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Startup Maryland Announces Great Eight Finalists To Be Featured At Tedco’s 4th Annual Entrepreneur Expo November 12th 2014 – Valley News Live – KVLY/KXJB – Fargo/Grand Forks

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DAASN is proud to be an Enthusiast sponsor for Tedco’s 4th Annual Entrepreneur Expo and a Major sponser of Startup Maryland.

Startup Maryland Announces Great Eight Finalists and Fan Favorites for 2014 Pitch Across Maryland Tour

Diversity of Industries and Opportunities Defines the Third Annual State-Wide Tour and Celebration of Maryland Innovation and Entrepreneurship.

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New CMS guidelines on telemedicine reimbursement include ‘significant additional coverage’

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As CMS goes, so goes private insurance. That’s perhaps a simplification of how reimbursement rates are developed for healthcare payers, but big payers definitely watch what CMS is doing.

So it’s no small deal that CMS late last week issued new rules that include “significant additional coverage for telemedicine services,” the American Telemedicine Association said in a release.

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Google’s Expansion into Medical Technology

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When we think of Google, we think of the company that powers the widely used search engine, and we think of computer programming, engineering, and electrical design. However, recently Google has expanded and moved towards research in medical technology. Just a few months ago, the tech giant partnered with Novartis to license a glucose measuring smart contact lens. The company had also recently bought portions of Calico, an anti-aging research company, and 23andme, a company that provides personal genetic tests. Now, Google aims to develop a wearable diagnostic device to detect cancer and heart attacks through the use of nanoparticles.

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HHS Secretary names members for federal Health Information Technology Policy and Standards Committees

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Health and Human Services Secretary Sylvia M. Burwell today named a new member to the Health Information Technology Policy Committee (HITPC) and renewed appointments for three members of the Health IT Standards Committee (HITSC). The committees are charged with recommending policies and technologies needed to implement a nationwide health information technology infrastructure and strategic plan. 

The two federal advisory committees were created through the Health Information Technology for Economic and Clinical Health (HITECH) Act in accordance with the Federal Advisory Committee Act (FACA). The committees provide the opportunity for stakeholders and the public to provide direct input to HHS. 

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Early stage digital health companies get some love from Maryland fund

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Vheda Health, a digital health company that seeks to help people with chronic conditions, is one of a handful of healthcare startups that have received backing from a commercialization fund from Maryland’s Technology Development Corp. They were part of a list of 15 companies that received $1.5 million. It follows a funding allocation from earlier this year.

The Maryland program allocates funding to companies developing technology products with universities and/or federal labs in the state. To qualify, companies have to be in a collaboration with a federal lab or university, they have to be located in an affiliate incubator company in the state, they have to be involved in one of two Maryland programs — ACTiVATE, an entrepreneurship training program aimed at women, or INNoVATE — or participate in TEDCO’s Rural Business Initiative. The focus is on small businesses so companies must have under 16 employees, or be a university spin-off under five years old or have venture investments under $500,000. More than half of the companies’ employees must work in the state.

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AstraZeneca’s MedImmune To Acquire Definiens – NASDAQ.com

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Tuesday said its global biologics research and development arm, MedImmune, has agreed to buy privately-held Definiens, which would strengthen MedImmune’s focus on the discovery of novel predictive biomarkers in immuno-oncology.

Definiens is into imaging and data analysis technology, known as Tissue Phenomics, which dramatically improves the identification of biomarkers in tumour tissue.

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Health IT accelerator to set up permanent office at Inner Harbor – Baltimore Business Journal

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Business accelerator DreamIt Health Baltimore plans to lay roots in the Inner Harbor.

DreamIt Health Baltimore is negotiating a lease as it prepares to welcome its second class of entrepreneurs in 2015. The accelerator, which is run by Philadelphia-area DreamIt Ventures, operated out of spare office space at a Johns Hopkins building in Fells Point this year. Managing Director Jason Hardebeck hopes to finalize a deal for between 5,000 square feet and 6,000 square feet of space in the coming weeks.

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2015 FLC Laboratory Director of the Year Awards – Call for Nominations

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Nominations are being accepted for the 2015 FLC Laboratory Director of the Year Awards. Sponsored by the FLC National Advisory Council, this award honors Laboratory Directors who have made maximum contributions to the overall enhancement of technology transfer for economic development. Accomplishments related to the transfer of technology from the federal laboratory to industry—including support of FLC activities, internal accomplishments, industry involvement, and community service—are the primary criteria for the award.

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Rock Health raises a third fund, led by Kaiser Permanente and Bessemer – VentureBeat

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The San Francisco-based digital health accelerator Rock Health has raised a large third round of funding and says it will boost its investments in new portfolio companies to (up to) $250,000 each.

The new funding round was led by Bessemer Venture Partners and Kaiser Permanente Ventures, with participation from KPCB, Mayo Clinic, Montreux Equity Partners, and Great Oaks Ventures.

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