet. Records show the firm has been ordering personnel not to mention the company's name and barring UW from publicizing the deal. "It turns out Nest is much more secretive than the rest of Google or Alphabet," Senosis co-founder Shwetak Patel wrote in a June 2017 email to UW's Fiona Wills. "They seem to be particularly sensitive in this situation since they don't want people to know they are getting into a whole new line of business, digital health, until they are ready to publicly announce." More >>
www.engadget.com
Categories Healthcare IT
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Wednesday – September 19, 2018
Using Telemedicine to Combat the Opioid Epidemic
Combatting the opioid crisis is a top priority for the Trump Administration and the U.S. Department of Health and Human Services (HHS). We are making progress. Just last week we released the 2017 National Survey on Drug Use and Health (NSDUH) data, which showed significantly more people received treatment for substance use disorder in 2017 than in 2016; this was especially true for those with heroin-related opioid use disorders. In addition, the number of people who initiated use of heroin in 2017 was less than half of the number in 2016.
The post Using Telemedicine to Combat the Opioid Epidemic appeared first on Health IT Buzz.
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www.healthit.gov
Categories Healthcare IT Telemedicine
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With Apple’s Launch of an ECG Device, Digital Health Leaders, Cardiologists See Possibilities, and Limitations
Heather Landi, Associate Editor
Digital health leaders and cardiologists see Apple's development of an ECG app as a significant step forward with consumer-facing health monitoring devices, while also seeing the technology's limitations.
www.healthcare-informatics.com
Categories Healthcare IT Medtech & Devices
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