Each year, Adverse Drug Events (ADE) account for nearly 700,000 emergency department visits and 100,000 hospitalizations in the US alone. Nearly 5 percent of hospitalized patients experience an ADE, making them one of the most common types of inpatient errors. What’s more, many of these instances are hard to discover because they are never reported. In fact, the median under-reporting rate in one meta-analysis of 37 studies was 94 percent. This is especially problematic given the negative
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Health IT | News, Analysis, Insights - HIT Consultant
Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience.
The Cleveland Clinic and Amwell joint venture appoint
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M&A: CompuGroup Medical Acquires eMDs for $240M
What You Should Know:
- CompuGroup Medical (CGM) acquires eMDs, Inc. (eMDs), a
leading provider of healthcare IT with a focus on doctors' practices in the US,
reaching an attractive size in the biggest healthcare market worldwide.
- CGM is building an attractive platform for future
growth through complementary product portfolios and the ability to provide
comprehensive solutions for doctors' practices.
CompuGroup
Holding USA, Inc., a 100 % subsidiary of CompuGroup Medical SE
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Philips Unveils Vendor-Neutral Radiology Operations Command Center, Automated Radiology Workflow Suite
What You Should Know:
- Philips unveils a new multimodality virtual imaging command center that enables real-time, remote collaboration to broaden expertise between technologists, radiologists, and imaging operations teams across multiple sites via private, secure telepresence capabilities.
- In addition, Philips debuts
AI-enabled, automated Radiology Workflow Suite at RSNA 2020 to
advance precision diagnosis into clear care pathways and predictable outcomes.
Philips today
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GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients
What You Should Know:
- GE Healthcare announced a new artificial intelligence
(AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a
necessary and important step when ventilating critically ill COVID-19 patients.
- The AI solution is one of five included in GE Healthcare’s Critical Care Suite 2.0, an industry-first collection of AI algorithms embedded on a mobile x-ray device for automated measurements, case prioritization, and quality control.
GE Healthcare
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Signify Health Acquires Healthcare Payment Blockchain Company PatientBlox
Signify Health, a leading provider of technology-enabled healthcare solutions designed to keep people healthy and happy at home has acquired PatientBlox, an Atlanta-based technology company with deep expertise in applying distributed ledger technology in healthcare. The acquisition accelerates Signify's prospective provider payment capabilities for episodes of care, supporting the company's commitment to advance value-based care through novel payment and risk arrangements. Financial details of
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VA Taps Appriss for Drug Monitoring to Curb Substance Abuse
What You Should Know:
- The Department of Veteran Affairs is working with
Appriss Health to tackle the veteran opioid epidemic via drug monitoring.
- The tool will give VHA prescribers more complete clinical information, including controlled substance prescription histories, for patients, helping clinicians identify and prevent prescription drug misuse, resulting in better-informed care decision-making and improving patient safety.
Appriss
Health, a provider delivering
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Microsoft Launches Dedicated HealthTech Startup Program in India
What You Should Know:
- Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India.
- Selected startups into the program will benefit from
focused healthcare industry teams, co-innovation and collaboration, and
Microsoft AI for healthcare.
Today, Microsoft has announced the launch of a
dedicated healthtech
startup program to drive healthcare innovation in India. India faces
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M&A: Medsphere Systems Corporation Acquires Micro-Office Systems
What You Should Know:
- Medsphere acquires Micro-Office Systems (MOS),
developer of systems integration and communication tools. MOS will retain its
name and will serve as a division of Medsphere moving forward.
Medsphere Systems
Corporation today announced the acquisition
of Micro-Office Systems (MOS)
in a move that will even further enhance the value and usability of Medsphere’s
affordable healthcare IT solutions and services. With over 30 years of healthcare
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Cerner Launches Video Visit Platform for CommunityWorks Clients
What You Should Know:
- Cerner launches new Video Visit platform for CommunityWorks clients at no cost through 2021 to support rural health organizations.
Today in honor of National Rural Health Day, Cerner has announced the launch of their new telehealth offering to support rural health organizations through these tough times. The Video Visit platform will be offered to Cerner CommunityWorks℠ clients at no cost through 2021. The platform, which was announced at a virtual event for
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