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Digital Twin Technology: Should Healthcare Jump on the Bandwagon?

by Inga Shugalo, Healthcare Industry Analyst at Itransition 04/29/2019 Leave a Comment

Digital Twin Technology: Should Healthcare Jump on the Bandwagon?

While healthcare is known for not jumping to conclusions very fast when investing in new technology, the industry starts to pick up the pace. Such “newcomers” as blockchain, IoT, VR, and AR get a well-deserved appraisal and become an integral part of next-gen custom healthcare software aimed at supporting personalized treatment and predictable patient outcomes across a wide range of conditions. We anticipate that the digital twin technology has good chances to become the next addition to the
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InstaMed Launches Blockchain App Prototype for Healthcare Payments

by Jasmine Pennic 04/05/2019 Leave a Comment

InstaMed Launches Blockchain App Prototype for Healthcare Payments

InstaMed, a healthcare payments network, announced that it released a blockchain app prototype to demonstrate how blockchain technology could be leveraged for the interaction points among providers, payers and consumers including claim submission, claim adjudication, claim payment, patient billing, and patient payment. InstaMed built the blockchain prototype on HL7 FIHR v4. Full Visibility into Full Lifecycle of A Patient EncounterProviders and payers nationwide are challenged to find ways to
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HIMSS19 Day 2 Announcements & Summary

by Fred Pennic 02/12/2019 Leave a Comment

4 Trends We Expect to See at HIMSS 2019

 Accenture: Millenials & Gen Z Are Shifting to Virtual, Retail, Clinic, Digital CareMillennial and Gen Z consumers in the U.S. are rapidly adopting non-traditional care models, such as retail clinics, virtual and digital services, according to results of an Accenture survey of 2,000 consumers.Key findings of the survey study include:- When considering traditional in-person care, millennials (ages 22 to 38 in 2019) were two to three times more likely than baby boomers (ages 55 to 73) to be
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Blockchain: Would You Trust an App to Protect Your Medical Records?

by Petar Stoykov, Community & Social Media Manager at Dentacoin Foundation, 12/17/2018 Leave a Comment

When it comes to medical records, privacy is paramount in the healthcare industry. It is for the very same reason that blockchain technology creates some amazing opportunities for innovation and disruption in the sector.Notorious as the technology powering up Bitcoin cryptocurrency transactions, blockchain is an encrypted ledger of digital transactions, distributed across multiple nodes through a peer-to-peer-type network that also leaves an auditable log trail of the events taking place. Every
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BlackBerry Named HIMSS Analytics Certified Consultant to Guides Organizations Through Stages of INFRAM

by Jasmine Pennic 11/29/2018 Leave a Comment

BlackBerry Named HIMSS Analytics Certified Consultant to Guides Organizations Through Stages of INFRAM

Today, BlackBerry announced it has become a HIMSS Analytics Certified Consultant to guide healthcare organizations through the stages of the Infrastructure Adoption Model (INFRAM), as well as ERAM. Professionally trained on the INFRAM, BlackBerry’s cybersecurity experts can assess a healthcare organization’s infrastructure architecture and help them achieve their desired INFRAM score.Understanding Infrastructure Adoption Model (INFRAM)Similar to the HIMSS Analytics Electronic Medical Record
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How Surgical Robots are Transforming the Operating Room

by Kayla Matthews 11/28/2018 Leave a Comment

How Surgical Robots are Transforming the Operating Room

During a traditional medical operation or surgery, the senior physician is at the helm with supporting doctors and nurses huddled nearby. Often, this process entails surrounding a patient who is positioned on a surgery table.Instruments will be stored in the same room, with nurses and assistants passing the necessary components to the doctor. Everyone listens, everyone works together, and it’s a close-knit, collaborative process.But that’s not how modern surgeries work anymore, at least not when
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Utilizing Blockchain in Healthcare: 3 Lessons Learned from Abroad

by Bo Vargas, CTO and co-founder of BitMed 11/26/2018 Leave a Comment

FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States Blockchain in Healthcare_Next Stop for Data-driven Healthcare: Blockchain

According to the Edelman Trust Barometer, America is suffering from a serious trust issue, and one of the areas which Americans seem to have the least faith in is their healthcare system. According to a recent New York Times article, in 1966, more than three-fourths of Americans had great confidence in medical practitioners, compared to as little as 34 percent today.Many argue that the US healthcare system is deeply flawed and is designed to benefit medical providers and insurance carriers
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How Blockchain Technology Could Help Prevent Medical Fraud

by Kayla Matthews, Contributing Writer 07/10/2018 Leave a Comment

How Blockchain Technology Could Help Prevent Medical Fraud

Most people know blockchain as the transaction ledger associated with cryptocurrency transactions. However, evidence suggests a specific use for it that applies to health professionals — reducing medical fraud. Blockchain’s Innate Characteristics May Cut Down on FraudIndividuals think blockchain shows promise for minimizing fraud in medicine because of some of the features it offers. For example, many fraudulent practices in the health industry and elsewhere begin when people manipulate or
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Why Did the Global Digital Health Market Strengthen During Q4 2017?

by Jasmine Pennic 01/30/2018 Leave a Comment

Why Did the Global Digital Health Market Strengthen During Q4 2017?

Healthcare innovation consultancy Enspektos, LLC, today released the latest edition of its quarterly study, digihealth impact trac. The report focuses on key Q4 2017 market themes and previews five digital health trends that will matter in 2018. The research reveals that telemedicine is having a far-reaching impact as adoption surges globally. Most importantly, telemedicine solutions are delivering economic benefits and re-shaping the patient-physician relationship, as clinicians learn what it
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Healthcare Blockchain Startup Mint Health Unveils White Paper for Vidamint Tokens

by HITC Staff 12/20/2017 Leave a Comment

MintHealth Blockchain

MintHealth, a global decentralized health platform with a portable, secure, and self-sovereign personal health record (PHR) built on blockchain technology and designed to drive healthy patient behavior through the Vidamint™ token. MintHealth announces the immediate availability of the associated white paper behind a planned Vidamint (VIDA) token sale in Q1 of 2018. The company also announces the addition of Wyche “Tee” Green, III, founder and director of Greenway Health™, to the MintHealth Board
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