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“The Future of Health is Your Smartphone” – How Digital Health is Growing

While mHealth is growing quickly, consumers aren’t embracing it at the same rate. RockHealth reported that despite there being over 13,000 medical apps available, the mHealth trend isn’t taking off as much as it could be. There is a lot of potential for mHealth, and it truly is the future of health.

The following infograph from mashable.com described what this future for digital health is starting to look like. It also answers the question, “What can mobile do?”, and displays how big mHealth is becoming:

December 7, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

Preventable Issues Arise When Paper Documentation is Used

It’s an unfortunate truth that the health care system is not fool proof, and mistakes happen. Many of these mistakes happen because of paperwork that is lost, unreadable, or misplaced. Even with the implementation of EMRs across the country, many healthcare providers are still relying on paper for many aspects of their practice. Referral MD created an infographic that shows some of the current problems in healthcare related to using paper documents:

Pretty scary, if you ask me. Doctor’s are notorious for having terrible handwriting, but 7000 patients die a year because of it? And 30 percent of tests have to be reordered because the orders were misplaced? These statistics are startling, in large part because they are preventable. Those are only two of the facts presented in this infographic, and in combination with everything else, it makes me wonder why anyone that has an EMR would still use paper, and why the practices that don’t use EMRs haven’t started. It makes me not want to trust the system even more.

I can see how patients and doctors alike may find it hard to switch over. When I wasn’t given a physical, paper prescription to take to the pharmacy to get my son’s medication, I was a bit taken back, but it made things so much easier when I actually arrived at the pharmacy. I compare that to the many prescriptions and lab orders I lost during my pregnancy because I set it down and forgot to pick it up again, never to find it again until months later while doing some cleaning. It made me really wish my OB/GYN had electronic documents more incorporated into his practice. I’m curious to see if he has any EMR at all. Since he’s been a doctor for 40+ years, maybe he’s having a hard time making the switch.

It’s one thing if a person dies from a terminal illness, but to pass away because of a preventable mistake is uncalled for. I realize that no one is perfect. Everyone makes mistakes. But when a mistake could mean someone dying, a patient’s information being misused, or a HIPAA violation occurring, something is wrong. Hopefully as EMRs become better and more practices have them, paper documentation will become a thing of the past, and these mistakes, breeches, and all other issues that are related to using paper, will go that way as well.

November 5, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

National eHealth Collaborative Survey Results

The results of a survey given to 450 members of the National eHealth Collaborative on July 16th were released. The goal of the survey was to “build an understanding of consumer engagement strategies currently underway and planned for the future,” according to a press release. There were many interesting findings from this survey. The primary goals for consumer engagement with health IT included the following:

  • 68% – improve health outcomes
  • 66% – deliver information to patients
  • 59% – enable consumers to take more responsibility for their health
  • 59% – reduce healthcare costs
  • 57% – improve consumers’ experience in interacting with our organization

Along the same lines, those surveyed were asked what their definition of consumer engagement was. There were quite a few answers, but the top three were:

  • Patient uses electronic educational material or online resources to learn about better health or their own health conditions (74%)
  • Patient refills prescriptions or accesses lab results or other personal health data online (72%)
  • Patient engages with provider through electronic means (e.g. telemedicine) (71%)

Kate Berry, CEO of NeHC, commented on the survey:

Effectively leveraging health IT to engage with patients and consumers will lead to better healthcare outcomes. Our surveyshows that a majority of organizations believe in the strategic importance of consumer engagement yet their strategies are understandably nascent. NeHC’s Consumer Consortium on eHealth and HIE Learning Network can serve as forums for sharing consumer engagement lessons learned to help accelerate progress.

The complete results of the survey can be found here.

November 1, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

Healthbox Expands to European Startups

Healthbox is known for helping new business startups by providing them with seed capital. The company has recently announced it would be expanding its services to London. In July, Healthbox began the search for health tech startups that will bring change to health care in Europe.

They hosted the first of many events across Europe to bring in potential startups, and the final selection was set to take place in September. The startups that were selected are set to receive £75,000 of seed capital, access to Healthbox’s mentors, wider industry network,  and access to Healthbox’s London offices.

Commenting on the launch of Healthbox’s accelerator in London, Nina Nashif, Founder of Healthbox, described why London was chosen to be the hub in Europe, and her feelings about the program:

London was the obvious place to come be part of the UK’s world-renowned academic institutions, science and tech traditions as well as being a gateway to the rest of Europe. It is the natural seedbed for new, passionate entreprenerus looking to grow their ideas. We are looking forward with some amazing people. Healthcare has traditionally been a challenging sector for innovation because by its very nature it has been risk averse. Healthbox has developed a new ecosystem and culture for stimulating change by bringing together early-stage companies with strategic organisations, individuals and investors who mutually benefit from working together on new ideas that transform health. We believe in the power of having a global network for exchange of ideas and learning.

There are several firms that are supporting the program, which include Bupa and Secro and Zone Digital, and there will be mentors from companies such as Care UK, Novo Nordisk, Dell, Deloitte, and DocCom.

October 12, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

Pingmd and Rxante Receive Fundings to Continue Product Development

FUNDINGS:

Pingmd is an app that connects parents with their child’s pediatrician. The startup behind its creation, Dauphin Health, has raised $1.33 million. The company is based in New York, and was created by Drs. Gopal and Manju Chopra. The app is free, and parents can keep track of vaccinations and allergies, as well as communicate (securely) with their child’s pediatrican.

Pingmd currently has seven employees and thousands of patients have used it so far. There are plans to expand throughout other parts of North America and into Europe. According to Dr. Gopal Chopra the app is “gear towards getting the physician the right information to make a decision.

Directors that were listed on the SEC document included Matthew Greenfield, Ernest Pomerantz, and Rudy Mazzocchi.

Sometimes it’s hard to remember to take prescribed medicine. RxAnte aims to change that. The company develops technology to help remind patients to take medications. And a few weeks ago, RxAnte received a $4.6 million investment. The investment came from Aberdare Ventures and West Health Investment.

According to BizJournals.com, RxAnte’s “technology can predict which patients are likely to stray from their scheduled drug-taking schedules, and what interventions are likely to be most effective.” This funding will help the company continue creating new technology and introducing them to the market

October 4, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

New Host of Startups Enroll at StartUp Health Academy

A new class of companies will be enrolling in the StartUp Health Academy in the coming weeks. The program is three-years long and involves live and online workshops and demo days.

The newest start-ups that have enrolled include:

  • Avado
  • Beyond Lucid Technologies
  • CakeHealth
  • CarePlanners
  • CareLinx
  • Chemotopia
  • Docphin
  • Empower Interactive
  • Greatist
  • Medikly
  • Rip Road
  • Truth On Call

StartUp Health has had almost 1,000 startups in the academy over the past 10 years. That’s quite a list of companies. A number of them with really interesting history such as Avado founder coming from Microsoft HealthVault and CakeHealth which did really well at TechCrunch Disrupt.

September 25, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

Meta Health Technology Acquired By Streamline Health; Breakthrough, MyHealthTeams, and PatientCo Ink Receive Fundings

Aquistions

Streamline Health announced last week that the company will be acquiring Meta Health Technology, a “leading provider of health information management solutions for hospitals, clinics, physician group practices and long-term care facilities across the U.S. and Canada,” according to Red Orbit.

Streamline acquired approximately $15 million capital stock from Meta Health which was $13.4 million in cash and $1.6 million in Streamline Health Stock. Robert E. Watson, President and Chief Executive Officer of Streamline Health Solutions, discussed the acquistion:

The Meta suite of solutions, when bundled with our existing solutions, will help current and prospective clients better prepare for this challenge. In addition, the pending release of a computer-assisted coding solution (CAC) will place Streamline Health at the core of addressing the complexities of the ICD-10 transition.

Fundings

Launched in 2009, Breakthrough addresses that fact that one in four Americans suffer from a mental illness. The company is offering a way for users to contact mental health professionals through email or video. It also allows users to find providers based on various criteria including price, specialty, or disorder.

Breakthrough has raised $900k in seed funding from many different investors. The contributors included the following: Ash Patel and Mike Marquez of Morado Ventures, Charles River Ventures, Square COO Keith Robois, Badoo COO Benjamin Ling, Gus Fuldner, PracticeFusion co-founder Matthew Douglass, PayPal Director and former eHealth exec Avery Kadison, Invite Media co-founders Nat Turner, and Zach Weinberg.

MyHealthTeams is a start up that develops communities, both socially and locally, for those who live with or help those with chronic conditions. The startup announced on Tuesday a $1.75 million round today. The round was led by Adams Street Partners, with participation from 500 Startups.

According to TechCrunch.com, MyHealthTeams’ mission is:

To make it easy for people to quickly find and connect with a network of other people who are in a similar position and can understand the challenges faced via its own condition-specific social networks. In addition, members can also easily find referrals of local providers and businesses best suited to help them — and this, presumably, is part of the business model.

The funding is going toward expanding the company.

and finally, Patientco Ink raised $3.75 million in a Series A financing. The round was led by BlueCross Blue Shield Venture Partners and Sandbox Industries. In addition, as a result to the financing, the Managing Director of Sandbox Industries, Tom Hawkes, will be joining Patientco’s board of directors.

A press release concerning the financing described Patientco:

Patientco simplifies the challenges of understanding healthcare expenses for patients so they pay their healthcare providers faster. Already more than one million patients across 20 states securely receive, pay and track their healthcare expenses via Patientco. Patientco’s proprietary technology integrates with physician and hospital information systems to provide a comprehensive communication, payment and reconciliation solution.

Sandbox Industries invested in the company to help develop and further Patientco’s solution and “to solve the increasing healthcare payments problem.”

Thank you to Rockhealth.com for putting together a list of fundings and acquisitions each week. Be sure to check out their weekly newsletter!

September 20, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

Predilytics, InCrowd, and Doximity Receive Fundings and Plan to Expand

FUNDINGS

A Facebook for doctors? That’s what Doximity is being called. It started out as a LinkedIn for doctors, but with the addition of a news feed, it’s turning more Facebook-like. The company recently raked in $17 million series B round fundings. It was led by Morgenthaler Ventures, along with participation from Emergence Capital Partners and InterWest Partners.

This is the second round of funding that Doximity has received, which is when the company grew the most. It is a free, social networking tool that is secure and allows doctors to discuss patients, which cannot occur with regular social networks or text messaging. According to VentureBeat, Doximity

. . . hopes to connect doctors so that they can collaborate on cases, identify the right candidate for a referral, send private messages to each other, converse about the latest research, and gain exposure for their practice. It has experienced rapid expansion and recently announced that one in seven physicians in the United States have signed up.

Be sure to look for big things from this company in the future.

Boston-based startup Predilytics combines machine learning and health care to help health care companies run more efficiently. On September 4th, the company announced that it closed on a $6 million Series A round of funding. Contributors include Flybridge Capital Partners, Highland Capital Partners and Google Ventures.

Gigaoam.com quote Predilytics as describing their services as follows:

Predilytics offers a new approach for generating healthcare insights – applying big data, machine learning technology to create transparent, unbiased business driven results. This approach exceptional predictive models that are 2x to 4x more insightful and actionable than conventional statistical/regression modeling and rules-based methods.

Predilytics plans to use this funding to “further expand its product offerings and grow operations with a focus on analytics, information technology, application development and account management.”

InCrowd allows “pharmaceuticals to survey screened and targeted healthcare professionals in real-time.” The company recently closed a $2.2 million Series A round. The round was let by Nauta Capital.

InCrowd has a database of “pre-screened healthcare professionals.” These professionals have opted-in to being in the database. Pharmaceutical companies can take this database and find doctors that fit the description of who they want to to take their survey, and then a survey will be sent out to them.

Thank you to Rockhealth.com for putting together a list of fundings and acquisitions each week. Be sure to check out their weekly newsletter!

September 14, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

Agile Health, Best Doctors Inc., and Life Image Among Many Companies Receiving Fundings

FUNDINGS:

Agile Health, based in Nashville, announced that the company has recently raised $2 million. The company created “Kick Buts,” a smoking cessation program. It was built after the company’s starters, Gary Slagle and Scott Werntz, saw research from the UK that showed people were more likely to quit smoking if they were involved in a texting program. The article about this funding didn’t include anything additional information about where the fundings came from, as officials at Agile Health weren’t immediately reachable for comments.

A Nashville-based, mail-order institutional pharmacy, NuScriptRX, announced on August 27th that they closed on a $5 million round of funding. The round was led by Council Capital and Council & Enhanced Tennessee Fund. There were quite a few other investors, including Clayton Associates of Nashvlle, Linwood A. “Chip” Lacy, Jr., and Envest of Virginia Beach, Va.

Best Doctors Inc., a company that “provides proven medical cost containment solutions to employer groups and other parties around the globe,” received a $45 million equity investment recently. The investment came from BBH Capital Partners.

This funding will go toward technology and infrastructure at Best Doctors, and to help hire more employees. According to this article, the company addresses “the issue of misdiagnosis in people and patients getting the wrong treatment. Last year, the company, which has 30 million members, handled close to 10,000 cases in the U.S., where 29 percent of the cases were misdiagnosed.”

Life Image, a healthcare informatics company in Massachusetts, raised $4 million recently. $11.8 million was raised in a Series B financing round recently as well, bringing the total to almost $16 million. There were 13 investors, which included Cardinal Partners, Galen Partners, Massachusetts Technology Development Corp., and Partners Innovation Fund.

The company has cloud-based software that “facilitates transferring, indexing and searching for digital medical images to reduce the time and cost of redundant exams, avoiding excessive radiation exposure for patients using an image transport method with optimal security that is faster and more reliable than the current practice of using CDs and DVDs,” according to Med City News. 

A healthcare software company based in Brookfield, Wisconsin, recently completed a $2o million recapitalization. Connecture will now be able to “meet demand for the creation of health insurance exchanges mandated by the Patient Protection and Affordable Care Act, as well as supporting Connecture’s ongoing investments in software innovations intended to benefit the health plan, broke, and insurance exchange markets,” according to a news release.

The investment was led by Great Point Partners LLC, and Chrysalis was listed as a co-investor.

Sequoia Capital recently became the latest backer for Telecare, and with that support, led a round of funding that raked in $25.5 million. Telecare created a new way solution to managing diabetes, which includes a wireless glucose monitor, as well as apps that help family and friends follow the progress of their loved ones who suffer from diabetes.

The glucose monitor was released earlier this year. With this $25 million funding, Telecare plans to expand marketing, sales, research, and development.

Lumosity is a health-game creator that “develops games and exercises that aim to improve core cognitive abilities and enables users to remember more, think faster and perform better at work and school,” according to Tech Crunch. The company received $31.5 million in Series D funding recently. This brings their total funding to around $70 million.

The round was led by Discovery Communications, and other investors included Menlo Ventures, FirstMark Capital, Harrison Metal, and Norwest Venture Partners. The funding will go “towards further research into human cognitive performance, expanding reach and marketing and branding.” Lumosity has more than 40 games in its collection that focus on memory, attention, and problem solving.

 

Thank you to Rockhealth.com for putting together a list of fundings and acquisitions each week. Be sure to check out their weekly newsletter!

September 10, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.

WellFX, a Social Platform for HealthCare, Receives $5 Million From CMT Ventures

There is just one funding this week, but check out the full list of Healthcare IT investments:

WellFx, “a safe, private and secure social platform designed to bring healthcare to life” received $5 million Series A Financing from CMT Ventures. The platform is beneficial for both providers and patients. Patients that are living with chronic medical conditions are able to use the platform to connect with others, receive support, and get educated on their condition. Healthcare providers are able to incorporate the platform into their practice and encourage patients to participate in.

The company is in the process of creating a cloud-based social platform, which is what the $5 million will help with. The platform is supposed to help patients connect with one another and better their health.

Thank you to Rockhealth.com for putting together a list of fundings and acquisitions each week. Be sure to check out their weekly newsletter!

August 7, 2012 I Written By

Katie Clark is originally from Colorado and currently lives in Utah with her husband and son. She writes primarily for Smart Phone Health Care, but contributes to several Health Care Scene blogs, including EMR Thoughts, EMR and EHR, and EMR and HIPAA. She enjoys learning about Health IT and mHealth, and finding ways to improve her own health along the way.