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CareScience tightens belt, lays off 15% of staff
Online care management firm CareScience cut 22 employees (15%) and consolidated operations in an effort to reduce expenses and achieve profitability by the end of the year. The firm has centralized company marketing and product development,
Online care management firm CareScience cut 22 employees (15%) and consolidated operations in an effort to reduce expenses and achieve profitability by the end of the year. The firm has centralized company marketing and product development, following the discontinuation of the CareLeader and CareSense product lines. The move comes on the heels of CareScience's acquisition of Strategic Outcomes Services, a pharmacoeconomic and outcomes research consulting firm. The deal cost CareScience $1.1 million in cash and 250,000 shares of common stock, but the company expects the acquisition to have a positive impact on its 2001 earnings.
In other news, CareScience will integrate Intel Internet Authentication Services into Care Data Exchange, which uses peer-to-peer technology to securely locate and index clinical data from participating healthcare organizations, and CareStandard Select, which enables users to select health information products online. The company has also announced a contract to provide group purchasing organization AmeriNet with clinical data analysis tools.
Study Reaffirms Low Risk for csPCa with Biopsy Omission After Negative Prostate MRI
December 19th 2024In a new study involving nearly 600 biopsy-naïve men, researchers found that only 4 percent of those with negative prostate MRI had clinically significant prostate cancer after three years of active monitoring.
Study Examines Impact of Deep Learning on Fast MRI Protocols for Knee Pain
December 17th 2024Ten-minute and five-minute knee MRI exams with compressed sequences facilitated by deep learning offered nearly equivalent sensitivity and specificity as an 18-minute conventional MRI knee exam, according to research presented recently at the RSNA conference.
Can Radiomics Bolster Low-Dose CT Prognostic Assessment for High-Risk Lung Adenocarcinoma?
December 16th 2024A CT-based radiomic model offered over 10 percent higher specificity and positive predictive value for high-risk lung adenocarcinoma in comparison to a radiographic model, according to external validation testing in a recent study.
