Medical Devices could become obsolete?

http://www.qmed.com/mpmn/medtechpulse/could-digital-health-make-most-medical-devices-obsolete

George Samaras of Samaras & Associates Inc., Pueblo CO suggested that 50% of Medical Devices could become obsolete as a result of trends in mobile health in a keynote at MD&M West.   The technology that is being demonstrated today should come online within the next 5 years and destroy the current landscape.  

Hot investment opportunities focus on Medical Device Monitors and Sensors

There is significant interest from #venturecapital #pharma and#healthinsurance companies in personal health monitors and sensors.  Google, Apple, Samsung, Microsoft and others are changing the #MedicalDevice industry along with hundreds of startups.  Smart $$$ is moving to medical devices that monitor patient health.  This will build patient accountability into the system that does not exist under todays health delivery system in any significant manner.  The devices must clear FDA or other regulatory agency for efficacy and safety.  Of course positive outcomes is an expectation on the monitoring and aggregation of this data.

http://www.inc.com/christina-desmarais/3-hot-opportunities-in-health-for-tech-startups.html?cid=sf01001

Dialysis device processes credit card transactions. Patient Health Info at High Risk.

Dialysis device processes credit card transactions.  The number of health information systems and devices that is vulnerable to hacking and fraudulent transactions is increasing.  Over 700 medical devices were identified in a recent report.  VPNs are most vulnerable on the info system side.  #medicaldevices  #healthit #hacking #infosecurity #himss2014 

http://searchnetworking.techtarget.com/news/2240214827/Study-Malicious-attacks-at-hospitals-risk-patient-data-health

Apple meets with FDA over Mobile Health Apps and Devices

http://www.usatoday.com/story/tech/2014/01/31/apple-fda-mobile-medical-apps/5090349/


#apple   #medicaldevices   #fda   #mhealth   #ces2014   Apple and FDA met to discuss approval of medical device apps.  A former Medical Officer from Masimo a medical device manufacturer was at the meeting.  Some of the gadgets that were at CES may become actual FDA approved Medical Devices with potential for insurance reimbursement.   

Fenugreek once again proves itself in glucose management

#diabetes #supplement #diet #nutrition  Fenugreek has been used as part of King County, WA program for diabetes management for nearly 20 yrs.  Additional research supports use of medium to high levels in a Canadian study

http://www.nutraingredients-usa.com/Research/Literature-supports-fenugreek-s-blood-sugar-management-potential-Meta-analysis/?utm_source=newsletter_daily&utm_medium=email&utm_campaign=Newsletter%2BDaily&c=Kn1mmvStJBmUjiGGsQ8YtQ%3D%3D

Accountable Care Organizations savings are relatively small according to CMS

http://www.nytimes.com/2014/01/31/opinion/we-are-giving-ourselves-cancer.html?_r=0


http://lnkd.in/dju2XqQ #affordablecareact #physician #healthinsurance #medicare Numbers for ACO's from CMS show small savings. The average was $80 per year / per patient or $6.50 per month. The best performing ACO in the study was a Bronx, NY based Network that had been running like an ACO before the term was invented generating a savings of about $100 per year / per patient.

http://www.hiewatch.com/perspective/future-hie-private

    80% of the 220 State and Federal Exchanges are stalled or failing as federal funding dries up.  97% of insurance companies do not believe public exchanges are are viable.  Only 10 exchanges predicted to exist past 2017.  88% of physicians view insurers as being the group that can address the sharing of patient data.  If these numbers are true than we are looking at a collapse of the entire ACA system.  Insurers will look to the government for bailouts on costs incurred due to provisions in the ACA which raise costs.  Premiums will go up across the board.  People will once again be dropped from plans and have to find new care providers. Which will mean collected data that is utilized to improve outcomes will be lost or have to move to other private exchanges.   This is a fundamental problem with the ACA, while it's ideals are good for people, it is based upon a fundamentally flawed and failing business model.  Most of the time the "smartest people are outside of the room, not in the room."    This should be a wake up call to all healthcare consumers and healthcare providers.