The European Union (EU) has announced guidance on the Identification of Medicinal Product (IDMP) — and pharmaceutical companies around the world should take notice. While the EU will be the first to design and implement IDMP, other countries, including the United States, will need to begin following suit. It’s imperative that companies begin evaluating what changes need to be implemented, and the sooner pharmaceutical companies act, the better.
Designed to connect data elements and
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Why MDs (and Patients) Can’t Thrive without MDM and Protection
It's no secret providers are increasingly reliant on mobile devices like cell phones, tablets, and laptops to improve patient care. These tools help simplify workflows, bolster patient connections, improve data accuracy, and increase the speed of care at the bedside. In fact, a recent study showed that 80 percent of physicians have access to institutional mobile devices to run medical applications during work. And another report highlighted that 94 percent of healthcare organizations adopt Apple
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Cultivating an Early Warning System in Healthcare Quality Through Bi-Directional Patient-Physician Engagement
Patient advocacy organizations and medical specialty societies can serve as a liaison between patients and providers in bi-directional engagement, closing gaps in the patient journey and ultimately driving innovation for higher quality care.
Patients are the keyholders to an enormous trove of data that is critical to taking the next step in improving the quality of their care. However, patient data collection has been a historically difficult process due to disparate data sources,
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The Desire for Cost Savings Driving Key Trends in Healthcare Market
The healthcare market underwent significant changes during the pandemic as patients rethought how they received care, including opting for more telehealth and deferred elective procedures, but patient care is now normalizing as patients return to the office. However, payers are working to reduce the cost of care to reel in healthcare costs and keep premiums lower to remain competitive, driving key changes.
Ambulatory Surgery and Home Care
Surgeries are increasingly moving away from
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Thank AI for the New Enterprise IT Solution for Global Healthcare Operations
The needs of multinational healthcare operations have outpaced the capacities of homegrown IT systems. Flexible AI-powered SaaS IT service and asset management, on the other hand, excels on a global scale.
If you’re the CIO or CTO of a transnational healthcare or life sciences enterprise that employs around 10,000 workers around the world, you want to know if your IT system is in danger of crashing – even if the alarm sounds in the middle of the night. While you’re fast asleep, a team or
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Patching Cybersecurity Gaps in Healthcare, with New FDA Guidelines and Zero Trust
When it comes to protecting patients from the impacts of ransomware, the time has come for the healthcare sector to rethink the way it approaches cyber resilience -- starting with Zero Trust strategies.
The unprecedented wave of ransomware attacks on the healthcare sector has upended long-held assumptions about network security. Confidence in traditional methods alone and the philosophies behind them, have been undermined. The ransomware era has become a time of reckoning – particularly
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Overcoming Ripple Effects of COVID-19 to Boost Patient Outcomes: 3 Insights
Fear of COVID-19 exposure isn’t the only thing holding patients back from seeking needed care during the pandemic. So are the complexities of navigating life after COVID-19—and it’s a struggle that physicians, who are overworked and burned out, can relate to as well.
Even as data indicates that consumer deferment of care—common during the first 18 months of the pandemic—has decreased, not all consumers have returned for care as soon as expected. In some instances, financial concerns
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5 Tips for Building Your Revenue Cycle Metrics Constellation
If you scan a bright, clear night sky, you will likely pick out familiar shapes. Depending on your creativity, you might see Ursa Major and Minor or perhaps only the Big Dipper and its little brother. But those stars are not only entertaining, they also are important points of navigation used by ancient sailors, the Apollo missions, and even the Mars Rover.
Just as sailors might choose the North Star to guide them, CFOs and healthcare revenue cycle leaders often seek a simple,
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The Gains and Pains of Using AI in the Pharmaceutical Industry
The costs for drug discovery and development are skyrocketing, but AI (artificial intelligence) is introducing new efficiencies to help find effective treatments faster.
A study in 2020 concluded that the estimated median capitalized research and development cost per product was $985 million. Contributing factors to this included larger trial sizes, the need to assess health technology, the requirement to provide data on comparative drugs’ effectiveness, and most
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Healthcare Payments: 3 Ways to Make the Experience Better for Patients and Providers Alike
The past few years have seen an enormous acceleration in the adoption of technologies that streamline and modernize payments across all industries. As embedded finance becomes more popular and companies begin to embrace automation technologies, there’s a clear opportunity for healthcare providers to embrace digital payments. Through the use of digital payment technology, healthcare professionals can make their services easier for their vendors, suppliers and patients.
Simplifying the Patient
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