Latest Biotechnology, Pharmaceutical and Healthcare News from Lab Soft News

19:08 EDT 24th March 2018 | BioPortfolio

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Showing News Articles 1–25 of 94 from Lab Soft News

Thursday 22nd March 2018

The Faltering Effort to Develop an NIH Biobank; Time to Pull the Plug?

For three years, the NIH has been trying to build a biobank containing personal health information plus DNA analyses for one million U.S. citizens. However, not a single person's DNA has yet been sequenced. This NIH project was discussed in a recent article in the NYT (see: The Struggle to...

Wednesday 21st March 2018

First Blood Test for Traumatic Brain Injuries Receives FDA Approval

I have posted a number of previous notes about traumatic brain injury (TBI) with some attention to the need for a biomarker to rapidly diagnose the lesion (see, for example: NFL Physician Says Diagnosis of "Chronic Traumatic Encephalopathy" Lacks Validity; Biomarker Proposed to Detect Traumatic Brain Injury; Possible Future Scenarios)....

Monday 19th March 2018

What's Next Legally for Elizabeth Holmes? Criminal charges from the DOJ?

A long-time reader of Lab Soft News, Barry Portugal, submitted a comment in response to my recent note about the legal problems of Elizabeth Holmes, founder of Theranos (see: Elizabeth Holmes, Founder of Theranos, Charged by SEC with Massive Fraud). Below is his comment: Holmes' and her CEO's monetary penalty...

Friday 16th March 2018

Theranos "Demo's" Would Not Have Fooled Competent Lab Professionals

In a recent note I discussed the fraud charges that have been brought against Elizabeth Holmes, founder of Theranos (see: Elizabeth Holmes, Founder of Theranos, Charged by SEC with Massive Fraud). In the final paragraph of this note, I questioned how the executives of Pharmacy A (possibly Walgreens) could have...

Wednesday 14th March 2018

Elizabeth Holmes, Founder of Theranos, Charged by SEC with Massive Fraud

Elizabeth Holmes, the funder of Theranos, has been called a number of things over the years such as wunderkind but never fraudster -- until today. The SEC charged her and Ramesh "Sunny" Balwani, president of Theranos, with massive fraud (see: Theranos CEO Holmes and former president Balwani charged with massive...

Tuesday 13th March 2018

U.S. Coast Guard EHR Project Ends in $67M Fiasco

The VA and the military continue to have problems managing large IT projects and particularly those relating to EHRs (see, for example: Why the Military and the VA Healthcare Systems Are Not Amenable to Change; Epic Partners with IBM for Military EHR Proposal; This May Be a Problem; VA-Cerner EHR...

Eric Schmidt Discusses the Potential Value of Predictive Analytics in the ER

For me, one of the major future changes in diagnostic medicine will be the use of predictive analytics based on deep learning and big data (see: Integrated Clinical Research Databases: A New Way to "Monetize" Clinical Data; What Are the Consequences of Big Tech Entering the Healthcare Market?). This new...

Tuesday 6th March 2018

Genalyte Reveals a POCT System with QC in the Cloud

The time is ripe for bringing to market a POCT analyzer with a relatively large test menu that can be managed by less skilled operators and requires micro-samples. That seems to be the business model for Genalyte (see: Real-time In Vitro Diagnostic Results at the Point of Care?). Below is...

Thursday 1st March 2018

Could Apple or Amazon Make a Dent in the Hospital EHR Market?

I have posted previous notes about the ambitions of both Apple and Amazon in the healthcare market (see: What Are the Consequences of Big Tech Entering the Healthcare Market?; Three Major Corporations Will Form Healthcare Company for Their Employees). A recent article asked the question as to whether either could...

Tuesday 27th February 2018

Using Big Data to Discover Comorbitities Associated with Psoriasis

I have made reference to "big data" in previous blog notes (see: Mount Sinai's Icahn School of Medicine Pioneers the Use of Big Data to Study Diabetes; More Discussion about Big Data; Relevance for Healthcare). A commonly accepted definition for big data is the use of extremely large data sets...

Thursday 22nd February 2018

Sunquest Signs Contract to Provide LIS Support for 124 Hospitals in Australia

Sunquest Information Systems is embarking on a project that has the potential to change the face of lab computing. It has signed a contract to provide lab computing support for all of the hospitals in the state of Queensland, Australia, which has a population of about 4.5 million people (see:...

Monday 19th February 2018

One-Click Healthcare with Amazon; Narrow Networks Yield Savings and Quality

The recent announcement that a trio of powerful companies, Amazon, Berkshire Hathaway and JPMorgan were entering the healthcare market has caused major reverberations on Wall Street and other sectors of the economy (see: Three Major Corporations Will Form Healthcare Company for Their Employees). The announcement has caused speculation about their...

Thursday 15th February 2018

Equifax Releases Credit Locking App That May Not Work; Try Credit Freeze

Equifax is giving software a bad name. First there was the huge database breach of the company in the Fall of 2017 (see: Massive Equifax Data Breach Could Affect Half of the U.S. Population). Not only was this a major database security mishap but the company did not endear itself...

Tuesday 13th February 2018

Intermountain Precision Genomics to Develop Hereditary Cancer Gene Panels

The emerging healthcare model which is dominated by a small number of very large health systems will be characterized, in part, by in-house, sophisticated genomic and molecular lab testing by these systems. This is because these large health systems will have the capital to invest in their own "laboratories of...

Friday 9th February 2018

Medical Chatbot Improves Patient Response Rate for Flu Shot Reminders

One of the continuing challenges in healthcare is developing techniques for communicating with patients in an efficient and effective way. The goal of such a conversation may be to remind them about an appointment or perhaps persuade them to take some action regarding their health. A recent article addressed a...

Wednesday 7th February 2018

Inspirata Acquires Omnyx from GE Healthcare, Achieving an End-to-End Solution

The business model of Inspirata is relatively unique compared to other companies connected to digital pathology. The company seeks to enhance the digital pathology workflow of its clients presumably pathology departments and consulting firms. Here is a summary of the company goals copied from the company web page (WELCOME TO...

Monday 5th February 2018

Pathology Informatics Webinar on Precision Medicine; February 20 at 1:00 p.m. ET

You are all invited to participate in an upcoming free webinar entitled: The Challenges of Enabling Precision Medicine Diagnostics. This is part of a continuing series of presentations sponsored by the Association for Pathology Informatics (API) and Sunquest Information Systems. The webinar will take place on Tuesday, February 20, at...

Saturday 3rd February 2018

Fitbit Bands Collect Data Describing Six Billion Nights of Sleep

We are entering a new era when billions of data points relating to health are being collected via health wearables such as Fitbit bands. A recent article revealed some fascinating information about the sleep patterns of many people in the U.S. (see: What Fitbit's 6 billion nights of sleep data...

Thursday 1st February 2018

Three Major Corporations Will Form Healthcare Company for Their Employees

Major tech companies like Microsoft have not been very successful in "disrupting" healthcare in the past (see: What Are the Consequences of Big Tech Entering the Healthcare Market?; Microsoft's Amalga/HealthVault Strategy Becomes Obvious). However, a recent announcement by Amazon, Berkshire Hathaway, and JPMorgan Chase that they were forming a new...

Wednesday 31st January 2018

Shutdown of Claritas Genomics Comes as a Surprise to Lab Community

The recent shutdown of Claritas Genomics came as a surprise to many lab professionals with some reports making reference to the possibility that inadequate reimbursement for genetic testing may have been the root cause (see: Sudden Shutdown of Claritas Genomics After Five Years as A Leading Source of Pediatric Genetic...

Saturday 27th January 2018

Hospital Groups Plan to Launch a Company to Manufacture Generic Drugs

Manufacturers of generic drugs like Teva Pharmaceutical have been suffering serious financial reverses (see: Teva warns on profit as drugmaker's problems deepen). Moreover, periodic shortages of generic drugs have been exacerbated by the fact that some of them are manufactured by only one company (see: New Study Highlights Escalated Dangers...

Thursday 25th January 2018

Apple Has Plans to Copy EHR Records to iPhones and Apple Watches

A few weeks ago, I posted a note about "Big Tech" trying to enter the healthcare market (see: What Are the Consequences of Big Tech Entering the Healthcare Market?). Here's a quote from that note: My own view about the future of Big Tech in healthcare, in addition to the...

Monday 22nd January 2018

VA-Cerner EHR Deal Paused Over Interoperability Concerns

In August, 2015, I blogged that Cerner had secured a contract to provide a global EHR to the military (see: Cerner/Leidos/Accenture Secure EHR Contract for a Global Military EHR). At that time, I made the following comment about the deal: As to Epic "failure" to win the contract, I suspect...

Friday 19th January 2018

Allscripts Hit by Ransomware, Knocking Some Services Offline

EHR vendor Allscripts was reported to have been hit by ransomware yesterday (see: Allscripts hit by ransomware, knocking some services offline). Users took to Twitter to complain about the company's cloud EHR being down, with some unable to access patient information all day. The Allscripts website and Twitter account don’t...

Wednesday 17th January 2018

How to Explain the Increasing Use of the Term LIMS Instead of LIS

For about the last four decades, the term laboratory information system (LIS) has been used to describe computer systems installed in hospital pathology departments. By way of comparison, the term laboratory information management system (LIMS) was used to refer to systems installed in research laboratories and in industrial labs such...

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