Health IT Business News – Friday, May 10, 2013
Today’s Business News
Allscripts announced first quarter 2013 results, stating bookings total $178 million; operating cash flow of $39 million. Other first quarter highlights for the company include the acquisition of dbMotion, Ltd., a platform for care coordination and population health management, and increased gross research and development spending to support key industry requirements, including Stage 2 Meaningful Use preparedness and ICD-10 readiness and long-term product investments.
API Healthcare, architect of Healthcare Workforce Information Exchange (HwIE) and TeleTracking Technologies announced they are partnering together to enable healthcare organizations to unify critical data between systems to ensure staffing decisions align with current and future patient needs and demands.Working together, the two organizations will bring their respective industry leading technologies to hospitals and health systems, improving operational efficiency through optimized patient flow tracking combined with evidence based workforce management decisions.
athenahealth in partnership with MIT’s H@cking Medicine, announced the winners of its Hack-a-thon, held at athenahealth’s headquarters in Watertown, Massachusetts, this past May 4-5. Project MIST received top honors, and a $5,000 cash prize, for a unique solution to the challenge faced by glaucoma patients when applying eye drops: proper execution. The team came up with a hardware prototype that costs roughly $5 to make and would allow patients to fill the container with eye drop fluid and easily spray a mist across the eyes, making it more efficacious, and less cumbersome, than traditional methods. The goal of the Hack-a-thon was to bring together inventive, forward-thinking minds to take on the status quo in health care and introduce disruptive and meaningful solutions.
InsightsOne, a predictive intelligence solutions company, announced that Independence Blue Cross (IBC) selected InsightsOne to help with predictive analytics capability and solutions. By combining ‘big data’ and predictive analytics technology, the InsightsOne solution allows users to predict their customers’ hidden needs in order to increase consumer engagement, conversion, and retention.
To enable health systems to overcome recurring and costly barriers to physician-to-physician communications, PerfectServe has launched PerfectServe DocLink™, a private and secure communications network that provides physicians with direct access to each other at the touch of a button – saving time and improving care coordination and collaboration.