By Stephanie Murg, Managing Director, G2 Intelligence
The first wave of accountable care organizations (ACOs) is positioned well to achieve the touted goal of "bending the cost curve," according to a study published May 4 in the online edition of the Journal of the American Medical Association. When compared to general Medicare fee-for-service (FFS) beneficiaries, beneficiaries affiliated with Pioneer ACOs "exhibited smaller increases in total Medicare expenditures and…
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By Lori Solomon, Editor, Diagnostic Testing & Emerging Technologies
Fourteen specialized cancer institutes will utilize IBM's Watson computing system to improve personalized oncology care, according to an announcement IBM made as part of the World of Watson symposium (Brooklyn, N.Y.; May 5-6). By applying Watson's advanced cognitive capabilities to genomic analysis, personalized treatment guidance can be recommended in minutes, rather than…
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By Kelly A. Briganti, Editorial Director, G2 Intelligence
Psyche Systems Corporation (Milford, MA), a laboratory information software company, and Luminate Health (San Francisco, CA), a provider of web-based services, have entered into a "strategic alliance" to provide a "first-of-its-kind platform that helps labs comply with new federal HHS legislation regarding patient access to lab results." Luminate contributes its HIPAA-compliant digital platform that connects…
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By Ron Shinkman, Editor, Laboratory Industry Report
Invivoscribe Technologies, a San Diego-based laboratory and equipment supplier, has entered into a companion testing pact with Astellas Pharma, Inc.
The deal will focus primarily on developing a diagnostic test focused on the FLT3 gene, which can be a biomarker for acute myeloid leukemia. Mutations in that particular gene can determine whether a patient will respond well to…
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By Kelly A. Briganti, Editorial Director, G2 Intelligence
Last week, we referenced a 2014 study by Ponemon Institute that estimated the cost of a data breach to be around $200 per record in the United States, with the healthcare industry having one of the highest costs per record of all industries. After we went to press, the Ponemon Institute issued a new study this month indicating healthcare-related criminal attacks on data have increased 125 per cent since 2010 and are "the leading cause of data breach" in healthcare, while most organizations are still not prepared to respond to this latest threat to security of patient health information. "We are seeing a shift in…
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