Blog articles from 07/2009

This morning CardioNet announced that effective on September 1, 2009, Medicare will cut payment rate for mobile cardiac monitoring service (code 93229) from $1,123 to $754, a 33% reduction. The rate cut has been in the rumor mill for some time, but CardioNet’s management only recently reduced its guidance for 2009 revenues and earnings. It appears that the rate cut is deeper than management’s expectation as the company’s stock tanked 30% after a 40% drop just a week and half ago....

Parks Associates is supporting SUPERCOMM 2009 on October 21-23, 2009 in Chicago, Illinois. SUPERCOMM showcases the business and technology solutions you need to maximize your network and offers the applications and services your customers demand. It's the international showcase for a new industry, a new economy and a new world of broadband communications. In just four days, you'll meet and talk with the visionaries, executives and engineers transforming an industry and changing the...

TiVo, the Silicon Valley company that popularized the digital video recorder, and Best Buy, the national electronics chain, are forging a broad partnership. On Thursday, the companies plan to announce that Best Buy will heavily promote TiVo products in its 1,100 stores in the United States. TiVo will develop a version of its set-top box, to be sold in Best Buy stores, that will let the retailer advertise its products and services to TiVo subscribers on their home televisions Read...

Value-added services, stimulus funds will help increase subscriber numbers -- The demand for high-bandwidth applications will jump in the next few years as the number of households worldwide with broadband will reach close to 650 million by 2013, according to international research firm Parks Associates. The firm’s new report Broadband Services: Global Outlook warns that service providers will have to continue investing in network technologies to accommodate multiple services such as...

Parks Associates is supporting the IPTV World Forum North America from July 20-21, 2009 at the Millennium Broadway Hotel, New York. The IPTV World Forum was developed as a direct response to the rapid growth in the marketplace, bringing together operators, technology partners and content providers to explore and define the IPTV evolution.