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Archive for June, 2009
Headline Commentary June 22-28
- Posted June 28th 2009
- Comments (0)
- by Janice
Headlines Tagged on Delicious
- » Organizations Stump for Patients’ Access to Electronic Health Data - iHealthBeat
“The future of health care should encourage expanded use of information tools to help consumers better manage their health” is the first line of the press release announcing the coalition. I really like the emphasis on information not just the technology in this statement. Bravo Markle Foundation!
- » Hang Out with Xconomy at DEMO’s Boston Scouting Party | Xconomy
Organizers of DEMO, the big event in San Diego where start-ups get 6 minutes to describe their business, will be in Boston on Monday, June 29 to scout for “stealth mode” innovators for the Sept. 21-23 DEMO.
- » Better Health » Information Overload: The New Electronic Administrative Burden
Great anecdotes of one physician’s experience using EHR system that is clearly poorly designed in designing information flows. There’s a big difference between having ready access to information and having every piece of data pushed out to the user. Health IT really does seem to be at least a decade behind BI systems in Financial Services and other industries. At least, the big EHR vendors, that is.
- » Drug Firms’ Medical Staffs Say What Salespeople Can’t - WSJ.com
Pharma companies are increasingly using medical science liaisons (MSL) on staff to provide info to doctors, esp. because of increased limitations on detailng practices. Evidence shows that docs prefer receiving info from trained physicians (no suprise there).
- » Why Isn’t Health Care More Like a Washing Machine? - The Cheapskate Blog – TIME.com
Another article that uses the analogy of consumer purchases of appliances or cars to healthcare purchases. A much better analogy is buying “car repair” services. Decisionmaking for healthcare & car repair is far less straightforward than new vehicle/appliance purchase. Plus lifetime costs (of appliance, car, or person) depend in part on proper maintenance and there are many other variables that affect outcomes!
- » Qforma Appoints Four Executives in Sales and Field Operations
Qforma, a healthcare data analytics company, expands bus. dev. and sales staff. Qforma recently created the Most Influential Doctors application, which mines data from multiple sources — including research articles — to rate the influence of doctors. Deal with USA Today was widely promoted.
- » Allscripts-Misys shares jump on raised outlook - Forbes.com
Increased incentives for eprescribing help Allscripts-Misys, but improved economy helped, too. Note, more customers buy on subscription basis, compared to perpetual license than in the past.
- » Patient-centered healthcare - The Boston Globe
Thomas Ryan, CEO of CVS Caremark, lays out his thoughts on healthcare reform. With an obvious bias toward benefits of eprescribing, which he says can improve patient compliance, adverse effects, and cost improvement. See also today’s item about Allscripts-Misys improved results due to eprescribing.
- » Reed Elsevier slides on sell-off talk | Business | guardian.co.uk
Citigroup cautions on 2010 estimates for Reed Elsevier, in part due to uncertainty about new CEO and what he’ll do with proceeds of RBI sale.
- » Measuring What Matters: Electronically, Automatically, (Somewhat) Painlessly - RWJF
Look forward to reading this report from RWJF on EMRs, Health IT and Quality Improvement.
- » ARRA EHRs Health Reform and Meaningful Use Debate 6/25/2009 - @2healthguru on Blog Talk Radio
Podcast of recent discussion among several health IT experts on meaningful use of EHRs–and more.
- » Nextgov - Administration urged to engage public on e-health records
Input from advocates of consumer involvement in determining “meaningful use” of EHRs. Some suggest consumer advocate groups act as proxy for public.
- » Hedge fund managers betting Twitter will give them an edge in rapid trading - Telegraph
Hedge fund managers to mine Twitter feeds to assess “event-based” info published on Twitter.
- » Home Health CEO: Expand ‘Meaningful Use’
Perspective from CEO of Comfort Care & Resources, a home health agency in Erie, PA on meaningful use. To him, MU requires connections between all stakeholders in the care ecosystem.
- » GE, Big Vendors Corner EMR Market; Smaller Vendors Explore Health 2.0 - Kaiser Health News
Couple of stories in Kaiser Health News: re- reports Pharmawire/FT story on how big EHR vendors crowd out smaller vendors, esp. GE with its new financing arm for its EHRs. Also reports that Atlas Ventures is looking for investments that will “improve health care by empowering patients”. Atlas invested in Keas, Adam Bosworth’s startup (he was at Google previously).
- » Pharma ad spend falls; TV takes bigger share - FiercePharma
Ad Age releases its top 100 advertisers, with 14 Big Pharma companies on the list.
- » Medidata IPO Prices, No. 3 For Venture-Backed Companies - Venture Capital Dispatch - WSJ
Medidata, a s/w provider to pharma and device companies that helps manage clinical trials, prices IPO at $14, for market cap of $313. Only the 3rd IPO of the year and the smallest of the 3.
- » New Drug Kills Cancer with Few Side Effects
Early stage clinical trial results published 6/24/09 in NEJM report new drug, olaparib, shrinks or stablizes tumors in patients with certain treatment-resistant hereditary cancers.
- » Healthy Advice Networks Announces Improved Patient Outcomes in Physicians’ Offices with Healthy Advice Programs
Reports improved outcomes from using patient education info from Healthy Advice Networks. Company PR, but wanted to tag this company.
- » Medifacts Acquires Spacelabs Healthcare Clinical Trials Services Division - Drugs.com MedNews
Medifacts, a cardiovascular core lab, aquires Clinical Trials Services of Spacelabs Healthcare.
- » Study says flawed Ingenix databases are used widely - Modern Healthcare
Ingenix’s database for determining out-of-network costs, which has been exposed by NY Atty General Cuomo has having serious flaws, is still used and even required to be used widely. Individual and small business plans suffer the most.
- » Health publisher MediZine expands database marketing opps with acquisition - DMNews
MediZine acquires HealthCommunities.com, a collection of physician Web sites and patient/consumer health information.
- » Leading Healthcare IT Vendors Form Coalition to Promote e-Ordering in Radiology
An new alliance of industry & American College of Radiology formed to promote HIT-enabled decision support for diagnostic imaging decisions. Similar to ePrescribing, the Imaging e-Ordering Coalition supports building incentives to move to diagnostic imaging e-ordering.
- » Imc2 opens health and wellness agency :: BtoB Magazine
Imc2, a Dallas ad agency that already had strong pharma market presence, announced opening of imc2 health & wellness.
- » Consumers, Scientists Tell FDA To Explain Agency Decisions
FDA holds meeting to get input from scientists and consumers on how to improve transparency of their decisions. CU wants more disclosure about mtgs with industry reps. Union of Concerned Scientists said they should allow FDA scientists to air opinions that differ from final agency decision. FDA disagreed with UCS view.
- » Economist Group reports record profit :: BtoB Magazine
Nice to see a publisher with positive growth & earnings. Economist publications differ from general newsweeklies with their deeper analysis of global events and economics.
- » Ezra Klein - An Interview With Atul Gawande
WaPo interview Atul Gawande, whose star has risen since the McAllen Texas article in the New Yorker. Gawande raises an important point about inequality of incomes’ relating to poor health for the segments at the low end of the scale, not just poverty. Robert Fogel from U. Chicago has written on this topic and it needs more attention. My hypothesis: high income segments increase demand for expensive healthcare treatment. As a result, all patients are pushed toward high-cost care (to amortize investment in equip, etc.) that they can’t afford.
- » In Defense of Google Books | Green Business | Reuters
Some good points on the benefits of Google Books. My word of caution to publishers: be informed of the terms and plan accordingly. One pt that needs clarification: authors & publishers may get 63% of the revenue, but it is “net revenue” after costs, so is more likely to be closer to 30% of gross revenue or less.
- » Jen’s Posterous - Why I Didn’t Sign the Declaration of Health Data Rights - Yet…
Jen McCabe Gorman’s very thoughtful post on the recent HealthDataRights.org manifesto and why it needs to be more direct, actionable, and more inclusive. Inclusiveness, that is building on other existing efforts and drawing on the support of groups with the same or adjacent interests, is a recurring problem in many of the well-meaning consumer-focused health sites. Jen has some excellent points in her post.
- » My 140conf Talk: Twitter as Publishing - O’Reilly Radar
Tim O’Reilly on how he uses Twitter as a publishing and community-building platform.
- » Scientific American Becomes Consumer Div. of Nature Publishing Group
Both owned by MacMillan, new organization will consolidate advertising. Could be smart move; NPG has been more innovative in testing and adopting technology than most other STM publishers.
- » Health Populi: Getting people to use health-y tools
Good post on how to present info to consumers to “nudge” them toward healthy behavior. Links to several studies on the topic.
- » Kibbe: Successful EMRs will be like the iPhone platform | mobihealthnews
Another voice that says UI matters when it comes to IT adoption. Sounds obvious, but good UI requires an understanding of customers’ workflow. iPhone has both great UI and form factor that is available at point-of-need.
- » Meaningful Use Sent Back by ONC Head David Blumenthal | EMR and EHR
Blumenthal, National Coordinator hor Health IT, sends initial recommendations on definition of “meaningful use” back to the committee to work on new set of recommendations.
- » Is Qforma/USA Today Web Site on ‘Most Influential Doctors’ Just Another Beauty Contest?
Good analysis of differing sites and methodologies for rating doctors. In particular, compares Qforma approach of using patient ratings vs. Bridges to Excellence approach of analyzing clinical care records. With >40 different sites that offer ratings of doctors, we’ll soon need a site to rate the raters! Seriously, the methodologies are too opaque in most cases, which detracts from the central purpose of ratings agents — to guide decisionmaking.
- » Telemedicine Helps Monitor Parkinson’s Symptoms in Patients - Medgadget - www.medgadget.com
Interesting case study from nursing home in Rochester, NY where patients with Parkinsons were able to get periodic evaluations via video conferencing with physician & nurse present on-site.
- » Curing Healthcare: Meaningful Healthcare Reform: Challenges and Solutions
Steve Beller responds to paper on whether health reform will yield real savings. One issue is whether wellness programs, increasingly popular among employers, will pay off in the short and long-run. I’m seeing evidence that weight management and exercise can yield very quick results, but agree that long term healthy citizens will live longer and still require care at end-of-life. Assuming MDs will be the only ones providing care — at the same salary levels as today — probably overstates costs. Technology will allow more care to be handled by less-expense care providers (see this week’s feature blog).
- » What is the cause of excess costs in US healthcare? : denialism blog
Looks like good article with review of McKinsey study on healthcare costs in US v. ROW. Haven’t read in detail yet.
- » CelebrityDiagnosis.com Presents Famous Patients As Medical Lessons
Not sure what I think of this! Founders have credible backgrounds, but it seems odd to me. But, then again, I don’t read People or watch E!
- » The Economy and the Economics of Everyday Life - Economix Blog - NYTimes.com
Several economists chime in on priorities for healthcare reform.
- » 30 Twitter Tools For Managing Followers | Tools | PelFusion.com
Wow, tools for managing Twitter are really proliferating.
- » Technology Review: A Pound of Cure
Writer Andy Kessler points finger at doctors and hospitals for not wanting to adopt EHRs because they will expose current wasteful and inefficient practices that benefit providers. I think issue is more complex, but I agree with conclusions of the author.
- » News: Change or Die? - Inside Higher Ed
From Assoc. Amer. Univ. Presses (AAUP) conference last week, good debate about future of university presses. Many common themes with this week’s Health Content article on declining value of basic articles and books. Publishing, even university presses, need to consider where they can most add value and change their organizations & revenue model to align with core value in today’s market.
- » News: Elsevier Won’t Pay for Praise - Inside Higher Ed
Elsevier gets into more hot water; this time over $25 gift certificates offered for reviews of textbooks on Amazon. Wouldn’t be a big deal, if the offer hadn’t come with a suggestion that reviews give books a 5***** rating.
- » 10 tips for physicians interested in a health IT career
Since I wrote that doctors are being commoditized along with health care publishers, I feel compelled to provide a link to this post that provides tips on how to keep up with health IT or even shift careers.
- » Secretary Sebelius Releases New Report: Hidden Costs of Health Care
Report from HHS addresses increasing out-of-pocket & premium costs for those who are insured.
- » Obama’s Political Operation To Launch Big Database Of Health Care Stories | The Plum Line
Very interesting. This base of collected stories could be the foundation for a much larger collection. Also, mining anecdotal stories to find patterns should be the goal of some publishers.
- » TriZetto to Offer Clients Free PHRs
TriZetto, a health IT vendor that provides payer s/w will launch free PHR s/w for insurers to offer to their clients.
- » Why A New (And Unusual) Pricing Strategy By A Rhode Island Paper Will Fail | paidContent
Forestalling the inevitable? Newport, RI paper, Newport Daily News, charges premium for web-only access: more than print = web! Although it may have been conceived as encouraging print subscribers to retain subscriptions (i.e., by charging penalty for cancelling print), price for online access is prohibitive. Somewhat akin to B. Globe’s policy of providing Kindle discount only outside of print delivery regions. How about giving customers what they want?
- » Health Content Publishers Voice Your Opinions on Meaningful Use
We at Health Content Advisors have been trying to be a proxy for the voice of experienced medical publishers and other health content/data providers in the discussions about Health IT and the Billions of dollars being spent on EHRs and other IT as part of the Stimulus Bill. I’ve seen little or no evidence that the big STM publishers are speaking up to say that IT without consideration of the content that flows through the iT systems is “meaningless”. The ONC is requesting comments; only 150 have responded. Act now!
- » Journalism organizations too cozy with drug industry - Schwitzer health news blog
Gary Schwitzer raises important concerns about health journalists’ potential conflicts of interests when they accept free events and fellowships funded by Pharma. With more healthinfo available to consumers on Web and other channels, it’s more critical than ever to improve health literacy among our population. If too many journalists become too biased, who will serve as watchdog? Sounds like an oppty to health content publishers to me.
- » Socialtext Goes Freemium With Socialtext Free 50
It’s not only content that loses value due to IT developments; IT loses value over time, too. Constant innovation is necessary to stay in premium territory. Good example here with SocialText, which has lowered its premium prices and offered a free version with limited access.
- » Why Social Media are Essential to Future of Health & Science Communication
Excellent presentation from Mayo Clinic on using social media in marketing communications for hospitals. Much more than a how-to, preso provides superb overview of how media landscape is changing, with marketers (in this case Mayo) having access to inexpensive publishing and distirbution tools. Fits right in with this week’s article on Value of Health Content.
- » Thomson Reuters Proposes to Unify Share Listing in Toronto/NY
With fewer than 5% of shareholder now in UK, Thomson Reuters proposes to unify stock listing to Toronto and NYSE.
- » A Doctor’s View of Obama’s Healthcare Plans - WSJ.com
Abraham Verghese, Professor & Senior Assoc. Chair for Theory & Practice of Medicine at Stanford addresses the need for cost-cutting in health reform plans. He holds firm to the view that physicians are irreplacable, contrary to the article I just posted that suggests that common tasks can be taken over by other trained medical professionals at a lower cost.
- » Atul Gawande on Health Reform
Following up his very popular article in the New Yorker about health care cost differentials, Atul Gawande writes a balanced article on health care reform. Article includes historical context and models for analyzing healthcare reform.
- » “Facebook for pharmacists” to offer news, CE and community - Medical Marketing and Media
JMI Health launching a social networking site for pharmacists.
- » Walgreens, Express Scripts Fight Over ‘Blitzkrieg’ Audits - Health Blog - WSJ
Contract negotiations between Walgreens & Express Scripts get nasty.
- » FitOrbit Launches With Heavy Backers, Connects You To Real Personal Fitness Trainers Online
FitOrbit, on online personal trainer service, backed by some well-known investors and personal trainers (e.g., Body by Jake (Steinfeld)). Concept seems okay, but there are competitors (e.g., CorePerformance among others) and biggest challenge will be to engage users online and convince them to pay.
- » Thomson Reuters Study Finds Baby Boomers and Generation X Face HC Cost Hurdles
Analysis of 3007 HHs in Thomson Reuters PULSE Healthcare survey show that boomers and GenX segments most likely to be postponing health care due to cost.
Health Content is Rapidly Losing Its Value
- Posted June 22nd 2009
- Comment (1)
- by Janice
The dismal state of the news publishing business is well known. The competition in online news has become so intense that users now expect to receive general news for free. It’s not a stretch to say that news stories that report the latest medical research results fall in the same category (and constitute the majority of health stories in general news outlets).
This trend isn’t unique to news or health content. All digital content is becoming commoditized. Why? The answer is complex, driven mainly by technology. Good quality digital publishing systems are available for free (e.g., WordPess, open source CMS systems), thereby eliminating the cost of production and replication, and distribution costs have been driven down to near zero with Web distribution. These factors combine to reduce the barriers to entry, and as a result, the volume of digital content has exploded. Marketers are giving away content to promote their goods and services; citizen journalists are blogging, texting, and Tweeting; and social media tools have made it relatively easy to build an audience for content. Publishers, whose product is content, have to give away some of it to draw in users, but too often seem confused about what content to give away and what content to retain as premium content.
This commoditization phenomenon isn’t contained to publishers. As pointed out by Tom H. Lee, MD in a provocative article, “Commodifying Content Through IT: Could Physicians Be Next” in iHealthBeat last month, physicians are experiencing commoditization, too. Dr. Lee (who headed content development for Epocrates in its early days) posits that once the knowledge of doctors is encoded in computerized clinical decision support systems, the value of the physician who once had controlled access to the same information will decline.
Take for example, the use of nurse practitioners and other non-physician clinicians for many relatively routine tasks previously carried out by doctors. Minute-Clinics and the like are prime examples where order sets are used to diagnose and treat common conditions. (See Harry Bliss cartoon: The doctor’s nurse’s nurse practitioner will see you now). Even self-diagnostic systems for patient use will become more commonplace over time as clinical decision support systems improve and gain acceptance as reliable diagnostic tools.
Okay, so let’s accept that health news content is a commodity. What about more specialized health content, such as fulltext journal articles, drug information, books, and other reference materials? The evidence indicates these categories are approaching commodity status, too. How fast they are de-valued depends on how easy it is to recreate or reproduce the information and other barriers to entry.
In today’s market we’re often willing to pay to find content, but not for the content itself. Rewards for creating content are declining relative to the rewards of creating new technology for processing content.
What should health content publishers — and healthcare professionals — be doing to maintain their value in the face of technology-driven commoditization? In short, they need to “move up the value chain”. Sometimes just aggregating related content and making it accessible at the point of need is sufficient added-value to extract a premium.[1] Other times, investing in creating sophisticated workflow tools or analytic engines that integrate content with IT to guide users to optimal solutions may be necessary to produce sufficient value in today’s market. So when it comes to technology, publishers need to embrace the opportunities to enhance their content and expertise with appropriate technology and make IT their friend before fear of technology defeats them.
——————————————-
[1] Just today, I discovered that TauMed, a health news aggregator has shut down and its founder now works at EveryZing. Clearly, aggregation services that operate in a crowded space face commoditization as well.
Headline Commentary June 18-21
- Posted June 21st 2009
- Comment (1)
- by Janice
AthenaHealth publishes analysis of payment records of insurers based on claims data it processes for clients. Great example of “data content” byproduct of primary line of business. In this case, Athenahealth’s analysis helps clients and prospects understand payment practices of various insurers and more important, published results promote Athenahealth.
AHRQ proposes expanding CAHPS surveys to include patient attitudes about health It. Harvard & Rand will conduct a field test in 2009.
STM sales down 1% (up 9% at cc), profits rose 4% (14% cc).
ContentNext, the parent company of PaidContent.org, which is now owned by the Guardian, confirms recent layoffs and realignment.
Reports that Elsevier has been in discussions with some institutions to discuss having their institutional repositories replaced by PDF files hosted by ELS.
Anas Younes, MD on why he Tweets.
Inkwell Publishing, which hires freelancers to write textbooks for Houghton Mifflin Harcout, has stopped paying the freelance content producers because of non-payment from Houghton. Fits with theme of content commoditization, the subject of this week’s commentary on HCA blog.
Jay Parkinson’s Hello Health healthcare model is highlighted. Hello Health offers a model for providers of health care that utlizes technology to improve efficiency and communication between patients & doctors. For now, Hello Health requires direct payment from patients, although patients can seek reimbursement.
Ah, DRM! I haven’t heard much on that topic for a while. Device-specific DRM offers publishers some comfort, but this post and the comments expose the limitations of device-specific policies when upgrades to tech. devices occur so frequently.
Glaxo’s CEO, Andrew Witty, discusses changes in R&D organization, which has moved from “industrial-scale drug discovery processes” of the past 15 years that relied on “an industrial process based on large-scale applications of technologies like genomics, proteomics and combinatorial chemistry” which didn’t deliver on their promise, to more focused research that is “more of an art than a science”.
Review of some EHR vendors that also offer billing services.
Discussion draft of House’s health reform bill “To provide affordable, quality health care for all Americans and reduce the growth in health care spending, and for other purposes.” 852 page pdf doc.
Video interview with Phil Gould, Managing Director of Jadara Pharma, discussing the need for R&D divisons of Pharma to improve methods to decide which compounds to invest in, given the economic conditions that Pharma faces.
Nice to see that Els has iPhone apps for popular medical info products from Mosby/Saunders, including Mosby’s iTerms Flash Cards, Saunder’s Q&A Review for th NCLEX-RN Exam and many more.
Financially troubled Candover sells Wood Mackenzie to PE firm Charterhouse Capital for EV of GBP 553 Million.
Nice piece by Ellen Goodman on the importance of helping doctors focus on providing healthcare, not reimbursement rates and other business issues.
BI/DMC to be focus on RWJF study that will allow patients to view doctors’ notes online.
Good recap of Google Book Settlement, Book Rights Registry, and orphan works rights proferred to Google under the settlement. Interesting that Google, the company that champions free content, is now being feared for possibly planning to charge “exorbitant” rates once they get near-monopoly rights over orphan works.
Full transcript from HIT Policy Committee meeting that will make recommendations to ONC.Links to presentation and other materials., too.
Great post by Richard Scoville on how some community health centers are relying on registries of patient records & outcomes to improve overall care. Unfortunately, most EHR systems aren’t set up to interoperate with registries, which nixes the whole idea of meaningful use!
Medtronic says it paid almost $800,000 to surgeon Dr. Kuklo over past 3 years for consulting, product development and speaking. Dr. Kuklo is accused of fabricating study that reported positive results for a Medtronic spine product.
RWJF launches consumer health care confidence index in partnership with Survey Research Center at U. Michigan, which conducts the “Surveys of Consumers” monthly survey of 500 households.
Proposed principles from Children’s Hospital (Boston) workgroup for Health IT infrastructure modeled on iPhone platform with interchangeable applications.
Dan Clancy responds to Bezos’ comments about Google Books. All publishers–in all platforms & for all audiences–should be following Google Books Settlement and the G Books program!
Adgregate Markets, an online advtsg services provider acquires Gydget, a social media widget. Adgregate’s offering, ShoAdsTM, creates banner ads that have e-commerce capability directly embedded.
Merger, which was called off last fall due to market conditions and lack of buyer for Porex, is back on. HLTH still seeking buyer for Porex. WebMD will be surviving company with Wygod as Chair and Gattinella as Pres/CEO. All stock transaction. WebMD has been a publicly traded sub. of HLTH.
Looks to be a good conference on innovation in health care experience & delivery.
Sponsored by CTIA (wireless ind assoc), Congress, administration officials, & experts to meet to discuss “mHealth solutions to America’s chronic care crisis”. Good quote from Obama at end of article. “We need to explore a range of ideas about how to put patient safety first, let doctors focus on practicing medicine, and encourage broader use of evidence-based guidelines”.
Excellent points by 2 associations that deal with healthcare documentation and medical transcription (AHDI and MTIA). In short, we need representatives from parties that understand clinical workflow and “how” EHRs will be used not just representatives from the technology side. “Defining ‘meaningful use’ is not the role of HIT but…clinicians and experts in health care documentation who can speak to the document workflow process and the complexities of capturing health stories in a way that informs clinical decision-making and promotes coordination of care..”
IBM bets on mobile tech to reach parts of pop that don’t use pcs–and of course those who use both.
CareMedic, based in St. Petersburg, FL, has incorporated Cleveland Clinic’s app that helps identify medicaid, self-pay & charity cases to help manage bad debt & denied claims into its Patient Access Mgmt system.
The Healthcare Financial Mgmt Assoc will publish a detailed report this fall on how to implement best practices in revenue cycle mgmt (RCM). Preliminary results given at HFMA’s annual meeting in Seattle. Bullet point results listed in article.
ThomsonReuters to provide business/finance news to Captivate for distribution via their commercial elevator screens.
Good article on recent research by TNS Healthcare on shifting relationships between Pharma and doctors. No major revelations, but some good data.
Article provides table of Twitter-related start-ups and the investors in each.
Round 1 research reports from Robert Wood Johnson Foundation’s Project HealthDesign available via this link.
Good piece on use of Twitter by scholarly publishers. Focuses on using Twitter to promote info about books/journals on blogs or websites. But, also points out that PR folks have a bit more latitude in what they can do/say on Twitter than in a formal blog/web post.
Headline Commentary June 8 - 18
- Posted June 18th 2009
- Comments (0)
- by Janice
Roni Zeiger, MD, product manager of Google Health offers a thoughtful & sensible response to questions about patient involvement in medical decisions. I agree with his argument that for standard, time-tested, well understood treatments, the “paternalistic” system works well. I’d go further to say that these are the types of treatments that can more easily be captured in computerized clinical decision support systems and don’t require the expertise of an MD in most cases. Minute Clinics and the like are proving this point. Order sets are followed by nurse practitioners or phys. asisstants. Zeiger goes on to say that in other cases, where multiple courses of treatment are potentially helpful, we need to work on educating patients to ask about the risks and potential outcomes of each treatment. This isn’t an easy task. Zeiger recommends organizing data to help explain options to patients. I second that!
Esther Dyson on the importance of genetic research, includes transcript and video.
Carol Diamond & Josh Lemieux write about the over-emphasis on technology and not the desired outcome of better healthcare through the use of technology. Good article.
I think they mean “mnemonic” not pneumonic! Articles lays out mnemonic checklist for effective patient discharge information that is in compliance with JCAHO guidelines.
John Halamka’s post on the Meaningful Use definitions presented at today’s HIT Policy committee meeting. Links to the matrix and complete slides included.
In fact, The Economist benefited by refusing to give its content away on the Web. Audience for the Economist is smaller than that of Time or Newsweek because of its higher quality global analysis focus (remember that People magazine has the highest circulation). Added analysis in Economist differentiates it from commodity news articles that just summarize week’s news stories.
Eli Lilly solicits submissions from external institutiions to submit proprietary compounds for potential screening (thus alleviating the need to discover new compounds themselves).
Full text of article referenced earlier. Provided doctors follow accepted clinical guidelines and fall below average error rates, this model (PROMETHEUS) proposes a risk-adjusted payment model.
Detailed matrix of Meaningful Use (MU) priorities, objectives,and measures. Contrary to my first reaction, based on less detail, evidence-based content and patient education information do figure into some of the priorities. Thank goodness!
Initial recommendations includes 22 objectives, but no official definition of meaningful use. Note, incorporating access to medical research info or existing clinical decision support systems is not among the objectives. Too much focus on technology, barely any focus on research content!
Even with deadline >4 years away, experts at recent Healthcare Financial Mgmt Association meeting recommend that hospitals begin planning immediately.
WaPo covers some recent social media ad campaigns by Pharma.
Abstract of article in Health Affairs that proposes an evidence-based model for physician reimbursement.
Thomson Reuters offers special edition of ISI WoK to developing countries in partnership with Reseach4Life.
ACS Journals to publish in new format with 2 pages of content on each printed page–to save money & space. Results from move to online usage for most readers.
Yahoo adds 5 new papers, even in face of possible shutdown of HotJobs, which is a major source of job classified rev. for consortium papers.
GE and IBM are using financing to their advantage to reel in new prospects for their EHR systems. In this case, GE’s Centricity.
Interesting post that provides insight into pharma marketing practices and suggests that physician & patient education advocates learn from some of the practices of pharma in getting out their message.
Tom Davenport on why user-generated content must be considered a supplement, not a replacement, for authoritative content in healthcare. An important addition, IX therapy as it now is practiced by Healthwise & Center for IX Therapy represents a very small slice of authoritative medical and healthcare content. There is more than one source beside Healthwise.
Person who stole patient record information at Cedars Sinai Medical in LA & used info to defraud insurance companies sentenced to 4yrs 8 mos. in prison.
WSJ writes about how medical education might be affected by health reform. Important topic, especially continuing medical education (CME).
Experiment shows that author pays model could lead to inappropriate acceptances of papers. In this case, a computer generated article was accepted for publication by an open access/author pays publisher.
NYTimes’ About.com increasingly uses celebrity “expert authors’ to drive usage. Celebrities receive free exposure, not payments.
Forbes on Obama’s speech to AMA & the reaction.
TechWeb, publisher of InformationWeek and related pubs, reorganizes around verticals and shifts execs. I am a loyal reader of InformationWeek, but I marvel at how often the names on the masthead change.
Ascend Media, fmly owned by PE companies CCMP and VSS & mgmt, now owned by lenders, is for sale. Assets include B2B magazines for medical imagin, hearing, respiratory care, PT, plastic surgery & other professionals, as well as event media and medical education products. Drop in pharma advertising likely a major driver for declines in sales for all properties.
Zix Corp is seeking buyer for its PocketScript payer-sponsored eprescribing business, which had sales of $1million in Q1 2009.
Not surprisingly, AHA is against cutting payments to hospitals, esp. before coverage is expanded to more uninsured.
From Obama’s speech to AMA: talk of the additional $313 in healthcare savings to help pay for costs of reform. MedPage Today offers good coverage of the entire speech.
HITSP, a public/private partnership that works on interoperability of EHRs in US, has begun work to identify standards to support “core research data element exchange”.
Hanekamp’s site,myfitbrain.com, provides resources that exercise & help retain cognitive abilities in older adults.
WSJ speaks with David Blumentional, head of ONC. “There’s no way to transform the healthcare system without information technology.”
Andrew Spong, fmly with Wiley, launches his first workshop for STM publishers on social media.
HealthLeaders publishes data from Thomson Reuters on hospital expenses per adjusted discharge for 2008 and 2005.
Good piece on uses of Twitter and some companies to watch that are adding value to Twitter.
John Mack offers addt’l insight into FDA warning letters to pharma about paid search ads.
Excellent recap with lots of links of MarketingProfs B2B Forum held last week (June 8-9) in Boston.
Write-up of last week’s (June 11-12,2009) Games for Health conference in Boston.
Summary of Lois Capps’ remarks at Avalere Health’s recent “Raising the Bar: Payment Reform and CardioVascular Disease” conference.
Headline Commentary June 8-14
- Posted June 14th 2009
- Comments (0)
- by Janice
Obama administration says it can find $313 B in healthcare savings to help pay for reforms.
UK “Power of Information” taskforce invited Tim Berners-Lee to advise on opening access to UK govt data.
John Moore summarizes his thoughts on the recent Microsoft Connected Health conf. Key point: MSFT has shifted some focus from consumer apps to enterprise apps, in large part because of the faster uptake & more clear business models.
David E. Williams comments on the need to focus on the “content” or “information” side of the IT equation, not just the technology. In particular, he points to how clinical decision support systems (CDS) benefit from application of technology to info. This is the mantra of Health Content Advisors. We’re glad to see more industry analysts poiont out the need to put attention on the “I” in “IT” .
Allhealthcarejobs.com, which was launched in 2006 and is reported to have sales <$1M, is acquired by jobs site Dice Holdings for $2.8 million.
John Halamka’s post on first meeting of HIT Standards Committee on quality measures.
Sramana Mitra on some well-positioned health IT and health content companies. Mostly focused on IT companies that help to save costs.
Here’s an example of a publishing company’s looking at data it can extract from patterns of use of its content. Analysis doesn’t appear to have been done for purpose of creating a by-product, but online news sites should consider more offshoots from mining usage patterns on its sites.
AMA & Covisint are working together to build a portfolio of Web-bases services to physicians and on June 11, announced that the portal will be launched nationally in early 2010 and will provide a link to Microsoft’s HealthVault PHR platform.
Elsevier selects NextBio’s platform to enhance ScienceDirect, by allowing it to integrate search results from other online scientific data along with ScienceDirect results. NextBio is used by many top Pharma companies & research institutions.
Thomas H. Lee, MD writes about effect of IT on role of physician. Comparing what IT has done to publishing (and journalists), Dr. Lee posits that some basic functions of doctors can indeed be automated. This is an important theme and I will write more on this topic soon.
Dr. Chen writes about uses of social media (including Twitter) to motivate patients to comply with treatment and wellness plans.
LifeShirt,a wearable remote patient monitoring system, completes prototype of next-gen shirt. Current version embeds sensors to collect respiratory, cardiopulmonary, & other data from patient. Can also connect to peripheral devices and transmit data to vendor’s db for analysis. New version will integrate all sensors, extend battery life, & make upgrades easier. Sounds cool, but what about washability?
Varian says ’statisticians are sexy’ and ability to interpret and communicate trends from databases is critical skill in today’s business world.
Ed Felten’s suggestions for data.gov & general role of feds in serving as info provider. Great points: “Private actors….are better suited to deliver govt info to citizens and can constatnly create and reshape the tools individuals use to find and leverage public data.”
Lots of tips & references on using Twitter for HC journalists.
The government says sipping red wine improves the benefits. Glad to know I’m doing it right!
Single payer system = longer life expectancy?
Steve Outing provides a list of suggestions for newspaper company executives. Food for thought for publishers in other segments, too!
2nd in 3-part series on eprescribing.
Class action settlement against First DataBank (Hearst) that publishes benchmark drug prices and McKesson, a drug wholesaler, will result in some payments to consumers who bought these drugs, along with some price rollbacks, but not a significant change.
Good summary of new Pew reports with follow-up by Susanna Fox, Gilles Frydman, and more. I’ll dig into the report tomorrow.
Healthcare Informatics’ June issue with HCI 100 list of top health IT vendors.
Medseek, a provider of healthcare enterprise portals for hospitals, listed #72 in HCI 100 rankings.
Drug interaction/adverse effects info tool added to MSFT’s HealthVault.
Headline Commentary May 31-June 7
- Posted June 7th 2009
- Comments (0)
- by Janice
A rundown of a handful of online physician ratings sites. Also mentions pushback by physicians who can’t respond to reviews. Mentions RateMDs.com, DrScore.com, AngiesList, Heatlhgrades and some state-specific sites.
Good series on how the Google algorithm has evolved and how human reviewers have been added to the formula.
IAB PWC research shows that online ad spend declined in Q1 2009 YoY for the 1st time in years.
The Open Access Scholarly Publishers Assos. and DOAJ/Lund University LIbraries will hole 1st conf. on Open Access in Sweden Sept. 14-16.
E-patient Dave’s slides from presentation at National eHealth Collaborative last week.
Good overview of Data.gov by Info Today.
David E. Williams provides a very nice summary of Michael Porter’s excellent article in NEJM (available for free): A Strategy for Health Care Reform — Toward a Value-Based System.
The participatory medicine/epatient pioneers have formed a society, the Society of Participatory Medicine, and will publish a journal called Jounral of Participatory Medicine. Dr. Alan Green, MD is the first president. Journal will be open access, of course!
Some background on why drug companies aren’t flocking to Twitter.
This story supports theme of the June 4 blog on Health Data Analytics and the bounty of new data streams that will be available from digitized records of all sorts. Cerner’s data warehouse includes 1.2 billion lab results, as well as medication orders and other data.
Good post that expands on theme that EHRs (EMRs) should be designed with patient needs in mind and that simply automated current procedures in hospitals won’t likely lead to an improved experience for patients who want to participate in their health care decisions.
Commonwealth Fund study on Comparative Effectiveness Research from 4 other countries. In my reading pile.
Healthcare a bright spot in employement trends: health care jobs grew >23,000 in May, while overall nonfarm payrolls shrank by 345,000.
Dr. Val discusses the “workflow interruption” aspect of most EHR systems. The “workflow interruption” is my term. She describes more elegantly, but I am putting it in context of good marketing practices in IT and publishing, where product developers spend time shadowing prospective customers and get a deep understanding of their workflow in order to design information tools that increase efficiency and try to improve outcomes, not just add a layer of technology in order to record data.
A new condition of interest to data publishers: Database Hugging Disorder (DBHD). Humor aside, this post addresses trend toward allowing access to the databases that were used in medical and other studies. In line with the Open Access movement in scholarly publishing that campaigns for free access to research articles where the research was funded with public funds, the open database movement seems to be growing very quickly. Oddly enough, even though the databases hold more value than individual articles (especially when data can be combined from multiple databases), the fact that they haven’t been monetized in most cases may lead research organizations to be more willing to make them freely available while still charging for published articles based on the data.
Good post that includes links to top ideas for Pharma in social media, as well as John Mack’s thoughts on the need for Pharma companies to create “corporate” blogs or websites that serve as central resources on diseases, conditions, or other topics that are more broad than a marketing site for a drug. Points to importance of providing links and information from other sources. This is a theme I think is important and publishers should take note. Pharma websites are now prospective buyers of authoritative content for their websites.
J&J said “pipeline productivity is on track” and outlined growth strategies: -greater marekt penetration, new commercial models, exapnded geographic presence.
Elsevier to publish guidelines for sponsored reprints.
Good piece from Michael Porter on key changes required to reform our healthcare system. Porter emphasizes the need to align incentives for insurers, providers, employers, and patients with health of the patients/consumers as the objective. I’ve only skimmed the article, but it looks spot on.
Stunning numbers from new study that says 62% of all bankruptices filed in 2007 were in part due to medical expenses–and 78% of those individuals had health insurance.
Only PE companies left in bidding. Interesting twist: Springer’s current owners, Candover & Cinven are looking to raise a specific amount (500M Euros) and are asking interested parties to bid on share they are willing to accept for that amount. Springer has large number of scholarly journals & books, and has done well selling ebook versions in the past couple of years, but has lagged behind in creating decision tool applications based on their content. Heavily focused on academic market.
Anthem Blue Cross, the BC provider in California, announces wide availability of its cost comparison data to members in CA. The transparency tool provides access to costs associatied with all aspects of a medical procedure, from lat tests to recovery room charges & physician costs for specific facilites. Eventually, BC/BS plans to make similar info available countrywide. A big move in the right direction to support consumer driven health plans with high deductibles & copays.
Great post on the potential value of the huge amount of data that are being collected as more info on individual patients is recorded in digital form. Effects of drug interactions across a broad population is key example given here.
Modern Healthcare reports that GetWellNetwork, which provides bedside computer apps for “patient engagement” is “promoting the use of its own and similar products by creating and helping fund a not-for-profit institute devoted to researching patient-engagement effectiveness”. GetWellNetwork calls their applications “interactive patient care”. My comment: it gets confusing when there are so many fragmented terms for improving patient care & safety, some that involve patient participation, some that don’t. Rationalizing the health IT market, esp for vendors to hospitals, and incorporating patient education providers would add efficiency and perhaps even make sense to the patients. Relationship of GetWell and the insitutute also raises doubts on transparency. Parallels relationship between Healthwise & Center for Ix Therapy, although at least both are non-profits in this case.
Medidata, which provides s/w for managing clinical trials and for managing clinical research data (Rave), sets terms for IPO. S1 was filed in January 09. Insight Ventures key investor. Market cap at expected $11-13 range to be up to $290. See: http://www.mdsol.com/products/rave_overview.htm
Medsphere, a San Diego company, has raised $1.0M of a $15M funding round. Medsphere is commercializing an open source version of the EHR system developed for Veterans Affairs. Backers include Thomas Weisel, Azure Capital Partners, & Epic Ventures.
Good overview of Google Wave by folks at ReadWriteWeb.
Posts by pharma sales reps on site: CafePharma allowed in lawsuit that claims Schering hid study results on Vytorin.
More on Google’s plans to sell ebooks. Even though publishers get to set price, Google retains right to discount at its own expense.
Previously announced collaboration between Nature Publishing and InnoCentive launches. Innocentives provides platform for problem “Seekers” to solicit solutions from problem “Solvers”–all with a life sciences focus.
CMPMedica announces new online healthcare education program for patients & their caregivers. Health Empowerment Initiative targets “knowledge gaps” in patient understanding to improve compliance with prescriptions and healthful behavior. Sounds interesting & I’ll check it out, but they should have come up with a better name for the program!
Health Content/Data Analytics Stimulates Deal Activity
- Posted June 3rd 2009
- Comments (0)
- by Janice
At our Health Content08 conference last fall, much of the excitement focused on the wealth of data that will be able to be mined from digital health records, and recent deal activity illustrates some of the real-world opportunities.
Dr. Len Lichtenfeld has pointed out on the American Cancer Society site that “megadatabases” compiled from electronic records that are often designed for other purposes can yield valuable source data for research studies. In most cases, the information is “de-identified” so that individual patient information cannot be traced. With increasing emphasis on comparative effectiveness research (CER) in the Stimulus Bill (ARRA), there will be a strong demand for tools that help capture data and analyze large databases that contain real-world outcomes.
Two notable related developments include: today’s news that Medidata has set the terms for its previously announced IPO, with an expected market cap to be up to $290M. Medidata’s products include Rave, software that helps pharmaceutical, biotech, and medical device companies with electronic data capture (EDC) for post-approval outcomes studies. And, 2) last month’s news that Phase Forward, a competitor to Medidata, has acquired Waban Software to extend its EDC capabilities.
Medidata and Phase Forward, both known for clinical trials software, recognize the need to extend their offerings to include software that helps research scientists & clinicians design and conduct post-approval studies. EHR data sources will encompass more comprehensive reporting from more diverse populations and will require different set of data capture and analysis tools, such as extracting and rationalizing data across subjects.
Along with these deals related to clinical trials software vendors, other recent health content/health data deals include:
Microsoft’s acquisition of Rosetta Biosoftware’s genetic/genomic data management software, which will be added to MSFT’s Amalga Life Sciences group.
Merge Healthcare’s acquisition of Etrials, a vendor of clinical trials software.
Ingenix’s acquisition of AIM, a healthcare analytics company that works with payers and providers to reduce overpayment and billing errors.
This recent spurt in deal activity is driven by the long-term trend towards digital record-keeping, but the pace of activity is accelerated by the current focus on CER and the >$1B in funding for CER including in the Stimulus Bill. At Health Content Advisors, we’re exciting about the level of activity in health data content and analytic tools. Our roots are in data content, so much so that the flagship annual conference of our parent, InfoCommerce Group, has renamed itself Data Content to make this point very clear.
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