What You Should Know: - Medtronic announces partnership with BioIntelliSense for exclusive U.S. distribution of multi-parameter wearable for continuous remote patient monitoring from in-hospital to home. - The partnership enables Medtronic to offer access to BioIntellSense’s BioButton® multi-parameter wearable device, which provides scalable personalized patient care, greater workflow automation and proactive clinical interventions for hospitals facing increasing costs and growing
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Medical Records | Health Information Management | Revenue Cycle Management
eClinicalWorks Invests $100M in Microsoft Azure
What You Should Know: - McKinsey reports that cloud capabilities have the potential to generate a value of $100 billion to $170 billion for healthcare companies in 2030. The cloud enables healthcare companies to innovate, digitize and realize their strategic goals. - eClinicalWorks is currently investing over $100M in Microsoft Azure cloud services to accelerate innovations in digital healthcare. Technological Solutions For Improving Patient Care and Health
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Why There’s Renewed Interest In The Cloud for Healthcare
From the development of the EMR to the growth of telehealth, the digital environment for healthcare has evolved tremendously over the last few years. So, it’s no surprise that IT spending is set to increase by 12.3% for cloud computing, 9.7%, for digital transformation, and 9.7% for security software this year. Though healthcare organizations have historically been slower to adopt cloud, we’re now seeing renewed interest. Has the pandemic caused a reaction among IT leaders to
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EMPI/MPI: An End-to-End Approach to Patient Data Integrity
Maintaining patient data integrity is more complicated than ever; cybersecurity threats loom, patients are taking more ownership of their care (self-registration, for example) and health system merger activity is on the rise. It can make the quest for the ever-elusive 1% maximum duplicate rate seem, at times, unattainable. But a secure, accurate, and duplicate-free MPI/EMPI can be achieved. It just requires a multi-pronged approach to protect data throughout its journey into a health system
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A Hybrid, Technology-Driven Approach to Overcome Coding and RCM Staff Shortages
Exacerbated by pandemic-induced burnout, resignations, and even terminations1, chronic coding and revenue cycle management (RCM) staffing shortages have healthcare organizations struggling to find ways to keep revenue flowing despite a lack of qualified professionals to handle critical processes. It is a situation that has been brewing for years, as too few qualified professionals are entering professions that are expanding more rapidly than ever before. According to the American Hospital
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How Medical Researchers Can Leverage Tech to Help Streamline Biospecimen Matchmaking and Procurement
Many medical advancements – from life-saving vaccines and treatments to new diagnostic tests like liquid biopsies – are built on research that involves human biospecimens. Biofluids, tissue and cells are indispensable resources for the medical researcher, yet the process of sourcing these biospecimens can be woefully frustrating and inefficient. These challenges can have a direct, negative impact on the pace of discovery, creating urgency for improved access to the biospecimens researchers need
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AmerisourceBergen Launches EHR-Integrated Digital Therapeutics Platform
What You Should Know: This week, AmerisourceBergen announced plans to launch DTx Connect, a fully integrated ordering, dispensing and fulfillment platform that aims to facilitate patient access to physician-ordered digital therapeutics and diagnostics. - Several developers plan to pilot DTx Connect, which aims to reduce barriers that physicians and patients face across the ordering and fulfillment of digital therapeutics and diagnostics. Digital Therapeutics Market
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ClaimLogiq Acquires SyTrue for Better Clinical, Coding, & Medical Reviews
What You Should Know: - Payment integrity tech provider ClaimLogiq acquires SyTrue, a provider of healthcare natural language processing (NLP) technology. Financial details of the acquisition were not disclosed. - The acquisition combines the premier payment integrity platform with the leading NLP technology solution to transform how health plans address payment integrity, risk adjustment and data management. By combining their technologies, the market will have a new seamless and cohesive
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Executive Roundtable: Can Innovation Alleviate Clinician Burnout?
The U.S. Surgeon General’s recent advisory about clinician burnout cited numerous societal, cultural, structural, and organizational causes—including excessive workloads, administrative burden, and lack of organizational support. The potential fallout of this trajectory is alarming: The advisory cites the Association of American Medical Colleges’ estimate on clinician demand outpacing supply, with an anticipated shortage of between
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$3.7 Trillion Reasons to Centralize Chronic Disease Management
59% of all Americans (194 million) suffer from at least one chronic disease, and almost one in three adults has three or more chronic conditions. Unfortunately, the problem will only get worse with time. On the business front of chronic disease management, health care systems are already struggling with rising costs and uneven quality despite the hard work of well-intentioned, well-trained clinicians. Health care leaders and policymakers have tried countless
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