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Industry News Update 9/13/19

September 2019 | Mike Murphy

Industry News

Learn About the Latest in Healthcare and Healthcare IT by Reading this Week's Industry News Update

Click on the links below to read the full news articles.


 

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Regulatory, Legislative,

and

Legal News

 

A new rule that goes into effect November 4th requires providers and suppliers that participate in Medicare, Medicaid and CHIP to disclose certain affiliations with third-party entities.

Calls are mounting for the CMS to address the problem of patient overlap across payment models.

The owner of telemedicine company Video Doctor Network pleaded guilty last week for his role in what the Justice Department is calling one of the largest healthcare fraud schemes prosecuted to date.

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Financial

and

Investment News

 

RocketBody, an app for the Apple Watch that uses ECG data and machine learning to guide workouts, has raised $1 million in new funding from Gagarin Capital and AltaIR Capital.

Aural Analytics, a startup using speech analytics algorithms to gauge changes in brain health, has raised $4.3 million in seed funding in a round was co-led by Morningside Ventures and Tamarisc Ventures.

Hospitals recorded profit improvements in July after posting significant year-over-year decreases in June, according to a report from financial advisory firm Kaufman Hall.

Personal training app Fitplan announced a new $4.5 million funding round headlined by Corazon Capital, Major League Baseball veteran Alex Rodriguez’s A-Rod Corp and 24 Hour Fitness founder Mark Mastrov.

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New Products

and

Services

 

 

The American Medical Association has released an app, titled “HealthBytes,” that tries to make a game of dealing with the issue of physician burnout.

Apixio announces Quality Identifier, which uses AI to extract quality data elements from patient notes, scanned charts, and other documents that are then presented to abstractors for review.

The Commons Project, UCSF Health, Open MHealth, and other groups will develop CommonHealth, an Android alternative of IOS-only Apple Health Records.

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Privacy

and

Security

 

Researchers discovered another side-channel attack method that can be exploited to steal potentially sensitive data from devices powered by Intel processors, dubbed NetCAT (Network Cache Attack).

Check Point Research has discovered a vulnerability in Android phones from Huawei, LG, Samsung and Sony that lets attackers use custom SMS to intercept all email traffic on target devices.

Scammers are using AI-powered voice impersonation software to call company insiders and convince them to transfer money to foreign accounts or to divulge sensitive internal information.

Trustwave security researchers have discovered five new credential leaking vulnerabilities, two in a D-Link DSL modem and three in multiple Comba Telecom WiFi devices.

European advocacy group Privacy International discovers that Web-based mental health services in the UK, France, and Germany have been selling user data to third parties for ad targeting without permission.

Smartphone with finance and market icons and symbols concept

 

Other

Industry

News

 

 

Researchers say they’ve successfully “supercooled” human livers to subzero temperatures and then warmed them back up.

Apple will partner with several high-profile healthcare institutions to conduct studies related to hearing, women’s health, and heart health using its new Research app.

The Chicago-based biotech company BIOLIFE4D announced Monday that it has successfully 3D-bioprinted a mini human heart.

The pace of EHR-related medical malpractice claims has tripled from 2010 to 2018, according to a recent analysis from The Doctors Company, a physician-owned medical malpractice insurance company.

A ProPublica report finds that private health insurance companies, unlike Medicare and Medicaid, don’t pursue widespread and sometimes obvious examples of healthcare fraud because they can simply pass its cost on to consumers in the form of higher premiums.

CDC officials suggest that people stop vaping until officials get a better handle on an epidemic of serious lung disease that has sickened as many as 450 people, with three deaths, in 33 states.

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