What You Should Know: - Socially Determined, the Social Risk Intelligence™ company for organizations committed to addressing the social determinants of health, today announced it has entered into a strategic partnership with DataGen, the healthcare analytics company that 48 state hospital associations, and their members, trust to deliver insights on payment policy changes, value-based programs and market dynamics. Through this partnership, Socially Determined will enrich the insights and
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Health Systems| Integrated Delivery Network (IDN) | News, Analysis, Insights - HIT Consultant
Tight Hospital Margins Continue Amid COVID-19 Concerns
What You Should Know: - U.S. hospitals and health systems continued to experience tight margins in June, as rising expenses offset revenue and volume improvements—amid concern about the impact of the COVID-19 Delta variant—according to the latest issue of Kaufman Hall’s National Hospital Flash Report. - The National Hospital Flash Report draws on data from more than 900 hospitals. Data from the report comes from Axiom’s Comparative Analytics from Syntellis
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Leveraging Digital Health to Assist Developing Countries’ Health Systems
Vaccine rollouts are picking up steam and many parts of the world are gradually beginning to relax restrictions and reopen their economies. While this welcome news is cause for celebration, it is crucial for decision-makers in developed countries to understand the reality: for the most part, it is only developed countries that are really moving through this. Less fortunate parts of the world—notably Brazil and India—have practically served these past few months as petri dishes for mutations that
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Teladoc Health Integrates Solo platform with Microsoft Teams for Health Systems
What You Should Know: - Teladoc Health announced a collaboration with Microsoft in which Teladoc Health’s Solo platform for hospitals and health systems will be integrated into the Microsoft Teams environment to strengthen physician and patient access to best-in-class virtual healthcare. - The combination of communications and workflows in Microsoft Teams with Teladoc Health’s medical-grade whole-person virtual care delivery solutions will simplify
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Why Virtual Care is Key to Health Systems Long-Term Business Strategy
Over the past year, the shortcomings and gaps in healthcare have been exacerbated by the COVID-19 pandemic. The patient and provider experience (and their respective preferences) in care delivery have been no exception to the industry’s shortcomings. Providers and patients are looking for more convenient, efficient solutions to simplify the giving and receiving of care. Providers want more time back for face-to-face care with their patients, and patients want more affordable, convenient
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4 Ways Health Systems Need To Reinvent Themselves to Compete
For about a decade, digital health has been slowly winning the battle against healthcare’s slow pace of change. Digital found an unexpected ally in Covid, as the pandemic forced health systems to adopt virtual solutions wholesale. As we start to come out on the other side, though, some health systems are contemplating returning to the status quo, especially as they’re feeling acute financial strain. The majority, however, understand that the pandemic constitutes a sea change in the
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What Will It Take for Hospitals to Survive the Pandemic?
On New Years Eve, just as the Covid-19 outbreak in Los Angeles was at its worst, all 451 of Olympia Medical Center’s exhausted employees learned they would soon lose their jobs. After 74 years, the hospital closed for good on March 31st, leaving residents of the surrounding community — poor and mostly people of color — without a place to see a doctor. And it isn’t the only hospital closing. At least 47 hospitals have closed or filed for bankruptcy in the last year, and there will
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PHINs: Addressing the Fundamental Flaws that Have Broken Healthcare
The fundamental problem with healthcare can be summed up in one sentence: We expect healthcare services that cater to our individual needs, yet the health care system operates under a one-size-fits-all, trial-and-error model. It is a model that results in missed diagnoses, protracted illnesses, and even premature death and wastes $935 billion annually. The financial toll of this outmoded approach pales in comparison to the human toll. More than 128,000 people in the U.S. die each year
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TytoCare & GIVA Care Partner to Bring Telehealth to Ukraine
What You Should Know: - TytoCare has partnered with GIVA Care Group, a leading healthcare distribution company, to bring its all-in-one remote examination solution to the Ukrainian healthcare industry. - The partnership with GIVA Care will mark the first implementation of the TytoCare telehealth solution in Eastern Europe. As the sole distributor
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Time and Goals Should Drive Your Post-COVID-19 Care Management Strategy
COVID-19 forced many health systems to reassess and reconfigure their care management processes and staffing models so that clinicians could better manage more of their acute, complex, and otherwise healthy patients remotely to limit in-person care. During this time, health systems likely learned quite a bit about remote care management and discovered that they could still deliver high-quality care without their patients needing to visit their providers in-person as often. With two
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