- 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
Healthcare IT | Health IT | News, Analysis, Insights
4 Ways to Make Security Training A Priority in Your Healthcare Organization
cc
Healthcare finally made the shift–it went digital. Overdue, perhaps – and maybe less rapid than the transition by other industries – but nonetheless notable. The age of the Internet of Medical Things (IoMT) has dawned, and healthcare is riding the wave. You go, healthcare!
For healthcare organizations, the advent of IoMT means new technology tools like smart medical devices extending and streamlining care throughout the hospital. This gives clinicians more mobility and more efficiency
Read More
Identity and Access Management – Bridging the Efficiency and Security Gap in Healthcare
The healthcare sector is charged with preserving some of the most sensitive information of any industry. Hospitals and clinics are required to securely store data, such as social security numbers, patient medical records, insurance policy details, and credit card numbers. Although healthcare administrators are confronted with copious amounts of sensitive information, it would be incorrect to assume that the industry is a beacon of cybersecurity best practices. In fact, 13.2 million patient
Read More
KLAS: ERP Implementation – Which Consulting Partner is the Right Fit?
- New KLAS Report on ERP implementations finds clients are highly satisfied with Premier’s implementation services, while Infor consulting services clients report dissatisfaction with their implementations.- Clients view PwC as having strong ERP implementation experience and being capable of managing an ERP implementation as part of a broader business transformation.- For Workday and Oracle ERP implementations, KPMG’s ERP implementations often exceeds Expectations while Deloitte’s ERP Clients
Read More
5 Reasons Why A Single, Integrated EHR Will Not Solve Interoperability
A recent survey of health system IT, informatics, business, and clinical staff revealed that less than 40% of healthcare executives believe their organizations successfully share clinical data with external health systems, payers, and other partners. When asked what steps their organizations are taking to address interoperability challenges, 60% of respondents reported their organizations were moving to a single, integrated EHR. In addition to costing tens or hundreds of millions of dollars,
Read More
Dedalus to Acquire Agfa’s HCIS Business: Impact on European EMR Market
Yesterday Agfa announced it had entered exclusive negotiations with Dedalus Holding to sell part of its Healthcare IT business, specifically the business tied to its EMR and Integrated Care offerings. The facts are:- In May 2019 Agfa stated it would explore selling its Hospital IT and Integrated Care (HCIS) solutions business.- This process was brought a step forward towards the conclusion yesterday with the announcement that the deal (valued at €945M) would be completed during Q2 2020, and
Read More
10 Factors Radiologists Should Consider When Selecting AI Vendors
With over 150 independent software vendors developing machine learning solutions for medical imaging, sorting through the plethora of options to select vendors is a challenge. Here are 10 factors radiologists should consider (and questions they should ask) before partnering with vendors providing AI solutions for medical imaging.
1. Clinical Relevancy
The foremost consideration for healthcare providers adopting AI into their clinical workflow is relevancy. Does the AI solution truly
Read More
EMR Replacement: Abstraction or Data Migration?
Most healthcare organizations have already managed the transition from paper to electronic medical records. It was time-consuming, challenging and nerve-wracking. But with the first-generation of EMRs approaching the end of their usefulness, with mergers and acquisitions requiring the adoption of new systems (most incompatible with the legacy systems), with the advent of new government standards, more rigorous legal requirements and higher expectations associated with “value-based care” and
Read More
Commonwealth Healthcare Corporation to Upgrade to Medsphere’s CareVue EHR
- Commonwealth Healthcare Corporation (CHCC) will implement Medsphere’s CareVue electronic health record (EHR) and revenue cycle management (RCM) platform. - Based on Saipan, the capital of the Commonwealth of the Northern Mariana Islands, CHCC is the primary organizer of acute and ambulatory healthcare services for the islands of Rota, Saipan, and Tinian.Commonwealth Healthcare Corporation (CHCC) will implement the Medsphere’s CareVue electronic health record (EHR) and revenue cycle management
Read More
Price Transparency: Why Hospitals Need to Focus On Understanding Their Data
This year, hospital price transparency took a front seat after CMS issued a new set of rules and requirements. While they haven’t been written into law just yet, these rules will help set a framework for the kinds of requirements that are likely to become standard soon. With that in mind, now is the time to begin preparing for the inevitable. Creating a proactive response to the new changes as well as the evolving competitive environment and expected a response from consumers is essential for
Read More
