Health IT

Readily available procedure pricing may be the key to reducing healthcare costs in the country, according to new research from the University of Michigan Ann Arbor (UM).

The Health Care Cost Institute (HCCI) has ended its data collaboration relationship agreement with UnitedHealthcare, the nation’s largest health insurer. The relationship provided HCCI with de-identified insurance claims for data analysis of U.S. healthcare spending, utilization and market performance.

Theranos, the $9 billion biotechnology startup that officially dissolved last year after allegations of fraud, is a warning for investors in life sciences. Namely, a lack of transparency within portfolio companies creates the possibility of another multibillion dollar implosion, according to researchers from the Meta-Research Innovation Center at Stanford.

Aetna, in collaboration with Apple, launched a new health app to provide users with personalized health goals. Dubbed Attain, the app will be used in partnership with the Apple Watch to track daily activity levels, recommend healthy actions and improve nutrition and sleep habits.

Consumers are used to getting anything they want at the touch of a button, with Amazon being a leader in the field of online delivery and retail. Now, hospitals and healthcare organizations are also seeing more on-demand options, after one company started offering smart hospital rooms for sale on Amazon.

CMS has launched a new app for consumers that provides direct access to some of the most-used content on the agency’s website. The app, dubbed “What’s Covered,” allows people with Original Medicare, caregivers and others to see if a certain service or medical item is covered by Medicare.

A Seattle-based startup, 98point6, is looking to become the Amazon of primary care, according to a profile by CNBC.

The American Hospital Association and six other hospital groups have teamed up to promote interoperability across the healthcare industry. 

All signs point to technology giant Apple continuing its dive into the healthcare space with new services or devices. With its recent foray into health monitoring through its Apple Watch, the company is poised to make a splash in other areas, Fast Company predicted.

Amid widespread concerns about hacking threats and privacy, HHS and industry leaders released voluntary cybersecurity practices to help protect healthcare organizations from threats and keep patient information safe.

Minnesota-based multinational conglomerate 3M has acquired speech recognition software developer M*Modal for $1 billion, according to a report by the Pittsburgh Post-Gazette. M*Modal provides healthcare technology and conversational AI-powered systems for transcribing doctors’ verbal notes.

Amazon’s foray into the healthcare space has taken many forms so far, but experts are still piecing together the whole story of what the e-commerce giant is planning, CNBC reported.