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Morning Read: Misfit Wearables, uninformed radiologists, hope for biotech IPOs

April 30, 2012 7:42 am by | 0 Comments

Misfit Wearables just raised $7.6 million, is moving to Boston to build a hardware team, and is working with a software team in Vietnam. The company leaders have worked for Apple and built the first medical device add-on that Apple approved for the iPhone – a glucose meter.The company is working on wearable devices that “shouldn’t compete with fashion and has to have functions outside of sensing.”

Researchers have found that radiologists rank themselves as less knowledgeable than other physicians about several key issues, including malpractice, imaging costs and patient safety. The study compared 711 radiologists to 2,685 non-radiology physicians.

There may be more biotech IPOs this year than last if a few hopeful trends continueBiotech sector funds have attracted an additional $2 billion this year and there have been quite a few acquisitions.

One-size-fits-all contracts and shared risk may make working for a hospital no safer than private practice. A lawyer who focuses on health care law outlines two traps doctors should watch for when negotiating a job with a hospital.

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Health groups have to consider everything from antitrust issues to quality measures to adequate transition timelines to become a successful ACO. Becker’s Hospital Review explains the eight biggest mistakes hospitals can make when moving to an ACO model.

[Image from flickr user Dark Botxy]

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Veronica Combs

By Veronica Combs

I am the editor in chief at MedCityNews.com. I started writing and editing in the print world and joined a dotcom right before the 2000 crash. I was at TechRepublic/CNET/BNET for 7 years. Health was more interesting to me than the latest version of Windows, so I left for a startup tracking prescription drug news. A year later, MedTrackAlert was acquired by HealthCentral, so I shifted to audience research. The fun of daily news and interviewing smart people brought me to MedCity News in February 2012.
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