HIT Market

Beyond Liberating Data, HHS CTO Seeks to Free Up its People

July 10, 2013     David Raths
news
Bryan Sivak, chief technology officer at the Department of Health & Human Services, often gives talks about his office’s efforts to make sharing data with the public the default setting at HHS. And he can point to successes in making data sets such has hospital-pricing information available. But his goals as “entrepreneur in residence” also include getting people within HHS’ siloed organizations to work together on new concepts.

The Potential of Crowdfunding in Health IT

July 9, 2013     Gabriel Perna
blog
Since 2012, crowdfunding has gone viral. Its explosion into mainstream consciousness has begun to touch the world of healthcare IT, but how effective is it in getting an idea or product off the ground? The answer to that question is still very much a mystery.

Digital Health Investment Continues to Soar

July 1, 2013     Gabriel Perna
news
Investment into digital health continues break records, according to the mid-year report from start-up accelerator firm, Rock Health. The report found that the first six months of 2013 saw a record amount of investments into digital health companies.

Report: U.S. Health IT Market to Reach $22.6B by 2017

June 27, 2013     Rajiv Leventhal
news
The U.S. health information technology market is expected to reach $22.6 billion by 2017, as compared to $15.9 billion in 2012, according to a report from R&R Market Research.

McKesson CEO has $159M Pension

June 26, 2013     Gabriel Perna
news
John Hammergren, CEO of McKesson (San Francisco), the highest revenue-earning vendor in healthcare IT, would be owed the largest pension benefit ever recorded if he left office this year, according to a report in the Wall St. Journal. Hammergren’s pension of $159 million, revealed in an SEC filing, is the largest ever in corporate America, say consultants quoted in the WSJ piece.

Report: IT-as-a-Service Models to Net $11B in Savings Over Next Three Years

June 25, 2013     Rajiv Leventhal
news
According to a new report, healthcare providers could reduce IT costs by 9 percent, which translates into $11 billion in IT savings over the next three years if they deploy IT-as-a-Service (ITaaS) models, where the IT organization of an enterprise is run much like business, acting and operating as an internal service provider.

Intermountain, Deloitte Launch Analytics Tool

June 25, 2013     Gabriel Perna
news
Utah-based health system, Intermountain Healthcare has announced a new joint venture with Deloitte. The two companies are launching an analytics driven tool, OutcomesMiner, which will use data from electronic medical record (EMR) systems to give various researchers, pharmaceutical, and medical device companies the insight needed to create new products and therapies.

GE Healthcare to Invest $2 Billion in Software Development

June 11, 2013     Gabriel Perna
news
GE Healthcare, a large electronic health record (EHR) and health IT software company based out of Chalfont St. Giles, England, will invest $2 billion into the development of software and analytics capabilities over the next five years, the company announced.

Healthcare Professionals Lead HIMSS Virtual Conference on Innovation

June 6, 2013     Rajiv Leventhal
article
At the Healthcare Information and Management Systems Society (HIMSS) Virtual Conference on June 5, leaders from various healthcare organizations around the country came together with the aim to serve as an inspiration to other providers looking for ways to unlock the potential within their organizations.

MedeAnalytics Appoints CEO

May 15, 2013     Gabriel Perna
news
MedeAnalytics, an Emeryville, Calif.-based provider of data analytics solutions that are used for performance management, has appointed Andrew Hurd as the company’s CEO. Mike Gallagher, the previous CEO of the company, will continue to serve as MedeAnalytics’ executive chairman.

Kaiser Permanente Northwest Joins the Oregon Health Network

May 10, 2013     Rajiv Leventhal
news
Kaiser Permanente Northwest has joined the Oregon Health Network (OHN), Oregon’s health information highway, providing information connectivity to the entire healthcare continuum in the state.

Allscripts’ Earnings Report Shows Continued Slump

May 10, 2013     Gabriel Perna
news
Chicago-based electronic health record (EHR) software provider, Allscripts continues to find itself in a slump, according to the results of its first full quarter earnings report since the company made significant leadership changes.
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