WebMD Q3 Earnings Call Concludes on Lowered Revenue Forecast

WebMD held its Q3 earnings call this afternoon, during which CEO Cavan Redmond discussed the year-over-year improvements and declines. WebMD has had a poor year with few bright spots. Mr. Redmond points out that the company has increased its page views to 2.5 billion and increased its average unique monthly visitors to 100 million, a gain of 24 percent and 22 percent respectively.

WebMD Q3 Earnings Call Concludes on Lowered Revenue Forecast

Despite these gains, WebMD (WBMD) is reporting a net loss of $900,000 and a 13.2 percent decrease in earnings. WebMD stock is down 54 percent YTD, following a 24 percent loss in FY2011. A core issue for WebMD is a that pharmaceutical corporations, which are cutting back advertising spending industry wide, represent its primary advertisers.

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Medicare and Simplee Bring Transparency to Medical Billing

Simplee, commonly known as the mint.com of healthcare, announces that it has partnered with Medicare to integrate patient billing and claims information with the site’s platform, allowing Medicare patients the ability to track healthcare expenditures and process medical bill payments on the site.

Medicare and Simplee Bring Transparency to Medical Billing

The majority of Medicare patients maintain eligibility with a second insurance plan through their employer, resulting in a complex claims process that involves several independent organizations. Simplee has, over time, earned the reputation of providing end users with an easy to understand, consumer-friendly dashboard which enables claims tracking and medical bill payment processing. Simplee is the first company in this market space to support Medicare claims processing.

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Ready, Set, Grow! with Movember Mobile App

Movember, an international moustache-growing event which spans the month of November to raise funds and awareness for men’s health issues, officially begins today. This year, the charity event is being met with the release of a new Movember Mobile app.

Ready, Set, Grow! with Movember Mobile App

Movember Mobile allows you to track your fund raising, sponsor friends and report your moustache-growing accomplishments.

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Prescribed Software Concept Nets Reflexion $4.5 Million in Startup Cash

Reflexion, a San Diego-based startup, secures $4.5 million in seed funding to expand development of the Reflexion Rehabilitation Measuring Tool (RRM), a Kinect-based physical therapy software solution which the company will market as “prescribed software” for in-home use by consumers.

Prescribed Software Concept Nets Reflexion $4.5 Million in Startup Cash

The intent of the product is to monitor at home exercise routines of patients undergoing physical therapy or rehabilitation, enable on-the-spot corrections, ensure proper technique, enable tracking milestone accomplishments, and allow physicians and physical therapists to monitor patient in-home progress electronically over time.

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QuantiaMD Secures $12 Million in Expansion Funds

QuantiaMD, a physician-focused online collaboration site, receives $12 million in expansion funds to increase sales, marketing, and service capabilities as well as to complete the deployment of a new physician engagement suite aimed at communicating organizational best practices, demonstrating measured impact on practice patterns, and preparing health networks for value based purchasing.

QuantiaMD Secures $12 Million in Expansion Funds

"Over the past 5 years, QuantiaMD has built a robust technology platform and a highly engaged physician audience where members are working together and consuming content on a mass scale never before achieved,This first-of-its-kind platform is transforming the way healthcare organizations collaborate with physicians to meet a variety of objectives, most importantly, lowering costs and improving quality of care. This additional financing will help us keep pace with the growing demand from our clients.” – Eric Shultz, CEO

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