November 20, 2009
The Wall Street Journal has an incendiary profile piece on the Jeffries analyst, Brian Kennedy, who predicted that Highmark CMS would cut its reimbursement rate for CardioNet's wireless cardiac monitoring service. CardioNet is the only public company fully focused on wireless health, which makes it a true pioneer for the emerging industry.
While the aftermath that followed Kennedy's April...
September 24, 2009
"It’s stupid of insurance companies to insist on an inferior device costing 10 times as much," Roger Ebert wrote in a letter to the Editor of the New York Times last week. Ebert, the famous film critic, was responding to a feature the Times had recently published about Medicare only covering dedicated text-to-speech devices, even though those devices are typically far more expensive than multi-...
September 16, 2009
It was a hard fight to get insurance companies to cover dedicated text-to-speech devices for speech-impaired patients, but it finally happened in 2001, according to a report in The New York Times. Now the fight is on to get insurers to pay for cheaper devices and software that they claim work just as well or better.
The Times report highlights one patient's struggle: Kara Lynn, an ALS, or Lou...
July 14, 2009
It's been a tough couple of months for wireless arrhythmia monitoring company CardioNet: The company has terminated its plans to acquire Minnesota-based Biotel, which has its own cardiac arrhythmia monitoring business, an experienced design and development team plus manufacturing capabilities that were set to support CardioNet's growing business. The deal was originally pegged at $14 million but...
July 13, 2009
After months of rumors and analyst speculation, Highmark CMS has, after all, cut the reimbursement rate for wireless cardiac monitoring MCOT services from $1,123.07 to $754. While some analysts have been anticipating a rate drop on the order of about $200 for the past few months, the rate cut was almost double that.
CardioNet, the only pure-play wireless health company that has gone public, is...
April 8, 2009
The more than 140 attendees at the eWEEK Presents: Healthcare and IT Wireless session at the CTIA event in Las Vegas last year, edified the claim that wireless health stole the show last week.
"While many industries are making cutbacks, healthcare is one industry that promises resilience and strength. In particular, mobile devices promise a world of new applications for patients and medical...
March 5, 2009
John Moore over at Chilmark Research: "We have commented many times before that the whole idea of a USB-based (thumbdrive) PHR is simply a dumb idea".
TabletKiosk, launches the MediSlate MCA i1040XT (pictured), the new mobile clinical assistant (MCA), featuring touch screen input.
TheCarrot.com, a provider of life-management tracking and reporting that interfaces with the iPhone, announced today...