As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020.
Robbie Hughes, Founder, and CEO, Lumeon
“Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
Read More
Google Healthcare Technology & Services | News, Analysis, Insights - HIT Consultant
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
Butterfly iQ Expands Whole-Body Ultrasound System to Android Devices
- Butterfly iQ, the world’s first single-probe whole body ultrasound system announces it is now compatible with Android for the first time, allowing for even greater accessibility to medical professionals around the world- With this expansion, Butterfly’s mission to help pave the way for early detection and diagnosis of health issues globally has become even more tangible. - From remote villages in Africa to research missions in the arctic tundra, Butterfly is dedicated to providing a seamless
Read More
What Will It Take To Build The Uber of Medical Records? 3 Critical Steps to Consider
Our healthcare system has struggled with data silos and clumsy, antiquated data sharing practices forever and a variety of stakeholders will need to work together to achieve anything close to an “Uber of medical records.”
It’s well documented and understood that the healthcare industry has historically been slow to adopt new technology while other business sectors have welcomed it with ease. For example, while most industries abandoned the fax machine in the 1990s, as recently as 2017, fax
Read More
Youth Suicide & Depression Crisis: Can Health IT Make A Positive Impact?
Perhaps it’s because we live in an age of competing epidemics and crises—opioids, impeachment, homelessness, insulin—that youth suicide trends don’t warrant a front-page headline every week.The numbing, knee-bending statistics say they should.Per the CDC, suicide rates among young people 10-24 years old rose 56 percent between 2007 and 2017. Suicide is now the second leading cause of death for that group after accidents like car crashes—paradoxical tragedies often caused by the excessive
Read More
Analysis: November 2019 Health IT M&A Activity, Public Company Performance
– Healthcare Growth Partners' (HGP) summary of Health IT/digital health mergers & acquisition (M&A) activity, and public company performance during the month of November 2019We did a doubletake when we noticed all of the HGP healthcare indices climbed approximately 10% during the month of November. Year-to-date, the S&P 500 is up over 25% and the HGP healthcare indices are all hovering in that range. In the two month period since September, when talk of universal healthcare reached
Read More
Digital Transformation In Healthcare Is Not Happening As Fast As It Should — And There’s One Reason No One is Talking About
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 overcome healthcare’s uniquely complex barriers to
Read More
Change Healthcare, Google Expand Enterprise Imaging Platform With 4 Providers
- Change Healthcare announced a strategic initiative to build and implement the cloud-native Enterprise Imaging Network on the Google Cloud platform with four providers as development partners. - The network will enhance and optimize medical imaging data––enabling providers to improve clinical, financial, and operational outcomes.Change Healthcare, today at RNSA 2019 announced the latest milestone in its strategic initiative to build and implement its cloud-native Enterprise Imaging Network:
Read More
Elsevier Acquires 3D Anatomy Platform 3D4Medical
- Elsevier acquires Dublin, Ireland-based 3D4Medical, an advanced 3D anatomy platform for an undisclosed sum.
- The 3D4Medical acquisition complements Elsevier's well-established and trusted health education offerings.
Elsevier, a global information analytics business specializing in science and health, and part of RELX, has acquired 3D4Medical, the global anatomy education company headquartered in Dublin, Ireland. With this acquisition, 3D4Medical joins Elsevier's
Read More
Quartet Health, Cambia Health Solutions Partner to Bring AI-Enabled Platform to Cambia’s Members
- Quartet is partnering with Cambia Health Solutions to bring its AI-enabled platform to Cambia's members so they can get better access to mental healthcare.- Additionally, Echo Health Ventures, a strategic collaboration of Cambia and Mosaic Health Solutions made an investment in Quartet.Today Quartet, a healthcare technology and services company, announced a new partnership with Cambia Health Solutions to help improve the lives of people with mental health conditions. Cambia’s regional health
Read More
