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Watson Health is IBM’s ‘moonshot,’ here’s the best health story of 2014 (Morning Read)

CEO of IBM Ginni Rometty feels extremely optimistic about Watson Health and the Baird 2015 Growth Stock Conference will feature PerkinElmir.

TOP STORIES

The CEO of IBM Ginni Rometty said on PBS’s Charlie Rose that Watson Health is the company’s “moonshot.”

“If you go back in time, we have participated in some of the most glorious moments of history, whether it might have been the first systems that ever did census and landing a man on the moon,” said Rometty. “I’m telling you our moonshot will be the impact we will have on healthcare. It has already started. We will do our part to change the face of healthcare. I am absolutely positive about it.”

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Healthcare journalism gets a nod with a Pulitzer. The Wall Street Journal staff won in the investigative reporting category for its piece “Medicare Unmasked.”

LIFE SCIENCE

Teva is paying $512 million to settle claims its subsidiary, Cephalon, paid generic drugmakers to keep their drugs off the market.

Counterfeit Botox may have been distributed to doctors’ offices and medical clinics across the United States, the U.S., according to the FDA.

Alnylam Pharmaceuticals’ small Phase 2 study is important because it’s the most “substantial evidence gathered to date showing patisiran’s ability to alter the course of patients’ disease – and a measure of validation for the scientific hypothesis behind RNAi drugs.”

St. Jude Medical to become the only medical device manufacturer to offer radiofrequency ablation (RFA), spinal cord stimulation (SCS) and dorsal root ganglion (DRG) stimulation therapy solutions for the treatment of chronic pain.

Intermittent statin doses may be good enough to keep cholesterol down (while cutting costs).

Nearsightedness continues to increase in children – researchers are looking for ways to combat the growing numbers.

PAYERS-PROVIDERS

Is the pending nurses strike about pay or patient care?

AARP: Observation stays are still complicated, murky and it’s unclear if they bring ROI to patients.

Before the Stage 3 rules of CMS’ meaningful use program get put in place, many practices need to meet the Stage 2 requirements. Physicians Practice provided 10 tips to get up to speed.

Kevin Pho, M.D., has provided tips for physicians trying to up their game with social media in the Spring 2015 edition of Physician Family Magazine.

TECH

A new report from Tractica projects that consumers utilizing home health tech, particularly medical monitoring, diagnosis, and treatment will rise to 78.5 million by 2020, compared with 14.3 million worldwide in 2014.

POLITICS

We may finally get a look at the so-called “new cures” bill to promote better development of medical innovations.

For the first time in nearly three years, people who support Obamacare outnumber those who oppose it. Practically, this means nothing.

Texas Gov. Greg Abbott has backed up Florida Gov. Rick Scott who recently announced his plan to sue the Obama administration over what he called an effort to illegally force Florida into expanding Medicaid under Obamacare.

A LITTLE EXTRA

There has been lots of news about the transgender man, Aydian Dowling, a video blogger, activist and the creator of a clothing line called Point 5cc, has been included in a vote for a spot on the cover of Men’s Health. Turns out, he’s now in the lead. Voting is open until June 21, and the cover photo would be for the November issue.

“I maintain a healthy lifestyle by making sure my life is in a balance,” Dowling wrote on his contest entry post. “As a Transgender Male, having a healthy body and mind is my ultimate goal to find peace within my soul.”

The Morning Read provides a 24-hour wrap up of everything else healthcare’s innovators need to know about the business of medicine (and beyond). The author of The Read published it but all full-time MedCity News journalists contribute to its content.

 

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