Digital Transformation

This evolution of healthcare involves using technology to improve diagnosis, treatments, monitor patients, enhance hospital operations and culture, and bolster consumer-focused care. This includes virtual reality tools, wearable devices, workflow software, health apps and other digital health tools.

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ACC chimes in with U.S. healthcare reform recommendations

The American College of Cardiology (ACC) published its vision for U.S. healthcare reform, describing both existing initiatives and plans for the future, and called for cardiologists to play an active role in shaping healthcare reform, in the Aug. 4 issue of the Journal of the American College of Cardiology.

Medtronic settles stent patent suit with Abbott to the tune of $400M

Abbott today settled all outstanding intellectual property litigation with Medtronic. Under the terms of the settlement, Medtronic will pay Abbott $400 million and $42 million to evYsio Medical Devices, based in Vancouver, British Columbia.

Michelle Obama releases $851M for community health center IT adoption

U.S. First Lady Michelle Obama has announced the release of $851 million in grants to address immediate health center facility and equipment needs and increase access to healthcare for millions of Americans. The money was made available by the American Recovery and Reinvestment Act (ARRA) of 2009.

Boston Scientific switches CEOs, with a look away from cardiac devices

Boston Scientific has announced that President and CEO Jim Tobin will retire and that its board of directors has appointed Ray Elliott the new president and CEO, effective July 13.

3D scanner could make hearing aids more comfortable, effective

A new digital scanning technique, developed at the Massachusetts Institute of Technology (MIT), could offer a much better fit for future hearing aids, according to an article in the MIT Technology Review.

HHS disseminates $6B for children's insurance

Health & Human Services Secretary (HHS) Kathleen Sebelius has reported that $6 billion in new federal funds will be made available to states and U.S. territories for fiscal year 2009 to provide healthcare to millions of children across the United States through their Children's Health Insurance Programs (CHIP).

Irish stent startup nets $17M in financing round

Cappella has completed a $17.3 million series C investment, led by new investors, Fountain Healthcare Partners and Mitsui Venture Partners. Enterprise Ireland also participated in the round alongside Cappella's existing investors, Polytechnos Partners and ACT Venture Capital.

Senate begins healthcare reform roll out

The Senate Committee on Health, Education, Labor and Pensions, led by Chairman Edward M. Kennedy, D-Mass., introduced legislation this week advocating for more government involvement in healthcare coverage. The bill is certain to launch a drawn-out debate over the current delivery direction of healthcare in the United States when it is introduced on the Senate floor in July.

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Around the web

Health Exec
These health systems have the biggest digital health portfolios

U.S. health systems are increasingly leveraging digital health to conduct their operations, but how health systems are using digital health in their strategies can vary widely.

Health Exec
Toylike robot pleases counseling clients where humanoid counterpart struggles to connect

When human counselors are unavailable to provide work-based wellness coaching, robots can substitute—as long as the workers are comfortable with emerging technologies and the machines aren’t overly humanlike.

Health Exec
Medsender, Patagonia Health team up to aid public health efforts against COVID-19

A vendor that supplies EHR software to public health agencies is partnering with a health-tech startup in the cloud-communications space to equip state and local governments for managing their response to the COVID-19 crisis.