Health systems across the country will require a plan to react to government deep spending cuts and revenue shortfalls due to the COVID-19 pandemic. Hospital services have seen a significant downturn in demand in 2020, and the recent resurgence in cases has led to further decreases. The public health emergency has also resulted in innovation, most notably telehealth, which has been granted temporary pay parity during the pandemic.
Still, hospitals and health systems face a year of losses, but
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Partners Healthcare
5 Trends Driving The Future of Healthcare Real Estate in 2020 & Beyond
The COVID-19 pandemic has forever changed patient expectations for healthcare delivery, including offered services and health office operations. Although health systems have remained dynamic in adopting telehealth capabilities, their long-term capital, like real estate and supply chain management (SCM) protocols, have not adapted to match these expectations. Health systems must be aware of current trends in both areas to inform their future decisions.
Divesting in healthcare real estate
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How Times of Crisis Spur Needed Change in Healthcare Delivery
As the COVID-19 pandemic continues to change healthcare operations in the world, foundational systems are being adapted to meet these new demands. Sometimes it takes extreme circumstances to see the cracks in a system. COVID-19 has exposed areas with more room for improvement in the healthcare system, such as optimizing operational efficiency. Organizations and individuals have changed their interactions, processes, ways of working, treatment plans, and even foundational technology. As the
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Cohere Health Launches with $10M to Increase Transparency Across Care Journey
What You Should Know:
- Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners.
- The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans.
- The end
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Partners HealthCare Launches $100M, 5-Year Digital Health Initiative to Reshape the Patient Experience
- Partners HealthCare launches $100M, five-year digital health initiative focused on patient experience, clinical transformation, scaling research and development, and streamline hospital operations. - The digital health initiative will incubate innovative programs under development with the goal of expanding programs that show provider adoption and patient impact.Partners HealthCare today announced it has launched a five-year digital health initiative to improve the patient experience, boost
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Partners HealthCare Launches $80M Investment Funds Towards AI & Digital Translation
- Partners HealthCare launches two new investment funds aimed at addressing the lack of translational funding in pre-clinical life sciences, Artificial Intelligence (AI) and digital technology development. - The Partners HealthCare Artificial Intelligence and Digital Translation Fund (AIDIF) has an initial funding of $30M over five years and the Translational Innovation Fund (TIF) has funding of $50M over six years.Partners HealthCare today announced the creation of two new investment venture
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Kaiser Appoints First Chief Digital Officer, Teladoc’s New COO, Castlight Health CEO, Other Health IT Appointments
Kaiser Permanente has appointed Prat Vemana as its first chief digital officer for Kaiser Foundation Health Plan and Hospitals. In this newly created role, Vemana will lead the ongoing development and execution of Kaiser Permanente's digital vision and strategy, in collaboration with internal health plan, hospital, and medical group teams.
Atlantic Health System has named Dr. Sylvia Romm as Chief Innovation Officer. In her new role, Romm will be responsible for building new partner
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Joe Kvedar, MD Elected Next President of American Telemedicine Association
The American Telemedicine Association (ATA) today announced the election of Joseph C. Kvedar, MD, as President-Elect. Beginning in April 2020, Dr. Kvedar will become President for a year-long term, succeeding John Glaser, Ph.D., Executive Senior Advisor, Cerner, who will become Immediate Past President.
Dr. Kvedar Background
Dr. Kvedar is Vice President of Connected Health at Partners HealthCare, and Professor of Dermatology at Harvard Medical School. Dr. Kvedar previously served as President of
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Analysis: Philips’ Evolution to a Pure-play Healthcare Technology Vendor
The last two-to-three years we have seen Philips complete its transformation into a pure-play healthcare technology vendor. It has reduced its interest in its remaining non-healthcare business Philips Lighting/Signify (now owning only a 16.5% share), made 16 healthcare technology acquisitions since the start of 2017 and organized its internal business units into three core healthcare technology segments, Personal Health, Diagnosis & Treatment and Connected Care. A few weeks ago, several of
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Vida Health Raises $30M for Personalized Virtual Care Platform for Physical & Behavioral Health
Vida Health, a personalized virtual care platform for physical and behavioral health has raised $30M in Series C funding from strategic investors including GuideWell Mutual Holding Corporation, Teladoc Health, and Workday Ventures. Existing investors from previous rounds also participated.Impact of Chronic Disease in the U.S.Sixty percent of adults in the United States have one chronic disease, and 40% have two or more. More than 68% of adults with a mental health condition have at least one
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