Amid the difficulties of the last year, a bright spot has emerged that may provide a strong indication of renewed movement toward the transformation of the healthcare industry that we know today. Value-based care, a model that rewards better patient health outcomes, has experienced a surge in interest amid heightened consumer awareness and among payers seeking to lower costs and stabilize reimbursement. This interest, along with the recent mandate from the Centers for
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Why Family Caregivers Need Help from the Healthcare Establishment
I recently spoke with a woman whose husband contracted a serious, chronic illness that requires long-term use of a peripherally inserted central catheter (PICC) line.
As her husband’s primary caregiver, this woman is responsible for cleaning and flushing the PICC line three times a day. And while she knows how to carry out these functions, she nonetheless remains fearful of inadvertently introducing bacteria into the line and the consequences that could result.
For this woman, the
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Taking a Platform Approach to Drug Pricing Issues Can Help Unify Adversarial Sides
Healthcare is a notoriously complex industry with a multitude of stakeholders, many of whom find themselves in adversarial positions, simply due to the way the market operates. Ultimately, there is a shared goal of providing the best care to the patient. But as stakeholder relationships grow more complex, there can also be conflicts that drive wedges between parties and hamper successful collaboration.
We see this dynamic playing out in many areas of healthcare, but particularly in drug
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6 Steps for Securing Patient Information in Healthcare
The Centers for Medicare and Medicaid Services (CMS) strive for innovations in healthcare technologies that drive down costs and improve the patient experience. One big step forward is the 21st Century Cures Act passed in 2016, putting patients in charge of their own health records.
Then in 2021, both the CMS Interoperability and Patient Access Final Rule and the Office of the National Coordinator for Health IT (ONC) Information Blocking Rule went into effect, which aims to drive
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4 Ways Hospitals Benefit From Improved Surgery Scheduling
Hospitals rely on elective surgeries as a source of up to 50% of all revenue, allowing them to take losses on a range of high-cost service lines to remain profitable. The COVID-19 pandemic laid bare the impact of reduced surgery volume, with hospitals suffering immediate revenue loss and negative profit margins.
As surgical service lines return to pre-pandemic volumes, it’s imperative for hospitals to have the right technology tools and best practices in place to maintain safe, accurate, and
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Learning from Financial Fraud Detection to Tackle Opioid Abuse Amid COVID-19
Despite falling from its prominent place in the headlines, America’s opioid crisis is still raging. Anxiety, stress, depression, and isolation caused by the pandemic have contributed to substance use disorders. At the same time, the Drug Enforcement Administration has loosened prescribing restrictions, including waiving the requirement for in-person visits and allowing clinicians to prescribe controlled substances via telemedicine alone.
Given these conditions, it is not surprising that over
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3 Ways Digital Health is Transforming Decentralized Clinical Trials
Decentralized Clinical Trials (DCTs) have been gaining steam over the last decade, but it was the COVID-19 pandemic that cast its advantages into the limelight. Sponsors benefit by creating efficiencies virtually throughout drug discovery, research, and treatment phases. However, the greatest long-term benefactors will ultimately be the patients.
Many aspects of traditional clinical trials are inconvenient for potential candidates, including the commute distance to trial sites, time
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4 Ways 5G is Transforming Healthcare & Patient Care
We hear a lot about 5G technology, but for many of us, it's link to our lives goes as far as our smartphones and mobile service providers. But to think that 5G technology is only valuable for making our data speeds faster is like saying that electricity is great because it allows us to read books before bed. Sure, both are favorable side effects, but the impacts of each invention are far more widespread than that.
A lot of industries have been disrupted by 5G technology — the video game
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4 Trends in Senior Care Critical for the Future of Interoperability
When America’s seniors went to their first doctor’s appointment, they couldn’t have imagined that their health history would be stored anywhere but in a manila folder. Now, nine out of every 10 physicians use electronic health records (EHRs), and patient's health data lives on cloud servers. Though we’ve certainly come a long way from handwritten notes in filing cabinets, electronic health data still often exist in silos, and that can make caring for our aging population difficult.
Consider
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How Machine Learning Is Helping Consumers Take Action on Their Health
For years machine learning (ML) has been touted as a way for health plans to leverage the mounds of data they collect on their members, but practical use cases remain relatively uncommon. For some, the perception may be that ML is a futuristic and somewhat impersonal way to operate, but the exact opposite is true — ML is already being used and is here to stay, and when deployed correctly it actually creates a more personalized experience for members.
The first thought might be that ML and
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