In this insight, we assess how the top US acute EHR vendors, namely Epic, Cerner, Allscripts and MEDITECH (+85% share of US acute market in terms of revenues), have progressed specifically on the third point, international expansion.The below figure shows that there is a significant variance amongst the big four in terms of revenue and share of business outside the US. Cerner has by far the highest revenue at more than $600M in 2018, representing 12% of its business. Whilst MEDITECH has much
Read More
Referential Matching—What It Is and Why It Matters for Providers
Letha Stewart, Director of Customer Relations at QuadraMed
Clean patient data is the critical first step for any successful health IT integration, EHR conversion, interoperability initiative or electronic information exchange. According to a recent Pew Charitable Trusts report, most hospital executives and administrators believe the accuracy of patient matching when information is exchanged between organizations with different EHR systems is subpar.
Further, as health systems continue to
Read More
3 Takeaways From The 2019 HIMSS & Health 2.0 European Conference
The HIMSS & Health 2.0 European Conference attracted over 2,600 delegates from 64 countries to Helsinki in June 2019. While there was a strong focus on healthcare in the Nordics, the conference brought with it a wide variety of vendors from across the globe all looking for new opportunities on the show floor. Our key takeaway – the goal to change mindsets in Europe towards how healthcare can be improved through the use of technology. We look at a few examples below, namely:- Developing
Read More
5G in Healthcare: 7 Advantages & Disadvantages for Providers to Know
It’s a fact. The more bandwidth-intensive connected medical devices and mobile devices our hospitals deploy, the more we are straining our health IT infrastructures. Something has to give. Many communications leaders see 5G technology’s real-time high bandwidth and lower latency access as powerful new technology features that are needed to expand healthcare applications’ capabilities and the functioning of medical devices, robotics, and mobile devices. Some say 5G will be transformative. Others
Read More
UCLA Spin Out DEARhealth Lands $6M for AI-Powered Pathways for Chronic Care
DEARhealth, a health IT spin-out
from the University of California, Los Angeles (UCLA) has raised $6.8 million
in Series A funding to expand its AI-powered pathway platform for chronic care.
Participants in the Series A funding round include Philips Health Technology
Ventures, Vesalius Biocapital III and Health Innovations.
DEARhealth was founded in
2011 by Daniel Hommes as a research project when a team of UCLA specialists
designed a value-based care program for the management of chronic
Read More
Global Digital Health VC Funding Breaks $5.1B in First Half of 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $5.1 billion in the first half of 2019, according to market research firm Mercom Capital. The 1H and Q2 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $5.1B in funding across 318 deals compared to $4.9B across 383 deals in 1H 2018. Q2 2019 VC funding held strong at $3.1 billion in 169 deals following the $2 billion raised in 149 deals in Q1 2019.
Read More
Redox Partners With Georgia’s Tech Incubator to Help Health IT Startups Scale
Healthcare interoperability provider Redox, today announced it has partnered with Advanced Technology Development Center (ATDC), Georgia’s technology incubator, to help health technology startups scale their business. Startups in ATDC's HealthTech Program get access to Redox's full-service integration platform. By working with Redox, startups in the program can overcome the industry's interoperability challenge, and focus on developing and establishing new technologies that will benefit
Read More
Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor
The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
Read More
Datica, Sansoro Health Merge to Offer Self-Service Platform for Cloud-based Healthcare Apps
Sansoro Health, Inc. and Datica Health, LLC announced today they have merged, offering a self-service platform for securing cloud-based applications and integrating patient data from multiple sources. The combined company is solving these problems today for an impressive list of customers; including Johnson & Johnson, VigiLanz, Vineti, and more.Healthcare’s Rapid Migration to the CloudHealthcare is rapidly migrating to the cloud. Healthcare cloud spend will grow from $24 billion this year to
Read More
CommonWell Health Alliance Taps Change Healthcare for Clinical Interoperability Services
Change Healthcare has been awarded a six-year contract by CommonWell Health Alliance to continue to provide clinical interoperability services. This agreement allows Change Healthcare to pave the way for health IT interoperability that reduces cost barriers, meets federally mandated requirements and sets the stage for innovations to better address value-based payment and patient needs.Value-based Payment & Transparency Driving the Need for Clinical Interoperability ServicesIn recent years,
Read More