In January 2020, the financial conglomerate Visa announced it was acquiring a relatively unknown startup, Plaid, for $5.3 billion. Corporate acquisitions like these are not uncommon, but someone at the United States Department of Justice took notice of this announcement. Visa had established a stranglehold on financial transactions. The Justice Department moved to stop the acquisition on grounds that Plaid posed “a threat to this monopoly: it has been developing an innovative
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Healthcare Cloud| Cloud in Healthcare, News, Analysis, Insights - HIT Consultant
Does Data Hold the Key to Streamlining Provider Credentialing?
Provider credentialing is an essential part of healthcare. A provider cannot work or get paid without a proper license or credential, and yet this highly complex process is still done on paper (also sticky notes on file cabinets, Excel spreadsheets—you get the idea) by many healthcare organizations. Manually credentialing providers adds to an already lengthy process. One expired certificate or a delayed privileging request can prevent a provider from seeing patients for more than 60
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RNSA22: CloudWave Acquires Sensato Cybersecurity
What You Should Know: - CloudWave, the expert in healthcare data security today at RNSA22 announced it has acquired Sensato Cybersecurity, a managed cybersecurity services company focused on protecting healthcare providers from ransomware events and other cybersecurity threats. - The Sensato Cybersecurity suite is a natural fit with CloudWave’s OpSus Cloud Services. The acquisition will bring together leading-edge cloud hosting services and managed cybersecurity-as-a-service to
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RNSA22: Couchbase on AWS Enables Arthrex to Improve Patient Outcomes with IoT Data
What You Should Know: - Couchbase, Inc., the cloud database platform company, today announced that Arthrex, a global leader in minimally invasive surgical technology, selected Couchbase on Amazon Web Services (AWS) to improve patient outcomes. - Embedded in the Arthrex Synergy product family, Couchbase is used in customer hospitals and operating rooms to manage the capture, sync and storage of patient data, surgical data and media metadata, including captured images and videos from Arthrex
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Why Security Misconceptions Are Threatening Healthcare Systems’ IoT Devices
Hospitals and other critical healthcare systems face skyrocketing risks as ransomware attacks—which most commonly target IoT devices—continue to escalate. In 2021 alone, IoT ransomware attack incidents targeting healthcare organizations increased by 123%. While most healthcare systems have a healthy respect for the importance of securing the myriad Internet of Medical Things (IoMT) devices humming within their facilities, many harbor misconceptions that hamper their abilities to
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Keeping Telehealth in Great (Security) Shape
COVID-19 turned telehealth into a household term, transforming the services that healthcare providers can offer patients. Thanks to advancements in connectivity, global experts in rare procedures and conditions can connect virtually to share knowledge with local medical practitioners and surgeons – and can conduct remote consultations in the comfort and privacy of patients’ homes worldwide. Telehealth is still viable and very important to connect patients to healthcare providers, even as the
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AdvancedMD to Roll Out 35+ Updates in Major Product Release
What You Should Know: - AdvancedMD announced its 2022 Fall product release that includes 35 new features added to its suite of all-in-one medical office and remote care cloud software. This marks one of the largest product release updates in AdvancedMD history, reflecting the robust nature of the leading cloud-based platform used by more than 40,000 practitioners across 13,000 practices, and 850 medical billing companies. - AdvancedMD’s fall release ensures more unified and smoother
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3 Reasons the Cloud is Critical for Ensuring Patient-Centered Care
As the healthcare sector embraces value-based care, the patient – not the procedure – is the central focus for providers. But the move to patient-centered care requires several significant deviations from the status quo. For example, more personalized treatment is required through information sharing and collaborative decision-making among providers, patients and their families. There is also a greater need to focus on overall physical, mental and emotional well-being of patients, as
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Cipher Skin Launches Pilot Program for Tech-Enabled Physical Therapy Rehab
What You Should Know: - Cipher Skin and Parker Health launches a new pilot program to help bring tech-enabled physical therapy to Medicare and Medicaid patients. - With plans to pilot the program in Austin, San Francisco, Los Angeles, and Kansas City, the partnership will bring Cipher Skin’s wearable motion and biometric-tracking technology to select orthopedic clinics that use Parker Health’s platform. This collaboration will help accelerate
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HLTH22 Day 2 News Summary: Amazon Clinic Launch, General Catalyst, Verizon, Higi
Amazon Launches Amazon Clinic Across 32 States Amazon launches Amazon Clinic, a virtual care option that will operate across 32 states that offers up-front pricing, and treatment within hours, instead of days—helping customers achieve better health. Welcome to easy-to-use, effective care for common health conditions. For customers, the cost of consultations will vary by provider and includes ongoing follow-up messages with their clinician for up to two weeks after the initial
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