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Study: Medication misuse is driving $200 billion in healthcare costs. What’s being done?

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Study: Medication misuse is driving $200 billion in healthcare costs. What’s being done?

June 19, 2013 9:11 am by | 0 Comments

Most of us are aware of that medication adherence is a costly problem but a new report puts it in alarming context and sheds some light on other factors under the [broad] category of medication misuse that are driving up healthcare costs to the tune of $200 billion.The complications stemming ... Read more
Novo Nordisk’s diabetes drug patent ruled invalid, door open for generic version

Novo Nordisk’s diabetes drug patent ruled invalid, door open for generic version

June 19, 2013 10:25 am by | 0 Comments

(Reuters) - A U.S. appeals court found the patent on Novo Nordisk's Prandin diabetes drug in combination with metformin to be invalid, paving the way for introduction of a generic ... Read more
Analysts: Another year of slowdown in the growth of healthcare cost signifies a trend

Analysts: Another year of slowdown in the growth of healthcare cost signifies a trend

June 19, 2013 9:54 am by | 0 Comments

The cost of healthcare is still growing, but it’s growing at a rate that Pricewaterhouse Coopers analysts say has slowed and will likely continue to do so.Healthcare organizations still seem ... Read more
Pay-for-delay deals cost nine drugmakers 146M euros in EU fines

Pay-for-delay deals cost nine drugmakers 146M euros in EU fines

June 19, 2013 5:30 am by | 0 Comments

BRUSSELS (Reuters) - EU antitrust regulators fined nine drugmakers a total of 146 million euros ($195.5 million) on Wednesday for blocking the supply of cheaper medicines on the market, with ... Read more
No heart benefit for AstraZeneca, Bristol diabetes drug in SAVOR trial

No heart benefit for AstraZeneca, Bristol diabetes drug in SAVOR trial

June 19, 2013 2:15 am by | 0 Comments

LONDON (Reuters) - AstraZeneca and Bristol-Myers Squibb's diabetes drug Onglyza failed to reduce heart risks in a large clinical study.The companies, which jointly sell several diabetes drugs, said on Wednesday ... Read more
Long-term investors: More reward than risk on horizon for hospital stocks

Long-term investors: More reward than risk on horizon for hospital stocks

June 19, 2013 1:05 am by | 0 Comments

CHICAGO (Reuters) - Shares of U.S. hospital operators have been on a tear this year, on average posting triple the gains of the broader stock market, as investors tallied up ... Read more

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Best Medication Related Apps

Best Medication Related Apps

Mobile technology has evolved to a degree where using the likes of a smartphone and/or a tablet computer is pretty ... Read more

Doctors slow to embrace innovation? Maybe it’s because they own all the risk

Doctors slow to embrace innovation? Maybe it’s because they own all the risk

I recently posted about my upcoming  Healthcare Unbound presentation on why healthcare disruption is happening too slowly and requested some thoughts ... Read more

Single or Multi Specialty Specific EMR?

Single or Multi Specialty Specific EMR?

With the rise of technology usage in the Healthcare Industry, one of the biggest challenges that care providers face is ... Read more

Smartphone thermometer, concussion detector among finalists in NYC medtech innovation contest

Smartphone thermometer, concussion detector among finalists in NYC medtech innovation contest

June 18, 2013 8:32 pm by | 0 Comments

A medication adherence app for families, a social network for recovering alcoholics and a mobile health diagnostic that claims to diagnose concussions based on eye movements. In addition to contributing ... Read more
Investor-backed thinktank calls for changes to drug funding and approval

Investor-backed thinktank calls for changes to drug funding and approval

June 18, 2013 7:02 pm by | 0 Comments

LONDON (Reuters) - Pharmaceutical companies need to boost the benefits of drug research by working with regulators and healthcare providers to overhaul the way medicines are approved and paid for, ... Read more
40,000 health-related apps and no easy way to know which ones work

40,000 health-related apps and no easy way to know which ones work

June 18, 2013 5:27 pm by | 0 Comments

Christine Porter is hooked on the My Fitness Pal app. In October, after deciding to lose 50 pounds, Porter started typing in everything she eats, drinks and any exercise she ... Read more
Health IT firm providing disease-management software to long-term care facilities raises $21M

Health IT firm providing disease-management software to long-term care facilities raises $21M

June 18, 2013 4:54 pm by | 0 Comments

A health IT company that makes care management software for skilled nursing facilities will expand its sales and advance new projects thanks to a new $21 million investment.Cleveland-based Clinical Outcomes ... Read more
Power to the patients: Doc appointment and review website Vitals raises $22M

Power to the patients: Doc appointment and review website Vitals raises $22M

June 18, 2013 3:54 pm by | 0 Comments

Whether you call it the influence of the hospitality industry or the consumerization of health care (or both!), health IT companies with tools providing more price transparency for healthcare decisions ... Read more
GE’s big data software targets healthcare, other industries

GE’s big data software targets healthcare, other industries

June 18, 2013 3:42 pm by | 0 Comments

Offering a ’big data’ solution is apparently irresistible to every company on the planet. Mega-corporation General Electric has just announced a new big data and analytics platform it calls ’Predictivity’ ... Read more
Healthcare leaders to Senate finance committee: “Transparency can only go so far”

Healthcare leaders to Senate finance committee: “Transparency can only go so far”

June 18, 2013 2:55 pm by | 0 Comments

“CMS is sitting on so much data; it’s a goldmine,” said Giovanni Colella, CEO and co-founder of Castlight Health, before the U.S. Senate Committee on Finance on Tuesday. “Making that ... Read more
After two deaths, FDA investigates Lilly schizophrenia drug

After two deaths, FDA investigates Lilly schizophrenia drug

June 18, 2013 10:29 am by | 1 Comments

(Reuters) - The U.S. Food and Drug Administration on Tuesday said it was investigating the deaths of two patients who died following injections with Eli Lilly and Co's long-acting treatment ... Read more
Engineers design a device to stabilize tremor in daily tasks for people with Parkinson’s

Engineers design a device to stabilize tremor in daily tasks for people with Parkinson’s

June 18, 2013 10:01 am by | 0 Comments

Lift Technology from Lift Labs on Vimeo.Everyone knows the frustration of trying to thread a needle, or to hold a cellphone steady while shooting a video. Now imagine experiencing that ... Read more
Startup Lift’s online platform helps you make and meet your life goals

Startup Lift’s online platform helps you make and meet your life goals

June 18, 2013 10:00 am by | 0 Comments

We all know the importance of eating well, exercising regularly, and getting enough sleep, but good habits can be hard to maintain. Today buzzed-about startup Lift opened up its platform ... Read more