Digital twins are virtual representations of an object or system that spans its lifecycle, is updated from real-time data, and use simulation, machine learning and reasoning to help decision-making (IBM). In most cases, this helps data scientists understand how products are operating in production environments and anticipate how they may behave overtime. But what happens when a digital twin is that of a human being?
By using digital twins to model a person, you can use technologies like
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Health IT | News, Analysis, Insights - HIT Consultant
HIMSS Delivers 9 Recommendations for Strengthening Primary Healthcare
What You Should Know:
This week, The Healthcare Information and Management Systems Society (HIMSS) responded to a Request for Information (RFI) from the Office of the Assistant Secretary of Health on the HHS Initiative to Strengthen Primary Healthcare. The letter submitted on 8/1 calls for improved healthcare access, equity and outcomes to the US Department of Health and Human Services (HHS) Office of the Assistant Secretary for Health (OASH).
- The OASH requested input from
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Healthcare & Life Science M&A Activity Plummets 1H’22
What You Should Know:
- The index of Healthcare & Life Science equities tracked by Stout was down 16.8% in Q2 2022, which was in line with the S&P 500 decline of 16.4%.
- Healthcare & Life Science M&A activity plummeted to 338 deals in Q2 2022 versus 535 in Q2 2021 and a record 565 deals in Q4 2021. The report reveals credit markets likely to tighten, but a healthy level of M&A is expected to continue in the growing and defensive healthcare sector.
Key Trends and
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GSA Renews Contract with Xenex LightStrike Germ-Zapping Robots
What You Should Know:
- Xenex Disinfection Services has announced the 5-year renewal of its U.S. General Services Administration (GSA) contract, which enables federal agencies (including Veterans Affairs and U.S. Department of Defense healthcare facilities) to easily deploy Xenex’s powerful LightStrike™ room disinfection technology.
- In addition to federal agencies, the GSA contract supports the procurement needs of eligible state, local, territorial, and tribal governments (including
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Our Nursing Home Industry – A National Scandal
A society defines itself by how it cares for its most vulnerable, and especially its seniors. As a Board-Certified Internist and Geriatrician with over 35 years of providing care in nursing facilities, this sentiment has guided me throughout my career. It has led me to found Tapestry Health, a multispecialty medical practice that focuses on providing medical infrastructure in skilled nursing facilities (SNFs), as well as Project Patient Care, a patient advocacy organization based in Chicago,
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Annexus Health Raises $33M to Optimize Patient Access and Affordability
What You Should Know:
- Annexus Health, Inc. has announced its Series B financing of $33 million, which was led by leading digital health growth equity firm Transformation Capital.
- The funding is set to advance Annexus Health's mission to improve access to care and combat patient financial toxicity amid ever-rising healthcare costs
Re-Imagining the Healthcare Ecosystem by Increasing Access To Care
Annexus Health strives for a better healthcare experience for patients, more
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Samsung EVP Outlines Vision for Digital Health and Wellness
What You Should Know:
- This week, TaeJong Jay Yang, EVP and Head of Health R&D for Samsung outlined the company’s vision health and wellness.
- Samsung’s health and wellness vision is focused on setting new standards for health experiences through our Galaxy Watch series, and across our broader product portfolio.
Pillars of Samsung’s Health & Wellness Vision
Samsung has established three key pillars to help consumers reach their own goals:
1.
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Adventist HealthCare to Deploy Innovaccer Health Cloud for Value-Based Whole-Person Care
What You Should Know:
- Adventist HealthCare has selected Innovaccer Inc., the Health Cloud company to be their next-generation population health management and value-based care partner.
- Innovaccer will help Advent HealthCare create a unified data platform to help deliver deeper insights into community health and network operations.
Supporting Value-Based Whole-Person Care
One of the longest-serving health systems in the Washington, D.C. region, and one of
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A Hybrid, Technology-Driven Approach to Overcome Coding and RCM Staff Shortages
Exacerbated by pandemic-induced burnout, resignations, and even terminations1, chronic coding and revenue cycle management (RCM) staffing shortages have healthcare organizations struggling to find ways to keep revenue flowing despite a lack of qualified professionals to handle critical processes. It is a situation that has been brewing for years, as too few qualified professionals are entering professions that are expanding more rapidly than ever before.
According to the American Hospital
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Lyniate Acquires CareCom to Expand Semantic Interop Capabilities
What You Should Know:
- Lyniate, a global leader in healthcare data interoperability acquires CareCom, a provider of semantic interoperability. This acquisition builds on Lyniate’s recent merger with NextGate, a longtime leader in patient identity management.
- The combined organization will better support healthcare organizations in converting unstructured content into standardized data to help them assemble and manage more complete and accurate patient
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