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|Articles - May 2014|
|Monday, April 28, 2014|
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Starting in the early 2000s, companies including then-Eugene-based GarageGames began offering game engines for a monthly fee, giving independent developers access to tools that previously cost millions of dollars to license or develop on their own. That plug-and-play business model is creating efficiencies offline as well — for companies across industry sectors.
Not far from Mad Otter, for example, the Eugene office of 4medica offers cloud-based services that weave together the often mismatched recordkeeping systems that medical providers access when treating patients. ”In the late ’90s, I realized that a huge problem with the whole paper chase that we were doing was the laboratory results,” says Oleg Bess, 4medica’s CEO and a practicing obstetrician and gynecologist based in Los Angeles. “Everybody in the office was always looking for that piece of paper, that test ... so when the opportunity presented itself, we started a company that created this connectivity from a lab to a physician.”
Today 4medica generates about $10 million in revenue working with about 40,000 doctors, primarily helping them view and order tests from laboratories. Moving those files to 4medica’s cloud simplifies the IT on both ends and makes the test results accessible from anywhere a doctor can log in.
The company, which sells other services within the market for electronic health records, will reach $22.3 billion worldwide by the close of 2015, according to an Accenture report cited by Health Data Management magazine. In the U.S., much of that growth will be fueled by federal healthcare reforms that envision the digitization of medical records as a key way to drive down healthcare costs. That might sound straightforward, but in practice, healthcare facilities in the U.S. lack even a standardized identification number to keep track of individual patients as they visit different providers. Creating and sharing records across computer systems that weren’t designed to work together can raise a huge challenge for smaller clinics.
“The cloud is really an enabling technology,” says John Schmidt, 4medica’s director of interoperability, who previously helped run the Eugene office’s predecessor company, Intechgra Database Solutions. “It levels the playing field between some of the smaller practices and some of these huge, hospital-owned networks.”
In Oregon about a dozen of 4medica’s 50 employees engineer complex interfaces that connect doctors’ offices to facilities like radiology centers or a national prescription database called Surescripts. Additionally, the company and others like it employ teams of specialists to maintain their remote databases 24-seven, with a level of redundancy and security that Schmidt says would be cost prohibitive for individual clinics. “It’s hard for a practice to have that skill set onboard.”
As more databases and software find their way into the cloud, a cluster of Oregon companies has emerged to help businesses make the most of the technology. “We really are at the stage where, I think, if someone has a really great idea and can execute on it pretty well, we can see people producing tools like Instagram and WhatsApp on public cloud infrastructure with relatively minimal capital investment,” says Puppet Labs chief information officer Nigel Kersten. These massively popular products seem to appear out of nowhere, he says, because cloud services are “essentially accelerating the rate of technological change and democratizing access to computing resources.”
Thursday, December 11, 2014
BY APRIL STREETER
Democratic gains pave the way for a revival of environment and labor bills as revenue reform languishes.
Thursday, December 11, 2014
BY JESSICA RIDGWAY
Lawger upends the typical hourly based fee model by letting clients determine the cost.
Friday, January 23, 2015
BY KIM MOORE | OB RESEARCH EDITOR
Carbon pricing is gaining momentum in Oregon, sparking concern for energy-intensive businesses — but also opportunity to expand a homespun green economy.
Monday, January 26, 2015
BY JACOB PALMER
Fittingly, Light at Play — a business whose sole purpose is to create mesmerizing ambience — was conceived at Burning Man.
Tuesday, January 27, 2015
BY JACOB PALMER
Catching up with Amen Teter, Portland-based global director of action sports for Octagon Olympics & Action sports talent agency.
Saturday, December 13, 2014
Seven tidbits about the president and CEO of AKT Group.
Thursday, December 18, 2014
BY MEGHAN NOLT
VIDEO: Under the radar — complete with a soda counter, the traditional Paulsen's Pharmacy looks to compete with big box retailers.
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The official launch will be Jan. 14.