The last few years have emphasized the need for high-quality healthcare for patients that is accessible and affordable for all. There is tension between stakeholders in the healthcare industry surrounding efforts to keep costs low and increase revenue, while not sacrificing patient experience. Years before the pandemic, the Affordable Care Act (ACA) revolutionized the healthcare industry and encouraged a new approach to balancing all the variables: value-based care (VBC). Whereas providers were
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Why The Time Is Now for Healthcare Provider Cloud Migration
It’s no secret that healthcare is a slow-moving industry. Its hesitancy to change has played out in a number of ways over the years — including its lingering resistance to cloud migration. Organizations holding out on migrating wonder: “Is it really secure? Why take the risk of shifting away from on-prem systems?” Moving to the cloud can feel like a daunting task, but with the right tools and plans in place, organizations can move confidently and securely, finally modernizing today’s digital
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AI in Healthcare: Paving The Way to Healthier Tomorrows, Today!
Captivating innovations like smartphones, the internet, and social media have swept across the globe, reshaping the contours of society in their wake. Today, artificial intelligence (AI) in healthcare brings both breathtaking promises and daunting uncertainties. Neither hype nor panic is helpful. What we need is a sober analysis of the real, practical, and immediate solutions AI can offer to genuine healthcare challenges we face today.
Despite the over $200 billion in venture capital invested
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How to Solve The Talent Shortage in Healthcare, Whether It’s Urban, Suburban or Rural
One of the most pressing issues in healthcare today is the growing talent shortage of qualified medical professionals. These critical staffing talent shortages could jeopardize communities’ access to care and result in dire consequences. The staffing shortage existed before the pandemic, but it’s only worsened during the past few years. According to government reports, 23% of hospitals are experiencing a significant staff shortage.
Since February 2020, hospital workforces have been reduced
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Transforming Healthcare & Life Sciences with 5G Connectivity
With its rapid adoption, 5G technology has the potential to completely revolutionize customer experiences and boost revenue in the life science industry.
Accenture research found that companies which invest in 5G capabilities will grow revenue 2.5 times faster in the next three years. And the life sciences industry is taking notice – according to a survey by HFS Science, the healthcare industry is positioned as the second-largest market for adopting 5G technology. PwC predicts that
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Top 7 Cybersecurity Vulnerabilities for Healthcare Organizations
The protected health information (PHI) entrusted to healthcare providers is more valuable than credit card numbers to cyber criminals. Why? Because medical records contain a cache of sensitive information. Healthcare attacks are a hot commodity for nefarious actors since that data can easily be monetized through fraudulent billing, blackmail, filing false tax returns for rebates, and ordering prescription medication and medical devices.
A recent Canalys study found the evolving threat
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3 Ways to Leverage RPA for Greater Value: Lessons from Healthcare
Despite assertions that healthcare is “burned out on talking about burnout,” the HIMSS 2023 presentations that have kept attendees talking long after the sessions ended included those that use automation to relieve workforce pressures.
From ways to support smarter, more seamless discharge to remote check-ins with tonsillectomy patients, use cases for automation ramped up considerably during the pandemic. That’s a trend that is poised for takeoff now that ChatGPT is dominating discussions at
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Drug-Gene Interactions: Minimizing Risk with Pharmacogenomics
Every individual responds differently to medications, and their reactions can vary greatly. While a specific drug may be effective for one person with no adverse effects, another individual may experience a negative reaction to the same medication. Pharmacogenomic (PGx) testing enables the identification of patients who are prone to adverse drug reactions, individuals who are more likely to benefit from specific medications and those who may require adjusted dosages. As adverse drug reactions
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Building Cybersecurity Resilience in American Rural Hospitals: Embracing the NIST CSF to Tackle Evolving Threats
To stop ransomware terrorists from locking up our Nation’s hospitals, the Federal Government is pushing patient-focused entities to align with a standard. It means more work for hospitals, but it’s necessary. Hospitals are regulated by HIPAA through the Department of Health and Human Services (HHS), which now requires the use of the NIST Cybersecurity Framework (CSF) as the basis for cyber risk assessment. The Feds issued the new requirement because of the need to standardize critical
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Why Leveraging Emerging Digital Health Startups Accelerates Innovation
The healthcare industry is undergoing a remarkable transformation, driven by the innovation and advancements introduced by emerging startups. In an era where healthcare spending is projected to triple by 2040 and the global healthcare market is poised for substantial growth, harnessing the potential of these startups is paramount. This article explores the pivotal role of collaboration with healthcare startups in accelerating technological advancements, benefiting organizations and
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