State

By wmadministrator

Healthcare startup companies in Kentucky attracted $19.2 million in capital funds in 2008, according to data released by BioEnterprise, a business formation, recruitment and acceleration initiative designed to grow healthcare companies and commercialize bioscience technologies. That figure is a significant drop from previous years: Healthcare startups in the commonwealth drew $32 million in 2007 and $51.4 million in 2006.

An unprecedented 88,195 Kentuckians filed initial claims for regular unemployment insurance benefits in December 2008. The state paid a single-month record of more than $78.6 million in regular unemployment insurance claims during December.

A Request for Proposal (RFP) has been issued by Kentucky’s state government, seeking vendors to help create a statewide health information exchange. Gov. Steve Beshear said the state is using an existing federally funded Medicaid Transformation Grant to lay the cornerstone for a health information exchange. The Kentucky Health Information Exchange will create a technology infrastructure across the state that will allow doctors or other healthcare providers to have more complete and instantaneous medical histories for their patients at the point of making critical health-care decisions.

Add Comment

Click here to post a comment

Please wait...

Subscribe to the FASTER LANE business newsletter.

Subscribe and receive breaking Kentucky business news and updates daily.