What You Should Know:
- Charles Barkley Foundation forms a partnership with health IT company SynsoMed to combat health disparities for Black Americans impacted by the COVID-19 pandemic.
- Launches Save Our Selves (S.O.S) Council, comprised of Black influencers, technologists, healthcare professionals, and policymakers concerned about the health of Black Americans.
SynsorMed, a Birmingham, AL-based provider of remote patient monitoring (RPM) and chronic care management (CCM)
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Health IT
M&A Analysis: Mednax to Sell its Radiology and Teleradiology Business
Earlier this month saw Mednax announce significant plans to transform its business. Mednax intends to:
- Sell its Mednax Radiology Solutions business, which includes its radiology groups and the teleradiology market leader Virtual Radiologic (vRad).
- Reposition itself as a dedicated pediatrics and obstetrics business, including a return to its original company name, Pediatrix Medical Group.
Mednax made its entrance into the radiology business following the $500m acquisition of vRad in
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Report: State of Health IT Private Equity in the Era of COVID-19
In May, as the U.S. cautiously started to reopen amid intense controversy, HGP polled hundreds of private equity funds across all stages of investment to find out how COVID-19 has impacted deal flow. Eighty respondents provided their perspective on topics ranging from an appetite for new investments to access to debt to the impact on portfolio companies.
Respondent Demographics
Effect of COVID-19 on Valuations
When asked how they expect overall and Health IT valuations to behave in
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What’s the Secret to Building the Hospital of the Future? Simplicity.
As the healthcare industry becomes more connected, executives are increasingly looking for ways to digitally transform and provide next-level, life-saving care to patients. But it comes at a cost — and it’s not just monetary. The spiraling complexity of hospital networks is becoming a massive problem for health IT staff, and it’s inhibiting hospitals’ ability to advance. Brought on by years of network technologies and applications being layered onto the existing hospital infrastructure,
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ONC, The Sequoia Project Continue RCE Efforts to Support Nationwide HIE
The Sequoia Project, selected by the Office of the National Coordinator for Health IT (ONC) as the Recognized Coordinating Entity (RCE) to support the implementation of the Trusted Exchange Framework and Common Agreement (TEFCA), today celebrated program achievements and ONC’s announcement of the availability of approximately $1.1M of funding to continue the public-private engagement for a second year.Progress to DateIn 2019, ONC chose non-profit The Sequoia Project, to be the RCE following a
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Digital Strategies Health IT Must Prioritize During COVID-19
COVID-19 is introducing new weaknesses to an already strained healthcare system. As healthcare providers battle an increasing influx of patients and dwindling inventory – including critical personal protective equipment (PPE) supplies like masks, ventilators, and hospital beds – they are relying more heavily on their digital tools and applications than ever before.
This is an unprecedented opportunity for health IT professionals to contribute their skills and ingenuity to the COVID-19 fight.
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COVID-19 and Its Global Impact on Primary Care Virtual Consultations
Last week saw Teladoc Health release its 1Q20 financial results giving the US telehealth industry a first glimpse of how COVID-19 is impacting the ambulatory virtual care market. Discussion around the crisis and its impact on telehealth has been rife since early March and the data published by Teladoc Health highlights that this was justified.
The company reported that the number of virtual care consults in the quarter had passed the 2 million mark, up approximately 60% from the 1.24M
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COVID-19 Pandemic: The Surprise Catalyst for Telemedicine Adoption
It is no secret that technology adoption in healthcare often lags adoption in other sectors. Often, the slow pace of adoption makes sense. While technology can drastically improve both cost and quality in healthcare when implemented correctly, it can also cause physician burnout, increased administrative workload, and worsen patient outcomes if a new technology fails to live up to the hype.
Historically, the slow pace of IT adoption in healthcare was nowhere more apparent than in the
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COVID-19 Outbreak: The Opportunity & Importance of Health Informatics
Never before has health informatics played a greater role in public health than during the COVID-19 pandemic. While the Health IT industry is certainly challenged due to the overall disruption to the healthcare system, the pandemic undoubtedly underscores the opportunity and importance of health informatics, such as telehealth, remote patient monitoring, patient engagement, AI-based drug discovery, precision medicine, and clinical decision support, but nowhere more pressing than the fields of
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Health IT’s Vital Role in Controlling The Spread of COVID-19
The healthcare system in the United States is becoming overwhelmed as a result of COVID-19 and there is no doubt that this epidemic will test the limits of healthcare delivery systems from end to end. Of course, at the present moment, everyone’s focus is (and rightly should be) on ensuring hospitals and healthcare workers have the appropriate equipment and protective gear they need to stay safe and adequately treat patients. That said, there are other IT considerations that should be taken into
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