Leveraging technology in the right ways can make or break the future of healthcare. One of the ways that healthcare will become more efficient, more affordable, and save more lives is through the use of big data.
What is Big Data?
Big data refers to a large amount of information being digitized, consolidated, standardized, analyzed and modeled. In healthcare, big data uses specific statistics from a population or an individual to research new advancements, reduce costs, and even cure or prevent
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iRhythm, Verily Collaborate to Develop Atrial Fibrillation Detection Solution
- iRhythm and Verily collaborate to develop health management solutions for atrial fibrillation patients.- The iRhythm and Verily collaboration aims to address this underserved population at risk for asymptomatic or silent AFib.- iRhythm will make an upfront payment to Verily of $5 million and potential milestone payments of up to $12.75 million.iRhythm Technologies, Inc. is teaming up with Verily, an Alphabet company focused on the development of digital health solutions aimed at improving the
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Mercy Launches a Nationwide Real-World Evidence (RWE) Network to Pool De-Identified Patient Data
Mercy Technology Services (MTS), the information technology arm of St. Louis-based Mercy health system, has launched a nationwide real-world evidence network to pool clinical data for advanced analysis. The new initiative aims to create a new model of curated data sharing among providers, drug and device makers, regulators and more to power better patient care.MTS Real-World Evidence (RWE) Network BackgroundDeveloped in partnership with global tech giant SAP, MTS’ new network aims to tap into
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Health Catalyst IPO Journey: Future Opportunities & Challenges to Watch
Last week saw Health Catalyst common stock begin trading on the Nasdaq Global Select Market. This marks the culmination of a journey that started 11 years ago and provides a great illustration of a start-up that has maximized the potential of the move in healthcare to value-based care. However, the IPO comes at a time where there is some uncertainty gripping the markets it targets and there are several key challenges for Health Catalyst to overcome in order to drive future success. Here’s our
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Orca Health Integrates Smart Apps With Redox’s EHR Integration Platform to Power Secure Patient Care Plans
A new collaboration between Orca Health and Redox will allow Orca to integrate their smart apps with health systems looking for a modernized approach to the patient experience. Starting in the waiting room and extending along the continuum of care, Orca Health’s smart apps allow providers to guide, accompany, and instruct patients while simultaneously gathering a wealth of actionable data. Using Redox’s full-service EHR integration platform, Orca will quickly and securely transfer patient care
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Health Tech VC Firm Flare Capital Partners Closes $255M Fund
Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
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Boston University, Sharecare to Build Community Well-Being Index With SDoH & Real-Time Datasets
The Boston University School of Public Health (SPH) and Sharecare, the digital health company helping people manage all their health in one place has formed a strategic partnership to build the most comprehensive and dynamic measure of well-being across the United States.Community Well-Being Index (CWI) OverviewThe Community Well-Being Index (CWI) from SPH and Sharecare will contextualize the critical impact that environment has on one’s access to health resources, readiness to change and
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Geisinger Selects EarlySign to Apply AI Algorithms to Identify Patients At Risk of Lower GI Disorders
Geisinger Health System announced it is partnering with machine learning solution provider EarlySign to develop AI-based solutions to identify individuals at risk of a range of chronic and high-burden diseases. The multi-year agreement will begin by deploying EarlySign’s LGI Flag through Geisinger’s Steele Institute for Health Innovation – to identify patients at risk of lower gastrointestinal conditions – including colorectal cancer and precancerous adenomas. This partnership follows the
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6 Considerations For Creating A Robust Healthcare Data Analytics Program
Healthcare organizations are increasingly turning to data analytics to solve their toughest business challenges. As information becomes less siloed, and technology systems do a better job of both generating and sharing data, organizations are seeing the need to more precisely identify patterns to predict patient needs, anticipate resources and improve processes. There is now as much emphasis on making the data work as there was on collecting data, so it can affect change.
Unfortunately,
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Paperless Beyond EMRs: 3 Reasons Why Healthcare Should Switch to Online Forms
Electronic medical records (EMRs) introduced a new era of healthcare management. Should healthcare operators want to venture farther, they may need to consider digitizing their internal operations, as well.Hospitals and clinics present extremely complex environments to manage. There is little wonder that manual and piecemeal approaches to everyday operations are no longer sufficient. Many healthcare operators are therefore turning to modern technologies. They can be optimized to make healthcare
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