Now here is a spooky one--Emulate makes "organs on a chip" to help drug companies analyze and understand living tissue reactions to experimental compounds and has raised $12 million for that business.
Kurbo Health has raised $5.8 million for its mobile products to help children eat healthy and deal with weight issues. Just what children need, another app to sit and look at instead of really being "mobile" and getting some exercise.
A Modern Healthcare survey finds that physician pay in 23 specialties changed little from 2013 to 2014. Only five specialties had increases that exceeded inflation growth, including oncologists and Ob/Gyns. A number of specialists have average compensation exceeding $300,000 and several are over $400,000, with orthopedic surgeons topping out at an average $523,000. Can't feel too sorry for them.
Lumeris, also known as Essence Technology Holdings, raised an additional $71 million to support its business of HIT for payment and other health care processes.
PSA screening for prostate cancer should be done judiciously, according to a review of the research in JAMA. While it prevents deaths, it may lead to over-treatment of potentially benign tumors.
Symphony Technology Group has completed its acquisition of System C from McKesson. Symphony is a private equity investor and System C is a large vendor of health care software in the UK.
Research in JAMA finds that for the top 10% of Medicare beneficiaries in annual spending, only a small percent of that cost is due to avoidable ER visits and hospitalizations could be avoided by better outpatient care. Darn, another theory shot down.
Research in JAMA reports on a trial using tele care management for musculoskeletal pain, finding that automated symptom monitoring and a stepped-care approach to pain meds outperformed usual care.
A survey by The Associated Press confirms that most Americans have little faith in their ability to select doctors based on quality, with only 22% saying they are confident they can find and use quality information to compare physicians. Sixty percent rely on friends and family. Only 4% think they get poor quality care, contrary to what research suggests. Most judge doctors on characteristics like friendliness and listening. And having insurance coverage for a particular doctor is very important.
LifeNexus, which offers a method for patients to maintain and access health records, has received a multi-million dollar investment from Camden Partners.
Health Insurance Innovations, a company offering health plan administration services, has purchased HealthPocket, which provides health plan and health services purchasing data for consumers. The purchase price was about $31 million.
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.
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.