It’s no secret that COVID-19 and the
corresponding near-immediate economic catastrophe will be felt for
significantly longer than the few short months it took to wreak its initial
havoc. While losses hit businesses from “a to z” (...except maybe Amazon, ironically),
hospitals and health systems tasked with treating the victims of this pandemic
bear a particularly harsh dose of the financial fallout -- $72 billion in CARES
Act hospital grants barely serving as a band-aid to the financial
Read More
Amazon | AWS | Healthcare Innovation | News, Analysis, Insights - HIT Consultant
18 Healthcare Augmented Reality and Virtual Reality Companies to Watch
Augmented reality (AR) and virtual reality (VR) are redefining what's possible in healthcare, as well as other sectors. The 18 companies listed below are some of the top virtual and augmented reality companies in the medical industry.
Defining Augmented Reality
Augmented
reality is a technology that blends real-world elements with virtual ones. For
example, a person might visit a trade show and aim their smartphone at a
display to activate an AR experience that allows them to see
Read More
Walmart Acquires Medication Management Platform CareZone for $200M to Enhance Digital Health & Wellness Capabilities
What You Should Know:
- Walmart acquires app-based patient medication management
platform CareZone for reportedly $200M to enhance its digital health and
wellness capabilities.
- CareZone’s technology and team members will join
Walmart to augment their current Health & Wellness capabilities and support
its focus on digital health care solutions. CareZone will remain a separate
company unrelated to Walmart.
Walmart announced
it has acquired
CareZone, a San Francisco,
Read More
The New Normal: Rethinking Healthcare Delivery in a Post-COVID World
It’s becoming clearer that, while we are all hoping that things are going to go back to the way things were at the beginning of the year, the COVID-19 crisis will result in a new normal. That’s especially true in healthcare, due to four issues that are being wildly amplified by the COVID-19 crisis. Namely:
1. The US government has huge deficits, and healthcare is a major driver of the unsustainable increase in these deficits.
2. Addressing the demand for healthcare as a right (not a
Read More
Amazon Transcribe Medical Enhances Speech-to-Text Accuracy of COVID-19-Related Terms
Amazon Web Services (AWS)
is now helping accurately assess, consume and analyze information related to
COVID-19 by enhancing speech-to-text accuracy of COVID-19-related
terms with Amazon
Transcribe Medical, a machine learning service that makes it easy
to quickly create accurate transcriptions from medical consultations
between patients and physicians.
These medical speech-recognition capabilities can now help
efficiently and accurately transcribe video and audio
Read More
Machine Learning Will Transform Medicine, but Only if We Use it Right
World chess champion Garry Kasparov made headlines all over the world in 1997 for something that he probably wasn’t very excited about. He lost a chess match. To a computer.
It was an IBM supercomputer called Deep Blue and its victory in that New York City match marked the first time a reigning world chess champion had been defeated by a computer under tournament conditions. It was also a symbolically significant event, the first sign that artificial intelligence could become equal to or even
Read More
COVID-19 Crisis Makes Complying with Data Interoperability a Priority
With healthcare organizations focused on battling COVID-19, the recent federal healthcare regulation requiring data interoperability may have become an afterthought. However, compliance with this rule will create a powerful tool for fighting COVID-19 recurrences and future pandemics.
If interoperability had gone into effect earlier this year as originally scheduled, many insurance companies and the federal government would now be able to securely share the data they have for most of the
Read More
Digital Health Contagion: How COVID-19 Accelerated The Positive Spread of Digital Solutions
Remember – just three short but world-changing months ago – when many of us were at the annual J.P. Morgan Healthcare Conference. The date was January 13th, 2020. Coronavirus was a problem in China, of vague interest – perhaps like SARS, unlikely to have a big impact in the U.S. Our community of healthcare executives, investors, and entrepreneurs were once again gathering in San Francisco. And the adoption of digital health? Well, there was still more talk than action.
The arguments for
Read More
Amazon, Epic, Mayo Clinic, Intermountain, Others Form COVID-19 Healthcare Coalition
What You Should Know:
The COVID-19 Healthcare Coalition is a
collaborative private-industry response to the novel coronavirus.
Its mission is to save lives by providing real-time
learning to preserve healthcare delivery and protect U.S. populations.
Coalition partners include Arcadia.io, athenahealth, Buoy
Health, the CommonWell Health Alliance, Epic, HCA Healthcare, Intermountain
Healthcare, LabCorp, Leavitt Partners, MassChallenge, Mayo Clinic, Microsoft,
MITRE, Rush
Read More
White House, IBM Partner to Fight COVID-19 Using Supercomputers
What You Should Know:
- The White House Office of Science and Technology and the U.S. Department of Energy teams up with IBM, and others to fight the spread of the coronavirus (COVID-19) using supercomputers.
- The COVID-19 High Performance Computing Consortium pooling supercomputing capacity to help researchers everywhere better understand COVID-19, its treatments, and potential cures.
- These high-performance computing systems allow researchers to run very large numbers of
Read More
