What You Need to Know:
- New Sage Growth Partners report reveals more than a quarter (27 percent) of respondents believe their EMR will fail to meet their future needs. COOs are the most pessimistic (67 percent) followed by CEOs (37 percent), and CFOs (34 percent).
- Hospital Technology Forecast 2020 market survey report reveals hospital leaders’ top health IT investment priorities, challenges, and opportunities.
- 35 percent of hospital executives say if they could go back in time,
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Amazon | AWS | Healthcare Innovation | News, Analysis, Insights - HIT Consultant
Amazon Alexa Devices Can Now Answer Medication-Related Questions
What You Need to Know:
- In a new collaboration between First Databank and Amazon, consumers will have access to a wide variety of FDB’s drug information through simple queries via Alexa, Amazon’s cloud-based voice service.
- A subset of FDB’s drug information, trusted for more than 40 years by healthcare professionals, can now be accessed by consumers from any Alexa-enabled device.
- The Amazon Alexa integration provides custom content that allows consumers to ask about a drug’s
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The Hard Truth About Boosting Patient Acquisition
Technology giants and other non-traditional players are moving into the healthcare market, giving consumers a host of new options for how and where they obtain services. Everyone from Apple and Amazon to G.E. and Berkshire Hathaway are disrupting the market by introducing new delivery models that emphasize simplicity, transparency and positive digital experiences.
Traditional players will need to recalibrate how they build market share due to this new consumerism threat. In fact, a
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Can EHRs Stand Up Marketplaces for Innovation?
The Office of the National Coordinator for Health IT (ONC) continues to advocate for improved data exchange, with the interoperability and information blocking rules being the latest federal push.
One of the ONC’s goals with its latest guidance is to establish an ecosystem of innovation, with electronic health records (EHRs) serving as the foundation -- i.e., the platform enabling application development and user access.
But when it comes developing an EHR-based marketplace for
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CTA Launches First-Ever ANSI-accredited Standard for AI in Healthcare
- The Consumer Technology Association (CTA) announces the first-ever ANSI-accredited standard for the use of artificial intelligence in healthcare, developed by more than 50 organizations from tech giants to healthcare leaders.
- CTA convened 52 organizations – including IBM, Philips, BlackBerry, Doctor on Demand, Humetrix, American Medical Association, and AdvaMed – to develop this standard that provides a foundation to better
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Looking to Keep Data Analytics in Healthcare Affordable? The Answer is the Cloud
It’s clear that 2020 Healthcare will be the year of big market disruptions. With data-rich players such as Amazon and Google entering into the healthcare market space, many traditional health care systems are reviewing their own strategic plans with an eye towards staying relevant. According to a recent analytics survey by HIMSS, 32% of respondents said that population health is a top focus moving forward, and nearly 60% are eager to make improvements in care.
Most
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Analysis: January Health IT M&A Activity; Public Company Performance
– Healthcare Growth Partners’ (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of January 2020.
Ten years into the bull market, we operate in a heightened state of awareness for any indication of market weakness that may signal a downturn. While debt levels are rising and GDP growth somewhat sluggish, the world of private equity, public equity, and M&A continues to be in full swing bull market
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Beyond Healthcare Data; Shifting the Focus to Non-Healthcare Data
The recently proposed information blocking rule from the ONC and CMS has thrust interoperability into the spotlight like nothing has in recent years, making it a hot topic for media fodder, and a major concern for organizations — necessitating renewed attention to data-sharing practices.
The conversation surrounding this new rule has implied that information blocking is the result of healthcare organizations intentionally withholding data. However, more often than not, information blocking is a
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Report: Epic Will Not Pursue Further Integration with Google Cloud
- Epic account reps have notified their clients that they will not pursue further integration with Google Cloud, citing lack of interest among its healthcare provider customers. - The company plans to focus on Amazon Web Services (AWS) and Microsoft Azure as cloud providers. Account reps from Epic have started notifying their clients that they will not be pursuing further integration with Google Cloud as a service provider, according to a report from CNBC. CNBC reports that Epic cited lack of
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Leveraging AI and Machine Learning to Advance Interoperability in Healthcare
(Left- Wilson To, Head of Worldwide Healthcare BD, Amazon Web Services (AWS) & Patrick Combes, Worldwide Technical Leader - Healthcare and Life Sciences at Amazon Web Services (AWS)- Right)Navigating the healthcare system is often a complex journey involving multiple physicians from hospitals, clinics, and general practices. At each junction, healthcare providers collect data that serve as pieces in a patient’s medical puzzle. When all of that data can be shared at each point, the puzzle is
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