What better time than Valentine's Day to describe the intense love affair physicians have with their electronic medical records, according to a survey by Medical Economics. Regrets, they have a…
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Welltok, the health and wellness tool company, has received $22 million in additional financing, led in part by the IBM venture fund.
http://medcitynews.com/2014/02/welltok-raises-22m-ibms-watson-makes-first-digital-health-investment/?utm_source=MedCity+News+Subscribers&utm_campaign=2d0ae4cb49-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-2d0ae4cb49-67648197PM Pediatrics, a builder and operator of clinics to provide pediatric services in off-hours, has raised $14 million to support growth.
http://medcitynews.com/2014/02/pediatric-group-offers-care-night-weekends-raises-14-million/?utm_source=MedCity+News+Subscribers&utm_campaign=2d0ae4cb49-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-2d0ae4cb49-67648197A study in JAMA looks at hospital readmissions after discharge from inpatient rehabilitation units, finding an overall rate of around 12% for leading conditions with substantial variation across facilities and regions. Many of these patients appear to be in a downward cycle which is hard to interrupt.
http://jama.jamanetwork.com/article.aspx?articleid=1829684A recent study in Health Affairs indicates that value-based insurance designs, at least in regard to drugs, may improve adherence but not save money.
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According to a GlobalData report the market for electronic medical records will hit $17 billion in 2017. McKesson is the current market leader at $3.3 billion in sales for 2012, followed by Cerner at $2.7 billion and Allscripts at $1.5 billion.
http://drugstorenews.com/article/report-market-electronic-health-records-reach-17-billion-2017The Administration has once again delayed part of the employer mandate in the health reform law, this time for smaller employers, and changed the rules on how larger employers will have to comply.
http://www.nytimes.com/2014/02/11/us/politics/health-insurance-enforcement-delayed-again-for-some-employers.html?emc=edit_tnt_20140210&tntemail0=y&_r=1&utm_campaign=KHN%3A+Daily+Health+Policy+Report&utm_source=hs_email&utm_medium=email&utm_content=11905994&_hsenc=p2ANqtz-9frtRekkKkfFQISIbUfX1EPYp_YKTDbCPuUYJwWmAQdJbpgFdNHMVcBmFquXaShlzwR75PjyOo7P8EjUu-H_BQkwbI2A&_hsmi=11905994Castlight's IPO filing shows a company with huge losses, low revenue, massive debt and a nice client base, but a high dependence on revenue from one client. Clearly a bailout attempt for the current vc owners.
http://medcitynews.com/2014/02/castlight-health-files-100m-ipo/?utm_source=MedCity+News+Subscribers&utm_campaign=48bfcbb40e-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_c05cce483a-48bfcbb40e-67648197Research in the journal Palliative Medicine surveys the research on whether palliative care is less expensive than usual care, and whether it is cost-effective.
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A study published in the American Journal of Managed Care examines the correlation between Medicare and commercial insurance in particular geographies.
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