Early Glance: Health Care Equipment companies - Yahoo News
Eight-year-old Sophia Burghezi, of Philadelphia, loves jolly ranchers. But one night when she popped the candy into her mouth she accidentally swallowed it whole. She was able to breathe, but I was the one panicking, not her, said Gina Burghezi, Sophias mom. Instead of heading to a doctors office to make sure everything was okay, Gina whipped out her smart phone and used the Doctor On Demand app. Telemedicine is the next wave of medical care. And there are a variety of apps available, from Doctor On Demand to American Well and MDLIVE, allowing patients to video chat with a doctor immediately over their phone. The service reassured me its fine, said Gina. Patients who use the Doctor on Demand app pay $40 per visit and are routed to a physician licensed and insured in their state. Dr. Ian Tong joined the apps network of doctors after seeing barriers to care at his previous job. He believes hes able to give accurate medical advice over a video chat. You can actually get a long way, move yourself a long way to getting 95 percent certainty of what you think that problem is, said Dr. <br> http://philadelphia.cbslocal.com/2014/07/14/health-new-trend-has-people-instantly-seeing-a-doctor-in-the-privacy-of-their-own-home/
Health-care IT investment boom: Who's the next winner?
Allergan CEO comes out swinging CNBC's Meg Tirrell reports Allergan CEO David Pyott told "Mad Money" host Jim Cramer Valeant's he is keeping his options open on acquisitions. One way Obamacare has tried to move toward a fee-for-outcome model visit our website is by encouraging the creation of Accountable Care Organizations. In ACO's groups of medical providers agree to work together to care for Medicare patients, and in turn share in any cost savings they realize for that government health insurance program. HITECH creates 'massive opportunity' Another big law that has juiced the IT space, he said, was the 2009 adoption of the so-called HITECH Act. The Health Information Technology for Economic and Clinical Health Act is investing more than $20 billion in health information technology infrastructure and incentives in Medicare and Medicaid to encourage medical providers to adopt electronic health records for patients. The act originally was projected to save the federal government $10 billion from improved efficiencies and also to lead to more savings in the health sector. Read More The $33M question: Can cancer costs be trimmed? Kraus said the act was key to getting IT platforms in place in health providers that then can generate data, which in turn can be analyzed in ways that lead to concrete savings and added efficiency. "You have to turn data into insight, and insight into action," he said. "The regulatory frameworks passed in the last five years really set the table stakes for massive change and massive opportunity." Riding the health-care IT wave He also said the bull run he is predicting for health-care IT isn't limited to venture capitalists. <br> http://www.cnbc.com/id/101829949