What You Should Know: - A new PwC report offers insights into how pharma companies can translate game-changing science into greater returns. - Despite many major therapeutic advancements within the last decade, returns from pharma companies lagged the S&P 500 by about one-third and biotech underperformed by 60 percent. The stock performance divide between the front and back of the pack has been widening. PwC’s analysis showed that in 2021, the five-year
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Why Digital Transformation Is Imperative to Combat Healthcare’s Labor Crisis
As the coronavirus pandemic first spread across the globe, health systems turned to technology and virtual care while focusing their efforts on COVID-19 and its consequences. Physicians deployed digital tools to keep the worried well out of hospitals, to keep beds open for COVID-19 patients, and to support and manage conditions like pregnancy from the safety of patients’ homes. Now the healthcare sector faces a new challenge. The so-called “Great Resignation” is causing workers to leave their
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Patient Data & Decentralized Web: The Key To A Healthier Future?
Interoperable data and IT systems in healthcare has long been an enigma - many have tried to tackle the challenge, but until now very little has changed. A truly interconnected network that brings together the infinite number of siloed systems used in healthcare services around the world, and even within the same county, has remained elusive. And so too has patient access to their own data. Considered by some as two distinct problems, however in reality the answer to both is the same: web 3.0
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Carta Healthcare Raises $17.3M for AI-Assisted Data Abstraction
What You Should Know: - Carta Healthcare, a provider of AI-powered clinical data abstraction technology and services, is pleased to announce a recent $17.3M Series A investment led by Storm Ventures. AI Digital Innovation Fund (affiliated with Mass General Brigham), CU Health Innovation Fund (affiliated with University of Colorado Anschutz Medical Campus), Asset Management Ventures, Maverick Ventures, Healthy Ventures, Waterline Ventures, Seven Peaks Ventures, Katalyst Ventures, and Atypical
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Abbott to Launch App to Track and Report Pain Relief in Chronic Pain Patients
What You Should Know: - Abbott launches new app, NeuroSphere myPath that will
allow patients to record their pain relief during the device trial period with
spinal cord stimulation or dorsal root ganglion therapy, simplify reporting
outcomes and connect patients to physicians who have real-time access to this
data - NeuroSphere myPath will be available in the Apple App
Store in the coming weeks and will be compatible with the latest iOS operating
system Abbott announced the
upcoming
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Cerner, Banner Health, Xealth Partner to Simplify How Clinicians Prescribe Digital Health
What You Should Know: - Cerner Corporation today announced with Xealth new
centralized digital ordering and monitoring for health systems, starting with
Banner Health, to foster digital innovation. - Health systems can prescribe digital therapeutics, smartphones, and internet apps directly within the EHR to address areas such as chronic disease management, behavioral health, maternity care, and surgery prep. Cerner, today announced it’s building on the recent collaboration with
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Holy Name, Sheba Medical Center Partner to Develop Digital Health Solutions
What You Should Know: - Holy Name Medical
Center based in New Jersey and Israel’s Sheba Medical Center, the largest
medical center in the Middle East announced a strategic partnership to develop
digital health and telehealth solutions, The
Times of Israel reports. - As part of the partnership, Holy Name’s team will Sheba’s ARC (Accelerate, Redesign, Collaborate) Innovation
Center with the focus of identifying clinical needs and developing
solutions to medical challenges. - ARC
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Evidation’s Appoints Co-CEO, Greenway’s New President, Other Health IT Appointments
Evidation’s Board of Directors has appointed Christine Lemke as Co-CEO alongside Executive Chair Deborah Kilpatrick. Greenway Health appoints Pratap Sarker as President to oversee all commercial and customer-focused functions including sales, marketing, and customer success. He will also work closely with Greenway’s clearinghouse, revenue cycle and IT teams to ensure the delivery of quality solutions that are critically needed to support practices’ business continuity, as well as their
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Greenway Health Taps AWS to Develop Cloud-Based, Data Services Platform
What You Should Know: - To help meet the needs of ambulatory care practitioners in a post-COVID environment, Greenway Health, a leading health information technology, and services provider, today announced a new strategic partnership with Amazon Web Services (AWS). - Leveraging AWS cloud services, Greenway is developing a
new cloud-based, data services platform, Greenway Insights, that creates new
data insights and healthcare interventions to advance the breadth of Greenway’s
products and
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Big Data Takes on the Silent Epidemic of Undiagnosed Behavioral Health Conditions
Prior to the COVID-19 pandemic, a study found that almost half of Americans will experience an episode of mental illness in their lives, but may never get the diagnosis and treatment they need. In a more recent finding, over 25% of American adults now meet the criteria for a diagnosis of severe mental distress. The looming impact on our collective mental health is concerning enough, but there are also serious implications for physical health. Left unaddressed, behavioral health issues
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