The artificial intelligence (AI) healthcare market is expected reach $6.6 billion by 2021, representing a compound annual growth rate (CAGR) of 40 percent over the next five years, according to a report from Accenture. AI in health represents a collection of multiple technologies enabling machines to sense, comprehend, act and learn so they can perform administrative and clinical healthcare functions. Unlike legacy technologies that are only algorithms/ tools that complement a human, health AI
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Accenture Launches Life Science Open Partner Ecosystem to Advance Drug Discovery
Accenture, today announced it has created an open partner ecosystem developed in partnership with Merck and Amazon Web Services (AWS) designed to help independent software vendors (ISVs) and life sciences companies team more effectively to accelerate drug discovery efforts and, ultimately, improve patient outcomes.Life Sciences Partner Ecosystem Overview Built on Amazon Web Services and supported by ongoing work between Accenture and AWS through the Accenture AWS Business Group, the platform is
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Utilizing Blockchain in Healthcare: 3 Lessons Learned from Abroad
According to the Edelman Trust Barometer, America is suffering from a serious trust issue, and one of the areas which Americans seem to have the least faith in is their healthcare system. According to a recent New York Times article, in 1966, more than three-fourths of Americans had great confidence in medical practitioners, compared to as little as 34 percent today.Many argue that the US healthcare system is deeply flawed and is designed to benefit medical providers and insurance carriers
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Accenture: 61% of Consumers Have Used Virtual Health Assistants
Consumers are increasingly using a variety of digital self-service tools for managing their health, according to results of a survey from Accenture 2018 Consumer Survey on Digital Health released this week at HIMSS18.The survey of 2,301 U.S. consumers reveals that consumers are becoming more accepting of machines — ranging from artificial intelligence (AI), to virtual clinicians and home-based diagnostics — having a significantly greater role in their overall medical care. For example, one in
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Accenture Wins $138M Contract to Help Virginia Modernize Medicaid Enterprise
Virginia's Department of Medical Assistance Services (DMAS) has selected Accenture to modernize its Medicaid operation services and plan management. As part of the six-year $138 million contract, Accenture will help the department improve system flexibility and responsiveness, improve claims processing, accelerate technology deployments and control costs - benefitting providers, enrollees and program administrators.Virginia will be the first state to develop and implement a new Medicaid
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Accenture, Roche Partner on Digital Health Integration for Tumor Board Solution
Accenture and Roche are teaming up on a new collaboration aimed at improving how oncology teams prepare for, conduct and document clinical treatment decisions for cancer patients in hospitals. Under the terms of the multi-year agreement, Accenture will provide digital health data integration services to Roche’s NAVIFY Tumor Board solution – fostering more efficient collaboration, reducing errors and giving care teams more time to evaluate individual patient cases.What Is A Tumor Board? A tumor
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Accenture Makes Strategic Investment in Quantum Computing Startup 1QBit
Accenture has announced a new strategic alliance and minority investment in 1QBit, a leading quantum computing firm that builds quantum and quantum-inspired software to help organizations solve their most demanding computational challenges. The alliance will allow Accenture to develop new quantum-inspired analytics capabilities to solve healthcare and life sciences challenges through Accenture Analytics and scale pilot opportunities identified through the Accenture Labs. Terms of the transaction
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Accenture Launches Patient Experience Manager to Provide Single View of Patient Interactions
Today at Dreamforce in San Francisco, Accenture launched the Patient Experience Manager, a new solution that leverages advanced analytics capabilities to help life sciences companies aggregate, monitor and measure patient data from multiple sources, such as nursing support providers, specialty pharmacy services, and affordability programs.As part of the Accenture Intelligent Patient Platform, the Patient Experience Manager is fully integrated with Salesforce Health Cloud, allowing life sciences
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Accenture: 5 Tech Vision Trends Impacting The Life Sciences Industry in 2017 & Beyond
This week, Accenture released the results of its 2017 Tech Vision for Life Sciences report, an annual survey of life sciences executives that examines five key major technology trends shaping the industry. Combined with extraordinary advances in science, these trends are empowering patients around the world and giving rise to new products and solutions that are more relevant and impactful than ever before.Digital health capabilities are becoming a regular component of everyday life and, combined
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Accenture Joins Hashed Health Blockchain Consortium to Develop Industry Use Cases for Blockchain
Hashed Health has added Accenture as a member of the Hashed Health Blockchain Consortium, a group of leading health companies focused on accelerating innovation with blockchain and distributed ledger technologies, as announced today at the Distributed: Health 2017 conference. As a consortium member, Accenture will focus its efforts on developing industry use cases for blockchain and distributed ledger technologies and identify opportunities where organizations can implement solutions at
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