When it comes to skilled nursing facilities (SNFs) in particular and long-term care in general, a human-centered and empathetic approach is not only necessary, it's obligatory. Putting the needs, constraints, and perspectives of patients first enhances the level of care we're able to provide.
Perhaps ironically, it is the integration and adaptation of artificial intelligence (AI) that has demonstrated the biggest potential in improving empathy and compassion in the industry.
It may
Read More
Caregivers | Patient Care | News, Analysis, Insights
DispatchHealth Reaches $1.7B Valuation, Raises $200M for In-Home Care Model
What You Should Know:
- DispatchHealth has secured an additional $200 million in a Series D round of funding led by Tiger Global. The additional financing brings DispatchHealth into the “unicorn” category and solidifies its valuation at more than $1.7 billion.
- DispatchHealth’s new round of financing will allow the company to bring it’s model of in-home medical care to more than 100 markets across the country
Read More
Untapping the Potential for Virtual Care in a Pandemic and Beyond
Virtual care is everywhere and ubiquitous. But at a time when the world is amid a global pandemic, virtual care is also being underutilized. The technology exists today to help our healthcare system not only more effectively and efficiently manage care during COVID-19, but also exponentially scale capacity in the face of future outbreaks.
Virtual care defined
Virtual care is a broad term. It encompasses all the ways healthcare practitioners provide for care remotely. This can mean
Read More
Why Labor Management Systems Are a Resource Healthcare Can Rely On
In 2021, the role of advanced technology solutions across the healthcare sector can – and should -- be expanded. They already have been applied in such areas as billing, administrative work, in prescription management and some staff position scheduling. But with the ongoing advances in digital capability and automated intelligence, now is the time to consider a more holistic approach for how to integrate digital systems and solutions.
The rate of employment in healthcare has been on a
Read More
Virtual Care in the Post-COVID World: How to Prepare Your Healthcare Environment
As the COVID-19 pandemic accelerated telehealth adoption, many patients and providers supported the remote-friendly technology. While the big spikes of usage may slow, adoption is still far ahead from where it was pre-pandemic, and we expect that to remain. In fact, the global telehealth market is projected to reach $559.52 billion by 2027, and estimates indicate that up to $250 billion of the current U.S. healthcare spend could potentially be virtualized.
Organizations were forced to
Read More
The Combination of 5G and AI Will Transform Healthcare in 2021
Not many will disagree that the global pandemic has accelerated the use of technology in healthcare. With a healthcare system stressed to a breaking point, medical professionals have had to prioritize critical cases and increasingly turn to technology tools such as telemedicine and remote patient monitoring to manage the needs of their non-COVID patients.
As we begin to look beyond the pandemic, we will not only have the lessons of this time but improved tools to support the delivery of
Read More
Boston Scientific Acquires Remote Cardiac Monitoring Company Preventice Solutions for $1.2B
What You Should Know:
- Boston Scientific announces an agreement to acquire Preventice Solutions, a leading developer of mobile health solutions and remote monitoring services that connect patients and caregivers for $1.2B.
- The acquisition of external cardiac monitoring technologies and services providers will expand Boston Scientific’s rhythm management diagnostics portfolio and capabilities.
Boston
Scientific today announced that it has acquired
Preventice Solutions, Inc.,
a
Read More
3 Steps to Maintain Telehealth’s Momentum Post-Pandemic
In the face of COVID-19, healthcare witnessed how crises can become the long-awaited push for creativity and innovation that the industry needs. When our healthcare infrastructure’s weaknesses were exposed, telehealth helped to stitch them up, with the number of telehealth claims increasing 8,336% nationally from April 2019 to April 2020. Out of need, patients quickly turned to telehealth as a new model of care delivery; clinicians adapted to a new avenue for engaging with patients, policymakers
Read More
IoMT Is Improving Patient Access: We Must Avoid Creating New Barriers
The Internet of Medical Things (IoMT) is changing the face of healthcare and has the potential to significantly improve patient access as well as system efficiencies. The adoption of telemedicine, for example, spurred on by the Covid-19 pandemic, has spread rapidly. Forrester revised its forecasts to predict that virtual care visits in the United States will soar to more than one billion this year—including 900 million visits related to Covid-19 specifically. Likewise, in the United Kingdom,
Read More
CVS Health Launches Senior Medical Alert System, Symphony
What You Should Know:
- Today, CVS Health announced Symphony, a medical alert
system designed to keep seniors safe and connected at home.
- Symphony consists of a collection of in-home and wearable devices that offer a new at-home experience by connecting a suite of sensors that can monitor for falls, motion, and room temperature while also providing a 24/7 personal emergency response platform for use when needed.
CVS Health, today announced the release of Symphony medical
alert
Read More