Emad Rizk, M.D., President, CEO & Chairman of the Board, Cotiviti
Nine out of 10 healthcare leaders expect disruptive pressures to increase tremendously in the year ahead, according to a recent survey. However, fewer than half believe their organizations are prepared to withstand these forces.
In an era of transformation—in which traditional business models are continually being revamped in response to pressures such as consumerism, policy changes, and the market entrance of
Read More
3 Things Patients Want From Their Healthcare Financial Experience
Joe Polaris, Senior Vice President of Product and Technology at R1 RCM,
In most healthcare organizations, basic automation is used to complete individual revenue cycle tasks. Seldom, however, is technology used to optimize entire revenue cycle management (RCM) processes and improve the patient financial experience.
The situation is dramatically different outside of healthcare in industries that have long competed for direct consumer dollars.
To book an airline flight, for example, consumers
Read More
March 2019 News, Merger & Acquisition, IPO, Public Company Performance Summary
A brief summary of noteworthy news, health IT M&A activity, IPOs, and public company performance during the month of March.
Noteworthy News
Amazon, JP Morgan, Berkshire Names New Joint Venture Haven
Amazon, J.P. Morgan, and Berkshire Hathaway name joint venture Haven. In January 2018, the three founding companies announced plans to create this independent organization, now called Haven, which is free from profit-making incentives and constraints. Haven’s focus is the 1.2 million
Read More
Amazon Alexa Is Now HIPAA-Eligible, What’s Next for Healthcare?
Nathan Treloar, President & COO at Orbita, Inc.
Big News, But Just The Beginning
These days, big news stories in healthcare are just as likely to come from large technology companies as from major healthcare institutions. Case in point: In early 2018, Amazon created a huge stir in the industry early by announcing a venture with JPMorgan and Berkshire Hathaway that promised to go after the “hungry
Read More
Livongo Adds HIPAA-Compliant Amazon Alexa Healthcare Skill for Diabetes
Livongo, the leading Applied Health Signals company, today announced the Livongo for Diabetes program will now leverage Amazon Alexa's voice service to offer its Members the ability to ask any of their Alexa-enabled devices to provide their blood glucose readings and health tips via the new Livongo skill. The integration marks Livongo as the first consumer digital health company to collaborate with Amazon Alexa on a new HIPAA-compliant healthcare skill, which builds on Livongo's efforts to make
Read More
Analysis: How Digital Health Solutions Are Disrupting Care Delivery in Hospitals
Rainer Herzog, Vice President at Research2GuidanceNew stakeholders are entering the hospital arena, contesting the hospitals’ traditional role and freedom to provide care to the community. The newcomers’ focus is on digital care delivery processes and on a digitally enabled patient experience. Hospitals will have to start now to prepare their organizations for the coming change. Creating digital partner ecosystems is one prominent way to approach this task. Hospital stays can be frightening,
Read More
Consumerization of Healthcare: Why Differentiation is Critical for Clinics
Dr. Tashfeen Ekram, Co-founder and Chief Medical Officer at Luma Health
The consumerization of healthcare is upon us. As retail pharmacies expand their reach and giant tech companies such as Apple and Amazon enter the market, we are transitioning from patients to healthcare consumers with more options and more purchasing decisions to make.
Whether this shift will prove beneficial to overall health remains to be seen, but one thing is clear: patients are being faced with an increasing number of
Read More
Amazon Choice Integrates with One Drop for Diabetes and Hypertension Management
One Drop, a provider of digital therapeutics solutions, today announced an integration partnership with Amazon’s exclusive health brand, Choice. The integration with One Drop’s app will provide Amazon’s Choice customers living with diabetes and hypertension with affordable, accessible, and comprehensive digital health management services.One Drop/Amazon Choice Integration BenefitsLaunched in late 2018, Amazon Choice was developed by Arcadia Group to offer an array of affordable medical devices
Read More
Top 10 Challenges, Issues and Opportunities for Healthcare Executives in 2019
After 2.5 days of thought leadership discussions during its 30th Anniversary Annual Forum, executive participants of the HealthCare Executive Group (HCEG) voted on and ranked the 2019 HCEG Top 10 critical challenges, issues and opportunities they expect to face in their organizations in the coming year. Background/MethodologyThe rankings were developed in partnership with Change Healthcare and have been published for the last seven years. Executives from the payer, provider, and technology
Read More
Change Healthcare, Amazon Partner to Build Claims & Payment Network
Change Healthcare, today announced that its Intelligent Healthcare Network will now be complemented with a cloud-based network built on Amazon Web Services (AWS). The new cloud-based network infrastructure to promote more efficient, transparent, and secure administrative and financial transactions.As the first stage of a collaborative initiative working with stakeholders across the healthcare ecosystem, the company will deploy this network on Amazon Web Services (AWS). The network will allow the
Read More