- Valley Health System becomes the first health system in New Jersey to prescribe enterprise-wide digital therapeutics in partnership with Mount Sinai Health System spinoff Rx Health. - The program will use Rx.Health's newly-launched RxStitch engine. Valley Health System (VHS) based in New Jersey announced it will be implemented RxHealth’s digital therapeutics prescribing platform EHR integrated RxStitch Engine to support episodes of care and enterprise-wide digital transformation at VHS. This
Read More
Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019
- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter.
Q1 M&A Activity
Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
Read More
Digital Transformation In Healthcare Is Not Happening As Fast As It Should — And There’s One Reason No One is Talking About
Juan Pablo Segura, Co-founder of Babyscripts
At first glance, the healthcare field seems to be a goldmine for digital innovation. An overextended workforce, outdated protocols, hundreds of wasted hours in administrative tasks, a patient population that is wide open to digital solutions, a multitude of inefficiencies and redundancies — the opportunities for digital overhaul in healthcare are myriad. Yet every year the graveyard of digital health tools gets more crowded as innovators fail to
Read More
Industry 4.0 in Life Sciences: A “5C” Point of View
Chetan Kothari, Director of Business Consulting, Life Science Division at NTT DATA Services
McKinsey & Company describes Industry 4.0 as the next phase in the digitization of the manufacturing sector that is being driven by four disruptions: the astonishing rise in data volumes, computational power and connectivity, especially new low-power wide-area networks; the emergence of analytics and business intelligence capabilities; the new forms of human-machine interaction, such as touch
Read More
Google’s ‘Project Nightingale’ with Ascension Has Been Secretly Collecting Millions of Patient Records
What You Need to Know
- Google has been secretly working with St. Louis-based Ascension on an initiative code-named “Project Nightingale” to gather millions of patient records across 21 states since last year, reports The Wall Street Journal.
- The collected data includes patient names, date of birth (DOB), lab results, doctor diagnoses and hospitalization records to provide a complete health history.
- After the WSJ article, Ascension officially announced its collaboration with
Read More
AVIA Launches Partner Network with Cerner, Deloitte, AHA, HFMA
Healthcare innovation network AVIA launches AVIA Partner Network for health systems to gain access to proprietary insights and resources.American Hospital Association, Deloitte, Cerner Corporation, and the Healthcare Financial Management Association among leading organizations collaborating to accelerate digital transformation in healthcare.AVIA, the nation’s leading healthcare innovation network, today announced the launch of the AVIA Partner Network, which brings together several prominent
Read More
AVIA Lands $22M to Expand Healthcare Innovation Network to New Markets
- AVIA raises $22M to expand its leading healthcare innovation network to expand its service offerings and reach new markets. - Specifically, AVIA will tap into the new funds to grow its offerings in areas including consumerism, population health, and risk management, and to reach new markets such as pediatric hospitals and payers.- Members of the AVIA Innovator Network access unique insights, participate in collaborative strategic initiatives, and engage in consulting services to increase speed
Read More
Human API Joins Google Cloud Partner Advantage Program to Accelerate Innovation
- Human API today announced it has joined the Google Cloud Partner Advantage Program.- Human API’s collaboration with Google Cloud will focus on accelerating healthcare innovation in digital health and life sciences. - Human API's platform is now available on Google Cloud Marketplace which ensures that customers running applications in Google Cloud Platform (GCP) can integrate consumer data from across the healthcare ecosystem.Human API - a real-time consumer health data platform - today
Read More
Report: Poor Digital Experiences Are Driving Consumers to Switch Providers
- Consumer frustration is driving more than 2 in 5 U.S. people to consider switching their providers over the lack of digital engagement.- Outdated provider billing processes and a lack of digital payment options & plans are major contributing factors to late/missed payments, and the overall digital transformation of healthcare administration has been a major sore spot within U.S. healthcar- Younger healthcare consumers are significantly more frustrated, more likely to stop seeing providers
Read More
6 Health System Barriers to Digital Health Transformation
- When CIOs were asked about “significant” barriers to their Digital Health efforts, the top four responses pertained to issues with sponsorship and/or leadership.- Currently, the health delivery industry as a whole is still in the earliest stages of what will prove to be a digital transformation. - 40.4% of surveyed CIOs believe enterprise EHR vendors will play the biggest role in their facility's digital health journey in the next two years. The concept of digital health information was
Read More
