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Health IT adoption doubles from 2012 | Healthcare IT News

By News Archive

DHHS

More than half of all eligible providers nationwide have received federal incentive payments for demonstrating meaningful use of electronic health records, rates that have more than doubled since last year alone, HHS Secretary Kathleen Sebelius announced Wednesday.

Sebelius says HHS has met and exceeded its goal for 50 percent of doctor offices and 80 percent of eligible hospitals to have adopted EHRs by 2013’s end.

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StartRight! Women’s Business Plan Competition by the Maryland Women’s Business Center

By News Archive

start-right-competition

The StartRight! Women’s Business Plan Competition was founded in 2003 by Rockville Economic Development Inc. (REDI) to encourage and support women’s entrepreneurship. Currently in its tenth year, StartRight! awards prizes for winning business plans annually. The women who join our competition receive more than the opportunity to win a top prize of $5,000 – they also receive valuable coaching and feedback on their business plan!

There are 3 Prize Categories – Total of $15,000 in prizes with a top prize of $5,000! You select the category in which you wish you plan to be entered.

  1. Technology 
  2. General Business 
  3. Life Science

If you have additional questions or need assistance, contact alicia@marylandwbc.org or call us at 301-315-8096.

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NY Digital Health Accelerator Is a Model to Emulate: Startup’s Perspective – Forbes

By News Archive

NewImage

Zina Moukheiber said the New York Digital Health Accelerator Is a Model to Emulate at the beginning of the program. With the proliferation of accelerators, I thought I’d share an insider’s perspective on what it was like to be in the program now that it is complete. I’ll also share some ideas on how can take it to the next level building off of their already-strong foundation.

Zina described the program as follows:

One of the toughest hurdles for health IT start-ups is getting in front of customers. Doctors are reluctant to pay, and sales cycles at hospitals can take months. Entrepreneurs often inspired by a negative personal experience, and moved to fix the problem, find later that their product doesn’t fit the hospital’s “workflow,” or offers no incentive for doctors to adopt it.

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N. Va. biotech has always been weak. How that could change. – Washington Business Journal

By News Archive

virginia-state-flag

Biotech has never quite taken flight in Northern Virginia. Whether that’s due to the lack of a big corporate anchor or blue-chip research university, the dearth of wet labs, the attraction of a stronger scene in Montgomery County or pure dumb happenstance is anyone’s guess.

But on this side of the D.C. suburbs, the life sciences are not thriving. The story of Virginia biotech right now has much more to do with Charlottesville than it does with Fairfax.

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U.S. Entrepreneurship Rates Reach Highest Level In More Than A Decade – Babson College

By News Archive

OBabson us entreprenuersptimistic and confident in their abilities, a diverse and growing percentage of U.S. citizens engage in entrepreneurship, according to the Global Entrepreneurship Monitor (GEM).

U.S. entrepreneurship rates climbed to the highest level in more than a decade according to the 2012 Global Entrepreneurship Monitor (GEM) U.S. Report issued today by Babson College and Baruch College. In 2012, the average Total Early-Stage Entrepreneurial Activity rate (TEA) increased to nearly 13 percent, an all-time high since GEM first began tracking entrepreneurship rates in 1999.

“Despite a sluggish economy, 2012 was marked by U.S. entrepreneurs reporting greater optimism and confidence in their abilities to start new businesses,” commented the GEM Report’s lead author, Donna J. Kelley, Associate Professor of Entrepreneurship at Babson College. “In fact, nearly 13 percent of the U.S. adult population was engaged in entrepreneurship with the vast majority starting businesses to pursue an opportunity rather than out of necessity. On the downside, Americans closing businesses were twice as likely as those in other innovation-driven economies to cite difficulties financing their ventures.”

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United Therapeutics spoofs ‘Goodnight Moon’ in annual report – Washington Business Journal

By News Archive

united-therapeutics-good-year-uthr

The threshold for reporting on marketing stunts is a high one, and United Therapeutics Corp. has just cleared it.

Reaching us by mail today is the Silver Spring biotech’s 2012 annual report, written as a spoof of a children’s book and called “Good Year UTHR.” UTHR, of course, is the ticker symbol for United Therapeutics, which has a history of doing this sort of thing.

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Tech Council of Maryland Honors Lockheed Martin for Innovation and Community Outreach – Lockheed Martin

By News Archive

lockheed-martin-logo

Hall of Fame award underlines long history of commitment to Maryland technology community

The Tech Council of Maryland honored Lockheed Martin with the 2013 Hall of Fame Award at its 25th annual Tech Awards Celebration, held at the Bethesda North Marriot Hotel and Conference Center in Bethesda, Md.

The Tech Awards Celebration is the mid-Atlantic region’s largest and most prestigious awards ceremony that recognizes leaders and innovators in the technology and life science communities from Maryland and the surrounding regions.

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Maryland Stem Cell Research Commission Funds 31 New Research Proposals in FY 2013

By News Archive

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The Maryland Stem Cell Research Commission (Commission) has completed its review of the 171 applications received in response to its FY 2013 Requests for Applications (RFAs). The board of directors of the Maryland Technology Development Corporation (TEDCO) approved the Commission’s recommendation to fund 31 new proposals with the Maryland Stem Cell Research Fund’s (MSCRF) $10.4 million FY2013 budget. These projects, which include pre-clinical research and a clinical trial, will advance the field of regenerative medicine.

“These awards are critical to ensuring that the groundbreaking research being done has the opportunity to move to the commercial marketplace,” said Governor Martin O’Malley. “I congratulate this year’s grant recipients and look forward to the contributions they make to the improved health and wellbeing of our citizens.”

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Maryland

Making it new in Maryland – baltimoresun.com

By News Archive

Maryland

Would it surprise you to learn that Fast Company magazine just ranked Maryland the third-most innovative state in the nation? Or that Maryland took the U.S. Chamber of Commerce’s No. 1 spot for both innovation and entrepreneurship? It’s a fact: In our state’s dynamic mix of world-class universities and professional schools, institutes for advanced research, teaching hospitals, think tanks, hubs for start-up businesses and more, there exists this mysterious, economically essential activity known as innovation.

So if we are as innovative as Fast Company and the leaders of free enterprise say we are — and I believe it’s true — we have to ask ourselves a couple of questions: How did it happen? And how can we keep it going?

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MdBio Leadership Series – Money, Money, Money

By News Archive

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Wednesday, June 12, 2013 8:00 AM – 10:00 AM
Bethesda Country Club

We often hear that capital formation is among the most difficult challenges faced by biotechnology companies. Please join us on June 12th for an MdBio breakfast program to hear from four seasoned local venture capital investors, all to discuss investment trends, strategies and opportunities in Maryland. The event will offer a great platform to hear and have dialogue about the broader dynamics in investment, what has changed and where the capital opportunities are.

Speakers:

  • David Mott, General Partner, NEA
  • Lars Hanan, Co-Founder and Managing Partner, BroadOak
  • Brian Carney, Principal, Herbert Venture Partners
  • Kyp Sirinakis, Managing Partner, Rock Spring Ventures

Moderator:

  • Tom Dann, Director, Maryland Venture Fund
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