The latest investment figures from StartUp Health highlight the confidence investors continue to have in digital health. Nearly $4 billion has been invested in Q2 of this year (including 10 deals over $100 million each), putting 2017 on track to break several funding records. A total of $6 billion has been raised so far. Modernizinig Medicine’s $231 million funding round back in May is perhaps the most relevant to physician practices. While investments in EHR companies managed to stay in the top 10, the vertical saw the least market maturity in the first six months of this year compared to the flashier categories of patient/consumer experience, workflow, and analytics.
July 11 (Tuesday) 1:00 ET. “Your Data Migration Questions Answered: Ask the Expert Q&A Panel.” Sponsored by Galen Healthcare Solutions. Presenters: Julia Snapp, manager of professional services, Galen Healthcare Solutions; Tyler Suacci, principal technical consultant, Galen Healthcare Solutions. This webcast will give attendees who are considering or in the process of replacing and/or transitioning EHRs the ability to ask questions of our experts. Our moderators have extensive experience in data migration efforts, having supported over 250+ projects, and migration of 40MM+ patient records and 7K+ providers. They will be available to answer questions surrounding changes in workflows, items to consider when migrating data, knowing what to migrate vs. archive, etc.
Announcements and Implementations
MacPractice announces GA of its MacOS Sierra- and El Capitan-compatible Gen 7 PM system for physicians, chiropractors, and eye care practitioners.
MTBC partners with Winpoint Health with an eye to offering Winpoint’s tech-enabled chronic care case management services to its EHR and PM customers.
Fresenius Medical Care North America – a Waltham, MA-based operator of over 2,000 dialysis clinics – will roll out population health management technology from Forward Health Group later this year.
Tisson Mathew (Cambia Health Solutions) joins managed care organization Alignment Healthcare as its first CTO.
Research and Innovation
The results of a somewhat dated survey of 744 office- and hospital-based physicians in Rhode Island shows – surprise, surprise – no love for EHRs. Both types of providers had the same top issues with the technology – either they denigrated the quality of their interactions with patients, or negatively impacted the amount of time they were able to spend in the exam room. Though the survey was conducted in 2014, I can’t imagine the evolution of EHRs has lessened their concerns (technology-induced physician burnout seems to be on the rise, after all) – though some may have caved and hired scribes to aid with documentation workflow.
Healthcare employee recognition management software vendor Wambi launches Carepostcard, a digital communications platform that lets patients send notes of thanks to their caregivers. Prospective patients looking for especially compassionate care can also use the tool to review providers.
Remember when?: Pokemon Go celebrates its first anniversary. And while it hasn’t quite sustained the absurd amount of downloads it saw last summer, it’s still played on a monthly basis by 65 million people. For perspective, Uber has 40 million users a month, Pandora 77 million, and Spotify 140 million. Though it didn’t have a huge impact in the world of healthcare, it’s less of a flash in the pan than I thought it would be.