CORAL GABLES, FL / ACCESSWIRE / November 30,2018 / The Global Connected Healthcare Market was valued at USD $1,860.26 million in2017, and is expected to grow at a CAGR of 28.3% by 2025. This is according to new findings from Orian Research*. The report cites that the market is driven by increasing demandof quality healthcare services. North America expected to lead the Connected Healthcare Industry during the forecast period. The latest healthcare models,rise in government spending on automated systems in healthcare, and the adoption of skilled manpower is projected to propel the market growth.
There has been a growing increase in the use of smartphones by physicians leading to a practice of digital health. The global digital health market is expanding at a fast pace. This can be due, in part, to growing demand foradvanced healthcare information system and increasing support from government organizations.
Premier Health Group, Inc. (PHGRF) (PHGI)'s subsidiary, HealthVue is focused on developing proprietary technology to deliver quality healthcare through the combination of connected primary care clinics with telemedicine and artificial intelligence. The company currently has an ecosystem of over 100,000 active patients and has plans to rapidly increase that number both domestically and internationally.
Premier Health Group, Inc. (PHGRF) (PHGI) has engaged discussions with Licensed Producers under the Access to Cannabis for Medical Purposes Regulation, other licensed medical cannabis companiesand government officials in order to establish a framework for both patient and physician education. Furthermore, the Company is actively recruiting additional physicians for its existing clinics and a cannabis-focused physician that is licensed in Canada.
This move could prove to beand exciting one for Premier. The Canadian medical cannabis clinic market is estimated to be worth approximately $2.35 billion by 2025. With this in mind, the company said that it expects to provide additional updates on acquisitions in Q4-18 and Q1-19.
"With over 110,000 active patients in our clinic ecosystem, it is important that we provide them with the best possible information that allows them to make informed decisions about their personal and family's health. Providing our family physicians with the appropriate tools and knowledge to prescribe cannabis or with the ability to refer patients to a specialist within our clinics is a key outcome of this initiative," said Dr. Essam Hamza, CEO of Premier.
Teladoc (TDOC) provides virtual care options for clients and patients. This month, the company announced the launch of Best Doctors Specialty Pharmacy Services, the first virtual care solution designed to tackle rising prescription drug costs using advanced analytics and an expert medical opinion. This unique analytics-driven virtual care solution helps employers and plan sponsors identify members with complex conditions such as Crohn's disease, psoriasis, lupus, or rheumatoid arthritis, and then engages an expert clinical team to carefully review the diagnosis and treatment plan to ensure the right course of action for each patient.
The service is initiated through a data-driven process that proactively and anonymously identifies those within a population who are most likely to benefit from an expert review of their diagnoses, treatment plans, and prescriptions. Best Doctors clinical experts can view an entire population, evaluate a high-risk group, or even identify an individual who would benefit from an in-depth case review.
"We already know that Best Doctors services have
Allscripts Healthcare Solutions, Inc. (MDRX) is a company focused on healthcare information technology solutions that advance clinical, financial and operational results. Allscripts' solutions connect people, placesand data across an Open, Connected Community of Health™.
Earlier this month the company announcedVeradigm as the new branding for Allscripts' Payer & Life Sciences division.Veradigm provides data-driven health insights and analytic solutions designed to increase efficiency and help manage the cost of healthcare.Veradigm's customers include healthcare providers, the life science industry and insurers.
"Veradigm is committed to improving healthcare and affecting positive change for patients by delivering data-driven insights and the advanced tools needed to act on them," says Tom Langan, Chief Executive Officer ofVeradigm. "Delivering on that promise requires next-generation solutions that can make an impact from the point of care to everyday life. That is exactly whatVeradigm was created to do."
Since November 20, shares of Allscripts have climbed from lows of $9.41 to as high as $10.32 this week.
Fate Therapeutics, Inc. (FATE) is a clinical-stage biopharmaceutical company dedicated to the development of programmed cellular immunotherapies for cancer and immune disorders. This morning the company announced that the U.S. Food and Drug Administration (FDA) has allowed its Investigational New Drug Application for FT500, the Company's universal, off-the-shelf natural killer cell product candidate derived from a clonal master induced pluripotent stem cell line. The clinical trial of FT500 is expected to be the first-ever clinical investigation in the U.S. of an iPSC-derived cell product.
The Company plans to initiate first-in-human clinical testing of FT500 in combination with checkpoint inhibitor therapy for the treatment of advanced solid tumors. This study is expected to evaluate the safety and tolerability of multiple doses of FT500, in multiple dosing cycles with nivolumab, pembrolizumab oratezolizumab, in subjects that have progressed or failed on checkpoint inhibitor therapy.
Shares of Fate rose to highs of $15.25 just after market close on Thursday.
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