Heart monitoring company CardioNet (NASDAQ:BEAT),which diagnoses and monitors irregular heartbeats, has acquired another cardiac monitoring company in a deal valued at more than $6 million.The acquisition target, Ohio-based ECG Scanning & Medical Services, will enable the Philadelphia, Pennsylvania-based company to expand its customer base across the Midwest, a company statement said.AdvertisementCardioNet President and Chief Executive [...]
[Read more of this report]One look at #healthpolicyvalentines will convince you that healthcare policy and Valentine’s Day emotions make for humorous (and slightly racy) bedfellows.Twitter user Emma Sandoe, a self-described health policy budgeteer, started it all when she tweeted: “I would competitively bid for you #healthpolicyvalentines last week. And since then a gush of tweets have emanated each competing [...]
[Read more of this report]Radisphere has landed a $10 million equity investment as the radiology company looks to expand its community hospital customer base.Radiology outsourcing groups like Cleveland-area Radisphere have become increasingly popular with investors in recent years. The trend is being driven largely by technology advances and healthcare cost pressures, which have combined to create a lucrative market [...]
[Read more of this report]Four new health technology companies covering areas from Big Data to telemedicine to therapeutics made their pitches to investors and media at the StartX demo day on Thursday.StartX is Stanford University’s nonprofit student startup accelerator, operated independently from the university. Its fifth class of startups from the fall of 2011 includes four new companies devoted [...]
[Read more of this report]Cancerlife provides a social platform for cancer center patients to communicate with supporters such as friends, family, people who share their disease and physicians. It also includes a journal to document how they are feeling. But what sets Cancerlife apart from rivals, says president and co-founder Charles Coltman, is that patients can track the side effects they experience from their medications, allowing them to work with their physicians to better tailor the level and types of medication they take.
[Read more of this report]The CMS EHR Incentive Program is going full bore. Over $390,000,000 was paid out in November alone by Medicare to Eligible Professionals (EP) and Eligible Hospitals (EH). That doesn’t even include the Medicaid incentives. Seems like every possible EHR is certified, EPs and EHs are registering, and we’ve even seen the Stage 1 early 2011 [...]
[Read more of this report]Epion Health is a digital health company focusing on improving health literacy in the one place it can be reasonably sure it will have the patient’s undivided attention — the physician’s waiting room.
[Read more of this report]Big Data investor IA Ventures has raised a new $105 million fund that it will funnel into two dozen or so startups over the next three years.The New York-based venture firm invests in “companies that create competitive advantage through data,” usually in pre-revenue stages. With its second fund, IA will try to balance its portfolio [...]
[Read more of this report]The developer of a digital medical device that tests for different respiratory illnesses, such as flu A and B strains and strep A, sees additional scope for the respiratory test as a testing platform for sexually transmitted diseases along with a broader range of infectious diseases.The BD Veritor System, developed by Alverix and marketed by [...]
[Read more of this report]As the state of Minnesota ramps up its efforts to design a public health insurance exchange by 2013, the private version of that concept is gaining traction among Minnesota employers who are seeking ways to manage rising costs of healthcare.Minnesota-based insurance provider Medica announced Wednesday as of the beginning of the year, 22 Minnesota employers [...]
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