phillytechnews twitter feed 9/14/2012

Posted: 14 Sep 2012 05:35 PM PDT
phillytechnews: RT @joshk: Hanging out @PennApps. Huge turnout!! (@ Houston Hall w/ 12 others) [pic]: http://t.co/aOm5GmED
Posted: 14 Sep 2012 05:32 PM PDT
phillytechnews: Tami Hansbrough resigns from her post at North Carolina - http://t.co/VdYK1TxY http://t.co/tyyU6ZRl


Still Room for IT Innovation in Healthcare Tech Marketplace, NJTC Panelists Say

Esther Surden
Publisher & Editor, NJTechWeekly.com

A panel discussion on connected healthcare, held during the New Jersey Technology Council (NJTC) Health Information Technology Summit in Princeton on July 19, 2012, revealed how much more healthcare IT companies need to do to make connections between data and real patient outcomes.

As moderator Al Campanella, strategic business growth and analytics EVP for Virtua (Marlton), said, the market is facing big challenges regarding interoperability, personalized medicine and mobile health. Campanella pulled together a diverse group of panelists, who also pointed out gaps in big data analytics between the information needed and the software available to get at it, issues surrounding privacy and security, and legislative and regulatory challenges. They also identified significant opportunities for industry companies that can fill those needs.

Data analytics and analysis tools are needed to help address the problem that Kenneth Gross, Camden Coalition of Healthcare Providers (Camden) director of research, is seeing. Gross is dealing with a familiar problem brought close to home: some 1 percent of the population is responsible for 30 percent of healthcare system costs.

Gross said his mission is to identify patients who use the system more than they should, and do something about it. Many of those patients return to the hospital because they have neither health insurance nor the transportation to venues that can refill their prescriptions, so they are not going to the doctor.

Business intelligence tools aren’t enough to help with this challenge, Gross said. “We need population intelligence tools, especially around accountable care and healthcare delivery,” he added. In addition, those tools are not immediate enough, Gross said. “We currently get a daily feed that tells us who is in the hospital and who has had two or more visits within the last six months.”

However, that feed doesn’t tell him who is an oncology patient and who is pregnant, since patients with those conditions aren’t covered by the program. “We are dealing with people with multiple chronic conditions or social factors that are getting in the way of healthcare,” Gross said. Each morning his organization has to go through medical records, trying to figure out which people belong, and looking for indicators. “We could use predictive analytics technology in real time,” Gross said.

The organization now works with claims from the three hospitals with which it has contracted, and it doesn’t receive that information until the end of the year. “That just doesn’t work for us,” Gross said. “We’ve found that if we can intervene with patients at bedside and start working with them before they get discharged, we can help them navigate the system from that point on. We need real-time data.”

A major challenge noted by Todd Fisher, VP of MobleMD (Yardley, Pa.), a division of Siemens, is how to meaningfully engage patients. Fisher noted that health information exchanges (HIEs) are held back in their attempts to deliver information to patients whenever and wherever they need it. “We’ve aggregated a lot of information and have gotten much data off paper,” he said, but inhibiting progress is the “healthy tension” around the laws surrounding privacy and security.

Fisher said the industry has to figure out what its obligations are, as it disseminates and aggregates information, and how to eliminate identities as it creates data on large populations. “The challenges moving forward include aligning legislation with the behavior changes that have been requested by our administration, to make sure that when we digitize all this information, we are able to use it in ways that are truly beneficial,” he said.

Looking at healthcare technology in a more disruptive way, Kelly Lewis, president and CEO of Allied Health Information Exchange (Harrisburg, Pa.), said he looked forward to a time when one or two brands made everyone so comfortable with exchanging healthcare information that no one would worry any more about privacy abuse. Added Lewis, “We need to create a brand, like a MasterCard or a Visa,” that would create a comfort level such that people will allow their health information to be exchanged under the right circumstances. It would be inherently compliant with the Health Insurance Portability and Accountability Act (HIPAA) and the Office of the National Coordinator for Health Information Technology (ONC) so consumers would know that, as with the financial data held by MasterCard and Visa, their health data would remain secure and private.

Oracle (Reston, Va.) enterprise solution architect Adrish Sannyasi said many of the changes occurring at healthcare organizations could benefit from the change-management systems offered by companies like his. He added that larger organizations in particular could be helped by the structure and multiple offerings of a company like Oracle. “You may need a modular product that can sit on top of a general EMR [electronic medical record],” to connect modular specialist applications, he said.

Ending the discussion, David Shepard, senior VP of vertical market and product sales at IO Data Centers (Phoenix), said, “What I am hearing from others in the industry is, over the past six years there has been an increase in health information data breaches,” coupled with increased HIPAA enforcement. “There is a lot of concern about security, both physical and logical, for mission-critical applications. The concern about compliance extends to business associates and contractors,” he added.

“As a data center provider, we need to make sure we have the controls in place…to protect patients and providers,” Shepard said, adding, “We also need to have the right systems and protections in place to guarantee that our systems are always on.”


Esther Surden is Publisher and Editor of NJTechWeekly, and a contributor to Philly Tech News. This article originally appeared in NJTechWeekly.



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Daily Links 9/13/2012: Philly311 Mobile App Launches; Churchill Club to Honor SAP Co-Founder Dr. Hasso Plattner




Churchill Club to Honor SAP Co-Founder Dr. Hasso Plattner With 2012 Global Benefactor Award (PR Newswire)

SAP Co-CEO Explains Cloud Plan, 'Wacky' Hana (Information Week)

To Your Rescue: Philly311 Mobile App Launches
(Philadelphia Daily News)

Just what is Dell's cloud strategy? (Computerworld)

Burke: Rebuilding NBC Remains Top Priority
Cable networks can increase ad, sub fee revenue
(Broadcasting & Cable)

Steve Burke says animation and franchises are key for Universal (LA Times: Company Town)

Comcast caters to SMBs with new Business Class Signature Support services (PC World)

MRO Corp. Announces Acquisition of Florida Medical Record Services, Inc.
MRO expands geographic footprint and extends disclosure management services to existing FMRS customers through acquisition
(Business Wire)

Epicor to Acquire Solarsoft Business Systems (Marketwire)

Google Wallet gets heavier with Barclaycard US support (ZDNet)
Barclaycard US is based in Wilmington.

All About Monetate’s Infographics (Monetate Blog)

EPAM SYSTEMS AND THOMSON REUTERS ANNOUNCED A PARTNERSHIP TO DEVELOP AND HOST AN APP STORE SOLUTION (Thomson Reuters One)



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phillytechnews twitterfeed 9/11 to 9/12 2012

Posted: 12 Sep 2012 08:19 AM PDT
phillytechnews: RT @xpangler: Google Adds ESPN And Disney Nets To Fiber TV Diet http://t.co/ufg0XZkv
Posted: 12 Sep 2012 07:47 AM PDT
phillytechnews: Notre Dame will leave Big East to join the ACC – http://t.co/krVuhK0C http://t.co/0R8XatsM
Posted: 12 Sep 2012 06:18 AM PDT
phillytechnews: Daily Links 9/11/2012: Janney's Wible considers Comcast long-term buy http://t.co/jL2UfWoB
Posted: 12 Sep 2012 06:04 AM PDT
phillytechnews: RT @TechCrunch: Preparing For An IPO, Online Customer Service Platform Zendesk Raises $60M From Redpoint, Goldman Sach... http://t.co/CZ ...
Posted: 12 Sep 2012 05:55 AM PDT
phillytechnews: @scarylawyer Too many teams in front of them, time running out
Posted: 12 Sep 2012 05:18 AM PDT
phillytechnews: expect to pay even more for gas
Posted: 12 Sep 2012 05:17 AM PDT
phillytechnews: Libyan situation giant f/u
Posted: 11 Sep 2012 05:27 PM PDT
phillytechnews: RT @WSJ: U.S. missions stormed in Libya, Egypt as demonstrators protest a film by a U.S. producer deemed insulting to Islam. http://t.co ...
Posted: 11 Sep 2012 02:47 PM PDT
phillytechnews: Daily Links 9/11/2012: Janney's Wible considers Comcast long-term buy http://t.co/ghK7MfYM
Posted: 11 Sep 2012 02:19 PM PDT
phillytechnews: Says bet too much on HTML5; now focused on native.
Posted: 11 Sep 2012 02:18 PM PDT
phillytechnews: Zuckerberg talks a mile a minute - is he always so hyper?
Posted: 11 Sep 2012 12:39 PM PDT
phillytechnews: Highlights last week on Philly Tech News (9/3/2012 to 9/9/2012) http://t.co/g6TGcGuY




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IMPACT 2012, to be held in early November, intends to attract more out of town investors; Friday deadline to apply to present


Tom Paine





PACT, the Greater Philadelphia Alliance for Capital and Technologies (formerly the MAC Alliance) is holding its annual IMPACT 2012 Venture Summit Mid-Atlantic on November 7 & 8 at the Ritz-Carlton Philadelphia and the Crystal Tea Room. The conference is hosted by Ernst & Young.

The deadline to apply to present and be a "featured company" at IMPACT 2012 is this Friday, September 14. (Update: the deadline has been extended to Friday, September 21.) Featured companies will be broken out into four tracks: Technology, Healthcare, Clean Technology, and a separate category focused on emerging growth companies. IMPACT is looking for 15 to 18 companies in the Technology and Healthcare tracks, and 6 to 10 in the other two. There is no charge to those selected to present as featured companies. You can apply here.


This year, IMPACT is broadening its scope and appeal by working actively to attract more VC firms from up & down the east coast between Boston and DC, as well as some from the west coast, Ernst & Young LLP Partner, East Central Strategic Growth Markets Leader and Chairman, IMPACT 2012 Venture Summit Mid-Atlantic Andrew (AJ) Jordan told me in a phone interview. He is seeking to draw ten to twelve out of town firms that haven't attended in the past. Traditionally, local VC firms have been the main participants. The goal, Jordan says, is to expose more outside investors to the Philly startup and emerging company scene, encourage more partnering on investments between local and out of town firms, and hopefully demonstrate a technology and healthcare ecosystem that will bring these firms back to the area in the future, as well as giving participating presenters more options for finding investors.



Steve Case
The keynote speaker will be AOL co-founder and former CEO Steve Case, who currently is Chairman and CEO of Revolution LLC, which includes Revolution Ventures, an east coast-focused VC firm. In 2011, Case was selected by President Obama to serve as Chairman of the Startup America Partnership, a group that supports young entrepreneurial startup companies. Coincidentally, Case and President Obama briefly attended the same school in Hawaii at the same time. Fox sportscaster Joe Buck will also keynote at lunch on Wednesday, coming right off the World Series.

Another change this year is the primary venue. IMPACT 2012 will held at the Ritz-Carlton, instead of the Pennsylvania Convention Center where it has been held frequently in recent years. Jordan hopes the Ritz-Carlton will give the event a more intimate and compact atmosphere. The closing reception will be held at the Crystal Tea Room in the Wanamaker Building on Wednesday evening.

IMPACT 2012 is expanding its reduced rate program for qualified entrepreneurs this year. The first 200 who qualify can attend the entire conference for $200 (This does not include a presenting spot, which must be applied for separately.)

As it did last year, PACT is co-presenting IMPACT 2012 with AlwaysOn, the Silicon Valley-based firm that analyzes the tech industry and helps organize conferences. AlwaysOn is expected to release its AlwaysOn Venture Summit Mid-Atlantic 100 Top Companies by early October. The nomination process appears to still be open on the AlwayOn website.


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Highlights last week on Philly Tech News (9/3/2012 to 9/9/2012)



I look at what had happened to the companies on Philly Tech News' "Young Companies To Watch" from one year ago: ten of the thirty have since been acquired.

Once is not enough: Yardley-based newspaper chain Journal Register filed for bankruptcy for a second time. This time it is to be sold; I wonder if there are any potential local buyers for its Philly-area papers?

A reasonably credible source (The 451 Group) said that Blue Bell-based Fiberlink, whose software helps provide security for mobile devices accessing corporate networks, is looking for a buyer. This would not be surprising, as the company has been looking towards an exit for some time, and an IPO may be too high a hill for it to climb right now.

Apple's talks with media companies (including Comcast) aimed at gaining content for iTV are reported to have bogged down over inevitable conflicts related to the differences in their business models. Speaking of Apple, Business Week did a story on some high-profile Apple bloggers focusing on Philly's John Gruber.

Oracle appealed in federal court to have the $1.3 billion verdict against SAP in the TomorrowNow case, which was sharply reduced by the trial judge, reinstated.

And Neat Company, which in July announced the introduction of its NeatCloud and NeatMobile for iOS products, followed up last week by releasing NeatMobile for Android.


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Daily Links 9/11/2012: Janney's Wible considers Comcast long-term buy



How Google Fiber is not like Verizon FiOS (The Technology Liberation Front)

Is Comcast really a tech stock? (Philly.com: Philly Deals)

Janney Capital starts Comcast at 'Buy' (AP via Business Week)

Time Warner Cable Inks 'TV Everywhere' Deal With Viacom (Multichannel News)

Salesforce To Compete Against Box With New, Cloud-Based File Sharing Product (TechCrunch)

iCIMS Acquires Jobmagic, Provider of Innovative Social Recruiting Solutions (PR Newswire)
Based in Matawan, NJ, iCIMS received a $35 million minority investment from Bala Cynwyd-based Susquehanna Growth Equity (SGE) early this year.

Interview with Dr. David Blumenthal, Former National Coordinator for Health Information Technology (Medgadget)

Elsevier Acquires ExitCare, Provider of Patient Education Solutions (PR Newswire)

Dominion Announces Acquisition of Eigen X (PR Newswire)
Eigen X is based in Wayne.



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QVC cues ties with CAA
Shopping channel is looking for more media opportunities
(Variety)