Research suggests that wider use of telemedicine can produce significant savings, largely through lower unit costs for the same services.
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Medicare is cutting payments to 721 hospitals by as much as 1% for their failure to improve infection rates and reduce other hospital-acquired conditions as much as CMS things they should.
http://kaiserhealthnews.org/news/medicare-cuts-payments-to-721-hospitals-with-highest-rates-of-infections-injuries/?utm_campaign=KHN%3A+Daily+Health+Policy+Report&utm_source=hs_email&utm_medium=email&utm_content=15357002&_hsenc=p2ANqtz-8nBm5zUytNg8cfuSL1QqgxN9C2fRjOYz2rhdtDPgaxYFbTsi3LzPosNfSZJbWxNqD6qg4TGX5ji3XHxE9zq1iCVpN1RA&_hsmi=15357002Investors have enlarged their investment in Amplify Health by $1.5 million to advance its ACO software products.
http://medcitynews.com/2014/12/health-startup-amplify-health-raising-1-5m/?utm_source=MedCity+News+Subscribers&utm_campaign=6e7b5b195b-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-6e7b5b195b-67648197A new study examines whether requiring physicians to periodically re-certify will improve quality or lower costs.
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SoloHealth, which uses telehealth stations to screen for and manage chronic diseases, has raised a lonely $4.3 million in new capital.
http://medcitynews.com/2014/12/using-telehealth-to-screen-for-chronic-conditions-solohealth-raises-over-4-3m/?utm_source=MedCity+News+Subscribers&utm_campaign=e2ae6d6bb6-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-e2ae6d6bb6-67648197The Commonwealth Fund examines the impact on families from increases in the cost of employment-based health insurance.
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Investors of the world, I beg you, I beg you, beg you, beg you; please stop this madness, I can't take it anymore! Feverish investors have put a hot $9.6 million into a smartphone-connected thermometer offered by Kinsa, but they may be cool to the returns.
http://www.excointouch.com/news/2014/12/15/albion-and-sep-complete-3.2m-growth-investment-in-exco-intouchIn emerging news, eMerge.Md, is merging with Avizia, in others words merging its emerging telemedicine software business with Avizia's emerging telemedicine hardware business. Neither company has merged before so there is no remerging going on.
http://www.prnewswire.com/news-releases/avizia-and-emergemd-merge-300007045.htmlAmerican Well, the telehealth company, has raised an additional $80 million in capital. You have to wonder how, in an industry with no barriers to entry and no real differentiators, anything thinks they are going to get a return on this investment.
http://medcitynews.com/2014/12/american-well-80-million-fundraise-expand-telemedicine/?utm_source=MedCity+News+Subscribers&utm_campaign=a08fc37ee6-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-a08fc37ee6-67648197A blog post at Health Affairs summarizes research and concludes that workplace wellness programs provide no savings.
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Oneview, an Irish company offering patient engagement and clinical workflow software, has raised $7 million to aid in entering the US market.
http://medcitynews.com/2014/12/health-it-oneview-us-cash/?utm_source=MedCity+News+Subscribers&utm_campaign=587ba28569-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-587ba28569-67648197About this Blog
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.
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