"accountable care" articles

New research from Parks Associates shows smartwatch sales will reach almost 18 million units worldwide in 2014 and 121 million in 2018. Furthermore, the number of connected digital trackers sold worldwide rose from 6.6 million in 2012 to 13.6 million in 2013 and will double again in 2014 to exceed 22 million. By Parks Associates' estimates, connected trackers will account for 52% of all digital fitness tracker unit sales in 2014 and reach 81% by 2018 (66 million units)....

Passed in the spring of 2010, The Patient Protection and Affordable Care Act includes provisions that almost certainly will harm the medical device industry. The most immediate and harmful provision of the Affordable Care Act is a medical device excise tax of 2.3% on medical device revenues, scheduled to go into effect in 2013. The tax is estimated to generate $20 billion in tax revenue annually and is to be levied on the total revenues of a company, regardless of whether the company is...

The Patient Protection and Affordable Care Act ("Affordable Care Act"), passed in the spring of 2010, has some favorable provisions for health insurers. The law, after its full enactment in 2014, will require near universal coverage, resulting in a net addition of 35-40 million members to the existing insured pool. Private health insurers will benefit from enrolling low-risk populations, e.g., people who opt out of an employer-sponsored insurance plan due to belief that they...

The Patient Protection and Affordable Care Act ("Affordable Care Act") passed in the spring of 2010 and took effect near the end of September. Although there will be attempts to repeal some portions of the law, Parks Associates believes most of the provisions will stay unaffected and have a positive impact on the long-term prospects of the digital health industry. Of course, given the complexity of our health system, the interconnected relationships among various stakeholders,...

Mobile carriers to open new market opportunities in healthcare with wireless technologies The U.S. market for wireless home-based healthcare applications and services will grow at a five-year cumulative annual growth rate of over 80% and become a $4.4 billion industry in 2013, according to Wireless Healthcare: Analysis & Forecasts. The report from international research firm Parks Associates predicts the push for healthcare reform from the Obama Administration will ultimately...

Ever since the Obama administration unveiled its healthcare reform initiatives and associated budget plans, electronic medical record has received a substantial amount of attention. This week, a survey result showing that only 9% of the nation’s hospitals have electronic medical records caused quite a stir among pundits, medical professionals and policy makers. Two major sponsors of the study are the federal government and the Robert Wood Johnson Foundation and the survey is based on a...

New technology-enabled monitoring solutions and services will reshape the diabetic care market and earn $1.4 billion in product and service revenues by 2013, according to Parks Associates’ Executive Update: Enhancing Diabetic Care through Intelligent Medical Devices. This executive update finds companies like Medtronic, Cardiocom, Diabetech, and Healthways are developing new products and service models in response to this paradigm shift in diabetic care. They are laying the...

GE made an unspecified amount of investment in New York-based QuietCare Systems in early October, 2008. At the same time, the two companies announced a technology collaboration and co-marketing arrangement. During the last two weeks, I have managed to locate executives from the two companies and here is what I learned. -GE Healthcare will help market Quietcare’s Living Independently product line and services under the brand “Quietcare by GE Healthcare.” David Stern,...