Today’s healthcare facilities are facing critical staffing problems. Over 19% of U.S. hospitals are experiencing staffing shortages, according to government data posted earlier this year. Caused primarily by the COVID-19 pandemic, nurses and doctors have left hospitals and healthcare clinics because of the dangerous, high-stress conditions. More recently, the U.S. saw rulings and changes that could affect an individual’s access to healthcare – driving more questions and concerns from patients
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Unlocking Patient Medical Records Through Digital Retrieval of Clinical Data
Thousands of times a day, at health systems throughout the US, workers manually search for patient medical charts, print them out on paper, or save them to a file—and then fax, mail, or email them to a payer or third party who has requested it. The productivity for this often manual approach is about five charts an hour per worker, and the average cost to retrieve a medical record varies by state, health system, and the number of pages. The cost per medical record ranges from about $25 to
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20 Executives Share Health IT Predictions to Watch in 2023
We asked several healthcare executives to share their health IT predictions and trends for 2023. Nate Maslak, the co-founder/CEO of Ribbon Health Data Personalization: 38% of consumers want more personalized and inclusive healthcare options. In 2023, we’ll see a greater shift towards healthcare enterprises prioritizing this personalization, by innovating their current data infrastructure to show a range of information that lets a patient make an educated care decision based on what
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M&A: LeanTaaS Acquires Hospital IQ, Combined Valuation Exceeds $1B
What You Should Know: - LeanTaaS, Inc., a provider of AI-powered and SaaS-based capacity management and patient flow software for health systems, today announced it has acquired Hospital IQ, a provider of intelligent automation solutions for hospitals. The acquisition values the combined company at more than $1 billion in enterprise value and enables it to power intelligent operations across more than 180+ U.S. health systems. The financial terms of the acquisition were not disclosed. -
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Exec Hires: Icario Appoints Marc Willard as Chief Executive Officer
What You Should Know: - Icario, the healthcare industry’s largest health action company has appointed Marc Willard as its new CEO. - Willard will also join Icario’s Board of Directors and Steve Wigginton, Icario’s founding CEO, will remain an investor in and advisor to the company. Marc Willard Bio/Background Having spent the last three decades leading and building healthcare technology businesses, Willard brings highly relevant experiences and industry relationships to his new
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Why The Future of Lateral Flow Testing is Digital
Lateral flow immunoassay tests (or LFTs, for short) have been in use for decades, becoming an indispensable tool within diagnostics’ (Dx) practice, as well as a growing range of applications outside healthcare. LFT's capacity for delivering fast turnaround—rapid detection in less than 20 minutes—from sample to result has made LFTs central to the shift moving triage and primary care closer to the patient at point-of-care (POC) and point-of-need (PON). Being intuitive for the user,
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We’re Feeling the Effects of the Nursing Shortage. Health Tech Can Help
The healthcare industry is in desperate need of nurses — and fast. Chances are this isn't news to you. You've seen the countless headlines covering the impact the pandemic has had on nurses, and how that nursing shortage has impacted employment numbers, healthcare facilities, and patient care. Nurses are burnt out. They're stressed, exhausted, and struggling to find adequate mental health support. But the pandemic isn't the only issue to blame. Experts are predicting that over 1 million RNs
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How Low-Code Development Will Deliver The Future of Public Health Services
From reducing IT backlogs and accelerating app development, to empowering citizen developers and enabling “fusion” dev teams of programmers and business technologists, the private sector has been enjoying the benefits of low-code development for some time now. For those unfamiliar with the concept, “low-code” generally refers to app development platforms in which users can input information and get the results they need through graphical user interfaces, or GUIs, rather than having to
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Prescryptive Health Taps Lilly on First-to-Market Value-Based Program to Stabilize Insulin Pricing
What You Should Know: - Prescryptive Health, a healthcare technology company on a mission to rewrite the script for the U.S. pharmaceutical market partners with Eli Lilly and Company on a new and first-to-market subscription model to help lower costs for people who pay for their Lilly insulin through their employer-sponsored benefits. - Through a flat, per-member, per-month subscription fee, employers can offer insulin to their employees with predictable, affordable, and transparent costs.
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PatientsLikeMe Partners with LetsGetChecked to Offer Members Access to Home Testing Solutions
What You Should Know: - PatientsLikeMe (PLM), the trusted community health network that empowers patients to take charge of their health, announced its partnership with LetsGetChecked, a global healthcare solutions company. - The partnership will provide PLM’s 1 million members with access to enhanced patient support capabilities for testing. PLM’s expansive patient community can now utilize LetsGetChecked’s suite of offerings directly through the PLM platform and receive a discount on
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