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Dr. Sanjay M. Parekh Ph.D. , Sr Market Analyst at Signify Research Ltd.

10 Factors Radiologists Should Consider When Selecting AI Vendors

by Dr. Sanjay M. Parekh Ph.D. , Sr Market Analyst at Signify Research Ltd. 11/22/2019 Leave a Comment

10 Factors Radiologists Should Consider When Selecting AI Vendors

With over 150 independent software vendors developing machine learning solutions for medical imaging, sorting through the plethora of options to select vendors is a challenge. Here are 10 factors radiologists should consider (and questions they should ask) before partnering with vendors providing AI solutions for medical imaging. 1. Clinical Relevancy The foremost consideration for healthcare providers adopting AI into their clinical workflow is relevancy. Does the AI solution truly
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Can Consumer Price Transparency in Healthcare Live Up to the Hype?

by Meg Koepke, Vice President of Strategy at NovuHealth 11/22/2019 Leave a Comment

Meg Koepke, Vice President of Strategy at NovuHealth

There has been a lot of discussion in recent weeks and months about price transparency in healthcare. The idea is simple—payers and providers reveal the rates they pay or charge for health services in order to help consumers make better choices. Despite the hype surrounding price transparency, it will undoubtedly come with a whole set of realities and limitations—there are a variety of factors that go into setting prices, and in many cases, the prices that get posted don’t reflect the price
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Industry 4.0 in Life Sciences: A “5C” Point of View

by Chetan Kothari, Director of Business Consulting, Life Science Division at NTT DATA Services 11/21/2019 Leave a Comment

Industry 4.0 in Life Sciences: A “5C” Point of View

McKinsey & Company describes Industry 4.0 as the next phase in the digitization of the manufacturing sector that is being driven by four disruptions: the astonishing rise in data volumes, computational power and connectivity, especially new low-power wide-area networks; the emergence of analytics and business intelligence capabilities; the new forms of human-machine interaction, such as touch interfaces and augmented reality systems; and the improvements in transferring digital instructions
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Why HCAPHS Is Archaic In Healthcare Today

by Helen Hrdy, SVP of Customer Success at NRC Health 11/20/2019 Leave a Comment

Why HCAPHS is Archaic in Healthcare Today

Hospitals Want HCAHPS revised. Here’s Why.  The Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) survey hasn’t changed since its inception in 2006. Healthcare leaders have long wanted to see it reformed. Now, hospital groups are making the case for a major HCAHPS overhaul.  Here’s what they’re are asking for, and what their requests mean for the future of patient experience. A Useful Tool, But An Outmoded One Leaders at the American Hospital Association, the
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Medical Blockchain Credentialing -Lead, Follow or Get Left Behind

by Adrienne Bolger, CTO and Tiffany Long, Director of Credentialing at BlocHealth 11/19/2019 Leave a Comment

Medical Blockchain Credentialing -Lead, Follow or Get Left Behind

There is a lot of buzz surrounding blockchain and its potential to solve some of the fundamental issues present with the current medical credentialing processes. Duplication of efforts results in vast amounts of wasted time and money.  This waste ultimately increases the costs of medical services to healthcare consumers. Blockchain, like any other new technology, has its nay-sayers: those that take a fatalistic view of whether it can live up to the hype. These nay-sayers believe everything
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RCM: Getting the Most from Your State’s All-Payer Claims Database

by Samir Panchal, Consultant, Freed Associates 11/18/2019 Leave a Comment

RCM: Getting the Most from Your State’s All-Payer Claims Database

This past year, California became the latest (and largest) state to legislatively mandate an all-payer claims database (APCD). As the name implies, an APCD is a statewide repository of all claims information from a state’s health care payers, including both commercial and government. The intent of an APCD is to help policymakers and others better understand the drivers of health care use and costs and spot usage trends across networks, facilities, and geographies. An APCD could also help assess
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Five Lessons Learned From Building A CRM for Pharma

by Thom Doyle, President, Human Care Systems 11/15/2019 Leave a Comment

Five Lessons Learned From Building a CRM for Pharma

We all know the pleasure of interacting with technology that does exactly what it’s designed to do. Whether it’s getting to your destination via Waze, reserving dinner through OpenTable or making an electronic payment through Venmo, applications that work have one important thing in common: they are designed with a purpose and are the true experts in getting exactly that thing done seamlessly. But professional industry software, especially when it comes to healthcare, is a lot more complex.
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Artificial Intelligence’s Need for Health Data – Finding An Ethical Balance

by Ross Upton, CEO & Academic Co-Founder of Ultromics 11/14/2019 Leave a Comment

Artificial Intelligence Need for Data – Finding An Ethical Balance

With doctors’ time in short supply, one area in which AI-driven tools could help transform healthcare is by increasing diagnostic accuracy. AI-driven diagnostic tools, especially in areas like cardiology, have the potential to save the healthcare system money and most importantly save lives. They are developed using incomprehensibly large datasets and can, therefore, discover patterns that are invisible to the human eye. For example, echo-based tools combined with deep clinical insight,
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Google-Ascension: Why Is HIPAA Probably Not Being Violated?

by Matthew Fisher, Partner & Chair at Mirick O’Connell 11/13/2019 Leave a Comment

- Various arrangements between Google and systems including the Mayo Clinic, University of Chicago, and Ascension draw concern and fears of Google just taking multitudes of personal information about thousands or millions of individuals. - Despite the most common statement being that Google is stepping around HIPAA, the most likely answer is that Google (and really many other technology-based vendors) can receive the data as a business associate. - Why is HIPAA probably not being violated?
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EMR Replacement: Abstraction or Data Migration?

by Justin Campbell, Vice President, Galen Healthcare Solutions 11/13/2019 Leave a Comment

The Value of EMRs: Broken Promise or Unintended Consequences?

Most healthcare organizations have already managed the transition from paper to electronic medical records. It was time-consuming, challenging and nerve-wracking. But with the first-generation of EMRs approaching the end of their usefulness, with mergers and acquisitions requiring the adoption of new systems (most incompatible with the legacy systems), with the advent of new government standards, more rigorous legal requirements and higher expectations associated with “value-based care” and
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