As a physician, we have the unique privilege of having complete strangers share the most personal aspects of their lives and trust us to make their lives better.
While we find successful ways to help a majority of our patients, frustration begins to set in when we encounter a handful of patients we cannot assist. Sometimes, the root cause is something as simple as lack of timely communication, but often, it’s the technology, or the solution, that’s not available.
When the
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operating room
BioIntelliSense Acquires Patient Monitoring Company AlertWatch
What You Should Know:
- BioIntelliSense, Inc. acquires AlertWatch, an FDA-cleared, clinically proven patient monitoring solution. AlertWatch uniquely provides robust integration, data analysis and a patented intuitive display of contextual patient data for more efficient, actionable clinical decisions.
- As part of the recently announced strategic partnership with Medtronic, its Patient Monitoring business will distribute AlertWatch to hospitals throughout the U.S.
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Philips Expands ClarifEye AR Surgical Navigation in Japan
What You Should Know:
- Royal Philips, a global leader in health technology, recently announced the expanded rollout of its augmented reality (AR) surgical navigation solution - ClarifEye - to Japan, highlighting positive results in the first patients treated by the International University of Health and Welfare, Mita Hospital using this innovative 3D AR solution.
- Installed on a Philips interventional X-ray system in a hybrid operating room at Mita Hospital, ClarifEye helped the
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Growing Surgical Revenue, OR Automation Named Top Priority for Health Systems
What You Should Know:
- Increasing surgical services revenue is a top priority for healthcare systems, with automation seen as a way to accomplish it, according to a new survey of healthcare executives conducted by The Health Management Academy.
- Seventy-six percent of respondents named increasing surgical services revenue as a top priority, while half the health systems represented said they plan to increase investments across their surgical services in the next two
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Reimagining The Operating Room of The Future with Robotics
Make way for the age of software-defined healthcare.
Amid a growing shortage of doctors and nurses, hospitals around the world are increasingly turning to AI to improve the quality of care in the face of an aging population. One major undertaking across the healthcare industry is to deliver AI-driven solutions that can improve surgical care - a tall order.
According to the Journal of the American College of Surgeons, in the US alone, individuals can expect to undergo, on average, seven
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Hospital Finances Down As Funding Dries Up, Report Finds
What You Should Know:
- Hospitals and health systems saw decreases in outpatient revenue and operating room time and increases in inpatient lengths of stay from June to July 2022, leading to a decline in financial performance after months of improvement, according to the latest National Hospital Flash Report from Kaufman Hall.
- The analysis reveals that U.S. hospitals and health systems are experiencing some of the worst margins since the beginning of the COVID-19
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Hospital Margins are Still in the Red Halfway Through 2022
What You Should Know:
- U.S. hospitals, health systems, and physician practices continue to face historically high operating expenses that increased patient volumes and revenues could not counteract, leading to negative margins for the sixth straight month in 2022, according to data from Kaufman Hall’s National Hospital Flash Report and Physician Flash Report.
- The median Kaufman Hall year-to-date operating margin index for hospitals was -0.09% through June, for a sixth
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CMR Surgical Launches VR Education Solution for Soft Tissue Robotic Surgery
What You Should Know:
- Today, CMR Surgical has announced a VR professional education program for its Versius® Surgical Robotic System.
- The announcement marks CRM Surgical as the first soft-tissue surgical robotics system to offer VR training as part of its surgical team training pathway; giving surgical teams increased flexibility to practice their skills.
VR Training for Surgical Robot
The VR headset solution was
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HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions
Mergers & Acquisitions (M&A) Activity
OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform
OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
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Ventilator Consumables Market Analysis: COVID-19 Pandemic Repercussions
Consumables are often associated with low-cost, standardized products. This has often been the case with breathing system solutions used in ventilation. However, the COVID-19 pandemic has highlighted the importance of sufficient infection control in the hospital environment, subsequently uplifting demand for solutions that reduce infection risk. Vendors of all calibers grabbed this opportunity to expand market share, but questions remain on whether they will keep up in a crowded and
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