According to Forrester data, the healthcare industry is estimated to spend up to $66 billion in technology budgets in 2017. In fact, healthcare systems are expected to see the most growth in business technology application spending as the remit for software in the industry expands. While the prospect of increased investment in health IT is exciting, data also show that 70% of digital transformation projects are expected to fail by 2018. With such a high risk for failure, how can health IT safely
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Health IT | News, Analysis, Insights - HIT Consultant
Survey: 50% of Providers Are Not Using Social Determinants of Health
According to a LexisNexis survey, 88 percent of hospital CIOs say the ideal time for patient engagement is prior to admission through community health efforts. Collaborating with healthsystemCIO.com, the survey reveals that hospitals and health systems are using social determinants of health (SDOH) data to enhance patient engagement programs.When asked about using SDOH data, 50 percent of providers stated they are not using SDOH data in patient engagement; however, 42 percent say SDOH data is
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DrFirst Launches E-Prescribing App to Combat Opioid Over-Prescribing
DrFirst, a provider of in e-prescribing and medication management solutions, today announced the launch of iPrescribe, a mobile app that allows physicians to prescribe legend drugs and controlled substances while complying with state prescription drug monitoring program (PDMP) requirements. The iPrescribe app can be downloaded from the Apple App Store and Google Play Store.iPrescribe is the first mobile solution to optimize access to all the necessary tools physicians need to manage patients’
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Mount Sinai Researchers Use AI-Driven Algorithms to Help Doctors Diagnose Diseases
Researchers used machine learning techniques, including natural language processing algorithms, to identify clinical concepts in radiologist reports for CT scans, according to a study conducted at the Icahn School of Medicine at Mount Sinai and published today in the journal Radiology. The technology is an important first step in the development of artificial intelligence that could interpret scans and diagnose conditions.From an ATM reading handwriting on a check to Facebook suggesting a photo
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Former GE CEO Jeff Immelt Appointed Chairman of athenahealth
athenahealth, a provider of network-enabled services for hospital and ambulatory clients has appointed Jeff Immelt, former GE chairman and CEO, as chairman of athenahealth, effective, February 7, 2018.Mr. Immelt’s appointment as independent chairman is part of a series of strategic initiatives that athenahealth launched in 2017 to create a more focused and efficient company, drive increased levels of profitable growth, and enhance shareholder value. As part of these initiatives, the Company has
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Varian Acquires Radiation Oncology Solution Mobius Medical Systems
Varian, a Palo Alto, CA-based provider of cancer care solutions has acquired Mobius Medical Systems, a provider of radiation oncology Quality Assurance (QA) software. The acquisition will expand Varian's leadership in radiation medicine, by increasing its portfolio of patient treatment plan QA and machine QA technologies, and enables the company to potentially impact more patients around the globe with software solutions designed to assure the quality of treatments.The Mobius QA software is in
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Curing Healthcare’s “Tapeworm Effect” with Health IT
The joint venture just announced between Amazon, Berkshire Hathaway, and JPMorgan Chase & Co. is anticipated to bring profound transformation to the healthcare industry. By joining forces, these three giants hope to leverage their technological, sales, and investment expertise to address and resolve the many inefficiencies in the current U.S. healthcare system. The objective of this partnership is to harness their considerable scale and operational efficiency to manage healthcare’s rapidly
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UniNet Integrates Data With Innovaccer to Power Value-based Initiatives
UniNet Healthcare Network, a clinically integrated network (CIN) that brings together providers from across Nebraska and southwest Iowa, today announced their collaboration with Innovaccer Inc., a San Francisco-based healthcare data platform company, to integrate data from multiple sources for advanced analytics-based insights and care coordination across their network.With over 3,000 providers serving in 76 different locations, UniNet’s vision is to create a healthier population, one person at
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Why AI’s Impact on Healthcare Will Be Far-Reaching Beyond Cost Savings
According to a recent report, the market for artificial intelligence in healthcare was worth over $600 million in 2014. By 2021, this figure is expected to rise by 11 times to $6.6 billion. Healthcare is widely regarded as one of the premier industries destined for AI-led transformation. The reasoning is simple: AI is widely prescribed as an antidote for healthcare’s high costs and an enabler for better health outcomes and experiences.However, the industry has been slow to realize the
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SkylineDx Inks Partnership With Mayo Clinic to Develop Diagnostic Tests for Melanoma
SkylineDx, a Netherland-based commercial-stage biotech company has inked a joint development agreement with with Mayo Clinic to develop novel diagnostic tests which will improve clinical decision making for melanoma patients. For SkylineDx, the collaboration with the renowned Mayo Clinic is an important milestone as it allows the company to develop new diagnostic tests and extend its product offering for a broader group of patients and clinicians.The knowledge and experience of SkylineDx in the
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