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Advancements in genomic research have given medical professionals the ability to create highly detailed physiological profiles of individuals as well as a baseline for predicting the impact of genes on disease. And the catalyst for putting genomic principles into practice is the electronic health record, said researcher David Crockett.Electronic Health Records
NantHealth on Tuesday announced plans to acquire Boston-based NaviNet, wrapping up what it called a 10-year plan for the tech firm, CEO Patrick Soon-Shiong, MD, said.
Under terms of the deal, NantWorks, a holding company, and its majority-owned subsidiary NantHealth, are buying NaviNet for an undisclosed sum. The deal gives NantHealth entry into the payer market and strengthens its personalized medicine goals. NaviNet is known for its payer-provider collaboration technology.
NantVentures, the private equity arm of NantWorks participated in the financing.Mergers & Acquisitions
Epic will buy the Mayo Clinic's data center for $46 million in a sale-leaseback deal for the 62,000-square-foot facility. That means the EHR giant will lease it back to Mayo for four years, with an option to continue doing so in perpetuity, as first reported by Finance and Commerce.Electronic Health Records
While 66 of the 100 largest hospitals in the United States offer consumers mobile health apps, only 2 percent of patients are using them, according to a new report published on Wednesday by Accenture that also found that failure to focus apps on services consumers want most could cost each hospital more than $100 million a year in lost revenue.
In its "Losing Patience: Why Healthcare Providers Need to Up Their Mobile Game" report, the consultancy found that 38 of those top U.S. hospitals have developed health apps in-house rather than by hiring a mobile app vendor.Patient Engagement
The average salary for healthcare workers in executive, management and other professional positions topped $111,000 in 2015, according to the recently released 2015 HIMSS Compensation Survey by the nonprofit Healthcare Information and Management Systems Society, though there is a close to $30,000 gap between what men andWorkforce
Navigant Consulting has acquired revenue cycle-focused McKinnis Consulting Services for $49 million in cash and $3 million in common stock, the companies announced on Monday. The deal means more than 70 of McKinnis' consultants will join Navigant, and all three McKinnis founders, James McHugh, Timothy Kinney, and John Morris, will join Navigant's revenue cycle leadership team.Financial/Revenue Cycle Management
New college graduates entering the lucrative mobile app economy earn about $99,000 per year on average, more than double the average salary that a typical new grad earns, according to a new report from ACT/The App Association.
As a result, the booming market is giving healthcare professionals a steadily increasing number of new and potentially lucrative job opportunities.Workforce
Healthfinch, which owns the prescription refill application Swoop, has landed $7.5 million in its first round of funding to bankroll the development of its new practice automation platform "Charlie."
Investment firm Adams Street Partners led the funding, with participation from JumpStart Ventures, Chicago Ventures, OCA Ventures, Abundant Ventures and a private investor.
This funding round takes healthfinch's total raised to more than $10 million since the company, founded by CEO Jonathan Baran and Chief Medical Officer Lyle Berkowitz, launched in 2011.Workflow
The Department of Health and Human Services' Office for Civil Rights said it will change the rules so that mental health providers can share data with the National Instant Criminal Background Check System, part of a slate of executive actions President Barack Obama on Tuesday announced to help curtail gun violence.
NICS is maintained by the FBI to conduct background checks on people who may be legally disqualified from owning guns.Policy and Legislation
In Nobody Knows, I raised several questions about the coming year:
1. The US national program is at a time of transition, from the carrot to the stick. Incentives are no more. Penalties kick in this year. Will that work?Policy and Legislation In hindsight Keith Boone revisits his 2015 predictions to see what came true, what didn't and what still needs work. Healthcare IT News blog/hindsight
Defenders of privacy and security found 2015 a most challenging year. For the first time, cyber-attacks became the leading cause of data breaches, as indicated by several annual data breach studies, including the Fifth Annual Benchmark Study on Privacy & Security of Healthcare Data.Privacy & Security Top privacy and security predictions for 2016 Defenders of privacy and security found 2015 a most challenging year. For the first time, cyber attacks became the leading cause of data breaches. With no obvious end in sight, these trends are likely to continue -- but 2016 will present some new challenges. Healthcare IT News blog/top-privacy-security-predictions-2016
Zipnosis, a startup that provides virtual care platforms, has raised $17 million in its Series A financing round to speed product development.
Zipnosis describes its offering as a platform that empowers health systems to launch proprietary branded virtual care service lines staffed with their own clinicians. The goal is to maximize the clinician's time and ensure clinically appropriate patient outcomes.Telehealth
Lancaster Regional Medical Center said it has seen big drops in readmissions and emergency room returns, with the Pennsylvania hospital giving much of the credit to a referral management platform from par8o.Population Health
The Massachusetts eHealth Institute at MassTech, known as MeHI, has awarded more than $1.3 million in grants to 25 behavioral health providers to improve patient care, reduce healthcare costs and ensure appropriate privacy and security protection of behavioral health patient data.Electronic Health Records