What You Should Know: - KLAS asked 16 prominent members of the healthcare community with broad HIT expertise to read 42 KLAS reports on emerging technology and rate their perception of the solutions based on their potential to impact the Quadruple Aim of Healthcare: to improve outcomes, reduce the cost of care, improve the patient experience, and improve the clinician experience. - The new report by KLAS (1) ranks these emerging solutions by their ability to disrupt the
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HIT
7 Health IT Industry Outlook Report Trends to Watch in 2022
What You Should Know: - As COVID-19 accelerated demand for more advanced digital health and patient engagement technologies, hospital and health system IT departments shouldered these expectations – rolling out new capabilities in record time, while still balancing daily operational support responsibilities. Now, IT staff burnout has escalated into major career jumps, with many hospital IT departments struggling to fill talent gaps from high turnover. - Utilizing flexible staffing
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Epicore & Denka Partner to Tackle Dehydration Crisis in Asia via Sweat-Sensing Wearable
What You Should Know: - Epicore Biosystems today announced a partnership with Denka Corporation, a Japan-based multinational technology and materials company. - Under the agreement, Epicore Biosystems and Denka will collaborate on strategic initiatives to pilot and distribute Epicore’s portfolio of advanced wearable hydration solutions in Japan and expand into Asia markets. Tackling Asia’s Dehydration Crisis Through Sweat-Sensing Wearable Technology Founded in 2017, Epicore
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KLAS: Imprivata SSO – Benefits & Challenges of Deep Adoption
What You Should Know: - Recent KLAS research reveals that Imprivata—whose single sign-on solution has a large healthcare footprint—is currently the only vendor to offer a broad digital identity platform. - Building on that research, a new report explores the potential benefits and challenges of deeply adopting Imprivata’s offerings. Insights come from in-depth interviews with 6 organizations identified by Imprivata as “deep adopters” as well as from 15 organizations within the
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Modernizing Medical Payments: Why Providers Must Enrich the Patient Financial Experience
Medical billing issues cause many consumers to shop for different providers. Customers expect a simple, automated billing experience. Insider Intelligence’s recent Spotlight on Modernizing Medical Payments looks at what drives consumers away from their medical providers, and what providers can do to modernize their billing processes. Incorrect or Confusing Bill Cause Patients to Leave Their Doctors According to a December 2021 report on Patient Payment Technology, 64% of respondents
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Analysis: 2022 Semi-Annual Health IT Market Review
Executive Summary Act III of COVID: Navigating the Crosscurrents of Post-Inflation 2022 ushered in Act III of the market’s latest transitionary period: The Post-Inflation Era. Since 2008, the US economy functioned with remarkably low inflation and interest rates. As the cost of capital went lower and lower during the decade, valuations steadily rose. Between 2010 and 2020, the NASDAQ experienced a 17.1% annual growth rate, with no small share of the growth a result of expanding valuation
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Hospital Deploys Immersive Virtual Reality Treatment Room for Kids with Cancer
What You Should Know: - Lee Health’s Golisano Children’s Health Center in Naples, FL has deployed a new immersive virtual reality treatment room to improve the chemo experience for kids with cancer. Today, children battling cancer can now receive their chemotherapy while traveling to outer space, going on a deep-sea diving adventure or being immersed inside a video game. - The opening of the immersive treatment room took place earlier this year and is part of a comprehensive expansion of
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RLDatix Acquires Galen Healthcare Solutions
What You Should Know: - RLDatix, the international leader in governance, risk and compliance (GRC) solutions for healthcare, announced today the acquisition of Galen Healthcare Solutions (Galen), the market leader in implementation, optimization, data migration and archival solutions for HIT systems. - The Galen acquisition will enable RLDatix to help organizations meet regulatory requirements for data retention while also ensuring continuity of care for patients throughout their
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Can Health Plans Lead Us Towards Data-Driven Health Equity?
The Institute for Healthcare improvement indicates that twice as many healthcare organizations cite health equity as a top priority today when compared to 2019. It may feel like the COVID-19 pandemic just made us collectively realize that health disparities exist, but they have been acknowledged in academic, government, and philanthropic spheres for over 4 decades. While I would love to debate if our collective realization was blissful ignorance or intentional avoidance, I will save those
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HPG Acquires HIT Consulting Services Provider HDS
What You Should Know: - Healthcare Performance Group, Inc. (HPG) acquires Health Data Specialists, LLC (HDS), a healthcare IT consulting firm with expertise in Epic, Siemens, and Cerner platforms serving more than 300 hospitals and health systems. - The HPG consulting team includes IT and informatics experts as well as nurses, pharmacists, lab technicians, radiology experts, certified revenue cycle professionals, medical executives, program managers and project managers. These backgrounds
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