Cedars-Sinai Launches Funding Program for Tech Startups, Article by Beth Kutscher, Modern Healthcare: Partners Transforming Health (PTH) applauds Cedars-Sinai academic medical center for its tradition of supporting innovation, transformation and entrepreneurship in healthcare. Last year, Cedars-Sinai partnered with MemorialCare Health System to launch Summation Health Ventures – a firm dedicated to growing information technology and technology-enabled device companies.
Most recently, Cedars-Sinai partnered with tech accelerator, Techstars, to support young companies by providing funding and access to renowned clinicians and laboratories. PTH congratulates Cedars-Sinai for this demonstrated commitment to developing innovative solutions that increase access to high quality, low cost, patient-centered care.
Dr. Ari Levy of Engaged Health Solutions to be a Keynote Panelist at Illinois’ Healthiest Employers Breakfast and Awards Program: Health and wellness at work is one of the biggest conversations, especially with the Affordable Care Act in effect. These awards seek to recognize businesses large and small that are dedicated to workplace wellness. The program is designed to raise awareness about what Illinois companies are doing to improve the health of their employees so that others may follow their lead. Panel discussion would be moderated by Rod Reasen, CEO, Healthiest Employers LLC.
BrightWhistle wins Facebook PMD Innovation Competition: BrightWhistle announced that it has been named a winner of the 2014 Facebook Preferred Marketing Developer (PMD) innovation competition for the company’s latest enhancement to its healthcare marketing solution. BrightWhistle was selected by a cross-functional group of Facebook jury members as the most innovative product in the “In-Store Sales” segment of this year’s competition.
ActualMeds to Present on the Main Stage at Health Datapalooza: Health Datapalooza is all about celebrating open health data, but we wouldn’t know what to do with this massive amount of information if it weren’t for the amazing innovators and developers who’ve worked to make sense of it for us. Five organizations will showcase the promise and potential of health data by demonstrating their apps on the main stage.
ActualMeds Receives $400,000 Investment from Connecticut Innovations and Vineyard Point Associates: ActualMeds announced it received a $200,000 investment from Connecticut Innovations, the leading source of financing and ongoing support for Connecticut’s innovative, growing companies, and $200,000 from Vineyard Point Associates, a boutique investment firm specializing in healthcare, technology, consumer products and entertainment. The investment will support technology, development, certification and patent costs for the company.
ActualMeds Receives Top Award at HIMSS14 Venture+ Forum: ActualMeds announced it was selected as the winner of the 2014 Venture+ Forum pitch contest for startups at the HIMSS Annual Conference. At this year’s Venture+ Forum, ActualMeds was one of 20 pre-selected companies that were given the opportunity to pitch their products, services and solutions to a panel of leading experts in healthcare investment, business and technology.
Virgin Pulse launches its own low-cost tracker: Virgin Pulse, the corporate wellness and engagement company formerly known as Virgin HealthMiles, launched its own proprietary activity tracker called the Virgin Pulse Max at CES in Las Vegas. Virgin’s device will only be available to employees using Virgin Pulse plans and their friends and family, but it will have a lower price point than most direct-to-consumer devices.
Virgin Pulse closes the engagement gap with programs that employees love and use daily: Virgin Pulse builds loyalty and engagement through employee-centered programs and tools that start with healthy behavior changes and expand to total quality of life. Virgin Pulse closes the engagement gap with programs that employees love and use daily. We know what works: Virgin Pulse has a 96 percent member satisfaction rating and a monthly engagement rate that rivals Facebook.
Virgin HealthMiles becomes Virgin Pulse, looks beyond health: Virgin HealthMiles, the Virgin Group company that was one of the early entrants into the digital employee health and wellness, is rebranding as Virgin Pulse, a change that CEO Chris Boyce says will reflect the company’s focus on not just health, but employee engagement.
Oncology Analytics ranks 19th in the healthcare category on the 2013 Inc. 500 list of fastest growing privately held companies in America, with three-year sales growth exceeding 1,500%: Oncology Analytics attributes its rapid growth to its unique ability to address complex clinical issues in real-time with treating physicians. This is accomplished by use of OA’s proprietary MetisTM system, supported by a peer to peer review process conducted by board certified specialists in hematology/oncology. These in-house physicians are backed by an extensive board of clinical advisors, Distinguished Academic Advisors, and board certified oncology PharmD’s.
Same generic drug, many prices: Secret shoppers called more than 200 pharmacies throughout the U.S. to get prices on a month’s supply of five blockbuster drugs that have recently become available as generics. The result? A whopping difference of $749, or 447 percent, between the highest- and lowest-priced stores. Costco was the least expensive overall, and you don’t need to be a member to use its pharmacy.
Costco Launches Pharmacy Benefit Management Program: Costco Wholesale Corp. has quietly started a pharmacy-benefit program for small and midsize businesses, launching the retailer into the market for handling drug plans currently led by Express Scripts Holding Co. and CVS Caremark Corp. Costco Health Solutions, the pharmacy-benefit manager, or PBM, will fill prescriptions for business customers, much like programs at traditional pharmacies, and the large wholesaler expects its new program to increase foot traffic in stores.