CereScan Receives Colorado Advanced Industries Accelerator Grant

**COBRT was thrilled to have CereScan on our Connect and Collaborate radio show on February 3, 2016. Check out the podcast, CereScan Goes to the Super Bowl.** 

FOR IMMEDIATE RELEASE:
February 18, 2016

CereScan was recently awarded a $250,000 grant from the State of Colorado, which will be used to further develop the capabilities of its patented CereMetrix™ Brain Diagnostic System. The grant will allow the company to commercialize CereMetrix™ for use by hospitals, clinics, physicians, and other healthcare practitioners as an advanced utility for diagnosis, treatment and research into most neurological disorders.

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CereMetrix is a unique brain diagnostic system and ever-expanding data warehouse that today includes 6,600 scan encounters including patients’ medical histories, family histories, symptoms, prior treatments, incoming diagnoses, outgoing diagnoses, and brain scans. Each scan is composed of over 262,000 data points that measure perfusion levels in up to 160 brain regions derived from comparisons to normative data.

The commercialization of CereMetrix™ is expected to create high-paying, professional job opportunities in the state and long-term economic gains as the system progresses through its development and eventual licensure to domestic and international users. CereMetrix™ will become a software-as-a-service system that will assist healthcare practitioners in the diagnosis of complex brain disorders.

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“We are excited to receive such a strong endorsement from the state of Colorado for the work we are doing and the vision we are pursuing,” said Dr. Rick Fort, Chief Science Officer at CereScan. “CereMetrix™ will become a clinical decision support system that doctors will be able to use in the diagnosis of their patients’ brain dysfunctions anytime, anywhere.”

The vision of CereMetrix™ is a machine learning ecosystem that provides doctors with the most likely diagnoses and treatment regimens for their patient’s brain health. Each new patient’s data will be compared to a library of patients with similar brain patterns, medical histories, and clinical symptoms.

CereScan, is the nation’s leader in providing statistically measured brain diagnostics based on a new generation of imaging software, PET/CT (Positron Emission Tomography/Computed Tomography) and qSPECT (quantitative Single Photon Emission Computed Tomography) neuroimaging technologies. Referring and treating medical experts can rely on CereScan to offer differentiated diagnoses on a wide array of brain-based disorders including: 

  •     Traumatic Brain Injury
  •     Toxic Brain Injury
  •     Alzheimer’s Disease
  •     Mild Cognitive Impairment
  •     Other Dementias
  •     Parkinson’s Disease
  •     Obsessive Compulsive Disorder
  •     Bipolar Disorder
  •     ADD/ADHD
  •     Anxiety Disorder

About CereScan
CereScan combines state-of-the-art qSPECT and PET/CT brain imaging technologies with a patient centered model of care to provide the highest level of neurodiagnostics anywhere. Using quantitative functional brain imaging, advanced imaging software, and an extensive library of clinical data, the CereScan medical team provides physicians with unmatched objective diagnostic information. CereScan helps patients and their physicians better understand the neurological basis of their conditions. In a variety of legal settings, CereScan provides objective evidence to attorneys and their clients regarding traumatic and toxic brain injuries. For researchers, CereScan provides independent pre- and post-treatment measures of organic changes in the brain along with measures of symptoms related to the brain disorder of interest. For more information, please call (866) 722-4806 or visit http://www.CereScan.com. Connect with CereScan on Twitter @CereScan and on Facebook at Facebook.com/CereScan.

 

ColoradoCare Represents Real Threat to Physicians and Their Patients (op-ed)

By Andrew Graham
Chief Executive Officer, Clinic Service Corporation
[email protected]
 

ColoradoCare will have a negative impact on the Colorado Doctor community, and that effect could drastically influence the care Coloradans receive. Under the ballot initiative, a State-run Healthcare system would be implemented with fixed, payroll- based revenue provided by taxpayers, and will therefore require massive cost management oversight. As the bill directs, this cost management would be the target of the newly conceived 21 member, state insurance Board. 

The line item that would pop up high on the Board’s list is provider reimbursement -- paying the Doc for the services they provide. Given the lobby interests of hospitals, major health systems, healthcare finance professionals, and drug and medical device manufacturers, individual and independent doctors will be especially vulnerable for the chopping block. It is a safe bet that the board would need to slash the physician reimbursement rate to bring the budget in alignment -- leaving every physician powerless to negotiate given areas of specialty, training, experience, tenure and expertise.  Doctors already have little leverage with insurance payers. A state run system would halt any chance of fair negotiation.  Worse yet, innovative Doctors will find somewhere else to practice their craft.  

Physicians already feel the pinch as a result low Medicare and Medicaid reimbursement rates, which can be 20 percent less than what private health insurance pays. In recent years, many practices have limited the number of Medicare/Medicaid patients they accept, or they opt-out of treating this population altogether making it increasingly difficult for patients to find a provider that is willing to treat them. If ColoradoCare passes, many physicians may be forced to leave the state in order to stay afloat financially.

Colorado is already faced with a physician shortage problem, with rural and mountain regions being hit the hardest. According to a study by the Colorado Health Institute, El Paso County has one of the worst physician shortages in the state requiring a 54 percent increase in primary care physicians to reach a desirable ratio of 1,900 patients to every full-time physician. In Clear Creek, Gilpin Park and Teller counties a 44% increase is required.  We are in a shortage, not a surplus.   If even 10 percent of Colorado’s physicians left the state, imagine the strain it would place on the physicians that decide to stay. And recruiting new physicians to the state would be next to impossible.

Physicians that decide to stay in Colorado may opt to delve into “concierge medicine” to stay profitable, which is when a patient pays an additional annual fee to a practice (in some cases, upwards of $10,000/yr) to have 24/7 access to physician care and other complementary services, such as chiropractors and dieticians. This has been a growing trend in Canada where it is often exceedingly difficult to get an appointment with a family physician. The irony is that Colorado’s effort to give everyone care would result in the wealthy getting their own special healthcare system and only those that could afford it, would be able to jump the line.

Coloradans can’t afford to be complacent about ColoradoCare. This is a debacle we can, and must, avoid.