Apple’s hush-hush foray into personal health records

Apple’s hush-hush foray into personal health records

After the high-profile failures of Google Health and Microsoft HealthVault, can tech titan Apple find a way to centralize personal health data, and could it solve medicine’s interoperability problem?

CNBC reports that Apple is working in secret to develop a way to store not just wellness info like step counts and emergency contacts, but clinical information on an iPhone; sort of like personal EHR in your pocket.

Some believe the company, who revolutionized the music industry, could do the same for healthcare. And Apple is confident too with a slew of recent hires and has apparently been in talks with hospitals and industry groups. Details are sparse and mostly rumors at this point, as is usually the case with Apple.

Many apps and devices hold a lot of information for specific conditions, Q Heart for hypertension and GKC’s Personal KinetiGraph for Parkinson’s are some good examples. And many of those types of medical apps have fared well.

What’s been more challenging is the development of a single, unified personal health record that can capture it all –  medications, diagnosis history, lab results, and so on. There are many reasons for that, most notably the fragmentation of health IT in general. Where many prior platforms have failed is that they were cumbersome to use and could only capture fragments of health data.

Apple is reportedly working with partners focused on working around those barriers. And they may find some help with recent legislation mandating, among other things, some degree of interoperability in EHRs and other health data systems. They also have an advantage with an existing health data management infrastructure on their devices with the Health app as well as HealthKit and CareKit.

1099 is better than W2 for middle class Americans

Many corporations have to find ways to save on taxes. Working Americans can also find ways to save on taxes. Have your own business and/or use 1099 instead of W2.

Apple is an example of a smart company. We thank Apple for the many jobs it created. We should encourage more enterpreneurs and job creation business.  We should upgrade our educational system to incorporate important job skills sets for the global and technical workforce to be competitive. We have to learn another language, learn computer data analysis, and learn new technologies.

As a parent of two young adults in college, I cannot influence my children to be a doctor or software computer engineers. I can only hope that they have goals and ambitions to compel them to strive for the better.  I can show them the standard of living in other developing countries.  I am happy that they wanted to pursue their passions, be an art teacher and an environmental engineer and that they are working students, saving money anyway they can. In other countries, there is not enough opportunities for internships and college students to work part time.  In Canada, there is 4 months of college days and 4 months of internships. In India, the BS in Computer Science and MS in Computer Science can be completed in less years compared to other countries.

————Apple’s Taxes for its business in Ireland———–

FACT CHECK The European Commission makes clear, and tax experts agree, that Ireland let Apple determine how much of the income that it generated in the country would be recognized and taxed there.

The rest of Apple’s income that was not recognized and taxed in Ireland could be put in other corporate structures that were effectively stateless. That meant the money in those structures was not taxable anywhere — not even in Ireland — and thus not subject to Ireland’s 12.5 percent tax rate.

While other companies have also had the right to negotiate with Ireland, the commission considers these sorts of loopholes a no-no.

“In the U.S., states can fall all over themselves to offer subsidies and loopholes, but that is exactly what is illegal in Europe,” said Edward D. Kleinbard, professor at the Gould School of Law at the University of Southern California and a former chief of staff to the congressional Joint Committee on Taxation.


In the United States, politicians, lawmakers and officials have derided “inversion deals,” which allow an American company to move its headquarters overseas to cut its tax bills. In Ireland, they are celebrating them.

The Irish government on Tuesday revised the country’s economic growth rate in 2015 to 26.3 percent from a preliminary estimate of 7.8 percent. While Ireland’s economy has been on the upswing since the country repaid its bailout, it wasn’t that the Celtic Tiger suddenly came roaring back in an unexpected way. Rather, it was the magic of those inversion deals and other sleights of finance.

Under a typical inversion deal, a United States company takes over a foreign counterpart and, in the process, shifts its headquarters overseas. The takeover targets for such deals are typically based in countries with low corporate taxes — like Ireland, with its 12.5 percent rate.

The combined company’s global profits are then reported in its new home base, regardless of where they are earned. In essence, Ireland’s G.D.P. is artificially inflated.

Inversions have drawn the ire of the Obama administration, since they put a greater burden on American taxpayers.

Last year, the medical device maker Medtronic bought its rival Covidien, reincorporating in Ireland. More recently, Johnson Controls of Milwaukeeagreed to join up with Tyco of Cork, Ireland. (Tyco itself has hopped from locale to locale, having been in Bermuda, then Switzerland, before ending up in Ireland.)

Help with mobile health application

You may email me at motherhealth@gmail.com if you have suggestions on what the future health mobile application should be. Here are some of my observations:

Players

Google delights the user.

Uber response time is less than 5 min.

Apple stayed true to the top of technologies.

Facebook copies the best social app and delivers with simplicity to benefit users.

LinkedIn builds data to earn $26B.

Future

Data is king.
Wearables and smart watches will only grow.
Integrated systems with less mouse clicks or finger tabs win.

Present

Doctors and patients are not connected in their data.
Users are still not satisfied with current solution and apps.

Google announces Calico, a new company focused on health , extending quality of life

Google announces Calico, a new company focused on health and well-being

MOUNTAIN VIEW, CA – September 18, 2013 – Google today announced Calico, a new company that will focus on health and well-being, in particular the challenge of aging and associated diseases. Arthur D. Levinson, Chairman and former CEO of Genentech and Chairman of Apple, will be Chief Executive Officer and a founding investor.

Announcing this new investment, Larry Page, Google CEO said: “Illness and aging affect all our families. With some longer term, moonshot thinking around healthcare and biotechnology, I believe we can improve millions of lives. It’s impossible to imagine anyone better than Art—one of the leading scientists, entrepreneurs and CEOs of our generation—to take this new venture forward.” Art said: “I’ve devoted much of my life to science and technology, with the goal of improving human health. Larry’s focus on outsized improvements has inspired me, and I’m tremendously excited about what’s next.”

Art Levinson will remain Chairman of Genentech and a director of Hoffmann-La Roche, as well as Chairman of Apple.

Commenting on Art’s new role, Franz Humer, Chairman of Hoffmann-La Roche, said: “Art’s track record at Genentech has been exemplary, and we see an interesting potential for our companies to work together going forward. We’re delighted he’ll stay on our board.”

Tim Cook, Chief Executive Officer of Apple, said: “For too many of our friends and family, life has been cut short or the quality of their life is too often lacking. Art is one of the crazy ones who thinks it doesn’t have to be this way. There is no one better suited to lead this mission and I am excited to see the results.”

Contact

Leslie Miller
Google Corporate Communications
press@google.com

 

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No hiring part time 1000 financial service sales in the USA, contact Connie 408-854-1883 motherhealth@gmail.com

http://www.pfaonline.com

Spend less when you retire

Forget what you know about withdrawal rates. The key to making your nest egg last is to spend less money than you earn.

Due to state tax law differences, however, you’ll soon learn that where you live during retirement largely dictates what you spend.

Some states, such as Minnesota and Vermont, impose a hefty tax on retirement income, while California’s top income tax rate is a budget busting 13.3 percent. Others, including New Jersey, have the highest property tax rate in the nation, while 14 states tax Social Security benefits either in part or in full. They are: Colorado, Connecticut, Iowa, Kansas, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Rhode Island, Utah, Vermont and West Virginia. (Not all, though, made our list of least tax friendly states for retirees.)

Up-and-Coming Retirement Cities, Around the WorldUp-and-Coming Retirement Cities, Around the WorldAlso, the sheer size of the aging baby boomer population has encouraged most states to consider more tax-favorable legislation for seniors, said Kathleen Thies, state tax analyst for CCH tax services firm in Riverwoods, Ill. And some relief programs have already been enacted.

But due to their combination of taxes on ordinary income, pensions, real estate, inherited property and estates, the following 10 states can best be described as hostile territory for retirees.

The list was culled with data collected from CCH, the Tax Foundation, state revenue departments, retirementliving.com and the Federation of Tax Administrators. (Property tax rates, compiled by the Tax Foundation using Census Bureau data, are through calendar year 2011 and reflect the mean property tax as a percentage of mean home value.)

And because tax laws impact retirees differently, depending on their financial circumstances, we did not attempt to rank each state in terms of tax friendliness—or lack thereof. The states are instead presented in alphabetical order.

California

State income tax: 1% – 13.3%
State sales tax: 7.5% (combined state, local rate)
Mean property tax rate as a percentage of mean home value: 0.8%
Property tax ranking: 33
Estate tax: Limited to the federal estate tax collection rate
Inheritance tax: None

The sunny skies of California may be a playground for movie stars and millionaires, but retired residents should take their money and run.

The so-called Golden State, where fortune cookies, blue jeans and Apple computers were invented, levies one of the nation’s highest personal income tax rates. Its tax exemption for Social Security benefits is little comfort, given that most other retirement income gets taxed in full.

And property taxes are assessed at 100 percent of the home’s value, up to a maximum of 1 percent of the home’s cash value. That can deliver a serious dent to your standard of living. Median home prices for new and existing houses and condominiums reached $340,000, with high real estate prices in cities including San Francisco, Los Angeles and San Diego.

http://www.yahoo.com

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Now hiring part time financial consultants and direct selling sales (anti-aging), computer and people savvy. Calling all former Cisco and Wells Fargo employees and retirees from all types of industries. 408-854-1883 ; motherhealth@gmail.com

 

———Now hiring financial consultants, work from home, in USA

Please join us on Saturdays 10-11am at 400 oyster pt blvd SSF ste 120 , be a business owner helping families and you then help yourself retire in 7yrs connie 408-854-1883 in USA motherhealth@gmail.com

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