News & Updates

DreamIt Health, the first Philadelphia-based health care accelerator, announced 10 startups selected to participate in their inaugural class. The companies will enter a four-month boot camp and receive a stipend of up to $50,000.

OneHealth Solutions Inc. raised $9 million in a Series B financing round led by Lemhi Ventures. OneHealth uses game mechanics, social networking, peer support communities and clinical protocols to help people achieve health goals.

A study published in the Journal of the American Medical Association reported that current commercial EHRs are ill suited to handle the complex data produced from increasingly sophisticated omics technology. The study cites the need for dedicated omic ancillary systems until EHRs are able to handle omic data efficiently.

EveryMove, a company offering lifestyle based rewards program, raised $3.5 million in Series A funding. Investors include BlueCross BlueShield Venture Partners, Sandbox Industries, and Blue Cross and BlueShield of Nebraska.

GE healthymagination and StartUp Health announced the first thirteen companies selected to join a three-year Entrepreneurship Program. The consumer facing companies, focusing on aging, health sensors, and patient engagement among other things, will receive mentoring, resources, and various growth opportunities through the program.

The OIG found in a recent study that the Plan Finder, an online portal that helps consumers compare health insurance plans, did not provide useful and accurate information. The OIG recommended that CMS, overseers of the portal, increase their efforts to certify private insurers’ compliance with reporting requirements.

The Office of the National Coordinator for Health Information Technology awarded grants to, a non profit trade association, and EHR/HIE Interoperability Workgroup, a New York eHealth Collaborative, to continue their work of developing governance programs for health information exchanges.

Florida Hospital Carrollwood, an Adventist Health System facility, received the acute care Stage 7 award from HIMSS Analytics. The hospital achieved the highest level on the Electronic Medical Records Adoption ModelSM (EMRAM), which is used to track EMR progress at hospitals and health systems.

PeriGen, a provider of real time clinical decision support software for perinatal systems, raised $6.4 million in funding from multiple private investors. The company saw an 11% revenue growth in 2012.

An analysis by consulting firm McKinsey & Company reported that US can save $450B in health care costs by leveraging the value of big data. The report also highlights the fundamental changes required for this goal.

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