In the MedTech sector, small and medium-sized organizations are the primary drivers of innovation, developing new technologies for diagnosing, monitoring, and treating various conditions. Despite their potential to transform patient care and enhance efficiency in healthcare environments, these companies face significant funding challenges. The high costs of development, complex regulatory pathways, and intense market competition create substantial barriers to attracting investors.
MedTech
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Health IT & Digital Health-Opinion | Op-Eds | Guest Columns | Analysis, Insights - HIT Consultant
How Digital Twins Open The Door for Next-Gen Clinical Trials
Clinical trials have been the cornerstone of medical innovation for centuries, but as the effort continues to improve patient care and speed the development of new treatments and medicines, sticking with the same old trial processes is no longer an option.
Innovative technologies like digital twins and generative AI are transforming the healthcare landscape and expanding what’s possible for the future of medicine with next-gen clinical trials.
Beyond benefits associated with
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Sonographer Burnout: Top 7 Causes and How to Address Them
Burnout among sonographers is becoming an alarming reality, driven by the demanding nature of their work. Every day, they face the emotional burden of delivering difficult news to patients, often with little time to recover before moving on to the next case. Long shifts and high-stress environments only add to the strain, making it harder for them to maintain their well-being. To address this, it’s essential to understand the root causes. The key risk factors contributing to sonographer burnout
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AI Can Make Plastic Surgery Practices More Human
Eye contact and good desk-side manner have always been incredibly important in the plastic surgery specialty, where patients’ decisions can be heavy with emotion around the perception of their image. Even what some see as a “small touchup” like dermal fillers are huge decisions for others because it is a change in how they present themselves physically and then carry themselves emotionally.
The practice of plastic surgery is inherently human, in the most sentimental sense. But, as we
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HIPAA Compliance in the Age of Big Data: Ensuring Patient Privacy in Healthcare Data Analytics
As healthcare providers increasingly embrace big data, they find themselves at a crossroads: the challenge of using relevant data to improve patient care while ensuring the highest levels of privacy and compliance with regulations like the Health Insurance Portability and Accountability Act (HIPAA). Violations of HIPAA can result in reputation damage, loss of patient trust, and also severe penalties—up to $50,000 per violation, alongside potential criminal charges. These legal parameters are
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The Health IT Needed to Implement Harris’ Medicare Home Care Proposal
Vice President Harris’ proposal to expand Medicare to include home care for seniors and people with disabilities could potentially provide up to 20 hours of weekly in-home care. The eligibility requirements for recipients is that they must face challenges with daily activities or suffer from serious cognitive impairments like Alzheimer’s.
Given this could potentially open up access to home care to millions of Americans who currently can’t afford to pay for it, will undoubtedly place an
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How Medicare Advantage Programs Can Address Social Risk and Improve Health Outcomes
There are almost 33 million people enrolled in eligible Medicare programs. Nearly half are enrolled in Medicare Advantage (MA) plans, and that number is expected to continue its climb. While many MA plans offer services that align with social determinants of health (SDOH) goals, there are still gaps in how these services reach and support vulnerable populations. This challenge is multifaceted. Critical issues include:
An incomplete understanding of how MA services impact different SDOHs
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Why Healthcare Execs are Hesitant to Embrace Long-Term AI Contracts
AI promises significant advances in patient care and healthcare operations, from improved diagnostics and personalized treatments plans to streamlining administrative tasks. Yet, a clear pattern has emerged in the decisions healthcare technology leaders are making around AI adoption within their organizations. Leaders are grappling with how to balance cutting-edge innovation with the risks and complexities of adopting an AI solution.
Despite the enormous potential of AI, healthcare executives
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Transforming The Contact Center Into A Value-Based Care Engine
The most effective way to reduce the amount of money our country spends annually on healthcare – which now exceeds $4.1 trillion – is to help people avoid becoming sick in the first place. That’s the fundamental premise of value-based care (VBC), which focuses on improving patient outcomes and quality of care while driving down costs.
VBC is great in intent and theory, but many provider organizations today are struggling to meet the quality and financial metrics stipulated under these
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Unlocking Value-Based Care Through Accurate Provider Data
There’s no better illustration of the healthcare system’s data problems than this: 80% of entries in the nation’s five largest health plans were inaccurate as recently as last year. With a majority of patients relying on their health plan’s provider directory to select a physician, it’s not hyperbole to say incorrect provider data is dragging the entire industry down.
How can value-based care be realized when patients can’t find the provider information they need? Something as small as
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