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Industry News Update 9/20/19

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

 

The President announced that his administration will be taking steps to combat e-cigarette use among young people.

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 entities that have officially been excluded from any of those programs, had payments suspended under a federal health care program, had their billing privileges denied or revoked or have uncollected debt.

Commercial inpatient healthcare spending has increased in Massachusetts despite declining volumes, reinforcing other analyses that determined price increases are driving spending growth, a new report from the Massachusetts Health Policy Commission found.

A federal judge overturned the CMS rule that cut Medicare payments for some hospital clinic visits, siding with hospitals who sued to prevent the changes.

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Financial

and

Investment News

 

Oncology-focused patient relationship management vendor Navigating Cancer raises $26 million in a Series D round of financing.

Nurse-staffing platform Incredible Health raises $15 million in a Series A round led by Andreessen Horowitz with participation from, among others, NFX, Obvious Ventures and Precursor Ventures.

AI-powered clinical documentation company Robin Healthcare raises $11.5 million in Series A funding led by Norwest Venture Partners.

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New Products

and

Services

 

 

Oracle this week expanded its portfolio with three new services designed to help automatically protect cloud workloads and data.

Lab testing giant Quest Diagnostics has teamed up with healthcare data analysis company hc1 to launch a new lab utilization service.

GE Healthcare receives FDA clearance for its Critical Care Suite, an AI-powered X-ray device that can reduce the time between diagnosis and treatment for a collapsed lung to as few as 15 minutes.

IBM unveiled the IBM z15 on Thursday, a mainframe that provides enterprises new capabilities for protecting sensitive customer data across hybrid multi-cloud environments.

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Privacy

and

Security

 

Insurers may be encouraging ransomware attacks because these companies continue to pay attackers, according to a ProPublica investigation and cited by the HIPAA Journal.

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.

The attack traffic recorded by F-Secure's global network of honeypots tripled from the last six months of 2018 to the first six months of 2019.

The interconnected nature of hospital operations and information technology presents a significant and growing cyberattack risk for hospitals, particularly smaller organizations that lack enough resources to absorb any financial impact, according to a September 12thMoody's Investors Service report.

Researchers have discovered many vulnerabilities in over a dozen small office/home office (SOHO) routers and network-attached storage (NAS) devices.

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Other

Industry

News

 

 

A report from the American Hospital Association and consulting firm EY says that participatory health, or “healthcare with no address,” is coming.

Despite the ever-increasing hype surrounding digital health interventions, the majority of these tech tools go unused by the general public, according to a new survey from the Kaiser Family Foundation.

Google develops a deep learning system to help primary care physicians improve diagnostic accuracy of skin conditions.

Surescripts ends its relationship with ReMy Health over a patient data dispute, which supplied Amazon-owned PillPack with patient prescription data collected by Surescripts.

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