Clinician shortage has reached a new level of urgency as we face rising demand and healthcare costs, according to a recent Accenture report. Healthcare workers are increasingly burned out and leaving the industry altogether in droves. Those who remain to do the work are overburdened. We ask seventeen healthcare IT executives for their insights on how health IT solutions could potentially help address clinician burnout, clinician staffing shortages, and deal with capacity. Staffing levels
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DrFirst
Health Gorilla Launches Pharmacy Data, Powered by DrFirst
What You Should Know: - Health Gorilla, a Health Information Network (HIN) and leading interoperability platform launches Pharmacy Data, a new product enabling seamless access to complete medication history data from most major pharmacies. - Pharmacy Data is powered by a new partnership with DrFirst and its MedHx Population Risk Management (PRM) solution to provide deduplicated medication history from local and national data sources, including prescribing data, pharmacy
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?
The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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GoodRx Acquires Pharmacy Services Platform VitaCare for $150M
What You Should Know:- GoodRx announced that it will acquire vitaCare Prescription Services, a tech-enabled pharmacy services platform that expands GoodRx’s offering to pharma manufacturers while improving patient access and adherence to affordable brand drugs. - Over 500 million brand prescriptions are written every year, yet only half are ever filled. This acquisition will give GoodRx the tools we need to help address this problem and facilitate the brand
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DrFirst Raises $50M in Follow-On Equity Investment, Totals $135M
What You Should Know: - DrFirst, a provider of e-prescribing, price transparency, and medication management solutions, announced today the closing of a $50 million equity investment from Sixth Street Growth, a leading global investment firm. Following Sixth Street’s previous $35 million investment and another $50 million from Goldman Sachs Growth, both in 2020, DrFirst’s investment total over the past year is now $135 million. - The company’s solution is used by nearly 300,000 healthcare
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Paper vs. Electronic: 72% of Americans Want Physicians to Use Mobile E-Prescribing Tools
What We Should Know: - A new e-prescription survey of 1,004 U.S. consumers, ages 18 and over conducted by Propeller Insights on behalf of DrFirst in December 2020 shows that despite the industry’s claim of widespread adoption of e-prescribing (EPCS), many doctors continue to write paper prescriptions. The survey found that 53% of Americans say some of their prescriptions are still sent to the pharmacy by phone, fax, or paper. - They also often wait days for even urgently needed
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021. Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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AI Collaboration Saves Pharmacies 5.5 Hours Monthly on Critical Administrative Tasks
What You Should Know: - DrFirst partners with a Kansas-based pharmacy management system (PMS) provider to improve safety and efficiency in hundreds of pharmacies across the country. - Speed Script is integrating DrFirst’s SmartSig technology into its suite of pharmacy management solutions (PMS) used by the community and long-term care pharmacies countrywide. - Using the two technologies could save pharmacies processing more than 250 prescriptions a day
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New AI Accurately Translates 93% of Prescription Information Imported into EHRs
What You Should Know: - Healthcare technology company DrFirst has announced the release of its next generation, patented SmartSig AI technology to improve the quality of patient medication history when it is imported into hospitals’ and health systems’ electronic health records (EHRs). - Simple prescription instructions, called “sigs,” can have hundreds of variations or be missing entirely from patients’ medication histories when they are imported into hospitals’ EHRs. The missing
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DrFirst, MARQUIS Med Rec Partner to Help Hospitals Improve Patient Safety Through Better Medication Reconciliation
What You Should Know: - DrFirst and the Society for Hospital Medicine, through its MARQUIS Med Rec Collaborative forms partnership, to work with hospitals to reduce these discrepancies in the medication reconciliation process—one of the most important steps to improve patient safety during transitions of care. - DrFirst will customize The Collaborative’s current toolkit, illustrating how its MedHx solution—the healthcare industry’s broadest source of medication history data available,
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