Healthcare is in the midst of a data explosion, thanks to the widespread adoption of electronic health records (EHRs), the increased sophistication of insurance claims databases, and the growth of social media. These real-world data provide critical insights into the health of patients and can be leveraged to advance pharma and biotech initiatives that improve the delivery of care.This wealth of clinical data is particularly valuable for organizations seeking to understand the real-world impact
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Medical Wearables: How Next Generation Devices Will Change Healthcare
Medical patient monitoring devices are poised to disrupt the healthcare industry. According to Markets and Markets, the global market for medical wearable devices is projected to reach $12.1 billion by 2021, with the United States representing the largest market worldwide. With the ability to enhance the healthcare system by aiding in the remote monitoring of patients, wearables provide real-time access to health records and provide quicker diagnosis and treatment of conditions.They are
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Why 2018 Will Be A Landmark Year for GE, Siemens, Canon and Philips
With the new year dawning, the competitive landscape for global medical technology is mired in uncertainty. Of the “big four” vendors (GE Healthcare, Siemens Healthineers, Philips and Toshiba Medical Systems) three are undergoing radical change, creating perhaps one of most volatile competitive market environments for some time. Add to this the visible presence of new market entrants from informatics, outsourcing, consumer technology and the rapidly growing artificial intelligence sector, and
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Understanding The Hidden Costs of MPIs: 3 Things to Know
Patient matching is one of the major challenges facing the US healthcare system. It is becoming much more difficult as we enter an era where the amount and diversity of patient data is exploding with patient portals, patient engagement applications, telemedicine, and personal health records. Simultaneously, patient matching is becoming exponentially more important for patient safety, as well as to lower costs, to enable population health analytics, and to exchange patient information with other
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Is Patient Experience a Catalyst for Payer-Provider Collaboration?
The increased financial responsibility on the part of patients and developing options in telehealth and evidence-based care have made personalized, consumer-friendly information access a growing necessity for both providers and health plans.This shift has incented insurers and providers to collaboratively approach the patient both clinically and as a consumer of care. However, if a collaborative effort based on consumer experience is to work, it’s critical for these healthcare entities to focus
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A 3-Step Roadmap to Win Over Healthcare Consumers in 2018
According to Accenture, “U.S. hospitals that deliver “superior” customer experience achieve net margins that are 50 percent higher, on average, than those hospitals providing “average” customer experience.” However, as of 2017, many healthcare provider organizations continue to lag behind more progressive industries when it comes to digital consumer experience enablement, opting for traditional, outdated marketing tactics that don’t meet today’s consumers’ expectations for doing business. In
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Why Mobility Is The Secret Sauce of A Truly Effective Urgent Care Practice
For urgent care clinics, efficient patient care remains the critical goal to provide the best possible care to the largest possible number of patients in the least amount of time. Imagine being able to walk from room to room in your urgent care clinic with only an iPad loaded with custom forms which can handle anything that might happen that day. This is what a truly mobile EHR looks like, and in a dynamic medical environment like an urgent care clinic, it’s more necessary than ever. If your
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Healthcare Data Tsunami: Organizing Data in the Internet of Things Age
If you’re of a certain age, you had the opportunity to experience life before the Internet – the days before email, Facebook, and online shopping. If you wanted to send a note to your old buddy from high school, you’d pen a letter, stick a 15-cent stamp on an envelope and drop it in the mail. You might make a few purchases from a mail-order catalog, but do most of your shopping at a brick-and-mortar store.The Internet allows us to find just about everything we’ve ever wanted within one or two
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The Road to Smarter Alarm Management for Hospitals in 2018 & Beyond
Alarms are meant to command your attention. They are annoying and loud by design. In a hospital, however, alarms without management can be dangerous to patients and employees. It also reduces patient and employee satisfaction.The common strategies used by hospitals to manage alarms focus primarily or exclusively on reduction. This makes sense for several reasons:- The majority of bedside alarms are not indicative of patient deterioration;- Alarm fatigue in clinical staff is a documented patient
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Paging Dr. Siri: How AI-Integrated Digital Health Could One Day Diagnose Your Melanoma
Alexa is surging. An upgraded Siri and Samsung’s upcoming Bixby may soon compete in the home. Google is successfully catching up.Today’s virtual assistants make it feel like Artificial Intelligence (AI) is more pervasive than ever. And it is – with some substantial caveats. These agents are all powered by a combination of machine learning software and behavioral algorithms. Their “learning” is based on finding patterns in data, then (a) adjusting themselves by applying lessons learned to newly
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