One effect of the Affordable Care Act, a.k.a. Obamacare? A spike in venture interest in health care startups. Digital health care companies raised $2.3 billion in the first half of 2014, which surpasses the total raised in all of 2013, according Rock Health, a health care-focused seed fund. That figure is impressive given that 2013 was already a record year at $1.9 billion raised. (That's a 39% increase year over year, even as biotech investment grew just 8% and medical devices investment fell by 17%.)
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One good piece of news in recent years is that people around the world are living longer. The less good news is that older age exposes more of us to varieties of cognitive decline, including Alzheimer’s disease. According to the Alzheimer’s Association, the number of people with this diagnosis is likely to grow from around five million today to some 13.5 million in 2050. What could help stem this tsunami of pending illness? A team from MIT and Lahey Hospital and Medical Center has created a tool that will make it easier to detect cognitive impairment, enabling treatment to begin earlier and, potentially, improve outcomes.
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It was a year of growth in 2016 for Odyssey Logistics & Technology Corp. as it announced net revenue increased by 8 percent.
In other words, 2016 was a typical year for the Danbury-based transportation company. Odyssey officials said the company has now experienced growth for 14 consecutive years. A major acquisition, maintaining a leadership position in key markets and expanding into new areas helped spur last year’s growth, Robert Shellman, president and CEO, said....
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Over the last year, our team at Cota has worked closely with providers and CMS—preparing for the eventual move to value-based payment under MACRA by studying the complexities of the law and building an OCM-specific technology solution on top of our CNA Guided Care™ platform. To address the obvious policy question up front: While the new administration has already planned or implemented sweeping changes across other areas, all indications (including these comments from former CMS head Andy Slavitt) point to Alternative Payment Models (APMs) and value-based payments sticking around for the long haul. In this post, we want to share what we’ve learned so far and officially announce Cota’s new technology solution specifically designed to help providers address the challenges and opportunities during this exciting time in the move value-based healthcare. Jump straight to the Cota OCM product announcement here.
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Danbury, Conn. (Feb. 2, 2017) — Odyssey Logistics & Technology Corporation (Odyssey) announced today that it has posted fourteen consecutive years of growth, with net revenue up eight percent in 2016. The company attributes this year’s results to sustaining its leadership position in complex key markets, implementing operational efficiencies and maximizing benefits from the acquisition of Linden Bulk Transportation.
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Dan Mingle, as you’ll learn below, never thought of himself as an entrepreneur. He was just a doctor who while running his own physician practice in Norway, Maine, for more than a decade recognized a need for a more efficient healthcare system. Instead of being content with the lack of a solution, he saw an opportunity to execute on his ideas and play a part in improving the healthcare system and helping physicians like himself.
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Today's Challenge
Problems will always arise, and establishing a right-first-time (RFT) environment is a one-time investment to deal with this inevitability.
- See more at: https://www.parexel.com/regulatoryportal?utm_source=HBRprintedURL&utm_medium=print&utm_campaign=regulatoryhub#sthash.pG36KtGB.dpuf
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Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and Illumina, Inc.(NASDAQ:ILMN), the global leader in DNA sequencing and array-based technologies, today announced a strategic collaboration, that aims to integrate Illumina’s sequencing systems for large-scale analysis of genetic variation and function and Philips’ IntelliSpace Genomics clinical informatics platform, and to coordinate marketing and sales of the resulting solutions. Philips and Illumina will also seek to engage in clinical research collaborations with health systems in the US who want to develop precision medicine programs in oncology.
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Boston Millennia Partners Invests in Cota, Inc.
Boston, MA, December 2016, Boston Millennia Partners is pleased to announce its investment in Cota, Inc. as part of an $18 million growth equity round. Cota is a New York City based cancer outcomes and data tracking company that uses a patented digital classification system to assess patient results on specific treatment protocols. Cota’s customers include pharmaceutical companies, healthcare providers and insurance companies. The company has partnerships with several major pharmaceutical companies in the U.S. including Novartis and Celgene, and with data provider Foundation Medicine. The company has received strategic investments from Novartis, Celgene, Foundation Medicine and Horizon Healthcare.
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