Learning
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nice find EZ2, some us should write the author of the article introducing the company.
Hope you & your family had a good thanksgiving.
SMF, where is the date or better yet a LINK for the rest of us to verify your post #74429?
Anyone catch 60 Minutes last night?
If not you may want to watch the 1st segment on water & towards the end recycling.
http://www.cbs.com/shows/60_minutes/
AMF, I see you posted page 1 of 2 pages. Where & what is on page 2? Better yet provide a link and I'll just look for myself.
Allscripts filed a Covered Business Method petition on one of the patents. It could take as long as 3 months before the patent office even considers it. These things are not unexpected as part of the litigation process.
One might ask themselves if Allscripts was pleased with the way things were going.... why would they do this in the middle of discovery?
Cerner to provide free CommonWell services for 3 years
Written by Akanksha Jayanthi (Twitter | Google+) | November 05, 2014
At the Cerner Health Conference Nov. 5 in Kansas City, Mo., Cerner CEO Neal Patterson announced the IT giant will provide CommonWell services free of charge until Jan. 1, 2018.
CommonWell's services focus on patient identification and linking, record location and retrieval and patient access and consent management.
"We believe that by providing the service free for three years, it will give your organization the chance to evaluate the service," Mr. Patterson wrote in a Cerner post discussing the new offering.
The CommonWell Health Alliance is a nonprofit trade organization chaired by leaders from other IT vendor companies with the common vision of a vendor neutral platform that enables interoperability and data sharing.
Bob Robke, vice president of Cerner, serves as board treasurer of the CommonWell Health Alliance.
http://www.beckershospitalreview.com/healthcare-information-technology/cerner-to-provide-free-commonwell-services-for-3-years.html
Cerner CEO makes an emotional plea for interoperability among health care technology providers
BY DIANE STAFFORD | THE KANSAS CITY STAR | 11/04/2014 11:19 AM | 11/05/2014 12:21 PM
Jeanne Patterson has battled breast, bone and brain cancer, carrying suitcase-size bags of her paper health records to about 20 locations around the country.
Her husband, Cerner Corp. co-founder and chief executive Neal Patterson, intends to get rid of Jeanne’s bags.
A rapt audience of about 11,000 Tuesday morning at the annual Cerner Health Conference heard Patterson emotionally invoke personal experience to illustrate his passion for what his company does.
The North Kansas City-based company is an industry leader in digitizing patient health records and working with other providers to make that information “interoperable” across health care information technology providers.
As a country, we’re making progress, but not fast enough,” Patterson said in the conference’s keynote address at the Kansas City Convention Center.
Without naming Cerner’s prime competitor in hospital IT systems, Epic, Patterson said there remains a “black hole” in interoperability.
Privately owned Epic is not a member of the CommonWell Health Alliance, an alliance of five health care IT companies that Patterson said is likely to grow with the addition of one other to include the nation’s largest providers — except for Epic.
“Open is happening,” Patterson said of health IT interoperability, which was fueled partly by federal “meaningful use” legislation, partly by technology innovation and partly by multifaceted efforts to lower health care costs and improve the quality of care.
“Meaningful use” refers to Medicare and Medicaid programs that provide financial incentives for electronic health records users that meet threshholds indicating improved patient care, such as fewer hospital readmissions. The incentives grew from the Health Information Technology for Economic and Clinical Health (HITECH) Act, part of the the American Recovery and Reinvestment Act of 2009.
Patterson also told of his sister-in-law’s death from sepsis, a severe bloodstream infection, attributed to being seen in a rural hospital that lacked the diagnostic and treatment abilities she needed. He then introduced the St. John Sepsis Rescue Agent, diagnostic software that “uses the power embedded in our systems to drive the right thing at the right time and do it every time.”
The diagnostic alert system for sepsis has been used at North Kansas City Hospital, across the street from Cerner’s headquarters, since April. Julie Filbeck, a critical care nurse on the hospital’s rapid response team, shared a patient’s example from September.
The patient, Susan Attebery of Turney, Mo., was in the hospital for knee replacement surgery. A day after her surgery, family advocacy plus the system’s alert software indicated problems.
Instead of dying from organ failure, as Patterson’s sister-in-law did, Attebery was able to walk onto the conference stage to applause.
Unscripted, Attebery told the crowd of medical and IT professionals: “Please look into it if you don’t have it at your site now because it’s going to help.”
Planned detours from Patterson’s speech included brief presentations by John Glaser, chief executive of Siemens Health Services, which recently was acquired by Cerner, and Stephen Kingsmore, a geneticist at Children’s Mercy Hospital in Kansas City.
Glaser focused on the “Internet of things,” the plethora of sensors that make GPS possible and could help improve the integration and availability of health monitoring devices. Such devices include floor pads that can tell monitors whether an elderly person has gotten out of bed in his or her home and is walking normally.
The Fitbit type of bracelet is one activity monitor that already is helping people pay attention to their exercise levels, he said. Looking forward, he said, nanotechnology may sit in a pill capsule that will send information to tell if the pill is digested after it’s swallowed.
Kingsmore spoke about technology that is decoding the 3.2 billion DNA letters in the human genome to help health care providers diagnose abnormalities in patients. He said 5,300 genetic diseases are known and about 20 more are discovered each month.
“This is the future of medicine,” Kingsmore said of decoding and diagnostic technology. “It will transform health care by reducing the time and expense to diagnose.”
Patterson said this has been and will continue to be an important decade in health care.
“We have to prove this decade if we can afford the health care system we’ve got,” Patterson said. ‘The national expenditure on health care has increasingly become a bigger part of the economy. Eventually the math will break.”
A remedy, aside from digitized, interoperable health records, he said, is “to engage us” — individuals — “to make us part of the system. We’re the last mile of health care.”
http://www.kansascity.com/news/business/technology/article3554236.html
EZ2, what were you trying to tell me in the private message you sent me today? I do not have PM capabilities.
Survey: Patient Portal Usage Growing Despite Reservations
A new survey of hospital and healthcare IT executives reveals that adoption of patient portals is growing even if they aren’t sold on the benefits of these engagement efforts.
The survey, conducted by the Chicago-based Healthcare Information Management and Systems Society (HIMSS) Analytics, reveals a positive picture of the patient engagement requirements of Stage 2 meaningful use which require eligible hospitals and eligible providers to have five percent of their patients view, download, and transmit (VDT) their health data. More healthcare provider organizations are adopting patient portals, much of it facilitated by the electronic medical record (EMR) vendor.
“Patient engagement is more than just today’s hot topic – it is foundational to the future of healthcare,” HIMSS Analytics research director, Brendan FitzGerald, said in a statement.
Despite this, IT leaders are still not sold on the benefits of the patient engagement and specifically, the VDT requirement. HIMSS Analytics found that cultural issues were the biggest challenge to healthcare organizations’ patient engagement initiatives. The authors of the report say this is disconcerting because leading an effort they find difficult to support typically lies outside of an IT leader’s domain of experience/expertise and can be extremely difficult.
A number of surveys and studies have relayed the challenges that providers are facing when it comes to those Stage 2 VDT requirements. Only one-third of patients currently have access to a patient portal, while two-thirds either do not have access or are unsure, according to a survey from the Austin, Tx.-based practice management systems reviewer Software Advice. Technology Advice, a consulting firm to potential software buyers, also confirmed that patients are unaware of their portal options.
http://www.healthcare-informatics.com/news-item/survey-patient-portal-usage-growing-despite-reservations
The same mistakes can happen internally.
If the health information is put in the PHR by a patient, or subscriber, whatever, what if information is wrong, typo, like blood type,? What if a hospital, emergency, etc., uses the information in a PHR to treat a patient and its wrong information? Who is liable?
Just reported by FBN, sheriff in Dallas Apt. of dead victim is now under observation. He is showing Ebola like symptoms.
I didn't take it as a mandate, I just didn't understand. I thought you & he got along well. Stay safe.
Afternoon, I can not do PM, but I just sent you an email asking why you needed me to send it to BL & not you?
This one I'll grant you is a POS & the CEO is a crook. I used to watch it closely about 3 years ago but there is no need to watch it now.
Its dead, done & over, but it is nothing like the other stock you referred 2.
Ted Ward is still with MMRF & has his office inside theirs. He has been in court every time BL & MMRF were there.
Warning: Stocks Will Collapse by 50%
Saturday, 27 Sep 2014 03:54 PM
By Newsmax Wires
Read Latest Breaking News from Newsmax.com http://www.Moneynews.com/MKTNews/Stock-Collapse-Crash-Alert/2014/09/23/id/596321/#ixzz3Edv4IrXe
Urgent: Should Obamacare Be Repealed? Vote Here Now!
http://www.moneynews.com/MKTNews/Stock-Collapse-Crash-Alert/2014/09/23/id/596321/?dkt_nbr=tt24vqb9
Thank you, stay safe.
Afternoon Bettindad, I'm hoping you & your lawyer friend are correct. But how will a fast discovery cost the defendants millions of dollars did he explain? Also I wished you would have joined us.
Though I believe we will see settlements before trial, PPS will probably remain low till then.
John Fuisz, co-founder of The Fuisz-Kundu Group and an attorney for MyMedicalRecords, said, "MMR is pleased the Court denied Defendants' request to stay discovery and instead opened discovery and set a comprehensive schedule leading to a trial date.
Many Primary Care Patients Will Use Personal Health Records
Clinician characteristics and work flow innovations affect usage
MONDAY, Sept. 15, 2014 (HealthDay News) -- A substantial proportion of primary care patients will use online personal health records that interact with the electronic health record, according to a study published in the September/October issue of the Annals of Family Medicine.
Alex H. Krist, M.D., M.P.H., from Virginia Commonwealth University in Richmond, and colleagues performed a mixed methods assessment of a proactive implementation strategy for a patient portal offered by eight primary care practices. The researchers performed prospective assessments of practice implementation strategies, portal use, and factors influencing use.
They found that 25.6 percent of patients used the interactive preventive health record (IPHR), with the rate increasing 1 percent per month over 31 months. Nearly one-quarter of users (23.5 percent) signed up within one day of their office visit. IPHR use was more likely among older patients and patients with comorbidities but less likely among blacks and Hispanics. After adjustment for comorbidities, older age diminished as a predictive factor. There were significant differences in implementation by practice (from 22.1 percent to 27.9 percent). Clinician characteristics and work flow innovations adopted by practices to enhance uptake affected implementation.
"By directly engaging patients to use a portal and supporting practices to integrate use into care, primary care practices can match or potentially surpass the usage rates achieved by large health systems," conclude the authors.
http://www.physiciansbriefing.com/Article.asp?AID=691671
Less than One-Third of Consumers Access Health Records Online
Greg Slabodkin | SEP 16, 2014 | 7:48am ET
Only three in 10 individuals had online access to their medical records last year, according to results of a national survey reported in a new data brief from the Office of the National Coordinator for Health IT.
“This is likely related to providers’ limited capabilities prior to implementation of Stage 2 Meaningful Use,” state ONC authors, who point out that fewer than half of all office-based physicians in 2013 had the computerized capability to provide patients the ability to view, download and transmit electronic health record data, and only about a quarter routinely used this capability. Among hospitals, ONC reports that last year fewer than half offered patients access to view health record data, with substantially fewer offering download or transmit capability.
“We expect this percentage will grow as providers’ capabilities increase,” state the authors. Nonetheless, ONC’s brief acknowledges that “performance among eligible professionals who are early attesters of MU2 show low levels of performance on this measure compared to some other MU2 measures.”
The findings are based on a nationally representative survey of more than 2,100 respondents. Using data collected in 2013, the ONC brief provides the “first comprehensive look at the state of consumer access and use of online health records,” states a Sept. 15 blog from the authors from ONC’s Office of Planning, Evaluation, and Analysis and Office of Consumer e-Health.
About one-third of individuals in the survey also reported a gap in health information among their providers or between themselves and their providers. These gaps included one or more of the following: had to bring an X-ray, MRI, or other type of test result to provider appointment; had to wait for test results longer than individual thought reasonable; had to redo a test or procedure because the earlier test results were not available; had to provide medical history again because individual’s chart could not be found; and had to tell a provider about medical history because they had not gotten records from another provider.
At the same time, the survey reveals that among individuals offered access to their online health records, 46 percent viewed their online record at least once--a rate more than nine times higher than the Stage 2 MU requirement.
“The threshold established for Meaningful Use Stage 2 is that at least five percent of unique individuals given access to online health records should view, download, or transmit those records at least once,” state the authors. “In this survey, almost half of all individuals given online access viewed their record at least once.”
Three-quarters of individuals in the survey who accessed their online record used it to monitor their health. Among individuals who accessed their health information online, about 4 in 10 downloaded their information and about 10 percent sent information from their online record to other technology such as apps and personal health record systems. And, more than 4 in 10 individuals shared their health record with others, including their provider, “suggesting that individuals may be using their online record to address potential gaps in information exchange,” conclude the authors.
http://www.healthdatamanagement.com/news/Less-than-One-Third-of-Consumers-Access-Health-Records-Online-48807-1.html#comments
This company is dead, the CEO is a crook / scam artist & the stock I & many others own are a POS.
Soar thank you for informing us of the Charlie Rose interview with Apple's CEO Tim Cook. I was able to find it & watched it. If anyone else would like to view it you can find it here...
http://www.tuaw.com/2014/09/14/first-hour-of-tim-cooks-interview-with-charlie-rose-is-live/?ncid=rss_truncated
The part on health care is about 7:30 minutes in.
Thanks again Soar I 2 am a long time investor in MMRF.
Stay safe.
Welcome Joeman, I haven't heard of anything.
That article was posted back almost a month ago & it hasn't helped.
I wanted what XSNX paid to get that article posted?
It makes since, you don't want licensee knowing what the other licensee are paying for the use of your product. Ruins all negotiating.
I have to say it will also upset shareholders, but they will just have to wait on quarterly reports.
This Is A Joke.
you guys will become millionaires, or have millions added to your status.
Go MMRF to all of us (380 Board Members) that are long & strong on this stock. And that hasn't changed in a few years.
I 2 believe you will see settlements from some of those defendant's in the weeks to follow.
Go MMRGlobal, Inc. | Go Bob Lorsch | Go MMRF Boyardee's
Sunday Go Chiefs!
Stay safe all..........
Thanks for the spelling lesson, English was never my subject in school.
How does this response though that you sent me refer to mine on BJ77. I think something's wrong there.
Yes, I have read Judge Otis Wright's ruling. Good news for MMRF.
Looks like little ol' David will get to take BIG BAD Goliath ('s) in front of a jury of their peers.
Peers Defined: The common ordinary man / woman trying to survive, make a living, amongst the BIG BAD Corporations / Wall Street.
Go MMRGlobal, Inc. / Go Bob Lorsch / Go MMRF Long's Boyardee's
Sunday, Go Chiefs!!!!!!!!!!!!!!!
They said that about Microsoft & Windows Patent.
Technology will change or a workaround made soon
Thanks EZ, I know we haven't heard from him since 08/09. And he & I would email 1 another frequently. I hope he is alright but I'm thinking something is wrong. Sent him a few emails & no response.
Now that's Funny EZ. Does anyone know what has happened to BlackJack77? Haven't heard from him in a lonnnnggggg time.
FE911, I got the PDF file & I thank you for supplying it to all of us. Tell we chat again, have a wonderful weekend my friend. LMAO!
Go MMRF, BL & all of us longs holding this stock.
I wonder where many of the posters went? LMAO!
Meant nothing personal & excuse me if I hurt feelings. But this piece of $hiz is only good for a tax right off now. Stay safe.
This company is DEAD, your link to the companies website is nice but if you look the latest news release is like Sept. 11th 2012
Would the hearing be going on today & possibly tomorrow as well? Does anyone know?
Another reason why the MyMedicalRecord PHR will soon be needed. 2 separate articles, posted 1 of them but both links at the bottom.
Wal-Mart is now a primary care provider — There are only two ways to respond
Wal-Mart plans to open a dozen primary care clinics within a small number of its retail stores by the end of 2014, according to a New York Times report from last week.
The retailer has opened five primary care clinics in rural markets in Texas and South Carolina, and will open a handful more by the end of the year — a move suggesting the retailer is getting more serious about playing in the healthcare arena. The openings of the five existing clinics didn't receive much media attention, perhaps, as Dan Diamond, managing editor at The Advisory Board Company surmises, because the clinics are located in smaller healthcare markets, like Sumter and Florence, S.C.
Why this play is different
Wal-Mart currently leases out space in roughly 100 of its stores to health systems, but the discount giant says the clinics it plans to operate will offer more comprehensive services beyond those — such as chronic disease management — that its leased facilities do, according to the NYT report. Plus, it can do so at a lower cost.
Wal-Mart is explicitly marketing the clinics as "primary care" service locations, writing on its website that its "expanded scope of coverage enables us to be your primary medical provider." [Emphasis mine]
This differentiates the clinics from those in CVS and Walgreens, which offer a limited number of retail-based urgent care services.
For Walgreens' part, it announced last year it would offer expanded services, like chronic disease monitoring, at its 400 clinics across the country, but the company does not "market the facilities as primary care clinics, a spokesman, John Cohn, said, adding that the company 'strongly' encourages patients to seek continuing care elsewhere," according to the NYT report. Walgreens also recently launched a consumer-friendly app for tracking health behaviors, and will reward users with vouchers for purchases (See: "Is Walgreens doing more for population health than you?")
The move by Wal-Mart to significantly expand its primary care offerings at its rural locations "within seven years," according to an announcement the company made last year, also represents diversification efforts by the retailer, which has experienced declining sales in the past five quarters.
Why the move should worry you
Wal-Mart's explicit foray into primary care should be concerning for existing healthcare providers on its own (after all the brand is known for wielding its market power to drive down costs), but also because it won't partner with local health systems, like Walgreens' Healthcare Clinic and CVS' MinuteClinic have done.
"Walmart also says it will be better off working with just one partner, QuadMed, instead of multiple partners that each run a handful of clinics, which was the model used in its acute care clinics," explains the NYT report.
Instead, it's selected one partner — QuadMed — to staff its clinics with mid-level providers and supervising physicians. QuadMed, which was launched in 1991 by a printing company executive fed up with rising employee healthcare costs, has traditionally staffed and managed employer-based clinics.
Plus, Wal-Mart clinics are conveniently located and cheap.
Always low prices, and definitely lower than yours
Wal-Mart's new clinics will not accept private insurance — though a company spokesperson told the NYT it is exploring the option. Instead, it will charge just $40 per visit — the same amount many insured pay as a co-pay. It also accepts Medicare and plans to accept Medicaid at certain locations. But here's the kicker: It's roughly 1 million employees can receive services for just $4 a visit! That's something to take note of: If your health system is treating Wal-Mart workers now, it will probably treat fewer and fewer (at least for primary care services) in the years ahead.
Is Wal-Mart too late to the game?
I've written extensively on this blog about the coming disruption in healthcare; however, I've also written that legacy companies don't automatically perish if they fail to disrupt. Instead, their future success lies in their ability to adapt in the face of disruption.
Wal-Mart is poised to do both. It's adapting to other retailers', like Walgreens', disruptive entries into providing healthcare services. And it's becoming a disruptor in its own right by extending the retail-clinic model and disrupting the business model of traditional healthcare providers.
A Forbes article on Wal-Mart's primary care foray sums up the biggest reason Wal-Mart is likely to succeed: "Walmart's corporate strategy has never been about first-mover advantage — it's about distribution efficiency and cost management," said Alicia Daugherty, who oversees marketing and planning research at The Advisory Board. "Coming in a little later in the game allows them to capitalize on markets created by others, and learn from others' mistakes."
Right now, Wal-Mart's clinics are planned for rural locations, but with more than 4,200 stores across the U.S., there's no reason the company wouldn't expand if the first clinics perform well.
What does this mean for non-retail healthcare providers? Your two options
Certainly, competition for primary care services is about to get much harsher. You have two plays: Either find a way to compete with the Wal-Marts, Walgreens and CVS of the world for primary care, or make sure their providers are referring more complex cases to you.
As Kenneth Kaufman, chair of Kaufman Hall, recently wrote in an article for Becker's:
"Even speed, strong ideas, and sizable resources do not guarantee success. For Wal-Mart and hospitals alike, innovations will need to yield sizable results to replace revenue likely to be lost due to business-model disruption. Yet, while aggressive efforts at transformation do not ensure success, staying with a legacy business model in a changing environment is an even riskier proposition."
http://www.beckershospitalreview.com/healthcare-blog/wal-mart-is-now-a-primary-care-provider-there-are-only-two-ways-to-respond.html
http://ducknetweb.blogspot.com/2014/08/wal-mart-now-opening-primary-care.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2FPHZF+%28The+Medical+Quack%29