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Amazon | AWS | Healthcare Innovation | News, Analysis, Insights - HIT Consultant

Analysis: 2022 Semi-Annual Health IT Market Review

by Healthcare Growth Partners 07/29/2022 Leave a Comment

HGP Releases its July 2022 Semi-Annual Health IT Market Review

Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable

by Sanjula Jain, PhD., Chief Research Officer, Trilliant Health 07/25/2022 Leave a Comment

Impact of Applying Law of Small Numbers to the Telehealth Industry & Why Its Unsustainable

Driven by headlines and incomplete, misleading data that favor a telehealth narrative, health systems and healthcare investors must start asking "who" is actually supporting waning demand. The healthcare industry is no stranger to the 80/20 rule. The principle says 80% of an effect is driven by 20% of a cause, and in healthcare, it usually refers to there being a specific cohort of the population (e.g., the chronically ill) driving the majority of care utilization and costs. More recently,
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Amazon to Acquire One Medical for $3.9B

by Fred Pennic 07/21/2022 Leave a Comment

Amazon to Acquire One Medical for $3.9B

What You Should Know: Today Amazon and One Medical announced that they have entered into a definitive merger agreement under which Amazon will acquire One Medical. Under terms of the agreement, Amazon will acquire One Medical for $18 per share in an all-cash transaction valued at approximately $3.9 billion, including One Medical’s net debt. One Medical Background One Medical is a human-centered, technology-powered U.S. primary care organization
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AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market

by Fred Pennic 06/23/2022 Leave a Comment

AWS & MATTER Launches Incubator for EMEA Healthcare Startups Entering US Market

- Amazon Web Services (AWS) and MATTER, the premier healthcare incubator and innovation hub, announced the launched of a new incubation program called AWS Expand. - The program supports startups entering the US market from Europe, the Middle East, and Africa (EMEA) by providing expert guidance, mentorship, client connections, an extensive network within the healthcare industry, and more. AWS Expand’s First Cohort of 30 EMA Healthcare Startups The dual-track program will prepare Europe,
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SnapLogic Launches Amazon HealthLake Accelerator to Store, Share Patient Data

by Fred Pennic 06/01/2022 Leave a Comment

SnapLogic Launches Amazon HealthLake Accelerator to Store, Share Patient Data

What You Should Know: - SnapLogic, a provider of Enterprise Automation, today launched the SnapLogic Accelerator for Amazon HealthLake, which enables healthcare and life sciences organizations to easily ingest a range of raw data into Amazon HealthLake, powered by Amazon Web Services (AWS), and transform it into healthcare-related insights and actions. - This new Amazon HealthLake-dedicated integration and automation accelerator will help organizations looking to quickly connect systems,
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AWS Launches New Healthcare Accelerator Focused on Health Equity

by Jasmine Pennic 05/24/2022 Leave a Comment

AWS Launches New Healthcare Accelerator Focused on Health Equity

What You Should Know: - Amazon Web Services (AWS) today announced the launch of the next AWS Healthcare Accelerator—this year with a new focus on health equity. The Accelerator is open to startups with US operations and applications open today. - This is part of AWS’s efforts to help organizations use the power of the cloud to help tackle the health equity gap – other efforts include the $40 million AWS Health Equity Initiative, which AWS also provided an
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Geisinger Selects AWS as Strategic Cloud Provider to Migrate Over 400 Apps to AWS

by Fred Pennic 05/24/2022 Leave a Comment

Geisinger Expands Telehealth Services to Assess, Monitor and Triage COVID Patients At-Home

What You Should Know: - Geisinger has chosen Amazon Web Services (AWS) as its strategic cloud provider and will transition its entire digital portfolio of more than 400 applications and numerous workflows to AWS. - The project will be one of the largest electronic health record (EHR) cloud migrations to AWS to date, expected to enable life-saving technologies and save Geisinger several million annually. Geisinger's Cloud Migration to AWS The decision comes after a detailed multi-year
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Serenity Engage Integrates with Amazon Alexa Senior Living

by Fred Pennic 05/03/2022 Leave a Comment

Serenity Engage Integrates with Amazon Alexa Senior Living

What You Should Know: - Serenity Engage announces new, innovative technology integrated with Amazon's Senior Living solution from Alexa Smart Properties. ​​ - By marrying Amazon's Alexa voice AI and video technology with Serenity's platform, Serenity's custom Alexa deployment serve as a personalized, digital concierge - bringing simplicity and connection to an otherwise complex, siloed system. Bringing Simplicity to the Complex Senior Care Ecosystem Senior care providers and
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AWS Awards Arine Grant to Develop Solutions to Reduce Health Inequity

by Jasmine Pennic 04/28/2022 Leave a Comment

AWS Awards Arine Grant to Develop Solutions to Reduce Health Inequity

What You Should Know: - Intelligent medical optimization company Arine has been awarded has been selected for Amazon Web Services' (AWS) $40M global program supporting organizations that are developing solutions to reduce health inequities. The latest funding will be used to support NotiSphere's hiring to expand adoption across the industry and enable scalability to support the rapidly growing number of users. - Arine’s proprietary tech platform analyzes comprehensive data from across the
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How Automation Can Help with Healthcare’s “Messy” Data Problem

by Dr. Bob Lindner, Co-Founder & Chief Scientific Officer at Veda 04/25/2022 Leave a Comment

How Automation Can Help with Healthcare’s “Messy” Data Problem

Efficient data processing and data sharing are essential functions across healthcare—from patient care, clinical research, and health services planning to billing and government reporting for funding and research. But most of the data that the industry is processing is human-generated, meaning it’s messy and riddled with errors, and often manually inputted from Excel spreadsheets into various disparate platforms and technology systems. In some cases, our healthcare system is running on
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