Four Preview Videos in the Footer
Nimbus, Seeded by Bill Gates Raises $24 Million From Gates and Lilly Ventures
Nimbus is a company that uses “computational drug” discovery methodologies in other words using technology to for research. In short simulation is the key here with creating new drugs with a computer long before a wet lab is ever started. Lilly Ventures and a couple other investors are in as well …
Robert Scoble At TEDx–Coders Rule (Video) This Applies to Healthcare With Medical Records, Medical Devices, Drug Development Genomics and Intelligent Interpretations
This is a nice talk about where we are going today with technology and he talks about the lack of coders with everything connected today. We need more mastering he states, and he hits on something I’ve always said way back when I was in sales, that if I couldn’t tap into a person’s curiosity, then …
This is a good article that delves into how the financial markets operate as it relates to food items and those companies sold on the exchanges. According to this article investors are upset that Pepsi for one is not meeting their goals. Unless you live under a rock there have been tons of article…
Only the Rich Will be Able to Afford Avastin for Treating Breast Cancer As FDA Advisors Reject the Drug as a Treatment
The drug is not going away as it is approved to treat other types of cancers but I question the information on not being effective. This may or may not be related but companies like United Healthcare are grading oncologists and telling them if they are following the rules. The link below has more …
Over 7000 Humana Medicare HMO Patients Are Losing Their Doctors Due to Contract Changes Generated by Cost Algorithms
We have another business decision quoted here, it’s the algorithms that create the profitable business models and it’s happening all over the US. Outside of health insurance too this is happening with new contracts as costs are zeroed down and one place of work closes and another one opens. Perhap…
Healthcare's ICD-10 Project Deadlines Could be a Jackpot for India’s IT Companies
The outsourcers will be a combination of pharmacies, medical device companies, hospitals, insurance carriers and maybe a few providers. This is being compared in India to the Y2K preparedness that I think we can all remember. India right now is very hungry for some additional business as well. Yo…
IPAs Helping Doctors Transition With Health IT Technologies - Prepares IPAs for Potential Future Health Insurer Acquisitions-Subsidiary Watch
Now why did I choose this title, because it’s true, and I’ll cite a couple recent posts on what is happening in southern California as IPAs are being acquired by health insurance companies. We had Wellpoint buy out Caremore which is an HMO that was set up to handle managed care for seniors and gran…
Microsoft To Offer Direct Protocol To Help Google Health Members Transfer Data to HealthVault-Still Big News for a Product Being Discontinued to Lack of Interest?
If you read here often enough then you know I have been a big advocate of personal health records, but I just wanted to add a short little commentary here on the huge amount of press the discontinuation of Google Health has received. If this was a product that is being shuttered due to lack of inte…
Society of Physician Entrepreneurs (SoPE) Partners With e-Zassi Which Matches Software With Device Manufacturers and More for Collaboration and Solutions
Back in 2009 I had chance to talk with the CEO and founder of e-Zassi and you can read a bit more at the link below. This is actually a pretty neat system for searching to find software solutions for drugs/devices and vice versa. When I mention drugs it would be devices that administer drugs. e…
Alarm Fatigue and Health IT interoperability Are Top 10 Challenges Today With Medical Engineering And Pushing Some to Technology and Occupational Burn Out
If you are not familiar with alarm fatigue, it’s when too many alarms are going off at one time and clinical workers will tune some of them out, as there are false positives today that occur or the alarm would be minimal compared to other device alarms. This is one of the reasons why I rant about …
New Century Brewing Closing Doors This Month as FDA Banned Moonshot Beer 5% Killer Caffeine? What’s Up with This?
You almost have to read the entire article at the link at the end of the post here to really appreciate the entire story. When you look at the comparison of caffeine in other products and the fact that the beer was 5% versus other brands out there that were double, you kind of wonder what sense thi…
Mesoblast Gets FDA Approval to Begin Advanced Clinical Trials Using Stem Cells to Treat Chronic Lower Back Pain
Just from the title of this one I would think this trial could possibly fill up pretty quickly. I just about can’t think of anyone who would want to pass up trying a stem cell treatment before an extensive surgical procedure on your back. Mesoblast's Heart Stem Cell Treatment to Rebuild Blood Ve…
Insurance Mandate Tested Once More for Legality-Problem With This Part of Healthcare Reform is the Missing Public Option
I just somewhat wonder how many more opinions will be generated. This is a touch option here to generate a good ruling. As I said in the title, public option is missing and in some areas people are left without a non profit plan and are pretty much stuck with having to purchase a plan sold on the …
Doctors in U.S. Turning Away Insured Patients–It All Has To Do With Contracts Negotiated, Renewals and Changes In the Payment and Other Related Algorithms
This was not supposed to be a key element in healthcare reform, but it is now. I have covered a lot of this in the last 2 years here at the Medical Quack. Not too long ago I posted about a hospital in Orange County who no longer took “employer” provided insurance from United. It even confused a P…
Experian to Buy Medical Present Value For $185 Million–More “Algos” On The Way To Market Behavioral Analytical Software Processes? –Subsidiary Watch
I am just posing a question here as this is what seems to be happening all around us today and some is good and some is just flat out marketing and we don’t know until we are presented with a software solution. We can stay tuned and see how the combining of data available affects this acquisition. …
