Through years of disruption and advancement, the retail industry has evolved tremendously to meet the increased demands of a broadening consumer base. However not every industry – and most notably healthcare — has progressed with the times and buyers’ needs.
The healthcare supply chain specifically must expand beyond its antiquated roots to better serve buyers. Just as in retail, where the U.S. has seen exponential growth over the last 20 years, according to the U.S. Census Bureau, the
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Health IT | News, Analysis, Insights - HIT Consultant
Ibex’s AI-Powered Cancer Diagnostics Solution Obtains CE Mark
What You Should Know:
- Ibex Medical Analytics today announced that Galen™ Prostate has become the first standalone AI-powered cancer diagnostics solution to obtain CE Mark under Vitro Diagnostic Medical Devices Regulation (IVDR) for supporting pathologists in the primary diagnosis of prostate biopsies.
- Galen Prostate is the first standalone AI-based cancer diagnostics product of its kind certified under the IVDR.
- During 2023, Ibex plans to migrate additional
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Top Security Certifications Required for Data Protection
How secure is your data? If your organization does not have the right security certifications in place, it’s not a matter of if a data breach will occur – but when. A lack of regulatory compliance, network and technical vulnerabilities, unencrypted information, unsecured mobile devices, and weak credentials all play a part in putting a healthcare organization at risk for a data breach.
Today, the cost of a data breach comes with a hefty price tag – an average of $9.44 million in the
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Epic, Impact Advisors, Nordic, Chartis Named 2023 Overall Best in KLAS® Awards
What You Should Know:
Epic, Nordic, Impact Advisors and The Chartis Group won the 2023 Overall Best in KLAS® awards. Epic was named the top Overall Software Suite for the thirteenth straight year in 2023 Best in KLAS – Software & Services report, released, which reports on the top vendors for 2022. Epic was also named the top Overall Physician Practice Vendor. Epic won thirteen other Best in KLAS awards in various market segments.
- Impact Advisors tied with Nordic to be a
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Google Cloud, Health-ISAC Partner to Build More Resilient Healthcare
What You Should Know:
- Google Cloud announced that its security engineers are working with Health-ISAC Threat Operations Center to develop an open sourced integration that connects the Health-ISAC Indicator Threat Sharing (HITS) feed directly with Google Cloud’s Chronicle Security Operations information and event management.
- HITS allows Health-ISAC members to easily connect and quickly share cyber threat intelligence through machine-to-machine automation.
Helping
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Addressing Health Equity: Practical Solutions to Address Variations in Care
What You Should Know:
- The companies and organizations that comprise the Healthcare Leadership Council (HLC), representing all sectors of the American healthcare industry, have joined in a commitment to advance health equity in the United States including principles and actions to ultimately eliminate health disparities.
- The joint commitment follows the release late last year of a report developed by HLC and ZS, a global management and technology consulting firm, identifying multiple
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Why It’s Time for Intelligent Prior Authorization
The Centers for Medicare & Medicaid Services (CMS) recently proposed a new rule to advance interoperability and improve the prior authorization (PA) process for Medicare and Medicaid patients. Specifically, the rule stipulates that health plans adopt electronic prior authorization processes, adhere to shorter turnaround times, clearly communicate denial reasons, publish key metrics annually, and implement the Fast Healthcare Interoperability Resources (FHIR) Application Programming Interface
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FHIR Adoption and Implementation Challenges
The Fast Healthcare Interoperability Resources (FHIR) standard was introduced by HL7 in 2014 as a significant replacement for the HL7 V2 and V3 standards. An open standard called FHIR, which was initially drafted in 2011 makes it easier than ever for legacy systems and new apps to exchange data. FHIR was created to not only increase communication efficiency and interoperability compared to earlier standards but also to facilitate implementation by giving clear specifications and allowing
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CVS Health Acquires Oak Street Health for $10.6B in Cash – M&A
What You Should Know:
- CVS Health acquires Oak Street Health in an all-cash deal of $39 per share in cash, representing an enterprise value of approximately $10.6 billion. Bringing CVS Health and Oak Street Health together can significantly benefit patients’ long-term health by reducing care costs and improving outcomes – particularly for those in underserved communities.
- Oak Street Health CEO Mike Pykosz will continue to lead Oak Street Health, which will become part of CVS
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League & HealthSparq Transform Health Plan Member Experiences
What You Should Know:
- League, a healthcare consumer experience (CX) platform technology announced a partnership with HealthSparq, a Kyruus company delivering innovative transparency and guidance solutions to health plans.
- The strategic partnership will combine League’s award-winning digital infrastructure and HealthSparq’s personalized, compliant healthcare cost and quality information to transform member experiences. It will create a singular platform, integrating all aspects of a
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