According to the World Economic Forum, hospitals produce around 50 petabytes of data per year. And with 6,039 hospitals in the US alone, that amounts to a sizeable amount of data requiring secure storage. Data consists not only of confidential patient medical records but also of operational data retained by US hospitals such as personal and financial information.
This ever-increasing amount of patient data and growing risks associated with its loss, mean the stakes have therefore never been
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Apple Adds Medication Tracking to iPhone. How Will It Impact The Specialty Patient Journey?
Imagine visiting your doctor’s office. Instead of swiping a copay card and filling out a paper form by hand, the receptionist says, “We take Apple Health.” You wave your iPhone over a digital kiosk, instantly uploading your current medical record and insurance information. Your copay is then deducted from a health savings account. Voila! The doctor will see you now.
This scenario is no longer relegated to the distant future.
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Debunking 3 Common Myths About Healthcare Revenue Cycle Partnerships
The healthcare industry is facing unprecedented challenges, including severe labor shortages. According to a recent study, more than nine in 10 health systems and physician groups are experiencing a workforce shortage in revenue cycle management (RCM), with many of those reporting vacancies in over half of their RCM roles. This is one of the many reasons why there has never been a better time for health systems to think outside the box for solutions, including an RCM partnership. Often, when
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AI ‘s Role in Drug Discovery: Separating the Hype from the Hope
Forecasting the influence that artificial intelligence (AI)/machine learning technologies will have on the future of healthcare has created a cottage industry in the hype. From the overzealous aspirations of IBM’s Watson Health initiative to the inclusion of AI on Gartner’s 2021 Hype Cycle at the “Peak of Inflated Expectations,” so much noise has been made around AI/machine learning in healthcare that it can be difficult to appreciate the current impact of these technologies on drug discovery,
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Diagnosis: EHR Avoidance Syndrome
If you’ve read the healthcare IT trade press recently, you’ve no doubt seen stories about the clinical usability of EHRs and how it can be improved. When you look at the issue closely there are, ultimately, two approaches to “breaking the usability barrier” of these systems:
1. Provide EHR users with instant access to relevant clinical information for any condition a patient presents. This information should be connected to clinically responsive workflows that mirror the way physicians and
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3 Reasons to Implement an IDMP Solution Early
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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