The following stories on transactions, acquisitions, fundraising and other developments within the health IT market were reported by Becker's Hospital Review in the past month, beginning with the most recent.
1. Kaiser Permanente Sells IT Subsidiary Archimedes
Oakland, Calif.-based healthcare giant Kaiser Permanente sold its subsidiary healthcare data modeling company Archimedes for an undisclosed sum.
2. Survey: Half of Consumers Want Wearable Health, Fitness Trackers
More than half (53 percent) of consumers are interested in purchasing wearable technologies to allow them to better track their personal health and fitness.
3. IMS Health Files Potential Billion-Dollar IPO
IMS Health filed for an initial public offering last week, which may raise as much as $1 billion for the healthcare data and consulting firm.
4. North American Health IT Market to Hit $31.3B by 2017
The North American health IT market is expected to reach $31.3 billion by 2017, with the majority of the market remaining in the U.S.
5. Humana Launches Remote Monitoring Initiative
Humana partnered with technology firm Healthsense for a remote monitoring pilot program to measure the effects of in-home sensors and other monitoring technologies on improving health outcomes and reducing readmissions.
6. 6 Trends in 2013's Digital Health Funding
In 2013, digital health companies received a total of $1.92 billion in funding. Half of the funds raised were concentrated in companies focused on six areas, revealing major trends in the health IT industry.
7. 7 Health IT Market Predictions
As the health IT market expands and diversifies, many analysts and researchers have made predictions about the size and direction of the market in the coming year.
8. 2 Noteworthy Venture Funding Announcements at mHealth Summit
Two rapidly growing health IT companies announced additional venture capital funding last month at the mHealth Summit in National Harbor, Md., near Washington, D.C.
9. Healthcare Analytics Market Worth $21.3B by 2020
The global healthcare analytics market, valued at $4.43 billion in 2013, is expected to hit $21.3 billion by 2020.
10. Cerner Announces Stock Repurchasing Plan
Electronic health record giant Cerner announced a stock repurchasing plan, allowing the company to repurchase up to $217 million of its common stock.
11. athenahealth, Merge Healthcare Partner for Data Exchange
Cloud-based health IT vendor athenahealth and clinical systems vendor Merge Healthcare announced an interoperability partnership.
12. Trinity Medical Center Settlement Forces Cerner to Take Charge Against Anticipated Earnings
A settlement agreement with Trinity Medical Center in Minot, N.D., forced health IT giant Cerner to take a significant charge against its fourth quarter earnings.
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