Hospital and health system C-suite executives recognize that technology will play a central role in helping their organizations meet quality and cost objectives. Yet that’s not necessarily translating to a market that’s more fruitful for health IT companies. In fact, if your healthcare system is taking a more conservative approach to health IT investments in 2019, it’s not alone.
A recent survey of 100 C-suite leaders by Managed Healthcare Executive found that fewer than half of healthcare
Read More
Amazon | AWS | Healthcare Innovation | News, Analysis, Insights - HIT Consultant
Cerner Names Amazon Web Services (AWS) As Preferred Cloud Provider
Cerner names Amazon Web Services (AWS) as its preferred cloud provider to power enhanced clinical experiences, etc.Cerner Corporation (CERN) today announced a multi-faceted, strategic collaboration with Amazon Web Services, Inc. (AWS), an Amazon.com company, to accelerate healthcare innovation across the globe including naming AWS its preferred cloud provider. This expanded relationship is expected to power enhanced clinical experiences, increase efficiencies by lowering operational burdens for
Read More
DrChrono EHR Adds AI-Powered Medical Notes Integration for Medical Practices
Electronic health record (EHR) provider DrChrono has announced an integration partnership with DeepScribe to enable medical practices DrChrono EHR can use AI to automate medical notes from physician appointments and integrate it right into their Electronic Health Record (EHR).EHR Integrated SOAP Notes for Medical PracticesDeepScribe uses advanced deep learning technology to generate accurate, compliant, and secure SOAP notes right within a practice’s EHR. Practices using DeepScribe have reported
Read More
Healthcare’s Uncertain Future: 3 Data-Driven Approaches for Payers
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 non-traditional healthcare players such as Amazon and Apple—payers face daunting
Read More
3 Things Patients Want From Their Healthcare Financial Experience
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 simply open up an app or a website. At their convenience — any time of day
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?
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 tapeworm” that is the cost of healthcare in the
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
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 decisions to make that have immediate effects on health and wellbeing.
Read More
