As we close out the year, we asked several healthcare industry executives to share their predictions and trends for 2020.
Robbie Hughes, Founder, and CEO, Lumeon
“Following the announcement of the Trump administration's price transparency requirement – and the ensuing backlash from hospital groups – the issue of price transparency will dominate the healthcare industry next year. Regardless of the outcome of the lawsuit, I expect we'll see more attention around the importance of the
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KLAS: ERP Implementation – Which Consulting Partner is the Right Fit?
- New KLAS Report on ERP implementations finds clients are highly satisfied with Premier’s implementation services, while Infor consulting services clients report dissatisfaction with their implementations.- Clients view PwC as having strong ERP implementation experience and being capable of managing an ERP implementation as part of a broader business transformation.- For Workday and Oracle ERP implementations, KPMG’s ERP implementations often exceeds Expectations while Deloitte’s ERP Clients
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KLAS: State of Cloud-based ERP Vendor Performance in Healthcare
In the traditionally stagnant market of ERP (HR, finance, and/or supply chain) in healthcare, aging on-premises solutions are giving way to several cloud options now on the table. Given the significant lift required to move to a new ERP system, many healthcare organizations contemplating the cloud are taking the opportunity to consider all vendors, not just their incumbent, according to a new report from KLAS Research.In the report, “ERP 2019: Performance in the Cloud,” KLAS interviewed several
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PE Firm Considering Options Including Sale of RCM Provider Waystar
Private multi-asset alternative investment firm Bain Capital is reportedly considering options including the potential sale of revenue cycle management (RCM) company Waystar, Bloomberg reports. In 2018, Bain rebranded RCM companies Navicure and ZirMed as Waystar after merging the two companies together in 2017. Waystar Sale Could Value Company At More Than $3BBain has started early-stage discussions about a potential sale that could value the business at more than $3 billion, according to
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Oracle Health Unveils mHealth Connector Cloud Service to Collect Patient Data During Clinical Trials
Oracle Health Sciences releases its new mHealth Connector Cloud Service that will enable clinical study teams to remotely collect e-Source data from patient sensors, wearables and apps during their clinical trials, all while delivering a new level of patient engagement and centricity.“We are thrilled to announce our new mHealth Connector as it holds great promise in speeding clinical trials and bringing more drugs to market faster. Being able to take what used to be patient-recorded data and
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Oracle Unveils Cloud-based Data Management Workbench to Streamline End-to-End Clinical Data
Oracle Health Sciences unveiled a cloud-based Data Management Workbench this week that promises to lower the cost and increase traceability of clinical development. By streamlining end to end clinical data flow across Clinical R&D, Oracle Health Sciences Data Management Workbench Cloud Service enables pharmaceutical companies and contract research organizations to integrate, reconcile and analyze the growing variety and volume of clinical and healthcare data.Planning and managing clinical
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NTT Data, Oracle Collaborate to Bring Healthcare Big Data to the Cloud
NTT DATA, Inc. announced the expansion of its existing relationship with Oracle to include end-to-end cloud capabilities for Oracle’s Healthcare Foundation, a unified healthcare analytics platform. The platform provides data integration and warehousing of clinical, financial, administrative and -omics modules in a cloud solution to customers worldwide. The healthcare cloud offering will provide organizations the ability to easily unify, grow or replace their existing healthcare data warehouse
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3 Keys to Achieving Clinically Actionable Precision Medicine for Providers
Oracle’s Jonathan Sheldon shares his perspective on precision medicine and explains how providers can prepare for the transformation that lies ahead.The term personalized healthcare may seem like a buzzword, but it’s real and developing faster than imagined in the form of precision medicine. Using a patient’s genetic profile in conjunction with lifestyle and environmental variables to create individual treatment plans—what could be more personal than that?Thanks to technology, we are starting to
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Healthcare Analytics Market to Reach $18.7B by 2020
The global healthcare analytics market is expected to reach $18.7 Billion by 2020 from $5.8 Billion in 2015, according to a new market research report by MarketsandMarkets. Among end users, the healthcare providers segment is expected to grow at the highest CAGR during this forecast period. The demand in this market is highly driven by federal mandates such as the implementation of EHRs and ICD-10 code sets, shift towards value-based medicine, and the increased focus on quality care and reduced
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