Slowly, but surely, supply chain management is evolving. GHX’s Bruce Johnson explains.
It’s hard to believe that after nearly a decade of embracing HIT, the U.S healthcare industry still has its share of technological growing pains. Perhaps there is no better example than supply chain management (SCM), where manual methods often remain the default despite the enthusiasm to take things virtual.
According to a recent survey conducted by Sage Growth Partners, most executives believe SCM is a
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Hackers in Healthcare: What Damage Could They Do With Your Medical Data?
Conversa Health’s Scott Anderson provides a brief take on the state of data security in healthcare.The wave that is big-data doesn’t appear to be cresting in healthcare anytime soon, and unfortunately, neither are the threats waged against it. Hijacking and hacking into personal health information (PHI) has become a growing trend that’s here to stay. So, the question remains: what should be done about it?The last couple of years have unveiled a fair share of data breaches in healthcare: in 2017,
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HMS’ Jennifer Forster Talks Leveraging Social Determinants of Health to Improve Population Health Outcomes
HMS’ Jennifer Forster explains how payers can cut costs and improve population health outcomes by incorporating social determinants of health (SDoH) into the mix.While the future of precision medicine is often associated with advances in genomics, there is more to consider when it comes to developing personalized treatment and PHM efforts. In fact, considering social determinants of health (SDoH), a recent and growing trend in predictive analytics, is gaining traction.A new study in Population
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Dr. Saif Abed Talks Why Clinician as a Service Model is a Game Changer for the Industry
AbedGraham of Healthcare Strategies’ Dr. Saif Abed talks why Clinician as a Service (ClaaS) model is a game changer for the industry when it comes to developing and implementing successful HIT. While many tech developers gather around whiteboards and meeting tables to tackle healthcare’s challenges by exploring the latest in technical specs, there is often something missing amongst all the chatter regarding APIs, the newest software, and algorithms—human expertise.According to Dr. Saif F Abed,
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Medsphere CEO Talks Affordable Healthcare IT and Future of EHRs
Medsphere’s Irv Lichtenwald explains why the health IT industry needs to push for interoperable EHR solutions to curb healthcare costs. Health systems are spending obscene amounts of money on EHR implementations. In 2017 alone, Mayo Clinic began implementing a $1.5 billion integrated Epic EHR system. Temple Health reported a $5.7 million operating loss largely due to higher than expected staffing costs associated with their recent Epic EHR implementation. The provider set aside $15.1 million in
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Does Amazon Have What It Takes to Transform the Pharma Industry?
InteliSys Health’s Tom Borzilleri explains what Amazon could bring to the pharmaceutical space and what the move could mean for brick-and-mortar competitors.From basics like toilet paper to luxuries such as flatscreen TVs, Amazon can deliver just about anything to a doorstep these days—so, what about prescription drugs? That’s the question the company seems to be currently asking itself and is expected to announce its answer soon. The e-commerce giant has been quietly making moves into Pharma
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Don’t Let The Hype Fool You—AI in Healthcare Is Far From Perfect
Medicomp Systems’ Dr. Jay Anders explains what needs to change for machine learning to make a profound impact for providers and patients.Ever since IBM Watson wowed audiences with its superior knowledge on Jeopardy, the buzz around the potential and power of machine learning and artificial intelligence (AI) has grown across industries worldwide. However, Medicomp Systems’ Dr. Jay Anders says don’t let the hype fool you—AI in healthcare is far from perfect.“The sad truth is that there is a long,
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The New Walking Dead: Why 98% of Health Tech Startups Are Zombies
Health investor and entrepreneur Dave Chase says 98 percent of health tech startups are zombies right now—but the Quadruple aim could help some rise from the ashes to begin anew.Billions in venture capital (VC) funding may have poured into digital health over the last few years (more than $4.5 billion in 2015 alone), but it looks like many startups may have bitten off more than they can chew, and as a result, imminently face biting the dust before reaching profitability. At least, that’s the
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Why Today’s Digital Health Venture Model Is Broken
Echo Health Ventures’ Matthew Karls explains how his new healthcare investment company is breaking the mold and why that’s a good thing for startups.Today’s digital health venture model is broken. That statement seems bold and contradictory to the fervor and flourish of funding that has poured into the space recently. However, most health-tech startups are predicted to fail within the first two years of operation—why?In 2014, venture funding in digital health smashed records surpassing $4.1
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What Does the Current State of Digital Health Adoption Tell Us About Its Future in Healthcare?
What do today’s indicators of digital health adoption tell us about its future in healthcare? Rock Health’s Ashlee Adams weighs in.Digital consumption is at an all-time high. The trends that have more people looking down at their screens may indicate things are looking up for those in healthcare—why? Well, for one thing, increased digital use could help cut costs and create greater efficiencies and access to health services for organizations and patients alike. That’s been the speculative hope
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