The U.S. Food and Drug Administration (FDA) has approved a multi-regional pilot studying the use of blockchain-enabled data technology to track and verify specialty prescription drugs, to ensure safety, enhance value and improve health outcomes.Blockchain Pilot Consortium & Implementation TimelineThe pilot consortium is comprised of Rymedi,Temptime/Zebra, Indiana University Health, WakeMed Health & Hospitals, Good Shepherd Pharmacy and its RemediChain project, as well as the Center for
Read More
Healthcare Delivery | Patient Care | Health IT & Digital Health Impact | News, Analysis, Insights - HIT Consultant
Global Medical Billing Outsourcing Market to Reach $19.7B by 2026
The global medical billing outsourcing market size is projected to reach USD 19.7 billion by 2026 expanding at a compound annual growth rate (CAGR) of 11.8%, according to a Grand View research report. The report reveals that revenue cycle management (RCM) is one of the most complex components of healthcare IT business driven by challenges in rising healthcare costs, market consolidation, an explosion in clinical documentation, and value-based care initiatives.Key Market Drivers for Global
Read More
Indian Digital Health Startup mfine Nabs $17.2M for Virtual Healthcare Delivery Network
mfine, an India-based digital health startup has raised $17.2 million in Series B funding led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group's Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners. Why mfine?Founded in February 2017 by Ashutosh Lawania (Myntra
Read More
ATA Unveils ATA19 Annual Conference Award Winners
The ATA, the nation’s leading telehealth association has unveiled the winners of this year’s annual awards that recognize exemplary achievements and individuals in the telehealth field. The annual conference awards will be presented at the ATA19 Annual Conference and Expo in New Orleans on April 14-16, 2019. “The winners of this year’s awards are doing amazing work and it’s wonderful to see the innovation and transformation that is happening in the Telehealth field,” said Laurie Poole, Vice
Read More
HIMSS19 Day 2 Announcements & Summary
Accenture: Millenials & Gen Z Are Shifting to Virtual, Retail, Clinic, Digital CareMillennial and Gen Z consumers in the U.S. are rapidly adopting non-traditional care models, such as retail clinics, virtual and digital services, according to results of an Accenture survey of 2,000 consumers.Key findings of the survey study include:- When considering traditional in-person care, millennials (ages 22 to 38 in 2019) were two to three times more likely than baby boomers (ages 55 to 73) to be
Read More
Surescripts National Record Locator Service Now Able to Share 230 Million Patients in Real Time
Four major health systems, including Saint Francis Hospital and Medical Center (Conn.), Singing River Health System (Miss.), SLUCare Physician Group (Mo.) and WVU Medicine (W. Va.), went live with Surescripts National Record Locator Service (NRLS) to equip providers with fast and easy access to clinical records for 230 million patients and four billion nationwide patient visit locations. This latest expansion comes on the heels of recent deployments of Surescripts NRLS across eight large health
Read More
OurCrowd Launches Israel’s First $50M Digital Health Fund
OurCrowd, an Jerusalem-based global equity crowdfunding platform for accredited investors has launched Israel's first $50 million fund to invest in digital health startups. The new fund called OurCrowd Qure will focus on digital health startups at seed and series A stages in Israel, the US and the Asia Pacific region. Allen Kamer and Dr. Yossi Bahagon has been appointed to lead the fund.OurCrowd Qure has established a collaboration with Johns Hopkins University to provide validation of value,
Read More
Focus on Standards Not Governance
Written by John Tempecsco, Chief Marketing Officer at ICA Informatcs
There are many reasons why HIEs have not historically thrived. During the CHINs of several decades ago, there were four major barriers to success. First, the prevalence and acceptability of the Internet had not emerged, and the infrastructure to connect healthcare organizations within the community cost as much or more than the solution itself. Second, there were very few clinical applications being adopted within the
Read More
Infographic:Social Media in Healthcare
Social media in healthcare is becoming increasingly more prevalent within the healthcare industry. With more hospitals and doctors joining social-media platforms on a consistent basis, it begs the question of “helpful or harmful”? One thing is certain: clear parameters must be established, so professional and personal lines don’t become blurred.
It’s vital to have a well-diversified and comprehensive social-media policy in place, outlining the dos and don’ts for everyone within your facility.
Read More
Infographic:Making Patient Experience a Priority
“Patient experience” may be the latest buzzword in the healthcare industry, but few organizations really understand what it is and how to improve it. The following infographic created by Beryl Health explains why patient experience should be more than just a buzzword and why “closing the loop” is more important than ever.
Read More
