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Ascension Health and Private Equity Firm Oak Hill Capital Form Joint Venture To Buy Catholic Hospitals and Health Systems
According to the article, Oak Hill Capital will invest $400 million and assume $495 million in debt. Ascension which was created in 1999 currently has 69 hospitals in 20 states. The agreement also allows for the hospitals t adhere to the teachings of the Catholic religion. The goal is to give Cat…
HHS announces $200 Million in State Grants To Help Fight Health Insurance Rate Hikes-Time to Apply and Buy Some More Business Intelligence Health IT Reporting Algorithms
Back in June of 2010 HHS announced $51 Million in grants and that was not enough it appears. This is a tough battle as health insurers come back with their business intelligence generated reports that substantiate their demands for premiums increase. To dispute and look at accurate numbers, they st…
IHA Receives $2.9M AHRQ Grant to Pursue Demo on Bundled Payments
Last August 2 hospitals were to start the project but I have not heard much more than the announcement that was made at that time between Cedars-Sinai Medical Center, the UCLA Health System and Hoag Memorial Hospital Presbyterian in Newport Beach for charging lump-sum fees for hip and knee replaceme…
Fujifilm Buys Merck Biotech Supply Unit To Make Up for Declining Sales with Imaging and Cameras-Subsidiary Watch
This Merck division was only created about a year ago and Fujifilm is a recent addition to the biotech market with the purchase of another chemical company last year. As mergers and acquisitions go with the use of business intelligence, companies are aligning themselves with “like” or similar techn…
NIH Offers Mobile Health Workshop for Behavioral Science With Mobile Health Algorithms And Formulas-We Want To Know Your Thoughts and What You May Do (Grin)
Well here it is now from the government. A couple years ago I started posting about behavioral health and mostly relative to insurance companies. They use data to project risk and keep cost down with their algorithms. Guess what, they want the data like everyone else to predict and keep costs dow…
Verizon Investments Inc. (Venture Capital) Participates in BL Healthcare Platform Financing
We are certainly hearing a lot of new names in Health IT and this was a new one for me, although their technology is similar to many others being developed. Verizon has invested. BL Healthcare has several solutions which go from television, to touch screen computers to Kiosks. The Touchscreen e…
St. Joseph Health Systems To Roll Out Allscripts Software As Service Care Management and HomeCare And Will Work with AT&T for Telehealth Stations
This is a combination post of a couple of new things going on with St. Josephs Health Systems. First of all the Allscripts Software as a Service will be rolled out to help track patients through their system and secondly the Home care unit will provide a medical records system for hospice and those…
Harris to Acquire Carefx Data Aggregator
This is one way to get technologies collaborating, buyouts. think this year at HIMMS probably data aggregation and finance were the most popular, at least with the the exhibitors. Here’ we have Harris who is doing work for the Florida HIE move and has other government contract purchasing a medica…
Privacy on the Internet–Tracking User History With Cookies and Flash Cookies And More-Use a Program Like CCleaner to Fight Back
Everyone is marketing to try and predict and of course in healthcare this is prevalent too and “why they market their ass off”. Tracking and snooping is part of marketing if you have not figured that out yet today. In the video below even ABC has finally come out to state how insurance tracks you,…
GE Healthcare Becomes the Next Medical Records System to Offer Ipad and Iphone Software Solutions
It is certainly beginning to look like the Ipad is becoming a working hardware partner in the medical records business as GE is the latest to announce Centricity Advanced and Centricity Practice Solutions coming to an Ipad soon. Back in January another medical records program also announced their I…
Humana Keeps Tricare In The South And Back in May of 2010 HealthNet Was Able to Keep the Northeast-Both Companies Filed Appeals
This makes for somewhat of an interesting story as Tri-Care went up for bid and Aetna and United were awarded new contracts; however, Humana and HealthNet filed appeals and both Aetna and United lost the bids and they reverted back to the incumbent insurance carriers. Back in May of 2010 it was ann…
NY Times Sells UCompareHealthCare to MDx Medical-Physician Find and Compare Website Search Algorithms And Marketing
If you read here often enough at the Medical Quack occasionally I go back and take a look to see how updated some of these listings are. They all seems to have removed the listing for my former obgyn that was on all the data bases back in September of 2010, and she has been deceased for around 8 ye…
Explosive Device Found On Man Treated At Emergency Room After Automobile Accident-Bomb Squad Called The Hospital
Strange things are happening at the ER rooms today and this ranks up there. The man had been in an automobile accident, taken to the hospital and when the staff was removing clothing for treatment lots of goodies were found to include drugs, pills and a bomb. The Kansas City Police Department’s bo…
Medtronic Inc. Cancels Contracts With Novation Hospital Buyer Group-Wants to Save Money Negotiating Direct With Hospitals
Whether or not this represents a savings for hospitals is not known yet but the company wanted to remove the “middlemen” so they could set their own pricing without the reliance of joining the buyers group. We kind of all know how volume sales work and bring the cost down, so in absence of such a bi…
Los Angeles REC Center (Medical Records Assistance) is Open for Business HITEC-LA
I try to keep some updates on what’s happening at the ONC created REC centers across the US and everyone is a little different being they are a private enterprise coordinating to help physicians and medical businesses with converting and setting up electronic medical records. Below are a couple rec…
Doctors Have Become One of the Largest Software Beta Testing Groups–”Magpie Healthcare” Unfortunately Still Thrives
I made this comment on Twitter and actually had a couple medical record companies agree with me, making the point that yes they as well as almost everyone else out there at some point in time has put out some “buggy” software. Let’s face it we want to get the doctors to move up the ladder to electr…
