Monday, May 17, 2010 at 12:00:00 AM
As Massachusetts gets ready to deploy federal and state funds to set up a health information exchange (HIE) to link electronic medical records across the state, companies are clamoring to be a part of the action.
“There is definitely a gold rush out there,” said Marshall Votta, director of government affairs at Cambridge-based NaviNet Inc. The company, which is best-known for providing billing and administrative services, is expanding to add clinical data exchange to its arsenal. The company has offered its Web portal free to each of the 50 states, and its business model relies on payment from insurers per transaction, not providers...
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...Massachusetts was awarded $11.5 million by the federal government to implement an HIE, but has not received the funds as of yet. The state must first file a completed plan for the HIE and officials at the state Executive Office of Health and Human Services (EOHHS) said that they expect to issue RFPs to potential vendors in 2011. The state also has $12 million in state funds that were part of an original appropriation of $25 million two years ago. Budget cuts reduced that figure to $15 million, and so far $3 million has been spent to set up the administrative entity charged with establishing the statewide HIE, called the Massachusetts e-Health Institute. The state has until now been part of a p...
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Tuesday, April 20, 2010 at 12:00:00 PM
 This year’s Index of the Massachusetts Innovation Economy was released today, and in it the John Adams Innovation Institute for the first time compares the Bay State not only with other innovating states in the U.S., but with other countries. The result? Massachusetts leads the nation and the globe in patents per capita.
Massachusetts also sits in the top seat among all states and the leading R&D countries for the amount of research and development done as a percent of its gross domestic product, according to the institute, which is part of the Massachusetts Technology Collaborative. As it has for years, Massachusetts also ranks No. 1 in Small Business Innovation Research awards per capita, receiving $227 million in federal SBIR funds for proof-of-concept research and prototype development.
When it comes to fundraising, Massachusetts is holding its own against the rest of the nation. The Index shows that, while the rest of the country saw a 57 percent drop in the dollar amount raised by venture funds, Massachusetts companies saw only a 35 percent drop in the amount of funds distributed to them by VCs.
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Posted By Rich Kneece.
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Tags: Economy Massachusetts Research
Mass. health IT attracts $26M in federal funds
Monday, February 15, 2010 at 12:00:00 AM
Massachusetts has pulled in $25.6 million in federal funding for work in health information technology, according to an announcement by Gov. Deval Patrick and the Massachusetts Congressional Delegation.
The funding will be divided so that $15 million supports electronic health records implementation and $10.6 million will be used for a secure health information network to be built in Massachusetts.
See full article at Mass High Tech....
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Book of Odds samples semantic web
Wednesday, October 14, 2009 at 12:00:00 AM
 A local Massachusetts company is putting down odds that they can make a go at it in the Semantic Web (sometimes referred to as Web 3.0):
What are the odds of being struck by lightning? Bitten by a rabid dog? Run down by a bus? Audited by the IRS?
Book of Odds Inc., a Boston company set to launch publicly tomorrow, is answering questions like these using semantic search — a technology long touted as ‘Web 3.0.’ On the semantic web — so the idea goes — search engines and applications will know what users are looking for, much in the same way humans understand one another based on context and other cues.
Instead of changing the face of computing technology, Book of Odds has a narrower goal: untangling the perplexing probabilities at the heart of human anxieties and dreams. For example, the odds of delivering twins are 1 in 31.1 — but how does that compare to something I can understand a little better?
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Thursday, September 10, 2009 at 12:44:00 PM
The history of innovation in Massachusetts will be turned into a game on Oct. 9, in an effort to raise funds for Bay State charities. The game, a citywide scavenger hunt, will be driven by the technology behind Scvngr Inc. of Boston.
Information on the game, which kicks off at Boston City Hall Plaza at 1:30 p.m. on Friday, Oct. 9, can be found at the new site for the game, www.questforinnovation.com, also developed by Scvngr. The game will run for two hours, and organizers are hoping to draw teams from companies and organizations that are part of the modern innovation economy.
See entire article at Mass High Tech....
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