According to a survey reported in VentureBeat, half of angel investors regret an investment they made, usually because of overly optimistic financial projections. Angel investing is important to innovation, as they put $20 billion into companies a year, so hopefully the disappointment doesn't lead to closed wallets.
In areas where Medicare Advantage payments are still high, patients can get high-end treatment from specialized clinics, as detailed in a Miami Herald story. Unfortunately, these clinics may add to the perception that MA plans are overpaid, even though they are doing an outstanding job for patients.
The FDA has ordered 23andMe to stop selling its personalized genetic testing kits direct to consumers, highlighting the tension between consumer access to their genetic information and the regulatory need to ensure accuracy of tests and govern how the data is interpreted and used.
A new survey from IDC Health Insights finds that 58% of outpatient providers are unhappy with their EHRs, many very dissatisfied, primarily because of a negative effect on productivity.
From the Department of failed government IT projects, the Department of Defense has announced that its new EHR won't be ready until 2017, at the earliest. This following the abandonment of a joint DOD/VA EHR that was projected to cost $28 billion (yes, you read that right). This one will "only" cost $4 or $5 billion; just 10 or 100 times more than buying an off-the-shelf system would, even for this large a customer. An absurd waste of taxpayer money.
A scale that measures the relationships that patients and physicians have appears to show that poor relationships lead to perceptions of poorer quality according to a study in the Annals of Family Medicine.
http://www.annfammed.org/content/11/6/543.full
About 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.