What You Should Know: - How the top US acute EHR vendors, namely Cerner, Epic, Allscripts, and MEDITECH (+85% share of US acute market in terms of revenues), have progressed on international expansion. As highlighted below, 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 $650M in 2019, representing 12% of its business. Whilst MEDITECH has considerably lower revenue than
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Healthcare IT | Health IT | News, Analysis, Insights
Cerner Launches AI-Powered Command Center Dashboard for COVID-19 Response
What You Should Know: - Cerner launches a new Command Center dashboard to help organizations visualize and optimize operations in a centralized location by leveraging real-time data and predictive analytics to provide situational awareness and decision support during COVID-19. - Powered by AI and predictive models, helps organizations align patient needs, staffing, and resources to improve care and operational efficiency. Healthcare IT leader Cerner recently launched a new tool to
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M&A Analysis: 3 Benefits of Siemens Healthineers’ $16.4B Acquisition of Varian Medical
What You Should Know: - Siemens Healthineers and Varian Medical announce a $16.4B deal in an all-cash transaction on 2nd August 2020. - Deal expected to close in 1H 2021. - Varian Medical will maintain its brand name and operate “independently” - Siemens AG will drop holding in Siemens Healthineers from 85% to 72% as part of the transaction. News of the deal between Siemens Healthineers and Varian Medical will have caught many industry onlookers off guard on Sunday evening.
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Cybersecurity: Managing Risk in the COVID-19 Era
Healthcare IT consultants’ work involving health records may expose them – and their provider and payer clients – to regulatory, legal, financial, and reputational risk. These risks are potentially higher in the COVID-19 era, with many of their employees working from home and accessing sensitive records and networks from remote locations. According to the US Department of Homeland Security (DHS), there is a heightened risk of phishing, SMS phishing and other attacks using COVID-19 themes, and
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Top 3 Priority Areas for Healthcare CIOs in the Age of COVID-19
What You Should Know: - In the age of COVID-19, healthcare CIOs cite interoperability,
cybersecurity, and operationalizing SDOH data priorities as top three priority
areas, according to the third annual LexisNexis focus group of CHIME
executives. - The survey results also highlighted the importance of
a team approach with support across the organization in helping CIOs
achieve the vision of connected healthcare. The Health Care business of LexisNexis® Risk
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MTBC Acquires RCM Vendor Meridian Medical Management
What You Should Know: - MTBC acquires Meridian Medical Management, a former GE
Healthcare IT company to enhance its cloud-based healthcare IT solutions and
services. - Meridian Medical Management has been providing revenue cycle
management solutions to the ambulatory medical practice management marketplace
for over 20 years. MTBC, Inc., a Somerset,
NJ-based provider of cloud-based
healthcare IT solutions and services announced it has acquired
Meridian Medical Management
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Kyruus Raises $30M to Expand Provider Search and Scheduling Solutions
What You Should Know: - Kyruus, a provider search and scheduling solutions company raises $30 million in new funding from Francisco Partners, a technology-focused private equity firm. - Kyruus will use the investment to expand its patient access platform to help health systems enhance the patient experience, both during and beyond the COVID-19 pandemic. Kyruus, a Boston, MA-based suite of provider search and scheduling solutions for health systems, today announced
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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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Jvion Appoints Jay Deady CEO to Lead Next Stage of Growth
What You Should Know: - Clinical AI leader Jvion names industry veteran Jay Deady as Chief Executive Officer (CEO), succeeding founder Shantanu Nigam who will transition to his new role as Executive Chairman of the Board. - In the midst of the COVID-19 pandemic, Jay joins Jvion during a turbulent time for healthcare. As CEO, he will lead Jvion’s ongoing efforts to support hospitals and providers through the crisis. Jvion,
a leader in clinical AI, announced
today that Jay Deady,
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Analysis: Applying AI in the Fight Against The Coronavirus
Drug discovery is a notoriously long, complex and expensive process requiring the concerted efforts of the world’s brightest minds. The complexity in understanding human physiology and molecular mechanisms is increasing with every new research paper published and for every new compound tested. As the world is facing a new challenge in trying to both adapt to and defend itself against the coronavirus, artificial intelligence is offering new hope that a cure might be developed faster than ever
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