For years, healthcare organizations have faced unique barriers to technological innovation. Enterprise-wide issues of disconnected systems and data, the slow speed of application creation, implementation, and maintenance, a lack of mobile capabilities, and the challenges of ensuring security, privacy, and compliance have made it difficult to innovate quickly to improve patient outcomes.
However, this paradigm is changing. In 2020, we will see big changes as healthcare organizations embrace the
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big data
DrFirst’s Patent-Pending AI-Based Tech Solves Major Hurdles to Medication Reconciliation
- DrFirst announced a pending patent for AI technology today that breaks down the “prescription language barriers” between different EHRs – a crucial step in the process to avoid adverse drug events – solving a once intractable problem faced by hospitals. - The new U.S. patented tech uses an advanced approach for applying AI to unstructured medical information to process free text into appropriate data fields of the EHRs, infer missing prescription elements based on context, and convert free
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The Future of Whole-Person Care: The Intersection of Tech and Holistic Health
There is a common misconception in the healthcare field that technological innovation is opposed to the philosophy of holistic care. Tech is viewed as artificial, manufactured, and impersonal — it values human experience only for the sake of developing better algorithms and treats the physical body of the patient without care for their personhood.
In contrast, holistic care is seen as organic and natural; elevating the physical, emotional, and spiritual needs of an individual and seeing them
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Privileged Only: Is Digital Health Tech A Solution for Elites?
Healthcare disruptors are betting the farm on digital health technology, and they have the funds to validate their enthusiasm. Investments in digital health startups came in at a staggering $8.1B at the end of 2018, marking an increase of 42% from 2017. While investments are slowly beginning to level out in 2019, analysts see this as a sign that the industry is maturing; not, as some thought, as a signal of pending collapse.
Health tech has been touted as the cure-all for financial
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The Health IT Staffing Shortage Is a Problem Morphing Into a Crisis
Staffing shortages have plagued the healthcare industry for years, and this year hospital IT departments are feeling more pain than ever. The shortfall in physicians and nurses understandably gets the most press attention, but two phenomenons are pushing scarcity of specialized IT workers into the stratosphere: computer and IT jobs across all industries are projected to grow 12% from 2018 to 2028, and healthcare is projected to add 3.5 million jobs during the period, about one-third of all new
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UCSF Launches Center for Intelligent Imaging to Accelerate AI Adoption in Radiology
- UC San Francisco launches Center for Intelligent Imaging named ci2 to accelerate the adoption of artificial intelligence (AI) in radiology to improve patient diagnoses and care.
- ci2 researchers will work with NVIDIA Corp. to build infrastructure and tools focused on enabling the translation of AI in clinical practice.
- The center will serve as a hub for the multidisciplinary development of AI in imaging to meet unmet clinical needs and provide a platform to measure the impact and
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Novartis to Establish AI Innovation Lab, Taps Microsoft As Strategic AI & Data Science Partner
- Novartis to establish the Novaris AI innovation lab and has formed a strategic partnership with Microsoft as its AI and data science partner.
- AI Innovation lab will leverage Novartis datasets with Microsoft’s advanced AI solutions, the lab will aim to create new AI models and applications to transform medicine.
- Novartis and Microsoft's strategic alliance will focus on the two core objectives of AI Empowerment and AI Exploration.
Novartis announced the formation of
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Healthcare Blockchain Startup BurstIQ Nabs $5.5M for HIPAA-Compliant Blockchain Platform
- BurstIQ raises $5.5M for HIPAA-compliant blockchain platform services for on-chain data management, complex data ownership, and granular consent.- The healthcare blockchain-based software company plans to aggressively expand sales, marketing, and network growth.BurstIQ, an Denver, CO-based provider of HIPAA-compliant blockchain solutions for the healthcare industry has raised $5.5M in Series A funding led by Elsewhere Partners. Elsewhere, a growth-stage venture capital firm which invests in
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3 Ways AI and Machine Learning Are Reshaping Medical Records
Since at least 2012, the world of medical records in both the public and private sectors remains dominated by a push toward interoperable data, and more broadly useful health data. Like everything else in American healthcare, the effort has been only moderately successful despite a price tag in the billions. In a modern digital world, where technologies in so many industries are bringing better insights and next generation efficiency – driven by cloud computing, big data, AI and machine learning
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HMS Acquires Population Health Analytics Company VitreosHealth for $36M in Cash
- HMS Holdings Corp acquires VitreosHealth, the first Insights-as-a-Service delivery model for advanced population health analytics for $36M in cash. - HMS is currently using VitreosHealth’s technology as the predictive analytics engine for HMS’ Elli, a risk intelligence solution that is part of the company’s integrated Population Health Management (PHM) portfolio.HMS believes the integration of VitreosHealth will enhance our predictive modeling and analytics capabilities within its PHM
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