Against the backdrop of artificial intelligence in medical imaging and other hyped healthcare IT technologies, market trends in core radiology IT software and services can easily be overlooked. Many of the largest markets in North America and Western Europe have reached saturation, with few new “greenfield” opportunities. Instead, the dynamics of much of the global radiology IT market revolve around long procurement cycles, replacement or contract roll-on and an entrenched customer base.However,
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Why 2018 May Have Been A High-Water Mark for Digital Health Funding
Michael A Greely, Co-Founder & General Partner at Flare Capital Partners
Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still
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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
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4 Barriers to Overcome Before AI in Medical Imaging Becomes Mainstream
The world market for artificial intelligence (AI) in medical imaging, comprising software for automated detection, quantification, decision support, and diagnosis, is forecasted to reach $2 billion by 2023, according to a new report from Signify Research, an independent supplier of market intelligence and consultancy to the global healthcare technology industry. The report, “Machine Learning in Medical Imaging – 2018 Edition” provides a data-centric and global outlook on the current and
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Verana Health Lands $30M for EHR Integrated Data Platform for Life Sciences
Verana Health formerly known as DigiSight Technologies), a healthcare technology developer of a cutting-edge platform for life science innovation that utilizes regulatory-grade specialty data sets has raised $30M in Series C funding led by GV (formerly Google Ventures) with participation from existing investors Biomatics Capital, Brook Byers, founder of Kleiner, Perkins, Caufield & Byers, GE Ventures, and Lagunita Biosciences.In addition to the Series C funding, the company has appointed
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Hitch Health, Lyft Partner to Provide Non-Emergency Medical Transportation to Patients
Hitch Health, a Minneapolis, MN-based healthcare technology company focused on innovative ways to improve patient health, today announced the launch of their partnership with ridesharing company Lyft. The announcement comes off the heels of a successful six-month pilot phase focused on at-risk populations served by Minnesota’s Hennepin Healthcare, which operates Hennepin County Medical Center (HCMC) in Minneapolis, as well as primary care clinics in Minneapolis and suburban communities. Early
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Healthcare Technology’s Broken GPS
Primary care physician, Rob Lambert MD describes the bad directions given by Healthcare technology and how we should carve out a new role in patient care
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How to Determine if Your Mobile EHR is Useful
Written by Ahmed Mori, Content Writer for CareCloud outlines what features make mobile EHR system useful
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The High Cost of HIPAA Violations [Infographic Wednesdays]
Infographic details some of the most serious penalties ever given by the federal government for the high cost of HIPAA violations.
Security breaches have increased over 32% over the past year in healthcare organizations costing an estimated 6.5 billion dollars annually according to a study by the Ponemon Institute. Last week, the HHS office for Civil Rights issued its first enforcement action against the state of Alaska settling with Alaska’s Department of Health and Social Services (DHSS) for
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5 Devices Physicians Need to Know About
In the following video from Medscape, Dr. Eric Topol, author of The Creative Destruction of Medicine, will discuss how technology is changing medicine and demonstrate 5 devices physicians need to know about.
Image courtesy of Shutterstock
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