September 2007

BUSINESS

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LifeSize bags Birmingham Cancer Network contract in UK, expanding business in India for the fast growing audio-video market

LifeSize – the high definition video communications company, recently announced their success in wining a deal from Pan Birmingham Cancer Network in UK, for providing high definition video communications for their new telemedicine program.

By aiding a network responsible for the care of 1.6 million people, the LifeSize systems are playing a vital role in the diagnosis, treatment and care of cancer patients. Network clinicians, are already using the technology to regularly review cases and adopt or change courses of treatment. Apart from saving consultants' time, the system also enables hospitals to provide more timely patient care. In addition, it allows for more inputs from specialists at other sites who otherwise might not have been able to attend.

LifeSize Communications, also announced its plans of expansion in the Indian market by signing distribution agreements with leading resellers like – Actis Technologies, Enkay Technologies and SEC Communications, in addition to its existing channel partner, PLUS Business Machines.

With a large number of systems already installed in India, LifeSize and its partners aim to reach out to customers in key verticals such as government, large enterprises, BFSI, telemedicine, the education sector and the technology and service industries. 

[According to industry estimates, the audio-video conferencing industry in India stood at Rs. 100 core at the end of 2006-07, up from Rs. 65 core in the preceding financial year and is likely to grow at a CAGR of 24.9% through 2011 — to be included as a special window item just after this news]

LipidLabs acquires and adopts 'Telemedicus (TMI)' corporate name and technology

LipidLabs, Inc. announced its board resolution that adopts the Telemedicus (TMI) corporate moniker as they move forward into the telemedicine marketplace. LipidLabs has recently purchased the assets of Telemedicus, Inc., including the “Disaster Relief and Emergency Medical Services (Dreams) Technology” and related communication equipment and technology developed by Texas A&M University.

The 'Dreams Technology' was developed through a $20 million funding from Department of Defense  for cutting-edge emergency medical response projects. Through high-quality video, doctors in hospital emergency rooms can see and direct the first responders' treatment of the patient. This technology improves trauma victims' probability of survival, especially in remote areas, offshore drilling and battlefields beyond the physical reach of medical specialists in well-equipped trauma centers.

The Telemedicus technology has been in operation since 2003 in Houston and in Liberty County, Texas. It can be used to treat trauma casualties anywhere conventional advanced emergency medical treatment is unavailable – in military operations, offshore drilling operations and in rural areas.  

Healthcare on-the-fly : MedLink to provide medical support to Spirit Airlines passengers

MedAire Inc., a global provider of remote medical education, expertise and equipment, recently announced that US based Spirit Airlines will add MedAire's 24/7 MedLink Global Response Services to its entire fleet. (Spirit Airlines Inc. is the largest Ultra Low-Cost Carrier in the US, Latin America and the Caribbean).

MedLink will provide flight attendants and pilots with a one-call solution for in-flight medical situations, through board-certified physicians working at a level-one trauma center in Phoenix, Arizona.

As part of the three-year agreement, crew members on-board Spirit's fleet of 36 aircraft will have 24-hour access to MedLink from anywhere around the world, using the aircraft's existing communications system. MedLink physicians, who have extensive experience in the field of aviation-specific medicine, manage thousands of medical emergencies every year.

LipidLabs acquires and adopts 'Telemedicus (TMI)' corporate name and technology

LipidLabs, Inc. announced its board resolution that adopts the Telemedicus (TMI) corporate moniker as they move forward into the telemedicine marketplace. LipidLabs has recently purchased the assets of Telemedicus, Inc., including the “Disaster Relief and Emergency Medical Services (Dreams) Technology” and related communication equipment and technology developed by Texas A&M University.

The 'Dreams Technology' was developed through a $20 million funding from Department of Defense  for cutting-edge emergency medical response projects. Through high-quality video, doctors in hospital emergency rooms can see and direct the first responders' treatment of the patient. This technology improves trauma victims' probability of survival, especially in remote areas, offshore drilling and battlefields beyond the physical reach of medical specialists in well-equipped trauma centers.

The Telemedicus technology has been in operation since 2003 in Houston and in Liberty County, Texas. It can be used to treat trauma casualties anywhere conventional advanced emergency medical treatment is unavailable – in military operations, offshore drilling operations and in rural areas.

Life-saving technology gets an upgrade in Northern Canada

Life saving diagnosis of a patient who survived stroke in North Bay, Canada with remote assistance from a neurologist 300 Km away in Toronto via telecommunications technology and digital brain images captured and transmitted by using computers, cameras and software have recently been held up as a testament to the technology upgrade initiative of Northland Transportation Commission.

The commission's telecommunications branch will invest about $4 million to improve and expand bandwidth and security for healthcare services. The work will allow all 117 hospitals in North Canada to link up to a high capacity healthcare network.

This $12 million project to be implemented over the next five years will be done in collaboration with Smart Systems for Health Agency – a telemedicine services firm, along with telecom partners – Hydro One Telecom and Ontera.

Affiliated Computer Services, Inc. to implement Malta Government's integrated healthcare IT systems project

Affiliated Computer Services Inc. has signed a Euro 15 million contract with the Government of Malta for delivering an integrated healthcare IT system to improve patient care. 

Named as 'Integrated Health Information System' (IHIS), the project will result in the installation of state-of-the-art digital medical equipment at Mater Dei Hospital – the nation's largest care facility.

ACS Healthcare Solutions' picture archiving and communication systems, radiology information systems and library information systems will be installed at Mater Dei in an effort to vastly improve clinical care records and documentation.

By initiating this project, the Ministry of Health in Malta started its effort to provide high quality medical and healthcare services for citizens and also build provisions for planned future expansion of  Malta's healthcare network

Anoto Group's 'Forms Solution' for healthcare sector promises to greatly increase operational efficiency of hospitals

Anoto Group, the pioneer in Digital Pen & Paper (DPP) technology, has launched the Anoto Forms Solution, a ready-made hardware and software package that will enable the healthcare market to roll out DPP applications more quickly and easily.

The bundle is designed to electronically capture and transmit data that has been entered into paper based forms by healthcare workers, dramatically reducing administration time for all staff. The Anoto Forms Solution includes the first ever Anoto branded digital pen, which will be available exclusively as part of the new package.

Anoto Digital Pen and Paper technology automatically stores what a user writes or draws. The pen records what is being written on to a form printed with Anoto special dot pattern. This data is transmitted back to a PC or server via a docking station or a mobile phone, without the need to type up notes.

It has a successful track record in the healthcare sector for improving staff productivity and reducing costs by making form- ased processes more effective, without changing existing working routines or re-training staff.

Frost & Sullivan confers Raytel Cardiac with the '2007 North American Market Leadership Award' for the cardiac monitoring and diagnostic services segment

Frost & Sullivan has selected Raytel Cardiac Services as the recipient of the 2007 North American Award for Market Leadership in the cardiac monitoring and diagnostic services market, by commending the company for its dominant presence in pacemaker services and its significance in other ambulatory monitoring segments.

Pacemaker monitoring is an established service market segment in ambulatory monitoring. These services stem from the need to routinely get checkups on implanted pacemakers. As some checkups can be accomplished simply over the phone, it has created a lucrative market for health service providers.

According to Frost sources, Raytel Cardiac is also offering various value-added components to its services, for example, the large variety of options in payment and service.  Beginning with basic data acquisition from the device, Raytel's services include the interpretation of the report by a consulting physician, if requested. Moreover, the company has gained recognition for maintaining the highest level of quality of technicians and reporting services. It also provides everyday notification to physicians to meet the prescribed criteria for their services.

IBM/Mainsoft Portal Solution to Serve Medical Community
  
IBM and Mainsoft Corporation, recently  announced that the Belgian University Hospital Ghent (UZ Gent) has chosen IBM WebSphere Portal Version 6.0 to develop a self-service virtual information center for its 5,000 staff members, students, healthcare professionals, plus more than 380,000 patients and their families that visit the hospital each year.

Using the .NET-Java interoperability software from Mainsoft, UZ Gent's .NET development team will use the Visual Studio 2005 development environment to integrate its existing .NET application framework, 15 strategic .NET applications, more than five terabytes of data stored in an Oracle database, and an LDAP (Lightweight Directory Access Protocol) repository.

According to Dr. Bart Sijnave, CIO, UZ Gent the choice of IBM's open architecture and Mainsoft, because of the platform-independent nature of the solution, which will help to respond quickly to emerging needs and changing technological circumstances. 

Expected benefits include, enhanced communications with patients and their families, who will use the portal to locate doctors, request their medical records, make appointments and pay bills online, as also, streamlined collaboration with health professionals who will be able to make referrals, request consultations, transfer patients and access continuing education programs, and unique entrance for researchers and students to exchange knowledge and best practices in healthcare. And also reduced operational expenses associated with managing patient records, information exchanges and billing.

Fortis Plans To Establish Medicity In Gurgaon

Fortis Healthcare recently revealed plans to set up a medicity in Gurgaon, and another 28 hospitals all over India by 2010. The group will invest Rs 1,800 crore (approx. USD 438 million ) on the project.

In the next three years, they  plan to become a national player and are eyeing the western and southern parts of India market. Post-expansion, the company is aiming to have 7,000 beds, treat 1.75 million patients and carry out two lakh operations and surgeries yearly. For this purpose, they intend to have 40 hospitals under the Fortis group across 14 states by 2010. The group will invest Rs 800 crore on the medicity project at Gurgaon, while the remaining funds will be intended for establishing or developing 28 hospitals.  The total expenditure for the growth at Fortis that comprises management deals and acquirements, greenfield plants could be to the tune of half a billion dollars. Out of which, the company's involvement would be about Rs 1,000 crore (approx. USD 243 million).

IBA health reports 50% Increase In Profit

IBA Health Limited (ASX-IBA), the largest health information technology company listed on the Australian Securities Exchange, recently announced a profit after tax (after minorities) of $22.9 million for the year till 30 June 2007, up by 50 per cent from FY2006. Revenue increased by 26% per cent to $74.7 million.

IBA Health provides information and communication solutions to connect providers, payers, patients and communities, it now has a presence in five Asian countries as well as in the Middle East, Africa, Australia and New Zealand. With their world class solutions,  low cost infrastructure, centre of excellence in Bangalore and a network of offices throughout the region they are well positioned to capitalise on major opportunities as these countries upgrade their health infrastructure. The results reflect the continuing success of their acquisition strategy and their ability to unlock the value of these acquisitions to generate organic growth. 

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