QuantiaMD, a provider of an online physician community platform, has closed a $12 million expansion round from investor Fuse Capital, the company announced. The company says the money will be used to meet a demand from payers and health systems that are attempting to engage and align physicians to achieve various quality-of-care objectives, both federal and otherwise.
“Most health plans and hospitals still rely heavily on homegrown portals, fax and mail to communicate with physicians,” Eric Schultz, CEO of QuantiaMD, said in a statement. “These methods are time-consuming, antiquated and ineffective, given how physicians work today. Our scalable platform is fully mobile and easy to leverage for clients who need to engage physicians in fast, high-quality interactions that drive education and positively impact clinical behavior.”
Thus far, Quantia says it has more than160,000 registered and validated physicians, 500 expert faculty from top institutions, and users are on it an average of 45 minutes per week. Also, a third of its users use it on mobile devices.
Officials from Carequality have stated that there are now more than 150,000 clinicians across 11,000 clinics and 500 hospitals live on its network. These participants are also able to share health data records with one another, regardless of technology vendor.
While stolen financial data still has a higher market value than stolen medical records, as financial data can be monetized faster, there are indications that there is ongoing development of a market for stolen medical data, according to an Intel Security McAfee Labs report.
A phishing scam at Baystate Health in Springfield, Mass. has potentially exposed the personal data of 13,000 patients, according to a privacy statement from the patient care organization and a report from MassLive.
In an update, DirectTrust reported significant growth in Direct exchange of health information and the number of trusted Direct addressed enabled to share personal health information (PHI) in the third quarter of 2016.
Eleven private insurers, including Aetna, Humana and Anthem, are urging the Congressional Budget Office (CBO) to consider the experience of commercial insurers when evaluating the impact of telemedicine coverage in Medicare.