What You Should Know: - Today, Respira is introducing its AI wearable technology to monitor for certain very serious lung conditions. According to the Institute for Health Metrics and Evaluation, COPD (Chronic Obstructive Pulmonary Disease) and COVID-19 were the 3rd and 4th global causes of death during the height of the pandemic. Asthma, according to the World Health Organization, is the most common chronic disease among children. - Chest wearable uses tiny speakers and microphones to
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Time is Money in Healthcare Administration. How Much Are You Losing?
Administrative complexity is a billion-dollar problem, riddled with human-led, hand-done steps that simply don’t need to exist. In a given year, approximately a quarter to one-third of our healthcare spending comes from waste across the system. Sometimes, the cause of money waste is obvious, such as duplicated tests, misdiagnosis, extended ER stays, overtreatment, or failures in care coordination. The less obvious contributor: time. Time is wasted at nearly every step of the
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Decentralized Clinical Research Will Be A Paradigm-Shifting Trend
The field of clinical research is on the precipice of change, and for good reason. Traditional clinical trials and processes are primarily confined to sterile, isolated clinical settings that are often narrow in scope and provider-centric. Researchers of tomorrow, however, already are identifying accurate and effective new methods to conduct and draw meaning from their work, after concluding that current models for clinical research are not capturing participants’ real-world, lived experiences
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Cue Health Launches DTC Virtual Health Platform Featuring COVID-19 Self Test
What You Should Know: - Cue Health (Nasdaq: HLTH), a healthcare technology company, launches its direct-to-consumer (DTC) virtual health platform, making its first-of-its-kind molecular COVID-19 test available to people across the United States. Cue helps keep NBA players safe both on and off the court, supports the well-being of Google’s employees wherever they are, and keeps front-line workers well informed at the Mayo Clinic. - Beyond COVID-19 testing needs, Cue’s virtual platform
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Color Raises $100M at $4.6B Valuation to Expand Accessible, Equitable Public Health Infrastructure
What You Should Know: - Color, a San Francisco, CA-based health technology company committed to advancing public health, announced a $100 million Series E financing round at a valuation of $4.6 billion led by Kindred Ventures and by certain funds and accounts advised by T. Rowe Price Associates, Inc. with participation by existing investors General Catalyst, Viking Global Investors, and Emerson Collective. - Color makes population-scale healthcare programs accessible, convenient, and
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FDA Selects Aetion Evidence Platform to Assess In-Patient COVID-19 Treatments
What You Should Know: - Aetion, a NYC-based leading real-world evidence (RWE) company, announced that the U.S. Food and Drug Administration (FDA) has contracted with them to use their Aetion Evidence Platform® to rapidly assess in-patient COVID-19 treatments and advance regulatory science to help determine when, where and how to use RWD. - This project is designed to demonstrate how using a platform-based approach
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10 Tips for Improving COVID-19 Employee Immunization Initiatives
Within the past 18 months, what used to be a relatively simple process for organizations providing healthcare services – ensuring their employees had required and recommended vaccines – has gotten contentious and complicated – to say the least. The rise of the COVID-19 Delta variant and new immunization mandates creates concerns and complexities for hospitals, nursing homes, long-term care and other providers. As of early October, the CDC has approved Pfizer booster
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Lessons Learned: The Impact of COVID-19 on Infusion Center Scheduling
Over the past year, COVID-19 brought new stresses to hospital scheduling, given limited resources, physician availability, staffing challenges and physical materials. Beyond the obvious struggles with ICU capacity, COVID-19 also put a heavy strain on every step of the chemotherapy patient journey – from navigating new scheduling protocols to pre-screening to delays in diagnosis to reconfigured, socially distanced waiting rooms and treatment chairs. As we continue to navigate the pandemic, many
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Leveraging Technology to Optimize Staffing Shortages Post-Pandemic
Chronic understaffing and nurse burnout are two of the greatest and long-standing challenges within the healthcare industry. As a result of the pandemic, these challenges were acknowledged more than ever before. Pre-pandemic research highlighted the fact that the nurse vacancy rate in the United States was 9% at the start of 2020, while the average turnover of bedside nurses was 17%. These trends have only accelerated during COVID-19 and during this period of transitioning into a new normal.
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Telehealth: Short-Term Fad or Key to Improving Access to Affordable Healthcare?
While telehealth offerings have always held great promise, prior to 2020, their success was sometimes hindered by provider hesitation to adopt the technology, consumer reluctance to using virtual care, and a reimbursement methodology that did not value the investments required by providers or the positive impact on patients. That all changed practically overnight when COVID-19 struck. Use of telehealth spiked to more than 32% of office and outpatient visits by April 2020, thanks in
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