Trend Spotting

Catherine Russo Cobb • catcobb@mac.com catcobb@mac.com

Maddux Business Report - Technology

Mark Hulse, R.N., a 12-year health care IT veteran, recently joined Tampa’s H. Lee Moffitt Cancer Center and Research Institute (www.moffitt.org) as vice president and chief information officer. He was formerly VP and CIO for North Shore Medical Center in Boston, spent 11 years at the Massachusetts General Hospital in Boston as well as eight years with Stanford University Medical Center in California.

With the health care reform debate raging, we thought it timely to chat with Hulse about industry trends in health care informatics.

Hulse says a major trend centers on the “Health Information Technology for Economic and Clinical Health” (HITECH) provisions of the American Recovery and Reinvestment Act (ARRA). Signed into law in February, the ARRA allows for investment of more than $19-billion nationally in health care IT.

To be eligible for stimulus incentives beginning in 2011, hospitals and physician practices must adopt a certified Electronic Health Record (EHR) and demonstrate “meaningful use” based on metrics. “Hospitals and physicians who fail to adopt an EHR by 2015 will be subject to Medicare payment reductions in addition to losing the initial financial incentives,” he says.

The health information exchange components of HITECH will set standards for the exchange of health care data electronically.

“Patients rarely receive all of their medical care from a single provider, and yet knowing a patient’s history, current medications, allergies and other information is critical to providing safe and effective care. Even when a hospital has implemented an electronic medical record, the data are typically stored in a proprietary format and cannot be easily shared with other providers and institutions,” Hulse says. The Office of the National Coordinator of Health IT is charged with making policy recommendations on how the stimulus dollars will be invested.

Says Hulse: “This will have a profound impact on the adoption of Electronic Health Records, or EHRs, and related technologies in hospitals and physician practices across the U.S.”

Technically Secure

What recession? That’s what the folks at Sarasota-based Rapid Security Solutions are asking, saying that their sales – approaching $1-million – grew roughly 75 percent from June 2008 to June 2009.

Maddux Business Report - Technology

“Security in general is recession-proof as is recession-proof as everyone needs some level of protection and peace of mind,” says co-founder Shannon Lodgson. “It has been proven that theft, crime and vandalism significantly increase in a depressed economy and people are more mindful of their security needs.”

Founded in 2007 by Logsdon and Steve Paley, the two entrepreneurs say that today’s building security systems require integration of the latest technologies.

“Implementing network and web-based technology in the systems enables us to provide client solutions that are cost effective and easy to use,” says Paley. Most of the company’s business, he says, is from commercial clients like Goodwill Manasota, Duke Realty Corporation, Securitas, Method Factory, Disney, Synovus Bank and Sarasota Dental Excellence.

RSS (www.rsecurity.net) employs 10 people, including a team dedicated to exploring new security technologies. That’s up from two employees in early 2008, and Paley expects his staff to double by the end of 2010. The company’s goal is to expand throughout Florida, then the Southeast.

Maddux Business Report - Technology

Search Engine Scores

The founder of a small startup in Bradenton says she and her colleagues have created a new type of search engine technology that “may enhance” major search engines in the coming years. Maura Stouffer, co-founder of SEOENG® LLC, says her firm’s technology provides users an analysis of any website from a search engine’s perspective. In other words, it reveals website data which is vital for effective search engine optimization. Founded in 2006, the company has a patent pending for its “navigable website analysis engine.”

“Our Search Engine Optimization Engine®,” says Stouffer, “provides a new type of interface where users are able to view penalties assessed against a website that are preventing the web pages from ranking high on search engine results.”

Stouffer, president, contends SEOENG® (http://search.seoeng.com) goes beyond standard visitor and user-trending data to provide users with access to secretive search-engine ranking and scoring algorithms. The data, she says, enables website owners, webmasters, and search-engine optimization experts alike to fine-tune any website to rank higher.

“Search engine visibility is highly sought after because it provides websites with a continuous stream of targeted customers and visitors. If a website ranks high … it saves a significant amount of money of advertising for costly pay-per-click campaigns,” says Stouffer.

A Cornell University graduate, Stouffer declines to give any financial information on the privately held company, but says that SEOENG® employs fewer than 10 persons. The company currently offers one free product (a web-page analysis) and sells four others.

Tech FYI

Tampa’s Peak 10 Inc. (www.peak10.com) announced the upgrade of its advanced, fully managed backup platform with the addition of CommVault Simpana software … Sarasota-based Osprey Biotechnics Inc. (www.ospreybiotechnics.com) introduced bulk production of new Bacilox XL “hungry bacteria” which the company says allows specialty chemical formulators and manufacturers to formulate green cleaning and maintenance products at a reduced cost … Verizon Wireless (www.verizonwireless.com) says it has invested more than $200-million in network enhancements across Florida since 2008 to ensure coverage during severe weather, such as tropical storms and hurricanes.

Send tips, information and news releases related to technology to Jennifer Lugo at MADDUX BUSINESS REPORT, P.O. Box 202, St. Petersburg, FL 33731. Or by email: jlugo@maddux.com


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